Dublin, Jan. 16, 2024 (GLOBE NEWSWIRE) — The “Cargo Inspection: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Cargo Inspection Market to Reach $3.9 Billion by 2030
The global market for Cargo Inspection estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$3.9 Billion by 2030, growing at a CAGR of 4.1% over the analysis period 2022-2030. Oil, Gas & Petrochemicals, one of the segments analyzed in the report, is projected to record 4.1% CAGR and reach US$1.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Metals & Mining segment is readjusted to a revised 3.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $755.2 Million, While China is Forecast to Grow at 6.2% CAGR
The Cargo Inspection market in the U.S. is estimated at US$755.2 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$820 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
What’s New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 273 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $2.8 Billion |
| Forecasted Market Value (USD) by 2030 | $3.9 Billion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Cargo Inspection – Global Key Competitors Percentage Market Share in 2020 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2020 (E)
FOCUS ON SELECT PLAYERS (Total 42 Featured)
- Aim Control Group
- Alex Stewart International (ASI)
- ALS Ltd.
- Brookes Bell LLC
- Bureau Veritas SA
- Camin Cargo Control Inc.
- Cargo Inspection Group
- Cargo Inspectors and Superintendence Co., Pvt., Ltd.
- Cotecna Inspection SA
- CWM Survey & Inspection BV
- E.L. Johnson’s Sons & Mowat Ltd
- Intertek Group PLC
- Marine Inspection LLC.
- Peterson and Control Union
- Qtech Control Limited
- SGS SA
- Swiss Approval International
- Wakefield Inspection Services (Asia) Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/e9xaym
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- Global Market for Cargo Inspection
