Automotive Logistics Market (By Type: Automobile Parts and Finished Vehicle; By Activity: Transportation (Airways, Roadways, Railways, and Maritime) and Warehousing; By Logistics Solution: Outbound, Inbound, and Reverse; By Distribution: International and Domestic) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023 – 2032
The global automotive logistics market was valued at USD 315.99 billion in 2022 and is expected to hit USD 636.26 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 7.3% during the forecast period 2023 to 2032.
Access our Automotive Data Intelligence Tool with 10000+ Database, Visit: Towards Automotive
The Asia Pacific automotive logistics market size was valued at USD 94.80 billion in 2022 and is expected to reach USD 189.10 billion by 2032, growing at a CAGR of 7.20% from 2023 to 2032.
In terms of revenue, the Asia Pacific captured more than 30.0% market value share in the global automotive logistics market and expected to witness the highest growth during the forecast period. Economic growth in India and China has significantly boosted the market growth in the region. Economic revival and rising e-commerce penetration significantly contributes for the industry growth in India and China. Furthermore, increasing investments in railways, roadways, airways, and maritime trade across emerging nations, such as India, China, and Japan, are projected to bolster the demand for warehousing and logistics over the forecast period.
On the other side, Europe analyzed to witness slower growth as compared to the Asia Pacific over the next few years due to concern related to labor shortage and talent management. However, expansion of e-commerce sector and restructuring of supply chain activities is anticipated to positively influence the industry progress during forthcoming years. The region is a home for many automotive manufacturers that again triggers the market growth. In addition to this, rising demand for electric transportation in the region and favorable government initiatives significantly drive the market for automotive logistics over the forecast period.
Increasing outsourcing of automotive components, emergence of logistics services, and technological advancement are some of the prime factors that drive the market growth. Requirement of an effective and customized logistic service have established a differentiating factor among various logistic service providers and plays a crucial role in maintaining competition in the market. Logistics service providers are also incorporating disruptive technologies such as Big Data, Internet of Things (IoT), and connected ship to enhance their supply chain management system. These technologies aid in reducing the labor cost and also eliminate the delay in shipments. The aforementioned factor propels the demand of automotive logistics significantly over the coming years. Further, increasing sale of automobiles across the globe along with a significant rise in the demand for automotive spare parts positively influence the market growth. Advancement in the distribution channel and rising trend for Do it yourself (DIY) has again prominently boosted the demand for automotive aftermarket, thereby triggers the market growth of automotive logistics.
| Report Highlights | Details |
| Market Size in 2023 | USD 337.48 Billion |
| Market Size by 2032 | USD 636.26 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 7.3% |
| Largest Market | Asia Pacific |
| Fastest Growing Market | Europe |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Type, Logistics Solution, Distribution, Activity, Region |
| Companies Mentioned | CEVA Logistics, BLG LOGISTICS GROUP AG & Co. KG, Hellmann Worldwide Logistics, Ryder System, Inc., GEFCO, CFR Rinkens, Penske Automotive Group, Inc., Imperial Logistics, Expeditors International of Washington, Inc., Nippon Express Co. Ltd. |
Based on type, automotive logistics market has been segregated into automobile parts and finished vehicles. Automobile parts encountered the maximum market value share accounted for more than 75% share in the global automotive logistics market in 2022. The segment includes both the revenue generated from the logistics of spare parts from both aftermarket as well as automobile manufacturers. In addition, stringent government norms for carbon emission have triggered the need for upgradation of automotive parts that again flourishes the demand for automobile parts in the coming years.
On the other hand, finished vehicles expected to register the highest growth over the forecast period due to rising demand for electric vehicles and low emission vehicles. Several government initiatives to curb the harmful emission is promoting the sale of electric and battery-powered vehicles across various regions. Additionally, governments of different regions are offering tax credits and other numerous benefits on the purchase of electric cars. Consequently, the above mentioned factors predicted to fuel the growth of finished vehicle segment during the forecast period.
Transportation segment led the global automotive logistics market with significant revenue of nearly 82% in the year 2022 and analyzed to maintain its dominance over the projected years. Transportation is among the critical services in automobile manufacturing. This is mainly because of the automobile manufacturer source various parts and components of the vehicles from different companies, assemble them in their manufacturing plants and sell the finished vehicle across the globe.
Besides this, warehousing projected to exhibit the fastest growth over the analysis period. This is mainly due to increasing demand for capacity expansion in storage centers and warehouses. Furthermore, implementation of various warehouse management systems, effortless material handling, and systematic storage boost the warehouse segment growth in the coming years.
The global automotive logistics market is oligopolistic in nature and dominated by the some of the key players operating in the market. Market players are incorporating advanced technologies for route optimization, real-time tracking of shipments, and also provide technology-driven services to their customers. Collaboration, merger & acquisition of various other automotive logistics companies are the prime strategies adopted by the industry participants to capture maximum revenue share in the market. Furthermore, the market players are also focusing to improve their automation technology to achieve a competitive advantage among different end-users.
