Automotive Logistics Market Size, Share, Trends, Forecast, & Growth Analysis
The automotive logistics market was estimated at USD 185.06 billion in 2022 and is likely to grow at a CAGR of 5.73% during 2023-2028 to reach USD 259.09 billion in 2028. An increase in vehicle production globally, rapid progress and development of supply chain management systems coupled with advanced material planning systems, and the growing importance of contract logistics offering integrated warehousing and transportation solutions are some of the factors expected to accelerate the progress of the market during the forecast period.