Report forecast the spare parts logistics
market in Europe to grow at a CAGR of 3.62% during the period 2018-2022.
The spare parts logistics services include
integrated contract logistics solutions covering all aspects of spare parts fulfilment,
from planning supply chains and developing warehousing and distribution
solutions to inventory management of spare parts and customer service.
The report covers the present scenario and
the growth prospects of the spare parts logistics market in Europe for
2018-2022. To calculate the market size, the report presents a detailed picture
of the market by way of study, synthesis, and summation of data from multiple
sources.
The
market is divided into the following segments based on geography:
- Germany
- Italy
- France
- Others
According to the report, one driver in the
market is increasing demand for spare parts owing to longer lifespan of
vehicles. It is observed that the average age of cars has been rising in the
EU. The average age of cars in the EU rose by more than 15% from year 2010 to
2016. The average of cars in EU in 2010 was between 8 and 9 years. The average
of cars in EU increased to around 11 years in 2016. As the age of the car
increases, the need for the spare parts also increases for the car to run
smoothly.
Further, the report states that one
challenge in the market is complexities involved in time-bound deliveries and
customized supply chains. Choosing the right supply chain model is an important
task as customers prefer shorter lead times while logistics companies seek to
keep the cost as low as possible. Furthermore, apart from lead times, spare
parts manufacturers also need to consider the order sizes in order to main
profits because generally, the cost of freight declines with the increase in
the volume of freight.
Spare
Parts Logistics Market in Europe 2018-2022, 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 players in the spare parts logistics
market in Europe: CEVA Logistics, DB Schenker, Deutsche Post DHL Group, Kuehne
+ Nagel, and UPS.
Market
driver
- Increasing demand for spare parts owing to longer lifespan of vehicles
- For a full, detailed list, view our report
Market
challenge
- Complexities involved in time-bound deliveries and customized supply chains
- For a full, detailed list, view our report
Market
trend
- Introduction of blockchain in logistics industry
- For a full, detailed list, view our report
Key
questions answered in this report
- What will the market size be in 2022 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?
Spanning over 129 pages “Spare
Parts Logistics Market in Europe 2018 - 2022” report covers Executive
summary, Introduction, Scope of the report, Research Methodology, Market
landscape, Market Sizing, Five Forces Analysis, Customer Landscape, Market
Segmentation By End-User, Regional Landscape, Decision Framework, Drivers And
Challenges, Market Trends, Vendor Landscape, Vendor Analysis, Appendix.
Please visit this link for more details: http://mrr.cm/UdF
For related reports please visit: Spare Parts Logistic Market Research Reports
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