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Warehousing and handling, encompassing storage, distribution, and management of vehicles and their components, account for significant automotive logistics market share. Warehouses with advanced technologies, specialised technologies, and skilled personnel, among others are increasingly used by manufacturers to optimise inventory management and improve the operational efficiency of automotive logistics.
Moreover, the rising usage of innovative technologies that can streamline handling and inventory management while automating tedious and monotonous tasks to reduce labour costs is anticipated to fuel the growth of the automotive logistics market in the forecast period.
Automotive Logistics Market Size
Automotive Logistics Market Growth
Automotive Logistics Market Analysis
Automotive Logistics Market Share
Automotive Logistics Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of nearly USD 288.83 billion.
The global automotive logistics market is assessed to grow at a CAGR of 6.4% between 2024 and 2032.
The market is estimated to witness healthy growth during 2024-2032 to reach around USD 503.41 billion by 2032.
The globalisation of car supply chains and the increasing usage of 3PL services by automotive manufacturers are driving the market growth.
The key trends guiding the market growth are surging investments in sustainable supply chain management by key players and the increasing adoption of innovative technologies to optimise the automotive supply chain.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Based on transport the market is divided into roadways, airways, maritime and railway.
The market's key players are Hellmann Worldwide Logistics SE & Co. KG, CEVA Logistics SA, Schenker AG, Deutsche Post AG, Kuehne + Nagel International AG, DSV Group, C.H. Robinson Worldwide, Inc., Kerry Logistics Network Limited, Ryder System, Inc., and Nippon Express Co. Ltd., among others.
Based on service, market segmentations include warehousing and handling and transportation and handling.
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