PUBLISHER: KBV Research | PRODUCT CODE: 1649320
PUBLISHER: KBV Research | PRODUCT CODE: 1649320
The Europe Automotive Logistics Market would witness market growth of 7.5% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Automotive Logistics Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $22,646.8 million by 2031. The UK market is exhibiting a CAGR of 6.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 8.3% during (2024 - 2031).
Sustainability has become a growing priority in the automotive logistics sector, with companies striving to reduce carbon footprints, optimize fuel consumption, and implement eco-friendly practices. The adoption of electric trucks, hydrogen-powered logistics fleets, and renewable energy-powered warehouses is gaining traction as part of the industry's commitment to green logistics solutions. Furthermore, circular supply chain models, which focus on recycling, reusing, and remanufacturing vehicle components, are widely adopted to improve resource efficiency and minimize waste. Governments and regulatory bodies are also introducing carbon taxation, emission reduction targets, and sustainable transportation incentives, pushing logistics companies to align with environmentally responsible practices.
As the automotive logistics market evolves, collaboration, technological innovation, and supply chain resilience will be crucial in addressing future challenges and opportunities. Companies investing in digital transformation, automation, and predictive analytics will gain a competitive edge by offering faster, more reliable, cost-effective logistics solutions. Meanwhile, strategic partnerships between automakers, logistics providers, and technology firms will drive innovation in smart supply chain management, ensuring that the industry remains agile, efficient, and responsive to changing market dynamics. With continued advancements in connectivity, AI, and sustainable logistics practices, the automotive logistics market is poised for exponential growth, greater efficiency, and enhanced operational effectiveness in the years ahead.
Italy's automotive logistics sector is driven by its robust vehicle manufacturing industry and expanding export activities. According to the International Trade Administration (ITA), the Italian automotive industry contributed €92.7 billion in 2022, representing 9.3% of the country's manufacturing turnover and 5.2% of its GDP. The country produced 782,629 vehicles, including 486,111 cars, 234,798 light commercial vehicles, and 61,720 trucks and buses. With a strong demand for high-quality components, logistics providers must ensure seamless transportation of vehicle parts and efficient cross-border trade operations. Italy's luxury and sports car industry, led by brands like Ferrari and Lamborghini, requires specialized logistics services for high-performance automotive components, emphasizing secure, temperature-controlled, and precision-based supply chain solutions. Hence, these factors highlight the importance of regional logistics strategies and supply chain innovations in supporting Europe's evolving automotive industry.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Automotive Logistics Market Report Segmentation
By Type
By Distribution
By Activity
By Solution
By Country