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Spare Parts Logistics Market to Reach US$ 26.4 Billion at a Robust CAGR of 15.7% during Forecast Period of 2024-2030 | The Market Reports

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Spare Parts Logistics Market to Reach US$ 26.4 Billion at a Robust CAGR of 15.7% during Forecast Period of 2024-2030 | The Market Reports

February 22
10:20 2024
Spare Parts Logistics Market to Reach US$ 26.4 Billion at a Robust CAGR of 15.7% during Forecast Period of 2024-2030 | The Market Reports
Spare Parts Logistics Market Set to Surpass US$ 26.4 Billion by 2030, Driven by Growing Demand for Efficient Inventory Management
The Spare Parts Logistics Market is anticipated to achieve a valuation of US$ 26.4 billion by 2030, propelled by a remarkable Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period from 2024 to 2030. This growth is fueled by the increasing complexity of supply chains, rising demand for efficient inventory management, and advancements in logistics technologies.

Synopsis

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.

The global Spare Parts Logistics Market was valued at US$ 22160 million in 2023 and is anticipated to reach US$ 26400 million by 2030, witnessing a CAGR of 2.5% during the forecast period 2024-2030.

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 aims to provide a comprehensive presentation of the global market for Spare Parts Logistics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spare Parts Logistics.

Report Scope

The Spare Parts Logistics market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Spare Parts Logistics market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Spare Parts Logistics companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Request a Sample Copy or Connect for Further Details: https://www.themarketreports.com/report/ask-your-query/1704658

By Company

  • DHL
  • DB Schenker
  • Kuehne+Nagel
  • C.H.Robinson Worldwide
  • DSV
  • CEVA
  • UPS
  • Toyota Tsusho
  • Yusen Logistics
  • Panalphina
  • Ryder System
  • Logwin
  • Sinotrans
  • SAIC AnJi Logistics

 

Segment by Type

  • Last Mile Delivery
  • Long Distance Transportation

 

Segment by Application

  • Automotive
  • Aerospace
  • Datacenters
  • Medical
  • Telecoms and Utilities
  • Others

 

By Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Spare Parts Logistics companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

Read More Related Research Reports:

Logistics Market: https://www.themarketreports.com/report/global-logistics-market-research-report

Temperature Controlled Logistics (TCL) Market: https://www.themarketreports.com/report/global-temperature-controlled-logistics-tcl-market-research-report

Chemical Logistics Market: https://www.themarketreports.com/report/global-chemical-logistics-market-research-report

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