Global Trends on Automotive E-retail - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2025
Press
Release - 16 April 2018
Global
Research and Development News
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Report
Description-
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Presently, there is a growing trend of
purchasing and selling automotive parts through online platforms.
Rising number of e-commerce sites offer online platforms to buy and
sell automotive parts. This indicates high demand trajectories for
the automotive e-retail market during the forecast period.
With the rise in e-commerce business, the
automotive e-retail market is witnessing flourishing growth rate in
recent years. Emerging economies such as India, China, and South
Korea are experiencing a rise in disposable income. With constant
improvement in development policies, income inequalities in these
regions have seen a declining trend which improves per capita income.
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Rising per capita income coupled with
growing investment in telecommunication networks improves the
purchasing power of individuals and that increases their spending on
electronic goods. Increase in the number of smartphone users is
expected to drive the growth prospects of the automotive e-retail
market during the forecast period. Rising income opportunity owing to
the expansion of the global job market projects high growth
trajectory for ecommerce industry. With the constant advancement in
technology, online shopping in ecommerce sites become very easy and
that is projected to drive the prospects of the automotive e-retail
market during the forecast period. Growing economies such as in the
Middle East, Africa, and Latin America are seeing a rise in online
shoppers. This would drive the market prospects of the automotive
e-retail market during the forecast period.
However, this service is severely impacted owing
to the threat of cyber crime. In case of e-retail, shopping consumers
have to share their confidential payment information with online
vendors and this may lead to leakage of confidential information to
untrusted users. Due to the frequent incidents of cyber crime, demand
prospects of automotive e-retail is expected to stagnate and this
factor acts as a restraint to this market over the forecast period.
Increasing population coupled with rising sale of
electric two wheelers is fueling growth potential of the automotive
e-retail market over the forecast period. Owing to rising population
and fluctuation in fuel price, individuals have growing preference
toward environment friendly electric vehicles which is driving the
growth of the automotive e-retail market. With rising concerns
related to global warming, governments are trying to curb the usage
of petroleum based fuel products as much as possible and this leads
to increasing demand for electric vehicles. These factors are
anticipated to drive the automotive e-retail market over the forecast
period.
On the basis of product type, the automotive
e-retail market is segmented into two wheelers and passenger cars.
Passenger cars held the largest share in recent years and this
segment is expected to retain its dominance over the forecast period.
The U.S. and many European countries such as Germany, the U.K, Italy,
and Spain witness extensive automotive retailing and that projects
high growth trajectory for this market over the forecast period.
Increasing internet penetration coupled with greater convenience of
online shopping lead individuals to buy passengers cars from online
platforms. Therefore, expansive growth potential of the ecommerce
industry is likely to promote the growth potential of the automotive
e-retail market over the forecast period.
According to geographic locations, the automotive
e-retail market is segmented into five regions: North America,
Europe, Asia Pacific, Middle East & Africa (MEA), and Latin
America. The U.S accounted for the dominant share of the automotive
e-retail market in recent years. Growing ecommerce business and
rising employment rate facilitates the growth potential of this
market in this region. Moreover, automotive dealers and retail
vendors enter into collaborations and that drives the retailing of
automotive parts and vehicles through online platforms. Asia Pacific
is likely to be the fastest growing region in the automotive e-retail
market during the forecast period. Many emerging economies such as
India, China, and South Korea will trigger the growth of the
automotive e-retail market over the forecast period.
Some of the key players of the automotive e-retail
market include Amazon, Paytm, Alibaba group, Flipkart and others.
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The report offers a comprehensive evaluation of the market.
It does so via in-depth qualitative insights, historical data, and
verifiable projections about market size. The projections featured in
the report have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive
primary research (through interviews, surveys, and observations of
seasoned analysts) and secondary research (which entails reputable
paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative
assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value
chain.
A separate analysis of prevailing trends in the
parent market, macro- and micro-economic indicators, and regulations
and mandates is included under the purview of the study. By doing so,
the report projects the attractiveness of each major segment over the
forecast period.
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
– More
Clear Details get Table of Contents
https://www.researchmoz.us/automotive-eretail-market-global-industry-analysis-size-share-growth-trends-and-forecast-2017-2025-report.html#table-of-content
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