Press release
Ship Spares Logistics Market Set to Surge - Key Insights You Must Know
Ship Spares Logistics MarketShip spares logistics is the process of managing the procurement, storage, and delivery of spare parts and equipment for ships. This is a critical function for shipping companies, as it ensures that their ships have the parts they need to stay operational and avoid costly delays.
The global Ship Spares Logistics market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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The market growth is being driven by several factors, including:
Increase in international trade: The global maritime trade is expected to grow in the
coming years, which will increase the demand for shipping and, therefore, the need for ship spares.
Ageing fleet: The average age of the global fleet is increasing, which means that there is a growing need for spare parts to maintain these older vessels.
Increased adoption of digital technologies: Shipowners are increasingly adopting digital technologies to improve their operations, including ship spares logistics. This is leading to increased demand for software and services that can help to optimize spare parts inventory management and delivery.
Growing demand for predictive maintenance: Predictive maintenance is becoming increasingly popular in the maritime industry as it can help to reduce unplanned downtime and improve overall equipment effectiveness (OEE). This is leading to increased demand for ship spares logistics solutions that can support predictive maintenance programs.
Key trends in the market:
Digitization: Ship spares logistics is becoming increasingly digitized, with the use of software and data analytics to optimize inventory management, track shipments, and identify potential risks.
Predictive maintenance: Predictive maintenance is becoming increasingly important in the maritime industry, and ship spares logistics providers are developing solutions that can support these programs.
3D printing: 3D printing is being used to create spare parts on demand, which can reduce lead times and costs.
Sustainability: Ship spares logistics providers are increasingly focusing on sustainability, with the use of eco-friendly packaging, renewable energy sources, and waste reduction programs.
By Type
• Air Transport
• Sea Freight
• Land Transport
• Multimodal Transport
By Application
• Ship Spares Manufacturers
• Shipowners
• Ship Management Companies
• Others
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Key Companies
Logwin, GAC Marine Logistics, Brunel Air Cargo, Seven Seas Group, SSL, World Marine Service, Ship Spares Freight, Wrist Marine Logistics, DB Schenker, FDI Creative Services, Burando Maritime Services, Associated Trans Link, JAG UFS, RIO Logistics ( S ) Pte, Ruya Logistic, Aztek International, Kuehne+Nagel, Marine Logistics Solutions, TEU SA, Acetrans, Genel Transport, Marakish Express Cargo LLC, Unimas Shipping Agency, PM Shipping & Brokerage GmbH, Worldlink, Hamburg Express, MYOBC, SS Shipping Agency & Logistics, Addax Logistics, GEODIS
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