openPR Logo
Press release

Driving Efficiency and Growth : Insights into Automotive Logistics Market Size Expected to Reach $433.6 Billion by 2031

10-03-2023 08:01 PM CET | Logistics & Transport

Press release from: Allied Market Research

Automotive Logistics Market Size

Automotive Logistics Market Size

According to a new report published by Allied Market Research, titled, "Automotive Logistics Market," The automotive logistics market was valued at $241.70 billion in 2021, and is estimated to reach $433.6 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ -

The introduction of containerization has brought about a dramatic shift in the waterway logistics industry. The increasing popularity of containerization and rise in the number of new ports have influenced the growth of the market. In addition, new technological developments, such as machine-to-machine (M2M) communication, have transformed the transportation industry, with drastic change in the waterway transport, which is expected to propel the demand for the automotive logistics market.

On basis of the distribution area, the domestic segment contributed to the largest market share in 2021, accounting for nearly two-thirds of the global automotive logistics market size share. Furthermore, the same segment is anticipated to dominate the growth of the global market over the forecast period.

The growth of the segment over the assessment period is subject to a rise in domestic services including goods delivery and sending of documents from one place to destination in a country such as cargo transport, document courier, and parcel delivery.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ -

However, the international segment is predicted to record the highest CAGR of 7.3% over the forecast period. The growth of the segment over the forecast timeline can be credited to the large-scale distribution of goods and logistics from one country to another country through flight and sea routes.

๐‹๐ข๐ฌ๐ญ ๐Ž๐Ÿ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

A.P. Moller-Maersk,
CEVA Logistics AG,
C.H. Robinson Worldwide, Inc.,
DB Schenker,
Deutsche Post AG,
FedEx Corporation,
Hellmann Worldwide Logistics,
Kuehne+Nagel International AG,
Nippon Express Co., Ltd,
United Parcel Service of America, Inc.

๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ— ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The pandemic affected almost every dimension of economic activity and individuals globally. As a consequence of the coronavirus outbreak, important supply chains in the logistics and transportation industry were hampered.

For instance, according to a report by the International Finance Corporation (IFC), total container volumes handled at Chinese ports dropped by 10.1% in the initial of 2020. In addition, air freight volumes fell by 19% in March 2020.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  -

In addition, as the business to business (B2B) logistics industry suffered and came to a halt, business to customer (B2C) emerged during the pandemic, owing to the growth of the online retail and e-commerce industry. Attributed to the lockdown and social distancing impact, the demand for online retailing has increased as compared to offline retailing. For instance, in 2019, online shopping rose by 20% and then by 30% during the lockdown. Rise in online sales compelled companies to restructure their warehouse to manage e-commerce logistics.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ : - Automotive Acoustic Insulation Market by Material (Polyurethane, Textile, Fiberglass, Rock Wool, Others), by Vehicle (Passenger Car, Commercial Vehicle) and by Application (Bonnet Liner, Door Trim, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032 - Automotive CVT Transmission Market by Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), by Type (Hydrostatic, Belt-Chain Drive, Planetary, Toroidal, Others), by Fuel (Gasoline, Diesel, Hybrid), by Capacity (Up to 1.5L, 1.5L to 3.0L, Above 3.0L) and by Sales Channel (OEM, Aftermarket): Global Opportunity Analysis and Industry Forecast, 2023-2032 - Automotive Bovine Leather Market by Vehicle Type (Passenger, LCV, HCV), by Application (Carpets, Floor Covering, Pre-Assembled Interior Components, Seats, Other) and by Vehicle Energy Source (Gasoline, Diesel, Electric, LPG): Global Opportunity Analysis and Industry Forecast, 2023-2032

David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Allied Market Research Blog:
Follow Us on | Facebook | LinkedIn | YouTube |

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

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 Driving Efficiency and Growth : Insights into Automotive Logistics Market Size Expected to Reach $433.6 Billion by 2031 here

