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Spare Parts Logistics Market Share

Report ID: GMI10170
Published Date: Jul 2024
Report Format: PDF

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Spare Parts Logistics Market Share

DHL, UPS and CEVA hold a significant market share of over 8% in the spare parts logistics industry. DHL's extensive global network and advanced technology solutions provide robust and efficient logistics services. UPS leverages its strong transportation infrastructure and innovative delivery solutions to ensure timely and reliable spare parts distribution.

CEVA Logistics, with its comprehensive range of logistics services and expertise in various industries, offers customized solutions for complex supply chain challenges. These companies continuously invest in technological advancements and sustainability initiatives to enhance their market positions, driving efficiency and meeting the evolving demands of the market.

Spare Parts Logistics Market Companies

Major players operating in the spare parts logistics industry are:

DHL Supply Chain
UPS Supply Chain Solutions
CEVA Logistics
DB Schenker
XPO Logistics
Kuehne + Nagel
DSV

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of spare parts logistics reached USD 21.6 billion in 2023 and is set to witness 4.9% CAGR between 2024 and 2032, led by the growing need for automobiles.

The road segment of the spare parts logistics industry held 43% share in 2023, due to its enormous infrastructure, affordability, and flexibility.

Asia Pacific market accounted for 39% share in 2023, owing to highly developed infrastructure, which includes vast road networks and cutting-edge logistical facilities.

DHL Supply Chain, UPS Supply Chain Solutions, CEVA Logistics, DB Schenker, XPO Logistics, Kuehne + Nagel, and DSV among others.