The Business Research Company’s report on the Automotive Logistics Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the automotive logistics market?
The increasing efficiency in finished vehicle logistics is expected to propel the growth of the automotive logistics market going forward. Finished vehicle logistics refers to a series of stages and processes through which cars get safely delivered to the end customers. This process involves transporting or delivering vehicles from the manufacturer to the customers domestically or internationally. Finished vehicle logistics is used by the automotive industry for the safer delivery of cars as a result to increase in efficiency in finished vehicle logistics will increase the demand for automotive logistics. For instance, in April 2023, the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, reported that passenger vehicle exports surged nearly 60% in 2022, surpassing 2.5 million units. Therefore, the increasing efficiency in finished vehicle logistics is driving the growth of the automotive logistics market.
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How has the automotive logistics market size evolved, and what are the latest forecasts for its expansion?
The automotive logistics market size has grown strongly in recent years. It will grow from $286.51 billion in 2024 to $308.26 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to emerging markets growth, increasing sales of automobiles, and growth in international trade.
The automotive logistics market size is expected to see strong growth in the next few years. It will grow to $429.49 billion in 2029 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to increasing government support, global population growth and urbanization, increasing production of electric vehicles, and growing e-commerce sales. Major trends in the forecast period include developing new technologies to aid in the transportation of vehicles and their inventory, using electric vehicles (EVs) for effective last-mile delivery due to their high maneuverability and small carbon footprint, focusing on partnerships and acquisitions to improve the financial strength and geographical presence, developing advanced logistics management platforms to closely monitor the delivery status of vehicles, and launching new products and solutions to strengthen their position in the market.
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Which major companies dominate the automotive logistics market?
Major companies operating in the automotive logistics market include Deutsche Post DHL Group, Kuehne + Nagel International AG, DSV A/S, Deutsche Bahn, Nippon Express Co., Ltd, CEVA Logistics AG, Geodis SA, Expeditors International, Penske Automotive Group, Inc, Kerry Logistics Network Limited, Hyundai Mobis, Mitsui O.S.K. Lines, STAC Co. Ltd., CJ Logistics, Sinotrans Limited, China Ocean Shipping Company, Anji Logistics, Yusen Logistics Co., Ltd., Eddie Stobart Group, Hellmann Worldwide Logistics, Schenker Deutschland AG, BLG Logistics Group AG and Co. KG, Panalpina, Schnellecke, GEFCO, TNT Express, DB Schenker, Maersk, FESCO Transportation Group, CFR Rinkens LLC, Dachser Group SE and Co. KG, Neovia Logistics Services, LLC, Ryder System Inc., XPO Logistics, Inc., C.H. Robinson, UPS Supply Chain Solutions, FedEx, Brasil Terminal Portuário, Tegma Gestão Logística, TASA Logística, Terminal Zárate, ECSA Group, Ultraport, Grupo Puerto de Cartagena, Andina Freight, TISUR, Logística Andina, Globalink Logistics Group, Port of Haifa, ZIM Integrated Shipping Services, DP World, GAC Dubai, Saudi Global Ports, Bahri Logistics, Qatar Ports Management Company, Milaha, Turkon Holding, Mars Logistics, Emirates SkyCargo, Agility Logistics, Imperial Logistics Ltd., Bidvest Panalpina Logistics, Bakers Transport
What trends will shape the future of the automotive film market?
Major companies operating in the automotive logistics market are focusing on developing innovative products, such as integrated logistics platforms, to streamline transportation operations and enhance supply chain management. Integrated logistics platforms refer to comprehensive software solutions that manage and optimize all aspects of supply chain and transportation operations, providing seamless coordination among shippers, carriers, and logistics providers. For instance, in June 2024, Cox Automotive, a US-based company, launched Central Dispatch Enterprise, designed to streamline and optimize transportation operations for large automotive shippers and brokers. It offers a private marketplace with customizable, end-to-end capabilities, leveraging first-party data and market intelligence to enhance supply chain management. The platform includes features such as automated processes, APIs for seamless integration, and a carrier mobile app for efficient transactions, providing clients with tools to increase operational efficiency and profitability in the automotive logistics sector.
Which region dominates the automotive logistics market, and what factors contribute to its leadership?
Asia-Pacific was the largest region in the automotive logistics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How is the automotive logistics market segmented, and which segment holds the largest share?
The automotive logistics market covered in this report is segmented –
1) By Type: Outsourcing, Insourcing
2) By Activity: Warehousing And Handling, Transportation And Handling
3) By Mode Of Transport: Roadways, Airways, Railway, Maritime
4) By Services: Transportation, Warehousing, Packaging Processes, Integrated Service, Reverse Logistics
5) By Distribution: Domestic, International
Subsegments:
1) By Outsourcing: Third-Party Logistics (3PL), Fourth-Party Logistics (4PL)
2) By Insourcing: In-House Logistics Management, Dedicated Logistics Services
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How is the automotive logistics market defined, and what are its core characteristics?
Automotive logistics refers to a set of activities conducted for the smooth transportation of automotive spare parts and finished vehicles. Automotive logistics consists of inbound procurement, outsourcing & distribution of spare parts, and transporting finished vehicles domestically or internationally and the complexity of the supply chain of automotive logistics requires process planning to achieve maximum efficiency in manufacturing.
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