Europe Automotive Logistics Market Growing Massively by 2022-2026 Major Players: EVA Logistics AG, DB Schenker, DHL, DSV, GEODIS

Market Insights Reports has added new statistical data to its repository titled as, Global Europe Automotive Logistics Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). Furthermore, the report also sheds light on technological platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries. The Europe Automotive Logistics market report covers the post-COVID-19 impact on various regions and major countries and on the future development of the industry is pointed out.

The Europe Automotive Logistics Market is estimated to grow at a CAGR of approximately 6.5% during the forecast period.

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Top Key Players in the Global Europe Automotive Logistics Market is CEVA Logistics AG, DB Schenker, DHL, DSV, GEODIS, KUEHNE + NAGEL International AG, Nippon Express Co., Ltd, Ryder System, Inc, XPO Logistics, Inc, United Parcel Service, Inc*, and others. 

Key Market Trends:

Despite continuing economic uncertainty and diminishing consumer confidence, the European car market registered growth in July 2019, as registrations were up by 1.2% to 1,325,600 units. Registrations of BEV, PHEV, HEV and other electric vehicles totalled 96,600 units in July as demand increased by 29% from July 2018. The fuel type also saw a market share increase from 5.8% to 7.4%. The increase in EV's market share came as a result of the outstanding performance of pure electric cars (BEVs), where volume was up by a huge 98% to 23,200 units. The growth was driven by Tesla the top-selling brand and Renault, which saw a 103% volume increase after its Zoe model became the top-selling BEV during the month. Hybrid vehicles also performed well in July, as demand increased by 27% to 56,800 units. As usual, the rankings were dominated by Toyota and Lexus, but there were notable results from Mercedes, which came third, and Land Rover, whose new Evoque model became the 5th best-selling HEV during the month.

Spotlight on Germany auto components

The root cause of increment in automotive parts sales in Germany is growing sales of hybrid and electric vehicles in the last few years. Owing to government regulations for environment prevention, consumers have moved from conventional vehicles to electric vehicles. Indian imports of auto components stood at USD 15.9 billion in 2017-18 as compared to USD 13.5 billion in 2016-17. Germany was the 2nd most important supplier to India also, after China, with a share of 14% of the total imports. Stringent government regulations that aim to improve fuel efficiency have become more prominent in Germany; this is likely to increase the need for the maintenance of older vehicles, driving growth within the sector.

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This Global Europe Automotive Logistics Market report addresses:

- The Market size from 2016-2021

- Expected market growth until 2025

- Forecast of how market drivers, restraints, and future opportunities will affect

- Segment and regions that will drive or lead the market growth and why

- Comprehensive mapping of the competitive landscape

- In-depth analysis of key sustainability strategies adopted by market place.                              

Frequently Asked Questions about Global Europe Automotive Logistics market:

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- Where are the greatest dangers?              

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