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Automotive Logistics Market worth $472.9 billion by 2025


[167 Pages Report] Automotive Logistics Market report categorizes the global market by Activity (Warehouse, Transport), Logistics Service (Inbound, Outbound, Reverse, Aftermarket), Mode of Transport (Roadways, Railways, Maritime, Airways), Distribution, and Region – PowerPoint PPT presentation

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Title: Automotive Logistics Market worth $472.9 billion by 2025

MarketsandMarkets Presents

Automotive Logistics Market worth 472.9 billion
by 2025
The report "Automotive Logistics Market by
Activity (Warehouse, Transport), Logistics
Service (Inbound, Outbound, Reverse,
Aftermarket), Mode of transport (Roadways,
Railways, Maritime, Airways), Distribution, and
Region - Global Forecast to 2025", The automotive
logistics market is estimated to be USD 284.1
billion in 2018 and is projected to reach USD
472.9 billion by 2025, at a CAGR of 7.55.
Increasing vehicle production and infrastructure
development in emerging countries will drive the
market during the forecast period. Get The PDF
Brochure For This Report https//www.marketsandm
Browse 65 market data Tables and 50 Figures
spread through 167 Pages and in-depth TOC
on "Automotive Logistics Market
Transportation is estimated to be the largest
segment of the automotive logistics market during
the forecast period Increasing global vehicle
production has increased the demand for logistics
services for the transportation of automotive
components, accessories, spare parts, and
finished vehicles. Due to low labor costs and
taxes, Asia has become the hub of automotive
production. It accounts for 55 of the global
passenger car and LCV production. In the
automotive logistics supply chain, transportation
of components, accessories, spare parts, and
finished vehicles is more expensive. These
vehicles and components are exported to Europe
and North America and require a multimodal mode
of transport. According to experts, the
introduction of electric vehicles will cause
major changes in the automotive logistics supply
chain. The logistics services for transportation
and handling of batteries are expected to account
for significant part of inbound
logistics. Request Sample of the
report https//
Maritime logistics is estimated to be the fastest
growing mode of transport in the automotive
logistics market The transportation of cargo
through waterways is more economical than
roadways and railways. It does not require a huge
capital investment in construction and
maintenance, except in the case of canals.
Various countries such as France, Germany, Spain,
China, India, and Brazil are working toward
increasing the share of maritime transport in the
logistics industry through investments and
favorable policies. For instance, the European
Union is working on 5 priority infrastructure
projects that include 3 rail-marine projects and
2 inland waterways projects. Thus, marine
logistics is estimated to witness the fastest
growth during the forecast period. Dont
miss out on business opportunities in Automotive
Logistics Market. Speak to our analyst and gain
crucial industry insights that will help your
business grow.
Increased vehicle production and the presence of
key OEMs would drive the Asia Oceania automotive
logistics market Asia Oceania has emerged as a
hub for automotive production in recent years
because of changing consumer preferences,
increasing disposable income of the middle-class,
and cost advantages for OEMs. China and Japan
have the largest vehicle production in the
region. Vehicles are exported from China, Japan,
and South Korea to Europe and North America.
China is the largest market for automotive
logistics because of its huge vehicle production.
With the One Belt, One Road (OBOR) initiative,
China plans to improve infrastructure
connectivity in East Asia, Southeast Asia, South
Asia, Central Asia, and Europe. The OBOR project
bodes well for the automotive logistics industry
as it would lead to seamless connectivity from
Asia to Europe. The automotive logistics market
is consolidated and dominated by a few global
players. The key players in the market are DHL
(Germany), XPO (US), SNCF (France), Kuehne
Nagel (Switzerland), and DSV (Denmark). https
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