Automotive Spare Parts Logistics Market

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.

Automotive Spare Parts Logistics Market contains market size and forecasts of Automotive Spare Parts Logistics in Global, including the following market information:

Global Automotive Spare Parts Logistics Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Automotive Spare Parts Logistics market was valued at 45900 million in 2021 and is projected to reach US$ 57060 million by 2028, at a CAGR of 3.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Air Freight Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Spare Parts Logistics include UPS, CEVA, DB Schenker, Deutsche Post DHL, Toyota Tsusho, AnJi, FedEx, Kuehne+Nagel and DSV, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Spare Parts Logistics companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Spare Parts Logistics Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Automotive Spare Parts Logistics Market Segment Percentages, by Type, 2021 (%)

Air Freight

Ocean Freight

Inland Freight

Global Automotive Spare Parts Logistics Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Automotive Spare Parts Logistics Market Segment Percentages, by Application, 2021 (%)

OEM Supply

Aftermarket

Global Automotive Spare Parts Logistics Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Automotive Spare Parts Logistics Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automotive Spare Parts Logistics revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Automotive Spare Parts Logistics revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

UPS

CEVA

DB Schenker

Deutsche Post DHL

Toyota Tsusho

AnJi

FedEx

Kuehne+Nagel

DSV

Ryder System

Logwin

Kerry Logistics

SEKO

Yusen Logistics

TVS Logistics