Market Share of Global Automotive 3PL Industry
The market is highly fragmented, with several large and small-sized companies. New players are entering the 3PL market with customized and industry-specific services. Some major players include CEVA Logistics, DB Schenker, and DHL. The 3PL players are willing to partner with other players to reduce cost and leverage on mutual competitive advantage. Hence, the market observes a high volume of partnerships, mergers, and acquisitions. The Asia-Pacific region has a high concentration of new and emerging players.
Automotive 3PL Market Leaders
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DB Schenker
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DHL Group
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DSV
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CEVA Logistics
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XPO Logistics
*Disclaimer: Major Players sorted in no particular order
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