PUBLISHER: The Business Research Company | PRODUCT CODE: 1961594
PUBLISHER: The Business Research Company | PRODUCT CODE: 1961594
Electronic procurement auto parts is a digital platform that allows businesses to source, purchase, and manage automotive components efficiently. It streamlines procurement processes through automated workflows, reducing manual effort and operational delays. The system enhances transparency by providing real-time tracking of orders and expenditures. Its main advantage is improving cost efficiency and procurement speed while maintaining accurate transaction records.
The primary types of electronic procurement (e-Procurement) auto parts include software and services. Software consists of digital platforms and applications that facilitate the sourcing, ordering, and management of auto parts electronically, simplifying procurement processes. Deployment options include on-premises and cloud-based solutions, catering to various organization sizes such as large enterprises and small and medium enterprises. It is used in multiple applications such as original equipment manufacturers (OEMs) and aftermarket, with key end-users including automotive manufacturers, distributors, retailers, repair shops, and others.
Tariffs have influenced the electronic procurement auto parts market by increasing import costs for automotive components and disrupting global supply chains. Segments such as software solutions for supplier management and cloud-based procurement platforms are affected due to higher operational costs. Regions like North America and Europe, which rely on imports from Asia-Pacific manufacturing hubs, are most impacted. However, tariffs have encouraged local sourcing and manufacturing, driving innovation and efficiency in domestic procurement solutions, creating potential cost-saving opportunities.
The electronic procurement (e-procurement) auto parts market research report is one of a series of new reports from The Business Research Company that provides electronic procurement (e-procurement) auto parts market statistics, including electronic procurement (e-procurement) auto parts industry global market size, regional shares, competitors with a electronic procurement (e-procurement) auto parts market share, detailed electronic procurement (e-procurement) auto parts market segments, market trends and opportunities, and any further data you may need to thrive in the electronic procurement (e-procurement) auto parts industry. This electronic procurement (e-procurement) auto parts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electronic procurement (e-procurement) auto parts market size has grown rapidly in recent years. It will grow from $8.5 billion in 2025 to $9.9 billion in 2026 at a compound annual growth rate (CAGR) of 16.4%. The growth in the historic period can be attributed to rising demand for automotive components, manual procurement inefficiencies, fragmented supplier base, increasing vehicle production rates, growing aftermarket services.
The electronic procurement (e-procurement) auto parts market size is expected to see rapid growth in the next few years. It will grow to $17.99 billion in 2030 at a compound annual growth rate (CAGR) of 16.1%. The growth in the forecast period can be attributed to adoption of digital procurement platforms, integration of ai and analytics in procurement, expansion of connected supply chains, increasing focus on sustainability in sourcing, rise of electric and hybrid vehicles. Major trends in the forecast period include automated procurement workflows, real-time order tracking, cost optimization in procurement, supplier transparency and accountability, integration of legacy systems.
Rising vehicle maintenance and repair costs are expected to drive the growth of the electronic procurement (e-Procurement) auto parts market. Maintenance and repair costs include the expenses needed to keep a vehicle functioning and to fix mechanical or technical issues. These costs are increasing mainly due to higher automotive part prices, which directly raise overall servicing and repair expenses. Electronic procurement simplifies sourcing spare parts and maintenance services by reducing manual errors and delays, allowing for cost comparison and bulk purchasing, which helps lower total repair and maintenance costs. For example, according to the Federal Reserve Bank of St. Louis (FRED), the consumer price index (CPI) for motor vehicle maintenance and repair in US cities rose from 371.780 in January 2023 to 392.897 in December 2023, marking a 5.68% increase. Thus, rising vehicle maintenance and repair costs are propelling growth in the e-Procurement auto parts market.
Key companies in the electronic procurement (e-Procurement) auto parts market are focusing on forming strategic partnerships to improve supply chain efficiency and expand market reach. Strategic partnerships are cooperative alliances between companies to achieve shared business goals by pooling resources, technology, or market access for mutual benefit and stronger competitiveness. For instance, in February 2025, Daimler Truck, a commercial vehicle manufacturer based in Germany, teamed up with Spryker, a German composable commerce technology provider, and Valantic, a German implementation partner, to launch a business-to-business digital marketplace. This platform features geographic mapping to prioritize sourcing from preferred dealers, round-the-clock ordering via the My PartsHub platform, detailed product descriptions and ordering options, integration with Daimler's existing systems, and an inventory of approximately 100,000 parts including powertrains, chassis components, safety electronics, and media systems. Initially launched in the United Kingdom, the platform has expanded to markets such as South Africa and Australia.
In February 2025, OEConnection LLC, a US-based automotive parts technology company, acquired PartsTech, Inc. for an undisclosed sum. Through this acquisition, OEConnection aims to strengthen its mechanical repair procurement capabilities by integrating PartsTech's marketplace into its platform suite. PartsTech offers repair shops access to search, compare, and order from over 225 parts and tire suppliers across more than 30,000 locations, providing buyers with real-time availability and pricing, streamlined ordering, improved fill rates, and faster quote-to-order processing. PartsTech is a US-based business-to-business auto parts and tire e-procurement marketplace company.
Major companies operating in the electronic procurement (e-procurement) auto parts market are Zycus Inc., TecAlliance GmbH, Autologue Computer Systems Pvt. Ltd., ShowMeTheParts LLC, RevolutionParts Inc., WebShop Manager Ltd., SAP SE, Oracle Corporation, Coupa Software Inc., Jaggaer, SynerTrade, GEP Worldwide, Infor, Proactis, Rosslyn Data Technologies, Levelpath, Ivalua, Lasso Procurement, ProcureClix, eTender, Sourcing Force, Infizo Procure, PartSpace AI
Asia-Pacific was the largest region in the electronic procurement (e-Procurement) auto parts market in 2025. The regions covered in the electronic procurement (e-procurement) auto parts market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the electronic procurement (e-procurement) auto parts market report are Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
The electronic procurement (e-Procurement) auto parts market includes revenues earned by entities by providing services such as supplier management, purchase requisition and approval, e-tendering and e-bidding, purchase order and contract management, and invoice and payment processing. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electronic Procurement (e-Procurement) Auto Parts Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses electronic procurement (e-procurement) auto parts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for electronic procurement (e-procurement) auto parts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electronic procurement (e-procurement) auto parts market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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