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Cargo Inspection Market by Industry (Oil , Gas, & Petrochemicals, Metals & Mining, and Agriculture), and Region (North America, Europe, Asia Pacific, and Rest of the World (South America and Middle East & Africa) - Global Forecast to 2023

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    Report

  • 90 Pages
  • August 2018
  • Region: Global
  • Markets and Markets
  • ID: 4613149

Cargo inspection market to exhibit steady growth between 2018 and 2023

The cargo inspection market is expected to grow from USD 2.38 billion in 2018 to USD 2.85 billion by 2023, at a CAGR of 3.66% between 2018 and 2023. Factors driving the growth of this market include the increasing demand for quality assured commodity and increased international trade of various commodities. Trading house across regions strive to enhance the quality and standards of goods that are imported and exported in the overseas markets, especially in developed countries where stringent regulations are imposed on imported goods. Moreover, the increasing global ago-commodity trade propel the growth of the cargo inspection market. However, different geographies have varying regulations and standards of inspections, which could lead to conflicts regarding the acceptance of local and international standards,

Agriculture industry is expected to have a fastest growth in Cargo Inspection market

This growth is attributed to the formulation of stringent regulations and standards to ensure the quality and safety of products, and increasing awareness among consumers regarding the quality of agricultural products and food. Cargo inspection services in agriculture carry out highly specialized cargo surveys of food and agricultural products to assess their condition. It includes the grain test for moisture, density, percentage of damaged grains, and infestation.

North Americas expected to account for a significant share of the cargo inspection market during the forecast period

North America has some notable amount of export of agro-commodities such as oilseeds, fertilizers, and cereals. US is the major exporter of agro-commodities among North American countries. The US has some rigorous standards for imported goods. The retail sector in Mexico has witnessed a tremendous growth over the past few years. Some of the key factors driving the growth in the country’s retail sales are the increasing income levels of the middle class, rising access to credit and continuous development of organized retail infrastructure.

The breakup of the profiles of primary participants for the report has been given below:

  • By Company Size: Tier 1 = 28%, Tier 2 = 35%, and Tier 3 = 37%
  • By Designation: C-Level Executives = 45%, Directors = 33%, and Others = 22%
  • By Region: Europe = 40%, North America = 30%, APAC = 20%, and RoW = 10%

The cargo inspeciton market is led by various players according to their core competencies. Key players in this market are SGS Group (Switzerland), Bureau Veritas SA (France), Intertek Group plc (UK), ALS Limited (Australia), and Cotecna Inspection SA (Switzerland)

Moreover, players such as SWISS APPROVAL International  (Swisszerland), Pterson & Control Union (Netehrlands), AIM Control Group (Vietnam), Alex Stewart International (UK), CWM Survey & Inspection BV (Netherlands), and Certispec Group (UK) play a significant role in the cargo inspection market.

Research Coverage:

The report on the global cargo inspection market covers different segments - industry and geography. On the basis of industry, the cargo inspection market has been classified into oil , gas & petrochemicals, metals & mining, and agriculture. The report covers 4 major geographic regions - North America, Europe, APAC, and Rest of the World (Middle East & Africa).

Key Benefits of Buying the Report:

