HTF MI added a new research study in its database with title ‘Global Spare Parts Product Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025’ that includes detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Latin America, Europe, Asia-Pacific, Middle East & Africa, Rest of World and important players/vendors such as Bosch (Germany), Spare Parts Manufacturing (South Africa), Jayem Automotives (India) etc. The report will help user gain market insights, future trends and growth prospects for forecast period of 2019-2025.
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Market Snapshot:
Spare parts have revolutionized modern manufacturing, the importance of spare parts and after sales services and maintenance is that original equipment manufacturers (OEMs) are increasingly realizing the potential, and are making a industry model by providing after sales services. Aftermarket sales and services are estimated to be 75% more profitable than those of the core business. However, over 67% of companies are growing their services business more slowly than their main businesses. As companies begin to realize the growth potential in the after–sales market they should take heightened interest in their services business.
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Market Drivers
Aging Operational On-Road Vehicles Rising Demand for Spare Parts
Increase in Demand from Major End-Users Such As Automotive and Machinery
Market Trend
Blockchain Technology to Ease Tracking and Traceability in Spare Parts Supply Chain
Technological Advancements in Spare Parts Logistics
Restraints
High Inventory Cost & Low Warehousing Space
The key Vendors profiled in the report are Bosch (Germany), Spare Parts Manufacturing (South Africa), Jayem Automotives (India), SCT Vertriebs GmbH (Germany), GNA Enterprises (India), Dunlop (United States), SIO Automotive (Turkey), CEAT (India), JBM Group (India), Avtec (United States) and MAG GERMANY (Germany). Additionally, other players that are part of this comprehensive study are Arlington Industries (United Kingdom), Minda Industries (India), Memcol (United Kingdom) and Exide (India).
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Have a look at some extracts from Table of Content
Introduction about Global Spare Parts Product
Global Spare Parts Product Market Size (Sales) Market Share by Type (Product Category) in 2018
Spare Parts Product Market by Application/End Users
Global Spare Parts Product Sales (Volume) and Market Share Comparison by Applications
(2013-2025) table defined for each application/end-users like [Vehicle, Equipment, Consumer Electronics, Other]
Global Spare Parts Product Sales and Growth Rate (2014-2025)
Spare Parts Product Competition by Players/Suppliers, Region, Type and Application
Spare Parts Product (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Spare Parts Product Players/Suppliers Profiles and Sales Data
Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers
Market Sales, Revenue, Price and Gross Margin (2014-2018) table for each product type which include Plastic Spare Parts, Metal Spare Parts
Spare Parts Product Manufacturing Cost Analysis
Spare Parts Product Key Raw Materials Analysis
Spare Parts Product Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2019-2025)
……..and more in complete table of Contents
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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