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Automotive Logistics Market: Soaring Growth, Strong CAGR, and Emerging Trends
Emerging market growth, increasing sales of automobiles, growth in international trade, and growing support from government are driving the exponential growth of the global Automotive Logistics market.What Is The Projected Market Size Of The Global Automotive Logistics Market And Its Growth Rate?
The Automotive Logistics market has shown robust growth recently and is predicted to continue this strong growth trajectory.
• The market size was at $286.51 billion in 2024 and is projected to reach $308.26 billion in 2025, exhibiting a CAGR of 7.6%.
• The market size is expected to expand to $429.49 billion in 2029 with a forecasted CAGR of 8.6%.
What Is Driving The Growth In The Automotive Logistics Market?
The growth of the automotive logistics market can be attributed to the increasing efficiency in finished vehicle logistics which ensures safe delivery of cars from manufacturers to end customers. As exemplified by the International Energy Agency's report in April 2023, passenger vehicle exports surged nearly 60% in 2022, exceeding 2.5 million units. This increase in efficiency enhances the demand for automotive logistics, propelling the growth of this market.
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Who Are the Key Players Driving Automotive Logistics Market Growth?
• Deutsche Post DHL Group
• Kuehne + Nagel International AG
• DSV A/S
• Deutsche Bahn
• Nippon Express Co., Ltd
• CEVA Logistics AG
• Geodis SA
• Expeditors International
• Penske Automotive Group, Inc
• Kerry Logistics Network Limited
• Hyundai Mobis
• Mitsui O.S.K. Lines
• STAC Co. Ltd.
• CJ Logistics
• Sinotrans Limited
• China Ocean Shipping Company
• Anji Logistics
• Yusen Logistics Co., Ltd.
• Eddie Stobart Group
• Hellmann Worldwide Logistics
• Schenker Deutschland AG
• BLG Logistics Group AG and Co. KG
• Panalpina
• Schnellecke
• GEFCO
• TNT Express
• DB Schenker
• Maersk
• FESCO Transportation Group
• CFR Rinkens LLC
• Dachser Group SE and Co. KG
• Neovia Logistics Services, LLC
• Ryder System Inc.
• XPO Logistics, Inc.
• C.H. Robinson
• UPS Supply Chain Solutions
• FedEx
• Brasil Terminal Portuário
• Tegma Gestão Logística
• TASA Logística
• Terminal Zárate
• ECSA Group
• Ultraport
• Grupo Puerto de Cartagena
• Andina Freight
• TISUR
• Logística Andina
• Globalink Logistics Group
• Port of Haifa
• ZIM Integrated Shipping Services
• DP World
• GAC Dubai
• Saudi Global Ports
• Bahri Logistics
• Qatar Ports Management Company
• Milaha
• Turkon Holding
• Mars Logistics
• Emirates SkyCargo
• Agility Logistics
• Imperial Logistics Ltd.
• Bidvest Panalpina Logistics
• Bakers Transport
What Are The Key Trends In The Automotive Logistics Market?
The forecast period will see a host of trends including:
• Developing new technologies to aid in vehicle and inventory transportation
• Use of electric vehicles (EVs) for effective last-mile delivery, owing to their high maneuverability and low carbon footprint
• Establishing partnerships and acquisitions to improve financial strength and geographical presence
• Developing advanced logistics management platforms to close monitor vehicle delivery status
• Launching new products and solutions to strengthen market position.
What Are The Segments Of The Global Automotive Logistics Market?
The global Automotive Logistics Market can be segmented by:
• Type: Outsourcing, Insourcing
• Activity: Warehousing And Handling, Transportation And Handling
• Mode Of Transport: Roadways, Airways, Railway, Maritime
• Services: Transportation, Warehousing, Packaging Processes, Integrated Service, Reverse Logistics
• Distribution: Domestic, International
Which Region Leads The Automotive Logistics Market?
The Asia-Pacific region was the largest market for Automotive Logistics in 2024, and is expected to be the fastest-growing region in the coming years. The report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Automotive Logistics Market Global Market Report?
- Market Size Analysis: Analyze the Automotive Logistics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automotive Logistics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automotive Logistics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automotive Logistics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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