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(Transportation-News.com, May 25, 2017 ) According to Publisher, the Global Automotive E-tailing market is estimated at $26.82 billion in 2016 and is expected to reach $57.89 billion by 2022 growing at a CAGR of 13.6% from 2016 to 2022. Some of the prominent drivers that the market is witnessing include growing demand for Omni-channel insights, rising popularity of e-commerce, independent access to online trade portals and convenience of online shopping. Moreover, favourable government regulations and increasing vehicle-age in circulation provides huge growth opportunity for the market. However, online payment frauds, lack of immediate product possession and growing consumer scepticism towards product quality are some factors hindering the market growth.
For more information http://www.reportsweb.com/automotive-e-tailing-global-market-outlook-2016-2022
Amongst Vendor Type, third party vendor segment registered significant growth owing to availability of broad range of products including features such as price comparison, customer reviews, and discounts. Asia-Pacific commanded the largest market share in the global market. The growth in this region is due to increasing trend of online shopping and rising vehicle sales. In addition, many OEMs have setup production facilities making India and China as the emerging markets for automobile sales and therefore making APAC as the largest market for the automotive E-tailing.
Some of the key players 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 GmbH and Wal-Mart Stores, Inc.
Product Labels Covered: -Counterfeit Label -Genuine Label Vendor Types Covered: -Third Party Vendor -OEM Vendor Components Covered: -Engine Components -Electrical Products -Infotainment and Multimedia -Tires and Wheel -Interior Accessories
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Vehicle Types Covered: -Two Wheeler -Commercial Vehicle -Passenger Car Regions Covered: -North America-US-Canada-Mexico -Europe-Germany-France-Italy-UK -Spain -Rest of Europe -Asia Pacific-Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World-Middle East-Brazil-Argentina-South Africa-Egypt
11 Company Profiling 11.1 Advance Auto Parts, Inc. 11.2 Alibaba Group Holding Ltd 11.3 Amazon.Com, Inc. 11.4 Autozone, Inc. 11.5 Delticom AG. 11.6 Ebay Inc. 11.7 Flipkart 11.8 O'reilly Automotive Inc. 11.9 Robert Bosch GmbH 11.10 Wal-Mart Stores, Inc.
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Source: EmailWire.Com
Source: EmailWire.com
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