Weigh in Motion Market Expected to Grow at 875.7 Million In Revenue by 2023

ReportsnReports offers a Global report on "Weigh in Motion (WIM) Market" delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 141 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

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The Weigh in Motion (WIM) Market is expected to grow at a CAGR of 8.88% between 2018 and 2023 to reach USD 875.7 Million by 2023 from USD 572.2 Million in 2018. This report spread across 141 pages, profiling 10 companies and supported with 61 tables and 43 figures are now available in this research.

Top Companies Profiled in the Weigh in Motion Market:
o Kapsch TrafficCom (Austria)
o Q-Free (Norway)
o International Road Dynamics (Canada)
o Kistler (Switzerland)
o SWARCO (Austria)
o FLIR Systems (US)
o TE Connectivity (Switzerland)
o Siemens (Germany)
o Axis Communication (Sweden)
o Raytheon (US)

"Hardware component segment expected to lead the market during the forecast period"
The weigh in motion hardware system makes use of several sensors and controllers to collect and transmit traffic data to the weigh in motion station. As weigh in motion site makes use of several sensors and other related hardware components, the market for hardware components is expected to hold the largest share during the forecast period.

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"Market for controllers expected to grow at the highest CAGR during the forecast period"
The vehicle and other traffic-related information collected by sensors are fed to the weigh in motion controllers. Controller produces a daily data file that contains individual vehicle records and the file is automatically downloaded at the main controlling center that tracks and analyzes the collected data on a regular basis.

"Market in APAC expected to witness significant growth during the forecast period"
The weigh in motion market in APAC is expected to grow at the highest CAGR during the forecast period. Various countries in APAC, such as China, Japan, and Australia, have started recognizing traffic solution using WIM systems and traffic sensors to curb issues such as traffic congestion, automated toll, vehicle detection, traffic control, and traffic management.

Breakdown of primary participants' profile:
1. By Company Type: Tier 1=30%, Tier 2=45%, and Tier 3= 25%
2. By Designation: C-Level Executives =35%, Directors =45%, and Others= 20%
3. By Region: North America=50%, Europe=30%, APAC=10%, South America = 5%, and Middle East & Africa = 5%.

Competitive Landscape of Weigh in Motion Market:
1 Overview
2 Ranking of Players, 2017
3 Competitive Scenario
3.1 Product Launches
3.2 Partnerships/Agreements/Collaborations/Contracts
3.3 Mergers & Acquisitions
3.4 Expansions

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List of Tables:
Table 1 Weigh in Motion Market, By Component, 2015-2023 (USD Million)
Table 2 Weigh in Motion Market, By Hardware, 2015-2023 (USD Million)
Table 3 Weigh in Motion Market, By Hardware, 2015-2023 (Million Units)
Table 4 Weigh in Motion Market for Hardware, By Application, 2015-2023 (USD Million)
Table 5 Weigh in Motion Market for Hardware, By Region, 2015-2023 (USD Million)
Table 6 Weigh in Motion Market for Hardware, By Sensor Type, 2015-2023 (USD Million)
Table 7 Weigh in Motion Sensor Market, By Region, 2015-2023 (USD Million)
Table 8 Weigh in Motion Market for Piezoelectric Sensor, By Region, 2015-2023 (USD Million)
Table 9 Weigh in Motion Market for Piezoelectric Sensor, By Type, 2015-2023 (USD Million)
Table 10 Weigh in Motion Market for Piezoelectric Ceramic Sensor, By Region, 2015-2023 (USD Million)
Table 11 Weigh in Motion Market for Piezoelectric Quartz Sensor, By Region, 2015-2023 (USD Million)
Table 12 Weigh in Motion Market for Bending Plate, By Region, 2015-2023 (USD Million)
Table 13 Weigh in Motion Market for Inductive Loop, By Region, 2015-2023 (USD Million)
Table 14 Weigh in Motion Market for Magnetic Sensor, By Region, 2015-2023 (USD Million)
Table 15 Weigh in Motion Market for Acoustic Sensor, By Region, 2015-2023 (USD Million)
....and More

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