Weigh In Motion Market Share 2018 | Key Players - Kapsch TrafficCom AG, International Road Dynamics, Kistler Instruments., SWARCO AG, FLIR Systems, TE Connectivity., Axis Communications AB., Raytheon Company

Market Highlights:

The Global Weigh In Motion Market is expected to reach USD 901.2 Million by 2025, from USD 593.2 Million in 2017 growing at a CAGR of 10.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Weigh in motion is defined as a system which is measured for the axle loads of vehicles, while trucks pass over installed sensors. It is also known as weighing-in-motion (WIM) devices. It has a vehicle scales which provide gross weights without affecting the flow of traffic and a cost-effective means of measuring truck axle. It has various benefits such as it provides road safety, overload vehicles enforcement, road management, cost reduction, traffic monitoring and analysis. The weigh in motion scale is used to collect weigh vehicles, determine vehicle length, traffic counts, weigh individual axles, determine speed and classify vehicles. It is used in many applications in axle counting, weigh enforcement, weight-based toll collection and vehicle profiling and traffic data collection.

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In 2018 Vialtis Sarl launched” new weight in motion system. It helps to improve the safety of the traffic, reducing accident risk and preventing road surface damages.

Furthermore, in 2013, Cardinal Scale Manufacturing Company launched New Weigh-in-Motion Scales Web Site for weigh-in-motion highway systems. It has various features like quartz sensor-based in-motion scales for full highway speed weighing, slow-speed in-motion load-cell based scales, virtual weigh station software, custom systems, optional peripheral equipment and also static scales for commercial weigh stations.

Top Industry Players:
Some of the major players operating in the global weigh in motion market are Kapsch TrafficCom AG, Inc., International Road Dynamics Inc., Kistler Instruments., SWARCO AG, FLIR Systems, Inc., TE Connectivity., Axis Communications AB., Raytheon Company., Siemens Ltd.,, Sensys Networks, Inc., Cross Zlin, Intercomp’, EFKON India Pvt. Ltd, SICK AG., Image Sensing Systems, Inc., Transcore Reno A&E, LeddarTech Inc. and among others.

What our report offers:
• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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Market Segments:

The global weigh in motion market is segmented into component, application and by geography.
• Based on component the market is segmented into hardware and software and services. Hardware is further segmented into sensor and controller.
• On the basis of application the market is classified into axle counting, weigh enforcement, weight-based toll collection and vehicle profiling and traffic data collection.
• Based on geography the market report covers data points for 28 countries across multiple geographies namely north America & south America, Europe, Asia-pacific and, middle east & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, turkey, Russia, china, India, south Korea, japan, Australia, Singapore, Saudi Arabia, south Africa and, brazil among others.

Major Market Drivers:
• Advanced traffic congestion solutions
• Growing demand for real-time information systems
• Decrease in environmental pollution
• Government initiatives toward intelligent transportation infrastructure
• High cost and restrictive installation requirements of nonintrusive sensors
• Slow growth in infrastructure sector.

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