The North America automotive logistics market comprises distribution channels, warehousing, and transportation activities undertaken to efficiently deliver original equipment manufacturer (OEM) parts, vehicles, and components between suppliers, manufacturers, dealers, and customers. Automotive logistics helps in coordinating an extensive and intricate supply chain that supports production, distribution, and sales of various automobile parts and vehicles.
Market key trends:
The increasing demand for electric and self-driving vehicles is expected to drive the growth of the North America automotive logistics market over the forecast period. Consumers are showing high interest in electric vehicles due to increasing environmental concerns and fluctuating fuel prices. Moreover, autonomous vehicles require advanced technologies and components that add complexity in supply chain and logistics operations. This is anticipated to boost the coordination between OEMs and logistics companies to ensure smooth delivery of parts and vehicles.
Segment Analysis
The North America automotive logistics market is dominated by the passenger vehicles segment which accounted for over 60% share of the total market in 2024. The passenger vehicles segment includes logistics of light commercial vehicles as well as personal vehicles. The dominating nature of this segment can be attributed to high demand for personal vehicles owing to increased disposable incomes and preference for personal mobility over public transportation in the region.
Key Takeaways
North America Automotive Logistics Market Size is expected to witness high growth over the forecast period. The global North America Automotive Logistics Market is estimated to be valued at US$ 86.07 Bn in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 to 2031.
Regional analysis related content comprises: The United States dominates the North America Automotive Logistics Market with over 70% share due to strong domestic automotive production and sales. The country is expected to maintain its dominance over the forecast period supported by high demand from key consuming regions and strong domestic automotive production.
Key players related content comprises: Key players operating in the North America Automotive Logistics Market are Diageo, William Grant & Sons, Castle Brand, Jameson Irish whiskey, and The Old Bushmills Distillery Co.
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