Automotive E-tailing market is expected to register a CAGR of about 12% during the forecast period, to reach USD 55.22 Billion by 2022.
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.
Study Objectives 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.
Regional Analysis of Automotive E-tailing Market
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 : Significant Value|
|CAGR||12% 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||
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
The automotive e-tailing market can thrive at 12% CAGR by 2022.
The automotive e-tailing market can value at USD 55.22 Bn by 2022.
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.