Logistics and supply chains for spare parts are different from those of finished products because the market for them is unstable. Many manufacturing companies are facing challenges because of an increase in operational costs and a decline in demand from consumers. Vendors of logistics services should be efficient in the provision of IT, data management, and SCM services. Accurate forecasting of demand takes systematic and proper planning, purchasing, and ordering of logistics operations. Logistics is the framework used to transport spare parts such as machine components, tools, and equipment required for the manufacture of new vehicles and replacement of defective parts. These parts can be transported by road, sea, rail, and air. Spare parts are also known as replacement parts, service parts, and repair parts. Spare parts are stored by vendors to be used when the demand arises for replacement or repair of a product. The demand for spares is characterized by fluctuations and volatility. It is affected by stochastic factors such as the intensity of product use, wear behavior, failure rates, and type of maintenance.
Asia-pacific is the largest market as more than half of automotive are shipped from Asia-Pacific, especially China, Japan and Korea. China has the largest automotive production in 2016 and Japan is also an important automotive manufacturing country. With the fast growing automotive production, Asia-Pacific also enjoys the fastest growth rate.
Europe and North America are also the mature automotive market, most manufacturers may take the third party on the duty of parts supply. Under the economic situation, the development speed of
Europe and North America is relative slow.
Today, with the development of technology, automotive spare parts logistic is more efficient and speedy. In recent years, IOT (Internet of Things) is one of the most popular technologies, and which is also very useful for the logistic industry. Besides, more and more logistic robots are used in the freight and warehouse.
Global Automotive Spare Parts Logistics market size will reach 46300 million US$ by 2025, from 42900 million US$ in 2018, at a CAGR of 0.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Spare Parts Logistics.
This industry study presents the global Automotive Spare Parts Logistics market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Spare Parts Logistics production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Spare Parts Logistics in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders UPS, CEVA, etc.
The following manufacturers are covered in this report:
Deutsche Post DHL
Automotive Spare Parts Logistics Breakdown Data by Type
Automotive Spare Parts Logistics Breakdown Data by Application
Automotive Spare Parts Logistics Production by Region
Automotive Spare Parts Logistics Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Spare Parts Logistics status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Spare Parts Logistics manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Spare Parts Logistics :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Spare Parts Logistics market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.