Home > Automotive > Automotive Logistics > Freight Logistics > Finished Vehicles Logistics Market

Finished Vehicles Logistics Market Share

Report ID: GMI10148
Published Date: Jul 2024
Report Format: PDF

Download Free Sample

Finished Vehicles Logistics Market Share

UPS and DHL are the major market players operating in the global finished vehicle logistics market. UPS, a globally recognized logistics provider, has leveraged its comprehensive supply chain solutions and advanced technology to become a dominant force in the finished vehicle logistics market. The company excels in providing reliable and efficient transportation, warehousing, and distribution services tailored to the automotive industry. UPS's extensive global network and innovative logistics solutions enable it to meet the complex demands of vehicle manufacturers and distributors, securing its position as a market leader.

DHL, another major player, has a strong foothold in the finished vehicle logistics market due to its expansive logistics infrastructure and expertise in automotive logistics. Known for its high-quality service and innovative approach, DHL offers a range of customized logistics solutions that include inbound to manufacturing, aftermarket logistics, and finished vehicle distribution. The company's ability to deliver integrated, end-to-end logistics services ensures the smooth and efficient movement of vehicles across various regions, maintaining its competitive edge in the market.

Finished Vehicles Logistics Market Companies

Major players operating in the finished vehicle logistics industry are:

United Parcel Service (UPS)
DHL Supply Chain
XPO Logistics
Kuehne + Nagel
Ceva Logistics
DB Schenker
DSV
Nippon Express
GEFCO
Ryder System, Inc.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Industry size for finished vehicles logistics was worth USD 184.6 billion in 2023 and is projected to expand at over 4.5% CAGR from 2024 to 2032, due to the growing demand for vehicles among consumers and industrial sectors.

The passenger vehicles segment in the finished vehicles logistics industry recorded 55% share in 2023 and is anticipated to grow at notable rate between 2024 and 2032, owing to its enormous volume and widespread demand from customers throughout the world.

The road transportation segment in the finished vehicles logistics industry accounted for 41% revenue share in 2023 and is projected to grow at substantial rate from 2024 to 2032, due to its adaptability and accessibility.

North America industry recorded over 35% share in 2023 and is estimated to grow at notable rate between 2024 and 2032, as the automotive manufacturers have production sites spread throughout the U.S., and Canada