Global Automotive Logistics Market Size study & Forecast, by Distribution (Domestic, International) by Mode of Transport (Roadways, Airways, Maritime, Railways), by Activity (Warehousing & Handling, Transportation & Handling), by Type (Finished Vehicle, Automobile Parts) and Regional Analysis, 2022-2029
Global Automotive Logistics Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Automotive logistics is the flow of automobiles, components, replacement parts, and raw materials in the automotive purchasing, manufacturing, and selling process. In the automotive industry, logistics include raw material and component inbound transportation management, garage transportation management of the manufacturing process, and vehicle and spare parts transportation management, which includes distribution processing delivery, loading and unloading, object purchasing, transportation, storage, and information processing. The Automotive Logistics Market is expanding because of factors such as strict emission standards and an increase in international free trade agreements that are driving market demand across the world.
Automobile logistics transports commodities or products from one location to another via ships, planes, and commercial vehicles. All types of transportation use fossil fuels to power vehicles, which emit hazardous pollutants and contribute to pollution levels rising. As a result, various environmental and sustainability rules aimed at boosting fuel efficiency and reducing harmful emissions are being introduced around the world. For instance, the International Maritime Organization (IMO) adopted new measures to limit ship emissions in February 2020. The revised regulation cut the sulphur limit in fuel oil used on board ships operating outside designated emission control areas to 0.05% m/m (mass by mass). Also, the United States Environmental Protection Agency (EPA) confirmed the greenhouse gas emission requirements for commercial airplanes in 2020. Also, the improving Finished Vehicle Logistics (FVL) operational efficiency and digitalization of operations will provide lucrative growth opportunities for the market during the forecast period. However, the shortage of truck drivers may stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Automotive Logistics Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In terms of revenue, Asia Pacific dominated the market owing to increased vehicle demand, raw material availability, and low salaries are responsible for the region's explosive expansion in automobile manufacture. North America is expected to grow with the highest CAGR during the forecast period owing to factors such as the increased performance of multimodal logistical chains and improved infrastructure, which help to minimize logistical costs, which are driving market expansion in this region.
Major market player included in this report are:
DB Schenker (Essen, Germany)
BLG LOGISTICS GROUP AG & Co. KG (Bremen, Germany)
CEVA Logistics (Baar, Switzerland)
Kuehne+Nagel (Feusisberg, Switzerland)
Expeditors International (Washington, U.S.)
Deutsche Post AG (Bonn, Germany)
SINOTRANS Limited (Beijing, China)
C.H. Robinson Worldwide, Inc. (Minnesota, United States)
GEFCO (Paris, France)
Ryder System, Inc. (Florida, U.S.)
Recent Developments in the Market:
In April 2021, GEFCO created a partnership with the top smart trade enabler, DP World, UAE Region, for new automobile solutions. It now provides automotive customers with a versatile, integrated solution for car storage and handling at DP World, the UAE Region's flagship, Jebel Ali Port.
Global Automotive Logistics Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Distribution, Mode of Transport, Activity, Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Distribution:
Domestic
International
By Mode of Transport:
Roadways
Airways
Maritime
Railways
By Activity:
Warehousing & Handling
Transportation & Handling
By Type:
Finished Vehicle
Automobile Parts
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Companies MentionedDB Schenker (Essen, Germany)
BLG LOGISTICS GROUP AG & Co. KG (Bremen, Germany)
CEVA Logistics (Baar, Switzerland)
Kuehne+Nagel (Feusisberg, Switzerland)
Expeditors International (Washington, U.S.)
Deutsche Post AG (Bonn, Germany)
SINOTRANS Limited (Beijing, China)
C.H. Robinson Worldwide, Inc. (Minnesota, United States)
GEFCO (Paris, France)
Ryder System, Inc. (Florida, U.S.)
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