North America E-Commerce Automotive Aftermarket Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type [Braking (Brake Pads, Hydraulics and Hardware, and Rotor and Drum), Steering & Suspension (Ball Joints, Tie Rods, Sway Bar Li

North America E-Commerce Automotive Aftermarket Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type [Braking (Brake Pads, Hydraulics and Hardware, and Rotor and Drum), Steering & Suspension (Ball Joints, Tie Rods, Sway Bar Links, Bearings/Seals, and Others), Hub Assemblies, Universal Joints, Gaskets, Filters, Spark Plug, and Others], and Consumer Type (B2B and B2C)

The North America e-commerce automotive aftermarket market is expected to reach US$ 57,150.46 million by 2028 from US$ 20,695.13 million in 2022; it is estimated to grow at a CAGR of 18.4% from 2022 to 2028.
The significance of control over sales channels and transaction pricing has increased dramatically for automakers, based on observations in other industries, such as fashion and fast-moving consumer goods (FMCG). The automotive aftermarket industry's B2C segment accounts for the majority of purchases completed on e-commerce platforms. The B2C segment controls ~85–90% of the e-commerce industry. Owing to the increased customer knowledge of periodic maintenance, convenience, and extra services, the B2C sector significantly contributed to the North America e-commerce automotive aftermarket market. Also, simple payment choices, large savings on bulk purchases, and doorstep delivery of heavy components can reduce logistical expenses over alternatives such as the B2B. Consumer awareness related to these benefits boost the market for the B2C segment. Consumer buying habits are shifting from traditional brick-and-mortar stores to online platforms, accelerating the growth of the market.
North America E-Commerce Automotive Aftermarket Market Revenue and Forecast to 2028 (US$ Million)
North America E-Commerce Automotive Aftermarket Market Segmentation
The North America e-commerce automotive aftermarket market is segmented into product type, consumer type, and country. Based on product type, the market is segmented into braking, steering & suspension, hub assemblies, universal joints, gaskets, filters, spark plug, and others. The others segment led the North America solar inverters market with the largest market share in 2022. The braking segment is further sub segmented into brake pads, hydraulics & hardware, and rotor & drum. The steering & suspension segment is further sub segmented into ball joints, tie rods, sway bar links, bearings/seals, and others. Based on consumer type, the market is bifurcated into B2B and B2C. The B2C segment led the North America e-commerce automotive aftermarket with a larger market share in 2022. By country, the North America e-commerce automotive aftermarket market is segmented into the US, Canada, and Mexico. The US segment led the North America e-commerce automotive aftermarket market with the largest market share in 2022.
The key companies operating in The North America E-commerce Automotive Aftermarket Market are Alibaba Group Holding Limited; Amazon.com, Inc.; AutoZone, Inc.; eBay Inc.; LKQ Corporation; The Pep Boys; CarParts.com, Inc; and Denso Corporation. Several companies are functioning in the market and contributing substantial revenues toward The North America e-commerce automotive aftermarket market growth.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America e-commerce automotive aftermarket market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in North America e-commerce automotive aftermarket market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the e-commerce automotive aftermarket market as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution"