Report : South America Automotive Logistics Market Forecast to 2028 – COVID-19 Impact and Analysis – by Type (Outsourcing and Insourcing), Service (Transportation, Warehousing, Packaging Process, Integrated Service, and Reverse Logistics), and Sector (Passenger Vehicle, Commercial Vehicle, Tire, and Component)

South America Automotive Logistics Market Forecast to 2028 – COVID-19 Impact and Analysis – by Type (Outsourcing and Insourcing), Services (Transportation, Warehousing, Packaging Processes, Integrated Service, and Reverse Logistics), and Sector (Passenger Vehicle, Commercial Vehicle, Tire, and Component)

Insourcing Segment to Dominate SAM automotive logistics Market During 2021–2028   

According to a new market research study on “SAM automotive logistics Market to 2028 – COVID-19 Impact Analysis and Forecast by Component, by Type, Services, Sector, and Country” is expected to reach US$ 8,787.94 million by 2028 from US$ 6,448.45 million in 2021. The market is estimated to grow at a CAGR of 4.5% from 2021 to 2028. The report provides trends prevailing in the SAM automotive logistics Market along with the drivers and restraints pertaining to the market growth. Increasing number of automobile manufacturing units SAM is stimulating the automotive logistics market growth and continuously growing number of partnerships among automobile manufacturers and logistics partners are the major factor driving the growth of the SAM automotive logistics Market. However, complicated nature of supply chain business hinders the growth of SAM automotive logistics Market. 

The SAM automotive logistics Market is segmented based on by type, services, sector, and country. Based on type, the SAM automotive logistics Market is divided into outsourcing and insourcing. The insourcing dominated the SAM automotive logistics Market in 2020. Based on services, the SAM automotive logistics Market is categorized into transportation, warehousing, packaging processes, integrated service, and reverse logistics. The transportation segment dominated the SAM automotive logistics Market in 2020. Based on sector, the SAM automotive logistics Market is categorized into passenger vehicle, commercial vehicle, tire, and component. The component segment dominated the SAM automotive logistics Market in 2020. Based on country, the SAM automotive logistics Market is segmented into Brazil, Argentina, and Rest of SAM. The Rest of SAM segment dominated the SAM automotive logistics Market in 2020.

CEVA LOGISTICS AG; DB Schenker; DHL International GmbH; DSV A/S; GEODIS; Kuehne + Nagel International AG; Nippon Express Co., Ltd.; XPO Logistics, Inc; and United Parcel Service of America, Inc. by Altair are among the leading companies in the SAM automotive logistics Market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Nippon Express announced a strategic partnership with Intel and Honeywell to develop Global Cargo Watcher Advance service for visualizing transport status.

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