Revenue triangulation and equipment unit shipment analysis were implemented to determine the global market valuation. The methodology comprised the following:
Snap-on, Bosch, Hunter Engineering, Hofmann, Mahle Service Solutions, Rotary Lift, Nussbaum, and Cemb are among the 50+ main manufacturers identified in North America, Europe, Asia-Pacific, and Latin America
Product mapping encompasses a variety of equipment, including hydraulic lifts, scissor lifts, two-post/four-post systems, wheel and tire service equipment (balancers, aligners, changers), vehicle diagnostic and testing equipment (OBD scanners, emission analyzers, ADAS calibration), body shop equipment (frame straighteners, paint booths), and washing equipment (automated systems, pressure washers).
Analysis of garage equipment portfolios' reported revenues and modeled annual sales, including standalone equipment sales, integrated service contracts, and software-enabled diagnostic subscriptions
Coverage of manufacturers representing 72-76% of global market share in 2024
Segment-specific valuations across OEM dealership, franchised garage, and independent garage channels are derived through extrapolation using bottom-up (equipment unit volume × average selling price by country/region, weighted by garage type penetration) and top-down (manufacturer revenue validation against dealer distributor markups) approaches.