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Premium Report Details
Base Year: 2024
Companies covered: 20
Tables & Figures: 300
Countries covered: 21
Pages: 175
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Automotive Logistics Market
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Automotive Logistics Market Size
The global automotive logistics market size was valued at USD 266.8 billion in 2024 and is estimated to register a CAGR of 6.9% between 2025 and 2034. The total logistics involved in automotive transportation continues to witness significant growth, driven by a rise in vehicle registrations as well as the need for organized warehousing of automotive parts. OICA stated that there was a 12.3% increase in passenger car registrations in 2022-2023 and this registered an over 57 million total registrations.
With trade and production of vehicles continuing to increase across all countries, there is a strong demand for robust and valid dispatch solutions, and this can especially be said for the global scene. Also, a rising trend in investing in enhanced transportation fleets that offer reduced emission facilities are making a positive impact on the outlook of the automotive logistics market. The market is quite literally on the brink of expansion, and that is thanks to this turn towards greener logistical solutions that will ensure sustainability shoots up.
With the increase in demand for electric cars, the required automotive logistics services are also evolving. In 2023, when compared to the previous year, International Energy Agency recorded an astonishing increase of 3.5 million in global electric car sales, which amounts to roughly a 35% increase. With an increase in supply, logistics companies will have to come up with new solutions to transport electric vehicles and their batteries.
Appropriately, transporting EV’s and batteries requires ample temperature-controlled environments as well as specialized battery transportation vehicles. Such logistical support enhances a company’s competitive edge when it comes to transporting ecofriendly and emission friendly vehicles. EV’s sales across the globe are substantially increasing and so is the need for emission friendly transportation logistical services, and this is where automotive sector targeted logistical services provide ample scope for growth.