Weigh-In-Motion System Market - By System Type (In-road, Bridge Weigh, Onboard), By Component (Hardware, Software & Services), By End Use Industry (Highway Toll, Oil & Refinery, Logistics, Others) And By Region (North America, Asia Pacific, Europe, Middle East & Africa and Latin America) - Industry Analysis, opportunity and Forecast 2020 To 2027
Published Date: May 2021
No. of Pages: 185
Status: Published
Report Code: ARI100618
Incorporation of sensors and technologies across a wide range of surfaces including pavements, bridges, and road among others further expands the industry share. The advent of weigh in motion scale with incorporation of advanced Mettler Toledo quartz piezo sensors and load cell platforms for facilitating accurate weighing of vehicles further supports the weigh in motion systems market expansion. The continuous data processing capabilities along with elimination of inherent data bias in static weighing operations are providing a positive outlook for the weigh in motion market share.
The integration of appropriate hardware and software technologies for processing and analysing real-time data play an important role in expanding the market share over the forecast timeframe. Few of the major software include WIMenforce, WIMplan, WIMvirtual. These software assists in multiple operations including data collection, interpretation, and monitoring of commercial vehicle traffic.
Technological advancements in weigh-in-motion systems are expected to significantly boost the weigh in motion systems market share over the projected timeframe. For instance, in 2014, Applied Traffic launched its portable WIM weighbridge, with the capability to be fitted in vehicles. Additionally, the system includes Bluetooth technologies with the ability to weigh up to 16 axles at any one time of around 30t per axle.
The complex internal mechanism of the weigh in motion systems along with susceptibility to damage from electromagnetic transients may hamper the weigh in motion systems market share over the projected timeframe. Additionally, the reduced information interpreted by such systems including model year, fuel type, and state registry among others may further limit its usage. However, the incorporation of advanced sensors and software are playing a major role in minimizing the system shortcomings and expand the industry share.
Some of the key players in the weigh-in-motion system market are 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).
Analyst Commentary
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 weigh-in-motion system market during the forecast period. Weigh-in-motion systems are mostly used in highway tolls to reduce traffic congestion and detect overweight vehicles.
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 weigh-in-motion system market during the forecast period. The hardware market is dominated by the European region, followed by North America as of 2020.
Segmentation
The weigh-in-motion system market is segmented based on system type, component, end use industry and region. On the basis of system type the market is segmented into In-road, Bridge Weigh, Onboard. Based on component the market is segmented into Hardware, Software & Services. Based on end use industry the market is segmented into Highway Toll, Oil & Refinery, Logistics, Others.
Regional Analysis
In terms of region, the global weigh in motion systems market can be segmented into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is projected to account for the largest share of the global weigh in motion systems market during the forecast period, followed by Europe. Canada and the U.S. are the major markets for weigh in motion systems in North America.
Growth of the weigh in motion systems market in the region is attributed to increase in adoption of weigh in motion systems in the U.S. and Canada. Rise in adoption of advanced technology in these countries also contributes to the growth of the North America market. Increasing expansion of the key players in Europe drives the weigh in motion systems market in the region.
The weigh in motion systems market in Asia Pacific is expected to grow at a rapid pace during the forecast period. Countries such as Japan, South Korea, India, Malaysia, Australia, China, and Singapore are the major markets for weigh in motion systems in the region. This is primarily due to initiatives taken by governments of these countries to support the infrastructure development and its maintenance.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data sources
