Automotive Logistics Global Market Report 2023: Market to Expand ... - Business Wire

The global automotive logistics market is projected to reach $340.34 billion by 2027, growing at a compound annual growth rate (CAGR) of 6.3%. This market growth is driven by the increasing demand for efficient transportation of automotive components and vehicles. New product innovations, such as Tata motors' Ultra Sleek T-Series trucks, are gaining popularity in the automotive logistics market. The Asia-Pacific region is expected to be the fastest-growing market in the forecast period.

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