DUBLIN—Research and Markets has announced the addition of the "Global Spare Parts Logistics Market 2016-2020" report to their offering.
The global spare parts logistics market to grow at a CAGR above 5% during the period 2016-2020.
Global Spare Parts Logistics Market 2016-2020, 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.
Surge in M&A is one of the main trends promoting growth for the market. Vendors opt for M&A to increase their global presence, expand their product portfolio, and achieve economies of scale in various SCM processes. To establish a global presence, mergers take place between companies in different regions. This enables them to deliver services at all points along the supply chain. M&A will expedite the growth of the consolidator and help firms upgrade their market position.
According to the report, cost reduction on having an integrated supply chain (launch to phase-out stage of a product) is an important driver that led to the growth of the market. With respect to the automotive industry, the potential logistics cost saving for an OEM are spread across the life cycle of the final product. During the launch phase the parts availability is highly critical to maintain the product running without any downtime. The shipment trigger happens when the inventory is below the safety stock mark. While the inventories are high in decline and phase out stage, the criticality remains low.
Further, the report states that choosing the right supply chain model based on criticality is a challenge to the growth of this market. Time bound delivery of spare parts necessitates a strong supply chain. The just-in-time model is not always feasible from a profitability point of view for the spare parts logistics service providers. The variation in spare parts and the demand characteristics also hinder the logistics. Finding the right modes of transportation, location of distribution centers, warehouses, and synchronization with the production capacities of the OEM players to reach the required service level.
Key vendors
- CEVA
- DB Schenker
- Deutsche Post DHL
- Kuehne + Nagel
- UPS
Other prominent vendors
- Broekman logistics
- Beumer Group
- FedEx SupplyChain
- Kerry Logistics
- Logwin
- Ryder System
- SEKO Logistics
- TVS Logistics
- UTi Worldwide
- Verst Group Logistics
- Yusen Logistics
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market segmentation by end-user
Part 06: Geographical segmentation
Part 07: Market drivers
Part 08: Impact of drivers
Part 09: Market challenges
Part 10: Impact of drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information visit http://www.researchandmarkets.com/research/cmjf39/global_spare
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Sector: Logistics
