Spare Parts Logistics Market 2025-2029
The spare parts logistics market is forecasted to grow by USD 26.7 bn during 2024-2029, accelerating at a CAGR of 5.8% 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in electronic components trade between india and china, increasing average vehicle age, and increasing hardware spending in apac.
Technavio's spare parts logistics market is segmented as below:
By End-user
- Automotive
- Electronics
- Industrial
- Aerospace
- Others
By Type
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing developments in global spare parts logistics market as one of the prime reasons driving the spare parts logistics market growth during the next few years. Also, penetration of blockchain in logistics industry and increase in mergers and acquisitions activities will lead to sizable demand in the market.
The report on the 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 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 SA, DACHSER SE, DB Cargo AG, DHL Supply Chain, DSV AS, Expeditors International of Washington Inc., FedEx Corp., GEODIS, Kerry Logistics Network Ltd., Kuehne Nagel Management AG, LOGISTEED Ltd., Lufthansa Cargo, Nippon Express Holdings Inc., Ryder System Inc., Scan Global Logistics, SEKO Logistics, Toyota Motor Corp., TVS Supply Chain Solutions Ltd., United Parcel Service Inc., and XPO 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 primary and secondary research. 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 accurate market growth.