Garage Equipment Market - Statistics & Insights

Garage Equipment overview

Rising demand for efficient automotive maintenance solutions is driving the expansion of the global garage equipment market, which was valued at approximately USD 8.87 billion in 2024 and is projected to reach USD 12.33 billion by 2032, registering a CAGR of 4.2%. Growth is fueled by increasing vehicle ownership, automotive aftermarket services, and the electrification of vehicles. North America continues to dominate with advanced workshop infrastructure and stringent emission standards, while Asia-Pacific demonstrates rapid growth due to burgeoning EV adoption, industrialization, and rising automotive service demand. Meanwhile, Europe and Middle East & Africa are embracing smart workshop solutions, predictive maintenance, and digital diagnostics to enhance operational efficiency.

Published by MMR Statistics Research Team, Updated

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