E-Commerce Market Global Automotive Industry Analysis By Amazon, Alibaba, eBay, Taobao, Tmall, , Wal-Mart Stores, Snapdeal, Denso Corporation, and American Tire Distributors Holdings 2018 To 2023

Automotive E-Commerce Market Report 2018 is latest research report published by Market Research Future, according to study Global the global Automotive E-Commerce Market is to grow at 6% CAGR By 2023. This Automotive E-Commerce Industry growth is boosted by factors such as aging vehicle fleet, growth of global e-commerce industry, and digitization of channels and interfaces. Factors such as higher price transparency, and greater diversity of parts also support its growth. Rise in internet penetration, per capita income of the consumers, and the number of online shoppers also add to the growth.

The e-retail industry has hit it big in the past decade. Individuals have started choosing online shopping over the traditional means of buying goods. This has worked in the favor of the global market for automotive e-commerce. As per the research report published by MRFR (Market Research Future), this market will grow by leaps and bounds during the forecast period of 2017-2023.

The e-commerce industry has established its hold all across the globe. Owing to this fact it can be confidently asserted that the global market for automotive e-commerce will experience tremendous growth in the upcoming years. Figuratively, the market is anticipated to earn around USD 24 million by the end of the projection period.

Automotive E-Commerce Market Key Company Analyzed In Report Are:

Amazon.com, Inc. (U.S.), eBay Inc. (U.S.), Taobao (China), Tmall.com (China), and Alibaba Group Holding Limited (China). Wal-Mart Stores, Inc. (U.S.), JD.com, Inc. (China), Snapdeal (India), Denso Corporation (Japan), and American Tire Distributors Holdings, Inc. (U.S.) are among others.

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Market Segmentation

The worldwide market for automotive e-commerce has been segmented into one single part. It is listed below along with its sub-segments. Types – Universal joints, wipers, braking, gaskets and steering & suspension. Out of these, the braking sub-division totaled for the largest market share of 28.9% back in the year 2016. In the years that will follow, this segment will continue to grow. It is estimated to generate a staggering revenue. The CAGR for this segment over the forecast period is believed to be 7.55%.

Comprehensive Regional Analysis

The automotive e-commerce market is not constrained in terms of region, it has been quite successful in establishing a stronghold all across the world. The major reasons where the presence of this market can be observed are North America, Asia Pacific, Europe and Rest of the World. After careful analysis of all the regional growth trends in the aforementioned areas, the report by MRFR (Market Research Future) concluded that North America led the market region-wise. It can be attributed to the presence of several brick and mortar stores that the third party e-commerce platform sellers can utilize to sell their products. Europe follows suit and is expected to witness rapid progression over the forecast period at an impressive CAGR.

The highly competitive market of automotive e-commerce appears to be fragmented. Players in the market are collaborating with parts and repair information systems for promoting their businesses. They also try to provide repair manuals and webinars, enabling the customers with the proper installation of the automotive parts.

E-retailers also offer professional customer hotline to ensure that the right parts are ordered. To maintain their market position these players incorporate collaboration, acquisition, partnership, technology launch, and expansion.

Industry News:

April 4, 2018 – Recently an e-commerce platform Carvana that specializes in retailing used cars announced its expansion in Lexington. The buyers can use this website to get access to more than 10,000 cars and their parts. This expansion is expected to work in the favor of the market and boost the business for the same.

List of Tables:

Table 1 Global Automotive E-Commerce Market: By Region, 2017-2023

Table 2 North America Automotive E-Commerce Market: By Country, 2017-2023

Table 3 Europe Automotive E-Commerce Market: By Country, 2017-2023

Table 4 Asia Pacific Automotive E-Commerce Market: By Country, 2017-2023

Table 5 RoW Automotive E-Commerce Market: By Country, 2017-2023

Table 6 Global Automotive E-Commerce Market, By Components, By Regions, 2017-2023

Table 7 North America Automotive E-Commerce Market, By Components, By Country, 2017-2023

Table 8 Europe Automotive E-Commerce Market, By Resin Components, By Country, 2017-2023

Table 9 Asia Pacific Automotive E-Commerce Market, By Components, By Country, 2017-2023

Table 10 RoW Automotive E-Commerce Market, By Components, By Country, 2017-2023

Continued…

List of Figures:

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL AUTOMOTIVE E-COMMERCE MARKET SHARE, BY COPONENTS, 2016 (%)

FIGURE 9 GLOBAL AUTOMOTIVE E-COMMERCE MARKET, BY COMPONENTS, 2015-2023 (USD MILLION)

FIGURE 10 GLOBAL AUTOMOTIVE E-COMMERCE MARKET SHARE, BY CONSUMER, 2016 (%)

Continued…

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