Electronic Procurement (e-Procurement) Auto Parts Global Market Report 2025

The electronic procurement (e-Procurement) auto parts market size has grown rapidly in recent years. It will grow from $7.29 billion in 2024 to $8.5 billion in 2025 at a compound annual growth rate (CAGR) of 16.6%. The growth during the historic period can be attributed to the increasing average age of vehicles, expansion of independent repair networks, rise in miles driven, growth in used vehicle transactions, expansion of light commercial vehicle fleets, and dealer service retention efforts.

The electronic procurement (e-Procurement) auto parts market size is expected to see rapid growth in the next few years. It will grow to $15.5 billion in 2029 at a compound annual growth rate (CAGR) of 16.2%. The growth in the forecast period can be attributed to the acceleration of aging vehicle fleets, expansion of ride-hailing and delivery fleets, longer vehicle ownership durations, growth of the do-it-for-me service model, and wider catalog coverage through distributor consolidation. Key trends during the forecast period include modernization of electronic data interchange for order flows, automation of invoices and packing slips using optical character recognition, demand forecasting based on artificial intelligence and machine learning, radio frequency identification-enabled warehouse and last mile tracking, and computer vision-assisted parts identification and fitment verification.

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 371.78 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 players in the electronic procurement (e-procurement) auto parts market are Robert Bosch GmbH, DENSO Corporation, ZF Friedrichshafen AG, Hyundai Mobis Company Limited, Continental AG, Magna International Inc., Aisin Seiki Co. Ltd., Valeo SE, Lear Corporation, Faurecia SE, Schaeffler AG, Mando Corporation, Hitachi Astemo Ltd., Zycus Inc., TireHub LLC, TecAlliance GmbH, Autologue Computer Systems Pvt. Ltd., ShowMeTheParts LLC, RevolutionParts Inc., and WebShop Manager Ltd.

Asia-Pacific was the largest region in the electronic procurement (e-Procurement) auto parts market in 2024. The regions covered in electronic procurement (e-Procurement) auto parts report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the retail and wholesale sector, particularly in sourcing, inventory management, and pricing strategies. Higher duties on imported consumer goods including electronics, apparel, furniture, and packaged foods have raised procurement costs for retailers and wholesalers, compelling many to either increase prices for end consumers or absorb losses. Small and mid-sized businesses with limited pricing power are especially vulnerable, often facing squeezed margins and reduced competitiveness. Inventory cycles are also disrupted as firms grapple with delays and uncertainty in international supply chains. Additionally, retaliatory tariffs in foreign markets have curtailed export opportunities for U.S. brands, limiting revenue growth. In response, companies are shifting toward domestic and regional suppliers, investing in supply chain resilience, and adopting data-driven demand forecasting to navigate cost volatility and maintain customer satisfaction.

The electronic procurement (e-procurement) auto parts market research report is one of a series of new reports 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 an 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. The 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 scenarios of the industry.

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.

The countries covered in the electronic procurement (e-Procurement) auto parts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, 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.

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