openPR Logo
Press release

Weigh-In-Motion System Market Insights| Key Players: Kapsch TrafficCom (Austria), Q-Free ASA (Norway), International Road Dynamics (Canada), METTLER TOLEDO (US), and TransCore (US).

04-19-2021 07:50 AM CET | Logistics & Transport

Press release from: MarketsandMarkets

Weigh-In-Motion System Market Insights| Key Players: Kapsch

According to the new market research report "Weigh-In-Motion System Market by Type (In-Road, Bridge Weigh, Onboard), Vehicle Speed (Low, High), Component (Hardware, Software & Services), End-Use Industry (Highway Toll, Oil & Refinery, Logistics), Sensors, Function, Region - Global Forecast to 2027", Published by MarketsandMarkets™, The weigh-in-motion system market is projected to reach USD 1,730 million by 2027 from USD 858 million in 2020, at a CAGR of 10.5% during the forecast period.

Browse in-depth TOC on "Weigh-In-Motion System Market"
196 – Tables
50 – Figures
207 – Pages

Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of the market for weigh-in-motion system. Low cost compared with static weigh scale is expected to further fuel the growth of the weigh-in-motion system market.

Download PDF Brochure @

The traffic data collection segment is expected to be the fastest-growing segment during the forecast period

The traffic data collection system provides real-time monitoring of specific situations and road areas, such as toll highways, bridges, and underpasses, with the help of dedicated video devices. The system extracts useful information about road mobility and traffic, helps enhance road safety, and gives information to users. Thus, the traffic data collection segment is expected to be the fastest-growing segment during the forecast period.

The in-road weigh-in-motion system segment by type is expected to hold the largest market share in 2020

In the in-road weigh-in-motion system, the sensors are installed beneath the road surface. These sensors capture and record the passing vehicle’s information such as weight, length, and class in the data storage system. In-road weigh-in-motion systems help protect roads from overloaded vehicles. Mettler Toledo, International Road Dynamics, and Kistler are some of the major manufacturers of in-road WIM systems.

The in-road segment is expected to lead the market during the forecast period as it is the most popular and traditional weigh-in-motion system. In-road WIM systems are widely used in industries such as highway toll, logistics, oil & refinery, and mining.

Request FREE Sample Report @

The Asia Pacific is estimated to be the fastest-growing market

The increasing number of megacities and the population growth in developed and developing countries has increased the use of various traffic sensors and weigh-in-motion systems in the Asia Pacific region. The weigh-in-motion system market in the Asia Pacific is growing rapidly because of the demand in countries such as China, Japan, and India. Some of the key players in the Asia Pacific region are Essae Digitronics, Ashbee Systems, and Jiangxi Zhongjiali High-Tech, among others.

Various countries in the Asia Pacific have started recognizing traffic solutions using weigh-in-motion systems and traffic sensors for curbing traffic congestion, automated toll, vehicle detection, traffic control, and traffic management. The demand for weigh-in-motion systems in the Asia Pacific is significantly driven by the strong economic growth, rising population, and rapid urbanization. Hence, Asia Pacific is estimated to be the fastest-growing market during the forecast period.

The outbreak of COVID-19 has impacted the Asian region substantially, and many end-use industries of weigh-in-motion systems are expected to register a decline in growth. According to Wood Mackenzie, the demand for oil products in the Asia Pacific reduced by 1.8 million barrels per day (b/d) year-on-year in 2020. Such decline is expected to postpone the demand for new weigh-in-motion systems and their installations in 2020. However, the highway toll industry getting on track in China is expected to drive the demand for weigh-in-motion systems in the region from 2021.

Kapsch TrafficCom (Austria), Q-Free ASA (Norway), METTLER TOLEDO (US), and Avery Weigh-Tronix (Illinois Tool Works) (US) are the major companies operating in the global Weigh-In-Motion Systems Market. These companies adopted supply contracts, and expansion strategies to gain traction in the Weigh-In-Motion Systems Market.

View Full TOC @

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Research Insight:

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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 System Market Insights| Key Players: Kapsch TrafficCom (Austria), Q-Free ASA (Norway), International Road Dynamics (Canada), METTLER TOLEDO (US), and TransCore (US). here

News-ID: 2271820 • Views: 274

More Releases from MarketsandMarkets

Actuators Market worth $74.5 billion by 2024
The report "Actuators Market by Actuation (Electrical, Pneumatic, Hydraulic), Type (Linear, Rotary), Application (Industrial Automation, Robotics, Vehicles & Equipment), Vertical (Automotive, Electronics, Healthcare), and Region - Global Forecast to 2024", The actuators market is estimated to be USD 49.2 billion in 2019 and is projected to reach USD 74.5 billion, at a Compound Annual Growth Rate (CAGR) of 8.6% from 2019 to 2024. This market is driven by factors, such
Testing, Inspection, & Certification Market worth $243.7 billion in 2025
The report "Testing, Inspection, & Certification Market by Offering (In-house & Outsourced Services), Application (Consumer Goods & Retail, Agriculture & Food, Chemicals, Energy & Power, Automotive, IT & Telecommunications) & Geography - Global Forecast to 2025" is expected to grow at a CAGR% of 3.6% from USD 204.2 billion in 2020 to USD 243.7 billion in 2025. The primary reasons for this rise in demand is the increasing need for
Hydraulic Dosing Pump Market to Hit $949.3 Million by 2023
The global Hydraulic Dosing Pump Market is estimated to be valued at USD 771.8 million in 2018 and is projected to reach USD 949.3 million by 2023, at a CAGR of 4.23% during the forecast period. In 2018, the Asia Pacific is estimated to be the largest market for hydraulic dosing pumps, followed by Europe and North America. The growth of the hydraulic dosing pump market is driven by new
Automotive Fuel Cell Market Insights| Key Players: Ballard Power Systems (Canada …
According to the new market research report "Automotive Fuel Cell Market by Component (Fuel Processor, Fuel Cell Stack, Power Conditioner, Air Compressor, Humidifier), Power Output, Hydrogen Fuel Stations, Vehicle Type (Passenger car, LCV, Truck, Bus), Operating Miles, Region - Global Forecast 2028", Published by MarketsandMarkets™, size is projected to grow from 20,168 units in 2021 to reach 596,255 units by 2028, at a CAGR of 62.2%. Factors such as growing

All 5 Releases

More Releases for Weigh

Global Weigh Feeder Market Overview Report by 2020-2025
Scope of the Report: The global Weigh Feeder market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx%% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019. Market segmentation Weigh Feeder market is split by Type and by Application. For the period 2015-2025, the growth among segments
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
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 @ 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. 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