PUBLISHER: Value Market Research | PRODUCT CODE: 1288775
PUBLISHER: Value Market Research | PRODUCT CODE: 1288775
The global demand for Automotive Logistics Market is presumed to reach the market size of nearly USD 732.91 BN by 2030 from USD 330.84 BN in 2022 with a CAGR of 9.24% under the study period 2023-2030.
Automotive logistics refers to the process of managing and coordinating the transportation and delivery of vehicles, parts, and materials within the automotive industry. This includes inbound logistics (the movement of materials and parts into production facilities) and outbound logistics (the movement of finished vehicles from the production line to dealerships or other destinations). Automotive logistics is a complex and highly coordinated process that involves multiple stakeholders, including manufacturers, suppliers, logistics providers, and dealerships. It ensures timely and efficient delivery of vehicles and parts to meet customer demand while minimizing costs and optimizing the supply chain.
The demand for automobiles is increasing around the world due to factors such as rising urbanization, increasing population, and higher disposable incomes. This is driving the need for efficient logistics systems to transport vehicles from manufacturers to dealerships. The automotive industry has become increasingly globalized in recent years, with manufacturers and suppliers located in different regions around the world. This has led to the need for complex logistics networks to transport components, parts, and finished vehicles between different locations. The automotive logistics industry is highly competitive, and manufacturers are looking for ways to reduce costs and improve efficiency. This has led to a focus on optimizing supply chain management and logistics operations, using technologies such as route optimization and real-time tracking to minimize transportation costs and reduce lead times. Advances in technology are driving innovation in the automotive logistics industry, with the use of automation, data analytics, and IoT sensors helping to improve efficiency and reduce costs. For example, self-driving trucks and drones are being developed to transport vehicles and parts, while predictive analytics are being used to optimize inventory management and reduce waste. The scaling pressure on the automotive industry to reduce its environmental impact is driving the adoption of more sustainable logistics practices. For example, companies are using more eco-friendly transportation methods and looking for ways to reduce packaging waste and improve recycling.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive logistics. The growth and trends of automotive logistics industry provide a holistic approach to this study.
This section of the automotive logistics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Automotive Logistics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive logistics market include Bollore Transport & Logistics, BLG Logistics Group AG & Co. KG, CEVA Logistics, CJ Logistics Corporation, DACHSER Group SE & Co. KG, DB Schenker, DHL International GmbH, DSV A/S, Expeditors International of Washington, Inc., GEODIS, GEFCO, Hellmann Worldwide Logistics GmbH & Co. KG, Imperial Logistics, Kerry Logistics Network Limited, Kuehne + Nagel International AG, Nippon Express Co., Ltd., Panalpina World Transport (Holding) Ltd., Ryder System, Inc., Schnellecke Group AG & Co. KG, Sinotrans Limited, SNCF, United Parcel Service of America, Inc., XPO Logistics, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.