Automotive Logistics Market Size & Share, by Product Type {Automobile Parts, Finished Vehicles (Passenger, Commercial)}; Services (Warehousing, Packaging Processes, Transportation, Integrated Service, Reverse Logistics); Mode of Transport (Roadways, Railways, Airways, Maritime); Process (Outsourcing, Insourcing) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4503
  • Published Date: Oct 19, 2022
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2033

Automotive Logistics Market size is anticipated to cross USD 500 Billion by the end of 2033, growing at a CAGR of 7% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of clinical trial packaging was USD 270 Billion.The growth of the market can primarily be attributed to the growing demand for automobiles worldwide along with a surge in demand for logistics as every automobile is made up of parts and pieces. For instance, it is estimated that around 15,000 to 25,000 individual parts to needed to create a vehicle.

Automotive logistics is the careful planning and execution of auto parts, and the automobile transportation process. It is responsible for the movement of auto components, replacement parts, and whole cars from manufacturers to suppliers to consumers. The primary operations include warehousing, unloading, loading, distribution, data processing, and others. With the recent advancements in the overall logistics handling process as well as the rising share of the automobile industry in the gross domestic product (GDP), the demand for automotive logistics is on the rise amongst automobile manufacturers, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global market during the forecast period. For instance, the automotive industry was the key driving force behind macroeconomic growth, contributing to about 3% of global GDP in 2021, driving the technological advancement of many adjacent sectors.


Automotive Logistics Market
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Automotive Logistics Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Demand for Cars and Trucks – which is projected to reach more than 2 billion and over 750 million respectively by 2040. With the rising demand for vehicles, the demand for its parts, pieces, and technology, along with the demand for more efficient automotive logistics is also expected to escalate in the forecasted period.
  • Rising Software-Based Logistics – with the growing penetration of Artificial Intelligence (AI) software in various sectors including automotive logistics. For instance, globally AI software revenues are expected to reach nearly USD 100 billion by 2025.
  • Growing Use of Robots in Logistics – for instance, in 2023, there will be ~259,000 units of logistics robots in operation globally.
  • Increasing Warehouse Automation – it is estimated that investment in warehouse automation will grow in logistics, by about 3 to 5 percent per year by 2025.

Challenges

  • First-party Logistics (1PL) Requires a Significant Investment
  • Shortage of Trained Truck Drivers
  • Concern about Data Privacy with the Rising Digitalization of Logistics

Automotive Logistics Market: Key Insights

Base Year

2022

Forecast Year

2023-2033

CAGR

~7%

Base Year Market Size (2022)

 ~ USD 270 Billion

Forecast Year Market Size (2033)

~ USD 500 Billion

Regional Scope 

  • North America (U.S., and Canada) 
  • Latin America (Mexico, Argentina, Rest of Latin America) 
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) 
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) 
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa) 
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Automotive Logistics Segmentation

Product Type {Automobile Parts, Finished Vehicles (Passenger, Commercial)}

The global automotive logistics market is segmented and analyzed for demand and supply by product type into automobile parts, and finished vehicles that include passenger, and commercial vehicles. Amongst these segments, the automobile parts segment is anticipated to garner the largest revenue by the end of 2033, backed by the growing number of production of vehicles as well as rising demand for auto components along with the surge in the revenue of auto part makers worldwide. For instance, in the second quarter of 2022, the cumulative revenue of India’s auto component makers hiked ~23% to about USD 12 billion.

Our in-depth analysis of the global market includes the following segments:

        By Product Type

  • Automobile Parts
  • Finished Vehicles
  • Passenger
  • Commercial

        By Services

  • Warehousing
  • Packaging Processes
  • Transportation
  • Integrated Service
  • Reverse Logistics

        By Mode of Transport

  • Roadways
  • Railways
  • Airways
  • Maritime

         By Process

  • Outsourcing
  • Insourcing

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Automotive Logistics Industry - Regional Synopsis

Regionally, the global automotive logistics market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2033, backed by the presence of a strong automobile network in the region, a growing number of vehicles, along with the rising demand for automotive logistics services in the automobile manufacturers and suppliers. It was found that Asia-Pacific region has a fleet of ~530 million vehicles in 2022.

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Automotive Logistics Market Size
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Companies Dominating the Automotive Logistics Landscape

top-features-companies
    • Hellmann Worldwide Logistics SE & Co. KG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Deutsche Post AG
    • Expeditors International of Washington, Inc.
    • Sncf Group
    • Dsv Group
    • Xpo Logistics, Inc.
    • Ceva Logistics AG
    • Ryder System, Inc.
    • Imperial Group (Pty) Ltd
    • Kuehne + Nagel Management AG

In-the-news

In The News

  • Hellmann Worldwide Logistics SE & Co. KG - Hellmann Worldwide Logistics will ensure production supplies to the world's largest CLAAS plant in Harsewinkel with its newly opened warehouse location totaling 18,000 m² in Oelde, Germany.
  • DHL (Deutsche Post AG) – acquired a freight facility near Dusseldorf, Germany, ensuring the growth of its automotive logistics business.

Author Credits:  Harshita Srivastava, Saima Khursheed


  • Report ID: 4503
  • Published Date: Oct 19, 2022
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing demand for vehicles as well as rising software-based logistics facilities along with increasing use of robotics in logistics are some of the major factors anticipated to drive the growth of the market.

The market is anticipated to attain a CAGR of ~7% over the forecast period, i.e., 2023-2033.

First-party logistics (1PL) requires a significant investment, as well aa s shortage of trained truck drivers, which are some of the factors estimated to hamper the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Hellmann Worldwide Logistics SE & Co. KG, Deutsche Post AG, Sncf Group, Expeditors International of Washington, Inc., Dsv Group, Xpo Logistics, Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product type, services, mode of transport, process, and by region.

The automobile parts segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
Automotive Logistics Market Report Scope
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