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%.
Throughout the expected period, a large rise in the number of cars is anticipated, which will raise demand for weighing systems that are quicker, more precise, autonomous, and efficient. Thanks to technical advancements that make it possible to identify overweight vehicles more rapidly and conduct traffic monitoring and analysis at a lower cost, future trends suggest that more individuals will utilise weighing devices.
As new types of traffic congestion emerge and the public and commercial sectors collaborate to increase the productivity, safety, and reduced environmental impact of transportation networks, weigh-in-motion devices are anticipated to become more and more prevalent. The state of Idaho paid International Road Dynamics Inc. $2.2 million in September 2021 to provide and set up an electronic pre-clearance and weigh-in-motion system. This modification is probably going to make commercial vehicle screening more effective while reducing traffic at weigh stations and greenhouse gas emissions.
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In-depth reporting, increased effectiveness, and complete integration are other benefits of weigh-in-motion systems, which when combined greatly simplify the process of weighing large, heavy transport trucks and trains. The market forecast for these systems is anticipated to be driven by this as well as the widespread usage of weigh-in-motion systems in a number of industries, including construction, forestry, demolition, and waste management.
Weigh-in-motion system market expansion is predicted to be constrained by a number of issues, such as high upfront costs and difficult installation requirements for nonintrusive weigh-in-motion sensors. The use of commercial heavy vehicles is expanding rapidly as a result of technological developments in business. A weigh-in-motion system must be built in order to manage traffic and monitor legal compliance.
As technology advances, manufacturers are heavily spending in R&D to bolster their position in the market for W weigh-in-motion systems. Utilising strain gauge sensors, fibre optic weigh-in-motion sensors, and fibre Bragg grating sensors, they hope to improve the performance of the weigh-in-motion system. As a result, weigh-in-motion technology is more common everywhere.
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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