Press release
Automotive Parts Procurement Logistics Market : Revenue Share, Insights & Future Outlook
What is Driving the Growth of the Global Automotive Parts Procurement Logistics Market?The global Automotive Parts Procurement Logistics market was valued at US$ 36,400 million in 2023 and is anticipated to reach US$ 48,810 million by 2030, growing at a CAGR of 4.5% during 2024-2030. The market is driven by the critical role logistics plays in the automotive supply chain, ensuring timely delivery of parts from manufacturers to production lines, and supporting storage, transportation, distribution, and value-added services.
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How Are Industry Trends Like Just-In-Time Manufacturing Impacting Market Demand?
The rise of just-in-time (JIT) manufacturing emphasizes the need for efficient logistics to reduce inventory costs and optimize production schedules. Overall growth in the global automotive industry also fuels demand for streamlined procurement logistics, ensuring manufacturers receive components precisely when needed to maintain continuous production.
Which Key Companies Are Shaping the Automotive Parts Procurement Logistics Market?
Leading Companies:
• CEVA: Specializes in supply chain management and logistics solutions for the automotive sector.
• DB Schenker: Offers integrated transport and logistics services for automotive manufacturers worldwide.
• DHL: Provides global freight, warehousing, and value-added services for automotive parts.
• Toyota Tsusho: Focuses on automotive supply chain solutions and procurement logistics.
• LOGISTEED: Delivers specialized logistics services for auto parts manufacturers.
• FAW Logistics: Provides comprehensive automotive logistics services in China.
• Expeditors International: Offers global supply chain and transportation solutions for automotive components.
• UPS: Provides end-to-end logistics and distribution services for automotive parts.
• Nippon Express: Specializes in international transportation and logistics solutions for the auto industry.
• Ryder System: Offers supply chain and fleet management solutions for automotive parts distribution.
• SAIC Anji Logistics: Focuses on automotive logistics and procurement solutions in China.
• Bolloré Logistics: Provides freight forwarding and supply chain services for automotive manufacturers.
• Kuehne+Nagel: Offers integrated logistics and transportation solutions for auto parts.
• A.P. Moller-Maersk Group: Provides global shipping and supply chain solutions for the automotive sector.
• DSV: Specializes in global transport and logistics solutions for automotive procurement.
• BLG LOGISTICS: Provides tailored logistics services for the automotive industry.
• Changan Minsheng APLL Logistics: Focuses on automotive parts supply chain management in China.
• C.H. Robinson: Offers logistics and freight management solutions for automotive manufacturers.
Segment by Type:
• Road Transport
• Rail Transport
• Waterway Transport
• Airway Transport
Segment by Application:
• Automotive Manufacturers
• Auto Parts Supplier
By Company:
CEVA, DB Schenker, DHL, Toyota Tsusho, LOGISTEED, FAW Logistics, Expeditors International, UPS, Nippon Express, Ryder System, SAIC Anji Logistics, Bolloré Logistics, Kuehne+Nagel, A.P. Moller-Maersk Group, DSV, BLG LOGISTICS, Changan Minsheng APLL Logistics, C.H. Robinson
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