Automotive Logistics Market: Size, Share, Trends & Forecast (2024-2029)
The market report offers a detailed analysis segmented by Mode of Transport (Roadways, Airways, Maritime, Railways); by Activity (Warehouse Handling, Transportation & Handling); by Logistics Solutions (Inbound Logistics, Outbound Logistics, Reverse Logistics, Aftermarket Logistics); by Distribution Channel (Domestic, International); by Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa).
Outlook
- The automotive logistics market is estimated to be at USD 354.17 Bn in 2024 and is anticipated to reach USD 471.28 Bn in 2029.
- The automotive logistics market is registering a CAGR of 5.88% during the forecast period of 2024-2029.
- The market is experiencing steady growth due to the increasing demand for vehicles, the rise of electric vehicles (EVs), and the expansion of automotive production in emerging economies. Additionally, adopting digitalization and automation in logistics processes is enhancing operational efficiency and cost-effectiveness.
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Ecosystem
- The participants in the global automotive logistics industry are constantly developing their strategies to preserve a competitive advantage.
- These companies innovate and sustain themselves through strategic investments, product development, and technologically advanced and environmentally sustainable pumping solutions.
- Several important entities in the automotive logistics market include DHL Group; XPO, Inc.; SNCF Group; CEVA Logistics SA; APL Logistics Ltd.; and others.
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Findings
| Attributes | Values |
|---|---|
| Historical Period | 2018-2022 |
| Base Year | 2023 |
| Forecast Period | 2024-2029 |
| Market Size (2024) | USD 354.17 Bn |
| Market Size (2029) | USD 471.28 Bn |
| Growth Rate | 5.88% CAGR from 2024 to 2029 |
| Key Segments | Modes of Transport (Roadways, Airways, Maritime, Railways); Activit (Warehouse Handling, Transportation & Handling); Logistics Solutions (Inbound Logistics, Outbound Logistics, Reverse Logistics, Aftermarket Logistics); Distribution Channels(Domestic, International); Geography (North America, South America, Asia Pacific, Europe, The Middle East, Africa) |
| Key Vendors | DHL Group; XPO, Inc.; SNCF Group; CEVA Logistics SA; APL Logistics Ltd. |
| Key Countries | The US; Canada; Mexico; Brazil; Argentina; China; India; Japan; South Korea; The UK; Germany; Italy; France; Spain; Israel; UAE; Saudi Arabia; Egypt; South Africa |
| Largest Market | Asia Pacific |
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Trends
- Digital Transformation in Logistics Operations: Automotive logistics is experiencing a transformative digital shift, driven by the integration of the Internet of Things (IoT), artificial intelligence (AI), and blockchain technologies. These advancements are significantly improving supply chain visibility, enhancing transparency, and boosting overall operational efficiency.
- Adoption of Green Logistics: The push towards sustainability is driving the adoption of green logistics solutions, such as electric trucks and optimized routing to minimize carbon emissions. In 2023, DHL marked a significant milestone by introducing electric delivery trucks for automotive logistics in Germany, underscoring its commitment to reducing environmental impact.
- Innovations in Autonomous Vehicles and Robotics: Innovations like autonomous vehicles and robotics are enhancing operational efficiency and lowering logistics costs by automating processes and optimizing resource use. These advancements streamline workflows, reduce human error, and lead to significant cost savings in logistics operations.
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Catalysts
- Rising Global Vehicle Production: The continuous increase in vehicle production, especially in emerging markets such as China and India, is significantly driving the demand for logistics services. As these regions expand their automotive manufacturing capabilities, there is a heightened need for efficient logistics solutions to manage the rising volume of vehicles and components.
- Growth of Electric Vehicles (EVs): The expansion of the electric vehicle (EV) market is driving a surge in demand for specialized logistics services tailored to the transport of batteries and other critical components. This growth requires advanced logistical solutions to handle the complexities of safely and efficiently moving high-value, sensitive materials.
- E-commerce Growth: The rise of e-commerce platforms for vehicle sales and parts is transforming logistics operations. The need for rapid delivery and last-mile logistics solutions is intensifying. Amazon’s entry into the automotive parts market in 2022 highlighted this trend, with increased logistics activities.
