Automotive E-retail Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR45623

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The automotive E-retail market value is projected to grow by 21647.32 thousand units at a CAGR of 17.49% during 2021-2025.

This automotive E-retail market analysis report entails exhaustive statistical qualitative and quantitative data on product (passenger cars and two-wheelers) and geography (North America, APAC, Europe, South America, and MEA) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Automotive E-retail Market Size be in 2021?

Automotive E-retail Market Size

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Automotive E-retail Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The ease and convenience of buying cars and two-wheelers online is notably driving the automotive E-retail market growth, although factors such as cost pressure on vendors due to price sensitivity may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the automotive E-retail market get your FREE report sample now.

This automotive E-retail market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Automotive E-retail Market Vendors?

The automotive E-retail market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

 

  • Alibaba Group Holding Ltd.
  • Asbury Automotive Group Inc.
  • AutoNation Inc.
  • eBay Inc.
  • Group 1 Automotive Inc.
  • Hendrick Automotive Group
  • Lithia Motors Inc.
  • Penske Corp.
  • Scout24 AG
  • TrueCar Inc.

 

The automotive E-retail market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

For insights on complete key vendor profiles, download a free sample of the automotive E-retail market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Automotive E-retail Market?

Automotive E-retail Market Share by Geography

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China and India are the key markets for automotive E-retail market in APAC. Learn about the key, emerging, and untapped markets from our automotive E-retail market size, share, & trends analysis report for targeting your business efforts toward promising growth regions. 44% of the market’s growth will originate from APAC during the forecast period.

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Intense competition leading to competitive pricing will facilitate the automotive E-retail market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Automotive E-retail Market?

Automotive E-retail Market Share by Product

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The automotive E-retail market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The automotive E-retail market share growth by the passenger cars segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough automotive E-retail market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the automotive E-retail market size.

 

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What are the Key Factors Covered in this Automotive E-retail Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive E-retail market growth during the next five years
  • Precise estimation of the automotive E-retail market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive E-retail market across North America, APAC, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive E-retail market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The automotive e-retail market growth will increase by $16369.21 thousand units during 2019-2024.
The automotive e-retail market is expected to grow at a CAGR of 15.34% during 2019-2024.
Technavio has segmented the automotive e-retail market by product (Passenger cars and Two-wheelers) and geographic (North America, APAC, Europe, South America, and MEA).
Alibaba Group Holding Ltd., Asbury Automotive Group Inc., AutoNation Inc., eBay Inc., Group 1 Automotive Inc., Hendrick Automotive Group, Lithia Motors Inc., Penske Corp., Scout24 AG, TrueCar Inc. are a few of the key vendors in the automotive e-retail market.
North America will register the highest growth rate of 45.46% among the other regions. Therefore, the automotive e-retail market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the automotive e-retail market growth are:
  • Ease and convenience of buying cars and two-wheelers online
The automotive e-retail market vendors should focus on grabbing business opportunities from the passenger cars segment as it accounted for the largest market share in the base year.
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