Industry Background:
Automotive logistics is process of transportation of automotive component, vehicles, and spare parts. There is two type of automotive logistics including vehicles components and finished vehicle. Automotive logistics are done by different transportation mode including road, rail, sea and air. Rising production of vehicles will help to expand global automotive logistics market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | APL Logistics (Singapore), BLG Logistics (Germany), CEVA Logistics (Switzerland), DB Schenker (Germany), DHL Supply Chain (Germany), Gefco (France), Kerry Logistics Network (Hong Kong), Kuehne + Nagel (Switzerland), Penske Logistics (Penske Truck Leasing) (United States) and Ryder System (United States) |
This growth is primarily driven by Growth in the Automotive Industry and Rising Production of Vehicles.
Globally, a noticeable market trend is evident Digitalization of Transport and Logistics
The Air Freight & Logistics sector in the Europe region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as APL Logistics (Singapore), BLG Logistics (Germany), CEVA Logistics (Switzerland), DB Schenker (Germany), DHL Supply Chain (Germany), Gefco (France), Kerry Logistics Network (Hong Kong), Kuehne + Nagel (Switzerland), Penske Logistics (Penske Truck Leasing) (United States) and Ryder System (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Global automotive logistics market is intensively competitive due to the presence of very few players including APL Logistics (Singapore), BLG Logistics (Germany), CEVA Logistics (Switzerland), DB Schenker (Germany) and others. To improve and enlarge their portfolio and to improve a competitive edge over their opponents in the automotive logistics market, the market players are also concentrating on following growth and acquisition tactics.
Key Developments in the Market:
In July 2022, CMA CGM Group has been approved by the European Union Competition Authority and will be in a position to integrate GEFCO into its Logistics division[1]. GEFCO is the European leader in automotive logistics and can strengthen the range of logistics services of CEVA Logistics, a subsidiary of the CMA CGM Group, especially in France and the rest of Europe.
On 13th November 2018, DB Schenker has launched another new online platform, the spares logistics divisions of customers from the industrial and aerospace sectors are now also being digitalized.
Influencing Trend:
Digitalization of Transport and Logistics and Increasing Visibility across the Supply Chain
Market Growth Drivers:
Growth in the Automotive Industry and Rising Production of Vehicles
Challenges:
Lack of Visibility of Automotive Supply Chains
Restraints:
Strict Government Regulations
Opportunities:
Technological Advancement in Automotive Logistics
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Automotive Logistics Market
- Analysis about New Entrants in Automotive Logistics Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Automotive Logistics Study Sheds Light on
The Automotive Logistics Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Automotive Logistics industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Automotive Logistics industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.