Global Automotive Logistics Market
Automotive Logistics Market Size And Forecast
According to Verified Market Research, Global Automotive Logistics Market was valued at USD 269.90 Billion in 2018 and is projected to reach USD 473.73 Billion by 2026, growing at a CAGR of 7.25% from 2019 to 2026.
Global Automotive Logistics Market Outlook
The Automotive Logistics Market is experiencing tremendous growth owing to the increasing transportation all across the globe. In addition, the increasing need for vehicle production and the growing need of manufacturers for on-time delivery are some other factors driving the market growth. Moreover, the increasing demand for electric vehicles and the integration of technological innovations with autonomous vehicles are factors imposing a positive outlook on the market growth. However, the issue related to the high initial investment is hampering the growth of the market.
Global Automotive Logistics Market Competitive Landscape
The Global Automotive Logistics Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as SNCF, DHL, XPO, Kuehne + Nagel, DSV, Ryder, CEVA, Imperial, Panalpina, and Expeditors.
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