The cargo inspection market is expected to grow from an estimated USD 2.38 billion in 2018 to USD 2.85 billion by 2023, at a CAGR of 3.66% between 2018 and 2023. Cargo inspection is one of the inspection services offered by the companies to test the quality and quantity of traded commodities and condition of cargos through which these commodities get traded.
Factors driving the growth of this market include the increasing demand for quality assured commodity and increased trade of various commodities. Trade house across regions strive to enhance the quality and standards of goods that are imported and exported to the overseas markets, especially in developed countries where stringent regulations are imposed on imported goods.
• Download Informaitonal PDF Brochure :-
https://www.marketsandmarkets.com/pdfdownload.asp?id=65330537
Browse 31 market data Tables and 26 Figures spread through 89 Pages and in-depth TOC on "Cargo Inspection Market - Global Forecast to 2023"
https://www.marketsandmarkets.com/Market-Reports/cargo-inspection-market-65330537.html
Early buyers will receive 10% customization on reports.
Market for oil, gas, & petrochemicals industry expected to capture the largest market share during the forecast period
The oil & gas industry is governed by stringent rules, regulations, and standards as it is directly related to the environment and safety of life. Secondly, it is the natural resource on which the economy of any country is dependent. The cargo inspection play a critical role by offering different services to meet all the required regulations and standards.
There is a high demand for efficiency, accuracy, and reliability of support services. Cargo inspection companies play an integral role in the oil, gas, & petrochemicals industry by ensuring the safety of people and sites, maintaining regulatory compliance of raw materials used in all stages of the process and providing services such as tank gauging, bunker inspection, atmospheric monitoring, tank cleanliness inspection, tanker lightering, offshore lightering cargo inspection, sample quality laboratory testing, and investigation of cargo discrepancies.
Cargo inspection market in Asia Pacific to grow at a significant rate during the forecast period
The cargo inspection market is likely to witness a continuous growth across the world, particularly in the emerging economies of Asia Pacific. This growth is mainly being spurred by the strict regulatory and economic factors. Moreover, consumer behavior across the world is changing as customers give greater importance to the quality of the product. Furthermore, factors such as the increasing importance of safety and security among consumers/end users and the increasing product diversification are some of the major growth drivers for this market.
• Speak to Analyst :-
https://www.marketsandmarkets.com/speaktoanalyst.asp?id=65330537
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). Other companies covered in this report are SWISS APPROVAL International (Swisszerland), AIM Control Group (Vietnam), Cargo Inspection Group (UK), Alex Stewart International (UK), CWM Survey & Inspection BV (Netherlands), Peterson & Control Union (Netherlands), Alfred H Knight Group Ltd. (UK), CWM Survey & Inspection BV (Netherlands), Certispec Group (Canada), Qtech Control Limited (UK), Cargo Inspectors and Superitendence Co. Pvt. Ltd. (India), E.L. Johnson’s Sons & Mowat Ltd. (UK), W K Webster & Co. Ltd. (UK), and Brooks Bell (UK).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email:Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/cargo-inspection-market-65330537.html
