Global Automotive Spare Parts Logistics Market 2016-2020

  • Published: Nov 2016
  • Pages: 71
  • SKU: IRTNTR10812
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This market research report identifies players like CEVA Logistics, DB Schenker, Deutsche Post DHL, Kuehne + Nagel, and UPS to be the key vendors in the global automotive spare parts logistics market. This market research report presents a comprehensive analysis of the key market trends, drivers, and challenges that influence market growth. It also outlines the market shares for key regions such as APAC, Europe, MEA, North America, and South America.

Overview of the global automotive spare parts logistics market

Technavio’s market research analyst predicts the global automotive spare parts logistics market to grow at a CAGR of more than 6% over the predicted period.  The growing importance of after-sales services in the automotive industry has increased the demand for the spare parts including replacement partsservice parts, and repair parts and service business considerably, leading to high revenues and profits for the automotive companies. It has also been noted that most OEMs are focusing on spare parts delivery to reduce operating expenses. The largest revenue contributor to the automotive spare parts logistics market is the replacement tire segment. Moreover, the rise in the demand for used cars across the globe is likely to create a higher demand for spare parts and after-sales service. The high demand for automotive spare parts is directly proportional to the revival of the automotive manufacturing sector. Several manufacturers in the market are adopting technologies such as just-in-time and Kanban, which require seamless transportation of inventory, and are outsourcing logistics services to several contract logistics companies to gain market traction.

One of the latest trends gaining traction in the market is the increasing implementation of electronic components in vehicles. Contemporary cars are equipped with more than 1,000 electronic components such as sensors and microcontrollers, leading to intense competition among vehicle manufacturers. Several manufacturers are collaborating with producers of automotive spares and accessories to develop differentiated and value-added products. Also, the rising shift in customer preference toward automobiles incorporated with advanced electronics is propelling the demand for infotainment systems and active and passive safety systems.

Competitive landscape and key vendors

The market comprises of both global and regional players and is localized due to the presence of numerous SMEs.Intense competition prevails in the market as a result of which, the vendors contend in terms of price, delivery speed, reliability, and supply chain capacity. This market is capital-intensive in nature and requires advanced technologies. Several vendors in the market are engaging in merger and acquisition strategies to increase their presence and extend their service portfolios.  The growing production capacity and trade across the globe have increased the requirement for outsourced logistics and has resulted in the entry of new players in the market.

Leading vendors in the market are -

  • CEVA Logistics
  • DB Schenker
  • Deutsche Post DHL
  • Kuehne + Nagel
  • UPS

Other prominent vendors in the automotive spare parts logistics market include Broekman Logistics, BEUMER Group, FedEx, Kerry Logistics, Logwin, Ryder System, SEKO Logistics, TVS Logistics, DSV A/S, Verst Group Logistics, and Yusen Logistics.

Geographical segmentation and analysis of the automotive spare parts logistics market

  • APAC
  • Europe
  • MEA
  • North America
  • South America

APAC is expected to be the fastest-growing region in the automotive spare parts logistics market and is witnessing significant growth during the forecast period. Massive growth in the sale of CVs has prompted several local and international spare parts logistics vendors to expand their market presence in the automotive sector. Due to the low manufacturing cost in this region, several automotive manufacturers Europe and North America have started establishing their operations in APAC, which, in turn, has increased the demand and production of automotive spare parts in the region. Countries such as Japan, China, Australia, India, South Korea, Taiwan, and Singapore will generate the highest revenues in the APAC region over the predicted period.

Growth drivers, challenges, and upcoming trends: Technological advancements

Upcoming trends such as the growing use of upgraded technologies in logistics services are gaining huge popularity in this market. The logistics service providers have a range of services including GPS-enabled transportation trucks for tracking, radio-frequency identification for inventory tracking, bar coding, and management information system related services. These IT-enabled services boost the efficiency of logistics service providers in scheduling transportation and delivery and inventory management. Also, several vendors in the market are using cloud-based customer relationship management solutions to enhance the vendor-shipper relationship by providing more visibility into the supply chain process.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the automotive spare parts logistics market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global automotive spare parts logistics market?
  • What are the key market trends impacting the growth of the global automotive spare parts logistics market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global automotive spare parts logistics market?
  • What are the market opportunities and threats faced by the vendors in the global automotive spare parts logistics market?
  • Trending factors influencing the market shares of APAC, Europe, MEA, North America, and South America.
  • What are the key outcomes of the five forces analysis of the global automotive spare parts logistics market?

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Service offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Value chain of automotive industry

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Geographical segmentation

  • Global automotive spare parts logistics market by geography 2015-2020
  • Automotive spare parts logistics market in APAC
  • Automotive spare parts logistics market in North America
  • Automotive spare parts logistics market in Europe
  • Automotive spare parts logistics market in South America
  • Automotive spare parts logistics market in MEA

PART 07: Market drivers

PART 08: Market challenges

PART 09: Impact of drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

  • Competitive scenario
  • CEVA Logistics
  • DB Schenker
  • Deutsche Post DHL
  • Kuehne + Nagel
  • UPS
  • Other prominent vendors

PART 12: Appendix

  • List of abbreviations

PART 13: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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