Global Automotive Spare Parts Logistics Market 2016-2020

MarketResearchReports.Biz presents this most up-to-date research on “Global Automotive Spare Parts Logistics Market 2016-2020”

Description

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.

Technavios analysts forecast the global automotive spare parts logistics market to grow at a CAGR of 6.12% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive spare parts logistics market for 2016-2020. To calculate the market size, the report considers the revenue generated third-party logistics (3PL) providers providing spare parts logistics services in the market.

The market is divided into the following segments based on geography:

APAC

Europe

MEA

North America

South America

Technavio’s report, Global Automotive Spare Parts Logistics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

CEVA Logistics

DB Schenker

Deutsche Post DHL

Kuehne + Nagel

UPS

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Other prominent vendors

Broekman Logistics

BEUMER Group

FedEx

Kerry Logistics

Logwin

Ryder System

SEKO Logistics

TVS Logistics

DSV A/S

Verst Group Logistics

Yusen Logistics

Market driver

Growth of automotive industry

For a full, detailed list, view our report

Market challenge

Choosing the right supply chain model

For a full, detailed list, view our report

Market trend

Increased adoption of electronic components in vehicles

For a full, detailed list, view our report

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