The report on the global automotive logistics market provides qualitative and quantitative analysis for the period from 2021-2030. The global automotive logistics market was valued at USD 221.76 billion in 2022 and is expected to reach USD 363.03 billion in 2030, with a CAGR of 5.51% during the forecast period 2023-2030. The study on automotive logistics market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
The automotive logistics market is a vital component of the global automotive industry, encompassing the planning, management, and execution of the movement of vehicles, parts, and components from suppliers to manufacturers assembly plants, distribution centres, and ultimately to dealerships, end consumers and also manufacturers to the end users. This industry plays a pivotal role in ensuring the seamless flow of materials and vehicles across various geographical regions, contributing to the efficiency and profitability of automotive manufacturers and suppliers. Additionally, the driving factor of the automotive logistics market is the global demand for vehicles, which creates a need for efficient and cost-effective transportation and supply chain solutions. The growth of the automotive industry, expansion into emerging markets, and the rise of e-commerce for automotive parts and accessories contribute to the increased demand for logistics services in this sector.
The railway sector is established itself as the fastest growing segment in the automotive logistics market. This growth can be attributed by several factors, including their cost-efficiency, reduced environmental impact, and capacity to handle large volumes of vehicles. Rail transport offers a reliable and sustainable option for moving automobiles across long distances, making it increasingly popular among manufacturers and shippers. With ongoing advancements in rail logistics and infrastructure, this trend is expected to continue, further solidifying railways as a crucial player in automotive logistics. Additionally, automobile manufacturers are strategically expanding their reliance on rail transport for vehicle distribution. The transport via rail not only contributes to carbon emission reduction but also facilitates direct and efficient vehicle delivery to specific states. For instance, Maruti Suzuki successfully transported around 15% of its total sales via railways in 2021-2022, with a concerted push to elevate this figure to 30% within the next 5-6 years. This growing utilization of railways in the logistics sector is a driving force behind market growth.
The major market share in the automotive logistics industry is expected to hold by the Asia-Pacific region, primarily due to the presence of emerging economic powerhouses such as China and India. Several factors, including the ready availability of raw materials, a growing demand for vehicles within the region, a rising population, and access to a workforce with lower wage expectations, are projected to be key drivers of the automotive logistics market in this area. For instance, in 2022, global motor vehicle production reached 85.4 million units, marking a 5.7% increase compared to the previous year, 2021. In China, vehicle production in 2022 increased to 27.2 million units from the 26.4 million units manufactured in 2021, thereby contributing to the market's expansion. Additionally, the Asia-Pacific (APAC) region hosts several prominent automotive OEM companies, including Toyota, Maruti Suzuki, Hyundai, and SAIC Motor Corporation Limited, among others. As production and trade activities continue to rise, there is a growing need for logistics firms to oversee and enhance the procurement, transportation, and storage operations of these OEMs, thereby optimizing their supply chains more effectively.
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
2. Complete coverage of all the segments in the automotive logistics market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global automotive logistics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
The automotive logistics market is a vital component of the global automotive industry, encompassing the planning, management, and execution of the movement of vehicles, parts, and components from suppliers to manufacturers assembly plants, distribution centres, and ultimately to dealerships, end consumers and also manufacturers to the end users. This industry plays a pivotal role in ensuring the seamless flow of materials and vehicles across various geographical regions, contributing to the efficiency and profitability of automotive manufacturers and suppliers. Additionally, the driving factor of the automotive logistics market is the global demand for vehicles, which creates a need for efficient and cost-effective transportation and supply chain solutions. The growth of the automotive industry, expansion into emerging markets, and the rise of e-commerce for automotive parts and accessories contribute to the increased demand for logistics services in this sector.
