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
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.
The market appears to be fragmented, and with the presence of several major companies, the competitive environment is quite intense.
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
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SOURCE: Research and Markets
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PUB: 05/14/2019 05:26 AM/DISC: 05/14/2019 05:26 AM