A recent report published by
Infinium Global Research on automotive logistics market provides in-depth
analysis of segments and sub-segments in the global as well as regional
automotive logistics market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional automotive
logistics market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
automotive logistics market. According to the report, the global automotive
logistics market is projected to grow at a CAGR of 4.8% over the forecast
period of 2021-2027.

Market
Insight
The automotive logistics market
was valued at USD 319.69 billion in 2021 and is anticipated to reach USD 423.79
billion in 2027, growing with a CAGR of 4.8% during the projection period. The
automotive business has been one of the major contractors of logistics
enterprises over the years, and the latter has promoted enormously from the
automotive industry. Furthermore, the automotive industry players constantly
partner with logistics players to transport their components and finished
vehicles from one location to another. In addition, the automotive logistics is
stated to the seamless transportation service and warehousing facilities for
the finished vehicles, its materials and spare parts from the industrialist to
supplier or end-user. Supplying materials and spare parts and offering
warehouse services are parts of the automotive logistics and safeguards a
smooth flow of operations throughout the procedure.
The automotive logistics market is
experiencing tremendous growth on account of the increasing transportation all
across the world. Furthermore, the growing need for vehicle production and the
increasing need of manufacturers for on-time delivery are some other factors
pouring the automotive logistics market growth. In addition, the increasing
demand for electric vehicles and the incorporation of technological innovations
with autonomous vehicles are factors imposing a positive outlook on the
automotive logistics market growth. Moreover, the collaboration and
partnerships among the automobile manufacturers and logistics providers are
snowballing, which is expected to provide growth opportunities for the
automotive logistics market in the near future. On the other hand, the issue
associated with the high initial investment is hindering the growth of the
market.
Among the geographies, the Asia
Pacific region is expected to hold the largest share in the global automotive
logistics market owing to the presence of numerous key players in the region.
Further, the region is also projected to account for the largest share in the
global automotive logistics market due to increasing on-going investments in
airways, roadways, railways, and maritime trade across developing countries,
such as China, India, and Japan, are anticipated to bolster logistics and
warehousing demand over the projection period. However, the European region is
expected to grow with a substantial CAGR in the automotive logistics market
during the forecast period. The European regional share is escalating together
with the increasing transport of finished vehicles along with the concentration
of car manufacturers.
Segment
Covered
The report on global automotive
logistics market covers segments such as solution, mode of transport, and
distribution. On the basis of solution, the sub-markets include inbound,
outbound, reverse, and aftermarket. On the basis of mode of transport, the
sub-markets include airways, railways, maritime, and roadways. On the basis of
distribution, the sub-markets include international, and domestic.
Companies
Profiled:
The report provides profiles of
the companies in the market such as BLG LOGISTICS GROUP AG & Co. KG, CEVA
Logistics, GEFCO, Hellmann Worldwide Logistics, Penske Automotive Group, Inc.,
CFR Rinkens, Expeditors International of Washington, Inc., Imperial Logistics,
Kerry Logistics Network, and Nippon Express Co. Ltd.
Report
Highlights:
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of automotive logistics market. Moreover, the study highlights current
market trends and provides forecast from 2021-2027. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.