The railway sector is established itself as the fastest growing segment in the automotive logistics market. This growth can be attributed by several factors, including their cost-efficiency, reduced environmental impact, and capacity to handle large volumes of vehicles. Rail transport offers a reliable and sustainable option for moving automobiles across long distances, making it increasingly popular among manufacturers and shippers. With ongoing advancements in rail logistics and infrastructure, this trend is expected to continue, further solidifying railways as a crucial player in automotive logistics. Additionally, automobile manufacturers are strategically expanding their reliance on rail transport for vehicle distribution. The transport via rail not only contributes to carbon emission reduction but also facilitates direct and efficient vehicle delivery to specific states. For instance, Maruti Suzuki successfully transported around 15% of its total sales via railways in 2021-2022, with a concerted push to elevate this figure to 30% within the next 5-6 years. This growing utilization of railways in the logistics sector is a driving force behind market growth.
The major market share in the automotive logistics industry is expected to hold by the Asia-Pacific region, primarily due to the presence of emerging economic powerhouses such as China and India. Several factors, including the ready availability of raw materials, a growing demand for vehicles within the region, a rising population, and access to a workforce with lower wage expectations, are projected to be key drivers of the automotive logistics market in this area. For instance, in 2022, global motor vehicle production reached 85.4 million units, marking a 5.7% increase compared to the previous year, 2021. In China, vehicle production in 2022 increased to 27.2 million units from the 26.4 million units manufactured in 2021, thereby contributing to the market's expansion. Additionally, the Asia-Pacific (APAC) region hosts several prominent automotive OEM companies, including Toyota, Maruti Suzuki, Hyundai, and SAIC Motor Corporation Limited, among others. As production and trade activities continue to rise, there is a growing need for logistics firms to oversee and enhance the procurement, transportation, and storage operations of these OEMs, thereby optimizing their supply chains more effectively.
Report Findings
1) Drivers
- The expansion of automotive production globally which drives the demand for efficient logistics to transport components and finished vehicles worldwide.
- The rise in EV production requires specialized logistics for batteries and components, stimulating growth in the automotive logistics market.
2) Restraints
- Fluctuating fuel prices and regulatory challenges related to emissions and safety standards hamper the market.
3) Opportunities
- Adoption of advanced technologies such as autonomous vehicles and blockchain for supply chain management presents significant opportunities in the automotive logistics market.
Research Methodology
A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
The primary research respondents typically include
1. Executives working with leading companies in the market under review2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.The secondary sources of the data typically include
1. Company reports and publications2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global automotive logistics market is segmented on the basis of type, mode of transport, distribution area, and logistic solution.The Global Automotive Logistics Market by Type
- Finished Vehicles
- Automotive Parts
The Global Automotive Logistics Market by Mode of Transport
- Roadways
- Airways
- Maritime
- Railways
The Global Automotive Logistics Market by Distribution Area
- Domestic
- International
The Global Automotive Logistics Market by Logistic Solution
- Inbound
- Outbound
- Reverse
- Aftermarket
Company Profiles
The companies covered in the report include- BLG LOGISTICS GROUP AG & Co. KG
- CEVA Logistics
- AUTOMOTIVE LOGISTICS
- Hellmann Worldwide Logistics
- Penske Automotive Group, Inc.
- Expeditors International of Washington, Inc.
- Imperial Logistics
- KERRY LOGISTICS NETWORK LIMITED
- BOLLORÉ LOGISTICS
- Ryder System, Inc.
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the automotive logistics market.2. Complete coverage of all the segments in the automotive logistics market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global automotive logistics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Automotive Logistics Market Overview
Chapter 5. Company Profiles and Competitive Landscape
Chapter 6. Global Automotive Logistics Market by Type
Chapter 7. Global Automotive Logistics Market by Mode of Transport
Chapter 8. Global Automotive Logistics Market by Distribution Area
Chapter 9. Global Automotive Logistics Market by Logistic Solution
Chapter 10. Global Automotive Logistics Market by Region 2023-2030
Companies Mentioned
- BLG LOGISTICS GROUP AG & Co. KG
- CEVA Logistics
- AUTOMOTIVE LOGISTICS
- Hellmann Worldwide Logistics
- Penske Automotive Group, Inc.
- Expeditors International of Washington, Inc.
- Imperial Logistics
- KERRY LOGISTICS NETWORK LIMITED
- BOLLORÉ LOGISTICS
- Ryder System, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 300 |
Published | May 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 221.76 Billion |
Forecasted Market Value ( USD | $ 363.03 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |