Press release
Automotive Logistics Market Growth Factors, Latest Rising Trend & Forecast to 2027 - Companies CEVA Logistics AG, DB Schenker, DSV A/S, GEODIS, Nippon Express, Ryder System, XPO Logistics and United Parcel Service
Automotive Logistics Market
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.
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.
Get PDF Sample Copy of this Report @ http://bit.ly/2X1rBD9
Top Leading Market Players:
1. DHL
2. CEVA Logistics
3. DB Schenker logistics
4. DSV A/S
5. GEODIS
6. Kuehne + Nagel International AG
7. Nippon Express Co., Ltd.
8. Ryder System, Inc.
9. United Parcel Service of America, Inc.
10. XPO Logistics
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.
Key findings of the study:
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.
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
Enquiry for Discount @ http://bit.ly/2WVqeWQ
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.
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 Growth Factors, Latest Rising Trend & Forecast to 2027 - Companies CEVA Logistics AG, DB Schenker, DSV A/S, GEODIS, Nippon Express, Ryder System, XPO Logistics and United Parcel Service here
News-ID: 1832408 • Views: …
More Releases from The Insight Partners
Fiber Optic Preform Market Set for Robust Growth with 21.7% CAGR from 2025 to 20 …
New York, US - December 10, 2025 - The Insight Partners has released a comprehensive new study on the Fiber Optic Preform Market, forecasting exceptional growth at a CAGR of 21.7% between 2025 and 2031. The market, valued at US$ XX million in 2024, is expected to witness significant expansion by 2031 as high-speed connectivity becomes critical worldwide.
Download Sample PDF: https://www.theinsightpartners.com/sample/TIPRE00009584/?utm_source=OpenPR&utm_medium=10759
The report provides an in-depth examination of market dynamics, emerging…
A Complete Study Guide to Agritech
Agritech, or agriculture technology, refers to the application of technical breakthroughs in agriculture to improve productivity, efficiency, and profitability. This involves leveraging technology to accelerate planting, developing crops that thrive in a variety of settings, and harvesting. It can also refer to the utilization of robotics, big data, artificial intelligence, or any other means essential to address the issues that the agricultural business confronts. These technologies enable farmers to collect…
Aminophylline Market Top Players, Growth Opportunities and Current Status by 203 …
The Global Aminophylline Market 2031 that centers around Aminophylline Market examines the significant components with a top to bottom methodology and empowers the client to survey the drawn-out based interest additionally predicts explicit executions. This report gives subjective investigation, clarifying item scope and expounding Market experiences and standpoint.
To Get Sample Copy of Report, Click Here - https://www.theinsightpartners.com/sample/TIPRE00040084/?utm_source=OpenPR&utm_medium=10129
(Our SAMPLE COPY of the report offers a quick advent to the Study report…
Intermittent Catheters Market to Reach US$ 3.83 Billion by 2031, Expanding at 4. …
The Intermittent Catheters Market is undergoing steady growth driven by a rising prevalence of urinary disorders, expanding geriatric populations, and major advancements in catheter design. According to recent industry assessments, the intermittent catheters market is projected to reach US$ 3.83 billion by 2031, up from US$ 2.67 billion in 2023, progressing at a 4.6% CAGR during 2023-2031. This projected growth reflects expanding clinical adoption, increased awareness of urinary self-catheterization, and…
More Releases for Logistics
Cold Chain Market 2021 Precise Outlook- AmeriCold Logistics, Nichirei Logistics …
The Global Cold Chain Market provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. The report covers the post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is…
Food Logistics Market Worth Observing Growth | Trinity Logistics, AmeriCold Logi …
The latest launched report on Global Food Logistics Market delivers a transformation framework to understand how megatrends affect industry growth, taking into account the major disrupting forces creating uncertainties for every organisation in the Food Logistics. Based on these outcomes, HTF MI outline plan for these volatile scenarios considering companies such as Port Jersey Logistics, DB Schenker, Henningsen Cold Storage, R2 Logistics, AN Deringer, ODW Logistics, Matson Logistics, Allen Lund,…
Logistics Market Future Outlook | AmeriCold Logistics, Nichirei Logistics, Linea …
WiseGuyRerports.com Presents “Global Logistics Market Size, Status and Forecast 2020-2026” New Document to its Studies Database
The extensive market study presents a complete analysis of the global Logistics market, including the latest developments, current market conditions, and the growth potentialities during the review period. Accurate statistics with regard to the product, methods as well as the share belonging to the key businesses in the market are also given in the report.…
Cold Chain Logistics Market Size 2020 by Top Key Players | Nichirei Logistics Gr …
Cold Chain Logistics Market report' to its research archive which allows exploring the industry in a 360-degree view while marking major insights and highlights accelerating the Cold Chain Logistics market trends. The data sourced from the report enables formulating business plans and helps decision making to improve profitability. The Cold Chain Logistics market has been witnessing consistent growth over the last few years and is projected to continue growing with…
Healthcare Cold Chain Logistics Market 2020 Business Scenario - AmeriCold Logist …
The Global Healthcare Cold Chain Logistics Market will increase at a compound annual growth rate of 10.09% (approx.) between 2020 and 2026.
The Healthcare Cold Chain Logistics Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.…
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,…
