Weigh in Motion Market Share and Growth Factors Impact Analysis 2018 – 2028
Weigh in motion (WIM) devices are specifically designed equipment to record the truck axle & gross vehicle weights as they drive over a measuring site or a sensor. The existing weigh in motion systems are witnessing an increasing traction over the conventional static weigh stations, as they don’t require the vehicle to stop, which make them a more efficient option. Numerous benefits of weigh in motion systems, such as reduced overload vehicles, easy access to busy parts of the city, reduced road deterioration and increased road safety, have fueled their adoption in recent years. These factors pushed the weigh in motion market to value roughly US$ 572 Million in 2018.
Get Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=5375
Weigh in Motion Market – Competitive Landscape
In April 2019, Kapsch TrafficCom along with its partner EVOCON received a contract to provide EcoTrafiXTM, a comprehensive urban mobility management solution for Santo Domingo, Dominican Republic. This contract will enhance Kapsch TrafficCom’s urban mobility management footprint across the Latin-American region.
In January 2019, a leading player in weigh in motion market, Kistler Group, announced the strategic acquisition of the Chemnitz-based software developer AMS. Acquisition of AMS will reinforce the Kistler Group's digital transformation.
Established in 1892 & based in Vienna, Austria, the company is a subsidiary of KAPSCH-Group Beteiligungs GmbH. Kapsch TrafficCom AG provides intelligent transportation systems (ITS) globally, and operates across Intelligent Mobility Solutions and Electronic Toll Collection (ETC) segments.
Founded in 1980 and headquartered in Pins-Justaret, France, Sterela SAS operates through various sectors, including electronics, weigh in motion (WIM), robotics, aerospace test tools, and analysis of road traffic, smart parking management, and live-fire military training targets. The company serves customers worldwide.
Founded in 1959 & headquartered in Winterthur, Kistler Group is an internationally active Swiss group of companies that specializes in the field of measurement technology. The group manufactures, develops, and distributes torque, pressure, force, and acceleration sensors and software and electronics. Kistler holds expertise in piezoelectric & piezoresistive measurement technology.
Founded in 1969 & based in Wattens, Austria, SWARCO has many plants in several parts of the world. The company through its subsidiaries, designs, manufactures, sells, installs, & maintains products and systems for traffic management & road safety applications across Austria and internationally.
International Road Dynamics Inc.
Established in 1980 & headquartered in Saskatoon, Canada, International Road Dynamics Inc. operates as a highway traffic management technology company worldwide. The product offerings of this company include automated truck weigh station systems, toll road equipment and systems, advanced traffic safety systems, vehicle & axle detection equipment, among others.
Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=5375
Weigh in Motion Market Dynamics
Upward Demand for Advanced Traffic Congestion Solutions Underpinning Gains in Weigh in Motion Market
Growing concerns pertaining to increasing traffic congestion, traffic accidents, and deterioration of the environment caused by expanding population in line with rising car ownership have necessitated the adoption of advanced traffic congestion solutions. As weigh in motion equipment and systems provide highly flexible traffic monitoring options, and can classify vehicles and also determine their compliance with existing weight standards, their adoption is growing significantly.
New Trends in Weigh in Motion Market Creating Growth Opportunities for Stakeholders
The weigh in motion market is witnessing numerous significant trends, such as growing government creativity towards intelligent transportation infrastructure, rise in public-private partnerships (PPPS) and accelerating market for smart transportation. Consequently, companies operating in weigh in motion market are incorporating technology to develop in-trend equipment and systems to appeal to a wider target audience. With companies gravitating towards adoption of advanced technology in the manufacturing processes, the weigh in motion market is anticipated to witness positive changes in the forthcoming years.
High Adoption of Sensors Accelerating Weigh in Motion Market for Hardware
Growing adoption of image sensors for vehicle detection & identification coupled with rising demand for inductive loops in modern traffic signal control systems are driving weigh in motion market for hardware. Inductive loop is witnessing a proliferating demand for intelligent transportation system & weight enforcement applications as it complies with stringent vehicle flow error specifications, and provide high accuracy in vehicle counting. Furthermore, inductive loops are also being used in tandem with diverse sensor technologies, including cameras, for higher efficiency. These factors are driving the demand for sensors, which in turn is fueling growth in weigh in motion market for hardware.
