PUBLISHER: Market Research Future | PRODUCT CODE: 1702326
PUBLISHER: Market Research Future | PRODUCT CODE: 1702326
Global E-Commerce Automotive Aftermarket Market Research Report By Product Category (Auto Parts & Accessories, Tires, Batteries, Lubricants Chemicals), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Distribution Channel (Online Marketplaces, Direct-to-Consumer Websites, Retail Stores, Wholesalers/Distributors), By Application (Maintenance Repair, Performance Enhancement, Accessories), By Aftermarket Products (Original Equipment Manufacturer (OEM), Aftermarket Brands, Reused Parts) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) Forecast to 2032
The E-Commerce Automotive Aftermarket Market is anticipated to develop at a CAGR (growth rate) of approximately 13.1% between 2024 and 2032, according to MRFR analysis.
The growing popularity of online purchasing, the growing need for efficiency and convenience, and the expanding availability of internet access are some of the reasons propelling the e-commerce automotive aftermarket industry. The industry is also expanding because of the competitive pricing provided by e-commerce platforms and the extensive selection of automotive parts and accessories that are available online. The inclination for online purchasing is the primary driver of the e-commerce automotive aftermarket business. Since ordering automobile parts and accessories online is simpler and offers a greater selection of products, many customers these days prefer to do so. At the same time, you may look at other people's reviews and compare costs.
Perspectives on Market Segments
Engine Parts, Breaks, Suspension and Steering, Tires, Wheels, Lights and Bulbs, Batteries, Filters, Fluids, Intake and Exhaust Systems, Electronics, Interior Accessories, Exterior Accessories, Coating, Sealants, and Others are the several categories into which the e-commerce automotive aftermarket business has been divided.
The market has been divided into Genuine Parts, OEM Parts, and Aftermarket Parts based on category.
The e-commerce automotive aftermarket market has been divided into three segments based on vehicle type: passenger cars, commercial vehicles, motorcycles, and off-highway vehicles.
The e-commerce automotive aftermarket market has been divided into two segments based on vehicle propulsion: electric vehicles and internal combustion engines.
The e-commerce automotive aftermarket market has been divided into B2B and B2C segments based on channel.
Regional Perspectives
The automobile sector in North America is well-established, and more and more customers are buying car parts and accessories online. The existence of significant e-commerce companies like Amazon and eBay has also aided in this market's expansion.
Customers are become increasingly accustomed to making purchases online, and Europe boasts a substantial automobile aftermarket sector. Growth in this market is also anticipated to be fueled by government policies and programs that support e-commerce, such as the European Union's Digital Single Market policy.
With a 32.33% market share in 2023, the Asia-Pacific segment led the industry. Due to the growing use of e-commerce in developing nations like China and India, the Asia-Pacific area is anticipated to experience substantial growth in the years to come.
Other significant locations for the e-commerce automotive aftermarket market are South America and the Middle East and Africa (MEA). The need for auto parts and accessories is rising in these areas, and online shopping is becoming a more and more common way to buy these goods.
NAPA Auto, Parts, O'Reilly Auto Parts, Advance Auto Parts, com, Pep Boys, Summit Racing Equipment, Amazon, AutoAnything, ECS Tuning, McGard, AutoZone, RockAuto, and Jegs are some of the major players in the e-commerce automotive aftermarket business.
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