Spare Parts Logistics Market is Booming Worldwide | Logwin, UPS, Rhenus, Kerry Logistics

The Latest published a market study on Spare Parts Logistics Market provides an overview of the current market dynamics in the Spare Parts Logistics space, as well as what our survey respondents- all outsourcing decision-makers- predict the market will look like in 2027. The study breaks the market by revenue and volume (wherever applicable) and price history to estimate the size and trend analysis and identify gaps and opportunities. Some of the players that are in coverage of the study are UPS (United States), CEVA Logistics (Switzerland), DB Schenker (Germany), Toyota Tsusho (Japan), FedEx (United States), Kuehne+Nagel (Switzerland), DSV (Denmark), Ryder System (United States), Logwin (Luxembourg), Rhenus Group (Germany), Kerry Logistics (Hong Kong).

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Brief Overview on Spare Parts Logistics:
The main purpose of spare parts logistics is a demand-driven, cost-minimal provision of the required spare parts for the maintenance of primary products to ensure an optimal level of availability or reliability of the product. Spare parts are an important feature of logistics engineering and often, dedicated spare parts management systems are needed to keep production activities more efficient. The global spare parts logistic market is projected to witness a considerable growth in near future due to aging operational on-road vehicles rising demand for spare parts and increasing demand from end-users such as automotive and machinery

Opportunities:
Technological advancements in spare parts logistics will boost the Spare Parts Logistics market

Key Market Trends:
Blockchain technology to ease tracking and traceability in spare parts supply chain
3-D printing to transform the supply chain of spare parts

Restraints:
High inventory cost & low warehousing space will hinder the Spare Parts Logistics Market

Market Growth Drivers:
Aging operational on-road vehicles rising demand for spare parts
Increase in demand from major end-users such as automotive, and machinery

Challenges:
Growing demand for warehouses increasing cost for logistics providers

Segmentation of the Global Spare Parts Logistics Market:
by Type (Air Freight, Ocean Freight, Inland Freight), Application (Automotive, Industrial Sector, Technology Industry, Electronics, Others), Enterprise Size (Small & Medium Enterprise, Large Enterprise)

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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Furthermore, the years considered for the study are as follows:
Historical data - 2016-2021
The base year for estimation - 2021
Estimated Year - 2022
Forecast period** - 2022 to 2027 [** unless otherwise stated]

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Summarized Extracts from TOC of Global Spare Parts Logistics Market Study
Chapter 1: Exclusive Summary of the Spare Parts Logistics market
Chapter 2: Objective of Study and Research Scope the Spare Parts Logistics market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2027
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source

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