Dublin, May 17, 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$2.9 Billion in the year 2023, is projected to reach a revised size of US$3.9 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2023-2030. Oil, Gas & Petrochemicals End-Use, one of the segments analyzed in the report, is expected to record 3.6% CAGR and reach US$1.9 Billion by the end of the analysis period. Growth in the Metals & Mining End-Use segment is estimated at 3.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $778.5 Million, While China is Forecast to Grow at 5.4% CAGR
The Cargo Inspection market in the U.S. is estimated at US$778.5 Million in the year 2023. 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 5.4% over the analysis period 2023 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 2.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 273 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $2.9 Billion |
| Forecasted Market Value (USD) by 2030 | $3.9 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- 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/l6ag6r
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