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Automotive E-Commerce Market Analysis From 2018 To 2023: By Trends, Size, Share, Key Players Like Amazon, Alibaba, Wal-Mart, Taobao

03-27-2018 02:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Automotive E-Commerce Market Analysis From 2018 To 2023:

Automotive E-Commerce Market Size, Share, Sales, Trends and Competitive Analysis Global Research Report 2018 of 100 pages expands comprehensive information on Automotive E-Commerce Market by Product (Braking, Steering & Suspension, Universal Joints, Gaskets, Wipers, Filters, Lighting & Spark Plugs, Wheels and Tires) and Region - Forecast To 2023. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

Automotive E-Commerce Market Companies Analyzed in report: Amazon.com, Inc. (U.S.), Taobao (China), eBay Inc. (U.S.), Tmall.com (China), Alibaba Group Holding Limited (China), Wal-Mart Stores, Inc. (U.S.), Snapdeal (India), JD.com, Inc. (China), Denso Corporation (Japan), and American Tire Distributors Holdings, Inc.(U.S.).

Get Sample Report @ https://www.marketresearchfuture.com/sample_request/4682

Global Automotive E-Commerce Market Analysis:

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%.

Automotive E-Commerce Market Segmentation: By Product (Braking, Steering & Suspension, Universal Joints, Gaskets, Wipers, Filters, Lighting & Spark Plugs, Wheels and Tires) and Region Forecast To 2023.

Automotive E-Commerce Market Regional Analysis:

North America leads the global e-commerce automotive aftermarket. Many brick and mortar stores in the region leverage third party e-commerce platform to sell their products along with their own e-commerce portal. The auto parts sector is expected to see significant growth as automakers continue to expand in the U.S. and Mexico. Moreover, Europe is one of the major markets for automotive e-commerce, propelled by the growth in e-commerce. The adoption of e-commerce ensures a greater degree of flexibility and customization spending by purchasers of the automotive components. The growing inclination of consumers toward cross border online shopping, highlights an increasing realization that buying from another country can provide lower prices and a wider range of products or brands.

Scope of the Report:

This study provides an overview of the global automotive e-commerce market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.

The scope of the study segments the global automotive e-commerce market by its product and region.

By Product:

Braking

Steering & Suspension

Universal Joints

Gaskets

Wipers

Filters

Lighting & Spark Plugs

Wheels

Tires

By Region:

North America

Asia Pacific

Europe

Rest of the World

Get More Report Details @ https://www.marketresearchfuture.com/reports/automotive-ecommerce-market-4682

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:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

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