North America Automotive Logistics Market Size, Share & Trends Analysis Report By Type (Finished vehicle, and Automobile Parts), By Distribution (Domestic, and International), By Activity, By Solution, By Country and Growth Forecast, 2024 - 2031

The North America Automotive Logistics Market would witness market growth of 7.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Automotive Logistics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $77,895 million by 2031. The Canada market is experiencing a CAGR of 9.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.4% during (2024 - 2031).

As the automotive industry undergoes continual transformation due to technological innovations, shifting consumer preferences, and regulatory changes, the necessity for efficient, cost-effective, and robust logistics solutions has reached unprecedented levels. Automotive logistics encompasses the transportation, warehousing, inventory management, and supply chain coordination required to move raw materials, components, and finished vehicles from manufacturers to dealerships and end customers. In light of the industry's intricacies, automotive logistics encompasses an extensive network of suppliers, manufacturers, logistics providers, and distributors collaborating harmoniously to facilitate seamless operations.

The increasing adoption of digitization, IoT, AI, and blockchain is revolutionizing the automotive logistics industry, enabling real-time data sharing, automated fleet management, and transparent tracking of shipments. Another significant trend influencing the automotive logistics market is the expansion of electric vehicles (EVs) and the associated battery supply chains. As governments push for decarbonization and sustainability, automakers invest heavily in EV production, which requires a specialized logistics infrastructure to transport lithium-ion batteries, charging stations, and EV components.

Mexico is establishing itself as a significant participant in the realm of global automotive logistics, leveraging its robust auto parts manufacturing industry and advantageous geographic positioning. The Mexican Automotive Industry Association (AMIA) highlights that the country ranks among the top auto parts producers and exporters, with the United States as its primary export destination. According to the International Trade Administration (ITA), Mexico is the seventh-largest passenger vehicle manufacturer globally, producing 3.5 million vehicles annually, of which 88% are exported. The country’s growing focus on electric and hybrid vehicle production, which reached 51,065 units in 2022, an 8.5% increase from 2021, is driving the need for advanced logistics solutions to efficiently transport automotive components. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.

Based on Type, the market is segmented into Finished vehicle, and Automobile Parts. Based on Distribution, the market is segmented into Domestic, and International. Based on Activity, the market is segmented into Warehousing, and Transportation (Roadways, Maritime, Railways, and Airways). Based on Solution, the market is segmented into Inbound, Outbound, Reverse, and Other Solution. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Kintetsu World Express, Inc.
• CMA CGM Group
• Deutsche Post DHL Group (The Deutsche Post AG)
• DSV A/S
• BLG LOGISTICS GROUP AG & Co. KG
• Imperial Brands PLC
• Nippon Express Co., Ltd.
• Hellmann Worldwide Logistics SE & Co. KG
• Schenker Storen AG
• Penske Automotive Group, Inc.

North America Automotive Logistics Market Report Segmentation

By Type

• Finished vehicle
• Automobile Parts

By Distribution

• Domestic
• International

By Activity

• Warehousing
• Transportation
• Roadways
• Maritime
• Railways
• Airways

By Solution

• Inbound
• Outbound
• Reverse
• Other Solution

By Country

• US
• Canada
• Mexico
• Rest of North America