Weigh-in-motion System Market Size, Share, Trends Analysis, 2032

Weigh-in-motion system Market Insights

According to the report published by Zion Market Research, the global Weigh-in-motion system Market size was valued at USD 1242.97 Million in 2023 and is predicted to reach USD 2998.68 Million by the end of 2032. The market is expected to grow with a CAGR of 10.28% during the forecast period. The report analyzes the global Weigh-in-motion system Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the rising opportunities in the Weigh-in-motion system industry.

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Global Weigh-in-motion System Market: Overview

Weigh-in motion is a system used to measure the axle loads of vehicles, with the help of installed sensors. When vehicles are driving at low or average traffic speeds, weigh-in motion systems can assess & measure load and do not allow the vehicle to stop. It has various benefits such as it provides road safety, road management, overload vehicles enforcement, traffic monitoring, and analysis which in turn increase the need in the market. Its vehicle scale provides gross weights without affecting the flow of traffic due to which they are also used for weight-based toll collection systems.

Further, weigh-in-motion sensing technologies offer broad applications for pavements, bridges, and railways providing improving road safety while reducing accident risk.

Global Weigh-in-motion System Market: Growth Factors

Global rise in government initiatives towards intelligent transportation by various countries like the US, China, Japan, and Europe is the key driving factor for the growth of the weigh-in-motion system market. The surge in the problem of traffic congestion and increasing demand for the Public-Private Partnerships model drives the global weigh-in-motion system market. The overloaded heavy-duty vehicles can lead to damage of road structures which in turn, the motion system helps block the overloaded vehicles and reduce the deterioration of the roads. Further, the growing trend of onboard weigh-in-motion systems to reduce the infrastructure cost required for steady on-ground weigh-in-motion systems by installing the system in the vehicle is expected to boost the demand of the weigh-in-motion system market soon.

However, lack of standardization along with less standardization in traffic management is expected to hamper the growth of the weigh-in-motion system market. This is attributed to variations in communication network standards and protocols according to different regions and countries that limit the market growth. Furthermore, favorable government policies, collaboration with private vendors and increasing investment in developing smart cities offer a lucrative opportunity for the growth of the global weigh-in-motion system market in the forecast period.

During the COVID-19 pandemic, the demand for the global weigh-in-motion system has momentarily decreased due to sudden restrictions on commercial transportation. The sudden outbreak of COVID-19 has affected human life and to control the outbreak, the government has imposed strict regulations. The restriction on movements & lockdown; travel curbs abattoirs, and shutdown of productions directly affected the demand for heavy-duty vehicles. Further, the limitation on personnel movement and a temporary halt on manufacturing units indirectly impact the demand for a weigh-in-motion system. However, the ease in restrictions on non-essential and heavy-duty transportation will propel the demand for the weigh-in-motion system market in the forecast period.

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Global Weigh-in-motion System Market: Segmentation

The global weigh-in-motion system market is distributed based on component, vehicle speed, type, end-use industry, function, and region.

Hardware and software & services are the components of the weigh-in-motion system. The vehicle speed segment is bifurcated into low-speed and high-speed. Based on type, the global weigh-in-motion system market is split into in-road, weigh bridge, and onboard. The end-use industry segment consists of highway toll, oil & refinery, logistics, and other end-use industries. Vehicle profiling, weight-based toll collection, weight enforcement, axle counting, and traffic data collection are functions of the weigh-in-motion system market.

Weigh-in-motion System Market: Report Scope

Global Weigh-in-motion System Market: Regional Analysis

Europe is estimated to hold the highest share in the global weigh-in-motion system market during the forecast period. The favorable government of the region focuses on implementing weigh-in-motion systems across countries such as the UK, Germany, and France to reduce traffic congestion and wear & tear on roads boosting the growth of the weigh-in-motion system market. On the other hand, Asia Pacific is anticipated to grow at a significant rate and is expected to offer opportunities for market growth owing to rising investment in intelligent transportation technology and smart city management.

Global Weigh-in-motion System Market: Competitive Players

The global weigh-in-motion system market is highly fragmented with the presence of several global and domestic players. The leading players are continuously focusing on strategic collaboration with government units and facilitating other effective strategies to advance a competitive edge in the market.

Some of the dominant players that are functioning in the global weigh-in-motion system market include;

• Kapsch TrafficCom
• Q-Free ASA
• METTLER TOLEDO
• Avery Weigh-Tronix
• TransCore International Road Dynamics Inc.
• Kistler Group.
• SWARCO AG
• FLIR Systems, Inc.
• TE Connectivity

The global weigh-in-motion system market is segmented as follows;

By Component 

• Hardware
• Software & Services

By Vehicle Speed 

• Low-Speed
• High-Speed

By Type

• In-Road
• Weigh Bridge
• Onboard

By End-Use Industry

• Highway Toll
• Oil & Refinery
• Logistics
• Others

By Function

• Vehicle Profiling
• Weight-Based Toll Collection
• Weight Enforcement
• Axle Counting
• Traffic Data Collection

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.