PUBLISHER: The Business Research Company | PRODUCT CODE: 1702841
PUBLISHER: The Business Research Company | PRODUCT CODE: 1702841
Automotive e-tailing involves the online retail of automotive products and services, including parts, accessories, and vehicles. It utilizes e-commerce platforms to support sales and improve customer experiences. This model enables consumers to browse, compare, and purchase automotive items directly from their devices, simplifying the shopping process.
Key components of automotive e-tailing include electrical products essential for a vehicle's electrical system, such as batteries, alternators, starters, and wiring systems, ensuring optimal vehicle performance and functionality of electronic features. Other components encompass engine parts, infotainment systems, interior accessories, and tires, catering to different vehicle types including two-wheelers, passenger vehicles, and commercial vehicles. These products are offered by various vendors including original equipment manufacturers (OEMs) and third-party sellers, providing consumers with options ranging from branded items to alternatives.
The automotive e-tailing market research report is one of a series of new reports from The Business Research Company that provides automotive e-tailing market statistics, including the automotive e-tailing industry global market size, regional shares, competitors with automotive e-tailing market share, detailed automotive e-tailing market segments, market trends, and opportunities, and any further data you may need to thrive in the automotive e-tailing industry. These automotive e-tailing market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The automotive E-tailing market size has grown rapidly in recent years. It will grow from $56.79 billion in 2024 to $64.58 billion in 2025 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to increasing internet penetration, growth of e-commerce platforms, improving logistics and delivery systems, the proliferation of secure and convenient digital payment, and increasing digital payment.
The automotive E-tailing market size is expected to see rapid growth in the next few years. It will grow to $107.41 billion in 2029 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to the increasing use of mobile commerce, rising adoption of EVs, expansion of Aftermarket Services, increasing awareness and demand for sustainable and eco-friendly automotive products, and increasing penetration of online shopping. Major trends in the forecast period include the increasing use of advanced technologies, growth of mobile commerce, the surge in demand for EV parts and accessories, rising consumer demand for eco-friendly and sustainable automotive parts, and enhanced logistics and supply chain innovations.
The expanding reach of the internet is set to drive growth in the automotive e-tailing market moving forward. Internet penetration, which measures the proportion of the population using online connectivity for enhanced digital interactions, is on the rise due to factors such as affordability, societal connectivity, and economic opportunities, driving a surge in digital transformation. This accessibility enables automotive e-tailers to engage a global audience, facilitating price comparisons and informed purchasing decisions. Digital marketing strategies are utilized by e-tailers to attract customers, foster interaction, and cultivate brand loyalty. For instance, as of February 2024, the International Telecommunication Union (ITU) reported that approximately 5.4 billion people, equivalent to 67% of the global population, accessed the Internet in 2023, marking a 45% increase over the preceding two years. Hence, the increasing penetration of the internet is fueling the expansion of the automotive e-tailing market.
Key players in the automotive e-tailing sector are innovating with solutions such as digital lending platforms to address challenges associated with online vehicle sales and enhance the customer purchasing journey. These platforms enable automotive manufacturers, dealerships, aggregator platforms, and lenders to offer seamless digital retail experiences, making automotive financing accessible, paperless, and instant for all eligible applicants. For example, in February 2022, Kuwy Technology Service Pvt Ltd., an India-based automotive fintech platform specializing in automated lending, introduced KUWYLaaS, a comprehensive digital lending service. KUWYLaaS integrates the entire car finance process through its API suite, enabling functionalities such as digital credit application submission, real-time loan decision-making, lender selection, integrated counteroffer capabilities, and access to Kuwy's patented vehicle transfer platform. The solution is available across mobile and desktop platforms and integrates seamlessly with existing systems such as websites or internal loan origination systems via its API suite.
In February 2022, Greenbriar Equity Group, a US-based private equity firm, announced its acquisition of a majority stake in JEGS Automotive for an undisclosed amount. This acquisition is intended to accelerate JEGS' growth and strengthen its position in the automotive aftermarket sector. JEGS Automotive is a leading US-based online retailer and distributor of high-performance aftermarket auto parts and accessories.
Major companies operating in the automotive e-tailing market are Amazon.com Inc., AutoZone Inc., O'Reilly Auto Parts, Advance Auto Parts, eBay Inc., CarParts.com Inc., JEGS High Performance, 1A Auto Parts, Edmunds.com Inc., Carwow Ltd., CARiD.com, Buy Auto Parts, FCP Euro, RockAuto LLC, Rallysport Direct, Spinny, PartsGeek, Autotrader Inc., Autohaus Arizona Inc., JC Whitney, Summit Racing Equipment
Asia-Pacific was the largest region in the automotive e-tailing market in 2024. The regions covered in the automotive e-tailing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive e-tailing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automotive e-tailing market consists of revenues earned by entities by providing services such as vehicle leasing and financing, insurance services, and after-sales support. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automotive E-Tailing Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on automotive e-tailing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for automotive e-tailing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The automotive e-tailing market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
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