Automotive Weigh in Motion Market Opportunity and Demand Analysis Report by 2026
North America automotive weigh in motion market accounted for over 28% of the global industry share in 2019. Regional automotive weigh in motion industry demand is dependent largely on stringent regulation pertaining to overloading of vehicles and overall traffic safety. However, the industry may be hampered in the short run due to falling commercial transportation activity across the US and Canada, due to the COVID-19 pandemic.
Emerging nations have invested substantial amounts to ensure advanced logistics solutions. For instance, South Korea had planned to invest more than USD 3.2 billion by the end of 2020 as a part of the intelligent transport system plan established by the country.
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Globally, automotive weigh in motion market has witnessed significant demand over the years due to the growing concerns over environmental degradation in various parts of the world, which has led to the adoption of smart transportation solutions. Several recognized institutions across the U.S. are supporting the deployment of smart transportation systems increase the safety and mobility of vehicles.
Strict rules established by the concerned authorities regarding traffic safety and overloading of vehicles in North America will supplement the regional product demand. In the year 2019, North America accounted for more than 28% of the global automotive weigh in motion market share.
Single load automotive weigh in motion sensors have enjoyed widespread adoption as they are considered to be reliable and accurate. This sensor renders more than 6% accuracy and even better during use on highways.
Automotive weigh in motion solutions have unique installation techniques like in board WIM, on board weigh in motion and weight bridge solutions. Bridge WIM is a unique weighing system, sensors in which are placed on the soffit of the bridges. The sensors deployed in these systems measure strains lead to the bending of the bridge caused due to the passage of heavy vehicles from the bridge.
With respect to the application spectrum, in 2019, weight based trolling segment showcased a considerable demand of weigh in motion systems, holding a share of more than 20% of the demand worldwide. The road user usually pays a toll on the basis of the weight or load of the automobile. Automotive weigh in motion ensures right and fair process for tolling systems and also helps in proving finance for the construction and maintenance of the road infrastructure.
Major automotive weigh in motion companies are constantly enhancing their product portfolio to expand their customer base and achieve competitive advantage, including EFKON, International Road Dynamics, Kistler and Q Free, among various others.
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Partial Chapter of the Table of Content
Chapter 5. Automotive Weigh in Motion Market, By Installation
5.1. Global market installation insights
5.2. In-road systems
5.2.1. Global market estimates and forecast, 2016 – 2026
5.2.2. Global market estimates and forecast by region, 2016 – 2026
5.3. Weight bridge systems
5.3.1. Global automotive weigh in motion market estimates and forecast, 2016 – 2026
5.3.2. Global market estimates and forecast by region, 2016 – 2026
5.4. On board systems
5.4.1. Global market estimates and forecast, 2016 – 2026
5.4.2. Global market estimates and forecast by region, 2016 – 2026
Chapter 6. Automotive Weigh in Motion Market, By Application
6.1. Global market application insights
6.2. Traffic data collection
6.2.1. Market estimates and forecast, 2016 - 2026
6.2.2. Market estimates and forecast by region, 2016 - 2026
6.3. Weight enforcement
6.3.1. Automotive weigh in motion market estimates and forecast, 2016 - 2026
6.3.2. Market estimates and forecast by region, 2016 - 2026
6.4. Weight based tolling
6.4.1. Market estimates and forecast, 2016 - 2026
6.4.2. Automotive weigh in motion market estimates and forecast by region, 2016 - 2026
6.5. Bridge protection
6.5.1. Market estimates and forecast, 2016 - 2026
6.5.2. Automotive weigh in motion market estimates and forecast by region, 2016 - 2026
6.6. Industrial truck weighing
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