Analysis – by Product Type [Braking (Brake Pads, Hydraulics and Hardware, and Rotor and Drum), Steering & Suspension (Ball Joints, Tie Rods, Sway Bar Links, Bearings/Seals, and Others), Hub Assemblies, Universal Joints, Gaskets, Filters, Spark Plug, and Others], and Consumer Type (B2B and B2C)
No. of Pages:128
Report Code:
BMIRE00026330
Category:
Automotive and Transportation
North America E-Commerce Automotive Aftermarket Market
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.
North America E-Commerce Automotive Aftermarket Market Revenue and Forecast to 2028 (US$ Million)
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. Based on consumer type, the market is bifurcated into B2B and B2C. The B2C segment led the North America e-commerce automotive aftermarket with a larger market share in 2022. By country, the North America e-commerce automotive aftermarket market is segmented into the US, Canada, and Mexico. The US segment led the North America e-commerce automotive aftermarket market with the largest market share in 2022.
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.
North America E-Commerce Automotive Aftermarket Market Strategic Insights
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North America E-Commerce Automotive Aftermarket Market Segmentation Analysis
North America E-Commerce Automotive Aftermarket Market Report Highlights
North America E-Commerce Automotive Aftermarket Report Scope
Report Attribute
Details
Market size in 2022
US$ 20,695.13 Million
Market Size by 2028
US$ 57,150.46 Million
CAGR (2022 - 2028)
18.4%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Product Type
Braking
Steering and Suspension
Hub Assemblies
Universal Joints
Gaskets
Filters
Spark Plug
By Consumer Type
B2B and B2C
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
Alibaba Group Holding Limited.
Amazon.com, Inc.
AutoZone,Inc.
eBay, Inc.
LKQ Corporation.
The Pep Boys.
Carparts.com.
Denso Corporation.
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North America E-Commerce Automotive Aftermarket Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - North America E-Commerce Automotive Aftermarket Market
Alibaba Group Holding Limited.
Amazon.com, Inc.
AutoZone,Inc.
eBay, Inc.
LKQ Corporation.
The Pep Boys.
Carparts.com.
Denso Corporation.
Frequently Asked Questions
How big is the North America E-Commerce Automotive Aftermarket Market?
The North America E-Commerce Automotive Aftermarket Market is valued at US$ 20,695.13 Million in 2022, it is projected to reach US$ 57,150.46 Million by 2028.
What is the CAGR for North America E-Commerce Automotive Aftermarket Market by (2022 - 2028)?
As per our report North America E-Commerce Automotive Aftermarket Market, the market size is valued at US$ 20,695.13 Million in 2022, projecting it to reach US$ 57,150.46 Million by 2028. This translates to a CAGR of approximately 18.4% during the forecast period.
What segments are covered in this report?
The North America E-Commerce Automotive Aftermarket Market report typically cover these key segments-
Product Type (Braking, Steering and Suspension, Hub Assemblies, Universal Joints, Gaskets, Filters, Spark Plug)
Consumer Type (B2B and B2C)
What is the historic period, base year, and forecast period taken for North America E-Commerce Automotive Aftermarket Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America E-Commerce Automotive Aftermarket Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2028
Who are the major players in North America E-Commerce Automotive Aftermarket Market?
The North America E-Commerce Automotive Aftermarket Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Alibaba Group Holding Limited.
Amazon.com, Inc.
AutoZone,Inc.
eBay, Inc.
LKQ Corporation.
The Pep Boys.
Carparts.com.
Denso Corporation.
Who should buy this report?
The North America E-Commerce Automotive Aftermarket Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America E-Commerce Automotive Aftermarket Market value chain can benefit from the information contained in a comprehensive market report.
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