DUBLIN, May 19, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Tire Logistics Market 2017-2021" report to their offering.
The global tire logistics market to grow at a CAGR of 5.79% during the period 2017-2021.
The report, Global Tire Logistics Market 2017-2021, 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.
One trend in market is advances in technology. The use of upgraded technologies in logistics services is likely to increase in the future. Logistics service providers are offering a range of services such as GPS-enabled transportation trucks for tracking, RFID for inventory tracking, bar coding, and management information system-related services. These IT-enabled services increase the efficiency of logistics services on scheduling transportation and delivery and inventory management.
According to the report, one driver in market is upward trend in global automotive sales. The revival of the manufacturing sector and the projected economic expansion worldwide will sustain the demand for the spare parts segment. The growth in manufacturing industries, such as automobile production, electronic product shipments, and the food and beverage industry will benefit the spare parts market. There has been a substantial increase in the global automotive manufacturing market with APAC dominating it. This will provide several benefits to logistics companies, which will eventually fuel the spare parts logistics market. Automotive manufacturing companies are adopting supply chain methods such as JIT and Kanban, which ensure the seamless transportation of inventory, and outsourcing of logistics services to contract logistics companies, hence driving the logistics market.
- CEVA Holdings
- DB Schenker
- Deutsche Post DHL Group
- Kuehne + Nagel
Other prominent vendors
- Broekman Logistics
- BEUMER Group
- FedEx Supply Chain
- Kerry Logistics
- Ryder System
- SEKO Logistics
- TVS Logistics
- Verst Group Logistics
- Yusen Logistics.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/7wh88q/global_tire
Laura Wood, Senior Manager
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SOURCE Research and Markets