We are monitoring the impact of COVID-19 on Automotive E-Commerce Market Get in touch with us for detailed analysis Know More
Pulished Date November, 2021
ID: 12412
Share on
Share on

Automotive E-Commerce Market Segmentation by Component (Infotainment & Multimedia, Engine Components, Tyres & Wheels, Interior Accessories, and Electrical Products); By Vendors (OEM and Third-Party); Vehicle (Passenger Cars, Commercial Vehicles, and Two-Wheelers) - Demand Analysis & Opportunity Outlook 2026

Pulished: November, 2021
ID: 12412
Pages: 175

Automotive E-Commerce Market Size, Growth, Trends & Forecast (2021 - 2026)

In the automotive e-commerce market, B2C and B2B customers can buy parts, accessories, and services for everything from sport motorcycles to trucks. Brands are creating shops on online platforms all around the world, modernising their online storefront channels, and launching multi-channel campaigns to increase their market share. Demos, reviews, and product-specific information can help customers understand the product more quickly, allowing these businesses to attract more customers. As a result, worldwide e-commerce adoption is expected to boost the automotive e-commerce industry over the forecast period.

Automotive E-Commerce Market Recent Developments

Advance Auto Parts, a car parts company, launched Carquest by Advance in November 2021, aimed at do-it-yourself auto repair and independent owners who benefit from Advance's operations and merchandising support.

Alibaba, the Chinese e-commerce giant, owns a stake in Transfar Shipping, a new liner operator that began service in August 2021 with China-US west coast sailings.

Brandmotion LLC and DENSO Products and Services Americas have teamed up to provide a one-stop-shop for cities looking to outfit vehicles with advanced vehicle-to-everything (V2X) technology.

Marriott International, Inc. and Rakuten Group, Inc. have announced an industry-first strategic relationship that will benefit millions of Japanese consumers travelling both domestically and internationally.

Automotive E-Commerce Market Drivers

The availability of a wide selection of autos, auto parts, and components on the internet is propelling the market forward. Automobile customers are increasingly preferring to order parts and components from the auto industry online. As a result, there is a significant change in this business toward automotive e-commerce platforms. Because the industry is so competitive, suppliers are focusing their efforts on providing services such as vehicle service appointments, used vehicle purchases, and trade-ins. In addition, they are pursuing competitive pricing models to obtain a competitive advantage over traditional merchants.

Automotive E-Commerce Market Restraints

Market growth is projected to be restricted by the rising availability of counterfeit car parts and components. Various firms produce knockoffs of real auto parts and sell them at a reduced cost. Tie rods, steering arms, windshields, tail lamps, headlamps, bumpers, and filters are common targets of the counterfeit market since they are easy to replicate and have a high turnover rate. The global market for counterfeit car parts is increasing due to an increase in the number of auto component producers. These parts are of poor quality and break down frequently. This creates a poor image, which has an impact on automobile e-commerce sales.

Automotive E-Commerce Market Segmentation

Component: the market is segmented into infotainment & multimedia, engine components, tyres & wheels, interior accessories, and electrical products.

The engine components category has the majority of the market share because of the continual growth in the ageing of cars and vehicles in use. Pistons and rings, bearings, the engine block and cylinder heads, as well as valves and filters, are all parts of an engine.

Vendor: The market is segmented into OEM vendors and third-party vendors.

The third-party vendor type segment has the largest market share and is expected to continue to do so during the projection period. This is due to third-party vendors' ability to meet client expectations through speedy delivery and a superior service network, as well as their participation in discount schemes to attract customers.

Most OEMs are facing several challenges in their business operations, including supply chain disruptions, a decrease in vehicle component import and export, and transportation restrictions on non-essential goods.

Vehicle: The market is segmented into passenger cars, commercial vehicles, and two-wheelers.

The passenger car segment has the largest market share and is expected to continue to do so during the projection period. This is due to the increase in passenger vehicle sales. To improve the customer experience, e-retailers use optimised and advanced search engines. End-users can use such search engines to filter passenger automobiles based on a variety of criteria, including vehicle specifications, pricing, vehicle trim, vehicle make, vehicle amenities, and exterior colour. Most suppliers also allow customers to compare different passenger cars, which aids in their purchasing decision.

Automotive E-Commerce Market Regional Analysis

The market would be dominated by the North American region due to expanding desire for hassle-free purchasing, the presence of well-developed infrastructure, regional customers' growing preference for online shopping, and the strong demand for premium and luxury cars.

The sector in the Asia Pacific is expected to emerge as one of the most profitable regional marketplaces due to the presence of major automotive e-commerce enterprises in the region, such as Alibaba Group, Amazon.com, Ebay Inc., and Flipkart Internet Private Limited. Government initiatives such as Digital India, as well as partnerships between brick-and-mortar merchants and e-commerce platform providers, are likely to further bolster the industry. Furthermore, Europe is expected to become the second-fastest-growing market between 2021 and 2026, with a CAGR of 22.4 per cent.

