Automotive logistics market in the Asia Pacific is expected to grow from US$ 87.59 Bn in 2018 to US$ 170.24 Bn by the year 2027 with a CAGR of 7.4% from the year 2019 to 2027.
The increase in the number of manufacturing units for automobile and strategic partnerships among logistics providers and automobile manufacturers are the key factors driving the growth of the automotive logistics market. Moreover, the automobile manufacturers pose substantial business opportunities for automotive logistics providers, which in turn is anticipated to boost the automotive logistics market growth in the near future. The automotive industry has been one of the prime contractors of logistics companies over the years, and the latter has benefitted massively from the automotive industry. The automotive industry players continuously engage themselves in partnering with logistics partners to transport their components as well as finished vehicles from one location to another. With the increasing partnerships, automobile manufacturers and component manufacturers are facilitated with better control in managing inbound as well as outbound transportation service, shorter lead times, and timely deliveries. The increasing number of partnerships among automotive manufacturers and logistics companies are positively impacting on the growth of automotive logistics market. The increasing number of partnerships among the automobile manufacturers and logistics partners are enabling the car makers to manage their Complete Knock Down (CKD), Medium Knocked Down (MKD), and Semi Knock Down (SKD) vehicle parts and components to transport to different locations. This factor is heavily boosting the automotive logistics market to propel over the year. The same trend is anticipated to create lucrative opportunities for logistics companies operating in the automotive industry to gain profit.
The component sector led the automotive logistics market in the year 2018 with the highest market share and is expected to flourish its dominance during the forecast period. On the other hand, the tire segment is anticipated to be the fastest growing segment in the APAC Automotive logistics market by sector during the forecast period. The tire manufacturer faces different challenges in the supply chain, such as poor forecast mechanism and visibility, which might result in inadequate inventory management. However, rising production of vehicles and tires go hand in hand and are direct interlinked with each other. Moreover, an increase in cross country trade and transportation has upraised demand for tire manufacturing and replacements over the years, which is fostering the demand for tires. Growth in tire manufacturing would accelerate the need for the logistics industry as well.
China dominated the automotive logistics market in 2018 and is expected to dominate the market with the highest share in the Asia Pacific region through the forecast period. Countries of the APAC region continue to march towards economic growth and development, the automotive industry is anticipated to play a vital role in terms of contributing towards GDP. This is further expected to nurture the economies of India, China, Japan, and South Korea. The figure given below highlights the revenue share of the rest of Asia Pacific in the automotive logistics market in the forecast period:
Rest of Asia Pacific Automotive Logistics Market Revenue and Forecasts to 2027 ( US$ Mn)
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ASIA PACIFIC AUTOMOTIVE LOGISTICS MARKET SEGMENTATION
By Type
- Outsourcing
- Insourcing
By Services
- Transportation
- Warehousing
- Packaging Processes
- Integrated Service
- Reverse Logistics
By Sector
- Passenger Vehicle
- Commercial Vehicle
- Tire
- Component
By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Automotive logistics Market - Companies Mentioned
- CEVA Logistics AG
- DB Schenker (Deutsche Bahn AG)
- DHL International GmbH (Deutsche Post AG)
- DSV A/S
- GEODIS
- KUEHNE + NAGEL International AG
- Nippon Express Co., Ltd.
- Ryder System, Inc.
- XPO Logistics, Inc.
