E-Commerce in Automotive Aftermarket
COVID-19 Impact Analysis By
Segmentations, Key Company Profiles &
With rising digitization and the increasing popularity of online shopping, the companies
selling automotive aftermarket parts and components are rapidly shifting their operations
toward online portals. Moreover, nowadays, customers are increasingly preferring buying
automobile parts from online portals over the conventional brick-&-mortar outlets, on account
of the availability of a diverse product range, hassle-free and smooth transactions, and the
timely delivery of products according to the consumer convenience in these online portals.
Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/e-
Additionally, several e-retail companies such as Amazon.com Inc.,Wal-Mart Stores Inc., and
Alibaba Group Holding Ltd. are increasingly selling automotive parts and components on
their online portals. Many consumers have concerns regarding product specifications and
automobile compatibility requirements and the services currently available in the aftermarket.
Moreover, it is very difficult for customers to determine the cost of various automotive
aftermarket services and products and their cost-effectiveness. This is further boosting the
popularity of online shopping of aftermarket components.
The rising average age of automobiles, the expansion of the automotive aftermarket, and the
increasing prevalence of road accidents are the other major factors fueling the sales of
automotive aftermarket products via e-commerce platforms. This is, in turn, driving the
progress of the market for global e-commerce in automotive aftermarket. The market
valuation is predicted to surge from $38.2 billion in 2019 to $292.6 billion by 2030.
Furthermore, the market will advance at a CAGR of 23.3% between 2020 and 2030.
Globally, the e-commerce in automotive aftermarket will register the