The Automotive Logistics Market Size, Growth driven by surge in usage of automotive e-commerce platforms, the increasing production for vehicles and increasing usage of finished vehicle logistic services. The transportation services segment led the market with a share of more than 50% in 2020. Asia Pacific dominated the market in 2020 with a share of more than 40% and is expected to maintain its leading position by 2028.
The Insight Partners published latest research study on "Automotive Logistics Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Outsourcing and Insourcing), Services (Transportation, Warehousing, Packaging Processes, Integrated Service, and Reverse Logistics), and Sector (Passenger Vehicle, Commercial Vehicle, Tire, and Component)", the global automotive logistics market is expected to grow from $197.63 Bn in 2021 to $306.12 Bn by 2028; it is estimated to grow at a CAGR of 6.5% from 2021 to 2028.
