Automotive Logistic Market is projected to rise at a considerable CAGR during the forecast period from 2021 to 2027. Rising vehicle production worldwide is driving the growth of the automotive logistics market by increasing the demand for automotive logistics services for the transportation of auto parts, spare parts, and finished products. Automotive logistics refers to seamless transportation services and warehousing facilities for finished vehicles, materials, and spare parts from manufacturers to suppliers or end-users. The supply of materials and spare parts and the provision of warehousing services are part of automotive logistics and ensure a smooth operational flow throughout the process. The automotive industry uses logistics services to fully manage the procurement, storage, and movement of resources to different locations.
Automotive suppliers are partnering with various logistics providers to achieve a cost-effective logistics approach. However, fluctuating crude oil prices due to geopolitical factors are acting as a major restraining factor for the market growth. The key players in the market are DHL (Germany), XPO (US), SNCF (France), Kuehne + Nagel (Switzerland), DSV (Denmark), Ryder (US), CEVA (UK), Imperial (South Africa), Panalpina (Switzerland), and Expeditors (US). These market players are adopting several market strategies including mergers and acquisitions, partnerships, and collaborations, and others for gaining a strong position in the market.
(Get 15% Discount on Buying this Report)
A full report of Global Automotive Logistic Market is available at: https://www.orionmarketreports.com/automotive-logistics-market/58589/
The following Segmentation are covered in this report:
By Mode of Transport
- Roadways
- Airways
- Maritime
- Railway
By Activity
- Warehousing & Handling
- Transportation & Handling
By Logistics Solution
- Inbound logistics
- Outbound logistics
- Reverse logistics
- Aftermarket logistics
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Logistic Market.
- The market share of the global Automotive Logistic Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Logistic Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Logistic Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