  • Illustrative segmentation, analysis, and forecast for the market based on industry and geography have been conducted to provide an overall view of the cargo inspection market.
  • The value chain analysis has been included in the report to provide an in-depth insight into the cargo inspection market.
  • Major drivers, restraints, opportunities, and challenges of the cargo inspection market have been detailed in this report.
  • A detailed competitive landscape, along with key players and their revenues and growth strategies, has been included in the report.
  • Key players in the cargo inspcetion market have been profiled, including their recent developments, product launches, and SWOT analysis. Also, MnM view on these players has been included.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Resources
2.1.2.2 Primary Interviews With Experts
2.1.2.3 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach to Capture the Market Share Using the Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach to Capture the Market Share Using the Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities for the Cargo Inspection Market
4.2 Cargo Inspection Market, By Industry
4.3 Cargo Inspection Market in North America, By Country
4.4 Cargo Inspection Market, By Region and Industry
4.5 Cargo Inspection Market in the Rest of the World (RoW), By Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Harmonization of Standards
5.2.1.2 Increasing Demand for Quality Assurance Commodity
5.2.1.3 Increased Transport Infrastructure
5.2.2 Restraints
5.2.2.1 Divergent Standards and Regulations Across Geographies
5.2.3 Opportunities
5.2.3.1 Free Trade Agreements (FTAS)
5.2.4 Challenges
5.2.4.1 Non-Intrusive Inspection Services
5.3 Value Chain Analysis
5.4 Different Modes of Cargo Transportation
5.4.1 Introduction
5.4.2 Seaborne
5.4.3 Others
6 Cargo Inspection Market, By Industry
6.1 Introduction
6.2 Agriculture
6.3 Metals and Mining
6.4 Oil, Gas, & Petrochemicals
7 Geographic Analysis
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Rest of North America
7.3 Europe
7.3.1 Germany
7.3.2 Rest of the Europe
7.4 APAC
7.4.1 China
7.4.2 Rest of APAC
7.5 Rest of the World
7.5.1 South America
7.5.1.1 Brazil
7.5.2 Middle East & Africa
8 Competitive Landscape
8.1 Overview
8.2 Ranking of Players, 2017
8.3 Competitive Scenario
8.3.1 Recent Developments
9 Company Profiles
9.1 Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
9.1.1 SGS Group
9.1.2 Bureau Veritas
9.1.3 Intertek Group
9.1.4 ALS Limited
9.1.5 Cotecna
9.1.6 Alex Stewart International
9.1.7 Alfred H Knight Group.
9.1.8 CWM Survey & Inspection
9.1.9 Camin Cargo Control.
9.1.10 Swiss Approval International
*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
9.2 Other Players
9.2.1 Peterson and Control Union
9.2.2 Aim Control Group
9.2.3 Cargo Inspection Group
9.2.4 Certispec Group
9.2.5 Wakefield Inspection Services
9.2.6 Marine Inspection
9.2.7 Qtech Control
9.2.8 Cargo Inspectors and Superintendence Co.
9.2.9 E.L. Johnson's Sons & Mowat
9.2.10 W K Webster & Co
9.2.11 Brookes Bell
10 Appendix
10.1 Insights of Industry Experts
10.2 Discussion Guide for the Cargo Inspection Market
10.3 Knowledge Store: Subscription Portal
10.4 Available Customizations
10.5 Related Reports
10.6 Author Details
List of Tables
Table 1 Cargo Inspection Market, By Industry, 2015–2023 (USD Million)
Table 2 Cargo Inspection Market for the Agriculture Industry, By Region, 2015–2023 (USD Million)
Table 3 Cargo Inspection Market for Agriculture Industry in RoW, By Region, 2015–2023 (USD Million)
Table 4 Cargo Inspection Market for Metals & Mining Industry, By Region, 2015–2023 (USD Million)
Table 5 Cargo Inspection Market for Metals & Mining Industry in RoW, By Region, 2015–2023 (USD Million)
Table 6 Cargo Inspection Market for Oil, Gas, & Petrochemicals Industry, By Region, 2015–2023 (USD Million)
Table 7 Cargo Inspection Market for Oil, Gas, & Petrochemicals Industry in RoW, By Region, 2015–2023 (USD Million)
