About E-Retailing In Automotive-
E-tailing, often known as electronic retailing or internet retailing, refers to any online business-to-consumer (B2C) transaction. Vehicle e-tailing refers to the sale of automotive components through the internet. The retail and service of automobiles is a big industry. Essentially, there are two categories of actors in this industry: those who sell replacement automotive parts and accessories, and those who sell new and used vehicles through dealerships or the internet.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global E-Retailing In Automotive- market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Robert Bosch GmbH (Germany), Continental AG (Germany), AutoZone Inc. (United States), Amazon.com Inc. (United States), Alibaba Group Holding Ltd. (China), Wal-Mart Stores Inc. (United States), Ebay Inc. (United States), Delticom AG (Germany), Advance Auto Parts, Inc. (United States) and Flipkart (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are O’Reilly Automotive Inc. (United States), Tesla (United States), BMW (Germany), NIO (China) and Hyundai (South Korea).
Segmentation Overview
AMA Research has segmented the market of Global E-Retailing In Automotive- market by and Region.
On the basis of geography, the market of E-Retailing In Automotive- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Informational and Multimedia will boost the E-Retailing In Automotive- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Consumer, the sub-segment i.e. B2B will boost the E-Retailing In Automotive- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicle , the sub-segment i.e. Passenger will boost the E-Retailing In Automotive- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Popularity of Online Channels
Market Growth Drivers:
Increase in Awareness and Bend toward the use of Internet by Customers and Increase in Investments in e-commerce Platforms
Challenges:
Increasing Presence of Counterfeiting Automotive Parts and Aggressive Pricing Create
Restraints:
Lack of Efficient Operational Activities and Frauds Related to Online Transaction
Opportunities:
Rise in Sale of Passenger Car and Growth in Small and Mid-size Businesses with Increased Expenditure on E-commerce Platforms
Market Leaders and their expansionary development strategies
In December 2023, CarMax, Inc., a leading used car retailer in the US, announced the acquisition of Carro, Inc., a Southeast Asian online used car platform. This move expands CarMax's global reach and its online presence, potentially paving the way for further digital transformation in the used car market.
In 2021, Alibaba launched a new chip designed for servers as it looks to boost it the competitiveness of its cloud computing business. Alibaba sees cloud computing as a key part of its future growth and is looking to challenge U.S. giants including Amazon and Microsoft on the global stage.
Key Target Audience
Automotive Aftermarket OEMs and Third Party Vendors, Automotive OEM Manufacturers, E-tailing Service Providers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.