E-commerce platforms are offering higher convenience than brick-and-mortar aftermarket stores by providing a wider range of products than physical stores. E-tailing platforms are also offering greater convenience on transactions with speedy delivery, as per the preference of customers, owing to which, they are being preferred over brick-and-mortar stores. Numerous e-tailers such as Alibaba Group Holding Ltd., Amazon.com Inc., and Wal-Mart Stores Inc. are also selling automobile components to offer easy access to such products. Moreover, the discounts offered by such e-commerce companies are also encouraging vehicle owners to purchase automotive aftermarket components from them.
Additionally, the increasing number of do-it-yourself (DIY) customers will also help the e-commerce in automotive aftermarket to advance at 23.3% CAGR during the forecast years (2020–2030). The market revenue stood at $38.2 billion in 2019 and it is projected to reach $292.6 billion by 2030. The soaring popularity of DIY culture is encouraging automobile customers and enthusiasts to upgrade their vehicles themselves. Even though service and maintenance centers and mechanics have been the primary customers of automotive aftermarket components traditionally, the rising popularity of the DIY culture has made DIY enthusiasts the major customers of these products recently.
According to P&S Intelligence, Asia-Pacific (APAC) accounted for the largest share in the e-commerce in automotive aftermarket during the historical period, and it is expected to maintain its dominance throughout the forecast. Additionally, the region is also projected to demonstrate the fastest growth in the forecast years. This can be primarily credited to the extensive automobile sales developing countries of APAC such as India and China. Moreover, the rising gross domestic product (GDP) and disposable income of people in China and India will also augment market growth in the region in the upcoming years.
Thus, the escalating popularity of DIY culture and increasing shift of traditional retailers toward click-&-mortar retailing will encourage vehicle owners to purchase automotive aftermarket components from e-commerce platforms in the coming years.
E-commerce automotive aftermarket is an online platform for selling auto parts to the customers and service professionals.
In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market.
E-commerce Automotive Aftermarket Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).Request a Sample of this Research Study at https://www.radiantinsights.com/research/global-e-commerce-automotive-aftermarket-market-research-report-2020-2024/request-sampleThe report firstly introduced the E-commerce Automotive Aftermarket basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on.
Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc.
In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.The major players profiled in this report include:Advance Auto PartsAmazon Inc.National Automotive Parts AssociationPep BoysEBay Inc.CdiscountERA SPAThe end users/applications and product categories analysis:On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-ProductServiceOn the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of E-commerce Automotive Aftermarket for each application, including-Interior accessoriesExterior accessoriesPerformance partsWheels & tiresTools & garageView Full Report with TOC @ https://www.radiantinsights.com/research/global-e-commerce-automotive-aftermarket-market-research-report-2020-2024About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.
November 22, 2018: In 2017, the global E-commerce Automotive market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.This report focuses on the global E-commerce Automotive status, future forecast, growth opportunity, key market and key players.
The study objectives are to present the E-commerce Automotive development in United States, Europe and China.The key players covered in this studyAmazon.com, Inc.Alibaba GroupU.S.
Auto Parts Network, Inc.Download sample Copy of This Report at: https://www.radiantinsights.com/research/global-e-commerce-automotive-market-size-status-and-forecast-2018-2025/request-sampleAuto Zone, IncPep BoysAmerican Tire Distributors Holdings, Inc.National Automotive Parts AssociationTire RackAdvance Auto PartsDenso CorporationEBay Inc.View summary of this report @ https://www.radiantinsights.com/research/global-e-commerce-automotive-market-size-status-and-forecast-2018-2025Market segment by Type, the product can be split intoB2CB2BMarket segment by Application, split intoInterior AccessoriesExterior AccessoriesPerformance PartsWheels and TiresTools and GarageAuto Body PartsOil,Coolants and FluidsMarket segment by Regions/Countries, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaCentral & South AmericaThe study objectives of this report are:To analyze global E-commerce Automotive status, future forecast, growth opportunity, key market and key players.To present the E-commerce Automotive development in United States, Europe and China.To strategically profile the key players and comprehensively analyze their development plan and strategies.To define, describe and forecast the market by product type, market and key regions.In this study, the years considered to estimate the market size of E-commerce Automotive are as follows:History Year: 2013-2017Base Year: 2017Estimated Year: 2018Forecast Year 2018 to 2025For the data information by region, company, type and application, 2017 is considered as the base year.
Whenever data information was unavailable for the base year, the prior year has been considered.About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process.
We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets.
