Automotive and Transportation Automotive E-Tailing Market Research Report | Page 3

Automotive E-Tailing Market Insights on market segments As per the findings of research, the global automotive E-Tailing market has been segmented into different component which include infotainment system, interior accessories, engine parts, tires and wheels, and electrical products. The tire and wheel segment held the largest share in the global automotive E-Tailing market in 2016. The major factors driving the growth of the E-Tailing market is growing adoption of online shopping for automotive components by the end-users along with the availability of wide range of product at discounted price. Expansion and strategic partnerships have been the key strategies in the global automotive E-Tailing market which is driving the global automotive E-Tailing market. For instance, in May 2017, Amazon announced plans to expand its research and development center in Cambridge, the U.K. The company is planning to increase the employee strength to 1,500 by the end of 2017. Earlier in April 2017, Walmart announced plans to increase its number of stores from 21 to 50 in India. The company announced plans expand the stores over a period of next three years. Walmart will open 10 new stores in Telangana for which Walmart India has signed a Memorandum of Understanding (MoU) with the Telangana government. Copyright © P&S Market Research