According to a recent study titled ‘North America E-commerce Automotive Aftermarket Size, By Product, E-commerce Retail, Consumer, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026, By Country, Industry Analysis Report, Country Outlook, Application Potential, Price Trend, Competitive Market Share & Forecast, 2020 - 2026A’, available with Market Study Report, North America e-commerce automotive aftermarket is expected to register an appreciable growth rate during 2020-2026.
 

Increasing penetration of DIY automotive solutions across the United States and Canada, and growing customer inclination towards online shopping owing to access to a wide product catalogue with various discounts & offers are the major growth drivers of North America e-commerce automotive aftermarket. Moreover, proliferating sales of both new and pre-owned vehicles, along with escalating demand for EVs, HVs, and gas-based automobiles due to rising interest towards energy-efficiency transportation mediums are adding considerable momentum to the regional industry growth.
 

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Besides, comparatively higher preference of the populace towards online shopping from mobiles than desktops, in line with rising focus among retailers towards integrating mobile wallets in their websites for effortless transactions is boosting North America e-commerce automotive aftermarket growth.
 

Based on product type, North America e-commerce automotive aftermarket from gasket segment is slated to register a CAGR of 12% over the forecast duration. Rising concerns regarding safety of sensitive electronics and necessity of sealing dusts, air, light, water, and electromagnetic interference in automobiles is driving the demand for gaskets. Increasing installation of fiberglass reinforcement materials for extra level of dimensional stability and stronger tear resistance is likely to boost the segment growth in the approaching years. Moreover, regular demand for replacements due to wear & tear vehicle parts over a time period is strengthening the product demand.
 

Speaking of retail channels, North America e-commerce automotive aftermarket from third party retailers segment will record a y-o-y growth rate of 13.5%, largely attributable to increasing awareness about preventive maintenance such as scheduled servicing and inspections to negate potential problems and ensure vehicle availability.
 

Key organizations influencing North America e-commerce automotive aftermarket outlook are CarParts.com (formerly U.S. Auto Parts Network, Inc.), The National Automotive Parts Association, Bosch Group, Denso Corp., AutoZone, Inc., eBay, Inc., Advance Auto Parts, Inc., Alibaba Group Holding Ltd., and Amazon.com, Inc.