North America Cargo Inspection Market, By Industry Type (Mining, Metals, Agriculture, Oil, Gas, Petrochemicals, Chemicals, Machine Manufacturing, Automotive, Medical Devices Others), Type (LNG, LPG, Coal, Iron Ore, Grains, Fertilizers, Ro-Ro, Cruise Others), Offering (Product, Services), Inspection Type (Bunker Quantity Surveys, Hold & Hatch Inspection Hold Survey, Draft Survey, Cargo Damage Survey, Cargo Lashing/ Handling/Logistics, Cargo Tally Verification Draft Survey, Cargo Survey, Pre-Shipment Inspection, Cargo Sampling (Oil), Cargo Measurement (Oil), Proof and Inspection of Asset, Pre-Vetting Inspection, Pre-Purchase Vessel Inspection, Vessel On/Off Hire Survey, Vessel Condition and Damage Survey, Cleanliness ISM Preparation Audit, Marine Warranty Survey Navigation Audit Others), Technology (Non-Intrusive Inspection Technology, Non-Destructive Evaluation (NDE) Technology), Port Types (Sea Ports, Inland Ports, Dry Ports, Warm Water Ports) - Industry Trends and Forecast to 2030.
North America Cargo Inspection Market Analysis and Size
The rising demand for oil and gas by-products has directly enhanced the cargo inspection systems with products and services so that any major incident can be avoided and the oil and gas can be saved from igniting or any accidents, thus boosting market growth.
Data Bridge Market Research analyses that the North America cargo inspection market is expected to grow at a CAGR of 3.8% during the forecast period of 2023 to 2030, at USD 621,725.16 thousand in 2022. It is further estimated to reach USD 726,335.14 thousand by 2030. The agriculture is expected to dominate the overall market with maximum market share due to the rise in the export and import duties regarding agro-commodity worldwide.
This market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the cargo inspection market scenario, contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Cargo Inspection Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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By Industry Type (Mining, Metals, Agriculture, Oil, Gas, Petrochemicals, Chemicals, Machine Manufacturing, Automotive, Medical Devices Others), Type (LNG, LPG, Coal, Iron Ore, Grains, Fertilizers, Ro-Ro, Cruise Others), Offering (Product, Services), Inspection Type (Bunker Quantity Surveys, Hold & Hatch Inspection Hold Survey, Draft Survey, Cargo Damage Survey, Cargo Lashing/ Handling/Logistics, Cargo Tally Verification Draft Survey, Cargo Survey, Pre-Shipment Inspection, Cargo Sampling (Oil), Cargo Measurement (Oil), Proof and Inspection of Asset, Pre-Vetting Inspection, Pre-Purchase Vessel Inspection, Vessel On/Off Hire Survey, Vessel Condition and Damage Survey, Cleanliness ISM Preparation Audit, Marine Warranty Survey Navigation Audit and Others), Technology (Non-Intrusive Inspection Technology, Non-Destructive Evaluation (NDE) Technology), Port Types (Sea Ports, Inland Ports, Dry Ports, Warm Water Ports)
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Countries Covered
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U.S., Canada, and Mexico
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Market Players Covered
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SGS SA (Switzerland), Bureau Veritas (France), Intertek Group plc (U.K), ALS Limited (Australia), Cotecna (Switzerland), Alex Stewart International (U.K.), AHK Group Ltd (U.K.), Camin Cargo Control (U.S.), Swiss Approval International (Switzerland), Peterson and Control Union (Netherlands), AIM Control Inspection Group of Companies (Vietnam), Wakefield Inspection Services (U.K.), Marine Inspection LLC (U.S.), Qtech Control Limited (U.K.), WK Webster (U.K.), Brookes Bell LLP (U.K.), TÜV SÜD (Germany), Hitachi, Ltd. (Japan), Smiths Detection Group Ltd. (U.K.), and Eurofins Scientific (Luxembourg) among others.
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Market Opportunities
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Market Definition
Cargo inspection is the systematic examination and assessment of goods, merchandise, or commodities during transport, handling, and storage to ensure they comply with regulatory, safety, quality, and security standards. This process involves physical inspections, documentation checks, and various inspection technologies to verify the condition, quantity, and compliance of cargo, aiming to facilitate safe and efficient international trade while minimizing risks and ensuring adherence to relevant laws and regulations.
