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Rise in Overloaded Vehicle Monitoring Boosts Demand for Weigh-In-Motion Systems

04-21-2025 07:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Weigh-in-Motion System Market Report

Weigh-in-Motion System Market Report

According to the latest market research study published by P&S Intelligence, the global weigh-in-motion (WIM) system market is poised for significant growth, with projected revenues reaching USD 1,566.1 million in 2024 and expected to surge to USD 2,812.6 million by 2030, reflecting a robust CAGR of 10.3% during the forecast period. This growth is primarily driven by the increasing adoption of WIM systems for tolling based on the gross vehicle weight rating (GVWR) of trucks.

WIM systems offer numerous benefits, including enhanced road safety, improved road management, detection of overloaded vehicles, cost reduction, and efficient traffic monitoring and analysis. As a result, governments, local authorities, and transportation departments are increasingly implementing these systems to ensure road safety through continuous traffic monitoring, data recording, and law enforcement.

Read the full analysis and trends here: https://www.psmarketresearch.com/market-analysis/weigh-in-motion-system-market

Key Insights

Market Segmentation: The WIM system market is segmented by component into hardware, software, and services; by application into vehicle profiling, axle counting, weight enforcement, weight-based toll collection, bridge protection, and traffic data collection; by end use into highways and toll plazas, process industries, aviation, ports, logistics, and railways; by installation method into in-road, bridge, and onboard; and by technology into load cells, bending plates, and piezoelectric sensors.

Regional Trends: North America holds the largest share of the WIM system market, attributed to the early adoption of advanced transportation technologies and stringent road safety regulations. Meanwhile, the Asia-Pacific region is expected to witness the fastest growth during the forecast period, driven by increasing infrastructure development, rising vehicle traffic, and growing awareness of road safety measures.

Technological Advancements: The integration of advanced technologies such as load cells, bending plates, and piezoelectric sensors enhances the accuracy and reliability of WIM systems. These technologies enable real-time data collection and analysis, facilitating efficient traffic management and enforcement of weight regulations.

Competitive Dynamics: The WIM system market is consolidated, with key players focusing on strategic developments such as partnerships, collaborations, and product innovations to strengthen their market position. The increasing demand for intelligent transportation systems and the need for efficient traffic monitoring present significant opportunities for market players to expand their offerings and cater to evolving customer needs.

Request PDF Sample Copy of Report: Including Full TOC, List of Tables & Figures, Chart: https://www.psmarketresearch.com/market-analysis/weigh-in-motion-system-market/report-sample

Emerging Opportunities: The growing requirement for capturing and recording the number of truck axles and gross vehicle weight is driving the demand for WIM systems. This need arises due to the increasing incidence of truck operators overloading their vehicles to improve profits.

Additionally, the implementation of stringent road safety regulations by governments worldwide to prevent accidents and collateral damage due to over-speeding and overloading is expected to further propel market growth.

About P&S Intelligence

P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.

Contact:

Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://psintelligence.blogspot.com

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