Spare Parts Logistics Market size to grow by USD 22.48 billion from 2022 to 2027; Growth driven by the increase in electronic components trade between India and China

May 06, 2023

NEW YORK, May 31, 2023 /PRNewswire/ -- The latest report on the spare parts logistics market, 2023-2027 estimates to register an incremental growth of USD 22.48 billion, accelerating at a CAGR of 5.47% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report

Spare Parts Logistics Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

CEVA Logistics AG, DACHSER SE, Deutsche Bahn AG, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., FedEx Corp., GEODIS SA, Hitachi Transport System Ltd., Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Lufthansa Cargo, Nippon Express Holdings Inc., Ryder System Inc, SEKO Logistics, SGLT Holding I LP, Toyota Motor Corp., TVS Supply Chain Solutions Ltd., United Parcel Service Inc., and XPO Logistics Inc. are among some of the major market participants.

cevalogistics.com- The company offers CEVA SMART solution spare parts logistics in the automotive aftermarket.

deutschebahn.com- The company offers spare parts logistic solutions.

dsv.com- The company offers spare parts logistic solutions for automotive.

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Spare Parts Logistics Market 2023-2027: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

Spare Parts Logistics Market 2023-2027 Size

Spare Parts Logistics Market 2023-2027 Trends

Spare Parts Logistics Market 2023-2027 Industry Analysis

Market Drivers

Increase in electronic components trade between India and China

Increasing average vehicle age

Increasing hardware spending in APAC

Market Trends

Enhancing the operating efficiency with Industry 4.0

Penetration of blockchain in the logistics industry

Increase in mergers and acquisitions activities

Market Challenges

Adoption of 3D printing in the manufacturing industry

Complexities involved in time-bound deliveries and customized supply chains

Shortage of skilled drivers in the logistics industry

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors download Sample reports

Spare Parts Logistics Market 2023-2027: Segmentation

Spare Parts Logistics Market is segmented as below:

End-user

Type

Geography

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Spare Parts Logistics Market 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027

Detailed information on factors that will assist spare parts logistics market growth during the next five years

Estimation of the spare parts logistics market size and its contribution to the parent market

Predictions on upcoming trends and changes in consumer behavior

The growth of the spare parts logistics market

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of spare parts logistics market, vendors

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Spare Parts Logistics Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.47%

Market growth 2023-2027

USD 22.48 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

5.04

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 49%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

CEVA Logistics AG, DACHSER SE, Deutsche Bahn AG, Deutsche Post AG, DSV AS, Expeditors International of Washington Inc., FedEx Corp., GEODIS SA, Hitachi Transport System Ltd., Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Lufthansa Cargo, Nippon Express Holdings Inc., Ryder System Inc, SEKO Logistics, SGLT Holding I LP, Toyota Motor Corp., TVS Supply Chain Solutions Ltd., United Parcel Service Inc., and XPO Logistics Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global spare parts logistics market 2017 - 2021

4.2 End-user Segment Analysis 2017 - 2021

4.3 Type Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by End-user

6.1 Market segments

6.2 Comparison by End-user

6.3 Automotive - Market size and forecast 2022-2027

6.4 Electronics - Market size and forecast 2022-2027

6.5 Industrial - Market size and forecast 2022-2027

6.6 Aerospace - Market size and forecast 2022-2027

6.7 Others - Market size and forecast 2022-2027

6.8 Market opportunity by End-user

7 Market Segmentation by Type

7.1 Market segments

7.2 Comparison by Type

7.3 Forward - Market size and forecast 2022-2027

7.4 Reverse - Market size and forecast 2022-2027

7.5 Market opportunity by Type

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

9.4 Europe - Market size and forecast 2022-2027

9.5 North America - Market size and forecast 2022-2027

9.6 South America - Market size and forecast 2022-2027

9.7 Middle East and Africa - Market size and forecast 2022-2027

9.8 China - Market size and forecast 2022-2027

9.9 US - Market size and forecast 2022-2027

9.10 Germany - Market size and forecast 2022-2027

9.11 Japan - Market size and forecast 2022-2027

9.12 India - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 CEVA Logistics AG

12.4 Deutsche Bahn AG

12.5 Deutsche Post AG

12.6 DSV AS

12.7 Expeditors International of Washington Inc.

12.8 FedEx Corp.

12.9 GEODIS SA

12.10 Hitachi Transport System Ltd.

12.11 Kerry Logistics Network Ltd.

12.12 Kuehne Nagel Management AG

12.13 Nippon Express Holdings Inc.

12.14 SGLT Holding I LP

12.15 Toyota Motor Corp.

12.16 United Parcel Service Inc.

12.17 XPO Logistics Inc.

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

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Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]: www.technavio.com/

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