Global Automotive Logistics Market 2023-2030

Global Automotive Logistics Market 2023-2030

Global Automotive Logistics Market Size, Share & Trends Analysis Report by Mode of Transport (Roadways, Airways, Maritime, Railways), by Activity (Warehousing and Handling, Transporting and Handling), by Logistics Solutions (Inbound Logistics, Outbound Logistics, Reverse Logistics, Aftermarket), and by Distribution (Domestic, International) Forecast Period (2023-2030)

The global automotive logistics market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The growth of the market is attributed to factors such as increased demand for efficient transportation and handling of automotive goods, globalization of automotive supply chains, and integration of advanced technologies to manage supply chains. For instance, Koopman is using IBM Blockchain technology to create a trusted digital solution for vehicle logistics – both for bringing new cars to their first owners and for selling used cars when leases end. Also, a growing partnership among automotive companies with logistic companies for efficient supply chain management is anticipated to propel the market. For instance, in January 2021, DHL Supply Chain took over the operations of collection and transportation of spare parts for the entire line of vehicles (sedans, SUVs, and, in the future, the electric fleet) from Volvo Cars Brazil to 36 dealerships. The operation stands out not only for including sustainable initiatives but also for its integration with the national distribution network and management practices of DHL, which include Satisfaction Surveys and a Web Portal that shows information regarding Invoice Issuance and the Lead Times of Delivery to the dealerships.

Segmental Outlook

The global automotive logistics market is segmented based on its mode of transport, activity, logistics solutions, and distribution. Based on its mode of transport, the market is segmented into roadways, airways, maritime, and railways. Based on the activity, the market is categorized into warehousing and handling, as well as transporting and handling. Based on the logistics solutions, the market is categorized into inbound logistics, outbound logistics, reverse logistics, and aftermarket. Further, based on the distribution segment, the market is segmented into domestic and international distribution. Among the mode of transport, the railways sub-segment is anticipated to hold a prominent market share owing to low prices and increased network.

The Transporting and Handling Sub-Segment is Anticipated to Register Significant Growth For The Forecast Period

Among the activity segment, the transporting and handling sub-segment is anticipated to register significant growth for the forecast period. The growth of the international sub-segment is attributed to the factors such as the expansion of the automotive industry, international trade, and increasing investment by logistic companies in e-vehicles for transportation purposes. For instance, in January 2023, Global logistics company XPO invested in 100 electric trucks from Renault Trucks to add its fleet in France. The order is for 16-tonne and 19-tonne commercial vehicles that will be based at 28 XPO sites across France to transport palletized goods. The 16-tonne Renault Trucks E-Tech D was being tested by XPO in Lyon and Paris from October 2021. All of the trucks will be delivered between now and the end of 2024.

Regional Outlooks

The global automotive logistics market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the North America market is anticipated to cater to a prominent growth over the forecast period. However, the Asia-Pacific region is projected to experience considerable growth in the automotive logistics market.

Global Automotive Logistics Market Growth, by Region 2023-2030

Source: OMR Analysis

The Europe Region is anticipated to Hold a Significant Share in the Global Automotive Logistics Market

Among these regions, the Europe market is anticipated to witness significant growth over the forecast period, driven by the presence of major automotive manufacturers and a well-established logistics infrastructure. Also, the growing integration of advanced technologies such as blockchain and increasing investment and funding is anticipated to propel the growth of the market. For instance, in April 2022, Shipping firm Wallenius Wilhelmsen invested in Vinturas, a blockchain platform owned by the major logistics firms that distribute finished cars in Europe. Existing investors include Axess Logistics (Sweden), Koopman Logistics (Netherlands), NVD (Ireland), Autolink (Norway), and Groupe CAT (France). Santander Consumer Finance is the only non-logistics company that is a shareholder.

Market Players Outlook

The major companies serving the global Automotive Logistics market include CEVA Logistics AG, Dachser Intelligent Logistics: Dachser SE, DHL International GmbH, DSV, Panalpina A/S, and Expeditors International of Washington, Inc. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2023, Goodpack executed a Memorandum of Understanding (“MOU”) with CEVA Logistics, a world leader in third-party logistics, and Klean Industries Inc, a leading provider of technologies and solutions to collaborate on the development of a fully holistic supply chain that produces the global solution for end-of-life tires (“ELT”).

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global automotive logistics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.