Market Overview

Asia-Pacific Spare Parts Logistics Market 2017-2021 with CEVA Logistics, DB Schenker, DHL, KUEHNE + NAGEL & UPS Dominating - Research and Markets

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The "Spare
Parts Logistics Market in APAC 2017-2021"
report has been added
to Research and Markets' offering.

The spare parts logistics market in APAC to grow at a CAGR of 6.47%
during the period 2017-2021.

Spare Parts Logistics Market in APAC 2017-2021, 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.

One trend in the market is improvements in technology for spare parts
logistics. The use of upgraded technologies in spare parts logistics
service is likely to increase during the forecast period. The spare
parts logistics service providers such as CEVA Logistics, DHL, and
KUEHNE + NAGEL have a range of spare parts logistics services such as
GPS-enabled transportation trucks for tracking of spare parts in
transit, RFID for spare parts inventory control, bar coding, and
management information system related services.

According to the report, one driver in the market is higher profit
margins for spare parts than for core vehicle sales. In growing
automobile markets such as in the India, China, and Indonesia, the
revenue from spare parts business is more than 20% of the total revenue
generation of automobile companies. The proper operation of the supply
chain for spare parts helps automotive companies reach healthy profit
margins when spare parts are sold in aftermarkets as parts are priced
20%-30% higher than spare parts that are attached to the vehicle during
its assembly on the production line.

Further, the report states that one challenge in the market is excess
cost due to over stocking of spare parts. Stock allocation, inventory
control policies, and warehouse localization are of paramount importance
in a logistics system. The complexity involved in inventory management
of spare parts will have an impact depending on the high critical
industries such as the aerospace and to some extent the automotive
industry as well.

Major Market Trends

  • Improvements in technology for spare parts logistics
  • Integration of 3D printing technology for spare parts production
  • Rising adoption of electronic components in vehicles

Key vendors

  • CEVA Logistics
  • DB Schenker
  • DHL
  • KUEHNE + NAGEL
  • UPS

Other prominent vendors

  • Agility
  • Broekman Logistics
  • C.H. ROBINSON
  • DSV
  • FedEx
  • Kerry Logistics
  • Ryder
  • Rhenus
  • TVS Logistics
  • Yusen Logistics

Key Topics Covered:

  1. Executive Summary
  2. Scope Of The Report
  3. Research Methodology
  4. Introduction
  5. Market Landscape
  6. Market Segmentation By End-Users
  7. Regional Landscape
  8. Decision Framework
  9. Drivers And Challenges
  10. Market Trends
  11. Key Vendor Analysis
  12. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/nw3xb4/spare_parts

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