- Software,
- Hardware
- Service
Cargo Inspection Market size was valued at USD 2,762.3 million in 2022 and is expected to reach a value of USD 3,519.2 million by 2029, growing at a CAGR of 3.52% from 2023 to 2029. The global market provides a detailed overview of the cargo inspection market and that can be segmented by component and industry. By component, the cargo inspection market has been segmented into software, hardware, and services. The software segment is likely to be the largest and fastest-growing segment in the market. Based on industry, the cargo inspection market is segmented into the mining industry, oil & gas industry, agriculture and others. The mining industry segment is expected to have the fastest-growing market during the forecast period 2023-2029.
Cargo Inspection Market Key Developments:
- In April 2021, The United States Customs and Border Protection (CBP) has awarded Leidos Holdings Inc, a major Reston-based Fortune company, a contract worth US$480 million to provide novel and advanced multi-energy portal systems for non-intrusive inspections of respective commercial vehicles at sea or land points of entry.
Cargo Inspection Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
3.52%
Largest Market
Europe
Fastest Growing Market
Asia-Pacific
Cargo Inspection Market Dynamics
The market's expansion is being fueled by increased transportation of products and services, as well as rising demand for quality-assured commodities. During the projected period, growing transportation infrastructure, rising awareness about the quality of food and agricultural goods and expanding government laws and regulations are expected to boost the market growth.
Asia Pacific dominates the market
Cargo Inspection Market Regional Analysis
Asia Pacific market is expected to witness the highest market share during the forecast period. The rigorous regulatory and economic factors are primarily driving the market. Among Asian countries, China is one of the top exporters of agro-commodity. Furthermore, increasing agro-commodity trade and the growing relevance of safety and security among consumers/end users are some of the primary growth drivers for the cargo inspection industry.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The cargo inspection market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Cargo Inspection Market Segmentation
By Component
By Industry
- Mining Industry
- Oil & Gas Industry
- Agriculture
- Others
By Geography
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Frequently Asked Questions
The cargo inspection market size was valued at USD 2,762.3 million in 2022.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
The cargo inspection market key players are: Intertek Group PLC, SGS, Bureau Veritas, Qima, Cargo Inspections Group, Leidos, Varex Imaging, Cotecna SA
| 1. Executive Summary |
| 2. Global Cargo Inspection Market Introduction |
| 2.1. Global Cargo Inspection Market - Taxonomy |
| 2.2. Global Cargo Inspection Market -Definitions |
| 2.2.1. By Component |
| 2.2.2. By Industry |
| 2.2.3. By Region |
| 3. Global Cargo Inspection Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Cargo Inspection Market Dynamic Factors - Impact Analysis |
| 3.6. Global Cargo Inspection Market - Competition Landscape |
| 4. Global Cargo Inspection Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Cargo Inspection Market, By Component, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Software |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Hardware |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Services |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Cargo Inspection Market, By Industry, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1. Mining Industry |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Oil & Gas Industry |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Agriculture |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. Global Cargo Inspection Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Cargo Inspection Market - Opportunity Analysis Index, By Component, By Industry and Region, 2023 - 2029 |
| 8. North America Cargo Inspection Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Software |
| 8.1.2. Hardware |
| 8.1.3. Services |
| 8.2. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1. Mining Industry |
| 8.2.2. Oil & Gas Industry |
| 8.2.3. Agriculture |
| 8.2.4. Others |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Cargo Inspection Market - Opportunity Analysis Index, By Component, By Industry and Country, 2023 - 2029 |
| 8.5. North America Cargo Inspection Market Dynamics - Trends |
| 9. Europe Cargo Inspection Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Software |
| 9.1.2. Hardware |
| 9.1.3. Services |
| 9.2. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Mining Industry |
| 9.2.2. Oil & Gas Industry |
| 9.2.3. Agriculture |
| 9.2.4. Others |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Rest of Europe |
| 9.4. Europe Cargo Inspection Market - Opportunity Analysis Index, By Component, By Industry, and Country, 2023 - 2029 |
| 9.5. Europe Cargo Inspection Market Dynamics - Trends |
| 10. Asia-Pacific Cargo Inspection Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Software |
| 10.1.2. Hardware |
| 10.1.3. Services |
| 10.2. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Mining Industry |
| 10.2.2. Oil & Gas Industry |
| 10.2.3. Agriculture |
| 10.2.4. Others |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. China |
| 10.3.2. India |
| 10.3.3. Japan |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Cargo Inspection Market - Opportunity Analysis Index, By Component, By Industry, and Country, 2023 - 2029 |
| 10.5. Asia-Pacific Cargo Inspection Market Dynamics - Trends |
| 11. Latin America Cargo Inspection Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Software |
| 11.1.2. Hardware |
| 11.1.3. Services |
| 11.2. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Mining Industry |
| 11.2.2. Oil & Gas Industry |
| 11.2.3. Agriculture |
| 11.2.4. Others |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Cargo Inspection Market - Opportunity Analysis Index, By Component, By Industry, and Country, 2023 - 2029 |
| 11.5. Latin America Cargo Inspection Market Dynamics - Trends |
| 12. Middle East and Africa Cargo Inspection Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. Component Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Software |
| 12.1.2. Hardware |
| 12.1.3. Services |
| 12.2. Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Mining Industry |
| 12.2.2. Oil & Gas Industry |
| 12.2.3. Agriculture |
| 12.2.4. Others |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Cargo Inspection Market - Opportunity Analysis Index, By Component, By Industry and Country, 2023 - 2029 |
| 12.5. MEA Cargo Inspection Market Dynamics - Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Intertek Group PLC |
| 13.2.2. SGS |
| 13.2.3. Bureau Veritas |
| 13.2.4. Qima |
| 13.2.5. Cargo Inspections Group |
| 13.2.6. Leidos |
| 13.2.7. Varex Imaging |
| 13.2.8. Cotecna SA |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
- Intertek Group PLC
- SGS
- Bureau Veritas
- Qima
- Cargo Inspections Group
- Leidos
- Varex Imaging
- Cotecna SA