Automotive Logistics Market research provides a new perspective into the components and workings of the Automotive Logistics Market on global as well as regional levels. The report serving as an invaluable source of guidance for readers covers an analysis overview of the industry chain of the global market and discusses key elements associated with it, the report focuses on the global status, future forecast, growth opportunity, key market, and key players.
Automotive Logistics Market size was estimated at USD 413.7 billion in 2023 and is projected to reach USD 700.2 billion in 2030 at a CAGR of 7.8% during the forecast period 2023-2030.
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The automotive logistics encompasses the fluidity of the vehicles, components, spare parts, and raw materials of the automotive producer in the course of automotive procurement, production, and sales. The logistics in the automotive industry encompass the management of inbound transportation of raw materials and components, the management of garage transportation during the production process, and the management of transportation of vehicles and spare parts, which includes distribution processing delivery, object purchasing, loading and unloading, storage, transportation, and information processing. Due to the rapid progression of the automotive industry, the automotive logistics sector plays a crucial role in cost reduction throughout the supply chain.
Top Key Competitors of Automotive Logistics Market:
• DB Schenker
• Hellmann Worldwide Logistics SE & Co. KG
• APL Logistics Ltd
• BLG LOGISTICS GROUP AG & Co. KG
• CEVA Logistics
• Kuehne+Nagel
• Expeditors International
• DSV
• XPO Logistics, Inc.
• Deutsche Post AG
• SINOTRANS Limited
• C.H. Robinson Worldwide, Inc.
• GEFCO
• Ryder System, Inc.
• Schnellecke group ag & co. Kg
• Penske Automotive Group, Inc. and More
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Automotive Logistics Market Segmentations:
By Mode of Transport
• Roadways
• Airways
• Maritime
• Railway
By Activity
• Warehousing & Handling
• Transportation & Handling
By Logistics Solutions
• Inbound logistics
• Outbound logistics
• Reverse logistics
• Aftermarket logistics
By Distribution
• Domestic
• International
Recent Developments
• In December 2022, Delhivery, a company that provides logistics services, has recently made an announcement regarding its acquisition of Algorhythm Tech Pvt Ltd of Pune. This acquisition was made for a sum of INR 14.9 crores (USD 17.99 Million) in an all-cash purchase, with the objective of expanding the company's integrated supply chain solutions portfolio. Delhivery has set a goal to complete the acquisition by the end of January 2023, and at that point, Algorhythm Tech will operate as a fully-owned subsidiary of the logistics company, which is headquartered in Gurugram.
• In August 2022, Bolloré Logistics, a global provider of transportation and logistics services, increased its presence in Australia by purchasing the South Australian firm Lynair Logistics. According to Thibault Janssens, CEO of Bolloré Logistics, Pacific Region, the purchase of Lynair Logistics further enhances their footprint in Australia, and they are glad to welcome their new, experienced, and highly skilled team members into the Bolaloré Logistics Australia team.
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Reasons to Acquire
• Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
• Gain authentic and granular data access for the Automotive Logistics Market to understand the trends and the factors involved in changing market situations.
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
In addition to the market data for the Automotive Logistics Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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