News-ID: 3233740 • Views: 320

More Releases from Allied Market Research

South Korea CO2 Gas Sensor Market Analysis, Size, Share, Trends, Future Growth, Forecast to 2030
South Korea CO2 Gas Sensor Market Analysis, Size, Share, Trends, Future Growth, โ€ฆ
As per the report published by Allied Market Research Titled "South Korea CO2 Gas Sensor Market by Technology (Infrared Gas Sensor, Photo Ionization Sensor, Electrochemical Gas Sensor, Thermal Conductivity Gas Sensor, Metal Oxide based Gas Sensor, Catalytic Gas Sensor, Others), by End User (Heathcare, Consumer Electronics, Industrial, Others): Opportunity Analysis and Industry Forecast, 2022-2031". Download Research Report Sample & TOC : The South Korea CO2 gas sensor market offers a detailed overviewโ€ฆ
Ultrasonic Air Bubble Detectors Market Size is Expected to Reach $221.6 Million โ€ฆ
Allied Market Research published a report on the Ultrasonic Air Bubble Detectors Market by Product (Fixed, Adjustable), by Application (Medical Technologies, Pharmaceutical Industry, Foodstuffs Industry, Automation and Process Control, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031 The global ultrasonic air bubble detectors market was valued at $108.8 million in 2021, and is projected to reach $221.6 million by 2031, growing at a CAGR of 7.3% from 2022 to 2031. Download Researchโ€ฆ
AC MCB Market Size is Expected to Reach $3.8 Billion by 2032 | Growing at a CAGR โ€ฆ
Allied Market Research published a report on the AC MCB Market by Type (Type B, Type C, Type D), by Voltage (Low, Medium, High), by End Use Industry (Residential, Commercial, Industrial, Utilities): Global Opportunity Analysis and Industry Forecast, 2023-2032. The global AC MCB market was valued at $2.2 billion in 2022, and is projected to reach $3.8 billion by 2032, growing at a CAGR of 5.5% from 2023 to 2032. Download Researchโ€ฆ
Microcrystalline Cellulose (MCC) Market Latest Trends, Drying Process, key Players. Region, Global Value, and Growth Opportunity over 2022-2031
Microcrystalline Cellulose (MCC) Market Latest Trends, Drying Process, key Playe โ€ฆ
According to the new research report published by Allied Market Research, the global microcrystalline cellulose market size was valued at $401.1 million in 2021 and is estimated to generate $712.9 million by 2031, registering a CAGR of 5.9% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chains, competitive scenarios, and regional landscapes. This research offers valuable guidance to leading players, investors,โ€ฆ

All 5 Releases

More Releases for Automotive

KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear โ€ฆ
Saudi Arabiaโ€™s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%. Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence ofโ€ฆ
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu โ€ฆ
Automotive fuel injectors marketย is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that theย salesย of automotive fuel injectors areย expectedโ€ฆ
Automotive Gearbox Market,Automotive Gearbox Industry, Global Automotive Gearbox โ€ฆ
Latest industry research report on: Global Automotive Gearbox Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts This industry study presents the global Automotive Gearbox market size, historical breakdown data (2013-2018) and forecast (2018-2025). The Automotive Gearbox production, revenue and market share by manufacturers, key regions and type; The consumption of Automotive Gearbox in volume terms are also provided for major countries (or regions), and for eachโ€ฆ
Automotive Windscreen Sales Market โ€“ Analysis of Automotive Windscreen Sales G โ€ฆ
Automotive Windscreen Market report provides an in detail study of Manufactures in the market which is based on the various objectives associated with an organization such as Analysis, Market Share, Regional Market Performance, Product Specification, and the Company Introduction. The latest market intelligence study on Automotive Windscreen Sales market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunitiesโ€ฆ
Global Automotive Windshield Pumps Market 2018- SHW AG, TRW Automotive, Delphi A โ€ฆ
Apex Market Reports, recently published a detailed market research study focused on the "Global Automotive Windshield Pumps Market" across the global, regional and country level. The report provides 360ยฐ analysis of "Global Automotive Windshield Pumps Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Automotive Windshield Pumps industry, and estimates the futureโ€ฆ
Automotive Steering System Market Players: Mitsubishi Electric, TRW Automotive H โ€ฆ
Automotive steering system market is expected to grow with the CAGR of about 6% from 2016 to 2022. Due to increasing demand for the driving comfort & fuel efficient vehicle as well as increasing vehicle production globally will drive the Automotive steering system market. Market Scenario Steering is the connection point between car and driver. It provides control and the feel of the road and plays a key role in the vehicleโ€™sโ€ฆ