Automotive Logistics Tech: Ultimate PDF Guide [2024]

Increasing vehicle production, upcoming infrastructure projects, and the advent of electric vehicles are driving significant market growth. Additionally, advancements in automotive technologies, government initiatives promoting eco-friendly transportation, and rising consumer demand for fuel-efficient and innovative vehicles are further fueling this trend. The integration of smart systems, connectivity solutions, and electrification across various vehicle segments is also opening new opportunities in both developed and emerging markets. These factors collectively position the automotive sector for robust expansion in the coming years.

The automotive logistics market size was valued at USD 284.1 billion in 2018 and is expected to reach USD 472.9 billion by 2025, at a CAGR of 7.55%?

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Domestic distribution to be the largest contributor in the automotive logistics market during the forecast period

Domestic logistics include the services required to transport automotive vehicle and goods within a country and region. For example, a passenger car manufactured in China and shipped to India would be included in the domestic logistics market of Asia Oceania. International logistics market in a region includes the logistics services required to transport vehicles from one region to another. For example, a passenger car manufactured in Asia and transported to Europe would be included in the international logistics market of Asia Oceania. Asia Oceania is the largest market for domestic logistics due to large-scale automobile production in China, Japan, and India. Europe is the second largest market as the EU has facilitated the easy movement of man and materials amongst the EU counties. Similarly, in North America, cars and components manufactured in the US can be easily transported to Canada and Mexico. Thus, domestic distribution is expected to grow at a brisk rate during the forecast period.

Warehouse to have the fastest growth in this market during the forecast period

The key players operating in the logistics industry also offer warehousing services to OEMs as well as Tier I/Tier II component manufacturers. These services offered by logistics providers ensure that OEMs can deploy just in time (JIT) and just in sequence (JIS) assembly line production. The demand for these services depends on vehicle production. Hence, the regions with higher vehicle production will have a larger share in the warehousing market. In addition to warehousing, logistics service providers also offer assembly services for OEMs. For instance, DSV provides component assembly and warehousing services for Volvo Cars at Ghent, Belgium. Volvo manufactures its XC60, S60, V40, and V40 Cross Country models at the plant. During the forecast period, the warehouse segment is expected to witness the fastest growth due to the pre-assembly of components and increased vehicle production.

Asia Oceania is expected to account for the largest market size during the forecast period

The automotive logistics industry has witnessed substantial growth, particularly in emerging economies such as China and India. Asia Oceania is expected to witness an annual growth of 7-8% in line with global growth during the next 8 years. The region has witnessed growth in automotive production due to low wages, availability of raw materials, increased demand for vehicles, and presence of major OEMs such as Toyota (Japan), Maruti Suzuki (India), SAIC (China), Honda (Japan), Geely (China), and Hyundai (South Korea). China, Japan, India, and South Korea export vehicles to various countries in Europe and North America.

Key Market Players

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), DSV (Denmark), Ryder (US), CEVA (UK), Imperial (South Africa), Panalpina (Switzerland), and Expeditors (US).

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