SummaryGlobal Automotive 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
Automotive E-tailing Market Overview
E-commerce has gone beyond tangible and virtual channels as retailers and brands carry on their investments in the digital channels to develop their business while manipulating privacy, data, and logistical issues.
Market Research Future (MRFR) predicts the automotive e-tailing market to reach USD 55.22 Billion by the end of 2022, growing at a CAGR of 12%.
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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 automotive 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 automotive 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 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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