The online global automotive aftermarket, despite the pandemic, is poised to grow by more than $41 billion during the 2020-2024 period. 35% of this growth is set to come from North America. The stay at home orders have come as great news for home improvement stores as well as some of the largest auto parts sellers, with people staying at home are taking up a lot of DIY car projects.
We take a look at some of the largest auto part stores in the US – AutoZone, Napa Auto Parts, O’Reilly Auto Parts, Advance Auto Parts, Carquest, Pep Boys, Fisher Auto Parts, and AutoNation.
Insights in Brief
- There are more than 24,111 Auto Parts stores in the US.
- AutoZone is the largest Auto Parts store with 5,914 stores.
- Texas (2.1K) is the state with the most number of Auto Parts stores.
- The number of Automotive parts being sold under AmazonBasics brand tripled between 2018-2019.
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How many Auto Parts Stores are in the US
We analyzed a total of 24,111 auto parts stores from 8 of the top auto parts chains in the US. Autozone is the largest auto parts chain with 5,914 locations in all 50 states. Followed by, Napa Auto Parts (5.59K) and O’Reilly Auto Parts (5.27K).
AutoZone
AutoZone is one of the leading retailer of auto parts and accessories in the U.S. There are 5,914 AutoZone locations operating in the US. Texas (641), California (634), and Florida (381) are the states with the most number of locations.
O’Reilly Auto Parts
O’Reilly Auto Parts has 5,592 locations in the US. Texas (752), California (562), and Floria (246) are the states with the most number of locations.
O’Reilly’s has a large number of stores concentrated in the biggest cities in the southern US, such as Houston, Dallas, and Jacksonville but their stores show up in the northeast to a lesser degree. The company has one of the largest specialty retailers of automotive aftermarket parts and accessories in the U.S., serving both the do-it-yourself and professional service provider markets.
Napa Auto Parts
There are 5,270 Napa Auto Parts locations present in the US. California (323), Texas (279), and Pennsylvania (237) are the states with the most number of locations. Napa Auto Parts locations are quite ubiquitous compared to its competitors.
Advance Auto Parts
There are 4,270 Advance Auto Parts locations operating in the US. Florida (511), North Carolina (280), and Georgia (252) are the states with the most number of locations. Amid the gradual recovery of the economy from the coronavirus crisis, vehicle demand across the globe started to rebound. Advance Auto Parts is likely to have gained sales from the digital ramp-up and rising e-commerce initiatives during Q3 2020.
Carquest
There are 1,359 Carquest locations in all 50 states in the US. California (110), Texas (77), North Carolina (67) are the states with the most number of locations. Carquest has a lower number of stores as compared to its competitors but its locations are uniformly scattered throughout the US.
Pep Boys
Pep Boys, an automotive retail chain that started in Pennsylvania has 950 locations operating in 37 states in the US. California (144), Florida (126), Texas (92) are the states with the most number of locations.
Fisher Auto Parts
There are 445 Fisher Auto Parts locations operating in 18 states in the US. Ohio (83), Virginia (64), and Pennsylvania (56) are the states with the most number of locations.
AutoNation
AutoNation has 311 locations operating in 16 states in the US. The company provides new and pre-owned vehicles and associated services. Florida (73), Texas (63), and California (44) are the states with the most number of locations. As the preference for online buying is increasing, AutoNation’s online sales continue to rise even after stay-at-home Covid-19 restrictions were eased.
Top States with Most Auto Parts Stores
Texas has the most number of auto parts stores with 2,148 locations, followed by are California (1,817) and Florida (1,547).
Increasing Competition in the Auto Parts Market
The auto parts industry is getting competitive with Walmart and Amazon offering auto parts and tires through their website. They have been slowly increasing the number of products offered as well. The number of Automotive parts sold by Amazon under its AmazonBasics brand tripled between the 2018-2019 period. Walmart too isn’t far behind when it comes to auto parts sold online. .
In addition, the rise in the number of electric cars being sold across the country also has had an effect on the auto parts industry. Electric cars are cheaper to maintain and require less maintenance compared to fuel powered vehicles, which would eat into the revenue of auto parts providers. AutoZone has managed to ride this wave by providing auto parts for Tesla’s that include brake pads,wipers, headlights, and mirror replacement glass.
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