- United Parcel Service, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Services, and Sector
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope Of The Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Automotive Logistics Market – By Type
1.3.2 Asia Pacific Automotive Logistics Market – By Services
1.3.3 Asia Pacific Automotive Logistics Market – By Sector
1.3.4 Asia Pacific Automotive Logistics Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Automotive Logistics Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 PEST Analysis
4.3.1 Asia-Pacific – PEST Analysis
4.4 Expert Opinions
5. Asia Pacific Automotive Logistics Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Increase in the Number of Manufacturing Units for Automobile
5.1.2 Strategic Partnerships Among Logistics Providers and Automobile Manufacturers
5.2 Key Market Restraints
5.2.1 Cumbersome Nature of the Business
5.3 Key Market Opportunities
5.3.1 Automobile Manufacturers Pose Substantial Business Opportunities for Automotive Logistic Providers
5.4 Future Trends
5.4.1 Adoption of Advanced Technologies to Boost the Automotive Logistics Market
5.5 Impact Analysis of Drivers and Restraints
6. Automotive Logistics Market – Asia Pacific Analysis
6.1 Asia Pacific Automotive Logistics Market Overview
6.2 Asia Pacific Automotive Logistics Market Forecast and Analysis
7. Asia Pacific Automotive Logistics Market Analysis – By Type
7.1 Overview
7.2 Asia Pacific Automotive Logistics Market Breakdown, By Type, 2018 & 2027
7.3 Outsourcing
7.3.1 Overview
7.3.2 Asia Pacific Outsourcing Revenue and Forecasts to 2027 (US$ Mn)
7.4 Insourcing
7.4.1 Overview
7.4.2 Asia Pacific Insourcing Revenue and Forecasts to 2027 (US$ Mn)
8. Asia Pacific Automotive Logistics Market Analysis – By Services
8.1 Overview
8.2 Asia Pacific Automotive Logistics Market Breakdown, By Services, 2018 & 2027
8.3 Transportation
8.3.1 Overview
8.3.2 Asia Pacific Transportation Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Warehousing
8.4.1 Overview
8.4.2 Asia Pacific Warehousing Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Packaging Processes
8.5.1 Overview
8.5.2 Asia Pacific Packaging Processes Market Revenue and Forecasts to 2027 (US$ Mn)
8.6 Integrated Service
8.6.1 Overview
8.6.2 Asia Pacific Integrated Service Market Revenue and Forecasts to 2027 (US$ Mn)
8.7 Reverse Logistics
8.7.1 Overview
8.7.2 Asia Pacific Reverse Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
9. Asia Pacific Automotive Logistics Market Analysis – By Sector
9.1 Overview
9.2 Asia Pacific Automotive Logistics Market Breakdown, By Sector, 2018 & 2027
9.3 Passenger Vehicle
9.3.1 Overview
9.3.2 Asia Pacific Passenger Vehicle Revenue and Forecasts to 2027 (US$ Mn)
9.4 Commercial Vehicle
9.4.1 Overview
9.4.2 Asia Pacific Commercial Vehicle Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Tire
9.5.1 Overview
9.5.2 Asia Pacific Tire Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Component
9.6.1 Overview
9.6.2 Asia Pacific Component Market Revenue and Forecasts to 2027 (US$ Mn)
10. Asia Pacific Automotive Logistics Market Revenue and Forecasts to 2027 – Country
10.1 Overview
10.1.1 Asia-Pacific Automotive Logistics Market Breakdown by Key Countries
10.1.1.1 Australia Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.1.1 Australia Automotive Logistics Market Breakdown by Type
10.1.1.1.2 Australia Automotive Logistics Market Breakdown by Services
10.1.1.1.3 Australia Automotive Logistics Market Breakdown by Sector
10.1.1.2 China Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.2.1 China Automotive Logistics Market Breakdown by Type
10.1.1.2.2 China Automotive Logistics Market Breakdown by Services
10.1.1.2.3 China Automotive Logistics Market Breakdown by Sector
10.1.1.3 Japan Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 Japan Automotive Logistics Market Breakdown by Type
10.1.1.3.2 Japan Automotive Logistics Market Breakdown by Services
10.1.1.3.3 Japan Automotive Logistics Market Breakdown by Sector
10.1.1.4 India Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.4.1 India Automotive Logistics Market Breakdown by Type
10.1.1.4.2 India Automotive Logistics Market Breakdown by Services
10.1.1.4.3 India Automotive Logistics Market Breakdown by Sector
10.1.1.5 South Korea Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.5.1 South Korea Automotive Logistics Market Breakdown by Type
10.1.1.5.2 South Korea Automotive Logistics Market Breakdown by Services
10.1.1.5.3 South Korea Automotive Logistics Market Breakdown by Sector
10.1.1.6 Rest of Asia Pacific Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.6.1 Rest of Asia Pacific Automotive Logistics Market Breakdown by Type
10.1.1.6.2 Rest of Asia Pacific Automotive Logistics Market Breakdown by Services
10.1.1.6.3 Rest of Asia Pacific Automotive Logistics Market Breakdown by Sector
11. Industry Landscape
11.1 Merger & Acquisition
11.2 Market Initiative
11.3 New Development
12. Automotive Logistics Market– Company Profiles
12.1 CEVA Logistics AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Product and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 DB Schenker (Deutsche Bahn AG)
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 DHL International GMBH (Deutsche Post AG)
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Product and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 DSV A/S
