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Global Spare Parts Logistics Market to grow at a CAGR above 5% during 2016-2020

Press Release   •   Jan 20, 2017 04:01 EST

About Logistics and Supply Chains for Spare Parts

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 hindrances because of an increase in operational costs and a decline in demand from consumers. Vendors of logistics services should be efficient at services such as IT, data management, and supply chain management. Accurate forecasting of demand takes systematic and proper planning, purchasing, and ordering of logistics operations

Technavios analysts forecast the global spare parts logistics market to grow at a CAGR above 5% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global spare parts logistics market for 2016-2020. To calculate the market size, this report covers revenue generated by 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 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.

Download Sample Copy of Report at http://www.marketresearchreports.biz/sample/sample/768096

Key vendors

CEVA

DB Schenker

Deutsche Post DHL

Kuehne + Nagel

UPS

Other prominent vendors

Broekman logistics

Beumer Group

FedEx SupplyChain

Kerry Logistics

Logwin

Ryder System

SEKO Logistics

TVS Logistics

UTi Worldwide

Verst Group Logistics

Yusen Logistics

Market driver

Higher profit margins (more than 60%-70%) for spare parts than for core vehicle sales sales

For a full, detailed list, view our report

Market challenge

Excess cost from over stocking

For a full, detailed list, view our report

Market trend

Improvements in technology

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?