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(USGovernment-News.Com, June 05, 2018 ) Transportation of faulty spare parts from the customers to the original equipment manufacturer (OEM) and to the manufacturing industries is the reverse logistics operations of spare parts. Various operations performed in the reverse logistics operations are the collection of faulty spare parts, transportation, warehousing, and the return of parts back to the manufacturers.
Publisher's analysts forecast the global reverse logistics market of spare parts for manufacturing industry's CAGR is expected to be more than 5%, however, the market's growth momentum will decelerate owing to a decrease in the year over year growth.
Covered in this report The report covers the present scenario and the growth prospects of the global reverse logistics market of spare parts for manufacturing industry for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Reverse Logistics Market of Spare Parts for Manufacturing Industry 2018-2022, 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.
Key vendors - C.H. Robinson - DB Schenker - Deutsche Post DHL Group - FedEx - UPS
Market driver - Growth in manufacturing industry globally - For a full, detailed list, view our report
Market challenge - Growing demand for warehouses, increasing the operational cost of LSPs - For a full, detailed list, view our report
Market trend - Introduction of blockchain technology in logistics industry - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2022 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space?
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