“Cargo Inspection Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cargo inspection market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Measure the impact of high global inflation on market growth.
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Where is the largest and fastest growing market for cargo inspection ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The cargo inspection market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Type: Marine; Air; Road
- 2) By Component: Software; Hardware; Service
- 3) By Industry: Mining Industry; Oil and Gas Industry; Agriculture Industry; Other Industries
- Companies Mentioned: SGS SA; Bureau Veritas SA; Intertrek Group Plc.; ALS Limited; Contecna Inspection SA
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the cargo inspection market are SGS SA, Bureau Veritas SA, Intertrek Group Plc., ALS Limited, Contecna Inspection SA, Peterson and Control Union, Swiss Approval International, AIM Group Inspection Company, Cargo Inspections Group, Alex Stewart International Private Limited, C.W.M. Survey & Inspection C.V., Alfred H Knight International Limited, Cargo Inspectors and Superitendence Co. Pvt. Ltd., E.L. Johnson's Sons & Mowat Ltd., Wakefield Inspection Services Ltd., and Marine Inspection LLC.
The global cargo inspection market is expected to grow from $2.73 billion in 2022 to $2.84 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cargo inspection market is expected to grow to $3.28 billion in 2027 at a CAGR of 3.7%.
The cargo inspection market consists of revenues earned by entities by providing pre-loading survey services, loading surveys services, shipment inspection services, cargo container inspection services and cargo quality control services. The market value includes the value of related goods sold by the service provider or included within the service offering. The cargo inspection market also includes sales of inspection equipment and systems that are used in providing cargo inspection services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Cargo inspection refers to a quality or quantity inspection done by an inspector during each certification inspection to assess the condition and suitability of onboard cargo gear. Cargo inspection services occur at crucial stages of pre-production, production, final production, loading into containers, on vessels, during transit, during custody transfer and storage operations, discharge, and damage, loss, and claim.
North America was the largest region in the cargo inspection market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cargo inspection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of cargo inspection are marine, air, and road. Marine cargo inspection refers to the inspection of marine cargo such as timber paper, wood pulp, steel products, ferrous products, and more. Marine inspection is used for survey/audit of warehouses, loading and stowage supervision, draught surveys, and so on. The main components of cargo inspection are software, hardware, and service. The end-users include mining industry, oil and gas industry, agriculture industry, and other industries.
A rise in international trade is expected to propel the growth of the cargo inspection market. International trade refers to the buying, selling, or trading of products and services between businesses in other nations. In international trade, cargo inspection assists the authorities in determining if the shipment's contents adhere to the numerous requirements outlined in the sales contract. For instance, in May 2022, according to a report shared by the World Trade Organization (WTO), a Switzerland-based intergovernmental organization that regulates and facilitates international trade, in the fourth quarter of 2021, global exports of intermediate goods (IGs) increased by 21% year over year. Therefore, a rise in international trade is driving the growth of the cargo inspection market.
Product innovation is emerged as a key trend gaining popularity in the cargo inspection market. Major companies operating in the cargo inspection market are focused on innovating new services to sustain their position in the market. For instance, in March 2022, National Cargo Bureau, a US-based container inspection company, launched a remote container inspection service based on the web-based container inspection database and access portal. Customers can use the new service to remotely assess and inspect container transport units with the assistance of NCB's surveyor staff. Media files and client data are automatically posted to the mobile platform via this device.
In September 2020, Vela Software Group, a Canada-based software company, acquired Navarik Corporation for an undisclosed amount. This acquisition expands Vela's current upstream, midstream, and downstream oil and gas production portfolio. Navarik Corporation is a Canada-based software company that utilizes a single piece of software to manage the whole cargo inspection lifecycle.
The countries covered in the cargo inspection market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The cargo inspection market research report is one of a series of new reports from The Business Research Company that provides cargo inspection market statistics, including cargo inspection industry global market size, regional shares, competitors with a cargo inspection market share, detailed cargo inspection market segments, market trends and opportunities, and any further data you may need to thrive in the cargo inspection industry. This cargo inspection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Cargo Inspection Market Characteristics
3. Cargo Inspection Market Trends And Strategies
4. Cargo Inspection Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Cargo Inspection Market
- 4.2. Ukraine-Russia War Impact On Cargo Inspection Market
- 4.3. Impact Of High Inflation On Cargo Inspection Market
5. Cargo Inspection Market Size And Growth
- 5.1. Global Cargo Inspection Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Cargo Inspection Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Cargo Inspection Market Segmentation
- 6.1. Global Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Marine
- Air
- Road
- 6.2. Global Cargo Inspection Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Software
- Hardware
- Service
- 6.3. Global Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Mining Industry
- Oil And Gas Industry
- Agriculture Industry
- Other Industries
7. Cargo Inspection Market Regional And Country Analysis
- 7.1. Global Cargo Inspection Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Cargo Inspection Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Cargo Inspection Market
- 8.1. Asia-Pacific Cargo Inspection Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Cargo Inspection Market
- 9.1. China Cargo Inspection Market Overview
- 9.2. China Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Cargo Inspection Market
- 10.1. India Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Cargo Inspection Market
- 11.1. Japan Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Cargo Inspection Market
- 12.1. Australia Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Cargo Inspection Market
- 13.1. Indonesia Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Cargo Inspection Market
- 14.1. South Korea Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Cargo Inspection Market
- 15.1. Western Europe Cargo Inspection Market Overview
- 15.2. Western Europe Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Cargo Inspection Market
- 16.1. UK Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Cargo Inspection Market
- 17.1. Germany Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Cargo Inspection Market
- 18.1. France Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Cargo Inspection Market
- 19.1. Eastern Europe Cargo Inspection Market Overview
- 19.2. Eastern Europe Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Cargo Inspection Market
- 20.1. Russia Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Cargo Inspection Market
- 21.1. North America Cargo Inspection Market Overview
- 21.2. North America Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Cargo Inspection Market
- 22.1. USA Cargo Inspection Market Overview
- 22.2. USA Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Cargo Inspection Market
- 23.1. South America Cargo Inspection Market Overview
- 23.2. South America Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Cargo Inspection Market
- 24.1. Brazil Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Cargo Inspection Market
- 25.1. Middle East Cargo Inspection Market Overview
- 25.2. Middle East Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Cargo Inspection Market
- 26.1. Africa Cargo Inspection Market Overview
- 26.2. Africa Cargo Inspection Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Cargo Inspection Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Cargo Inspection Market Competitive Landscape And Company Profiles
- 27.1. Cargo Inspection Market Competitive Landscape
- 27.2. Cargo Inspection Market Company Profiles
- 27.2.1. SGS SA
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Bureau Veritas SA
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Intertrek Group Plc.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. ALS Limited
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Contecna Inspection SA
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Cargo Inspection Market
29. Cargo Inspection Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer