Global Automotive Spare Parts Logistics Market 2018-2024

Brandessence Market Research has published a new report titled “Automotive Spare Parts Logistics Market 2018-2024”: Forecasts by Parts Type (Repairable, Consumables, Others) by Logistic Phase (Supply, Manufacturing, After Sales) By Application (Authorized Part Suppliers,OEM, Others)Leading manufacturer and Regional Market: Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 - 2024”. According to the report, developing economies are the most lucrative market for Automotive Spare Parts Logistics market during the forecast period 2018-2024
Introduction to Automotive Spare Parts LogisticsIndustry:
The main purpose of automotive spare part logistics is to ensure the timely supply of spare parts with the minimum cost.The spare part logistics facing the automotive aftermarket has its specificity compared with the logistics of general goods. The reason is that the logistics activity of automotive spare parts servesfor the after-sale service. The purpose of the whole activity is to increase the full vehicle sales,decrease the management cost, improve the service level of after-sale market and gain new profitgrowth points of the enterprise.
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Market Dynamics for Automotive Spare Parts Logisticsindustry:
The market is mainly driven by increasing sale of passenger and commercial vehicles has prompted several local and international spareparts logistics companies to expand their market existence in the automotive sector
Owing tothe low manufacturing cost in Asia-Pacific region, several automotive companies fromNorth America and Europehave started establishing their operations in this region. Which results growth in production and demand in automotive spares.The increasing demand mainly from the developing regions like the Middle East & Africa, Asia-Pacific, and South American countries are also driving the market. The emerging markets such as India, China, Brazil, Southeast Asia, and Japan are expected to change the trends and dynamics of the market in the future.
Global Automotive Spare Parts Logistics Market: Segment Overview
The global Automotive Spare Parts Logisticsmarket is estimated to register a CAGR of 6.02% between 2018 and 2024.The growth of the Automotive Spare Parts Logistics market in Asia-Pacific is as a result of American and European Automotive manufacturing companieshave started establishing their operations inAsia-Pacific region.Increasing GDP of China and India are increasing the demand of Automotive Spare Parts Logistics market. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World.
Figure: Automotive Spare Parts Logistics Market Share, By Application


Source: Brandessence Market Research

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This report segment of global Automotive Spare Parts Logisticsmarket as follows:
Global Automotive Spare Parts Logistics Market by Part Type,
• Repairable
• Consumables
• Others
Global Automotive Spare Parts LogisticsMarket by Logistic phase
• Supply
• Manufacturing
• After Sales
Global Automotive Spare Parts LogisticsMarket by Application
• Authorized Part Suppliers
• OEM
• Others
Global Automotive Spare Parts LogisticsMarket: Regional Segment Analysis
• North America
o U.S.
o Mexico
o Canada
• Europe
o UK
o France
o Germany
o Italy
• Asia Pacific
o China
o Japan
o India
o Southeast Asia
• Latin America
o Brazil
• The Middle East and Africa
o GCC
o Africa
o Rest Of MEA
This Global Automotive Spare Parts Logisticsmarket report covers top players like,
• Beumer Group (Germany)
• Broekman logistics (Netherlands)
• CEVA Logistics (Netherlands)
• DB Schenker (Germany)
• Deutsche Post DHL (Germany)
• FedEx SupplyChain (US)
• Kerry Logistics (Hong Kong)
• Kuehne + Nagel (US)
• Logwin (Luxembourg)
• Ryder System (US)
• SEKO Logistics (US)
• TVS Logistics (India)
• UPS (US)
• UTi Worldwide (US)
• Verst Group Logistics (US)
• Yusen Logistics (Japan)