Global Spare Parts Logistics Market Size, Status and Forecast 2021-2027

Spare Parts Logistics (SPL) is planned logistics in the event of component failure. Spare parts logistics ensures a smooth and timely delivery of spare parts, because the failure of relevant components in machines, production facilities or medical technology causes high downtime costs.
SPL enables logistics managers to efficiently plan the supply chain (SCM) in after sales services. The precisely fitting delivery of required spare parts in the aftermarket to dealers and service technicians on site becomes cost-efficient and plannable. The right parts get to where they are needed at the right time, according to demand.
DHL, a local Germany company, has the largest market share in the Spare Parts Logistics industry, followed by XPO Logistics and Kuehne+Nagel. Together, the three companies account for 20 per cent of the global market.The spare parts logistics market is a relatively concentrated market, with major players from Europe and North America. Up to now, the main service type of logistics industry is short distance distribution service, accounting for almost 70% of the global market. Spare parts logistics is widely used in automobiles and accounts for about 35% of SPL's total revenue. The share of data centers and medical centers is small, totaling no more than 15 percent of the market.

Market Analysis and Insights: Global Spare Parts Logistics Market
The global Spare Parts Logistics market size is projected to reach US$ 25590 million by 2027, from US$ 21500 million in 2020, at a CAGR of 2.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Spare Parts Logistics market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Spare Parts Logistics market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Spare Parts Logistics market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Spare Parts Logistics market.

Global Spare Parts Logistics Scope and Market Size
Spare Parts Logistics market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Spare Parts Logistics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Last Mile Delivery
Long Distance Transportation

Segment by Application
Automotive
Aerospace
Datacenters
Medical
Telecoms and Utilities
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
DHL
DB Schenker
Kuehne+Nagel
C.H.Robinson Worldwide
DSV
CEVA
UPS
Toyota Tsusho
Yusen Logistics
Panalphina
Ryder System
Logwin
Sinotrans
SAIC AnJi Logistics