Global Spare Parts Logistics Market 2021-2025

The publisher has been monitoring the spare parts logistics market and it is poised to grow by $ 25.36 bn during 2021-2025, progressing at a CAGR of 7.00% during the forecast period. The report on the spare parts logistics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing average vehicle age and increase in electronic components trade between India and China.

The spare parts logistics market analysis includes the end-user segment and geographic landscape.

The spare parts logistics market is segmented as below:

By End-user

• automotive
• electronics
• industrial
• aerospace
• others

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the rising free trade agreements in Europe as one of the prime reasons driving the spare parts logistics market growth during the next few years.

The report on spare parts logistics market covers the following areas:

• Spare parts logistics market sizing
• Spare parts logistics market forecast
• Spare parts logistics market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading spare parts logistics market vendors that include CEVA Logistics AG, Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., Kuehne Nagel International AG, Nippon Express Co. Ltd., Toyota Tsusho Corp., United Parcel Service Inc., and XPO Logistics Inc. Also, the spare parts logistics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.