Global Automotive E-Tailing Market: Overview
The global market for automotive
e-tailing has gained immense traction in recent times, mostly
due to a rising inclination towards internet-based shopping. E-tailing or
electronic retailing is a system that enables the purchase of products and
services from public access websites. Automotive parts and components have also
become available for purchase across several websites, thus, giving rise to
automotive e-tailing. The automotive industry is characterized by a high-level
of specialization and a wide range of products that need to be continually
supplied to the market. It is due to this reason that online selling channels
for automotive products have taken shape, and are expected to keep growing over
the coming years. The market for automotive e-tailing is expected to grow
alongside a widening consumer base for automotive parts and components.
In order to provide a comprehensive outlook on the global
market for automotive e-tailing, the market has been segmented based on the
following parameters: type of vendor, type of service, and geography. It
is important to understand the forces operating in each of the regional market
to understand the overall market.
A report produced by Transparency Market Research (TMR)
enunciates key market dynamics pertaining to the global market for e-tailing.
The report succinctly explains each of the factors that are projected to
contribute to the growth of the market over the coming years. Furthermore, an
employable methodology has been used to draw inferences about the progress of
the market over the coming years.
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Global Automotive E-Tailing Market: Trends and
Opportunities
E-commerce has emerged as a wide area of business in the
contemporary times, and several new products and services can now be purchased
via online channels. Moreover, businesses as well as individuals are showing a
propensity to buy essential products online rather than wasting time in the
spatial markets. The aforementioned trend holds true for the automotive
industry as well, resulting in bulk order for automotive parts and components
at e-commerce websites. Hence, the global market for automotive parts is
surging ahead at a boisterous pace, and is expected to keep attracting positive
demand from the masses. Moreover, the option of same-day delivery has been an
attractive pursuit for the customers which also propels demand within the
automotive e-tailing market. The conventional mortar and brick stores do not
offer a range of products as wide as is available through automotive e-tailing.
Hence, the customers resort to e-tailing to weigh their options and choose
wisely from a wide array of products. The automotive technicians are also
shifting towards e-tailing from the previous ways of shopping from mortar and
brick stores.
Despite the growing popularity of e-tailing, the mortar and
brick stores currently to a wider consumer base as against e-tailing websites.
Notwithstanding this hindrance, the adoption of electric and hybrid vehicles
has been increasing across the globe which is expected to reap positive results
for the market.
Global Automotive E-Tailing Market: Regional Outlook
The market in North America is prognosticated to dominate
all other regional segments owing to dual reasons; first, the prominence of the
e-commerce industry in the region, and secondly, the wide product portfolio of
the automotive sector. Moreover, U.S., Mexico, and Canada have shown an
inclination towards e-tailing, thus, contributing to the growth of the regional
market.
Global Automotive E-Tailing Market: Competitive Landscape
Some of the key players in the global market for automotive
e-tailing are Amazon (the U.S), Alibaba Group Holding Ltd. (China), eBay Motors
(the U.S), and AutoZone, Inc. (the U.S).
Global Automotive E-Tailing Market: By Vendor Type
- OEM
vendors
- Aftermarket
vendors
Global Automotive E-Tailing Market: By Service Type
- DIY
- DIFM
Global Automotive E-Tailing Market: By Geography
- North
America
- Latin
America
- Eastern
Europe
- Western
Europe
- The
Middle East and Africa
- Asia
Pacific
This report gives access to decisive data, such as:
- Market
growth drivers
- Factors
limiting market growth
- Current
market trends
- Market
structure
- Market
projections for the coming years
Key highlights of this report include:
- Overview
of key market forces propelling and restraining market growth
- Up-to-date
analyses of market trends and technological improvements
- Pin-point
analyses of market competition dynamics to offer you a competitive edge
- An
analysis of strategies of major competitors
- An
array of graphics and SWOT analysis of major industry segments
- Detailed
analyses of industry trends
- A
well-defined technological growth map with an impact-analysis
- Offers
a clear understanding of the competitive landscape and key product
segments
This study by TMR is all-encompassing framework of the
dynamics of the market. It mainly comprises critical assessment of consumers'
or customers' journeys, current and emerging avenues, and strategic framework
to enable CXOs take effective decisions.
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The study strives to evaluate the current and future growth
prospects, untapped avenues, factors shaping their revenue potential, and demand
and consumption patterns in the global market by breaking it into region-wise
assessment.
The following
regional segments are covered comprehensively:
- North
America
- Asia
Pacific
- Europe
- Latin
America
- The
Middle East and Africa
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