Press release
Automotive Logistics Market: Year 2020-2027 and its detail analysis by focusing on top key players like CEVA Logistics AG, DB Schenker, DSV A/S, GEODIS, Nippon Express Co., Ltd.Ryder System, XPO Logistics, United Parcel Service
Automotive Logistics
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The global automotive logistics market accounted to US$ 203.0 Billion 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 Billion by 2027.
A factor which can be a restraint for Automotive Logistics can be some companies do not collaborate with service providers or they don't take advantage of digitization as they don't have awareness for the same. Nevertheless, digitization in services is opting by an online company to know more exactly about consumer behavior plus it makes business policies flexible to adopt changes as per the market condition on which success and growth of an organization depend which will give more growth opportunities in coming years.
Automotive Logistics market - key companies profiled CEVA Logistics AG, DB Schenker, DHL International GmbH (Deutsche Post AG), DSV A/S, GEODIS, KUEHNE + NAGEL INTERNATIONAL AG, Nippon Express Co., Ltd.Ryder System, XPO Logistics, United Parcel Service.
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.
The Asia Pacific accounted for the largest market share in the global Automotive Logistics market. The growth of Automotive Logistics market in this region is primarily attributed to the rising spending on nutrient-enriched functional foods as well as supplements. Moreover, the criticality of the Automotive Logistics in infant food in APAC is unparalleled and therefore generates remarkable demand for Automotive Logistics produces. Rising awareness related to the importance and health benefits of Automotive Logistics among the consumers is the main driver for the growth of Automotive Logistics market in the region. This would influence the Automotive Logistics market growth during the forecast period. Furthermore, increasing spending power among the consumers is the major factor that provides a lucrative growth opportunity for the Automotive Logistics market players.
This report will help you determine and analyze your portfolio of key market players with information such as company profile, components and services offered, financial information from the past three years, and key developments it helps you to develop a strategy to gain a competitive edge in the past 5 years. The market payers from Automotive Logistics market are anticipated to lucrative growth opportunities in the future with the rising demand for Automotive Logistics in the global market.
Why to buy this report?
This report provides a thorough analysis of the Automotive Logistics market through detailed research on a variety of topics to help players build strong growth strategies and strong presence in the industry. Readers will also be informed of the important sustainability strategies adopted by leading companies when operating in the Automotive Logistics market. The analyst also thoroughly evaluated the impact of these strategies on market growth and competition.
This report provides a detailed overview of the industry, including qualitative and quantitative information. It provides an overview and forecast of the Automotive Logistics market based on products and applications. This report evaluates market dynamics affecting the market during the forecast period, namely drivers, margins, opportunities and future trends, and provides a thorough pest analysis for all five regions.
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Chapter Details of Automotive Logistics Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Automotive Logistics Market Landscape
Part 04: Automotive Logistics Market Sizing
Part 05: Automotive Logistics Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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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.
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