South 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 and Suspension (Ball Joints, Tie Rods, Sway Bar

South 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 and 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 South America e-commerce automotive aftermarket market is expected to reach US$ 5832.27 million by 2028 from US$ 2401.68 million in 2022; it is estimated to grow at a CAGR of 15.9% from 2022 to 2028.
Amazon and eBay have same-day shipping of automotive aftermarket products in many locations. Latest autos have sensors to detect lane changes, 360° cameras, and technology that requires expert assistance. In a do-it-for-me (DIFM) trend, consumers are likely to become dependent on auto repair businesses and mechanics. The e-commerce automotive aftermarket industry must continue to exploit digital B2C (business-to-consumer) and B2B (business-to-business) marketplaces. As a result, the increasing number of customers purchasing automotive components from online e-commerce platforms is expected to create new opportunities for the South America e-commerce automotive aftermarket market.
South America E-Commerce Automotive Aftermarket Market Revenue and Forecast to 2028 (US$ Million)

South America E-Commerce Automotive Aftermarket Market Segmentation

The South America e-commerce automotive aftermarket market is segmented on the basis of product type, consumer type, and country. Based on product type, the market is segmented into braking, steering & suspension, tie rods, sway bar links, bearings/seals, and others. The others segment led the market with the largest share in 2022. The market for the braking segment is further sub segmented into brake pads, hydraulics & hardware, and rotor and drum. The market for the steering & suspension segment is sub segmented into ball joints, tie rods, sway bar links, bearings/seals, and others. Based on consumer type, the South America e-commerce automotive aftermarket market is bifurcated into B2B and B2C. The B2C segment led the market with a larger share in 2022. By country, the South America e-commerce automotive aftermarket market is segmented into Brazil, Argentina, and rest of SAM. The Brazil segment led the South America e-commerce automotive aftermarket market with the largest market share in 2022.
The key companies operating in the South America e-commerce automotive aftermarket market are Alibaba Group Holding Limited; Amazon.com, Inc.; eBay Inc.; LKQ Corporation; and Denso Corporation. Several companies are functioning in the market and contributing substantial revenues toward the South America e-commerce automotive aftermarket market growth.

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