Global Spare Parts Logistics Market Growth (Status and Outlook) 2023-2029

Global Spare Parts Logistics Market Growth (Status and Outlook) 2023-2029

Spare Parts Logistics (SPL) is planned logistics in the event of component failure. Spare parts logistics ensures a smooth and timely delivery of spare parts, because the failure of relevant components in machines, production facilities or medical technology causes high downtime costs. SPL enables logistics managers to efficiently plan the supply chain (SCM) in after sales services. The precisely fitting delivery of required spare parts in the aftermarket to dealers and service technicians on site becomes cost-efficient and plannable. The right parts get to where they are needed at the right time, according to demand.
LPI (LP Information)' newest research report, the “Spare Parts Logistics Industry Forecast” looks at past sales and reviews total world Spare Parts Logistics sales in 2022, providing a comprehensive analysis by region and market sector of projected Spare Parts Logistics sales for 2023 through 2029. With Spare Parts Logistics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spare Parts Logistics industry.
This Insight Report provides a comprehensive analysis of the global Spare Parts Logistics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Spare Parts Logistics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Spare Parts Logistics market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Spare Parts Logistics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Spare Parts Logistics.
The global Spare Parts Logistics market size is projected to grow from US$ 21680 million in 2022 to US$ 25930 million in 2029; it is expected to grow at a CAGR of 2.6% from 2023 to 2029.
Global Spare Parts Logistics key players include DHL, XPO Logistics, Kuehne+Nagel, CEVA, UPS, etc. Global top five manufacturers hold a share about 35%. Europe is the largest market, with a share about 35%, followed by Asia Pacific, with a share about 30 percent. In terms of product, Last Mile Delivery is the largest segment, with a share about 70%. And in terms of application, the largest application is Automotive, followed by Aerospace, Telecoms and Utilities, Datacenters, Medical, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Spare Parts Logistics market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Last Mile Delivery
Long Distance Transportation
Segmentation by application
Automotive
Aerospace
Datacenters
Medical
Telecoms and Utilities
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DHL
DB Schenker
Kuehne+Nagel
C.H.Robinson Worldwide
DSV
CEVA
UPS
Toyota Tsusho
Yusen Logistics
Panalphina
Ryder System
Logwin
Sinotrans
SAIC AnJi Logistics

Please note: The report will take approximately 2 business days to prepare and deliver.