Global Automotive E-tailing Market (2020 to 2025) - Growth, Trends and Forecasts - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Automotive E-tailing Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The automotive e-tailing market is anticipated to register a CAGR of over 10% during the forecast period (2020 - 2025).

This market is primarily driven by growing internet-based shopping trends. E-tailing is the fastest-the retail sector in the automotive aftermarket sector and is becoming a significant revenue stream for auto parts sales.

Convenience in online shopping, availability of a wide range of products, and growing investments in e-commerce platforms are the primary driving factors for the growth of automotive e-tailing market.

Major global automotive e-tailing players are escalating their production base through expansion and partnerships, in order to meet the increasing demand for automobiles. The factors that drive the growth of the automotive e-tailing market include increase in awareness about the use of internet by customers, growth in vehicle production, convenience in online shopping, availability of a broad range of products, cheaper automotive components, and increase in investments in e-commerce platforms.

Asia-Pacific dominated the market, owing to increasing demand from countries, such as India and China. Growth and improvement in the technological infrastructure, rising internet penetration, and convenience of online shopping are some of the factors driving the automotive e-tailing market.

Companies Mentioned

• Amazon.com Inc.
• Alibaba Group Holding Limited
• AutoZone Inc.
• Walmart Inc.
• eBay Inc.
• Robert Bosch GmbH
• O'reilly Automotive Inc.
• Delticom AG
• Advance Auto Parts Inc.
• Flipkart
  

Key Market Trends

The Infotainment and Multimedia Segment to Witness a Significant Share

The automotive infotainment and multimedia market has dynamic divisions, as it includes OEMs and aftermarket players. The automotive e-tailing market is at a convergent point where startups are coming up with more number of services and offers and are providing the latest technology products, such as sophisticated entertainment and information systems, without compromising on the safety quotient of the vehicle.

North America Holds a Significant Share in the Global Market

The customers in North America are using e-tailing more and approximately 70-80% of the customers in the region research online before making a part purchase. Online and mobile channels are expected to account for nearly USD 40 billion in sales for automotive parts in North America and Europe combined, by 2020.

As the sales of auto parts in the United States continue to grow, e-tailing has now become one of the most popular sales channels in the US auto parts market, over recent years. It is estimated that the sales at the major auto parts chains in the United States increased 7% year-on-year since 2016, registering a much bigger growth than the total sales of automotive vehicles in the country, which grew only 1% year-on-year, over the last decade.

Key Topics Covered:

1 INTRODUCTION

1.1 Study Assumptions

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 By Component Type

5.1.1 Electrical Components

5.1.2 Infotainment and Multimedia

5.1.3 Engine Components

5.1.4 Tires and Wheel

5.1.5 Other Component Types

5.2 By Vehicle Type

5.2.1 Passenger Cars

5.2.2 Commercial Vehicles

5.2.3 Two-wheelers

5.3 By Vendor Type

5.3.1 OEM

5.3.2 Third-party Vendor

5.4 By Geography

5.4.1 North America

5.4.2 Europe

5.4.3 Asia-Pacific

5.4.4 South America

5.4.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Vendor Market Share

6.2 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/oh6078