Despite the growing popularity of automotive e-tailing, the majority of consumers prefer brick and mortar stores over online platforms which are restricting the growth of the market. Other factors which might hinder the market growth include online payment frauds, delay in product possession and slow adoption of e-commerce for automotive parts due to inhibitions regarding product quality.

Segmentation

The global [FURL=https://www.marketresearchfuture.com/reports/automotive-e-tailing-market-1915]E-tailing Industry[/FURL] has been segmented based on vendor type, component, and vehicles. By vendor type, the market has been segmented into OEM Vendor and Third Party Vendor. By component, the market has been segmented Electrical & Electronics, Chassis, and Powertrain. By vehicles, the market has been segmented into commercial cars and non-commercial vehicles.

Regional Analysis

The key markets of the global E-tailing Industry are North America, South America, Europe, Asia-Pacific and the Middle East & Africa. The Asia-Pacific market accounts for the largest share of the market owing to rising internet penetration and proliferation of smartphones in the region. China and India re the key contributors in the region due to high vehicle population. North America market is also consolidated due to a high inclination towards e-tailing in the region.

Industry Updates

In April 2018, Hero MotoCorp, an automotive company launched an e-commerce portal to sell authentic hero parts and accessories for two-wheelers. The company has partnered with Delhivery, an Indian logistics company for delivering parts to its customers across India.

In June 2018, eBay Canada announced the availability of a new automotive parts compatibility feature called Fitment. The feature will make it easier for buyers to search for parts and accessories.

In June 2018, Xevo and TomTom announced a partnership to combine Xevo market platform with TomTom's map and navigation expertise. The partnership would offer an opportunity to extend in-vehicle personalization and make navigation experience better and smarter.

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