Press release
E-commerce Automotive Aftermarket- Driving Factors and Trends of the Industry | Top Key Players Napa Auto Parts, Denso Corporation, Amazon, E-bay, Auto Zone, and Advance Auto Parts
E-commerce Automotive Aftermarket
A comprehensive research study on E-commerce Automotive Aftermarket introduced by Global Market Insights, Inc. provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.
E-commerce automotive aftermarket is likely to generate a demand of more than 1 billion units by 2025. Rising vehicle age, especially in developed countries across the globe along with shifting preference of customers towards online shopping will essentially drive the industry growth. Increasing vehicle customizations and continuous change in consumer style preferences will further escalate the industry revenue generation.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1.Amazon
2. Alibaba Group
3. Flipkart
4. E-bay Inc.
5. Auto Zone
6. Advance Auto Parts
7. U.S. Auto Parts Network, Inc
8. Pep Boys
9. National Automotive Parts Association
10. Denso Corporation
North America e-commerce automotive aftermarket is likely to grow significantly, exhibiting around 17% CAGR over the forecast timespan. Well established internet infrastructure along with presence of leading e-commerce participants including Amazon across the region will primarily contribute towards high growth. Asia Pacific will capture significant revenue share surpassing USD 9 billion till 2025 owing to substantial automobile sales along with strengthening internet penetration across the region.
B2C will dominate the e-commerce automotive aftermarket, surpassing USD 13 billion by 2025. Shifting consumer preference towards purchasing of auto-components online will drive the industry growth. This shifting preference can be attributed to provision of benefits such as advanced products and rapid query solving. Moreover, cost effectiveness of these online portals as compared to conventional brick-and-mortar stores is another factor that will positively impact the industry growth.
Steering and suspension will account for highest revenue share over the forecast timeframe owing to increasing demand of vehicle components such as bearings, coil springs, and control arms. Easy availability of diverse options at reasonable prices will further strengthen the product penetration. Spark plugs will grow exponentially, exhibiting over 21% CAGR from 2018 to 2025 owing to their high replacement needs. The vehicle manufacturers generally recommend replacement of spark plugs after every 30,000 miles. Cost effectiveness as compared to its counterparts and increased accident rates will further propel the e-commerce automotive aftermarket growth from spark plugs.
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Major Table of Content: -
Chapter 3. E-commerce Automotive Aftermarket Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2025
3.3. Industry ecosystem analysis
3.3.1. Raw material supplier
3.3.2. Manufacturers
3.3.3. Distribution channel analysis
3.3.3.1. OEM
3.3.3.2. Aftermarket
3.3.4. Vendor matrix
3.3.4.1. Product portfolio
3.3.4.2. Global presence
3.4. Technology landscape
3.5. Pricing analysis
3.5.1. Regional pricing
3.5.1.1. North America
3.5.1.2. EU
3.5.1.3. APAC
3.5.1.4. LATAM
3.5.1.5. MEA
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. EU
3.6.3. China
3.7. Industry impact forces
3.7.1. Growth drivers, by region
3.7.1.1. NA
3.7.1.2. EU
3.7.1.3. APAC
3.7.1.4. LATAM
3.7.1.5. MEA
3.7.2. Industry pitfalls & challenges
3.8. Innovation and sustainability
3.9. Growth potential analysis
3.10. Porter's analysis
3.11. Competitive landscape, 2017
3.11.1. Company market share analysis, 2017
3.11.2. Strategy dashboard
3.12. PESTEL analysis
Denso Corporation, Napa Auto Parts, Hella Group, eBay, Amazon, Advance Auto Parts, and Auto Zone are among the notable players in the e-commerce automotive aftermarket. Collaborations and partnerships with online aftermarket participants are the strategies implemented by the competitors to strengthen their foothold. For instance, in 2016, Hella group announced its collaboration with iParts.pl, an online supplier of auto parts for expanding its product line.
Browse Full Reports: https://www.gminsights.com/toc/detail/e-commerce-automotive-aftermarket
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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