The Global Automotive E-tailing Market is expected to reach US$ 64.0Bn by 2026 from US$ 27.0Bn in 2019 at a CAGR of 11.39%.
The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Automotive E-Tailing raises to online selling of automotive components. The global automotive E-tailing market comprises a wide-ranging of automotive components including infotainment-multimedia, interior accessories, powertrain, tires and wheels, electrical and electronics products.
The driving factors of the automotive E-tailing market are, internet habituated customers, growth in vehicle population, cheaper automotive components, increasing demand for omni-channel insights, and increased spending on analytics. Some of the restraint factors of the market are, increasing the share of counterfeiting of automotive parts, intangible nature of a business, online payment frauds, late or inaccurate delivery reduces value for the customer. Continuously updating products and technology is the major challenge faced by the global automotive E-tailing market.
The tire and wheel segment held the largest share in the global automotive E-Tailing market in 2017. An automobile skid is an automobile handling condition where one or more tires and wheels are slipping relative to the road, and the overall handling of the vehicle has been affected.
Third-party vendors such as Amazon, Alibaba, and eBay are the major players in the E-tailing market for automotive applications. Availability of a broad range of products, features for instance price comparison, customer reviews, and discounts are the major factors driving the global market for online sales of automotive components.
Region-wise, in 2017, Asia-Pacific dominated the global automotive E-Tailing market. The Asia-Pacific E-Tailing market is expected to grow the largest CAGR supported by the biggest market in China followed by India and Japan throughout the forecast period. Such growth is likely to be driven by an increase in GDP and rapid economic growth in developing countries such as China and India. Moreover, a growing number of new players and start-ups are entering the Asia-Pacific market and selling their products in Tier-I cities.
Global Automotive E-tailing Market Report includes PESTLE analysis, competitive landscape, and Porter’s five force model. Market attractive analysis wherein all the segments are benchmarked based on the market size, growth rate, and general attractiveness.
The key market players operating in the Global Automotive E-tailing Market are, Advance Auto Parts, Inc., Alibaba Group Holding Ltd, Amazon.Com, Inc., Autozone, Inc., Delticom AG., Ebay Inc., Flipkart, O’reilly Automotive Inc., Robert Bosch GmbH and Wal-Mart Stores, Inc.
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Global Automotive E-tailing Market by Component
• Tires and Wheel
• Infotainment and Multimedia
• Interior Accessories
• Electrical and Electronics
Global Automotive E-tailing Market by Vendor
• Third Party
Global Automotive E-tailing Market by Product Label
• Genuine Label Products
• Counterfeit Label Product
Global Automotive E-tailing Market by Application
• Passenger Cars
• Commercial Vehicles
• Two- Wheelers
Global Automotive E-tailing Market, by Region
• North America
• Middle East and Africa
• South America
Key Players Operating in the Global Automotive E-Tailing Market
• Advance Auto Parts, Inc.
• Alibaba Group Holding Ltd
• Amazon.Com, Inc.
• Competition Motorsport
• RTW WHEELS
• IMS LLC
• BOOGEY INC
• Autozone, Inc.
• Delticom AG.
• Ebay Inc.
• O’reilly Automotive Inc.
• Robert Bosch GmbH
• Wal-Mart Stores, Inc.
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