The global weigh-in-motion systems market is expected to generate US$ 1.04 billion in sales in 2022 and US$ 2.55 billion by 2032. During the projected period, the demand for weigh-in-motion systems is predicted to grow at a moderate CAGR of 10.3%.
A significant increase in the number of cars is anticipated throughout the forecasted period, which will increase demand for weighing systems that are speedier, more accurate, autonomous, and efficient. Future trends indicate that an increasing number of people will use weighing devices, thanks to technological improvements that make it possible to identify overweight vehicles more quickly and conduct more affordable traffic monitoring and analysis.
Weigh-in-motion devices are expected to become more and more common as new kinds of traffic congestion appear as the public and private sectors work together to improve the productivity, safety, and environmental impact reduction of transportation networks. International Road Dynamics Inc. received a $2.2 million payment from the state of Idaho in September 2021 to supply and set up an electronic pre-clearance and weigh-in-motion system. This change is likely to increase the efficiency of commercial vehicle screening while lowering traffic at weigh stations and greenhouse gas emissions.
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In-depth reporting, improved efficiency, and full integration are other advantages of weigh-in-motion systems, which when combined make weighing massive, heavy transport vehicles and trains significantly easier. This and the extensive use of weigh-in-motion systems in a number of industries, including construction, forestry, demolition, and waste management, are expected to drive the market outlook for these systems.
Numerous factors, including high upfront costs and demanding installation requirements for nonintrusive weigh-in-motion sensors, are anticipated to limit the market growth for weigh-in-motion systems. Due to technology advancements in business, the movement of commercial heavy vehicles is growing at an incredible rate. It is necessary to construct a weigh-in-motion system to control traffic and keep track of legal compliance.
Manufacturers are heavily investing in R&D to strengthen their position in the market for W weigh-in-motion systems as technology develops. They are seeking to enhance the performance of the weigh-in-motion system by utilising strain gauge sensors, fibre optic weigh-in-motion sensors, and fibre Bragg grating sensors. Weigh-in-motion equipment is therefore more popular everywhere in the world.
Key Takeaways
- Players such as Q-Free, International Road Dynamics, Kapsch Trafficcom, Kistler, TE Connectivity, SWARCO, FLIR Systems, and Siemens dominate the weigh-in-motion systems
- The weigh-in-motion systems market is anticipated to be led by Europe.
- By 2029, the Highway Toll sector is anticipated to account for the greatest share of the weigh-in-motion systems
- The rising number of heavy-duty trucks and technological advancements in weighing systems bode well for the North American weigh in weigh-in-motion systems market share throughout the forecast period.
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Competitive Landscape
Leaders in the weigh-in-motion systems market are consolidating and teaming up to increase their share of the industry and their bottom lines.
Kapsch TrafficCom AG, Q-free, Mettler Toledo, Avery Weigh – Tronix, TE Connectivity, International Road Dynamics, Kistler, Transcore Reno A&E, Axis Communications, EFKON, International Road Dynamics Inc, SWARCO AG, FLIR Systems, Raytheon Company, Sensys Networks Inc, LeddarTech Inc, Crooss Zlin, and SICK AG are just some of the major players in the weigh-in-motion systems market.
Key Segments
By Component:
- Hardware
- Sensor Array
- Control & Measurement Systems
- Processing & Reporting Systems
- Support Devices & Infrastructure
- Software
By Technology:
- Load Cell
- Strain Gauge Strip
- Bending Plate
- Piezoelectric Sensor
By Installation:
- Weigh Bridge System
- Onboard System
- Pavement/In-road System
By End User:
- Roadways
- Railways
- Ports & Logistic Hubs
- Process Industries
- Aviation
By Application Speed:
- Low Speed (<15 Km/hr)
- High Speed (>15 km/hr)
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
- Europe
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Recent Developments
- Kistler began selling low-outgassing cables in May 2021 for their titanium housing piezoelectric accelerometers used in astronomical research.
- Q-contracts Free’s with the Georgia Department of Transportation (DOT) were extended to include enhancements to Kinetic Signals in April 2021.1
- SWARCO AG introduced its new urban mobility management software, MyCity 1.0, in April 2021 with the goal of creating smarter, greener cities.
- Kapsch TrafficCom was tasked by the Norwegian Public Road Administration to install a new Multi-Lane Free-Flow (MLFF) tolling system in Ryfast, Norway in March 2021.
- International Road Dynamics was awarded a five-year, up to $13 million maintenance and upgrade contract by the New York State Department of Transportation in March 2021.
- Commercial vehicle weight enforcement industrial scales in Ukraine have used Intercomp WIM sensors since February 2021. These weigh-in-motion sensors are integrated into the country’s high-speed Weigh-In-Motion systems.
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