{"id":128565,"date":"2024-02-11T21:28:05","date_gmt":"2024-02-12T02:28:05","guid":{"rendered":"https:\/\/v2fr5er78d.funnewsdaily.com\/books\/global-automotive-e-tailing-market-to-reach-us-268-billion-by-2034-expanding-at-a-staggering-13-4-cagr\/"},"modified":"2024-02-11T21:28:05","modified_gmt":"2024-02-12T02:28:05","slug":"global-automotive-e-tailing-market-to-reach-us-268-billion-by-2034-expanding-at-a-staggering-13-4-cagr","status":"publish","type":"post","link":"https:\/\/v2fr5er78d.funnewsdaily.com\/books\/global-automotive-e-tailing-market-to-reach-us-268-billion-by-2034-expanding-at-a-staggering-13-4-cagr\/","title":{"rendered":"Global Automotive E-tailing Market to Reach US$ 268 Billion by 2034, Expanding at a Staggering 13.4% CAGR"},"content":{"rendered":"

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E-Tailing, also known as electronic retailing or internet retailing, is any Business-To-Consumer (B2C) transaction that takes place through the Internet. Automotive E-Tailing means selling automotive components online. The global automotive E-Tailing market is composed of a wide range of automotive parts and components, which include interior accessories, infotainment-multimedia, electrical and electronics products, powertrain, tires, and wheels. The Automotive E-Tailing Market includes both business-to-business and business-to-consumer sales.<\/h2>\n

NEWARK, Del, Feb. 07, 2024 (GLOBE NEWSWIRE) — The automotive e-tailing market<\/a> is estimated to be worth US$ 76.4 billion<\/strong> in 2024 and is projected to be valued at US$ 268 billion<\/strong> by 2034. Between 2024 and 2034, the market is predicted to rise at a CAGR of 13.4%.<\/strong> Increasing internet penetration worldwide provides a broader consumer base with access to online platforms, facilitating the growth of e-tailing in the automotive sector.<\/p>\n

The automotive industry’s ongoing digital transformation involves the adoption of online platforms for various aspects of the buying process, contributing to the growth of e-tailing. E-tailing offers consumers a convenient and time-efficient way to browse, compare, and purchase automotive products without the need to visit physical stores.<\/p>\n

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The prevalence of smartphones and the rise of mobile commerce enable consumers to shop for automotive products using mobile devices, contributing to the market’s growth.<\/p>\n

E-tailers provide a wide range of automotive products, including original equipment manufacturer (OEM) parts<\/a>, aftermarket accessories, tools, and maintenance items, meeting the diverse needs of vehicle owners. Growing environmental awareness leads to increased demand for eco-friendly automotive products, often available through e-tailing platforms, contributing to market growth.<\/p>\n

Key Takeaways from the Market Report<\/strong><\/p>\n