PUBLISHER: Allied Market Research | PRODUCT CODE: 1179806
PUBLISHER: Allied Market Research | PRODUCT CODE: 1179806
Automotive logistics is widely known as the process of coordinating and moving resources, such as equipment, inventory, and materials associated with finished vehicles o automotive parts from one location to the desired destination. It is the management of the flow of goods from one point of origin to the point of consumption, to meet the requirement of customers. Logistics management focuses on the efficiency and effective management of daily activities concerning the production of the company's finished goods and services.
The finished vehicles segment is expected to register the highest growth during the forecast period due to rising demand for electric vehicles and low-emission vehicles. Several government initiatives to curb harmful emission is promoting the sale of electric and battery-powered vehicles across various regions. In addition, governments of different regions are offering tax credits and other numerous benefits for the purchase of electric cars. Consequently, the above-mentioned factors are predicted to fuel the growth of the finished vehicle segment during the forecast period.
Growth of the global automotive logistics market is propelling, owing to growth in international trade, expansion of the e-commerce industry globally, and rise in the free trade agreements between nations. However, stringent emission regulations restrain the growth of the market. Furthermore, technological advancements are factors expected to offer growth opportunities during the forecast period.
The automotive logistics market is segmented on the basis of service, mode of transport, type, distribution area, and region. By service, it is segmented into warehousing and transportation. By mode of transport, it is segmented into land, air, and sea. By type, it is classified into finished vehicles and automotive parts. By distribution area, the market is categorized into domestic and international. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
By Mode of Transport
By Distribution Area
By Service
By Type
By Region