Press release
Automotive E-Commerce Market 2017: Global Industry Analysis and Opportunity Assessment, Forecast to 2023
Automotive E-Commerce Market 2017
Summary:
Global Automotive E-Commerce Market Information By Product (Braking, Steering & Suspension, Universal Joints, Gaskets, Wipers, Filters, Lighting & Spark Plugs, Wheels and Tires) and Region - Forecast To 2023
Key Players
The key players of global Automotive E-Commerce Market report include -
Taobao (China)
eBay Inc. (U.S.)
Alibaba Group Holding Limited (China)
Wal-Mart Stores, Inc. (U.S.)
Snapdeal (India)
com, Inc. (China)
Denso Corporation (Japan)
American Tire Distributors Holdings, Inc.(U.S.)
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Market Synopsis
The global automotive e-commerce market is a very dynamic market and is expected to witness high growth over the forecast period. The global automotive e-commerce market is majorly driven by the growth of the e-commerce industry. The increase in the growth of e-commerce also indicates the rise in the acceptance of online shopping among people, which will drive the global automotive e-retail market. The automotive e-commerce market is driven by factors such as aging vehicle fleet, digitization of channels and interfaces, growth of global e-commerce industry, higher price transparency and greater diversity of parts. However, identification of the damaged parts, and installation of the online purchased parts are expected to hinder the market growth. Desktop PCs is the most popular device for placing online shopping orders but the use of mobile devices, especially smartphones, is also increasing, thus driving the growth of automotive e-commerce.
The automotive e-commerce market is undergoing various changes with evolving customer expectations, acceleration of technological innovation, and shifts in competitive power. New technologies and major shifts in the aftermarket industry will be crucial factors for the players in order to maintain strong positions in the years to come. The global automotive e-commerce market has been segmented, based on products, of which the braking segment accounted for the largest market share of 28.9% in 2016. This segment is projected to grow at 7.55% CAGR during the forecast period. Filters segment stand at the second place, and are expected to grow further in the forecast period. Automotive e-commerce market is expected to reach market size of USD 24 Million by 2023 at a CAGR of more than 6%.
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Table of Contents
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Automotive Ignition System Market, By Type
5 Global Automotive Ignition System Market, By Components
6 Regional Market Analysis
7 Competitive Analysis
Continued…….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
CONTACT US:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
akash.anand@marketresearchfuture.com
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