LONDON--(BUSINESS WIRE)--Technavio has been monitoring the spare parts logistics market and it is poised to grow by USD 23.64 billion during 2020-2024, progressing at a CAGR of about 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CEVA Logistics AG, Deutsche Bahn AG, Deutsche Post DHL Group, DSV 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. The increased use of electronic components will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increased use of electronic components has been instrumental in driving the growth of the market.
Spare Parts Logistics Market 2020-2024: Segmentation
Spare Parts Logistics Market is segmented as below:
- North America
- South America
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Spare Parts Logistics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our spare parts logistics market report covers the following areas:
- Spare Parts Logistics Market Size
- Spare Parts Logistics Market Trends
- Spare Parts Logistics Market Industry Analysis
This study identifies enhancing the operating efficiency with Industry 4.0 as one of the prime reasons driving the spare parts logistics market growth during the next few years.
Spare Parts Logistics Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the spare parts logistics market, including some of the vendors such as CEVA Logistics AG, Deutsche Bahn AG, Deutsche Post DHL Group, DSV AS, FedEx Corp., Kuehne + Nagel International AG, Nippon Express Co. Ltd., Toyota Tsusho Corp., United Parcel Service Inc., and XPO Logistics Inc. Backed with competitive intelligence and benchmarking, our research reports on the spare parts logistics market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Spare Parts Logistics Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist spare parts logistics market growth during the next five years
- Estimation of the spare parts logistics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the spare parts logistics market
- 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
Table Of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher priced units
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- CEVA Logistics AG
- Deutsche Bahn AG
- Deutsche Post DHL Group
- DSV AS
- FedEx Corp.
- Kuehne + Nagel International AG
- Nippon Express Co. Ltd.
- Toyota Tsusho Corp.
- United Parcel Service Inc.
- XPO Logistics Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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