E-Commerce automotive aftermarket is hot online platform for selling auto parts to do-it-yourself customers and service professionals. Through this media you should sale different automotive spare parts, accessories, equipment, and services that are not available in tier 1 and tier 2 cities due to heavy demand.
1. Increasing number of e-commerce platforms.
2. Rising collaboration between e-commerce platform pro viders and brick & mortar stores.
3. e-tailers acting as service aggregators to provide price and quality assurance to customers.
4. Rising use of technologies like IoT and Cloud in e-Commerce
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According to survey across market segments such as product category, targeted consumer, geography and sales, the global e-Commerce automotive aftermarket surging at a phenomenal pace of 18.5% CAGR during forecast period. Due to this alarming growth investers can easily pick the business in these days. E-Commerce automotive aftermarket is a way for investers to experience this new opportunity with very low investment as well as risk. In order to invest in e-Commerce automotive aftermarket, all you need to find out is which companies are investing in this technology.
The global e-commerce automotive aftermarket segmentation:
By Consumer Type:
By Product Type:
Wheels & tires
Tools & garage
Auto body parts
Oil, coolants and fluids
Others (paints, custom modifications)
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The global e-commerce automotive aftermarket market is quiet consolidated with presence of major companies accounting for the majority of the market share. Numerous medium and small players also have regional presence through various platforms such as marketplace or third party e-tailers.
Some of the major industry participants in the E-commerce automotive aftermarket include Advance Auto Parts, Alibaba Group, Amazon Inc., AutoZone Inc., National Automotive Parts Association, DENSO Corporation, Pep Boys, U.S. Auto Parts Network Inc., EBay Inc., Rakuten Commerce LLC, Cdiscount, Das Ersatzteil GmbH, ERA SPA, CATI SpA, AliExpress, DNABER Auto Parts, O’Reilly Automotive, Inc., Q-Parts 24, Shopee365, and LKQ Corporation.