Selbyville, Delaware As per the 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, global automotive weigh in motion market is expected to register an appreciable growth rate through 2026.

Global automotive weigh in motion industry is majorly driven by burgeoning traffic congestion especially in emerging economies, escalating demand for commercial transportation, and increasing number of government initiatives for development of an intelligent transportation system. Moreover, low cost of weight in motion (WIM) systems is positively impacting the market dynamics, however, high initial investment in installation of these systems is impeding the industry growth, cites the study.

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Weigh in motion is a method for measuring the dynamic wheel loads or forces exerted on a moving vehicle, and for determining the gross vehicle weight along with portion of weight that is carried by each wheel, axle, and static wheels. Hence, weighing becomes much more efficient and concise as compared to conventional methods.

Based on sensor type, global automotive weigh in motion market is split into single load cell, bending plate, piezoelectric sensor, and others. Strain gauge strip sensor from others segment is likely to witness an increased demand owing to its low cost.

Considering installation type, the industry is split into on board weighing (OBW), weight bridge systems, and in-road system. Of these, in-road system segment is anticipated to gain considerable traction in the coming years due to rising number of traffic issues.

Speaking of application scope, global automotive weigh in motion industry from traffic data collection segment will record a sizeable growth over the forecast timeframe, attributable to increasing government disposition on reducing traffic congestion. Meanwhile, bridge protection segment will also witness modest gains due to growing necessity of lowering maintenance cost and evaluating wear & tear caused by heavy vehicle through effective monitoring.

In terms of speed, the industry is bifurcated into hi-speed enforcement and slow speed enforcement, of which, the latter is expected to grow substantially owing to low cost and high accuracy of WIM systems.

Considering the regional outlook, MEA automotive weigh in motion industry accounts for 7% of the global demand and is likely to gain considerable traction in the ensuing years. Meanwhile, LATAM industry is set to grow profusely due to stringent government norms regarding vehicle overloading.

Key players influencing worldwide automotive weigh in motion market trends are Mettler Toledo, General Electrodynamics Corp., Efkon, Axis Communications AB, TransCore, Kapsch TrafficCom AG, Q-Free ASA, TE Connectivity, International Road Dynamics, Inc., and Kistler Group.

Questions & Answers: Global Automotive Weigh in Motion Market

Q1: What are the major growth driving factors of global automotive weigh in motion market?

A: Global automotive weigh in motion industry is majorly driven by burgeoning traffic congestion especially in emerging economies, escalating demand for commercial transportation, and increasing number of government initiatives for development of an intelligent transportation system.

Q2: How is LATAM contributing to global automotive weigh in motion market growth?

A: Stringent government norms regarding vehicle overloading in LATAM are improving the growth prospects of overall automotive weigh in motion market.

Q3: Which companies boast of a strong presence in global automotive weigh in motion industry?

A: Key players influencing worldwide automotive weigh in motion market trends are Mettler Toledo, General Electrodynamics Corp., Efkon, Axis Communications AB, TransCore, Kapsch TrafficCom AG, Q-Free ASA, TE Connectivity, International Road Dynamics, Inc., and Kistler Group.

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