2.3.1. Secondary Sources
2.3.1.1. Preliminary data mining
2.3.2. Primary Sources
2.3.2.1. Statistical Model
2.3.2.2. Data Triangulation
2.3.2.3. Research Objective
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. xx
3.3. Market drivers
3.3.1. Impact analysis of Market Drivers
3.4. Market restraints
3.4.1. Impact analysis of Market Restraints
3.5. Market opportunities
3.5.1. Impact analysis of Market Opportunities
3.6. Market Challenges
3.6.1. Impact analysis of Market Trends
3.7. Porter’s Five Forces’ analysis
3.7.1. Bargaining Power of Suppliers
3.7.2. Bargaining Power of Buyers
3.7.3. Threat of New Entrant
3.7.4. Threat of Substitutes
3.7.5. High Competitive Rivalry
3.8. Value chain analysis
Chapter 4. COVID-19 Impact On Weigh-in-motion system Market
Chapter 5. Global Weigh-in-motion system Market Overview, By Component, 2015 - 2027(USD Million)
5.1. Global Weigh-in-motion system Market Share, By Component, 2015 - 2027 (USD Million)
5.1.1. Hardware
5.1.1.1. Market Type and Projections,2015 - 2027 (USD Million)
5.1.1.2. Market Type and Projections, by Region, 2015 - 2027 (USD Million)
5.1.2. Software & Services
5.1.2.1. Market Type and Projections,2015 - 2027 (USD Million)
5.1.2.2. Market Type and Projections, by Region, 2015 - 2027 (USD Million)
Chapter 6. Global Weigh-in-motion system Market Overview, By Geography, 2015 - 2027(USD Million)
6.1. Global Weigh-in-motion system Market Share, By Geography, 2015 - 2027(USD Million)
6.1.1. Market Type and projections, by Countries, 2015 - 2027 (USD Million)
6.1.2. Market Share and CAGR Comparison, by Countries, 2020 - 2027 (%)
Chapter 7. North America Weigh-in-motion system Market Overview, By Countries, 2015 - 2027(USD Million)
7.1. North America Weigh-in-motion system Market Overview, 2015 - 2027 (USD Million)
7.1.1. Market Type and projections, 2015 - 2027 (USD Million)
7.1.2. North America Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
7.1.3. North America Weigh-in-motion system Market Overview, By Countries, 2015 - 2027 (USD Million)
7.1.3.1. U.S. Weigh-in-motion system Market Overview, 2015 - 2027 (USD Million)
7.1.3.1.1. Market Type and projections, 2015 - 2027 (USD Million)
7.1.3.1.2. U.S. Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
7.1.3.2. Canada Weigh-in-motion system Market Overview, 2015 - 2027 (USD Million)
7.1.3.2.1. Market Type and projections, 2015 - 2027 (USD Million)
7.1.3.2.2. Canada Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
7.1.3.3. Mexico Weigh-in-motion system Market Overview, 2015 - 2027 (USD Million)
7.1.3.3.1. Market Type and projections, 2015 - 2027 (USD Million)
7.1.3.3.2. Mexico Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
Chapter 8. Europe Weigh-in-motion system Market Overview, By Countries, 2015 - 2027(USD Million)
8.1. Europe Weigh-in-motion system Market Overview, 2015 - 2027 (USD Million)
8.1.1. Market Type and projections, 2015 - 2027 (USD Million)
8.1.2. Europe Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
8.1.3. Europe Weigh-in-motion system Market Overview, By Countries, 2015 - 2027 (USD Million)
8.1.3.1. Germany
8.1.3.1.1. Market Type and projections, 2015 - 2027 (USD Million)
8.1.3.1.2. Germany Weigh-in-motion system Market Overview, By Component, 2015 - 2027(USD Million)
8.1.3.2. France
8.1.3.2.1. Market Type and projections, 2015 - 2027 (USD Million)
8.1.3.2.2. France Weigh-in-motion system Market Overview, By Component, 2015 - 2027(USD Million)
8.1.3.3. UK
8.1.3.3.1. Market Type and projections, 2015 - 2027 (USD Million)
8.1.3.3.2. UK Weigh-in-motion system Market Overview, By Component, 2015 - 2027(USD Million)
8.1.3.4. Italy
8.1.3.4.1. Market Type and projections, 2015 - 2027 (USD Million)
8.1.3.4.2. Italy Weigh-in-motion system Market Overview, By Component 2015 - 2027(USD Million)
8.1.3.5. Spain
8.1.3.5.1. Market Type and projections, 2015 - 2027 (USD Million)
8.1.3.5.2. Spain Weigh-in-motion system Market Overview, By Component, 2015 - 2027(USD Million)
8.1.3.6. Rest of Europe
8.1.3.6.1. Market Type and projections, 2015 – 2027
8.1.3.6.2. Rest of Europe Weigh-in-motion system Market Overview, By Component, 2015 - 2027(USD Million)
Chapter 9. Asia Pacific Weigh-in-motion system Market Overview, By Countries, 2015 - 2027 (USD Million)
