Global Pre-Shipment Inspection Market Trajectory & Analytics Report 2021 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 20, 2021--
The “Pre-Shipment Inspection - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Global Pre-Shipment Inspection Market to Reach $17.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Pre-Shipment Inspection estimated at US$12.3 Billion in the year 2020, is projected to reach a revised size of US$17.1 Billion by 2027, growing at a CAGR of 4.8% over the period 2020-2027.
In-House, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$11.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Outsourced segment is readjusted to a revised 5.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 7.8% CAGR
The Pre-Shipment Inspection market in the U.S. is estimated at US$3.3 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2027 trailing a CAGR of 7.7% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.
Select Competitors (Total 36 Featured):
- AIM Control Group
- ALS Limited
- Asia Quality Focus
- Bureau Veritas
- Cayley Aerospace
- CIS Commodity Inspection Services
- Cotecna Inspection SA
- DNV GL AS
- Eurofins Scientific
- Guangdong Inspection
- Intertek Group plc
- TUV Nord Group
- TUV Rheinland
- TUV SUD
For more information about this report visit https://www.researchandmarkets.com/r/e63s4v
View source version on businesswire.com:https://www.businesswire.com/news/home/20210820005204/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT
SOURCE: Research and Markets
Copyright Business Wire 2021.
PUB: 08/20/2021 08:41 AM/DISC: 08/20/2021 08:41 AM