Published on : Feb 06, 2018
Albany, New York, February 6, 2018: E-commerce automotive aftermarket is basically an e-tailing platform from which auto parts are traded to do-it-yourself customers via internet. Presently, the automotive industry has been analyzed to grow primarily across emerging economies like India and China. In order to learn more about this sector, Market Research Hub (MRH) has added a new report titled “E-Commerce Automotive Aftermarket - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”, to its vast research repository.
Considering the analysis, the global market for e-commerce automotive aftermarket is projected to be worth US$137 bn until 2025; at this rate the market is rising at a phenomenal speed of 18.5% CAGR. The aftermarket includes all types of automotive accessories, spare parts, equipment and services associated to automobiles which are procured after periodic vehicle use via E-commerce portals. Furthermore, increasing ecommerce platforms as well as collaboration among E-commerce platform providers and mortar stores is likely to motivate the E-commerce automotive aftermarket market during the forecast period.
As per active research analytics, the global ecommerce automotive aftermarket market highlights opportunities worth US$32.723 bn in 2016. For the forecast analysis, it has been estimated that the revenue share would reach a mark of US$227.165 bn by 2025. This research study offers a clear picture about market definition and scope, followed by research highlights. Later, the executive summary covering market overview is available for better insights. Key trend analysis, key market indicators, industry evolution and market dynamics can be accessed easily from this section. Opportunity assessment analysis as well as Market Revenue Projections, 2015 – 2025 (US$ Mn and Thousand Units) are part of this report segment. Readers can judge the degree of competition prevailing in the E-commerce automotive aftermarket market through the assessment of Porter’s Five Force Analysis.
The next section discourses market segmentation in a well-framed manner. On the basis of offering, the market has been bifurcated into product and services, whereas based on consumer, the market is divided into business to client (B2C) and business to business (B2B). Further, product-wise, this concerned market is classified as exterior accessories, wheels and tires, interior accessories, coolants and fluids, performance parts, tools and garage, auto body parts, and oil. Region-wise the potential regions targeted in the report are Europe, North America, Asia Pacific, Latin America and the Middle East and Africa. Some of the primary players active in the E-commerce automotive aftermarket market are Amazon.com, Inc., Alibaba Group, EBay Inc., American Tire Distributors Holdings, Inc., Auto Zone, Inc, U.S. Auto Parts Network, Inc., Advance Auto Parts and Denso Corporation.
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