AP NEWS
Click to copy
Press release content from Business Wire. The AP news staff was not involved in its creation.
Click to copy
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Spare Parts Logistics Market Outlook to 2023 with Profiles on Key Players: CEVA Logistics, Deutsche Post, FedEx, KUEHNE + NAGEL, and United Parcel Service of America - ResearchAndMarkets.com

May 14, 2019

DUBLIN--(BUSINESS WIRE)--May 14, 2019--

The “Global Spare Parts Logistics Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The spare parts logistics market will register a CAGR of over 6% by 2023.

The high population density acts as a major driver for trade between India and China

In 2017, India increased the import duty on certain product categories (such as mobile phones. watches, and perfumes) imported from China. However. the increase in import duty will take a long time to have a serious impact on China’s imports to India. The growing trade of HS Code 85 products between these two emerging economies is expected to increase the demand for spare parts logistics in countries in APAC.

Rising free trade agreements in Europe

The rising free trade agreements with many developing countries are increasing the volume of imports and exports in Europe. The increase in free trades provides many opportunities for Europe manufacturers to enter other developed and developing countries. This in turn will drive the demand for spare parts logistics during the forecast period.

Adoption of 3D printing in manufacturing industry

With the use of 3D printing, the spare parts manufacturers can achieve same-day production and shipment. Instead of producing a bulk number of spare parts and storing them on inventory, spare parts manufacturers are moving toward on-demand manufacturing to reduce the packaging and inventory management costs. Thus, adoption of 3D printing in manufacturing industry will hinder market growth.

Competitive Landscape

The market appears to be fragmented, and with the presence of several major companies, the competitive environment is quite intense.

Key Players

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY END-USER

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE

PART 13: VENDOR ANALYSIS

For more information about this report visit https://www.researchandmarkets.com/r/ciigmq

View source version on businesswire.com:https://www.businesswire.com/news/home/20190514005444/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Logistics

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 05/14/2019 05:26 AM/DISC: 05/14/2019 05:26 AM

http://www.businesswire.com/news/home/20190514005444/en

All contents © copyright 2019 The Associated Press. All rights reserved.