E-commerce Automotive Aftermarket: Key Players and Market Dynamics

The global e-commerce automotive aftermarket size was valued at USD 62.12 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 20.5% from 2024 to 2030. The growing usage of online platforms to purchase car parts and accessories is a significant trend driven by consumers seeking convenience, variety, and competitive prices. Enhancements in technology, such as improved logistics and real-time inventory management, improve the overall online shopping process. Moreover, the increasing number of smartphones and internet availability make reaching e-commerce websites easier.

The growing preference for online shopping across various sectors, including automotive parts and accessories drives market growth. Consumers find it more convenient to search, compare, and purchase automotive components online, thanks to the easy accessibility of information, user reviews, and competitive pricing offered by e-commerce platforms. This shift towards digital retail channels has been further amplified by the proliferation of mobile devices, which enable customers to make purchases anytime and anywhere, thus accelerating the demand for online automotive aftermarket services.

E-Commerce Automotive Aftermarket Report Highlights

The lighting segment is expected to register the fastest growth over the forecast period. The growth can be attributed to the ongoing trend of automobile owners to customize and install new and personalized lighting equipment for interiors and exterior uses
The business to customer segment is expected to register the highest CAGR over the forecast period owing to the rising acceptance of DIY innovation in automobiles, thereby promoting automobile users to order automotive parts replacement and self-installation
The Asia Pacific region is expected to dominate the market over the forecast period. This can be attributed to rising economic activity in China and India. The presence of several automotive parts manufacturers in China and their ability to provide affordable and attractive products are offering an impetus to market growth

E-Commerce Automotive Aftermarket Segmentation

Grand View Research has segmented the global e-commerce automotive aftermarket based on replacement parts, end use, and region:

E-Commerce Automotive Aftermarket Replacement Parts Outlook (Revenue, USD Billion, 2017 - 2028)

Engine Parts
- Piston and Piston Rings
- Engine Valves and Parts
- Fuel Injection Systems
- Power Train Components
Transmission and Steering
- Clutch Assembly Systems
- Gearbox
- Axles
- Wheels
- Tires
Braking Systems
- Brake Calipers
- Brake Pads
- Rotor and Drums
- Brake Disk
Lighting
- Headlamps
- Tail lamps
- Others
Electrical Parts
- Starter Motor
- Spark Plugs
- Battery
- Others
Suspension Systems
Wipers
Others