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Growth Opportunities for eRetailing in the Automotive Aftermarket
Growth Opportunities for eRetailing in the Automotive Aftermarket
Emergence of the Online Channel in Mainstream Aftermarket to Catalyze Omnichannel Parts and Services Sales Globally
28-Mar-2024
North America
Description
The automotive aftermarket parts trade is undergoing an evolution, largely influenced by the adoption of digital technologies. By 2030, approximately $153 billion in parts and accessories will be sold from the online channel worldwide, which represents significant penetration in most regional markets. Frost & Sullivan has been conducting research on this industry for many years, and this study is an update to the 2019 version that identified a lot of dynamics in the competitive landscape. Ever since, while the competitive scenario has not evolved much, adoption of the online channel has been significantly influenced post-COVID-19 pandemic.
Research Scope
The study aims to provide an update on the market for eRetailing in the automotive aftermarket business-to-consumer (B2C) channel, reflecting on the sector’s evolution after the COVID-19 pandemic. It does not cover eCommerce within the business-to-business (B2B) channel. The study period is 2020 to 2030.
Research Highlights
Research objectives include analyzing and estimating the market size for online sales of replacement parts and accessories in the automotive aftermarket. The study provides an understanding of industry trends influencing the outlook for online sales of parts and accessories. It provides an overview of recent developments in the aftermarket, indicating different patterns and trends across various regions. It compares regions and countries for growth opportunities based on prevailing sector dynamics that support the adoption of eRetailing in the automotive aftermarket.
Key Issues Addressed
- What is the penetration of online retailing in the automotive aftermarket?
- What is the long-term outlook for the penetration of eRetailing in different regions?
- What are the penetration levels of online retailing in the automotive aftermarket in primary regions, and how will they evolve?
- What are the new business models in aftermarket digitization?
- How are the different market participants reacting to the increasing popularity of online channels?
Author: Anuj Monga
Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on Electronic Retailing (eRetailing) in the Automotive Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Scope
Research Aim and Objectives
Key Questions This Study Will Answer
Channel Participant Definitions
Parts Category Definitions
Forecast Assumptions
Global eRetailing in the Automotive Aftermarket Snapshot
5 Big Predictions for Aftermarket eRetailing
Key Market Developments
Key Market Developments (continued)
Aftermarket eRetailing Purchase Channels
Key Competitors by Region
Global eRetailing Aftermarket Dashboard
Growth Drivers
Growth Restraints
Key Trends
Business Models
Digital Points Of Sale
Private Label Programs
Penetration Forecast
Regional Penetration
eRetailing Aftermarket Penetration Heatmap, 2023
Growth Outlook
Revenue Forecast
Revenue Forecast by Region
Revenue Forecast Analysis
Revenue in Select Regions by Parts Category
Penetration Outlook
Channel Participant Share
Parts Category Share
Percent Revenue Breakdown by Participant Type
Global Revenue Share
Growth Metrics
Key Findings and Outlook
Growth Metrics
Country Snapshot—US and Canada
Online Replacement Parts & Accessories Revenue
North American Aftermarket Ecommerce Landscape
Growth Metrics
Country Snapshot—UK
Online Replacement Parts & Accessories Revenue—UK
Country Snapshot—Germany
Online Replacement Parts & Accessories Revenue—Germany
Country Snapshot—France
Online Replacement Parts & Accessories Revenue—France
Country Snapshot—Italy
Online Replacement Parts & Accessories Revenue—Italy
Country Snapshot—Spain
Online Replacement Parts & Accessories Revenue—Spain
European Aftermarket Ecommerce Landscape
Growth Metrics
Country Snapshot—India
Online Replacement Parts & Accessories Revenue—India
Indian Aftermarket Ecommerce Landscape
Growth Metrics
Country Snapshot—China
Online Replacement Parts & Accessories Revenue—China
Chinese Aftermarket Ecommerce Landscape
China’s Leading Service Provider—Tuhu
Growth Metrics
Country Snapshot—Brazil
Online Replacement Parts & Accessories Revenue—Brazil
Country Snapshot—Mexico
Online Replacement Parts & Accessories Revenue—Mexico
South American Aftermarket eCommerce Landscape
Growth Opportunity 1—Private Labeling
Growth Opportunity 1—Private Labeling (continued)
Growth Opportunity 2—Online to Offline Integration
Growth Opportunity 2—Online to Offline Integration (continued)
Growth Opportunity 3—Customer Life Cycle Management
Growth Opportunity 3—Customer Life Cycle Management (continued)
The Last Word—3 Big Predictions
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
Research Scope
The study aims to provide an update on the market for eRetailing in the automotive aftermarket business-to-consumer (B2C) channel, reflecting on the sector’s evolution after the COVID-19 pandemic. It does not cover eCommerce within the business-to-business (B2B) channel. The study period is 2020 to 2030.
Research Highlights
Research objectives include analyzing and estimating the market size for online sales of replacement parts and accessories in the automotive aftermarket. The study provides an understanding of industry trends influencing the outlook for online sales of parts and accessories. It provides an overview of recent developments in the aftermarket, indicating different patterns and trends across various regions. It compares regions and countries for growth opportunities based on prevailing sector dynamics that support the adoption of eRetailing in the automotive aftermarket.
Key Issues Addressed
- What is the penetration of online retailing in the automotive aftermarket?
- What is the long-term outlook for the penetration of eRetailing in different regions?
- What are the penetration levels of online retailing in the automotive aftermarket in primary regions, and how will they evolve?
- What are the new business models in aftermarket digitization?
- How are the different market participants reacting to the increasing popularity of online channels?
Author: Anuj Monga
| Author | Anuj Monga |
|---|---|
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Podcast | No |
| WIP Number | K9FC-01-00-00-00 |