Press release
Automotive Logistics Market Ensure to Reach US$ 370.8 Bn by 2027 - Lead by CEVA Logistics AG, DB Schenker, DHL International GmbH, Nippon Express, Ryder System, XPO Logistics and United Parcel Service
Automotive Logistics Market to 2027
The rising demand for Chinese manufactured vehicles in these countries are pressurizing the Chinese automakers to engage themselves in partnering with logistics companies increasingly. This factor is posing a significant business growth opportunity for Chinese logistics companies as well as international logistics partners, thereby, is anticipated to boost the automotive logistics market in the coming years. China accounted for a significant market share in the Asia Pacific automotive logistics market in 2018.
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Worldwide Automotive Logistics Market Analysis to 2027 is a specialized and in-depth study of the Automotive Logistics Industry with a focus on the global market trend. The report aims to provide an overview of global Automotive Logistics Market with detailed market segmentation by product/application and geography. The global Automotive Logistics Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Automotive Logistics players and offers key trends and opportunities in the market.
Top Dominating Key Players:
1. CEVA Logistics AG
2. DB Schenker
3. DHL International GmbH (Deutsche Post AG)
4. DSV A/S
5. GEODIS
6. KUEHNE + NAGEL INTERNATIONAL AG
7. Nippon Express Co., Ltd.
8. Ryder System, Inc.
9. XPO Logistics, Inc.
10. United Parcel Service, Inc.
Key Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Automotive Logistics Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
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Rising number of automotive manufacturing facilities
automotive industry is experiencing significant demand for vehicles, which is pressurizing the vehicle manufacturers to deliver the required amount of vehicles. he rise in demand for passenger and commercial automobiles among the global mass is majorly driven by the rise in disposable income and an increase in manufacturing facilities in the developed countries and developing economies. These factors has led the automobile manufacturers to focus on logistics of the vehicle components, wheels significantly, and tires, vehicle skeleton as well as wholly assembled vehicles from one location to another worldwide.
Adoption of autonomous vehicles to prosper automotive industry
The autonomous vehicles segment majorly, the passenger cars is gaining substantial popularity in recent time, and several automobile manufacturers are testing autonomous trucks. The autonomous trucks would benefit the logistics companies as well as the suppliers with enhanced safety and shorter lead times. The introduction of autonomous trucks is foreseen to catalyze the industry size of the automotive logistics market.
Global Automotive Logistics Market Segmentation :
Global Automotive Logistics Market – By Type
• Outsourcing
• Insourcing
Global Automotive Logistics Market - By Services
• Transportation
• Warehousing
• Packaging Processes
• Integrated Service
• Reverse Logistics
Global Automotive Logistics Market - By Sector
• Passenger Vehicle
• Commercial Vehicle
• Tire
• Component
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Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
Contact Us:
The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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