9.1. Asia Pacific Weigh-in-motion system Market Overview, 2015 - 2027 (USD Million)
9.1.1. Market Type and projections, 2015 - 2027 (USD Million)
9.1.2. Asia Pacific Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
9.1.3. Asia Pacific Weigh-in-motion system Market Overview, By Countries, 2015 - 2027 (USD Million)
9.1.3.1. India
9.1.3.1.1. Market Type and projections, 2015 - 2027 (USD Million)
9.1.3.1.2. India Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
9.1.3.1.3. Other Segments
9.1.3.2. China
9.1.3.2.1. Market Type and projections, 2015 - 2027(USD Million)
9.1.3.2.2. China Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
9.1.3.3. Japan
9.1.3.3.1. Market Type and projections, 2015 - 2027 (USD Million)
9.1.3.3.2. Japan Weigh-in-motion system Market Overview, By Component, 2015 - 2027(USD Million)
9.1.3.4. South Korea
9.1.3.4.1. Market Type and projections, 2015 - 2027(USD Million)
9.1.3.4.2. South Korea Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
9.1.3.5. Rest of Asia Pacific
9.1.3.5.1. Market Type and projections, 2015 - 2027 (USD Million)
9.1.3.5.2. Rest of Asia Pacific Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
Chapter 10. Middle East & Africa Weigh-in-motion system Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1. Middle East & Africa Weigh-in-motion system Market Overview, 2015 - 2027 (USD Million)
10.1.1. Market Type and projections, 2015 - 2027 (USD Million)
10.1.2. Middle East & Africa Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
10.1.3. Middle East & Africa Weigh-in-motion system Market Overview, By Countries, 2015 - 2027 (USD Million)
10.1.3.1. GCC
10.1.3.1.1. Market Type and projections, 2015 - 2027 (USD Million)
10.1.3.1.2. GCC Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
10.1.3.2. South Africa
10.1.3.2.1. Market Type and projections, 2015 - 2027 (USD Million)
10.1.3.2.2. South Africa Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
10.1.3.3. Rest of Middle East & Africa
10.1.3.3.1. Market Type and projections, 2015 - 2027 (USD Million)
10.1.3.3.2. Rest of Middle East & Africa Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
Chapter 11. South America Weigh-in-motion system Market Overview, By Countries, 2015 - 2027 (USD Million)
11.1. South America Weigh-in-motion system Market Overview, 2015 - 2027 (USD Million)
11.1.1. Market Type and projections, 2015 - 2027 (USD Million)
11.1.2. South America Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
11.1.3. South America Weigh-in-motion system Market Overview, By Countries, 2015- 2026 (USD Million)
11.1.4. Brazil
11.1.4.1. Market Type and projections, 2015 - 2027 (USD Million)
11.1.4.2. Brazil Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
11.1.5. Argentina
11.1.5.1. Market Type and projections, 2015 - 2027 (USD Million)
11.1.5.2. Argentina Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
11.1.6. Rest of South America
11.1.6.1. Market Type and projections, 2015 – 2027
11.1.6.2. Rest of South America Weigh-in-motion system Market Overview, By Component, 2015 - 2027 (USD Million)
Chapter 12. Competitive Landscape
12.1. Competitive environment, 2020
12.2. Strategic framework
12.2.1. Partnership/agreement
12.2.2. Expansion
12.2.3. Mergers & Acquisitions
12.2.4. New Offering development
Chapter 13. Key Vendor Analysis
13.1. Kapsch TrafficCom
13.1.1. Company overview
13.1.2. Financial performance
13.1.3. Mice Benchmarking
13.1.4. Recent initiatives
13.1.5. SWOT analysis
13.2. Q-Free
13.2.1. Company overview
13.2.2. Financial performance
13.2.3. Mice Benchmarking
13.2.4. Recent initiatives
13.2.5. SWOT analysis
13.3. METTLER TOLEDO
13.3.1. Company overview
13.3.2. Financial performance
13.3.3. Mice Benchmarking
13.3.4. Recent initiatives
13.4. Avery Weigh-Tronix
13.5. TE CONNECTIVITY
Chapter 14. Weigh-in-motion system Market Cost Analysis
14.1. Weigh-in-motion system Market Key Offering Analysis
14.1.1. Key Offering
14.1.2. Price Trend of Key Raw Material
14.1.3. Key Suppliers
14.1.4. Labor Cost
Chapter 15. Industrial Chain, Sourcing Strategy and Downstream Buyers
15.1. Weigh-in-motion system Market Industrial Chain Analysis
15.2. Upstream Offering Sourcing
15.3. Raw Material Sources of Weigh-in-motion system Market Major Manufacturers in 2021
15.4. Downstream Buyers
Chapter 16. Marketing Strategy Analysis, Distributors/Hardware
16.1. Marketing Channel
16.1.1. Direct Marketing
16.1.2. Indirect Marketing
16.1.3. Marketing Channel Development Trend
