Market Overview:
The global auto parts inventory management software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based auto parts inventory management software and the growing trend of e-commerce in the automotive industry. On-premise auto parts inventory management software held a major share of the global market in 2017 and is expected to continue its dominance during the forecast period. However, cloud-based auto parts inventory management software is projected to grow at a higher CAGR than on-premise software due to its advantages such as scalability, flexibility, and lower total cost of ownership (TCO). The application segment for automotive aftermarket includes businesses such as car reconditioning businesses, vehicle dealerships, fleet management companies, tire distributors, car rental companies, and ecommerce platforms. Car reconditioning businesses are expected to hold a major share of this segment during the forecast period owing to increased demand for refurbished vehicles globally.
Product Definition:
Auto Parts Inventory Management Software is a computer software application that helps businesses track the inventory of auto parts and accessories. The importance of Auto Parts Inventory Management Software is that it helps businesses keep track of what items they have in stock, how much stock they have, and where to find specific items. This information can help businesses make better decisions about what products to carry in their stores and when to place orders for new inventory.
On-premise:
On-premise software is a type of inventory management software that is installed and used on the end user's computers or servers. The end-users can be any business such as automobile parts retailers, wholesalers, or repair shops. On-premise inventory management systems are used to track products throughout their lifecycle from raw materials to finished goods and back again.
Cloud-based:
Cloud-based software is a type of software system that allows users to access data or programs remotely using an internet connection. The data or programs can be accessed from any location in the world. This technology has been witnessing high demand in various industries such as BFSI, healthcare, and government owing to its cost effectiveness and time efficiency benefits over traditional on-premise solutions. Cloud computing offers shared resources, networked computers, virtualization technology for efficient management of business information etc.
Application Insights:
The auto reconditioning businesses segment dominated the global auto parts inventory management software market in 2017. This is attributed to the fact that these businesses refurbish or restore used cars and trucks so as to resell them. The vehicle dealerships segment is also expected to witness significant growth over the forecast period owing to several advantages offered by this solution, such as real-time visibility of parts availability and improved inventory control processes. Furthermore, it helps reduce excess stock levels thereby driving down costs associated with storage facilities and reducing wastage due to unsold products.
The e-commerce platform application segment is anticipated gain traction over the forecast period owing its ability supply reliable information regarding part availability at a specific time of day or on a specific date along with other related details such as order ID, quantity ordered, delivery address etc., which further enhances customer satisfaction leading them back for repeat purchases thus driving down overall operational costs resulting in higher profit margins for both suppliers & resellers across all regions globally.
Regional Analysis:
The North American region dominated the global market in 2017. The growth can be attributed to the presence of prominent players such as Continental AG, ZEISS International, and Robert Bosch GmbH & Co. KG in this region. Furthermore, increasing demand for electric vehicles is expected to drive the regional market further. According to a recent study by IEA, EV sales are anticipated to increase by more than 50% between 2016 and 2018 globally with an average annual growth rate of 17%.
Asia Pacific is projected to emerge as one of the fastest-growing regions during the forecast period owing high investments made by prominent players such as Continental AG.
Growth Factors:
- Increasing demand for automobiles
- Growing number of vehicle owners and operators
- Proliferation of auto part retailers and distributors
- Technological advancements in inventory management software 5. Rising awareness about the benefits of using such software
Scope Of The Report
Report Attributes
Report Details
Report Title
Auto Parts Inventory Management Software Market Research Report
By Type
On-premise, Cloud-based
By Application
Auto Reconditioning Businesses, Vehicle Dealerships, Fleet Management, Tire Distributors, Car Rental Companies, E-commerce Platform
By Companies
AutoFluent, Fishbowl, Finale Inventory, Alterity, Inc, MAM Software Group, Inc., Sortly Inc., RazorERP, Fuse5 Automotive Software, ADS Solutions® Corp, Hubworks, Microbase, Amador of America, Inc., Wasp Barcode Technologies, Quality Software Development, Rarestep, Inc., Windward Software, AutoPower Corporation, Eagle Business Accounting Software, Software Gurus, FleetSoft LLC, GSTpad, Moiboo, System Nexgen, San Software Coimbatore, Carrus Technologies Inc., NAPA TRACS, Motility Software Solutions, LLC, CMS Solutions Software Pack
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Auto Parts Inventory Management Software Market Report Segments:
The global Auto Parts Inventory Management Software market is segmented on the basis of:
Types
On-premise, Cloud-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Auto Reconditioning Businesses, Vehicle Dealerships, Fleet Management, Tire Distributors, Car Rental Companies, E-commerce Platform
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AutoFluent
- Fishbowl
- Finale Inventory
- Alterity, Inc
- MAM Software Group, Inc.
- Sortly Inc.
- RazorERP
- Fuse5 Automotive Software
- ADS Solutions® Corp
- Hubworks
- Microbase
- Amador of America, Inc.
- Wasp Barcode Technologies
- Quality Software Development
- Rarestep, Inc.
- Windward Software
- AutoPower Corporation
- Eagle Business Accounting Software
- Software Gurus
- FleetSoft LLC
- GSTpad
- Moiboo
- System Nexgen
- San Software Coimbatore
- Carrus Technologies Inc.
