Dublin, Feb. 24, 2025 (GLOBE NEWSWIRE) -- The "Spare Parts Logistics - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Spare Parts Logistics was valued at US$79.5 Billion in 2024 and is projected to reach US$99.3 Billion by 2030, growing at a CAGR of 3.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as CEVA Logistics, Dachser SE, DSV A/S, Expeditors International of Washington Inc., FedEx Corporation and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
What Market Trends are Driving the Demand for Spare Parts Logistics?
Several key market trends are driving the demand for spare parts logistics, including the increasing complexity of global supply chains, the growing emphasis on preventive maintenance, and the rise of e-commerce in B2B sectors. As supply chains become more globalized, companies are facing greater challenges in managing the timely delivery of spare parts across different regions and markets. This is driving the need for more sophisticated logistics solutions that can handle the complexities of international trade.
The growing focus on preventive maintenance, particularly in industries where equipment downtime can have significant financial impacts, is also boosting demand for spare parts logistics. Companies are increasingly investing in systems that can predict when parts will need to be replaced and ensure they are available when needed. Additionally, the rise of e-commerce in B2B sectors is transforming how spare parts are ordered and delivered, with companies seeking faster and more efficient logistics solutions to meet the expectations of their customers.
Report Scope
The report analyzes the Spare Parts Logistics market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments
Type (Ocean Freight Logistics, Air Freight Logistics, Inland Freight Logistics); End-Use (Automotive End-Use, Electronics End-Use, Industrial End-Use, Aerospace End-Use, Other End-Uses).
Geographic Regions/Countries
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Ocean Freight Logistics segment, which is expected to reach US$60.9 Billion by 2030 with a CAGR of a 4.6%. The Air Freight Logistics segment is also set to grow at 3.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $21.4 Billion in 2024, and China, forecasted to grow at an impressive 7.3% CAGR to reach $21.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Spare Parts Logistics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 49 major companies featured in this Spare Parts Logistics market report include:
- CEVA Logistics
- Dachser SE
- DSV A/S
- Expeditors International of Washington Inc.
- FedEx Corporation
- GXO Logistics Inc.
- Hellmann Worldwide Logistics SE & Co. KG
- Kerry Logistics Network Ltd.
- LOGISTEED Ltd.
- Nippon Express Co. Ltd.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 292 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $79.5 Billion |
| Forecasted Market Value (USD) by 2030 | $99.3 Billion |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Spare Parts Logistics - Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
- Rise in Global Manufacturing Output Fuels Demand for Efficient Spare Parts Logistics
- Adoption of 3D Printing Technology to Streamline Spare Parts Production and Supply
- JIT Inventory Practices Transform Spare Parts Logistics in Automotive Sector
- Impact of Electric Vehicles on Spare Parts Logistics and Inventory Management
- Aerospace Industry Requirements for Precision and Reliability Shape Logistics Models
- AI and Machine Learning Optimize Inventory Levels and Reduce Waste
- Growing Demand for Aftermarket Services Bolsters Spare Parts Logistics
For more information about this report visit https://www.researchandmarkets.com/r/ao29q1
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