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Restraints
- Complexity of Global Operations: Managing global logistics networks is becoming increasingly complex due to diverse regulations, intricate customs procedures, and shifting trade policies across different regions. These variations create challenges in ensuring compliance, optimizing routes, and maintaining efficiency throughout the supply chain.
- Environmental Regulations: Stringent environmental regulations are forcing logistics providers to adopt greener practices, which can be costly. The EU’s 2023 carbon tax on logistics providers is pushing companies to invest in cleaner technologies, impacting margins.
- Supply Chain Disruptions: The automotive logistics industry continues to grapple with persistent supply chain disruptions caused by geopolitical tensions, natural disasters, and pandemics. These challenges exacerbate delays, increase costs, and complicate inventory management, forcing companies to adopt more resilient strategies and diversify their supply chains.
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Table of Contents
| 1. Introduction 1.1. Research Methodology 1.2. Scope of the Study 2. Market Overview / Executive Summary 2.1. Global Automotive Logistics Market (2018 – 2022) 2.2. Global Automotive Logistics Market (2023 – 2029) 3. Market Segmentation 3.1. Global Automotive Logistics Market by Mode of Transport 3.1.1. Roadways 3.1.2. Airways 3.1.3. Maritime 3.1.4. Railways 3.2. Global Automotive Logistics Market by Activity 3.2.1. Warehouse Handling 3.2.2. Transportation & Handling 3.3. Global Automotive Logistics Market by Logistics Solutions 3.3.1. Inbound Logistics 3.3.2. Outbound Logistics 3.3.3. Reverse Logistics 3.3.4. Aftermarket Logistics 3.4. Global Automotive Logistics Market by Distribution Channel 3.4.1. Domestic 3.4.2. International 4. Regional Segmentation 4.1. North America 4.1.1. The US 4.1.2. Canada 4.1.3. Mexico 4.2. South America 4.2.1. Brazil 4.2.2. Argentina 4.2.3. Colombia 4.2.4. Chile 4.2.5. Rest of South America 4.3. Asia Pacific 4.3.1. China 4.3.2. India 4.3.3. Japan 4.3.4. South Korea 4.3.5. Rest of Asia Pacific 4.4. Europe 4.4.1. The UK 4.4.2. Germany 4.4.3. Italy 4.4.4. France 4.4.5. Spain 4.4.6. Rest of Europe 4.5. The Middle East 4.5.1. Turkey 4.5.2. UAE 4.5.3. Saudi Arabia 4.5.4. Rest of the Middle East 4.6. Africa 4.6.1. Egypt 4.6.2. South Africa 4.6.3. Rest of Africa 5. Value Chain Analysis of the Global Automotive Logistics Market 6. Porter Five Forces Analysis 6.1. Threats of New Entrants 6.2. Threats of Substitutes 6.3. Bargaining Power of Buyers 6.4. Bargaining Power of Suppliers 6.5. Competition in the Industry 7. Trends, Drivers and Challenges Analysis 7.1. Market Trends 7.1.1. Market Trend 1 7.1.2. Market Trend 2 7.1.3. Market Trend 3 7.2. Market Drivers 7.2.1. Market Driver 1 7.2.2. Market Driver 2 7.2.3. Market Driver 3 7.3. Market Challenges 7.3.1. Market Challenge 1 7.3.2. Market Challenge 2 7.3.3. Market Challenge 3 8. Opportunities Analysis 8.1. Market Opportunity 1 8.2. Market Opportunity 2 8.3. Market Opportunity 3 9. Competitive Landscape 9.1. DHL Group 9.2. XPO, Inc. 9.3. SNCF Group 9.4. CEVA Logistics SA 9.5. APL Logistics Ltd. 9.6. Company 6 9.7. Company 7 9.8. Company 8 9.9. Company 9 9.10. Company 10 |
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Automotive Logistics Market – FAQs
1. What is the current size of the automotive logistics market?
Ans. In 2024, the automotive logistics market size is USD 354.17 Bn.
2. Who are the major vendors in the automotive logistics market?
Ans. The major vendors in the automotive logistics market are DHL Group; XPO, Inc.; SNCF Group; CEVA Logistics SA; APL Logistics Ltd.
3. Which segments are covered under the automotive logistics market segments analysis?
Ans. The automotive logistics market report offers in-depth insights into Mode of Transport, Activity, Logistics Solutions, Distribution Channel, and Geography.