- NAPA TRACS
- Motility Software Solutions, LLC
- CMS Solutions Software Pack
Highlights of The Auto Parts Inventory Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premise
- Cloud-based
- By Application:
- Auto Reconditioning Businesses
- Vehicle Dealerships
- Fleet Management
- Tire Distributors
- Car Rental Companies
- E-commerce Platform
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Auto Parts Inventory Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Auto Parts Inventory Management Software is a software application that helps businesses manage their inventory. It allows businesses to track and manage the inventory of parts, components, and accessories for vehicles. Auto Parts Inventory Management Software also provides business users with reports on their inventory levels, as well as recommendations on how to improve their stock management practices.
Some of the key players operating in the auto parts inventory management software market are AutoFluent, Fishbowl, Finale Inventory, Alterity, Inc, MAM Software Group, Inc., Sortly Inc., RazorERP, Fuse5 Automotive Software, ADS Solutions® Corp, Hubworks, Microbase, Amador of America, Inc., Wasp Barcode Technologies, Quality Software Development, Rarestep, Inc., Windward Software, AutoPower Corporation, Eagle Business Accounting Software, Software Gurus, FleetSoft LLC, GSTpad, Moiboo, System Nexgen, San Software Coimbatore, Carrus Technologies Inc., NAPA TRACS, Motility Software Solutions, LLC, CMS Solutions Software Pack.
The auto parts inventory management software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Auto Parts Inventory Management Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Auto Parts Inventory Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Auto Parts Inventory Management Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Auto Parts Inventory Management Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Auto Parts Inventory Management Software Market Size & Forecast, 2018-2028
4.5.1 Auto Parts Inventory Management Software Market Size and Y-o-Y Growth
4.5.2 Auto Parts Inventory Management Software Market Absolute $ Opportunity
Chapter 5 Global Auto Parts Inventory Management Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Auto Parts Inventory Management Software Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Auto Parts Inventory Management Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Auto Parts Inventory Management Software Market Size Forecast by Applications
6.2.1 Auto Reconditioning Businesses
6.2.2 Vehicle Dealerships
6.2.3 Fleet Management
6.2.4 Tire Distributors
6.2.5 Car Rental Companies
6.2.6 E-commerce Platform
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Auto Parts Inventory Management Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Auto Parts Inventory Management Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Auto Parts Inventory Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Auto Parts Inventory Management Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Auto Parts Inventory Management Software Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Auto Parts Inventory Management Software Market Size Forecast by Applications
9.10.1 Auto Reconditioning Businesses
9.10.2 Vehicle Dealerships
9.10.3 Fleet Management
9.10.4 Tire Distributors
9.10.5 Car Rental Companies
9.10.6 E-commerce Platform
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Auto Parts Inventory Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Auto Parts Inventory Management Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Auto Parts Inventory Management Software Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Auto Parts Inventory Management Software Market Size Forecast by Applications
10.10.1 Auto Reconditioning Businesses
10.10.2 Vehicle Dealerships
10.10.3 Fleet Management
10.10.4 Tire Distributors
10.10.5 Car Rental Companies
10.10.6 E-commerce Platform
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Auto Parts Inventory Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Auto Parts Inventory Management Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Auto Parts Inventory Management Software Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Auto Parts Inventory Management Software Market Size Forecast by Applications
11.10.1 Auto Reconditioning Businesses
11.10.2 Vehicle Dealerships
11.10.3 Fleet Management
11.10.4 Tire Distributors
11.10.5 Car Rental Companies
11.10.6 E-commerce Platform
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Auto Parts Inventory Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Auto Parts Inventory Management Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Auto Parts Inventory Management Software Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Auto Parts Inventory Management Software Market Size Forecast by Applications
12.10.1 Auto Reconditioning Businesses
12.10.2 Vehicle Dealerships
12.10.3 Fleet Management
12.10.4 Tire Distributors
12.10.5 Car Rental Companies
12.10.6 E-commerce Platform
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Auto Parts Inventory Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Auto Parts Inventory Management Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Auto Parts Inventory Management Software Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Auto Parts Inventory Management Software Market Size Forecast by Applications
13.10.1 Auto Reconditioning Businesses
13.10.2 Vehicle Dealerships
13.10.3 Fleet Management
13.10.4 Tire Distributors
13.10.5 Car Rental Companies
13.10.6 E-commerce Platform
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Auto Parts Inventory Management Software Market: Competitive Dashboard
14.2 Global Auto Parts Inventory Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AutoFluent
14.3.2 Fishbowl
14.3.3 Finale Inventory
14.3.4 Alterity, Inc
14.3.5 MAM Software Group, Inc.
14.3.6 Sortly Inc.
14.3.7 RazorERP
14.3.8 Fuse5 Automotive Software
14.3.9 ADS Solutions® Corp
14.3.10 Hubworks
14.3.11 Microbase
14.3.12 Amador of America, Inc.
14.3.13 Wasp Barcode Technologies
14.3.14 Quality Software Development
14.3.15 Rarestep, Inc.
14.3.16 Windward Software
14.3.17 AutoPower Corporation
14.3.18 Eagle Business Accounting Software
14.3.19 Software Gurus
14.3.20 FleetSoft LLC
14.3.21 GSTpad
14.3.22 Moiboo
14.3.23 System Nexgen
14.3.24 San Software Coimbatore
14.3.25 Carrus Technologies Inc.
14.3.26 NAPA TRACS
14.3.27 Motility Software Solutions, LLC
14.3.28 CMS Solutions Software Pack
