Market Overview:
The global spare parts logistics market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The global spare parts logistics market is segmented on the basis of type, application and region. On the basis of type, the global spare parts logistics market is segmented into air freight, ocean freight and inland freight. Air freight dominates the global spare parts logistics market with a share of more than 50%. This can be attributed to its advantages such as fast transit time, high flexibility and low cost as compared to other modes of transportation. Ocean freight accounts for second largest share in terms of revenue contribution in 2017 owing to its large-scale adoption for transporting heavy or bulky goods over long distances. Inland freight constitutes a small but growing share in terms of revenue contribution due to increasing demand from automotive sector across different geographies. On the basis on application, automotive sector dominates the global spare parts logistics market with a share more than 50%. Industrial sector follows automotive sector with significant revenue contribution owing to increasing demand from manufacturing industries across different geographies.
Product Definition:
Spare Parts Logistics is the process of organizing and managing the storage and flow of spare parts within an organization. The goal of spare parts logistics is to ensure that the right parts are available when they are needed, in the correct quantities, and at a price that meets or exceeds expectations.
Air Freight:
Air freight is the transportation of goods by air. It is a mode of transport that involves the movement of items between two points, usually a manufacturing facility and retail distribution center, using aircraft or cargo carriers as intermediaries. Air freight has been used extensively for inter-city shipment; however, in recent years it has witnessed significant growth for short haul and intra-city shipment due to its cost effectiveness compared to other modes of transport including roadways/ railways and shipping by sea.
Ocean Freight:
Ocean freight is the transportation of goods by sea. Ocean freight services are used in various industries such as automotive, manufacturing, and electronics. Ocean freight has gained popularity owing to its low cost which is an important factor for small and medium-sized businesses that lack infrastructure or have limited budget for establishing effective supply chain management systems.
The global ocean freight market size was valued at USD 90 billion in 2015.
Application Insights:
The automotive application segment accounted for a share of over 30.0% in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to the growing demand for vehicles across the globe. The surge in automobile sales is directly proportional to an increase in production, which has resulted in an increased requirement for replacement parts as well as service parts, thereby supporting the growth of this market during the forecast period.
The technology industry also holds considerable spare parts logistics market share.
Regional Analysis:
Asia Pacific regional spare parts logistics market is expected to emerge as the fastest growing region over the forecast period. The growth can be attributed to increasing industrialization and rising investments in technology. In addition, Asia Pacific has a large number of manufacturers who are investing more in automation and advanced manufacturing processes, which will create new opportunities for industry participants over the next eight years.
The European regional market accounted for a significant share of global revenue owing to high demand from automobile industries across major countries including Germany, France, Italy and U.K., among others.
Growth Factors:
- Increasing demand for spare parts from the automotive and manufacturing industries
- Growing popularity of just-in-time inventory management practices
- Proliferation of online marketplaces and e-commerce platforms for spare parts
- Rising number of vehicle recalls and subsequent replacement part demand
- Emergence of advanced technologies such as 3D printing that can help reduce lead times for spare parts
Scope Of The Report
Report Attributes
Report Details
Report Title
Spare Parts Logistics Market Research Report
By Type
Air Freight, Ocean Freight, Inland Freight
By Application
Automotive, Industrial Sector, Technology Industry, Electronics, Others, Table of Contents
By Companies
UPS, CEVA, DB Schenker, Deutsche Post DHL, Toyota Tsusho, AnJi, FedEx, Kuehne+Nagel, DSV, Ryder System, Logwin, Kerry Logistics, SEKO, Yusen Logistics, TVS Logistics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Spare Parts Logistics Market Report Segments:
The global Spare Parts Logistics market is segmented on the basis of:
Types
Air Freight, Ocean Freight, Inland Freight
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Industrial Sector, Technology Industry, Electronics, Others, Table of Contents
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UPS
- CEVA
- DB Schenker
- Deutsche Post DHL
- Toyota Tsusho
- AnJi
- FedEx
- Kuehne+Nagel
- DSV
- Ryder System
- Logwin
- Kerry Logistics
- SEKO
- Yusen Logistics
- TVS Logistics
Highlights of The Spare Parts Logistics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Freight
- Ocean Freight
- Inland Freight
- By Application:
- Automotive
- Industrial Sector
- Technology Industry
- Electronics
- Others
- Table of Contents
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spare Parts Logistics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Spare parts logistics is the process of managing the procurement, storage, and distribution of replacement parts for a company's products.
