According to a new report, published by KBV research, The Global Automotive Logistics Market size is expected to reach $372.70 billion by 2031, rising at a market growth of 7.7% CAGR during the forecast period.
The Automobile Parts segment is generating the maximum revenue in the Global Automotive Logistics Market by Type in 2023; thereby, achieving a market value of $193.74 billion by 2031. The automotive parts segment dominates the market due to the rising demand for spare parts, aftermarket components, and essential vehicle assemblies across global supply chains. The surge in electric vehicle (EV) production, which requires specialized components such as batteries, sensors, and semiconductor chips, has significantly boosted logistics operations in this segment.
The International segment exhibits a CAGR of 8.5% during (2024 - 2031). Major automakers depend on international suppliers for advanced automotive technologies, semiconductor chips, and high-value components, leading to a surge in air, sea, and rail freight services. The expansion of free trade agreements, improved port infrastructure, and the growth of automotive exports to emerging markets have further driven this segment.
The Transportation segment is leading the Global Automotive Logistics Market by Activity in 2023; thereby, achieving a market value of $296.35 billion by 2031. The growing demand for electric vehicles (EVs) and their specialized transport needs, including battery logistics, has further boosted transportation services. Additionally, advancements in multi-modal transport solutions—integrating road, rail, air, and sea freight—have enhanced efficiency, reducing transit times and operational costs. The shift toward sustainable and green logistics solutions, such as electric and hydrogen-powered transport fleets, is gaining momentum as companies aim to comply with environmental regulations while optimizing fuel efficiency.
The Outbound segment obtained a CAGR of 6.9% during (2024 - 2031). The expansion of multi-modal transport solutions, including roadways, railways, maritime, and air freight, has enhanced delivery speed and cost efficiency in outbound logistics. The rapid growth of e-commerce in automotive spare parts has also created a strong demand for optimized last-mile delivery solutions, ensuring faster order fulfillment and improved customer satisfaction. The rise of electric and luxury vehicles, which require specialized transport and handling, has further driven investment in secure and technologically advanced outbound logistics solutions, enabling safe and timely vehicle distribution.
Full Report: https://www.kbvresearch.com/automotive-logistics-market/
The Asia Pacific region dominated the Global Automotive Logistics Market by Region in 2023; thereby, achieving a market value of $141.58 billion by 2031. The North America region is expected to witness a CAGR of 7% during (2024 - 2031). Additionally, The Europe region would register a CAGR of 7.5% during (2024 - 2031).
By Type
By Distribution
By Activity
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