Dublin, June 13, 2025 (GLOBE NEWSWIRE) -- The "Auto Parts Inventory Management Software Market 2025-2034" has been added to ResearchAndMarkets.com's offering.
The global auto parts inventory management software market is set to experience significant growth, valued at USD 9 billion in 2025 and projected to expand at a CAGR of 12.9% to reach USD 26.9 billion by 2034. These digital solutions are crucial for dealerships, retailers, and repair shops, providing functionalities like stock optimization, waste reduction, automated reordering, and improved supply chain profitability.
Throughout 2024, advancements in cloud-based platforms were notable, integrating real-time part availability, dynamic pricing updates, and comprehensive supplier catalogs. Mobile applications enhanced operational efficiency with capabilities such as barcode scanning and parts lookup, while AI-driven demand forecasting addressed issues like overstocking and shortages for high-demand components.
Looking towards 2025, software platforms are expected to offer enhanced automation features, such as AI-based procurement and integrating with diagnostic systems for predictive parts ordering. Databases specific to electric and hybrid vehicle parts are anticipated to further support supply chain logistics, despite challenges from legacy systems, data silos, and the fragmented nature of smaller workshops.
Market Analytics
The market analysis covers direct and indirect factors affecting supply and demand, with meticulous evaluation of the entire supply chain and potential alternatives. Analytical tools, such as Porter's Five Forces model, geopolitical and demographic considerations, provide strategic insights into market developments and future projections.
Recent market developments, including geopolitical events and trade policies, have been analyzed for their impacts. Key market metrics also explore trade dynamics, pricing trends, and potential distribution channels, equipping stakeholders with the necessary data for strategic decision-making and future partnerships.
Competitive Intelligence
The competitive landscape is thoroughly analyzed, profiling key players with insights into their financials, strategies, and market positioning. Noteworthy updates like product launches, mergers, and partnerships are considered to help businesses remain competitive.
Key Insights into the Market
- Real-time inventory data syncing with sales and service platforms.
- AI-driven tools for procurement and demand forecasting.
- Proactive parts ordering through vehicle diagnostics integration.
- Introduction of databases for electric and hybrid vehicles.
- Challenges in smaller workshops due to fragmented data.
Market Segmentation
By Type: Software
By Application:
- Vehicle Dealerships
- Fleet Management
- Tire Distributors
- Car Rental Companies
- E-commerce Platform
By End-Users:
- Automotive Aftermarket
- Original Equipment Manufacturers (OEMs)
By Geography:
- North America
- Europe
- Asia-Pacific
- The Middle East and Africa
- South and Central America
Takeaways From the Report
- Forecasted market size and CAGR to 2034.
- Assessment of geopolitical and economic influences on supply and demand.
- In-depth market evaluations by regions and applications.
- Porter's Five Forces analysis and technology impact.
- Competitive profiles of leading companies and their strategic initiatives.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 150 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value (USD) in 2025 | $9 Billion |
| Forecasted Market Value (USD) by 2034 | $26.9 Billion |
| Compound Annual Growth Rate | 12.9% |
| Regions Covered | Global |
Companies Featured
- SAP SE
- Infor Inc.
- Epicor Software Corporation
- Hubworks LLC
- Windward Software
- Carrus Technologies Inc
- Wasp Barcode Technologies
- Motility Software Solutions LLC
- Fuse5 Automotive Software
- ADS Solutions Corp
- Fishbowl
- System Nexgen
- Acumatica Inc.
- Rarestep Inc
- Alterity Inc
- AutoPower Corporation
- Finale Inventory
- FleetSoft LLC
- Amador of America Inc
- Eagle Business Accounting Software
- MAM Software Group Inc
- Sortly Inc
- RazorERP
- Checkmate by Car-Part
For more information about this report visit https://www.researchandmarkets.com/r/cxvlrs
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