Garage Equipment Market Surges USD 10.24 Bn in 2025 at 8.45% CAGR

Garage Equipment Market 2025 Growth Driven by Passenger Vehicle Maintenance and Smart Technologies

According to forecasts, the global garage equipment market will grow from USD 9.45 billion in 2024 to USD 21.43 billion by 2034, with an expected CAGR of 8.45%. Asia Pacific led the garage equipment market in revenue, while North America is set for notable growth. Passenger vehicles dominated by vehicle type, but commercial vehicles are growing fast. Lifting equipment led, with diagnostic tools gaining momentum.

Garage Equipment Market Size and Regional Production Analysis

The garage equipment market is expected to increase from USD 10.24 billion in 2025 to USD 21.43 billion by 2034, growing at a CAGR of 8.45% throughout the forecast period from 2025 to 2034. The growing emphasis of consumers towards regular vehicle maintenance services coupled with rapid investment by automotive workshops to deploy advanced machineries for car servicing has boosted the market expansion.

Also, the increasing production of passenger cars in developed nations along with rising cases of car accidents in different parts of the world is playing a vital role in shaping the industrial landscape. The integration of AI and IoT in garage equipment is expected to create ample growth opportunities for the market players in the upcoming years to come.

Garage Equipment Market Growth and Trends 2025

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Introduction

The garage equipment market is a crucial branch of the automotive industry. This industry deals in manufacturing and distribution of garage equipment in different parts of the world. There are several types of equipment developed in this sector comprising of body shop equipment, diagnostic & testing equipment, emission equipment, lifting equipment, washing equipment, wheel & tire equipment and some others. It is designed for different types of garages consisting of OEM authorized garages, independent garages and some others. These equipment finds application in numerous types of vehicles including passenger vehicles and commercial vehicles. The increasing sales of commercial vehicles in different parts of the world has contributed to the market expansion. This market is expected to rise significantly with the growth of the EV sector around the globe.

Spain Commercial Vehicle Sales (2023-24)

  • According to the OICA, in 2023, around 178511 commercial vehicles were sold in Spain that increased to 202356 during 2024.

Highlights of the Garage Equipment Market

  • Asia Pacific generated highest revenue of the garage equipment market.
  • North America is expected to expand with a significant CAGR during the forecast period.
  • By vehicle, the passenger vehicle segment held the largest share of the market. 
  • By vehicle, the commercial vehicle segment is expected to rise with a notable CAGR during the forecast period.
  • By equipment, the lifting equipment segment led the market.
  • By equipment, the diagnostic & testing equipment segment is expected to grow with the considerable CAGR during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2025 USD 10.24 Billion
Projected Market Size in 2034 USD 21.43 Billion
CAGR (2025 - 2034) 8.45%
Leading Region Asia Pacific
Market Segmentation By Equipment, By Installation, By Function , By Garage , By Vehicle and By Region
Top Key Players Arex Test Systems B.V., Aro Equipments Pvt. Ltd., Boston Garage Equipment Ltd., Continental AG, Gray Manufacturing Company Inc., Robert Bosch GmbH, Vehicle Service Group.

The major trends in this market consists of business expansions, collaborations and rising cases of vehicle accidents.

Business Expansions

  • Numerous market players are investing heavily for constructing new manufacturing facilities to enhance the production of garage equipment.

Collaborations

  • Various garage chains are collaborating with equipment manufacturers to deploy advanced equipment in garages to enhance the car servicing process.

Rising Cases of Vehicle Accidents

  • The growing cases of car accidents in different parts of the world has increased the demand for regular servicing, thereby increasing the application of modern garage equipment.

Equipment Insights

How did the Lifting Equipment Segment Led the Garage Equipment Market in 2025?

The lifting equipment segment dominated the market. The increasing use of lifting equipment in automotive garages to raise vehicles for maintenance and repairs has boosted the market expansion. Also, the rapid adoption of four-post lifts and scissor lifts by commercial vehicles service centers is contributing to the industry in a positive manner. Moreover, numerous advantages of lifting equipment including increased safety, improved efficiency, maximizing garage space and some others is driving the growth of the garage equipment market.

