Spare Parts Logistics Market: CEVA Logistics AG, and Deutsche Bahn AG are Among the Major Market Participants
Trends, Drivers, and Vendor Forecasts for 2021-2025

The spare parts logistics market size is set to post an incremental growth of USD 25.36 billion during 2020-2025. The market will be progressing at a CAGR of 7.00% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business. View the Sample Report.

Spare Parts Logistics Market: Market Segments and Key Trends

The Spare parts logistics market is segmented by End-user (automotive, electronics, industrial, aerospace, and others) and Geography (APAC, Europe, North America, South America, and MEA). APAC led the market with 44% of the market growth set to originate from this region during the forecast period. The adoption of 3d printing in the manufacturing industry is one of the challenges that will need to be overcome to drive growth. 

Spare Parts Logistics Market: Top Drivers to Boost Demand

The market is driven by the increased trade of electronic components between India and China. In addition, the rising focus on enhancing the operating efficiency with Industry 4.0 is anticipated to boost the growth of the spare parts logistics market. China and India have a large middle-income population, which is creating a huge demand for consumable products in APAC. The increasing trade activities have led to a growth in the demand for spare parts logistics in APAC, thereby driving the market growth.

Vendor Analysis: CEVA Logistics AG, Deutsche Bahn AG, and Deutsche Post DHL Group are key growth contributors

The market is fragmented. CEVA Logistics AG, Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., Kuehne Nagel International AG, Nippon Express Co. Ltd., Toyota Tsusho Corp., United Parcel Service Inc., and XPO Logistics Inc. are some of the major market participants.

CEVA Logistics AG

CEVA Logistics AG operates its business through segments such as Freight Management and Contract Logistics. The company offers spare parts logistics services for the automotive, energy, healthcare, industrial, and aerospace sectors.

Deutsche Bahn AG

Deutsche Bahn AG operates its business through segments such as DB Schenker, DB Regional, DB Arriva, DB Cargo, and Others. The company offers spare parts logistics solutions through its DB Schenker Logistics Business Unit.

Deutsche Post DHL Group

Deutsche Post DHL Group operates its business through segments such as Post & Parcel Germany, Express, Global Forwarding, Freight, Supply chain, and eCommerce Parcel. The company offers transport, warehousing, and management solutions for spare parts used in the automotive, healthcare, engineering and manufacturing, and energy sectors.

Download the PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the growth of the market.  

Spare Parts Logistics Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive spare parts logistics market growth during the next five years
• Precise estimation of the spare parts logistics market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the spare parts logistics market industry across APAC, Europe, North America, South America, and MEA
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of spare parts logistics market vendors

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of 7.00%.
    
2. What is the incremental growth of the market?
   The market is expected to grow up to USD 25.36 billion through 2021-2025.
    
3. What is a key factor driving this market?
   Increasing average vehicle age will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market?
   44% growth will originate from APAC.
    
6. Who are the leading market vendors?
   The leading vendors in this market are CEVA Logistics AG, Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., Kuehne Nagel International AG, Nippon Express Co. Ltd., Toyota Tsusho Corp., United Parcel Service Inc., and XPO Logistics Inc.
    
7. What are the market segments covered in this report?
   The market is segmented by End-user (automotive, electronics, industrial, aerospace, and others) and Geography (APAC, Europe, North America, South America, and MEA).