LONDON–(BUSINESS WIRE)–Technavio has been monitoring the automotive aftermarket e-retailing market and it is poised to grow by USD 41.86 bn during 2020-2024, progressing at a CAGR of almost 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
What are the major trends in the market?
Use of advanced analytical tools to revolutionize aftermarket e-retailing is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 18.32% and the incremental growth of the market is anticipated to be $ 41.86 bn.
Who are the top players in the market?
Advance Auto Parts Inc., Alibaba Group Holding Ltd., Amazon.com Inc., AutoZone Inc., BuyAutoParts.com, eBay Inc., Genuine Parts Co., Icahn Automotive Group LLC, Parts Multiverse, and U.S. Auto Parts Network Inc, are some of the major market participants.
What is the key market driver?
The convenience of purchasing automotive products online is one of the major factors driving the market.
How big is the North America market?
The North America region will contribute 35% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Advance Auto Parts Inc., Alibaba Group Holding Ltd., Amazon.com Inc., AutoZone Inc., BuyAutoParts.com, eBay Inc., Genuine Parts Co., Icahn Automotive Group LLC, Parts Multiverse, and U.S. Auto Parts Network Inc. are some of the major market participants. The convenience of purchasing automotive products online will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Automotive Aftermarket E-Retailing Market 2020-2024: Segmentation
Automotive Aftermarket E-Retailing Market is segmented as below:
- Wheels And Tires
- Brakes And Brake Pads
- DIY Customers
- Professional Customers
- North America
- South America
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Automotive Aftermarket E-Retailing Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive aftermarket e-retailing market report covers the following areas:
- Automotive Aftermarket E-Retailing Market Size
- Automotive Aftermarket E-Retailing Market Trends
- Automotive Aftermarket E-Retailing Market Industry Analysis
This study identifies use of advanced analytical tools to revolutionize aftermarket e-retailing as one of the prime reasons driving the automotive aftermarket e-retailing market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Automotive Aftermarket E-Retailing Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automotive aftermarket e-retailing market growth during the next five years
- Estimation of the automotive aftermarket e-retailing market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive aftermarket e-retailing market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive aftermarket e-retailing market vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Wheels and tires – Market size and forecast 2019-2024
- Brakes and brake pads – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Product
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher-priced units
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Advance Auto Parts Inc.
- Alibaba Group Holding Ltd.
- Amazon.com Inc.
- AutoZone Inc.
- eBay Inc.
- Genuine Parts Co.
- Icahn Automotive Group LLC
- Parts Multiverse
- U.S. Auto Parts Network Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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