Press release
Automotive Logistics Market: What are the Future Growth Opportunities? Top Players: CEVA Logistics, DHL, XPO Logistics, Inc., SNCF, Kuehne + Nagel, DSV - Global Transport and Logistics, Ryder System, Inc., Imperial Logistics
With automakers looking to offer a wide range of vehicle models to cater to varying customer demands, global automotive logistics market is projected to experience substantial business growth over the forthcoming years. Apparently, a single car series model from a premium German vehicle brand can be available in approximately 1,017 possible variations. The unprecedented level of complexity, driven by product variety and the immense pressure exerted on industry players due to tough international competition makes it considerably difficult for automakers to ensure efficient logistics operations.
Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/3286
Supplying auto parts to global customers entail some of the prominent factors endorsing the importance of automotive logistics industry. It is also the reason why automobile manufacturers today maintain vehicle assembly plants across the world. Instead of manufacturing and shipping entire vehicles to regional markets overseas, automakers prefer to manufacture and ship vehicle components to local manufacturing facilities and then assemble the components into a vehicle. This practice delivers substantial savings on import duties, reinforcing global automotive logistics market share.
Greater China is one of the major regions contributing to the growth of automotive logistics industry owing to the presence of large number of manufacturers and production facilities in the country. For instance, in 2018, Greater China region manufactured the largest number of commercial vehicles estimated at 5,126,854 units, contributing a share of 27 percent to the worldwide production.
China has been reported to top the list as far as manufacturing operations are concerned. In 2016 alone, the automobile production and sales of China exceeded 28 million units, ranking first in the world for the past eight years. As per the China Automobile Dealers Association (CADA), in 2018, nearly 13.82 million used cars were traded in China. The extensive growth pace of auto manufacturing in the region is likely to catapult China automotive aftermarket, further propelling the regional automotive logistics market share.
It has been estimated that over 2020-2025, aftermarket service will account for 45 to 55 percent of the total auto industry value chain revenue owing to the demand for used cars. The rising requirement of a well-organized supply of raw materials and finished components by OEMs is supplementing manufacturing sector and significantly accelerating automotive logistics market share.
Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/3286
Asia Pacific is projected to emerge as one of the dominant customer base for auto parts, with the anticipated demand being credited to the domestic auto manufacturing sector and a strong presence of global automobile manufacturers. India, specifically, is estimated to contribute substantial revenues to automotive logistics market over the forecast timeframe. The Society of Indian Automobile Manufacturers stated that passenger vehicle sales increased by 2.70% over March-April 2019 in India. The nation's commercial vehicles segment also recorded a 17.55% growth in the quarter, as compared to the same period the previous year.
Owing to a gradual increase in automobile production and the robust development of automotive sector in APAC, global automotive logistics industry is slated to record tremendous revenues in the imminent future. Key industry participants expected to lead the growth include DHL International, CEVA Logistics, SNCF Group, XPO Logistics and Imperial Logistics.
Contact Us: -
DecResearch.com
Website: - https://www.decresearch.com/
Email: info@decresearch.com
About Us: -
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.
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: What are the Future Growth Opportunities? Top Players: CEVA Logistics, DHL, XPO Logistics, Inc., SNCF, Kuehne + Nagel, DSV - Global Transport and Logistics, Ryder System, Inc., Imperial Logistics here
News-ID: 2012419 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for China
Forehead Thermometer Market Analysis (2019- 2025)| Microlife (China), Radiant (C …
This research study is one of the most detailed and accurate ones that solely focus on the global Forehead Thermometer market. It sheds light on critical factors that impact the growth of the global Forehead Thermometer market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of the global Forehead Thermometer market. The authors of…
Analysis of the Global And China Handheld Transceiver Market-Top players BAOFENG …
The Global And China Handheld Transceiver Market is a professional report which provides thorough knowledge along with complete information perta¬ining to the Handheld Transceiver industry propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.
Key Regions
First-tier Cities
• Beijing
• Shanghai
• Guangzhou
• Shenzhen
Free Sample PDF Copy of Handheld Transceiver Market research report @ https://www.qyresearchgroups.com/request-sample/453291
Report Includes:-
This report focus Chinese market, it covers details as following:
Key…
Analysis of the Global And China Calculator Market-Top players Aurora(Taiwan, Ch …
The Global And China Calculator Market is a professional report which provides thorough knowledge along with complete information perta¬ining to the Calculator industry propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.
Key Regions
First-tier Cities
• Beijing
• Shanghai
• Guangzhou
• Shenzhen
Free Sample PDF Copy of Calculator Market research report @ https://www.qyresearchgroups.com/request-sample/453273
Report Includes:-
This report focus Chinese market, it covers details players regions product type and…
Analysis of the Global And China Activity Tracker Market-Top MI(China), Huawei(C …
The Global And China Activity Tracker Market is a professional report which provides thorough knowledge along with complete information perta¬ining to the Activity Tracker industry propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.
Key Regions
First-tier Cities
• Beijing
• Shanghai
• Guangzhou
• Shenzhen
Free Sample PDF Copy of Activity Tracker Market research report @ https://www.qyresearchgroups.com/request-sample/453264
Report Includes:-
This report focus Chinese market, it covers details players regions…
Analysis of the Global And China Money Counter Market-Top players Deli(China) ,W …
The Global And China Money Counter Market is a professional report which provides thorough knowledge along with complete information perta¬ining to the Money Counter industry propos classifications, definitions, applications, industry chain summary, industry policies in addition to plans, product specifications, manufacturing processes, cost structures, etc.
Key Regions
First-tier Cities
• Beijing
• Shanghai
• Guangzhou
• Shenzhen
Free Sample PDF Copy of Money Counter Market research report @ https://www.qyresearchgroups.com/request-sample/453304
Report Includes:-
This report focus Chinese market, it covers details as following:
Key…
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report
A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis…