Automotive E-Commerce Market Leader

Robert Bosch is the largest automotive component manufacturer and the Alibaba Group is the largest online retailer in the automotive e-commerce market.

Automotive E-Commerce Market Key Players

  1. AutoZone Inc (US)
  2. Amazon (US)
  3. eBay (US)
  4. Wal-mart Stores (US)
  5. O’Reilly Auto Parts (US)
  6. Advanced Auto Parts (US)
  7. Delticom AG (Germany)
  8. Flipkart (India)
  9. Rakuten (Japan)
  10. Denso (Japan)

Impact of COVID-19 of Automotive E-Commerce Market

The global COVID-19 epidemic has posed new hurdles to the e-commerce industry in terms of customer behaviour, supply chain issues, and economic prospects. The epidemic has caused a shift in consumer behaviour and activity, which has had a direct impact on the e-commerce business. Shopping for everything but necessities is becoming the new normal. To fulfil shifting needs, brands must adapt and be flexible.

The global coronavirus epidemic has had a considerable impact on manufacturing processes. Lockdowns imposed in many regions of the world have put supply networks in peril, and goods shortages are becoming apparent. Businesses that formerly relied on offline sales channels are now shifting their operations to the digital realm. Though the pandemic has had a detrimental impact on the majority of company sectors around the world, automobile e-commerce can help firms get back on track by providing better safety and convenience of purchase for clients.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Automotive E-Commerce Market, By Component            

                    6.1.1 Infotainment & Multimedia 

                    6.1.2 Engine Components 

                    6.1.3 Tyres & Wheels        

                    6.1.4 Interior Accessories  

                    6.1.5 Electrical Products    

                    6.1.6 Market Size Estimations & Forecasts (2021-2026)        

                    6.1.7 Y-o-Y Growth Rate Analysis         

                    6.1.8 Market Attractiveness Index         

          6.2 Automotive E-Commerce Market, By Vendors                 

                    6.2.1 OEM    

                    6.2.2 Third-Party    

                    6.2.3 Market Size Estimations & Forecasts (2021-2026)        

                    6.2.4 Y-o-Y Growth Rate Analysis         

                    6.2.5 Market Attractiveness Index         

          6.3 Automotive E-Commerce Market, By Vehicle                  

                    6.3.1 Passenger Cars        

                    6.3.2 Commercial Vehicles

                    6.3.3 Two-Wheelers

                    6.3.4 Market Size Estimations & Forecasts (2021-2026)        

                    6.3.5 Y-o-Y Growth Rate Analysis         

                    6.3.6 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Automotive E-Commerce Market, by Region                  

          7.2 North America - Market Analysis (2021 - 2026)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Component         

                    7.2.3 By Vendors    

                    7.2.4 By Vehicle      

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Component         

                    7.3.3 By Vendors    

                    7.3.4 By Vehicle      

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Component         

                    7.4.3 By Vendors    

                    7.4.4 By Vehicle      

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Component         

                    7.5.3 By Vendors    

                    7.5.4 By Vehicle      

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Component         

                    7.6.3 By Vendors    

                    7.6.4 By Vehicle      

8. Key Player Analysis                           

          8.1 AutoZone Inc              

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Amazon           

          8.3 eBay                 

          8.4 Wal-mart Stores                   

          8.5 O’Reilly Auto Parts                

          8.6 Advanced Auto Parts             

          8.7 Delticom AG               

          8.8 Flipkart            

          8.9 Rakuten           

          8.10 Denso            

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by Shielding Type, by Heat Application, Application, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Automotive E-Commerce Market By Region, From 2021-2026 ( USD Billion )
  2. Global Automotive E-Commerce Market By Component, From 2021-2026 ( USD Billion )
  3. Global Infotainment & Multimedia Market By Region, From 2021-2026 ( USD Billion )
  4. Global Engine Components Market By Region, From 2021-2026 ( USD Billion )
  5. Global Tyres & Wheels Market By Region, From 2021-2026 ( USD Billion )
  6. Global Interior Accessories Market By Region, From 2021-2026 ( USD Billion )
  7. Global Electrical Products Market By Region, From 2021-2026 ( USD Billion )
  8. Global Automotive E-Commerce Market By Vendors, From 2021-2026 ( USD Billion )
  9. Global OEM Market By Region, From 2021-2026 ( USD Billion )
  10. Global Third-Party Market By Region, From 2021-2026 ( USD Billion )
  11. Global Automotive E-Commerce Market By Vehicle, From 2021-2026 ( USD Billion )
  12. Global Passenger Cars Market By Region, From 2021-2026 ( USD Billion )
  13. Global Commercial Vehicles Market By Region, From 2021-2026 ( USD Billion )
  14. Global Two-Wheelers Market By Region, From 2021-2026 ( USD Billion )

Please wait. . . . Your request is being processed

LICENCE TYPE

$ 1234 4255

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample