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Weigh-In-Motion System Market

Weigh-In-Motion System Market

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SKU ID :
GIR-15335570

Publishing Date:
26-Feb-2020

No. of pages:
325

Price

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The weigh-in-motion system market is estimated to grow at a CAGR 7.48% rate during the forecast period. Factors such as the growing traffic congestion, increasing public-private partnerships (PPPs) & government focus towards intelligent transportation system (ITS) and economic system compared with static weigh system are projected to drive the market.

Highway toll segment is estimated to be the largest. Most of the highway tolls are equipped with high-speed weigh-in-motion systems as they help in detecting overweight vehicles without hampering the traffic flow. However, regions such as Asia Pacific and North America are equipped with low-speed weigh-in-motion systems because of its low cost and regulatory issues. On the other hand, highway tolls in Europe are equipped with high-speed weigh-in-motion systems due to increasing freight traffic and free movement of goods across the European countries. The highway toll segment is expected to dominate the market during the forecast period. Weigh-in-motion systems are mostly used in highway tolls to reduce traffic congestion and detect overweight vehicles.

Hardware segment is expected to be the largest segment. The hardware segment comprises several sensors and controllers. These sensors are used to collect information regarding vehicle characteristics. On the other hand, a controller processes the traffic and other related information collected by the sensors and stores it in the data warehouse. The hardware segment is estimated to dominate the market during the forecast period. The hardware market is dominated by the European region, followed by North America as of 2019.

Asia Pacific is expected to the fastest growing market. The Asia Pacific WIM system market is estimated to be the fastest growing market because of increasing investments in intelligent transportation system, smart traffic management, and smart cities, especially in China and India. Moreover, increasing vehicle sales and increasing import/export in the region are also expected to drive the market for weigh-in-motion system. Presently, the low-speed weigh-in-motion system dominates the Asia Pacific market. However, by the end of 2026, a high-speed WIM system is expected to have a decent market share.

Key Market Players Kapsch TrafficCom (Austria), Q-Free (Norway), METTLER TOLEDO (US), Avery Weigh-Tronix (Illinois Tool Works) (US), TE Connectivity (Switzerland), International Road Dynamics (Quarterhill) (US), Kistler (Switzerland), TransCore (Roper Technologies) (US), Axis Communications (Sweden), and EFKON (Austria).

Key Questions Addressed by the Report

  • Which type of a weigh-in-motion system is preferred, and which type will dominate in the future?
  • When is the onboard WIM system likely to have a mass adoption rate?
  • How are industry players addressing the challenge of data fusion and accuracy of the WIM system?
  • What are the key opportunities for WIM system suppliers during the forecast period?
  • Which end-use industry will dominate the market in the coming years?

1.Introduction

Market Definition

Study Scope

Study Period

Stakeholders

2. Research Methodology

Secondary Research

Primary Research

Research Design

Data Validation

Limitation and Assumptions

3. Executive Overview

4. Market Overview

Drivers

Restraints   

Opportunities

Challenges

5. Weigh-In-Motion System Market, By End Use Industry

Oil & Refinery

Highway Toll

Logistics

Others

6. Weigh-In-Motion System Market, By Component

Hardware

Software & Services

7. Weigh-In-Motion System Market, By Vehicle Speed

Low-Speed

High-Speed

8. Weigh-In-Motion System Market, By Function

Axle Counting

Weight-Based Toll Collection

Vehicle Profiling

Weight Enforcement

Traffic Data Collection

9. Weigh-In-Motion System Market, By Type

In-Road System

Weigh Bridge System

Onboard System

10. Weigh-In-Motion System Market, By Sensor Type

Piezoelectric Sensor

Inductive Loop

Acoustic Sensor

Radar Sensor

Thermal Sensor

Image Sensor

Bending Plate

Magnetic Sensor

Infrared Sensor

LiDAR Sensor

11. Weigh-In-Motion System Market, By Region

North America

     US

     Canada

Europe

     UK

     Germany

     Spain

     France

     Turkey

     Rest of Europe

Asia Pacific

     China 

     Japan

     South Korea

     India 

     Australia

     Rest of APAC

Middle East

     UAE

     Saudi Arabia

     Rest of Middle East

Rest of the World

      Latin America

      Africa

12. Company Profiles

Q-Free

Avery Weigh-Tronix (Illinois Tool Works)

International Road Dynamics (Quarterhill)

Transcore (Roper Technologies)

Efkon

Kapsch Trafficcom

METTLER TOLEDO

TE Connectivity

Kistler

Axis Communications

13. Appendix

About

Abbreviations

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