The North America e-commerce automotive aftermarket market is expected to reach US$ 57,150.46 million by 2028 from US$ 20,695.13 million in 2022; it is estimated to grow at a CAGR of 18.4% from 2022 to 2028.
The significance of control over sales channels and transaction pricing has increased dramatically for automakers, based on observations in other industries, such as fashion and fast-moving consumer goods (FMCG). The automotive aftermarket industry's B2C segment accounts for the majority of purchases completed on e-commerce platforms. The B2C segment controls ~85-90% of the e-commerce industry. Owing to the increased customer knowledge of periodic maintenance, convenience, and extra services, the B2C sector significantly contributed to the North America e-commerce automotive aftermarket market. Also, simple payment choices, large savings on bulk purchases, and doorstep delivery of heavy components can reduce logistical expenses over alternatives such as the B2B. Consumer awareness related to these benefits boost the market for the B2C segment. Consumer buying habits are shifting from traditional brick-and-mortar stores to online platforms, accelerating the growth of the market.
The key companies operating in The North America E-commerce Automotive Aftermarket Market are Alibaba Group Holding Limited; Amazon.com, Inc.; AutoZone, Inc.; eBay Inc.; LKQ Corporation; The Pep Boys; CarParts.com, Inc; and Denso Corporation. Several companies are functioning in the market and contributing substantial revenues toward The North America e-commerce automotive aftermarket market growth.
The significance of control over sales channels and transaction pricing has increased dramatically for automakers, based on observations in other industries, such as fashion and fast-moving consumer goods (FMCG). The automotive aftermarket industry's B2C segment accounts for the majority of purchases completed on e-commerce platforms. The B2C segment controls ~85-90% of the e-commerce industry. Owing to the increased customer knowledge of periodic maintenance, convenience, and extra services, the B2C sector significantly contributed to the North America e-commerce automotive aftermarket market. Also, simple payment choices, large savings on bulk purchases, and doorstep delivery of heavy components can reduce logistical expenses over alternatives such as the B2B. Consumer awareness related to these benefits boost the market for the B2C segment. Consumer buying habits are shifting from traditional brick-and-mortar stores to online platforms, accelerating the growth of the market.
North America E-Commerce Automotive Aftermarket Market Segmentation
The North America e-commerce automotive aftermarket market is segmented into product type, consumer type, and country.- Based on product type, the market is segmented into braking, steering & suspension, hub assemblies, universal joints, gaskets, filters, spark plug, and others. The others segment led the North America solar inverters market with the largest market share in 2022. The braking segment is further sub segmented into brake pads, hydraulics & hardware, and rotor & drum. The steering & suspension segment is further sub segmented into ball joints, tie rods, sway bar links, bearings/seals, and others.
The key companies operating in The North America E-commerce Automotive Aftermarket Market are Alibaba Group Holding Limited; Amazon.com, Inc.; AutoZone, Inc.; eBay Inc.; LKQ Corporation; The Pep Boys; CarParts.com, Inc; and Denso Corporation. Several companies are functioning in the market and contributing substantial revenues toward The North America e-commerce automotive aftermarket market growth.
Table of Contents
1. Introduction
3. Research Methodology
4. North America E-commerce Automotive Aftermarket Market Landscape
5. North America E-commerce Automotive Aftermarket Market - Key Market Dynamics
6. North America E-commerce Automotive Aftermarket -Market Analysis
7. North America E-commerce Automotive Aftermarket Market Analysis - By Product Type
8. North America E-commerce Automotive Aftermarket Market Analysis - By Consumer Type
9. North America E-commerce Automotive Aftermarket Market - Country Analysis
10. Industry Landscape
11. Company Profile
12. Appendix
Companies Mentioned
- Alibaba Group Holding Limited.
- Amazon.com, Inc.
- AutoZone,Inc.
- eBay, Inc.
- LKQ Corporation.
- The Pep Boys.
- Carparts.com.
- Denso Corporation.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 128 |
| Published | September 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 20695.13 Million |
| Forecasted Market Value ( USD | $ 57150.46 Million |
| Compound Annual Growth Rate | 18.4% |
| Regions Covered | North America |
| No. of Companies Mentioned | 8 |
