Weigh in Motion System Market

Weigh in Motion System Market Outlook

The weigh in motion system market is expected to expand its roots in the global market at a moderate CAGR of 10.3% during the forecast period. The global market holds an estimated revenue of USD 1.04 Billion in 2022 and is likely to cross USD 2.55 Billion by the end of 2032.

The weigh in motion system market is anticipated to show promising growth prospects during the forecast period, expanding the Weigh in motion system market size.

Attributes	Details
CAGR (2022 to 2032)	10.3%
Value (2022)	USD 1.04 Billion
Value (2032)	USD 2.55 Billion

Used in recording, measuring, and analyzing the weight of moving vehicles, weigh in motion system is expanding its market through supply chain enlargement and distribution channels. It is used in road traffic administrations, control agencies, bridge designers, and research and development units.

Anything that includes weighing the moving object is measured through these systems, fueling the sales of weigh in motion systems. The most important application of weigh in motion system is analyzing the moving object’s characteristics like gross vehicle weight (GVW), axle weight, speed, and axle spacing, thriving the demand for weigh in motion system.

Increasing commercial transportation requirements are also pushing the sales of weigh in motion system in new market spaces.

What are the Key Drivers and Restraints to the Weigh in Motion System Market?

The benefits of weigh in motion system include providing road safety, road management, overload vehicles detection, cost reduction, traffic monitoring, and analysis. The weigh in motion system enables the local authorities and transportation departments to plan systematically by ensuring that the roads are kept safe with continuous monitoring, recording, and law enforcement techniques, pushing the sales of weigh in motion systems.

Weigh in motion system has applications in rail transport also. Some of those applications are imbalance and overload monitoring and management, maintenance planning, legislation, regulation, etc. These are the factors projected to drive the growth in demand for weigh in motion system.

However, high initial investments and restrictive installation stipulations of nonintrusive sensor requirements are the factors expected to hamper the growth in Weigh in Motion system market. By virtue of industrial developments, commercial heavy vehicle transport is increasing at a significant pace. To control the traffic and monitor the implementation of regulations, the installation of weigh in motion system is required.

With technological advancements, the manufacturers are focusing on developments in order to achieve a maximum share in the global Weigh in Motion system market. Strain gauge sensor, fibre optics sensor, and fibre Bragg grating sensor-based weigh in motion system are being developed for improved performance. This pushes the sales of weigh in motion systems worldwide.

Which is the Key Weigh in Motion System Market?

North America is projected to account for the largest share in the global weigh in motion system market, followed by Europe. The USA and Canada are major markets for weigh in motion system in North America. The growth in this region is attributed to an increase in adoption of weigh in motion system along with rise in adoption of advanced technology.

Europe is anticipated to have a prominent share in the global weigh in motion market in the forecast period owing to the increased freight transport and free movement of goods between the European countries, fuelling the sales of weigh in motion systems.

The market for weigh in motion system in Asia Pacific region is estimated to be the fastest growing market by virtue of increasing investments in smart traffic management, intelligent transportation system, and smart cities, especially in China and India.

Which are the Key Competitors of Weigh in Motion System Market?

The key players of the weigh in motion system market are focusing on mergers and collaborations that are fueling the sales of weigh in motion system.

Key players in the weigh in motion system market include Kapsch TrafficCom AG, Q-free, Mettler Toledo, Avery Weigh – Tronix, TE Connectivity, International Road Dynamics, Kistler, Transcore Reno A&E, Axis Communications, EFKON, International Road Dynamics Inc, SWARCO AG, FLIR Systems, Raytheon Company, Sensys Networks Inc, LeddarTech Inc, Crooss Zlin, and SICK AG.

Recent Market Development

• Kapsch trafficCom AG has introduced its new program under which it is installing weigh in motion systems at four different regions that will measure the weight while vehicles move at their optimum speed, fuelling the sales of weigh in motion systems.
• Q-free has launched its upgraded weigh-in-motion systems, providing sustainability, increasing efficiency and better accuracy. This pushes the sales of weigh in motion system.

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 10.3% from 2022 to 2032
Base year for estimation	2021
Historical data	2015 to 2020
Forecast period	2022 to 2032
Quantitative units	Revenue in USD Million and CAGR from 2022 to 2032
Report coverage	Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis
Segments covered	Component, Technology, Installation, End User, Application Speed, Region
Regional scope	North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia and New Zealand
Country scope	USA., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa
Key companies profiled	Kapsch TrafficCom AG; Q-free, Mettler Toledo; Avery Weigh - Tronix; TE Connectivity; International Road Dynamics; Kistler; Transcore Reno A&E; Axis Communications; EFKON; International Road Dynamics Inc; SWARCO AG; FLIR Systems; Raytheon Company; Sensys Networks Inc; LeddarTech Inc; Crooss Zlin; SICK AG
Customization scope	Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs.

Key Segments

By Component:

• Hardware
• Sensor Array
• Control & Measurement Systems
• Processing & Reporting Systems
• Support Devices & Infrastructure
• Software

By Technology:

• Load Cell
• Strain Gauge Strip
• Bending Plate
• Piezoelectric Sensor

By Installation:

• Weigh Bridge System
• Onboard System
• Pavement/In-road System

By End User:

• Roadways
• Railways
• Ports & Logistic Hubs
• Process Industries
• Aviation

By Application Speed:

• Low Speed (<15 Km/hr)
• High Speed (>15 km/hr)

By Region:

• North America
• Latin America
• Asia Pacific
• Middle East and Africa
• Europe

Frequently Asked Questions

What Region is the biggest market for the Weigh in motion system Market?

North America is the biggest market in the weigh in motion system market.

Who are the Key Players in the Weigh in Motion System Market?

Key competitors holding substantial Weigh in motion system market share include Kapsch TrafficCom AG, Q-free, Mettler Toledo, Avery Weigh – Tronix, TE Connectivity, International Road Dynamics, Kistler, Transcore Reno A&E, Axis Communications, EFKON, International Road Dynamics Inc, SWARCO AG, FLIR Systems, Raytheon Company, Sensys Networks Inc, LeddarTech Inc, Crooss Zlin, and SICK AG.

Which is the Key Driver in the Weigh in Motion System Market?

Demand for Weigh in motion system is likely to increase with the high demand from highway-road construction industry. Growing industries are also speeding up the sales of weigh in motion system in new markets.