Press release
Automotive E-Tailing Market Research Report by Technological Development, Applications, Industry Survey And Forecast to 2023
The global automotive E-Tailing market has been segmented into different component which include infotainment system, interior accessories, engine parts, tires and wheels, and electrical products.
Explore The Report Description At: www.psmarketresearch.com/market-analysis/automotive-e-tailing-market
In 2016, Asia-Pacific dominated the global automotive E-Tailing market with over 44% share. The Asia-Pacific E-Tailing market is expected to grow at a CAGR of 13.7% supported by the largest market in China followed by India and Japan in during the forecast period. Such growth is likely to be driven by increase in GDP and rapid economic growth in developing countries such as India and China. Additionally, the European market for automotive E-Tailing is expected to grow at a significant CAGR during the forecast period, owing to growing number of internet users and increasing number of component suppliers in in developed countries such as Germany and the U.K. Moreover, the North American E-Tailing market is dominated by the U.S., which is growing at the highest CAGR due to wide number of stores offering product and services online.
The key driver for the growth of the global automotive E-Tailing market includes increased penetration of internet and online shopping. The automotive components are easily available on the internet at discounted price. Another factor driving the global automotive E-Tailing industry is increase in vehicle sales across the globe. In Asia-Pacific, India and China has emerged as the growing countries where the vehicle sales have increased rapidly in past five years and the trend is likely to continue during the forecast period.
Download Free Report Sample: www.psmarketresearch.com/market-analysis/automotive-e-tailing-market/report-sample
Some of the major players involved in the market include Advance Auto Parts, Inc., Alibaba Group Holding Ltd., Amazon.com, Inc., AutoZone, Inc., Delticom AG, eBay Inc., Flipkart, O'Reilly Automotive Inc., Robert Bosch and Wal-Mart Stores, Inc.
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P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports, business intelligence and research based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.
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