Global Automotive E-Tailing Market Size By Component (Electrical Products, Engine Components, Infotainment, Interior Accessories), By Product Label (Counterfeit, Branded), By Vehicle Type (Two-Wheeler, Passenger Vehicle), By Geographic Scope And Forecast

Automotive E-Tailing Market Size And Forecast

Automotive E-Tailing Market size was valued at USD 56.32 Billion in 2024 and is projected to reach USD 137.47 Billion by 2031, growing at a CAGR of 11.8 % during the forecast period 2024-2031.

The Automotive E-Tailing Market is experiencing tremendous growth owing to the growing penetration of online shopping. In addition, the increasing sales of automobiles led to an increase in the demand for components and parts, thereby contributing to driving the market. The Global Automotive E-Tailing Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Automotive E-Tailing Market Definition

Automotive E-Tailing refers to the online selling of automotive components. The Global Automotive E-Tailing Market comprises a wide range of automotive components including infotainment-multimedia, interior accessories, powertrain, tires and wheels, and electrical and electronics products. The Global Automotive E-Tailing Market includes transactions that are conducted over an electronic network where the buyer and merchant are not physically present. Automotive E-Tailing includes both business-to-business and business-to-consumer sales. The Automotive E-Tailing Market caters to the requirement of passenger cars, commercial vehicles and two-wheelers. Automotive E-Tailing Market requires strong promotion and branding.

The companies are updating their product portfolio to meet the growing demand of customers and differentiate from their competitors. Automotive E-Tailing needs a strong distribution and logistics network for timely delivery of the product. Transparency in online transaction is also a major part of automotive E-Tailing to maintain customer loyalty and goodwill which will help the companies to increase their revenue.

Global Automotive E-Tailing Market Overview

The key driver for the growth of the Global Automotive E-Tailing Market includes increased penetration of the internet and online shopping. The automotive components are easily available on the internet at a discounted price. Another factor driving the Global Automotive E-Tailing Market is an increase in vehicle sales across the globe. In Asia-Pacific, India and China have emerged as the growing countries where vehicle sales have increased rapidly in past five years and the trend is likely to continue during the forecast period.

Additionally, in North America, the U.S. and Mexico have emerged as growing markets where vehicle sales have grown at significantly. Tire and wheels are widely sold through e-Tailing which it is likely to achieve the highest CAGR in the North American region during the forecast period (2017-2023). The availability of a wide range of products and hassle-free transactions with timely delivery is driving the Automotive E-Tailing Market in the region. A large number of e-retail players are also involved in selling automated components on their portal thus driving the market.

Additionally, the entry of global players such as Amazon, and Walmart in developing countries is driving the Global Automotive E-Tailing Market. Supportive government policies and 100% FDI provide new opportunities for the global players to invest in developing markets such as India and Brazil.

However, the major restraints identified in the market include a high rate of online payment fraud which is happening quite often these days. Delay is delivery of automotive components another drawback that restricts the end user to opt of E-Tailing. The lower internet penetration in countries such as India, Brazil, and Chile is affecting the growth of the market in Asia-Pacific which is the largest market for vehicle production and sales.

Global Automotive E-Tailing Market Segmentation Analysis

The Global Automotive E-Tailing Market is segmented on the basis of Component, Product label, Vehicle Type, and Geography.

Automotive E-Tailing Market, By Component

• Electrical Products
• Engine Components
• Infotainment
• Interior Accessories
• Tires

Based on Component, the market is bifurcated into Electrical Products, Engine Components, Infotainment, Interior Accessories, and Tires. The Interior Accessories hold the largest market share. The infotainment and multimedia is the collection of hardware and software which provides audio and video entertainment. These infotainment and multimedia systems includes applications such as dashboards, connectivity device comprises bluetooth, and the audio-video systems. Increasing demand for the advanced convenience and comfort systems will grow the market.

Automotive E-Tailing Market, By Product Label

• Counterfeit
• Branded

Based on Product Label, the market is bifurcated into Counterfeit and Branded. Branded hold the largest market share.

Automotive E-Tailing Market, By Vehicle Type

• Two-Wheeler
• Passenger Vehicle
• Commercial

Based on Vehicle Type, the market is bifurcated into Two-Wheeler, Passenger Vehicle, and Commercial. The passenger car segment is the fastest growing segment in the Global Automotive E-Tailing Market. The growth can be attributed to the growing sales of passenger cars across the globe coupled with the present passenger car population of about 1 billion. The increasing internet penetration, rise in the sales of passenger cars, existing vehicle population and the time and cost convenience of purchasing parts online are the major factors which are contributing to this growth.

Automotive E-Tailing Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

Let's break down the global market for selling cars online based on where they're located. North America, Europe, Asia-Pacific, and the rest of the world make up the different regions in this market. In 2016, North America was in the lead when it came to selling cars online, but by the end of the time we're looking at, Asia-Pacific is expected to take over as the top region. A few reasons for this shift are that there are a lot of small and medium-sized businesses selling cars online in Asia-Pacific, people there are spending more money on online shopping, and they're using more software and apps that run on the cloud and mobile devices. Asia-Pacific has the biggest piece of the cake in this market, and China is its star player. China has the most advanced technology for communication, a lot of people using the internet, and a huge number of cars on the road. That's why it's the biggest market, with the US trailing closely behind.

Key Players

The “Global Automotive E-Tailing Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Robert Bosch GmbH, Alibaba Group Holding Ltd., Autozone, Inc., Amazon.Com, Inc., Ebay Inc., Wal-Mart Stores, Inc., O’reilly Automotive Inc., Delticom AG., Flipkart and Advance Auto Parts, Inc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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Understanding the Market Landscape We'll dive into the market, studying both its financial and emotional aspects to identify different groups of customers with unique needs. We'll break down the market into segments and sub-segments, providing you with valuable insights into the size of each segment in billions of dollars. Predicting Market Trends We'll pinpoint the regions and segments set to explode in growth and dominate the market. Our analysis will reveal the factors driving these trends, helping you stay ahead of the curve. Exploring Regional Differences We'll map the consumption patterns of your product or service across different regions, understanding how cultural, economic, and social factors shape market dynamics in each area. Meet the Players We'll introduce you to the key players in the industry, ranking them based on their market share. We'll also track their recent moves, including new product launches, partnerships, and acquisitions, so you can stay informed about the competitive landscape. Company Deep Dives We'll provide in-depth profiles of the major market players, giving you a comprehensive overview of their strengths, weaknesses, and strategies. Our analysis will help you identify potential partners or competitors. Future Outlook We'll look into the future of the industry, examining growth drivers and challenges in both emerging and developed markets. This will help you plan your business strategy effectively. Industry Analysis We'll employ Porter's Five Forces analysis to understand the competitive forces shaping the market. We'll also explore the value chain to provide a comprehensive view of the industry's structure. Market Dynamics and Opportunities Our report will uncover the dynamics driving market growth, highlighting potential opportunities for your business. We'll also provide you with projections for future growth. Post-Sales Support After your purchase, our analysts will be available for six months to answer any questions and ensure you fully understand the report's insights.

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