The North America Automotive Logistics Market is expected to witness market growth of 7.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America Automotive Logistics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $77.89 billion by 2031. The Canada market is experiencing a CAGR of 9.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 8.4% during 2024-2031.
As the automotive industry undergoes continual transformation due to technological innovations, shifting consumer preferences, and regulatory changes, the necessity for efficient, cost-effective, and robust logistics solutions has reached unprecedented levels. Automotive logistics encompasses the transportation, warehousing, inventory management, and supply chain coordination required to move raw materials, components, and finished vehicles from manufacturers to dealerships and end customers. In light of the industry's intricacies, automotive logistics encompasses an extensive network of suppliers, manufacturers, logistics providers, and distributors collaborating harmoniously to facilitate seamless operations.
The increasing adoption of digitization, IoT, AI, and blockchain is revolutionizing the automotive logistics industry, enabling real-time data sharing, automated fleet management, and transparent tracking of shipments. Another significant trend influencing the automotive logistics market is the expansion of electric vehicles (EVs) and the associated battery supply chains. As governments push for decarbonization and sustainability, automakers invest heavily in EV production, which requires a specialized logistics infrastructure to transport lithium-ion batteries, charging stations, and EV components.
Mexico is establishing itself as a significant participant in the realm of global automotive logistics, leveraging its robust auto parts manufacturing industry and advantageous geographic positioning. The Mexican Automotive Industry Association (AMIA) highlights that the country ranks among the top auto parts producers and exporters, with the United States as its primary export destination. According to the International Trade Administration (ITA), Mexico is the seventh-largest passenger vehicle manufacturer globally, producing 3.5 million vehicles annually, of which 88% are exported. The country’s growing focus on electric and hybrid vehicle production, which reached 51,065 units in 2022, an 8.5% increase from 2021, is driving the need for advanced logistics solutions to efficiently transport automotive components. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
The US market dominated the North America Automotive Logistics Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $77.89 billion by 2031. The Canada market is experiencing a CAGR of 9.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 8.4% during 2024-2031.
As the automotive industry undergoes continual transformation due to technological innovations, shifting consumer preferences, and regulatory changes, the necessity for efficient, cost-effective, and robust logistics solutions has reached unprecedented levels. Automotive logistics encompasses the transportation, warehousing, inventory management, and supply chain coordination required to move raw materials, components, and finished vehicles from manufacturers to dealerships and end customers. In light of the industry's intricacies, automotive logistics encompasses an extensive network of suppliers, manufacturers, logistics providers, and distributors collaborating harmoniously to facilitate seamless operations.
The increasing adoption of digitization, IoT, AI, and blockchain is revolutionizing the automotive logistics industry, enabling real-time data sharing, automated fleet management, and transparent tracking of shipments. Another significant trend influencing the automotive logistics market is the expansion of electric vehicles (EVs) and the associated battery supply chains. As governments push for decarbonization and sustainability, automakers invest heavily in EV production, which requires a specialized logistics infrastructure to transport lithium-ion batteries, charging stations, and EV components.
Mexico is establishing itself as a significant participant in the realm of global automotive logistics, leveraging its robust auto parts manufacturing industry and advantageous geographic positioning. The Mexican Automotive Industry Association (AMIA) highlights that the country ranks among the top auto parts producers and exporters, with the United States as its primary export destination. According to the International Trade Administration (ITA), Mexico is the seventh-largest passenger vehicle manufacturer globally, producing 3.5 million vehicles annually, of which 88% are exported. The country’s growing focus on electric and hybrid vehicle production, which reached 51,065 units in 2022, an 8.5% increase from 2021, is driving the need for advanced logistics solutions to efficiently transport automotive components. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
List of Key Companies Profiled
- Kintetsu World Express, Inc.
- CMA CGM Group
- Deutsche Post DHL Group (The Deutsche Post AG)
- DSV A/S
- BLG LOGISTICS GROUP AG & Co. KG
- Imperial Brands PLC
- Nippon Express Co., Ltd.
- Hellmann Worldwide Logistics SE & Co. KG
- Schenker Storen AG
- Penske Automotive Group, Inc.
Market Report Segmentation
By Type
- Finished vehicle
- Automobile Parts
By Distribution
- Domestic
- International
By Activity
- Warehousing
- Transportation
- Roadways
- Maritime
- Railways
- Airways
By Solution
- Inbound
- Outbound
- Reverse
- Other Solution
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Automotive Logistics Market by Type
Chapter 6. North America Automotive Logistics Market by Distribution
Chapter 7. North America Automotive Logistics Market by Activity
Chapter 8. North America Automotive Logistics Market by Solution
Chapter 9. North America Automotive Logistics Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- Kintetsu World Express, Inc.
- CMA CGM Group
- Deutsche Post DHL Group (The Deutsche Post AG)
- DSV A/S
- BLG LOGISTICS GROUP AG & Co. KG
- Imperial Brands PLC
- Nippon Express Co., Ltd.
- Hellmann Worldwide Logistics SE & Co. KG
- Schenker Storen AG
- Penske Automotive Group, Inc.
Methodology
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