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Product and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 GEODIS
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 KUEHNE + Nagel International AG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Nippon Express Co., Ltd.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Ryder System, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 XPO Logistics, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Product and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 United Parcel Service, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary Of Terms
LIST OF TABLES
Table 1. Asia Pacific Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Bn)
Table 2. Asia-Pacific Automotive Logistics Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 3. Asia-Pacific Automotive Logistics Market Revenue and Forecasts to 2027 – By Services (US$ Mn)
Table 4. Asia-Pacific Automotive Logistics Market Revenue and Forecasts to 2027 – By Sector (US$ Mn)
Table 5. Australia Automotive Logistics Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 6. Australia Automotive Logistics Market Revenue and Forecasts to 2027 – By Servcies (US$ Mn)
Table 7. Australia Automotive Logistics Market Revenue and Forecasts to 2027 – By Sector (US$ Mn)
Table 8. China Automotive Logistics Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 9. China Automotive Logistics Market Revenue and Forecasts to 2027 – By Services (US$ Mn)
Table 10. China Automotive Logistics Market Revenue and Forecasts to 2027 – By Sector (US$ Mn)
Table 11. Japan Automotive Logistics Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 12. Japan Automotive Logistics Market Revenue and Forecasts to 2027 – By Services (US$ Mn)
Table 13. Japan Automotive Logistics Market Revenue and Forecasts to 2027 – By Sector (US$ Mn)
Table 14. India Automotive Logistics Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 15. India Automotive Logistics Market Revenue and Forecasts to 2027 – By Services (US$ Mn)
Table 16. India Automotive Logistics Market Revenue and Forecasts to 2027 – By Sector (US$ Mn)
Table 17. South Korea Automotive Logistics Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 18. South Korea Automotive Logistics Market Revenue and Forecasts to 2027 – By Services (US$ Mn)
Table 19. South Korea Automotive Logistics Market Revenue and Forecasts to 2027 – By Sector (US$ Mn)
Table 20. Rest of Asia Pacific Automotive Logistics Market Revenue and Forecasts to 2027 – By Type (US$ Mn)
Table 21. Rest of Asia Pacific Automotive Logistics Market Revenue and Forecasts to 2027 – By Services (US$ Mn)
Table 22. Rest of Asia Pacific Automotive Logistics Market Revenue and Forecasts to 2027 – By Sector (US$ Mn)
Table 23. Glossary of Term: Automotive Logistics Market
LIST OF FIGURES
Figure 1. Asia Pacific Automotive Logistics Market Segmentation
Figure 2. Asia Pacific Automotive Logistics Market Segmentation – By Region
Figure 3. Asia-Pacific Automotive Logistics Market ($Mn), By Country, 2018 (%)
Figure 4. Ecosystem Analysis, Automotive Logistics Market
Figure 5. Asia-Pacific – PEST Analysis
Figure 6. Automotive Logistics Market Impact Analysis of Driver and Restraints
Figure 7. Asia Pacific Automotive Logistics Market Forecast and Analysis to 2027, US$ Bn
Figure 8. Asia Pacific Automotive Logistics Market Breakdown By Type, 2018 & 2027 (%)
Figure 9. Asia Pacific Outsourcing Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 10. Asia Pacific Insourcing Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 11. Asia Pacific Automotive Logistics Market Breakdown By Services, 2018 & 2027 (%)
Figure 12. Asia Pacific Transportation Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. Asia Pacific Warehousing Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. Asia Pacific Packaging Processes Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. Asia Pacific Integrated Service Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Asia Pacific Reverse Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Asia Pacific Automotive Logistics Market Breakdown By Sector, 2018 & 2027 (%)
Figure 18. Asia Pacific Passenger Vehicle Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Asia Pacific Commercial Vehicle Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Asia Pacific Tire Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Asia Pacific Component Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Asia-Pacific Automotive Logistics Market Breakdown By Key Countries, 2018 & 2027(%)
Figure 23. Australia Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. China Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. Japan Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. India Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. South Korea Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Rest of Asia Pacific Automotive Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
The List of Companies - Asia Pacific Automotive Logistics Market
- CEVA Logistics AG
- DB Schenker (Deutsche Bahn AG)
- DHL International GmbH (Deutsche Post AG)
- DSV A/S
- GEODIS
- KUEHNE + NAGEL International AG
- Nippon Express Co., Ltd.
- Ryder System, Inc.
- XPO Logistics, Inc.
- United Parcel Service, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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