Cargo Inspection Market Size, Share & Growth | Report 2031
Cargo Inspection Market Size, Share & Growth | Report 2031
Segments - Cargo Inspection Market By Industries (Mining, Metals, Agriculture, Oil, Gas, Petrochemicals, Chemicals, Machine Manufacturing, Automotive, Medical Devices, and others), Offerings (Products and Services), and Regions (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :AL-3935
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| 164 Pages
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Report Description
The global cargo inspection market size was USD 2.60 Bn in 2022 and is likely to reach USD 3.51 Bn by 2031, expanding at a CAGR of 3.40% during, 2023–2031. Cargo spaces planned for loading should be checked to make sure that the compartment is clean, dry, and ready to receive the cargo to be loaded.
Globally, rising demand for quality-assured commodities and expanding commerce of numerous commodities increased the demand for cargo inspection. Strict import laws in developed economies fueled the demand for cargo inspection services. Firms that provide inspection services, such as cargo inspection, include tests on the quantity and quality of traded commodities. Specialized cargo consultants and surveyors conduct these assessments.
Cargo Inspection Market Trends, Drivers, Restraints, and Opportunities
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Quality-assured items are becoming increasingly important. Small and medium-sized businesses are emphasizing on high-quality goods. Customers are aware of the need for safe and high-quality products. Additionally, global standards for product quality are becoming stringent.
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Acceptance of local and international standards by exporters and importers of industries is contradicted by varying legislations and standards across locations. This aspect is estimated to hinder the market growth.
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Free trade is proving to be an effective strategy to attract foreign investment in countries. It lowers or eliminates trade barriers such as taxes and regulatory restrictions. Free trade Agreements (FTAs) [Ma1] boost economic growth by lowering government spending in local industries and attracting Foreign Direct Investment (FDI).
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Cargo inspection services in agricultural industries increased as a result of increased accreditation from the Federation of Oils, Seeds, and Fats Associations (FOSFA) and the Grain and Feed Trade Association. Increased awareness of the quality of agricultural products and food is anticipated to increase cargo inspection opportunities.
Scope of Cargo Inspection Market Report
The report on the global cargo inspection market includes an assessment of the market, size, share, trends, segments, and regional markets. The study includes an overview as well as dynamics.
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Attributes |
Details |
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Report Title |
Cargo Inspection Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Industries (Mining, Metals, Agriculture, Oil, Gas, Petrochemicals, Chemicals, Machine Manufacturing, Automotive, Medical Devices, and others), Offerings (Products and Services) |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
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Key Players Covered |
Agriculture Industry Marine Control Inspection Group, Bureau Veritas, Cargo Inspections Group, Cotecna, EBCO Systems, Intertek Group PLC, Leidos, Qima, SGS, Varex Imaging, and others |
Cargo Inspection Market Segment Insights
Based on industries, the market is segmented into mining, metals, agriculture, oil, gas, petrochemicals, chemicals, machine manufacturing, automotive, medical devices, and others. Cargo inspection services are provided by highly specialized cargo surveyors and inspectors who are certified by the Federation of Oils, Fats, Seeds, and Associations (FOSFA) Grain and Feed Trade Association (GAFTA).
Grain testing for moisture, density, proportion of damaged grains, and infestation are all included in the inspection services. Size, pressure test, acidity, and packaging of fresh fruits and vegetables are all inspected. Additionally, microbiological testing is included. Stringent laws and standards to assure product quality and safety, as well as increased customer knowledge of product quality drive the market.
On the basis of offerings, the market is segmented into products and services. Cargo inspection is one of the inspection services provided by businesses to assess the quality and quantity of traded goods as well as the condition of the cargo that transport commodities.
Cleanliness inspections of cargos, loading and discharge supervision, tank calibration, and damage survey are all included in cargo inspections of products and services. Depending on the industry, these inspection services differ. These inspections are carried out by cargo surveyors and consultants who are experts in their field. These inspection services are frequently performed under international standards including SDA, Codex, ICMSF, and ISO 2859.
In terms of regions, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific is expected to hold a significant share of the market during the forecast period. Strict government policies and a variety of economic factors contribute to the large share of the market in Asia Pacific.
China is one of the top exporters of agro-commodities among countries in Asia and is responsible for the growth of the market in Asia Pacific. India is regarded as one of the most important agro-commodity producing countries. Other factors driving the global cargo inspection market include increasing agro-commodity commerce and growing relevance of security and safety among customers.
Segments
Industries
- Mining, Metals, Agriculture, Oil
- Gas, Petrochemicals
- Chemicals
- Machine Manufacturing
- Automotive
- Medical Devices
- Others
Offerings
- Product
- Services
Regions
- North America
- Europe
- Latin America
- Asia Pacific
- Middle East & Africa
Key Players
- Agriculture Industry Marine Control Inspection Group
- Bureau Veritas
- SGS Société Générale de Surveillance SA
- Cargo Inspection Group
- Cotecna
- EBCO Systems
- Intertek Group PLC
- Leidos
- Qima
- Varex Imaging
- Others
Competitive Landscape
Key players in the global cargo inspection market include Agriculture Industry Marine Control Inspection Group, Bureau Veritas, Cargo Inspections Group, Cotecna, EBCO Systems, Intertek Group PLC, Leidos, Qima, SGS, Varex Imaging, and others. These companies adopted various organic and inorganic growth strategies, such as product launches, product enhancements, partnerships, agreements, mergers, and acquisitions, to expand their presence in the market.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Cargo Inspection Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cargo Inspection Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cargo Inspection Market - Supply Chain
4.5. Global Cargo Inspection Market Forecast
4.5.1. Cargo Inspection Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cargo Inspection Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Cargo Inspection Market Absolute $ Opportunity
5. Global Cargo Inspection Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Cargo Inspection Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Cargo Inspection Demand Share Forecast, 2019-2026
6. North America Cargo Inspection Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Cargo Inspection Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Cargo Inspection Demand Share Forecast, 2019-2026
7. Latin America Cargo Inspection Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Cargo Inspection Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Cargo Inspection Demand Share Forecast, 2019-2026
8. Europe Cargo Inspection Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Cargo Inspection Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Cargo Inspection Demand Share Forecast, 2019-2026
9. Asia Pacific Cargo Inspection Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Cargo Inspection Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Cargo Inspection Demand Share Forecast, 2019-2026
10. Middle East & Africa Cargo Inspection Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Cargo Inspection Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Cargo Inspection Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Cargo Inspection Market: Market Share Analysis
11.2. Cargo Inspection Distributors and Customers
11.3. Cargo Inspection Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Agriculture Industry Marine Control Inspection Group
11.4.2. Bureau Veritas
11.4.3. Cargo Inspections Group
11.4.4. Cotecna
11.4.5. EBCO Systems
11.4.6. Intertek Group PLC
11.4.7. Leidos
Methodology
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