E-tailing Market Analysis And Demand With Forecast To 2022

Summary

Global E-tailing Market Information Report by Vendor Type (OEM Vendor, Third Party Vendor), by Components (Electrical & Electronics, Chassis, Powertrain), by Vehicles (Commercial Vehicles, Non Commercial Vehicles) and by Region - Global Forecast to 2022

E-tailing Market Overview

E-tailing is the fastest growing sales channel of the automotive industry and is expanding briskly. Market Research Future (MRFR) predicts the E-tailing market to reach USD 55.22 Billion by the end of 2022, growing at a CAGR of 12%.

 

The rapid expansion of the automotive industry in emerging economies also aids the growth of the E-tailing market. Feature comparison, availability of goods at a discounted price and customer reviews also boost the growth of the market.

Competitive Landscape

The key players operating in the market include Advance Auto Parts, Inc. (U.S), eBay Inc. (U.S), Genuine Parts Company (U.S), O'Reilly Auto Parts (U.S), JEGS High Performance (U.S), Delticom AG (Germany), Rock Auto LLC. (U.S), CARiD.com (U.S), AutoZone, Inc. (U.S), K&N Engineering, Inc. (U.S) and others.

Segmentation

The global E-tailing market has been segmented based on vendor type, component, and vehicles. By vendor type, the market has been segmented into OEM Vendor and Third Party Vendor. By component, the market has been segmented Electrical & Electronics, Chassis, and Powertrain. By vehicles, the market has been segmented into commercial cars and non-commercial vehicles.

Regional Analysis

The key markets of the global E-tailing market are North America, South America, Europe, Asia-Pacific and the Middle East & Africa. The Asia-Pacific market accounts for the largest share of the market owing to rising internet penetration and proliferation of smartphones in the region. China and India re the key contributors in the region due to high vehicle population. North America market is also consolidated due to a high inclination towards e-tailing in the region.

Industry Updates

• In April 2018, Hero MotoCorp, an automotive company launched an e-commerce portal to sell authentic hero parts and accessories for two-wheelers. The company has partnered with Delhivery, an Indian logistics company for delivering parts to its customers across India.


• In June 2018, eBay Canada announced the availability of a new automotive parts compatibility feature called Fitment. The feature will make it easier for buyers to search for parts and accessories.


• In June 2018, Xevo and TomTom announced a partnership to combine Xevo market platform with TomTom's map and navigation expertise. The partnership would offer an opportunity to extend in-vehicle personalization and make navigation experience better and smarter.

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