North America Automotive Logistics Market Size, Share, Trends, Application Analysis 2028
According to a new market research study on “North America Automotive Logistics Market to 2028 – COVID-19 Impact Analysis and Forecast by Component, by Type, Services, Sector, and Country” is expected to reach US$ 71,282.17 million by 2028 from US$ 48,567.79 million in 2021. The market is estimated to grow at a CAGR of 5.6% from 2021 to 2028.
The North America automotive logistics market is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2021 to 2028. The report highlights key trends shaping the market, as well as the primary drivers and challenges impacting its growth. One of the main growth drivers is the increasing number of automobile manufacturing units across North America, along with the strengthening partnerships between automakers and logistics providers. On the other hand, the complex nature of supply chain operations remains a significant hurdle for market expansion.
The growing demand for both passenger and commercial vehicles in the region can be largely attributed to rising disposable income and the expansion of manufacturing and assembly facilities in both developed and emerging economies. To stay competitive, vendors are introducing new features and technologies in their services, helping them attract new customers and extend their presence in untapped markets. These developments are expected to contribute positively to the market's steady growth over the forecast period.
North America Automotive Logistics Market – Revenue and Forecast to 2028 (US$ Million)
The market is projected to grow significantly by 2028, driven by supply chain optimization, e-commerce in auto parts, and advancements in logistics technologies (e.g., IoT, automation).
North America Automotive Logistics Market Segmentation
- North America Automotive Logistics Market By Type
- Outsourcing: Third-party logistics (3PL) providers handle operations.
- Insourcing: Dominated the market in 2021 due to OEMs retaining control over critical logistics.
- North America Automotive Logistics Market By Service
- Transportation (Dominant in 2021): Includes road, rail, maritime, and air freight.
- Warehousing: Storage, inventory management.
- Packaging Processes: Protective packaging for components.
- Integrated Service: End-to-end logistics solutions.
- Reverse Logistics: Returns, recycling, and recalls.
- North America Automotive Logistics Market By Sector
- Passenger Vehicle: Logistics for cars, SUVs.
- Commercial Vehicle: Trucks, buses.
- Tire: Specialized logistics for tire distribution.
- Component (Dominant in 2021): Largest segment due to complex supply chains for auto parts.
- North America Automotive Logistics Market By Country
- US: Largest market share (2021) due to high vehicle production and logistics infrastructure.
- Canada: Growing EV production boosting demand.
- Mexico: Cost advantages and proximity to the US drive outsourcing.
North America Automotive Logistics Market Key Companies
Leading players include:
- CEVA Logistics AG
- DB Schenker
- DHL International GmbH
- DSV A/S
- GEODIS
- Kuehne + Nagel International AG
- Nippon Express Co., Ltd.
- Ryder System, Inc.
- XPO Logistics, Inc.
- UPS (via Altair collaboration)
North America Automotive Logistics Market Growth Drivers
- EV Expansion: Increased logistics demand for batteries/components.
- Nearshoring: Shift from global to regional supply chains (e.g., Mexico).
- Technology: AI, blockchain for real-time tracking.
Challenges
- Labor shortages, geopolitical trade risks, and cost volatility.
Would you like additional details on specific segments or regional trends?
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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