Automotive Logistics Market Analysis Report 2022 to 2028
Automotive Logistics Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 197.63 Billion |
Market Size by 2028 | US$ 306.12 Billion |
Global CAGR (2021 - 2028) | 6.5% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Key Player Analysis:
The automotive logistics market analysis consists of the players such as CEVA Logistics AG; DB Schenker; DSV A/S; DHL International GmbH (Deutsche Post DHL Group); GEODIS; Kuehne + Nagel Management AG; Nippon Express Co., Ltd.; Ryder System, Inc.; XPO Logistics, Inc.; and United Parcel Service of America, Inc. Among the players in the automotive logistics CEVA Logistics AG and Nippon Express Co., Ltd. are the top two players owing to the diversified product portfolio offered.
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the automotive logistics market. A few recent key market developments are listed below:
- In 2023, The State of Michigan has secured $13m in funding to develop a new charging hub for electric vehicle (EV) freight trucks, in partnership with Daimler Truck North America and DTE Energy.