North America Cargo Inspection Market Dynamics
Drivers
- International Trade Growth
The increasing volume of international trade and cargo movement in North America, particularly through seaports and airports, is a significant driver for the cargo inspection market. There is a growing need for efficient and thorough cargo inspections to ensure compliance with customs regulations and security standards.
Opportunity
- Stringent Regulatory Requirements
Implementing stringent regulatory requirements related to safety, security, and quality standards for cargo handling and transportation is driving the need for cargo inspection services. Organizations involved in the supply chain must adhere to these regulations, making cargo inspection a vital part of their operations.
Restraint/Challenge
- Rising Concern for Cargo Inspectors
Rising concern for the cargo inspectors while operating in tanker is high that is acting as a restraint for the growth of the cargo inspection market.
Recent Development
- In March 2021, Bureau Veritas launched a solution for remote inspections that deals with technology to expand rapid remote inspection for the challenging environment against carbon emissions. The company enhanced its business portfolio, delivering more profit and income
- In September 2020, Intertek Group plc and Baker Hughes announced their strategic alliance for providing cargo treatment additive services for fuel and bulk cargo. The alliance provides a complete solution for inspection, testing, and additive treatment services. This partnership enhanced the global footprint for the quick service and response added in petroleum cargos at terminals, refineries, and ports
North America Cargo Inspection Market Scope
The cargo inspection market is segmented on the basis of industry type, type, offering, inspection type, technology, and port types. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Industry Type
- Mining
- Metals
- Agriculture
- Oil
- Gas
- Petrochemicals
- Chemicals
- Machine Manufacturing
- Automotive
- Medical Devices
- Others
Type
- LNG
- LPG
- Coal
- Iron Ore
- Grains
- Fertilizers
- Ro-Ro
- Cruise
- Others
Offering
- Product
- Services
Inspection Type
- Bunker Quantity Surveys
- Hold & Hatch Inspection Hold Survey
- Draft Survey
- Cargo Damage Survey
- Cargo Lashing/ Handling/Logistics
- Cargo Tally Verification Draft Survey
- Cargo Survey
- Pre-Shipment Inspection
- Cargo Sampling (Oil)
- Cargo Measurement (Oil)
- Proof and Inspection of Asset
- Pre-Vetting Inspection
- Pre-Purchase Vessel Inspection
- Vessel On/Off Hire Survey
- Vessel Condition and Damage Survey
- Cleanliness ISM Preparation Audit
- Marine Warranty Survey Navigation Audit
- Others
Technology
- Non-Intrusive Inspection Technology
- Non-Destructive Evaluation (NDE) Technology
Port Types
- Sea Ports
- Inland Ports
- Dry Ports
- Warm Water Ports
North America Cargo Inspection Market Region Analysis/Insights
North America cargo inspection market is analyzed and market size information is provided by the country, industry type, type, offering, inspection type, technology, and port types as referenced above.
The countries covered in North America cargo inspection market report are U.S., Canada, and Mexico.
The U.S. is expected to dominate the market owing to factors such as rising development and enhancement of the technology for the market. The enhancement of the technology for the development in the field of inspection services.
Canada is one of the fastest-growing countries in the market. The growth can be attributed to its strategic location, extensive trade networks, and robust regulations governing cargo security and safety. As a key player in international trade, Canada's ports and border crossings are witnessing a surge in cargo traffic, necessitating rigorous inspection and monitoring.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Cargo Inspection Market Share Analysis
North America cargo inspection market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to.
The major players covered in the North America cargo inspection market report are
- SGS SA (Switzerland)
- Bureau Veritas (France)
- Intertek Group plc (U.K.)
- ALS Limited (Australia)
- Cotecna (Switzerland)
- Alex Stewart International (U.K.)
- AHK Group Ltd (U.K.)
- Camin Cargo Control (U.S.)
- Swiss Approval International (Switzerland)
- Peterson and Control Union (Netherlands)
- AIM Control Inspection Group of Companies (Vietnam)
- Wakefield Inspection Services (U.K.)
- Marine Inspection LLC (U.S.)
- Qtech Control Limited (U.K.)
- WK Webster (U.K.)
- Brookes Bell LLP (U.K.)
- TÜV SÜD (Germany)
- Hitachi, Ltd. (Japan)
- Smiths Detection Group Ltd. (U.K.)
- Eurofins Scientific (Luxembourg)
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