The diagnostic & testing equipment segment is expected to rise with a considerable CAGR during the forecast period. The growing demand for advanced OBD scanners to diagnose numerous components of vehicles has boosted the market growth. Additionally, the deployment of high-quality testing equipment in modern garages is expected to boost the growth of the garage equipment market.

Vehicle Insights

What Made the Passenger Vehicle to be the Most Dominant Segment of the Garage Equipment Market in 2025?

The passenger vehicle segment led the market. The rising production and sales of passenger cars in several countries such as Germany, the U.S., China, South Korea and some others has boosted the market expansion. Additionally, the growing preference of individuals to service their vehicles time-to-time coupled with increase in number of luxury car garages in developed nations is contributing to the industry in a positive direction. Moreover, numerous government initiatives aimed at enhancing safety of passenger cars along with rapid investment by startups for opening up new garages is expected to propel the growth of the garage equipment market. The commercial vehicle segment is expected to grow with a notable CAGR during the forecast period. The increasing adoption of subscription-based commercial vehicle maintenance services by fleet operators has boosted the market expansion. Also, rapid investment by market players for developing advanced equipment to cater the needs of commercial vehicles is playing a vital role in shaping the industrial landscape. Moreover, partnerships among ride-sharing companies and garages for delivering high-quality services is expected to foster the growth of the garage equipment market.

Geographical Insights

Why Asia Pacific dominated the Garage Equipment Market in 2025?

Asia Pacific dominated the garage equipment market. The growing sales and production of passenger vehicles in several countries such as India, China, Japan, South Korea and some others has driven the market expansion. Additionally, rapid investment by individuals to open new car garages coupled with numerous government initiatives aimed at enhancing automotive safety is playing a vital role in shaping the industrial landscape. Moreover, the presence of several market players such as ATS ELGI, Penta Auto Equipments, Guangzhou Jingjia Auto Equipment Co., Ltd, Madhus Garage Equipment Pvt. Ltd and some others is expected to boost the growth of the garage equipment market in this region.

  • In May 2025, Madhus launched Hunter HawkEye XL. Hunter HawkEye XL is an advanced wheel balancing equipment designed for the automotive garages across India. (Source: Motor India Motor India Home)

North America is expected to expand with a significant CAGR during the forecast period. The increasing demand for electric vehicles in the U.S. and Canada with an aim at reducing vehicular emission has boosted the market expansion. Also, rise in number of automotive workshops along with deployment of advanced machineries in modern garages to enhance the servicing process is playing a crucial role in shaping the industry in a positive direction. Moreover, the presence of various market players such as Boston Garage Equipment Ltd, Gray Manufacturing Company Inc., Vehicle Service Group, Cyngn Inc. and some others is expected to foster the growth of the garage equipment market in this region.

  • In January 2025, Cyngn Inc. partnered with COATS. This partnership is done for developing a wide range of equipment for the automotive garages across North America. (Source: Cyngn)

Industry Leader Announcement

  • In March 2025, Sean Price, the director of product development and management at BendPak made an announcement stating that, “The GoAir Mini is a versatile solution for various DIY projects and vehicle maintenance tasks, unlike typical pocket-size inflators that deliver only slow, constant airflow, the GoAir Mini air compressor provides instant, pressurized air.”

Competitive Landscape

The garage equipment market is a rapidly developing industry with the presence of several dominating players. Some of the prominent companies in this industry consists of Gray Manufacturing Company Inc., Istobal S.A., Vehicle Service Group, Arex Test Systems B.V., Aro Equipments Pvt. Ltd., Boston Garage Equipment Ltd., LKQ Coatings Ltd., Ravaglioli S.p.A., Robert Bosch GmbH, Continental AG, and some others. These companies are constantly engaged in developing advanced equipment for automotive garages and adopting numerous strategies such as launches, partnerships, business expansions, joint ventures, acquisitions, collaborations, and some others to maintain their dominance in this industry.

