ID: MRFR/AM/1383-HCR | 100 Pages | Author: Swapnil Palwe | June 2023
Automotive E-tailing Market is expected to be valued at USD 51,856.5 million with a CAGR of 12.4% Forecast by 2030
Automotive E-tailing market is expected to register a CAGR of about 12.4% during the forecast period, to reach USD 51,856.5 million by 2030. E-tailing is defined as the buying and selling of goods through electronic media (Internet).It includes only Business-to-Consumer (B2C) segment where the business sells goods to the consumers through online platforms. E-tailing for automotive is growing due to increasing demand for automobile components as the automobile sales in increasing. Convenience in online shopping, availability of broad range of products and increasing investments in e-commerce platforms are the major driving factors for the growth of Automotive E-tailing market. However, there are certain factors such as fraud and security concerns that are restraining the growth of Automotive E-tailing market.
The leading players in the Automotive E-tailing market are Advance Auto Parts, Inc. (U.S), Delticom AG (Germany), eBay Inc. (U.S), Rock Auto LLC. (U.S), Genuine Parts Company (U.S), CARiD.com (U.S), O'Reilly Auto Parts (U.S), AutoZone, Inc. (U.S), JEGS High Performance (U.S), K&N Engineering, Inc. (U.S) and others.
Asia Pacific is projected to be the largest market for Automotive E-tailing and is expected to be leading the market by the end of the forecasted period due to increasing internet penetration and adoption of new technologies such as smartphones in this region. Developing countries such as China, Japan and India are the key markets for high vehicle population in the Asia Pacific region.
Global Automotive E-tailing Market, By Region, 2016 (USD billion)
The report covers brief analysis of country level market information –
|Market Size||2030: USD 51,856.5 million|
|CAGR||12.4% CAGR (2022 to 2030)|
|Forecast Period||2022 to 2030|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Vendor Type, Components and Vehicles|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Advance Auto Parts, Inc. (U.S), Delticom AG (Germany), eBay Inc. (U.S), Rock Auto LLC. (U.S), Genuine Parts Company (U.S), CARiD.com (U.S), O'Reilly Auto Parts (U.S), AutoZone, Inc. (U.S), JEGS High Performance (U.S), K&N Engineering, Inc. (U.S)|
|Key Market Opportunities||The presence of numerous OEMs Rise in demand for sturdy automobiles|
|Key Market Drivers||Convenience in online shopping Availability of broad range of products Increasing investments in e-commerce platforms|
The automotive e-tailing market can thrive at 12.4% CAGR by 2030.
The automotive e-tailing market can value at USD 51,856.5 million by 2030.
O'Reilly Auto Parts (U.S), JEGS High Performance (U.S), AutoZone, Inc. (U.S), and K&N Engineering, Inc. (U.S) are some reputed companies in the automotive e-tailing market.
The presence of numerous OEMs and rise in demand for sturdy automobiles can surge the worldwide market of automotive e-tailing.
APAC housing giant automakers can hold the pole position in the global market of automotive e-tailing market, reveals MRFR.
Key Questions Answered
Why Choose Market Research Future?