DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xqg7gg/global) has announced the addition of the "Global E-retailing in Automotive Aftermarket 2014-2018" report to their offering.
The Global E-retailing in Automotive Aftermarket to grow at a CAGR of 18.56% over the period 2013-2018.
The Automotive aftermarket is a subordinate market, which focuses on the manufacturing, remanufacturing, distribution, and installation of automobile components post sale. The components installed after the initial sale of the vehicle by the dealer are known as aftermarket components. Sellers that sell their products online either maintain their own websites or operate through other online retailers. Their easy availability allows end-users to have a wide variety of options and they do not necessarily have to purchase relatively expensive OE equipment.
To calculate market size, the report considers revenue generated through the sales of aftermarket equipment such as tires, brake parts, body parts, filters, batteries, steering and suspensions, starters and alternators, lighting, exhaust components, injection parts, and other automotive related parts.
One major trend upcoming in this market is the increased adoption of multi-channel retailing. Retailers now sell through their own online websites and retail stores, as well as through other popular online retailers. This helps the company increase its customer base, which in turn increases its penetration in the market. Multi-channel retailing helps companies compete with other popular brands present on multiple websites.
One of the major drivers in the market is the increased demand for advanced automotive parts. The shift of the automotive industry from mechanical to electrical and electronic systems opens up new opportunities as well as challenges. This transition is driving the demand for replacement products and new service technologies.
Further, the report states that one of the key challenges in this market is issues with logistics. Any glitches in the logistics network result in the loss of customers' trust and loyalty.
- Advance Auto Parts
- US Auto Parts Network
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Product
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
- Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/xqg7gg/global