Few of the noticable participants contending in the automotive logistics market arena are as follows:
Segments Covered in the Report
This research study comprises comprehensive assessment of the marketplace revenue with the help of prevalent quantitative and qualitative acumens, and forecasts of the market. This report presents breakdown of market into major and niche segments. Furthermore, this research study gauges market revenue growth and its drift at global, regional, and country from 2020 to 2032. This report includes market division and its revenue assessment by categorizing it depending on type, activity, logistics solution, distribution, and region:
By Type
By Activity
By Logistics Solution
By Distribution
By Regional Outlook
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Automotive Logistics Market, By Type
7.1. Automotive Logistics Market, by Type, 2023-2032
7.1.1. Automobile Parts
7.1.1.1. Market Revenue and Forecast (2021-2032)
7.1.2. Finished Vehicle
7.1.2.1. Market Revenue and Forecast (2021-2032)
Chapter 8. Global Automotive Logistics Market, By Activity
8.1. Automotive Logistics Market, by Activity, 2023-2032
8.1.1. Transportation
8.1.1.1. Market Revenue and Forecast (2021-2032)
8.1.2. Warehousing
8.1.2.1. Market Revenue and Forecast (2021-2032)
Chapter 9. Global Automotive Logistics Market, By Logistics Solution
9.1. Automotive Logistics Market, by Logistics Solution, 2023-2032
9.1.1. Outbound
9.1.1.1. Market Revenue and Forecast (2021-2032)
9.1.2. Inbound
9.1.2.1. Market Revenue and Forecast (2021-2032)
9.1.3. Reverse Distribution (International and Domestic)
9.1.3.1. Market Revenue and Forecast (2021-2032)
Chapter 10. Global Automotive Logistics Market, By Distribution
10.1. Automotive Logistics Market, by Distribution, 2023-2032
10.1.1. International
10.1.1.1. Market Revenue and Forecast (2021-2032)
10.1.2. Domestic
10.1.2.1. Market Revenue and Forecast (2021-2032)
Chapter 11. Global Automotive Logistics Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Type (2021-2032)
11.1.2. Market Revenue and Forecast, by Activity (2021-2032)
11.1.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.1.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Type (2021-2032)
11.1.5.2. Market Revenue and Forecast, by Activity (2021-2032)
11.1.5.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.1.5.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Type (2021-2032)
11.1.6.2. Market Revenue and Forecast, by Activity (2021-2032)
11.1.6.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.1.6.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Type (2021-2032)
11.2.2. Market Revenue and Forecast, by Activity (2021-2032)
11.2.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.2.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Type (2021-2032)
11.2.5.2. Market Revenue and Forecast, by Activity (2021-2032)
11.2.5.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.2.5.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Type (2021-2032)
11.2.6.2. Market Revenue and Forecast, by Activity (2021-2032)
11.2.6.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.2.6.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Type (2021-2032)
11.2.7.2. Market Revenue and Forecast, by Activity (2021-2032)
11.2.7.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.2.7.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Type (2021-2032)
11.2.8.2. Market Revenue and Forecast, by Activity (2021-2032)
11.2.8.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.2.8.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Type (2021-2032)
11.3.2. Market Revenue and Forecast, by Activity (2021-2032)
11.3.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.3.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Type (2021-2032)
11.3.5.2. Market Revenue and Forecast, by Activity (2021-2032)
11.3.5.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.3.5.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Type (2021-2032)
11.3.6.2. Market Revenue and Forecast, by Activity (2021-2032)
11.3.6.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.3.6.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Type (2021-2032)
11.3.7.2. Market Revenue and Forecast, by Activity (2021-2032)
11.3.7.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.3.7.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Type (2021-2032)
11.3.8.2. Market Revenue and Forecast, by Activity (2021-2032)
11.3.8.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.3.8.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Type (2021-2032)
11.4.2. Market Revenue and Forecast, by Activity (2021-2032)
11.4.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.4.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Type (2021-2032)
11.4.5.2. Market Revenue and Forecast, by Activity (2021-2032)
11.4.5.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.4.5.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Type (2021-2032)
11.4.6.2. Market Revenue and Forecast, by Activity (2021-2032)
11.4.6.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.4.6.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Type (2021-2032)
11.4.7.2. Market Revenue and Forecast, by Activity (2021-2032)
11.4.7.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.4.7.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Type (2021-2032)
11.4.8.2. Market Revenue and Forecast, by Activity (2021-2032)
11.4.8.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.4.8.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Type (2021-2032)
11.5.2. Market Revenue and Forecast, by Activity (2021-2032)
11.5.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.5.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Type (2021-2032)
11.5.5.2. Market Revenue and Forecast, by Activity (2021-2032)
11.5.5.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.5.5.4. Market Revenue and Forecast, by Distribution (2021-2032)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Type (2021-2032)
11.5.6.2. Market Revenue and Forecast, by Activity (2021-2032)
11.5.6.3. Market Revenue and Forecast, by Logistics Solution (2021-2032)
11.5.6.4. Market Revenue and Forecast, by Distribution (2021-2032)
Chapter 12. Company Profiles
12.1. CEVA Logistics
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. BLG LOGISTICS GROUP AG & Co. KG
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Hellmann Worldwide Logistics
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Ryder System, Inc.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. GEFCO
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. CFR Rinkens
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Penske Automotive Group, Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Imperial Logistics
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Expeditors International of Washington, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Nippon Express Co. Ltd.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Kerry Logistics Network
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client
