The North America automotive logistics market involves transportation of automotive components, parts and finished vehicles from the manufacturing units to retailers and end users. Streamlining transportation and warehousing processes through increased automation helps optimize the delivery of vehicles and parts across the region in a cost effective manner.

The global North America Automotive Logistics Market is estimated to be valued at US$ 74.71 Bn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
Increased adoption of IoT and AI-enabled solutions
The logistics industry has witnessed increased adoption of IoT and AI-enabled solutions for automating transportation and warehouse operations over the past few years. Advanced technologies help track shipments in real-time, predict demand trends, optimize routes and warehouse layouts. This has streamlined operations and enabled last mile deliveries of vehicles and parts just-in-time. The trend towards automating processes through IoT and AI is expected to continue and drive growth of the North America automotive logistics market during the forecast period.

Segment Analysis
The North America automotive logistics market is dominated by the transportation segment as it accounts for over 45% of the total market share. This segment deals with transportation of semi-finished and completely manufactured vehicles from the manufacturing plants to various retail outlets or even export facilities. The extensive network of roads and highways coupled with the large volume of vehicles produced annually drives the demand for transportation services within the regional market.

Key Takeaways
The Global North America Automotive Logistics Market Size is expected to witness high growth. The global North America Automotive Logistics Market is estimated to be valued at US$ 74.71 Bn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030.

Regional analysis related content comprises transportation of vehicles play a crucial role in the automotive supply chain in North America. The developed road infrastructure, high vehicle production volumes, and growing export activities drive the regional transportation segment.

Key players related content comprises Key players operating in the North America automotive logistics market are Ceva Logistics Ag, Kuehne + Nagel International Ag, Dhl International Gmbh (Deutsche Post Ag), Ryder System, Inc., United Parcel Service, Inc., Db Schenker (Deutsche Bahn Ag), Xpo Logistics, Inc., Dsv A/S, Nippon Express Co., Ltd.

 

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