US$ 370.8 billion Automotive Logistics Market will reach 6.6% of CAGR by 2027 with Strategic Insights by Top Players – DHL, CEVA Logistics, DB Schenker Logistics, DSV A/S, GEODIS, Nippon Express Co., Ltd. Ryder System

According to the new research report published by The Insight Partners, titled “Automotive Logistics Market- Global Analysis and Forecast to 2027”, the global automotive logistics market is expected to reach US$ 370.8 billion in 2027, registering a CAGR of 6.6% during the forecast period 2019-2027.

This market research report provides a big picture on “Automotive Logistics Market”, on a Global basis, offering a forecast and statistic in terms of revenue during the forecast period. The report covers a descriptive analysis with detailed segmentation, complete research and development history, latest news and press releases. Furthermore, the study explains the future opportunities and a sketch of key players involved in the “Automotive Logistics Market hike in terms of revenue.

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.

The automotive logistics market is occupied with large numbers of established players as well as emerging players across the globe. The key companies functioning in the market include DHL, CEVA Logistics, DB Schenker Logistics, DSV A/S, GEODIS, Kuehne + Nagel International AG, Nippon Express Co., Ltd. Ryder System, Inc., United Parcel Service of America, Inc., and XPO Logistics among others.

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Key Benefits
 The study provides an in-depth analysis of the global Automotive Logistics Market to elucidate the prominent investment pockets.
 Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
 The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
 The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Automotive Logistics Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the Automotive Logistics Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.

Strategic Insights
Market initiatives were observed as the most adopted strategy in the global automotive logistics market. Few of the recent market initiatives are listed below;

2019: UPS announced the largest expansion of its logistics network in Russia. As a part of expansion of its logistics network, UPS offers delivery to all postal codes of Russia, and to 600 indices in the largest cities of Russia, expedited delivery will be available, convenient for the most urgent shipments.

2018: CEVA Logistics is selected by Saraiva for expanding its distribution network across South-East Brazil. Through this venture the CEVA able to experience quick work and delivery practices to its customers across the region.

2017: Nu Skin Enterprises, seller of beauty products and nutritional supplements signed an agreement with XPO Logistics to handle their global supply chain logistics function. The agreement was first implemented in Southeast Asia.

2016: DHL opened a new South Asia hub in Singapore. The new hub has fully automated express processing system and parcel-sorting systems to boost the operational efficiency and have speedy delivery of parcels to the customers.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automotive Logistics Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Automotive Logistics Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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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

Global Automotive Logistics Market - By Geography

• North America
o U.S.
o Canada
o Mexico

• Europe
o France
o Germany
o Italy
o Russia
o UK
o Rest of Europe

• Asia Pacific (APAC)
o South Korea
o China
o India
o Japan
o Australia
o Rest of APAC

• Middle East & Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA

• South America (SAM)
o Brazil
o Argentina
o Rest of SAM

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This release was published on openPR.