openPR Logo
Press release

Automotive Logistics Market To Witness Heavy Growth Prospects Via - DB Schenker Logistics, DSV A/S, GEODIS, Kuehne + Nagel International AG, Nippon Express

09-06-2019 04:59 AM CET | Logistics & Transport

Press release from: The Insight Partners

Automotive Logistics Market

Automotive Logistics Market

The global automotive logistics market accounted to US$ 203.0 Bn in 2018 and is expected to grow at a CAGR of 6.6% during the forecast period 2019 – 2027, to account to US$ 370.8 Bn by 2027.

Geographically, the automotive logistics market is segmented into North America, APAC, Europe, MEA, and SAM regions. APAC leads the automotive logistics market in 2018 with a significant market share and is anticipated to continue its dominance in the coming years. The South East Asian countries are also expected to create ample opportunities for automotive logistics companies. Pertaining to meet the demands for automotive components and spare parts, as well as, finished vehicles from manufacturing plants to different dealerships, the car makers are increasingly collaborating with recognized logistic companies. This factor is catalyzing the growth of automotive logistics market in the South East Asia region. North America is the second largest market in the automotive logistics market. Apart from APAC and North America, Europe remains the third largest geographic segment, as Europe’s automotive logistics sector is growing at a rapid pace owing to the factors such as growing investment in high-tech manufacturing and R&D from some of the world’s biggest vehicle-makers.

Download PDF brochure @ http://bit.ly/2LsMe6P

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.

The global automotive logistics market is segmented on the basis of type, services, and sector. Based on the type, the market is segmented into outsourcing and insourcing. On the basis of the services, the market is classified into transportation, warehousing, packaging processes, integrated service, and reverse logistics. The market by sector is fragmented into passenger vehicle, commercial vehicle, tire, and component.

The report also includes the profiles of key automotive logistics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, the key development in the past five years. The top companies operating in the field of automotive logistics include Deutsche Post DHL Group, Kuehne + Nagel International AG, United Parcel Service of America, Inc., and others. Many other companies operating in the market and are coming up with new technologies and offerings, which is helping the market for the automotive logistics to expand over the years in terms of revenue.

China holds the largest automotive logistics market share in the Asia Pacific region. The Chinese economy comprises of many automobile manufacturers who are continuously focusing towards the development of automotive logistics in the country. For instance, Kuehne + Nagel to create a new joint venture with Sincero, a Chinese company. The joint venture aims to offer logistics services to the automotive sector. It enhances the Kuehne + Nagel’s automotive logistics business for both tier one suppliers by 70% as well as Chinese OEMs. The company has a strong automotive imprint across China through different partnerships with premium and best European brands, such as new dealer distribution centers in Shanghai and Beijing for BMW. Such partnership and collaboration between the market players will propel the automotive logistics market in the forecast period.

Ask for Discount @ http://bit.ly/2LsMkeH

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.

Buy now @ http://bit.ly/2LGJzXt

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, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Logistics Market To Witness Heavy Growth Prospects Via - DB Schenker Logistics, DSV A/S, GEODIS, Kuehne + Nagel International AG, Nippon Express here

News-ID: 1830403 • Views: 488

More Releases from The Insight Partners

Asthma Inhaler Device Market (Covid-19 Update) With Leading Players like GlaxoSm …
The latest Asthma Inhaler Device market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data. This study can be described as most wide-ranging documentation that comprises all the aspects of the evolving Asthma
Medical Sevoflurane Market (Impact Of Covid-19) With top Key Players like Abbott …
An off-the-shelf report on Medical Sevoflurane Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals,
COVID-19 Impact on Pre Clinical CROs Market 2020 |Analysis By Covance, Charles R …
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries
Covid-19 Impact on Antibiotics Market Rising Demand, Latest Trend By Top Leading …
The antibioticsmarketwas valued at US$ 43,348.38 million in 2019 and is projected to reach US$ 56,351.33 million in 2027; it is expected to grow ata CAGR of 3.6% during2020-2027. Antibiotics Market provides a bird's eye view of the current proceeding within the Antibiotics market. Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Antibiotics market and offers a clear assessment of the projected market

All 5 Releases


More Releases for Logistics

Third-Party Logistics Market: Leading Players – XPO Logistics , Yusen Logistic …
Third-Party Logistics Market report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe. The Report also calculate the market size, the report considers the revenue generated from the sales of This Report and technologies by various application segments. Download Sample PDF copy of this report https://supplydemandmarketresearch.com/home/contact/272389?ref=Sample-and-Brochure&toccode=SDMRSE272389&utm_source=s. The study objectives of this report are: To analyze global Third-Party Logistics status, future forecast,
Asia Logistics Market Leading Vendors by COSCO Logistics, KYE Logistics, KAILUAN …
world economic growth, the Logistics industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Logistics market size to maintain the average annual growth rate of 2.08% from 375 Billion USD in 2014 to 407 Billion USD in 2017, BisReport analysts believe that in the next few years, Logistics market size will be further expanded, we expect that by 2022, The market
Industrial Logistics Robots Industry
Industrial Logistics Robots Market 2018 report focuses on the major drivers and restraints for the global key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The report spread across 139 pages with tables and figures in it. Sample Report Download HERE at https://www.researchreportsinc.com/sample-request?id=207718 For competitor segment, the report includes global key players of Industrial Logistics Robots as well as some small players.
Contract Logistics Market is Booming | Sankyu, Allcargo Logistics, CEVA Logistic …
HTF MI recently introduced Contract Logistics Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are CJ Korea Express, Deutsche Post DHL, Hitachi Transport System, Mitsubishi Logistics, Sankyu,
Logistics Market
Global Logistics Market Information Report: By Transportation Type (Airways, Waterways, Railways, Roadways), Logistic Type (First Party, Second Party, Third Party) End User (Industrial and Manufacturing, Retail, Healthcare, Oil & Gas) - Forecast 2023 Market Highlights Logistics is a supply chain management part with a detailed organization and implementation of a complex operation. It includes the movement of goods and information between the provider and the receiver. Moreover, logistics is the management of
Global Event Logistics Market 2017: Rhenus Logistics, ACME Global Logistics, Agi …
Global Event Logistics Market 2017-2022 QY Market Research include new Event Logistics market research report "2016-2022 Report on Global Event Logistics Market Competition, Status and Forecast, Market Size by Players, Regions, Type, Application" to its huge collection of research reports. This report on the global Event Logistics market is highly useful as it covers all the aspects which are important in determining the future of this industry. The Event Logistics report is