Automotive Logistics Market 2021-2025 Analyzed by Business Growth, Development Factors, Applications and Future Prospects
Category: #business  By Ronak Bora  Date: 2021-12-07
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Automotive Logistics Market 2021-2025 Analyzed by Business Growth, Development Factors, Applications and Future Prospects

Automotive logistics market is classified into international logistics and domestic logistics on the basis of distribution channels. International logistics is anticipated to behold extensive growth due to increasing import and export activities of automotive components.

Automotive logistics market trends are anticipated to witness substantial proliferation over the forecast period owing to the wide range of vehicle models to serve various customer demands. Rising freight volumes owing to the intensifying vehicle production and registrations around the globe has been providing strength to the automotive logistics industry. For instance, in 2017, light commercial vehicle production reached 10.89 million units with an increase of 4.5% as compared to 2016. Increasing demand for electric vehicles is supportively impelling the industry growth.

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Growing number of manufacturing facilities is delivering potential opportunities to logistics service providers for improving their market share. The surging requirement for efficient supply of finished components and raw materials by OEM’s will substantially impel the demand witnessed in automotive logistics market. Furthermore, rising adoption of IoT in automotive logistics industry is likely to offer great capabilities to optimize the supply chain operations.

Asia Pacific is projected to emerge as one of the dominant customer base for auto parts, with the anticipated demand being credited to the domestic auto manufacturing sector and a strong presence of global automobile manufacturers. India, specifically, is estimated to contribute substantial revenues to automotive logistics market over the forecast timeframe. The Society of Indian Automobile Manufacturers stated that passenger vehicle sales increased by 2.70% over March-April 2019 in India. The nation’s commercial vehicles segment also recorded a 17.55% growth in the quarter, as compared to the same period the previous year.

Japan will be a key market for domestic automotive logistics services and the country’s contribution is being attributed to well-established automobile manufacturers such as Toyota, Nissan and Honda that call Japan their home. Toyota, for instance, has its parts and logistics division network spanning across 38 countries, with over 177 dedicated sites that are operated by more than 79 overseas business entities and subsidiaries. Such vast networks are exactly why Japanese automakers enjoy a strong presence in different countries and will drive the expansion of the regional automotive logistics industry.

Owing to a gradual increase in automobile production and the robust development of automotive sector in APAC, global automotive logistics industry is slated to record tremendous revenues in the imminent future. Key industry participants expected to lead the growth include DHL International, CEVA Logistics, SNCF Group, XPO Logistics and Imperial Logistics.

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Partial Chapter of the Table of Content

Chapter 5. Automotive Logistics Market, By Service

5.1. Global market share by service, 2018 & 2025

5.2. Inbound

5.2.1. Global market estimates and forecasts, 2013 – 2025

5.2.2. Market estimates and forecast, by region, 2013 – 2025

5.3. Outbound

5.3.1. Global market estimates and forecasts, 2013 – 2025

5.3.2. Market estimates and forecast, by region, 2013 – 2025

5.4. Reverse

5.4.1. Global automotive logistics market estimates and forecasts, 2013 – 2025

5.4.2. Market estimates and forecast, by region, 2013 – 2025

5.5. Aftermarket

5.5.1. Global market estimates and forecasts, 2013 – 2025

5.5.2. Market estimates and forecast, by region, 2013 – 2025

Chapter 6. Automotive Logistics Market, By Distribution

6.1. Global market share by distribution, 2018 & 2025

6.2. Domestic

6.2.1. Global market estimates and forecasts, 2013 – 2025

6.2.2. Market estimates and forecast, by region, 2013 – 2025

6.3. International

6.3.1. Global market estimates and forecasts, 2013 – 2025

6.3.2. Automotive logistics market estimates and forecast, by region, 2013 – 2025

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/automotive-logistics-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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