Latest research report on “Automotive Spare Parts Logistics Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Logistics and supply chains for spare parts are different from those of finished products because the market for them is unstable. Many manufacturing companies are facing challenges because of an increase in operational costs and a decline in demand from consumers. Vendors of logistics services should be efficient in the provision of IT, data management, and SCM services. Accurate forecasting of demand takes systematic and proper planning, purchasing, and ordering of logistics operations. Logistics is the framework used to transport spare parts such as machine components, tools, and equipment required for the manufacture of new vehicles and replacement of defective parts. These parts can be transported by road, sea, rail, and air. Spare parts are also known as replacement parts, service parts, and repair parts. Spare parts are stored by vendors to be used when the demand arises for replacement or repair of a product. The demand for spares is characterized by fluctuations and volatility. It is affected by stochastic factors such as the intensity of product use, wear behavior, failure rates, and type of maintenance.
This report contains market size and forecasts of Automotive Spare Parts Logistics in Global, including the following market information:
Global Automotive Spare Parts Logistics Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Automotive Spare Parts Logistics market was valued at 45900 million in 2021 and is projected to reach US$ 57060 million by 2028, at a CAGR of 3.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Air Freight Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Spare Parts Logistics include UPS, CEVA, DB Schenker, Deutsche Post DHL, Toyota Tsusho, AnJi, FedEx, Kuehne+Nagel and DSV, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Spare Parts 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 Automotive Spare Parts Logistics Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Automotive Spare Parts Logistics Market Segment Percentages, by Type, 2021 (%)
– Air Freight
– Ocean Freight
– Inland Freight
Global Automotive Spare Parts Logistics Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Automotive Spare Parts Logistics Market Segment Percentages, by Application, 2021 (%)
– OEM Supply
– Aftermarket
Global Automotive Spare Parts Logistics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Automotive Spare Parts Logistics Market Segment Percentages, By Region and Country, 2021 (%)
– 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 Automotive Spare Parts Logistics revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Automotive Spare Parts Logistics revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– UPS
– CEVA
– DB Schenker
– Deutsche Post DHL
– Toyota Tsusho
– AnJi
– FedEx
– Kuehne+Nagel
– DSV
– Ryder System
– Logwin
– Kerry Logistics
– SEKO
– Yusen Logistics
– TVS Logistics
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