Press release
Auto Parts E-Commerce Aftermarket Market 2022: Global Key Players - LKQ Corporation, EBay Inc., AutoZone Inc and more
Auto Parts E-Commerce Aftermarket Market 2022
The automotive e-commerce aftermarket is a platform where automotive parts are sold to do-it-yourself (DIY) customers and service professionals through public websites. For such consumers, price affordability, ease of purchase and convenience and home delivery are few of the key deciding factors promoting the growth of the auto parts e-commerce aftermarket market across the globe. The automotive e-commerce aftermarket sells all automotive parts, such as brake systems and steering and suspension system, among others.
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End users benefiting from such online auto parts business comprise small workshops which aim to achieve fast delivery of automotive components to provide varied services to their customers. Numerous third party retailers are pushing the growth of the auto parts e-commerce aftermarket by collaborating with OEM manufacturers to provide their parts online.
The auto parts e-commerce aftermarket market is consolidated in nature with a few key companies holding a significant share in the market. These key players are now focusing on grabbing opportunities being provided by the auto parts e-commerce aftermarket market by expanding their portfolio and offerings to the customers.
Key Companies-
Some of the key participants identified across the value chain of the Auto Parts E-Commerce Aftermarket market are:
• LKQ Corporation
• EBay Inc.
• AutoZone Inc.
• Amazon Inc.
• The spare part GmbH
• Alibaba Group
• CATI SpA
• Rakuten Commerce LLC
• ERA SPA
• O'Reilly Automotive, Inc.
• Delticom AG
• SAITOW AG
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Auto Parts E-Commerce Aftermarket Market: Market Dynamics
As the average vehicle age decreases across the globe, the demand for auto parts is expected to increase significantly for repair and maintenance purposes. The automotive e-commerce aftermarket is expected to serve as a platform to cater to such needs in the future.
This is expected to promote the growth of auto parts e-commerce aftermarket market over the assessment period. Moreover, as the number of key automotive manufacturers engaging in collaborations with prominent e-commerce platforms is increasing, the auto parts e-commerce market is expected to witness significant growth in the coming years.
Auto Parts E-Commerce Aftermarket Market: Market Segmentation
basis of type of components
• Battery
• Cooling Systems
• Underbody Components
• Automotive Filters
• Engine Components
• Lighting Components
• Electrical Components
• Tires
basis of type of customers
• B2B2C (Business to Business to Consumer)
• B2C (Business to Consumer)
basis of end users
• End Consumer
• Workshops
• Others (Dealers, etc.)
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Auto Parts E-Commerce Aftermarket Market: Regional Outlook
Asia Pacific region is expected to witness significant growth in the coming years. This can be attributed to various government initiatives, such as "Digital India", in developing countries, such as India, which are promoting collaborations between auto part manufacturers and key e-commerce service providers.
Moreover, North America and Europe are expected to register significant share in the auto parts e-commerce aftermarket market owing to the well-established internet infrastructure and increasing inclination of customers towards online purchase of auto parts in such regions.
However, the auto parts e-commerce aftermarket market is expected to witness sluggish growth in under developed regions, such as Africa and Latin America.
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