In 2017, the global Spare Parts Logistics market size was 42900 million US$ and it is expected to reach 46800 million US$ by the end of 2025, with a CAGR of 1.1% during 2018-2025.
Los Angeles, CA -- (SBWIRE) -- 10/18/2018 -- This report focuses on the global Spare Parts Logistics status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Spare Parts Logistics development in United States, Europe and China.
A spare part, spare, service part, repair part, or replacement part, is an interchangeable part that is kept in an inventory and used for the repair or replacement of failed units. Spare parts are an important feature of logistics engineering and supply chain management, often comprising dedicated spare parts management systems.
Asia-pacific is the largest market as more than half of automotive are shipped from Asia-Pacific, especially China, Japan and Korea. China has the largest automotive production in 2016 and Japan is also an important automotive manufacturing country. With the fast growing automotive production, Asia-Pacific also enjoys the fastest growth rate.
Europe and North America are also the mature automotive market, most manufacturers may take the third party on the duty of parts supply. Under the economic situation, the development speed of
Europe and North America is relative slow.
Today, with the development of technology, automotive spare parts logistic is more efficient and speedy. In recent years, IOT (Internet of Things) is one of the most popular technologies, and which is also very useful for the logistic industry. Besides, more and more logistic robots are used in the freight and warehouse.
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The key players covered in this study
UPS
CEVA
DB Schenker
Deutsche Post DHL
Toyota Tsusho
AnJi
FedEx
Kuehne+Nagel
DSV
Ryder System
Logwin
Kerry Logistics
SEKO
Yusen Logistics
TVS Logistics
Market segment by Type, the product can be split into
Air Freight
Ocean Freight
Inland Freight
Market segment by Application, split into
Automotive
Industrial Sector
Technology Industry
Electronics
Others
Table of Contents
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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