Spare Part Logistics Market, Global Outlook and Forecast 2023-2032
- Siddhi Patil
- Oct 23, 2023
- 3 min read
The global Spare Part Logistics market was valued at US$ 22800 million in 2022 and is projected to reach US$ 28530 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Spare Parts Logistics (SPL) is planned logistics in the event of component failure. Spare parts logistics ensures a smooth and timely delivery of spare parts, because the failure of relevant components in machines, production facilities or medical technology causes high downtime costs. SPL enables logistics managers to efficiently plan the supply chain (SCM) in after sales services. The precisely fitting delivery of required spare parts in the aftermarket to dealers and service technicians on site becomes cost-efficient and plannable. The right parts get to where they are needed at the right time, according to demand.
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This report aims to provide a comprehensive presentation of the global market for Spare Part Logistics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spare Part Logistics. This report contains market size and forecasts of Spare Part Logistics in global, including the following market information:
Global Spare Part Logistics Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
Global Spare Parts Logistics key players include DHL, XPO Logistics, Kuehne+Nagel, CEVA, UPS, etc. Global top five manufacturers hold a share about 35%. Europe is the largest market, with a share about 35%, followed by Asia Pacific, with a share about 30 percent. In terms of product, Last Mile Delivery is the largest segment, with a share about 70%. And in terms of application, the largest application is Automotive, followed by Aerospace, Telecoms and Utilities, Datacenters, Medical, etc.
We surveyed the Spare Part Logistics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Spare Part Logistics Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Spare Part Logistics Market Segment Percentages, by Type, 2022 (%)
Inland Spare Part Logistics
Air Spare Part Logistics
Ocean Spare Part Logistics
Global Spare Part Logistics Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Spare Part Logistics Market Segment Percentages, by Application, 2022 (%)
Automotive
Electronics
Industrial
Aerospace
Others
Global Spare Part Logistics Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Spare Part Logistics Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Spare Part Logistics revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Spare Part Logistics revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CEVA Logistics
FedEx
Kuehne + Nagel
Toyota Tsusho Corporation
United Parcel Service of America
Kerry Logistics Network Limited
Deutsche Post AG
Ryder System
Logwin AG
Yusen Logistics
DSV AS
Schnellecke
Rudolph Logistics Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Spare Part Logistics, market overview.
Chapter 2: Global Spare Part Logistics market size in revenue.
Chapter 3: Detailed analysis of Spare Part Logistics company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Spare Part Logistics in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
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