Title: Automotive Logistics Market – Trends Forecast Till 2030
1Automotive Logistics Market Navigating
Disruptions Strategies for Success in 2030
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2Automotive Logistics Market Trends Forecast
Till 2030
The report provides a basic overview of the
industry, including definitions, classifications,
applications, and industry chain structure. The
Automotive Logistics Market analysis is provided
for the Global markets, including development
trends, competitive landscape analysis, and key
regions development status. This research report
offers a summarized data of different dynamic
aspects of the business.
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3Market Overview
The global Automotive Logistics market size was
estimated at USD 413.7 billion in 2023 and is
projected to reach USD 700.2 billion in 2030 at a
CAGR of 7.8 during the forecast period
2023-2030. The automotive logistics encompasses
the fluidity of the vehicles, components, spare
parts, and raw materials of the automotive
producer in the course of automotive procurement,
production, and sales. The logistics in the
automotive industry encompass the management of
inbound transportation of raw materials and
components, the management of garage
transportation during the production process, and
the management of transportation of vehicles and
spare parts, which includes distribution
processing delivery, object purchasing, loading
and unloading, storage, transportation, and
information processing. Due to the rapid
progression of the automotive industry, the
automotive logistics sector plays a crucial role
in cost reduction throughout the supply chain.
The COVID-19 pandemic has resulted in a situation
where automakers have been compelled to engage in
a realignment of their supply chains. The primary
focus of this realignment is the localization of
production in order to mitigate the risk
associated with the heavy reliance on a single
region. It is pertinent to note that the majority
of the semiconductors that are employed in the
manufacture of vehicles are sourced from regions
such as Taiwan and China.
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4Market Overview
The field of automotive logistics is an
extensively recognized and acknowledged process
that is primarily concerned with the coordination
and movement of a diverse range of resources.
These resources may include but are not limited
to equipment, inventory, and materials that are
associated with finished vehicles and automotive
parts. This intricate process involves the
management of the flow of goods from a particular
point of origin to the point of consumption, with
the ultimate goal of satisfying the unique and
specific requirements of customers. The
management of logistics is predominantly focused
on the efficient and effective management of a
wide range of daily activities that are
associated with the production of a company's
finished goods and services. This type of
management is an integral part of the supply
chain management process and is responsible for
planning, implementing, and controlling the
efficient, effective forward, reverse flow, and
storage of goods. It is a complex and
multifaceted process that requires a high level
of skill and expertise to ensure that the entire
logistics process runs smoothly and efficiently.
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5Competitive Landscape
- DB Schenker
- Hellmann Worldwide Logistics SE Co. KG
- APL Logistics Ltd
- BLG LOGISTICS GROUP AG Co. KG
- CEVA Logistics
- KuehneNagel
- Expeditors International
- DSV
- XPO Logistics, Inc.
- Deutsche Post AG
- SINOTRANS Limited
- C.H. Robinson Worldwide, Inc.
- GEFCO
- Ryder System, Inc.
- Schnellecke group ag co. Kg
- Penske Automotive Group, Inc.
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6Regional Analysis
- Asia pacific to Dominate the Market
- Asia Pacific held the largest automotive
logistics market. Factors such as the rising
demand for vehicles, availability of raw
materials, and low wages are responsible for the
exponential growth of automobile production in
this region. - The presence of major OEMs, such as Honda,
Toyota, Hyundai, and BYD that are focused on
localizing their production to reduce operational
costs and export vehicles to various countries
and regions, such as the U.S. and Europe are also
responsible for the growth of the automotive
industry in this region.
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7Recent Developments
- In December 2022, Delhivery, a company that
provides logistics services, has recently made an
announcement regarding its acquisition of
Algorhythm Tech Pvt Ltd of Pune. This acquisition
was made for a sum of INR 14.9 crores (USD 17.99
Million) in an all-cash purchase, with the
objective of expanding the company's integrated
supply chain solutions portfolio. Delhivery has
set a goal to complete the acquisition by the end
of January 2023, and at that point, Algorhythm
Tech will operate as a fully-owned subsidiary of
the logistics company, which is headquartered in
Gurugram. - In August 2022, Bolloré Logistics, a global
provider of transportation and logistics
services, increased its presence in Australia by
purchasing the South Australian firm Lynair
Logistics. According to Thibault Janssens, CEO of
Bolloré Logistics, Pacific Region, the purchase
of Lynair Logistics further enhances their
footprint in Australia, and they are glad to
welcome their new, experienced, and highly
skilled team members into the Bolaloré Logistics
Australia team.
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8Reasons to Acquire
- Increase your understanding of the market for
identifying the most suitable strategies and
decisions based on sales or revenue fluctuations
in terms of volume and value, distribution chain
analysis, market trends, and factors. - Gain authentic and granular data access for the
Automotive Logistics Market to understand the
trends and the factors involved in changing
market situations. - Qualitative and quantitative data utilization to
discover arrays of future growth from the market
trends of leaders to market visionaries and then
recognize the significant areas to compete in the
future. - In-depth analysis of the changing trends of the
market by visualizing the historic and forecast
year growth patterns.
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9Contact Information
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