Recent Developments

  • In May 2025, Colad launched a new range of automotive workshop equipment. These new equipment are designed for enhancing comfort, efficiency, and productivity. (Source: Bodyshop Magazine)
  • In April 2025, Carly partnered with TÜV NORD. This partnership is done for launching an advanced diagnostics platform for enhancing the capabilities of modern garages. (Source: Motor Finance)
  • In April 2024, Vehicle Service Group launched two new equipment. These equipment are designed for operating in garages across the EMEA region. (Source: Investors Dovercorporation)

Top Garage Equipment Market Players

Garage Equipment Market Top Key Players

Garage Equipment Market Segments

By Equipment

  • Body Shop Equipment
  • Diagnostic & Testing Equipment
  • Emission Equipment
  • Lifting Equipment
  • Washing Equipment
  • Wheel & Tire Equipment
  • Others

By Installation

  • Mobile
  • Fixed

By Function

  • Electronic
  • Mechanical

By Garage

  • OEM Authorized Garage
    • Body Shop Equipment
    • Diagnostic & Testing Equipment
    • Emission Equipment
    • Lifting Equipment
    • Washing Equipment
    • Wheel & Tire Equipment
    • Others
  • Independent Garage
    • Body Shop Equipment
    • Diagnostic & Testing Equipment
    • Emission Equipment
    • Lifting Equipment
    • Washing Equipment
    • Wheel & Tire Equipment
    • Others

By Vehicle

  • Passenger Vehicle
  • Commercial Vehicle

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • The Middle East and Africa
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  • Insight Code: 1367
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Last Updated: 29 July 2025
  • Report Covered: Revenue + Volume
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Ajit Bansod is a skilled and research-driven analyst at Towards Automotive, with over 3 years of experience specializing in the intersection of automotive innovation and intelligent communication technologies.

Learn more about Ajit Bansod

Aditi Shivarkar, with 14+ years of experience in automotive market research, specializes in tracking trends across vehicle technologies, mobility solutions, and materials innovation. She delivers accurate, actionable insights that drive excellence in the automotive sector—fueling strategies around electrification, sustainability, and advanced manufacturing.

Learn more about Aditi Shivarkar

FAQ's

The garage equipment market is expected to grow from USD 10.24 billion in 2025 to USD 21.43 billion by 2034, registering a CAGR of 8.45%. This growth is fueled by increasing demand for regular vehicle maintenance, a rise in automotive workshop investments, and technological upgrades in servicing equipment.

Top trends include business expansions to boost equipment manufacturing, collaborations between garage chains and equipment suppliers, and rising vehicle accident rates which are increasing servicing needs. Integration of AI and IoT into garage tools is also revolutionizing diagnostics and operational efficiency.

Asia Pacific leads in revenue due to strong automotive production hubs in India, China, Japan, and South Korea. North America is growing rapidly, driven by EV adoption, emission regulations, and advanced service infrastructure. Both regions are key targets for investment and expansion.

The passenger vehicle segment holds the largest share due to rising car ownership and luxury vehicle servicing. Meanwhile, commercial vehicles are expected to grow significantly owing to increased fleet services and preventive maintenance programs. Among equipment types, lifting equipment dominates, while diagnostic tools are witnessing rapid adoption.

Technological advancements like AI-enabled diagnostics, IoT-based equipment monitoring, and automated service systems are transforming garage operations. Smart tools not only reduce downtime but also improve safety and accuracy, attracting investment from OEMs and third-party service providers alike.

Key drivers include rising vehicle production, growing demand for preventive maintenance, increasing road accident rates, and expansion of EV infrastructure. Additionally, supportive government safety regulations and the emergence of premium garages in urban areas are propelling demand.

Opportunities lie in setting up advanced manufacturing units, developing smart diagnostic tools, and partnering with OEMs and garage chains. There’s also high potential in aftermarket services, EV servicing solutions, and region-specific expansions, especially in Asia and North America.

The market is moderately fragmented with key players like Robert Bosch GmbH, Continental AG, Vehicle Service Group, Gray Manufacturing, and Istobal S.A. leading through innovation and strategic partnerships. Companies are focused on product launches, M&A, and R&D to maintain market relevance.

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