Press release
E-commerce Automotive Aftermarket Outlook to 2025 Led By Denso Corporation, Napa Auto Parts, Hella Group, eBay, Amazon, Advance Auto Parts, and Auto Zone
E-commerce Automotive Aftermarket
Third-party retailers will capture maximum revenue share in e-commerce automotive aftermarket crossing USD 29 billion by 2025. Increasing popularity of retailers such as Amazon, eBay, etc. will drive the industry growth. The revenue generation can also be credited to the provision of distinct services. Moreover, advantages such as same day delivery will further contribute to the industry dominance over the forecast timeframe.
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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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Bosch
2. Napa Auto Parts
3. Rock Auto.com
4. JC Whitney
5. CARiD
6. Auto Anything
7. O’Reilly Auto Parts
8. Sears
9. Tire Rack.com
10. Arch Auto Parts
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 e-commerce automotive aftermarket will capture significant revenue share surpassing USD 9 billion till 2025 owing to substantial automobile sales along with strengthening internet penetration across the region.
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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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.
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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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