Automotive 3PL Market Size, Share, Analysis, Industry Report and Forecast 2021-2027

The global automotive 3PL market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period (2022-2028). In August 2021, Germany reached its target of one million registered battery-electric and plug-in hybrid vehicles, as per the government resources. According to the German Association of the Automotive Industry (VDA), electric vehicles accounted for 30.4% of vehicle registrations for the first time in October 2021. In the month of October, 178,800 cars were registered in Germany, with 54,400 of them being electric vehicles. Electric vehicle profit margins are currently quite high, as the German government supports the purchase of electric vehicles with up to 6000 Euros

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Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in June 2021, Gefco has expanded its service parts centre in Wiesbaden, Germany. Gefco has increased the size of its automotive service parts warehouse in Wiesbaden, Germany, to 10,000 square meters, with intentions to implement industry 4.0 technology in the coming months. The logistics provider said it was evaluating warehouse management systems and digitizing workflows to make service parts logistics more efficient, with the Wiesbaden parts centre serving as a testing ground for machine learning, artificial intelligence, and internet-of-things (IoT) technologies.

Market Coverage

             The market number available for – 2021-2028

             Base year- 2021

             Forecast period- 2022-2028

Segment Covered- 

                 By Type

                 By Service

Regions Covered

                 North America

                 Europe

                 Asia-Pacific

                 Rest of the World

Competitive Landscape- DHL Group, Nippon Express., Hellmann Worldwide Logistics., Kerry Logistics. 

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Global Automotive 3PL Market Report Segment

By Type

             Finished Vehicle

             Auto Component

             Others Types

By Service

             Transportation

             Warehousing, Distribution, and Inventory Management

             Other services 

Global Automotive 3PL Market Report Segment by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

Company Profiles 

·        C.H. Robinson Worldwide, Inc

·        CEVA Logistics

·        DB Schenker

·        DHL Group

·        DSV A/S

·        GEFCO Group

·        Hellmann Worldwide Logistics SE & Co. KG

·        Hub Group

·        Ingstad & Co

·        Kerry Logistics

·        M&W Logistics Group

·        NFI Industries

·        Nippon Express Company, Ltd.

·        Premier Logistics Solutions

·        Promptus, LLC

·        Ryder System, Inc

·        Tiba Group

·        Toll Group

·        Verst Group Logistics, Inc

·        XPO Logistics Inc 

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