16.2. Market Positioning
16.2.1. Pricing Strategy
16.2.2. Brand Strategy
16.2.3. Target Client
16.3. Distributors/Hardware List
Chapter 17. Market Effect Factors Analysis
17.1. Technology Progress/Risk
17.1.1. Substitutes Threat
17.1.2. Technology Progress in Related Type
17.2. Consumer Needs/Customer Preference Change
17.3. Economic/Political Environmental Change
Chapter 18. Future Outlook of the Market
Disclaimer
List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Power of Suppliers
5. Power of Buyers
6. Threat of New Entrants
7. Threat of Substitute
8. Competitive Rivalry
9. Global Weigh-in-motion system Market share, by Product, 2020 & 2027 (%)
10. Global Weigh-in-motion system Market share, by Hardware, by Product, 2015 - 2027 (USD Million)
11. Global Weigh-in-motion system Market share, by Software & Services, by Product, 2015 - 2027 (USD Million)
12. Global Weigh-in-motion system Market share, by region, 2020 & 2027 (%)
13. Global Weigh-in-motion system Market share, by region, 2015 - 2027(USD Million)
14. North America Weigh-in-motion system Market, 2015 - 2027(USD Million)
15. North America Weigh-in-motion system Market share, by Countries, 2020 & 2027 (%)
16. U.S. Weigh-in-motion system Market, 2015 - 2027(USD Million)
17. Canada Weigh-in-motion system Market, 2015 - 2027(USD Million)
18. Europe Weigh-in-motion system Market, 2015 - 2027(USD Million)
19. Europe Weigh-in-motion system Market share, by Countries, 2020 & 2027 (%)
20. Spain Weigh-in-motion system Market, 2015 - 2027(USD Million)
21. UK Weigh-in-motion system Market, 2015 - 2027(USD Million)
22. Italy Weigh-in-motion system Market, 2015 - 2027(USD Million)
23. Germany Weigh-in-motion system Market, 2015 - 2027(USD Million)
24. France Weigh-in-motion system Market, 2015 - 2027(USD Million)
25. Rest of Europe Weigh-in-motion system Market, 2015 - 2027(USD Million)
26. Asia-Pacific Weigh-in-motion system Market, 2015 - 2027(USD Million)
27. Asia-Pacific Weigh-in-motion system Market share, by Countries, 2020 & 2027 (%)
28. China Weigh-in-motion system Market, 2015 - 2027(USD Million)
29. India Weigh-in-motion system Market, 2015 - 2027(USD Million)
30. Australia Weigh-in-motion system Market, 2015 - 2027(USD Million)
31. Japan Weigh-in-motion system Market, 2015 - 2027(USD Million)
32. Rest of Asia-Pacific Weigh-in-motion system Market, 2015 - 2027(USD Million)
33. Middle East & Africa Weigh-in-motion system Market, 2015 - 2027(USD Million)
34. Middle East & Africa Weigh-in-motion system Market share, by Countries, 2020 & 2027 (%)
35. GCC Weigh-in-motion system Market, 2015 - 2027(USD Million)
36. South Africa Weigh-in-motion system Market, 2015 - 2027(USD Million)
37. Rest of Middle East & Africa Weigh-in-motion system Market, 2015 - 2027(USD Million)
38. South America Weigh-in-motion system Market, 2015 - 2027(USD Million)
39. Brazil Weigh-in-motion system Market, 2015 - 2027(USD Million)
40. Mexico Weigh-in-motion system Market, 2015 - 2027(USD Million)
41. Argentina Weigh-in-motion system Market, 2015 - 2027(USD Million)
42. Rest Of South America Weigh-in-motion system Market, 2015 - 2027(USD Million)
List of Tables
1. Impact of Market drivers
2. Impact of Market restraints
3. Global Weigh-in-motion system Market, 2015-2027 (USD Million)
4. Weigh-in-motion system requirement, by country, 2015-2027, (USD Million)
5. North America Weigh-in-motion system Market, by Product, 2015-2027 (USD Million)
6. Europe Weigh-in-motion system Market, by Product, 2015-2027 (USD Million)
7. Asia Pacific Weigh-in-motion system Market, by Product, 2015-2027 (Revenue, USD Million)
8. Middle East & Africa Weigh-in-motion system Market, by Product, 2015-2027 (USD Million)
9. South America Weigh-in-motion system Market, by Product, 2015-2027 (USD Million)
10. Global Weigh-in-motion system Market, Company Market Share, 2020 - 2027 (%)
11. Kapsch TrafficCom : Product Benchmarking
12. Kapsch TrafficCom : Financial Performance
13. Q-Free : Product Benchmarking
14. Q-Free : Financial Performance
15. METTLER TOLEDO : Product Benchmarking
16. METTLER TOLEDO : Financial Performance
17. Avery Weigh-Tronix :Product Benchmarking
18. Avery Weigh-Tronix :Financial Performance
19. TE CONNECTIVITY : Product Benchmarking
20. TE CONNECTIVITY : Financial Performance
The Leading Key Players in Weigh In Motion System Market
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)
EFKON (Austria).
