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(2022-2031) Automotive Logistics Global Market Analysis And Forecast | Technologies, Demand, Growth, Research And Development
Automotive Logistics Market
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The global automotive logistics market report by the business research company identifies increasing efficiency in finished vehicle logistics is expected to propel the growth of the automotive logistics market going forward. Finished vehicle logistics refers to a series of stages and processes through which cars get safely delivered to the end customers. This process involves transporting or delivering vehicles from the manufacturer to the customers domestically or internationally. Finished vehicle logistics is used by the automotive industry for the safer delivery of cars as a result due to increase in efficiency in finished vehicle logistics will increase the demand for automotive logistics. For instance, in December 2021, according to Economic Times Auto, an India-based article, India's intercity road logistics spending reached USD 209 billion in 2021, with an annual compounding growth rate of 8%. Therefore, the increasing efficiency in finished vehicle logistics is driving the growth of the automotive logistics market.
The global automotive logistics market is expected to grow from $223.68 billion in 2021 to $247.12 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The automotive logistics market is expected to grow to $330.86 billion in 2026 at a CAGR of 7.6%.
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Asia Pacific was the largest region in the automotive logistics market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive logistics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the automotive logistics market are Penske Corporation, Deutsche Post DHL Group, XPO Logistics Inc., SNCF, Panalpina World Transport (Holding) Ltd., DSV A/S, Ryder Systems Inc, CEVA Logistics, Nippon Express, Expeditors International, BLG Logistics, DB Schenker, Hellmann Worldwide Logistics, GEFCO, Schnellecke group ag & co. Kg, Hitachi Transport System Ltd., Neovia Logistics Services LLC., CFR Rinkens, GEODIS, Kerry Logistics Network Limited, Dachser Group SE & Co. KG, Yusen Logistics Co. Ltd., and Neovia Logistics Services LLC.
The global Automotive logistics market is segmented -
1) By Type: Outsourcing, Insourcing
2) By Activity: Warehousing & Handling, Transportation & Handling
3) By Mode of Transport: Roadways, Airways, Railway, Maritime
4) By Services: Transportation, Warehousing, Packaging Processes, Integrated Service, Reverse Logistics
5) By Distribution: Domestic, International
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The Automotive logistics Market Report Contents Include
1. Executive Summary
2. Automotive logistics Market Characteristics
3. Automotive logistics Market Trends And Strategies
4. Automotive Logistics Market - Macro Economic Scenario
5. Automotive logistics Market Size And Growth
….....
28. Key Mergers And Acquisitions In The Automotive logistics Market
29. Automotive logistics Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the automotive logistics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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