Automotive Logistics Market Share

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.

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 Share