North America Automotive Logistics Market 2027 By Type, Services, and Sector

North America Automotive Logistics Market to 2027 - Regional Analysis and Forecasts By Type (Outsourcing and Insourcing); Services (Transportation, Warehousing, Packaging Processes, Integrated Service, and Reverse Logistics); and Sector (Passenger Vehicle, Commercial Vehicle, Tire, and Component)

  • Report Code : TIPRE00006271
  • Category : Automotive and Transportation
  • Status : Published
  • No. of Pages : 150
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Automotive logistics market in North America is expected to grow from US$ 53.11 Bn in 2018 to US$ 89.92 Bn by the year 2027 with a CAGR of 5.7% from the year 2019 to 2027.

The rising number of automobile manufacturing plants across the globe is driving the growth of the automotive logistics market. The automobile manufacturers pose significant business opportunities for automotive logistics providers, which is further anticipated to drive the automotive logistics market growth. Moreover, the incorporation of smart technologies and autonomous vehicles is anticipated to bolster the growth of automotive logistics market in the years to come. The automotive industry is progressing at a significant rate attributing to the increasing demand for automobiles and automotive components across the globe. The automotive logistics companies are expected to witness lucrative growth opportunities in the coming years with a further increase in vehicle demand. However, the integration of advanced technologies would foster the businesses of the logistics companies transporting automobiles and automotive components. Cloud technology is one of the key technologies which is anticipated to furnish the logistic companies growth in the years to come. Cloud technology offers several benefits to the transportation company, such as better customer experience in terms of speed, lower prices, and the ability to track goods. Cloud technology facilitates logistics service providers to manage their businesses efficiently, allowing continuous communication with suppliers and customers. Further, the autonomous vehicles segment especially, the passenger car segment is gaining substantial popularity in recent time, and several automobile manufacturers are testing autonomous trucks. The autonomous trucks would benefit the logistics companies as well as the suppliers with enhanced safety and shorter lead times.

The warehousing segment dominated the automotive logistics market in the year 2018, with the second highest market share. The automotive logistics market on the basis of services is segmented into transportation, warehousing, packaging processes, integrated service, and aftermarket logistics/reverse logistics. The logistics services consist of numerous services which are used to deliver product from one to another. Use of advanced WMS, integrated supply chain, TMS, disposable & returnable packaging solutions are the essential logistics services which maintain the balance between demand and supply of automotive. The criticality of the warehouses that act as the nodes in the entire supply chain defines the importance of warehousing functions by the logistics players. The emergence of warehousing management solutions has proliferated the growth of warehousing functions by the logistics companies.

The US has led the North America Automotive Logistics market in 2018 with the highest market share and is expected to continue its dominance during the forecast period. The US automotive sector is growing rapidly, with increasing capital growth and higher exports. The significant market initiative has been taken by both the carmakers and logistic service providers across the automotive industry in the US. For instance, recently, BMW signed a collaboration agreement with Braidy Atlas for the sustainable supply of aluminium to its US assembly plant. Further, the US-based automotive parts distributor, the Genuine Parts Company, acquired German parts supplier the Hennig Fahrzeugteile Group. Thus, the increasing market initiatives in the US towards expanding vehicle manufacturing capabilities as well as transporting auto parts to different regions, facilitate significant opportunities for automotive logistics market to grow in the coming years. The figure given below highlights the revenue share of the Mexico in the automotive logistics market in the forecast period:


Maxico Automotive Logistics Market Revenue and Forecasts to 2027 ( US$ Mn)

Maxico Automotive Logistics Market
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

NORTH AMERICA 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

  • US
  • Mexico
  • Canada

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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Services, and Sector

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada

The List of Companies - North America Automotive Logistics Market

  1. CEVA Logistics AG
  2. DB Schenker (Deutsche Bahn AG)
  3. DHL International GmbH (Deutsche Post AG)
  4. DSV A/S
  5. GEODIS
  6. KUEHNE + NAGEL International AG
  7. Nippon Express Co., Ltd.
  8. Ryder System, Inc.
  9. XPO Logistics, Inc.
  10. 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.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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