Table 8 Cargo Inspection Market, By Region, 2015–2023 (USD Million)
Table 9 Cargo Inspection Market in North America, By Industry, 2015–2023 (USD Million)
Table 10 North America Cargo Inspection Market for Oil, Gas & Petrochemicals Industry, By Country, 2015–2023 (USD Million)
Table 11 North America Cargo Inspection Market for Metals & Mining Industry, By Country, 2015–2023 (USD Million)
Table 12 North America Cargo Inspection Market for Agriculture Industry, By Country, 2015–2023 (USD Million)
Table 13 US Cargo Inspection Market, By Industry, 2015–2023 (USD Million)
Table 14 Rest of North America Cargo Inspection Market for Agriculture Industry, By Country, 2015–2023 (USD Million)
Table 15 North America Cargo Inspection Market, By Country, 2015–2023 (USD Million)
Table 16 Cargo Inspection Market in Europe, By Industry, 2015–2023 (USD Million)
Table 17 Europe Cargo Inspection Market, By Country, 2015–2023 (USD Million)
Table 18 Cargo Inspection Market in APAC, By Industry, 2015–2023 (USD Million)
Table 19 APAC Cargo Inspection Market for Oil, Gas, & Petrochemicals Industry, By Country, 2015–2023 (USD Million)
Table 20 APAC Cargo Inspection Market for Metals & Mining Industry, By Country, 2015–2023 (USD Million)
Table 21 APAC Cargo Inspection Market for Agriculture Industry, By Country, 2015–2023 (USD Million)
Table 22 China Cargo Inspection Market, By Industry, 2015–2023 (USD Million)
Table 23 Rest of APAC Cargo Inspection Market, By Industry, 2015–2023 (USD Million)
Table 24 APAC Cargo Inspection Market, By Country, 2015–2023 (USD Million)
Table 25 RoW Cargo Inspection Market, By Region, 2015–2023 (USD Million)
Table 26 Cargo Inspection Market in RoW, By Industry, 2015–2023 (USD Million)
Table 27 South America Cargo Inspection Market, By Country, 2015–2023 (USD Million)
Table 28 Cargo Inspection Market in South America, By Industry, 2015–2023 (USD Million)
Table 29 Middle East & Africa Cargo Inspection Market, By Region, 2015–2023 (USD Million)
Table 30 Cargo Inspection Market in the Middle East & Africa, By Industry, 2015–2023 (USD Million)
Table 31 Ranking of Top 3 Players (2017)
List of Figures
Figure 1 Cargo Inspection Market Segmentation
Figure 2 Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Assumptions of the Research Study
Figure 7 Cargo Inspection Market Segmentation
Figure 8 Different Modes of Trade
Figure 9 Cargo Inspection Market, By Industry, Snapshot, 2018–2023
Figure 10 APAC Captured the Largest Market Share in 2017
Figure 11 Growth Opportunities for the Cargo Inspection Market During the Forecast Period
Figure 12 Agriculture Industry is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 US is Estimated to Capture the Largest Market Share in 2018
Figure 14 Oil, Gas, & Petrochemicals Industry is Estimated to Account for the Largest Share in 2018
Figure 15 South America Estimated to Grow at the Highest CAGR During the Forecast Period
Figure 16 Drocs: Cargo Inspection Market
Figure 17 Value Chain Analysis of Cargo Inspection Market
Figure 18 Oil, Gas, & Petrochemicals Industry Expected to Hold the Largest Market Share By 2023
Figure 19 Oil Trade Movement on A Daily Basis (2013-2017)
Figure 20 North America Snapshot
Figure 21 APAC Snapshot
Figure 22 Middle East & Africa Expected to Account Higher Market Share in 2018
Figure 23 SGS Group: Company Snapshot
Figure 24 Bureau Veritas : Company Snapshot
Figure 25 Intertek Group: Company Snapshot
Figure 26 ALS Limited: Company Snapshot

Companies Mentioned

  • ALS Limited
  • Aim Control Group
  • Alex Stewart International
  • Alfred H Knight Group.
  • Brookes Bell
  • Bureau Veritas
  • CWM Survey & Inspection
  • Camin Cargo Control.
  • Cargo Inspection Group
  • Cargo Inspectors and Superintendence Co.
  • Certispec Group
  • Cotecna
  • E.L. Johnson's Sons & Mowat
  • Intertek Group
  • Marine Inspection
  • Peterson and Control Union
  • Qtech Control
  • SGS Group
  • Swiss Approval International
  • W K Webster & Co
  • Wakefield Inspection Services

Table Information