August 06, 2020
According to the research report titled ‘Automotive Weigh in Motion Market Size By Sensor, By Installation, By Application By Speed, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, the global automotive weigh in motion market is expected to register an appreciable growth rate over 2020-2026.
Global automotive weigh in motion market is primarily driven by low cost of WIM systems and rising traffic congestion. Increasing number of favorable government initiatives for implementation of intelligent transportation systems and growing demand for commercial transportation are further adding momentum to the industry expansion, cites the study.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2696875/
For the uninitiated, weigh in motion (WIM) devices are designed to record dynamic wheel load, gross vehicle weights and individual weight on each wheel, axle group and static wheel. Weigh in motion data and weigh in motion systems have found many applications in various industries. In the industrial sector, to prevent overloading, weigh in motion systems can be used to measure weights and axe loads of trucks before they leave the site and enter the road network.
Based on sensor, global automotive weigh in motion market is bifurcated into bending plate, piezoelectric sensor (including quartz sensor), single load cell, and others segment. As per the report, the others segment consisting of strain gauge strip sensor is likely to gain decent traction owing to the low cost of this sensor.
Speaking of installation types, global automotive weigh in motion market is classified into weight bridge systems, in-road systems, and OBW or on-board weighing. The in-road system segment is predicted to witness considerable growth in the forthcoming years owing to increasing complications associated with traffic.
Elaborating on application spectrum, global automotive weigh industry is categorized into weight enforcement, industrial truck weighing, traffic data collection, and bridge protection. With rising government inclination towards decreasing traffic congestion issues, the traffic data collection segment is reckoned to witness substantial growth in the upcoming years.
Parallelly, bridge protection segment is likely to gain considerable traction, on account of applicability of WIM systems in gaining intel linked to the maintenance cost, and wear and tear caused by heavy vehicles.
In terms of speed, global automotive weigh in motion market is classified into slow speed enforcement and hi-speed enforcement. High accuracy and low cost will positively impact the demand for WIM devices for slow speed (0 km/h-15 km/h) compliance.
From a regional perspective, stringent government guidelines pertaining to vehicle overloading are fueling the demand for WIM systems in LATAM region. For the record, MEA automotive WIM market accounted for 7% of the global demand in the recent past.
Leading organizations in automotive WIM market are Mettler Toledo, General Electrodynamics Corporation, EFKON GmbH, Axis Communications AB, TransCore, Kapsch Trafficcom AG, Q-Free ASA, TE Connectivity, International Road Dynamics Inc., and Kistler Group.