Spare Parts Logistics Market In Europe 2024-2028
The spare parts logistics market in Europe is forecasted to grow by USD 5744.01 mn during 2023-2028, accelerating at a CAGR of 4.99% during the forecast period. The report on the spare parts logistics market in Europe 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 the increasing average age of vehicles, rising electrification of vehicles, and growing free trade agreements in Europe.
Technavio's spare parts logistics market in Europe is segmented as below:
By Type
By End-user
- Automotive
- Industrial
- Aerospace
- Electronics
This study identifies enhancing operating efficiency with Industry 4.0 as one of the prime reasons driving the spare parts logistics market in Europe's growth during the next few years. Also, maturing autonomous vehicles concept and over-the-air updates for ECUs will lead to sizable demand in the market.
The report on the spare parts logistics market in Europe covers the following areas:
- Spare parts logistics market in Europe sizing
- Spare parts logistics market in Europe forecast
- Spare parts logistics market in Europe 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 in Europe vendors that include Bertelsmann SE and Co. KGaA, Beumer Group GmbH and Co. KG, BLG LOGISTICS GROUP AG AND Co. KG, CMA CGM SA Group, Deutsche Bahn AG, Deutsche Post AG, DILO Co. Inc., DSV AS, Expeditors International of Washington Inc., FedEx Corp., FIEGE Logistik Stiftung and Co. KG, Fujitsu Ltd., Honda Motor Co. Ltd., Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Lufthansa Cargo, SNCF Group, TVS Motor Co. Ltd., United Parcel Service Inc., and XPO Inc.. Also, the spare parts logistics market in Europe 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 way of study, synthesis, and summation of data from multiple sources through 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 accurate market growth.