Automotive Logistics Market Expected To Reach USD 574.14 Billion by 2032, Growing at a CAGR of 7.55%

IMR posted new studies guide on Automotive Logistics Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Automotive Logistics marketplace became specifically driven with the aid of the growing R&D spending internationally.

Some of the Top Leading Key Players:
UPS Supply Chain Solutions (US),Penske Logistics (US),XPO Logistics (US),FedEx Supply Chain (US),C.H. Robinson (US),Expeditors International (US),ArcBest Corporation (US),Ryder System (US),DHL Supply Chain (Germany),DB Schenker (Germany),Dachser (Germany),Hellmann Worldwide Logistics (Germany),Bollore Logistics (France),Geodis (France),SNCF Logistics (France),CEVA Logistics (Switzerland),Nippon Express (Japan),Kintetsu World Express (Japan),Hitachi Transport System (Japan),Yusen Logistics (Japan),KWE Kintetsu World Express (Japan),Agility Logistics (Kuwait), and other major players

Automotive Logistics Market Size Was Valued at USD 298.21 Billion in 2023 and is Projected to Reach USD 574.14 Billion by 2032, Growing at a CAGR of 7.55 % From 2024-2032.

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Transportation, storage, and distribution procedures are all included in automotive logistics, which is an essential component of the automobile sector. It is essential to supply chain management because it guarantees the timely delivery of parts, components, and raw materials to manufacturing facilities, hence enabling output. Additionally, it facilitates the transfer of completed automobiles from production facilities to dealerships or final consumers by organizing the transportation, storage, and delivery of vehicles using a variety of transportation methods.

Segmentation Analysis of the Automotive Logistics Market

By Type

Automobile Parts
Finished Vehicles.

By Service

Transportation,
Warehousing,
Distribution,
Inventory Management.

By Mode of Transport

Roadways,
Airways,
Maritime,
Railways

Automotive Logistics Market Trend Analysis
Increasing automotive industry globalization

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Key Industry Developments in the Automotive Logistics Market:

In July 2023, Penske Truck Leasing announced it had recently completed the acquisitions of Star Truck Rentals, Inc., a transportation services company offering full-service leasing, and commercial truck rental, The acquisition of Star Truck Rentals, Inc. increases Penske's existing fleet by approximately 1,900 vehicles and adds 18 locations throughout Michigan and Indiana. The acquisition of Kris-Way Truck Leasing, Inc. increases Penske's existing fleet by approximately 900 vehicles and adds seven locations throughout Maine and New Hampshire.

In February 2022, Global logistics company C.H. Robinson and Waymo Via, the trucking and local delivery unit of autonomous driving technology company Waymo, formed a long-term strategic partnership to mutually explore the practical application of autonomous driving technology in logistics and supply chains. The partnership combines the benefits of Waymo's innovative autonomous driving technology. The collaboration will focus, initially, on running multiple pilots in the Dallas-Houston transportation lane, with Waymo Via autonomous trucks hauling C.H. Robinson's customer freight. the companies will collaborate to shape the future development and expansion of autonomous driving technology as an additional transportation solution.

Regional Analysis
Asia Pacific is Expected to Dominate the Market Over the Forecast Period

Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Strategic Points Covered in Table of Content of Automotive Logistics Market:
Chapter One: Introduction
Chapter Two: Executive Summary
Chapter Three: Automotive Logistics Market Landscape
Chapter Four: Automotive Logistics Market by Type
Chapter Five: Automotive Logistics Market by Application
Chapter Six: Company Profiles and Competitive Analysis
Chapter Seven: Global Automotive Logistics Market by Region
Chapter Eight: Analyst Viewpoint and Conclusion
Chapter Nine: Research Methodology

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