Press release
Automotive Logistics Market Set for 6.6% Explosive Growth to 2027 to Reach $ 370.8 Million by 2027 During (2019-2027)
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.The Automotive Logistics Market report provides a detailed overview of the industry including both qualitative and quantitative information. 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.
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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.
Reason to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Automotive Logistics market
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Ribbon Fiber Optic Cable market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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.
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Table of Contents:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Automotive Logistics Market Landscape
5. Automotive Logistics Market - Key Market Dynamics
6. Automotive Logistics Market - Global Market Analysis
7. Automotive Logistics Market - Revenue and Forecasts to 2027 - Product Type
8. Automotive Logistics Market - Revenue and Forecasts to 2027 - Application
9. Automotive Logistics Market - Revenue and Forecasts to 2027 - Compound
10. Automotive Logistics Market Revenue and Forecasts to 2027 - Geographical Analysis
11. Industry Landscape
12. Automotive Logistics Market, Key Company Profiles
13. Appendix
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