Some of the major companies in the spare parts logistics market are UPS, CEVA, DB Schenker, Deutsche Post DHL, Toyota Tsusho, AnJi, FedEx, Kuehne+Nagel, DSV, Ryder System, Logwin, Kerry Logistics, SEKO, Yusen Logistics, TVS Logistics.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Spare Parts Logistics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Spare Parts Logistics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Spare Parts Logistics Market - Supply Chain
4.5. Global Spare Parts Logistics Market Forecast
4.5.1. Spare Parts Logistics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Spare Parts Logistics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Spare Parts Logistics Market Absolute $ Opportunity
5. Global Spare Parts Logistics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Spare Parts Logistics Market Size and Volume Forecast by Type
5.3.1. Air Freight
5.3.2. Ocean Freight
5.3.3. Inland Freight
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Spare Parts Logistics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Spare Parts Logistics Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Industrial Sector
6.3.3. Technology Industry
6.3.4. Electronics
6.3.5. Others
6.3.6. Table of Contents
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Spare Parts Logistics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Spare Parts Logistics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Spare Parts Logistics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Spare Parts Logistics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Spare Parts Logistics Demand Share Forecast, 2019-2029
9. North America Spare Parts Logistics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Spare Parts Logistics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Spare Parts Logistics Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Industrial Sector
9.4.3. Technology Industry
9.4.4. Electronics
9.4.5. Others
9.4.6. Table of Contents
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Spare Parts Logistics Market Size and Volume Forecast by Type
9.7.1. Air Freight
9.7.2. Ocean Freight
9.7.3. Inland Freight
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Spare Parts Logistics Demand Share Forecast, 2019-2029
10. Latin America Spare Parts Logistics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Spare Parts Logistics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Spare Parts Logistics Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Industrial Sector
10.4.3. Technology Industry
10.4.4. Electronics
10.4.5. Others
10.4.6. Table of Contents
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Spare Parts Logistics Market Size and Volume Forecast by Type
10.7.1. Air Freight
10.7.2. Ocean Freight
10.7.3. Inland Freight
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Spare Parts Logistics Demand Share Forecast, 2019-2029
11. Europe Spare Parts Logistics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Spare Parts Logistics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Spare Parts Logistics Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Industrial Sector
11.4.3. Technology Industry
11.4.4. Electronics
11.4.5. Others
11.4.6. Table of Contents
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Spare Parts Logistics Market Size and Volume Forecast by Type
11.7.1. Air Freight
11.7.2. Ocean Freiht
11.7.3. Inland Freight
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Spare Parts Logistics Demand Share, 2019-2029
12. Asia Pacific Spare Parts Logistics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Spare Parts Logistics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Spare Parts Logistics Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Industrial Sector
12.4.3. Technology Industry
12.4.4. Electronics
12.4.5. Others
12.4.6. Table of Contents
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Spare Parts Logistics Market Size and Volume Forecast by Type
12.7.1. Air Freight
12.7.2. Ocean Freight
12.7.3. Inland Freight
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Spare Parts Logistics Demand Share, 2019-2029
13. Middle East & Africa Spare Parts Logistics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Spare Parts Logistics Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Spare Parts Logistics Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Industrial Sector
13.4.3. Technology Industry
13.4.4. Electronics
13.4.5. Others
13.4.6. Table of Contents
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Spare Parts Logistics Market Size and Volume Forecast by Type
13.7.1. Air Freight
13.7.2. Ocean Freight
13.7.3. Inland Freight
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Spare Parts Logistics Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Spare Parts Logistics Market: Market Share Analysis
14.2. Spare Parts Logistics Distributors and Customers
14.3. Spare Parts Logistics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. UPS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CEVA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DB Schenker
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Deutsche Post DHL
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toyota Tsusho
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AnJi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FedEx
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kuehne+Nagel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DSV
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ryder System
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Logwin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kerry Logistics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SEKO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Yusen Logistics
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TVS Logistics
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook