Spare Parts Logistics Market Report 2026

The spare parts logistics market size has grown strongly in recent years. It will grow from $38.2 billion in 2025 to $40.6 billion in 2026 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to expansion of installed equipment base, increasing complexity of machinery components, growth in after-sales service models, rising demand for maintenance efficiency, availability of global distribution networks.

The spare parts logistics market size is expected to see strong growth in the next few years. It will grow to $52.48 billion in 2030 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to increasing investments in smart logistics platforms, rising demand for real-time parts visibility, expansion of service-centric business models, growing adoption of automation in warehouses, increasing focus on supply chain resilience. Major trends in the forecast period include increasing adoption of digital inventory management systems, rising demand for rapid spare parts fulfillment, growing integration of predictive analytics in logistics, expansion of reverse logistics capabilities, enhanced focus on minimizing equipment downtime.

The growth in demand for after sales services is expected to enhance the growth of the spare parts logistics market in the coming years. After sales services refer to the range of support provided by a company to customers after a product purchase, including installation, maintenance, repair, spare parts supply, upgrades, and customer support, aimed at ensuring customer satisfaction, product longevity, and brand loyalty. The demand for after sales services is increasing as manufacturers focus more on offering comprehensive support and maintenance to customers. As a result, spare parts logistics solutions are experiencing higher demand, since the expansion of after sales services requires efficient inventory management, faster delivery, and improved supply chain responsiveness. For example, in September 2024, according to Reuters, Ola Electric operated nearly 800 company owned stores and 431 service centres, and announced plans to expand to 1,800 centres by the festive season, aiming to add 10,000 new partners by 2025. This demonstrates notable growth in its after sales service network to strengthen customer reach and market presence. Therefore, the growth in demand for after sales services is enhancing the growth of the spare parts logistics market.

Key companies operating in the spare parts logistics market are increasingly implementing advanced innovations, such as generative artificial intelligence (AI) for parts identification, to automate and optimize procurement and fulfillment operations. Generative AI for parts identification utilizes machine learning models trained on vast datasets of images, 3D models, and technical specifications to accurately recognize components even from unclear photos or incomplete descriptions. For instance, in February 2025, Honeywell, a US based technology company, launched its Generative AI Powered Parts Identification tool. The system allows maintenance technicians to upload an image of a damaged or worn part, after which the AI identifies the component, matches it with Honeywell’s global inventory database, and automatically creates an accurate order request. This innovation significantly reduces human error and the time needed to locate correct part numbers. Fully integrated with Honeywell’s logistics network, the tool minimizes equipment downtime, enhances first time fix rates, and streamlines the entire spare parts supply chain.

In January 2024, AIT Worldwide Logistics Inc., a US-based logistics and freight company, acquired Global Transport Solutions Group for an undisclosed amount. Through this acquisition, AIT Worldwide Logistics aims to expand Global Transport Solutions Group’s North American operations by leveraging its strong U.S. sales network and delivering world-class spare parts logistics solutions for maritime customers across ports. Global Transport Solutions Group is a Netherlands-based company specializing in spare parts logistics for the maritime industry.

Major companies operating in the spare parts logistics market report are DHL Group, Kuehne + Nagel, DB Schenker, UPS Supply Chain Solutions, CEVA Logistics, DSV, XPO Logistics, FedEx Supply Chain, Nippon Express, Geodis, C.H. Robinson Worldwide, Sinotrans Ltd., Kerry Logistics, Yusen Logistics, Bolloré Logistics, Hellmann Worldwide Logistics, Expeditors International, Rhenus Logistics, Dachser, Penske Logistics, Agility Logistics, Ryder Group, Broekman Logistics, Logwin, Toyota Tsusho, TVS Logistics (TVS Supply Chain Solutions), SEKO Logistics, GEFCO, AnJi (SAIC AnJi Logistics), Kintetsu World Express.

North America was the largest region in the spare parts logistics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the spare parts logistics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the spare parts logistics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The spare parts logistics market includes revenues earned by entities through distribution, storage services, and supply chain consulting and optimization. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.