Automotive Logistics Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

The global automotive logistics market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. Logistics is a vital element for the automotive sector. The production and assembly of each of these components require a long network of suppliers. And it also requires a distribution circuit. With the growth of automobile sectors market players are increasingly looking for efficient solutions to manage the supply chain via efficient logistic services and solutions. Logistics in the automotive industry cover supply chain / acquisition of inputs, interaction between, suppliers and customers. Storage and inventory control. Transportation. Security both in the warehouse and in transport, distribution, and commercialization. Accordingly, various market players have formed strategic alliances with logistic giants to manage the logistic requirement of the companies which is propelling the growth of the market. 

For instance, in November 2022, Renault Group and Google expanded their partnership into a collaboration to develop platforms and services for the future of SDVs. The collaboration includes in-vehicle software to enable the “Software Defined Vehicle” Platform and cloud software to enable a Digital Twin. This collaboration will enable Renault Group to reduce costs, improve efficiency, flexibility, and speed of vehicle developments, and increase value for end-users thanks to continuous software innovation. Also, in February 2021, DP World and the Renault F1 Team signed the agreement making the former the Global Logistics Partner and Title Partner of the F1 team. Under the partnership, teams from DP World, Renault Sport Racing, and Groupe Renault will leverage the F1 global marketing platform and collaboratively explore opportunities to increase the efficiency of their supply chain

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Market Coverage

                 The market number available for – 2022-2030

                 Base year- 2022

                 Forecast period- 2023-2030

Segment Covered- 

                 By Mode of Transport

                 By Activity

                 By Logistics Solutions

                 By Distribution

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

                 Competitive Landscape- including CEVA Logistics AG, Dachser Intelligent Logistics: Dachser SE, DHL International GmbH, DSV Panalpina A/S, Expeditors International of Washington, Inc., GEFCO Group and others.

A full Report of Automotive Logistics Market is Available @  https://www.omrglobal.com/industry-reports/automotive-logistics-market

Automotive Logistics Market Report Segment

By Mode of Transport

                 Roadways

                 Airways

                 Maritime

                 Railways

By Activity

                 Warehousing and Handling

                 Transporting and Handling

By Logistics Solutions

                 Inbound Logistics

                 Outbound Logistics

                 Reverse Logistics

                 Aftermarket

By Distribution

                 Domestic

                 International

 Automotive Logistics 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 and Africa 

Company Profiles

                 BLG Logistics Group AG & Co. KG

                 C.H. Robinson Worldwide, Inc.

                 CEVA Logistics

                 DB Schenker

                 Deutsche Post AG

                 DSV

                 Expeditors International

                 GEFCO

                 Hellmann Worldwide Logistics SE & Co. KG XX

                 Penske Automotive Group, Inc.

                 Ryder Systems, Inc.

                 Schellecke Group ag & co. KG

                 SINOTRANS Ltd.

                 XPO Logistics, Inc.

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