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Global Spare Parts Logistics Market
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.
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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.
In 2018, 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 2019-2025.
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.
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The key players covered in this study
Deutsche Post DHL
Market segment by Type, the product can be split into
Market segment by Application, split into
Table of Contents
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Spare Parts Logistics status, future forecast, growth opportunity, key market and key players.
To present the Spare Parts Logistics development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Spare Parts Logistics are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.