Growth Opportunities for eRetailing in the Automotive Aftermarket
Emergence of the Online Channel in Mainstream Aftermarket to Catalyze Omnichannel Parts and Services Sales Globally
The automotive aftermarket parts trade is undergoing an evolution, largely influenced by the adoption of digital technologies. By 2030, approximately $153 billion in parts and accessories will be sold from the online channel worldwide, which represents significant penetration in most regional markets. Frost & Sullivan has been conducting research on this industry for many years, and this study is an update to the 2019 version that identified a lot of dynamics in the competitive landscape. Ever since, while the competitive scenario has not evolved much, adoption of the online channel has been significantly influenced post-COVID-19 pandemic.
RESEARCH SCOPE
The study aims to provide an update on the market for eRetailing in the automotive aftermarket business-to-consumer (B2C) channel, reflecting on the sector’s evolution after the COVID-19 pandemic. It does not cover eCommerce within the business-to-business (B2B) channel. The study period is 2020 to 2030.
RESEARCH HIGHLIGHTS
Research objectives include analyzing and estimating the market size for online sales of replacement parts and accessories in the automotive aftermarket. The study provides an understanding of industry trends influencing the outlook for online sales of parts and accessories. It provides an overview of recent developments in the aftermarket, indicating different patterns and trends across various regions. It compares regions and countries for growth opportunities based on prevailing sector dynamics that support the adoption of eRetailing in the automotive aftermarket.
KEY ISSUES ADDRESSED
What is the penetration of online retailing in the automotive aftermarket?
What is the long-term outlook for the penetration of eRetailing in different regions?
What are the penetration levels of online retailing in the automotive aftermarket in primary regions, and how will they evolve?
What are the new business models in aftermarket digitization?
How are the different market participants reacting to the increasing popularity of online channels?
- Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 88
- The Impact of the Top 3 Strategic Imperatives on Electronic Retailing (eRetailing) in the Automotive Aftermarket
- Growth Opportunities Fuel the Growth Pipeline Engine ne
- Research Scope, Objectives, Background, and Methodology
- Research Scope
- Research Aim and Objectives
- Key Questions This Study Will Answer
- Channel Participant Definitions
- Parts Category Definitions
- Forecast Assumptions
- Growth Environment
- Global eRetailing in the Automotive Aftermarket Snapshot
- 5 Big Predictions for Aftermarket eRetailing
- Key Market Developments
- Aftermarket eRetailing Purchase Channels
- Key Competitors by Region
- Growth Opportunity Analysis
- Global eRetailing Aftermarket Dashboard
- Growth Drivers
- Growth Restraints
- Key Trends
- Business Models
- Digital Points Of Sale
- Private Label Programs
- Penetration Forecast
- Regional Penetration
- eRetailing Aftermarket Penetration Heatmap, 2023
- Growth Outlook
- Revenue Forecast
- Revenue Forecast by Region
- Table eRetailing in the Automotive Aftermarket: Revenue Forecast by Region, Global, 2020-2030
- Revenue Forecast Analysis
- Revenue in Select Regions by Parts Category
- Penetration Outlook
- Channel Participant Share
- Parts Category Share
- Percent Revenue Breakdown by Participant Type
- Global Revenue Share
- Growth Metrics
- Key Findings and Outlook
- Growth Opportunity Analysis- North America
- Growth Metrics
- Country Snapshot-US and Canada
- Online Replacement Parts & Accessories Revenue
- North American Aftermarket Ecommerce Landscape
- Growth Opportunity Analysis- Select Countries in Europe
- Growth Metrics
- Country Snapshot-UK
- Online Replacement Parts & Accessories Revenue-UK
- Country Snapshot-Germany
- Online Replacement Parts & Accessories Revenue-Germany
- Country Snapshot-France
- Online Replacement Parts & Accessories Revenue-France
- Country Snapshot-Italy
- Online Replacement Parts & Accessories Revenue-Italy
- Country Snapshot-Spain
- Online Replacement Parts & Accessories Revenue-Spain
- European Aftermarket Ecommerce Landscape
- Growth Opportunity Analysis-India
- Growth Metrics
- Country Snapshot-India
- Online Replacement Parts & Accessories Revenue-India
- Indian Aftermarket Ecommerce Landscape
- Growth Opportunity Analysis-China
- Growth Metrics
- Country Snapshot-China
- Online Replacement Parts & Accessories Revenue-China
- Chinese Aftermarket Ecommerce Landscape
- China's Leading Service Provider-Tuhu
- Growth Opportunity Analysis- South America
- Growth Metrics
- Country Snapshot-Brazil
- Online Replacement Parts & Accessories Revenue-Brazil
- Country Snapshot-Mexico
- Online Replacement Parts & Accessories Revenue-Mexico
- South American Aftermarket eCommerce Landscape
- Growth Opportunity Universe
- Growth Opportunity 1-Private Labeling
- Growth Opportunity 2-Online to Offline Integration
- Growth Opportunity 3-Customer Life Cycle Management
- The Last Word
- The Last Word-3 Big Predictions
- Next Steps
- Your Next Steps
- Why Frost, Why Now?
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