London, 01 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global e-Retailing in Automotive Aftermarket 2014-2018, which is expected to post a CAGR of 18.56 percent during the forecast period of 2013-2018.
E-retailing provides consumers with the convenience of making purchases anywhere at any time and offers many product choices. An increase in the standard of living leads to an increase in online purchases, which in turn yields high revenue for the Global E-retailing in Automotive Aftermarket during the forecast period.
“Retailers now sell through their own online websites and retail stores, as well as through other popular online retailers,” says Faisal Ghaus, Vice President of TechNavio.
“Multi-channel retailing helps companies compete with other popular brands present on multiple websites.”
Key Market Drivers
- Increased Demand for Advanced Automotive Parts
- Changes in Consumer Lifestyles
- Increase in Average Age of Vehicles
- Improved Customer Satisfaction
Key Market Trends
- Increased Adoption of Multi-channel Retailing
- Increase in Market Consolidation
- Increased Importance of Electronic Parts
Key Market Vendors
- Advance Auto Parts Inc.
- Amazon.com Inc.
- AutoZone Inc.
- eBay Inc.
- Ford Motor Co.
- National Automotive Parts Association Inc. (NAPA)
- US Auto Parts Network Inc.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
