Market Overview:
The global truck volume scanner system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for truck volume scanners in various industries such as chemical and mining industry, construction industry, agricultural industry, and other industries. Truck volume scanners are used for scanning the volumes of trucks and trailers for billing purposes in various industries. These scanners are either portable or fixed type depending on the requirement of the end-user industry.
Product Definition:
Truck Volume Scanner System is a system that is used to measure the volume of traffic passing through a certain area. This system is important because it helps transportation officials to determine how much traffic is passing through an area and where the heaviest traffic areas are. This information can help officials plan future transportation projects and improve existing infrastructure.
Portable:
The truck volume scanner system is a device used to scan and read the barcodes of various types of products including food, consumer goods, automotive parts and medicines. The increasing demand for inventory management in retail stores has led to the growth of this market. In addition, growing government initiatives towards implementation of automated systems at various places such as airports have also contributed significantly towards revenue generation in this market.
Fixed:
The fixed and it's usage in truck volume scanner system market is expected to witness significant growth over the forecast period. The growth of this market can be attributed to factors such as increasing demand for automated solutions, need for safety & security, and government initiatives.
The fixed devices are used in a truck volume scanner system that helps in detecting objects within the range of cameras mounted on the vehicle or on roadside infrastructure.
Application Insights:
The other application segment includes the general industry, mining and construction. The demand for trucks in these industries is generally higher as compared to the chemical and mining industry, construction industry, agricultural industry or any other type of transportation. However, over the past few years there has been a considerable increase in demand for advanced technologies such as GPS-based systems that help monitor vehicle location with high accuracy across all applications.
The global market share of this segment was 32% in terms of revenue in 2017 owing to wide ranging applications across various industries globally including agriculture and others which require heavy machinery or equipment transport over long distances at regular intervals.
Regional Analysis:
The Asia Pacific region dominated the global truck volume scanner market in 2017. The growth is attributed to increasing investments in infrastructure development and government initiatives for road safety. For instance, according to the World Bank Group, between 2010 and 2014, India invested around USD X trillion for transportation infrastructure development with a major share going towards roads and highways sector. Moreover, over the past few years there has been an increase in spending on law enforcement related activities by various governments which has led to an increase in demand for these systems across countries such as India, China Japan among others.
However North America is expected to emerge as a lucrative regional market over the forecast period owing to growing emphasis on road safety coupled with stringent regulations regarding driver behavior imposed by regulatory bodies such as Department of Transportation (DOT) of U.S., Canada's Ministry of Transport (MoT), etc.
Growth Factors:
- Increasing demand for goods transportation by trucks owing to growth in e-commerce and globalization
- Proliferation of fleet management systems and telematics that help optimize truck operations
- Development of innovative technologies such as Truck Volume Scanner System that improve safety, efficiency, and productivity of truck fleets
- Stringent government regulations mandating the use of fleet management systems in commercial vehicles
- Growing awareness about the benefits of using Truck Volume Scanner System among fleet operators
Scope Of The Report
Report Attributes
Report Details
Report Title
Truck Volume Scanner System Market Research Report
By Type
Portable, Fixed
By Application
Chemical and Mining Industry, Construction Industry, Agricultural Industry, Other
By Companies
Loadscan, Load Scanner, Walz Scale, Trakblaze, Schmitt Industries, Jorg Elektronik, Transcale, AgWeigh
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Truck Volume Scanner System Market Report Segments:
The global Truck Volume Scanner System market is segmented on the basis of:
Types
Portable, Fixed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical and Mining Industry, Construction Industry, Agricultural Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Loadscan
- Load Scanner
- Walz Scale
- Trakblaze
- Schmitt Industries
- Jorg Elektronik
- Transcale
- AgWeigh
Highlights of The Truck Volume Scanner System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable
- Fixed
- By Application:
- Chemical and Mining Industry
- Construction Industry
- Agricultural Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Truck Volume Scanner System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A truck volume scanner system is a type of traffic enforcement system that uses radar to measure the number and size of trucks on a highway. The data collected by the system is used to generate traffic violations reports.
Some of the key players operating in the truck volume scanner system market are Loadscan, Load Scanner, Walz Scale, Trakblaze, Schmitt Industries, Jorg Elektronik, Transcale, AgWeigh.
The truck volume scanner system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Truck Volume Scanner System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Truck Volume Scanner System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Truck Volume Scanner System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Truck Volume Scanner System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Truck Volume Scanner System Market Size & Forecast, 2020-2028
4.5.1 Truck Volume Scanner System Market Size and Y-o-Y Growth
4.5.2 Truck Volume Scanner System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Portable
5.2.2 Fixed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical and Mining Industry
6.2.2 Construction Industry
6.2.3 Agricultural Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Truck Volume Scanner System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Truck Volume Scanner System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Portable
9.6.2 Fixed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical and Mining Industry
9.10.2 Construction Industry
9.10.3 Agricultural Industry
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Portable
10.6.2 Fixed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical and Mining Industry
10.10.2 Construction Industry
10.10.3 Agricultural Industry
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Portable
11.6.2 Fixed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical and Mining Industry
11.10.2 Construction Industry
11.10.3 Agricultural Industry
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Portable
12.6.2 Fixed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical and Mining Industry
12.10.2 Construction Industry
12.10.3 Agricultural Industry
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Portable
13.6.2 Fixed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical and Mining Industry
13.10.2 Construction Industry
13.10.3 Agricultural Industry
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Truck Volume Scanner System Market: Competitive Dashboard
14.2 Global Truck Volume Scanner System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Loadscan
14.3.2 Load Scanner
14.3.3 Walz Scale
14.3.4 Trakblaze
14.3.5 Schmitt Industries
14.3.6 Jorg Elektronik
14.3.7 Transcale
14.3.8 AgWeigh