Weigh in Motion Market Segmentation
Based on component, the weigh in motion market is segmented into:
Software & Services
Based on application, the weigh in motion market is segmented into:
Weight-Based Toll Collection
Traffic Data Collection
About TMR Research:
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Weigh in Motion Market Share and Growth Factors Impact Analysis 2018 – 2028 here
News-ID: 1771265 • Views: 136
More Releases from TMR Research
Power Uprates Market Scope and Opportunities Analysis 2017 – 2025 | Lightbridg …
Global Power Uprates Market : Snapshot With escalating population across the world and rapid urbanization in several emerging economies, the demand for power it at an all-time peak. In this scenario, it becomes essential to increase the efficiency of each nuclear power plant. Power uprate is the technique with which not only the maximum heat output can be achieved, it does to in accordance to the plant safety. Get Sample Copy of
IoT Cloud Platform Market Segmentation Detailed Study with Forecast to 2025 | Se …
Global IoT cloud Platform Market: Snapshot The Internet of Things has emerged as a prominent platform for data and information sharing in the IT world. Within a short period of time it has gained popularity and is being used by a large population base. The inter-networking of physical devices, buildings, vehicles, and other items that have been integrated with network connectivity, actuators, software, sensors, and electronics, allowing the objects to accumulate
Smart Advisors Market Latest Trends and Future Growth Study by 2025 | IBM Watson
Global Smart Advisors Market: Snapshot There has been a significant rise in demand for demand for wealth advisory across the globe over the past few years, chiefly owing to the rising wealth of the affluent upper-middle class in emerging economies and the substantial increase in the number of high-net-worth individuals (HNWIs) globally. While financial advisory firms across the globe position themselves to benefit from the vast rise in growth opportunities, a
Cloud Computing in Education Market Share and Growth Factors Impact Analysis 201 …
Global Cloud Computing in Education Market: Snapshot As the rapidly expanding education sector faces sustainability issues and budget restrictions, cloud computing is increasingly being seen as one approach to relieve these pressures. As capacity requirements of an educational institution begin to fluctuate and as new services and applications become available, the association with cloud allows institutions to meet the needs of their constituents in a cost effective and quick manner. As
More Releases for Weigh
Global Weigh in Motion Market Size, Status and Forecast
Weigh-in-motion or weighing-in-motion (WIM) devices are designed to capture and record the axle weights and gross vehicle weights as vehicles drive over a measurement site. China, Japan, and Australia are increasingly taking initiatives such as investing heavily in intelligent transportation systems, which is expected to boost the demand for weigh in motion in the near future. In 2017, the global Weigh in Motion market size was xx million US$ and
Latest research on Belt Weigher Market With top key players: Siemens, Thermo Sci …
UpMarketResearch offers a latest published report on “Global Belt Weigher Market Research Report 2019” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Request Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/62120 Belt Weigher Market research report delivers a close watch on leading competitors
Analytical Balances Market 2017 : Adam Equipment, OHAUS, American Weigh, MyWeigh
Bigmarketresearch added Most up-to-date research on "Global Analytical Balances Market Research Report 2017" to its huge collection of research reports. In this report, the global Analytical Balances market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Request sample report @ http://bit.ly/2obiMF5 Global Analytical Balances market competition by top manufacturers,
The market event that defined 2013. 12 experts weigh in
As 2013 comes to an end, our minds turn (as usual) to trading. In fact, we never stop thinking about the markets. This time we shared our fascination and asked a dozen people in the Canadian trading and investing scene what they thought was the seismic event of the year. And voila! The market event that defined 2013. 12 experts weigh in. https://community.questrade.com/b/insiders/archive/2013/12/19/year-in-review-what-market-event-defined-2013-12-experts-weigh-in.aspx Our opinion-makers are as varied as the markets
Fischbein’s New GWS E300™ Electronic Gross Weigh Scale
STATESVILLE, N.C. – Fischbein’s new GWS E300 gross weigh scale is ideal for bagging operations that require a low cost, accurate electronic scale that weighs free-flowing granular products such as grain, seed, lentils, dry feeds, pellets and rice. This precision scale will process 110 pound weighments at a rate up to 8 bags per minute with an accuracy of +/- 1.4 ounces. Fast, accurate and easy to use, the GWS E300
Top Reviewers Weigh-in To Support Lantin’s New Novel
“Come Here…and I’ll Show You’ has been published for only 3 months, yet it is already receiving rave reviews from international literary critics. With over ten top reviews on Amazon, plus reviews on literary sites such as ‘Ezine’ and ‘Lunch’ it is small wonder that the book is already heading towards the best sellers lists. Come here…and I’ll Show You” is adventure novel that takes readers for a wild ride through