finished vehicle logistics market is expected to grow by $ 20.28 billion | APL Logistics Ltd., ARS Altmann AG and CEVA Logistics AG emerge as dominant players
NEW YORK, January 6, 2022 / PRNewswire / – Finished Vehicle Logistics Market Overview –
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Total Pages: 120
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Companies: 10+ – Including APL Logistics Ltd., ARS Altmann AG, CEVA Logistics AG, Ekol Lojistik AS, GEFCO Group, Koopman Logistics Group BV, Kuehne + Nagel International AG, OMSAN Logistics, Sevatas and United Parcel Service Inc.
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Blanket: Main drivers, trends and challenges; Product information and news; Value chain analysis; Parents market analysis; Supplier landscape; COVID impact and recovery analysis
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Segments: Type (road, rail, sea and air)
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Geographies: APAC, North America, Europe, MEA and South America
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According to the recent Technavio market study, the Finished Vehicle Logistics Market Size should increase by $ 20.28 billion from 2020 to 2025, progressing at a CAGR of 4.99% during the forecast period. The report provides detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimates, and major pockets of investment.
APAC will record the highest growth rate, occupying 54% of the global market share. China, Japan, and India are the key markets for the logistics of finished vehicles in APAC. The market growth in this region will be faster than the market growth in other regions.
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Supplier Information-
The finished vehicle logistics market is fragmented and characterized by the presence of a significant number of sellers. The main suppliers in the market compete with each other by expanding their operations into new geographies and launching differentiated services. Some vendors focus on mergers and acquisitions to access new products, enter new markets and stay competitive.
APL Logistique SA: The company offers finished vehicle logistics, with unique transport options, perfect for vehicle manufacturers.
ARS Altmann SA: The company offers a logistics of finished vehicles by rail and by road, which includes a wide variety of high quality services for the automotive industry and for the high and heavy division in their centers.
CEVA Logistique SA: The company offers finished vehicle logistics services such as CEVA Lead Logistics, I2M Road Transportation, Global Air and Ocean Management, etc.
Ekol Lojistik AS: The company offers logistics solutions for finished vehicles, specially designed for the automotive and spare parts industry, to ensure maximum efficiency in process management.
GEFCO Group: The company offers finished vehicle logistics with expertise in various fields such as logistics engineering, multimodal transport, customs and tax representation, vehicle storage and preparation, as well as distribution and last mile delivery.
Discover additional highlights about the vendors and their product offerings. Download a free sample report
Regional market outlook
The growth of the APAC finished vehicle logistics market will be significant during the forecast period. The increased production of motor vehicles in countries such as India, China, Japan, Indonesia, and South Korea and the growing population is driving the APAC finished vehicle logistics market. In addition, the expansion of auto manufacturing plants by the global brands is fueling the growth of the regional market.
Download our FREE sample report for more highlights on the regional market share of most of the countries mentioned above.
Latest drivers and trends driving the market –
The global auto industry has grown tremendously over the years. The increase in auto sales, especially in developing regions, has contributed to the growth of the industry. For example, between 2018 and 2019, sales of passenger cars in Brazil increased by more than 2 million units. In addition, the growth of the world population has increased the demand for passenger and utility vehicles. With the increase in global vehicle production, the demand for logistics for the transport and storage of finished vehicles is increasing worldwide. All of these factors are driving the growth of the market.
Growing concerns about pollution from ICE vehicles have led to the emergence of electric vehicles. These vehicles help reduce pollution levels. They emit 50% less greenhouse gases than ICE vehicles. Many of these benefits encourage consumers to prefer electric vehicles over fossil fuel-powered vehicles. This has resulted in an increase in the production of electric vehicles, which is driving the demand for efficient logistics services, thus boosting the growth of the market.
Find additional information on various other market drivers and trends mentioned in our FREE Sample Report.
Associated reports:
Replacement Parts Logistics Market by End User and Geography – Forecast and Analysis 2021-2025
Drone Transportation and Logistics Market by Application and Geography – Forecast and Analysis 2021-2025
Scope of the finished vehicle logistics market |
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Cover of the report |
Details |
Page number |
120 |
Year of reference |
2020 |
Forecast period |
2021-2025 |
Growth dynamics and CAGR |
Accelerate at a CAGR of 4.99% |
Market growth 2021-2025 |
$ 20.28 billion |
Market structure |
Fragmented |
Annual growth (%) |
2.92 |
Regional analysis |
APAC, North America, Europe, MEA and South America |
Efficient contribution to the market |
APAC at 54% |
Main consumer countries |
China, United States, Japan, India, Germany and Spain |
Competitive landscape |
Leading companies, competitive strategies, reach of consumer engagement |
Profiled companies |
APL Logistics Ltd., ARS Altmann AG, CEVA Logistics AG, Ekol Lojistik AS, GEFCO Group, Koopman Logistics Group BV, Kuehne + Nagel International AG, OMSAN Logistics, Sevatas and United Parcel Service Inc. |
Market dynamics |
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period. |
Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
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SOURCE Technavio