About Electronic Parts Catalog Software
Electronic parts catalog software for spare parts and replacement parts from Systems Online provides a variety of options to meet individual needs. Ranging from cloud-based SaaS parts catalog solutions, manufacturer-hosted electronic parts catalogs, and parts catalogs distributed on electronic media. Electronic parts catalog software solutions are all developed using a common core, different hosting and delivery media may limit some features due to technology differences and limitations. Each electronic parts catalog software solution is designed to increase aftermarket replacement parts sales, streamline processes and reduce associated replacement parts sales costs. Electronic parts catalog software solutions strengthen the manufacturer, distributor, dealer, and end consumer relationships while reducing equipment downtime and ensuring the correct replacement and spare parts are ordered every time.
Attributes | Details |
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Study Period | 2018-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Electronic Parts Catalog Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fishbowl Inventory (United States), Cin7 (New Zealand), Agiliron (United States), NetSuite Inc. (United States), Zangerine (United States), Pomodo (United States), Lead Commerce (United States), TradeGecko (Singapore), Systum Inc. (United States), Odoo SA (Belgium) and Finale Inventory (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Blendzi (United States), SalesPad (United States), FlowTrac (United States), Chondrion (United States), Infoplus (United States) and AMICS (United States).
Segmentation Overview
AMA Research has segmented the market of Global Electronic Parts Catalog Software market by , Application (Large enterprises and Small and medium-sized enterprises (SMEs)) and Region.
On the basis of geography, the market of Electronic Parts Catalog Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud-Based will boost the Electronic Parts Catalog Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Small & Medium Enterprises (SMEs) will boost the Electronic Parts Catalog Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Mac will boost the Electronic Parts Catalog Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Electronics manufacturing will boost the Electronic Parts Catalog Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pricing Type, the sub-segment i.e. Monthly Subscription will boost the Electronic Parts Catalog Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Adoption of Cutting Edge Technology like AI, Machine Learning
Market Growth Drivers:
Dynamic Business Environment Coupled with Increased Salient Features Competition and Increasing Demand for Electronic Parts in Varios Industry
Challenges:
Lack of Skilled Working Professionals
Restraints:
Intense Competition among the Competitors
Opportunities:
Rising Demand for Electronic Parts Catalog Software from Manufacturers and Distributers across the Globe
Market Leaders and their expansionary development strategies
In September 2023, Octopart partnered with Mouser Electronics to provide real-time pricing and availability data within its EPCS platform, helping engineers make informed sourcing decisions.
In November 2023, IHS Markit introduced its cloud-based EPCS platform, enabling secure access to component data from anywhere and facilitating collaboration among design teams.
Key Target Audience
Electronic Parts Catalog Software Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.