Market Overview:
The global weigh in motion market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for axle counting, weigh enforcement, weight-based toll collection, and traffic data collection applications across the globe. Additionally, the growing adoption of cloud-based solutions is also contributing to the growth of this market. However, factors such as high installation and maintenance costs are restraining the growth of this market.
Product Definition:
Weigh in Motion is a technology that allows for the measurement of weight as a vehicle passes over it. This information can be used to calculate things like the weight of traffic, the amount of wear on a road surface, or tolls based on the weight of vehicles.
On-premises:
On-premises solutions are software and hardware based security systems that provide a high level of data security within an organization. The on-premises solution is typically installed and used by the IT department of an organization. It is also known as the “shrink wrap” solution, since it involves installing hardware components such as cameras, switches, routers, etc., inside the company to provide surveillance & control over a network or internet connected device outside the company's firewall.
Cloud:
Cloud is a virtual platform that provides shared tools and services to manage and run applications on mobile devices. It helps in improving the overall efficiency of organizations by streamlining their data across multiple platforms. The cloud computing technology has transformed the way businesses are being done presently, owing to its vast array of benefits such as flexibility, scalability, cost-effectiveness & reliability among others.
Application Insights:
Based on application, the global weigh in motion market has been segmented into axle counting, weight-based toll collection, vehicle profiling and traffic data collection. The axle counting segment dominated the overall market in terms of revenue share in 2017. This is attributed to factors such as growing concerns about driver fatigue and increasing number of road accidents globally. As per a research study conducted by Transport Research Laboratory (TRL), Fatigue Risk Analysis of Driver Behavior for Longer Vehicle Trips with Nighttime Consequences, an increase in trip length by up to 10% causes fatigue for drivers resulting from longer hours behind the wheel.
Regional Analysis:
North America dominated the global weigh in motion market with a revenue share of over 35% in 2017. This is attributed to the presence of numerous weighing systems providers such as IHI Corporation, Yokogawa Corporation, and Fujitsu Ltd. The region is also home to several key players such as OMRON Corporation and Toshiba Global Commerce Solutions Inc., that offer various weigh-in-motion based solutions for transportation management. Moreover, North America has one of the largest trucking industries across all regions owing to its strong economy and well established logistics sector.
Asia Pacific region is anticipated to witness significant growth during the forecast period owing to increasing road infrastructure spending coupled with rising demand for transport services from rapidly developing economies including China and India. Furthermore, countries such as Australia have adopted weight enforcement regulations on roadsides since January 1st 2018 under section 474A(1) Roadside Designation Act 2012 (WA).
Growth Factors:
- Increasing demand for weight-loss services and products
- Rising awareness about the health risks associated with obesity and overweight
- Growing number of obese and overweight people worldwide
- Advances in technology that make Weigh in Motion systems more accurate and efficient
- Increased focus on public health by governments and other organizations
Scope Of The Report
Report Attributes
Report Details
Report Title
Weigh in Motion Market Research Report
By Type
On-premises, Cloud
By Application
Axle Counting, Weigh Enforcement, Weight-Based Toll Collection, Vehicle Profiling, Traffic Data Collection
By Companies
Kapsch Trafficcom, Q-Free, International Road Dynamics, Kistler, SWARCO, TE Connectivity, Raytheon, Siemens, Sensys Networks, Cross ZlÃn, Intercomp, Efkon, SICK, Transcore, Reno A and E, LeddarTech
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Weigh in Motion Market Report Segments:
The global Weigh in Motion market is segmented on the basis of:
Types
On-premises, Cloud
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
Axle Counting, Weigh Enforcement, Weight-Based Toll Collection, Vehicle Profiling, Traffic Data Collection
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:
- Kapsch Trafficcom
- Q-Free
- International Road Dynamics
- Kistler
- SWARCO
- TE Connectivity
- Raytheon
- Siemens
- Sensys Networks
- Cross ZlÃn
- Intercomp
- Efkon
- SICK
- Transcore
- Reno A and E
- LeddarTech
Highlights of The Weigh in Motion 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:
- On-premises
- Cloud
- By Application:
- Axle Counting
- Weigh Enforcement
- Weight-Based Toll Collection
- Vehicle Profiling
- Traffic Data Collection
- 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 Weigh in Motion 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Weigh in Motion is a weight loss program that helps people lose weight by tracking their food and exercise habits.
Some of the major companies in the weigh in motion market are Kapsch Trafficcom, Q-Free, International Road Dynamics, Kistler, SWARCO, TE Connectivity, Raytheon, Siemens, Sensys Networks, Cross ZlƒÂn, Intercomp, Efkon, SICK, Transcore, Reno A and E, LeddarTech.
The weigh in motion market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Weigh in Motion 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 Weigh in Motion Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Weigh in Motion 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 Weigh in Motion 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 Weigh in Motion Market Size & Forecast, 2018-2028
4.5.1 Weigh in Motion Market Size and Y-o-Y Growth
4.5.2 Weigh in Motion Market Absolute $ Opportunity
Chapter 5 Global Weigh in Motion 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 Weigh in Motion Market Size Forecast by Type
5.2.1 On-premises
5.2.2 Cloud
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Weigh in Motion 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 Weigh in Motion Market Size Forecast by Applications
6.2.1 Axle Counting
6.2.2 Weigh Enforcement
6.2.3 Weight-Based Toll Collection
6.2.4 Vehicle Profiling
6.2.5 Traffic Data Collection
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Weigh in Motion 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 Weigh in Motion 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 Weigh in Motion Analysis and Forecast
9.1 Introduction
9.2 North America Weigh in Motion 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 Weigh in Motion Market Size Forecast by Type
9.6.1 On-premises
9.6.2 Cloud
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 Weigh in Motion Market Size Forecast by Applications
9.10.1 Axle Counting
9.10.2 Weigh Enforcement
9.10.3 Weight-Based Toll Collection
9.10.4 Vehicle Profiling
9.10.5 Traffic Data Collection
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 Weigh in Motion Analysis and Forecast
10.1 Introduction
10.2 Europe Weigh in Motion 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 Weigh in Motion Market Size Forecast by Type
10.6.1 On-premises
10.6.2 Cloud
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 Weigh in Motion Market Size Forecast by Applications
10.10.1 Axle Counting
10.10.2 Weigh Enforcement
10.10.3 Weight-Based Toll Collection
10.10.4 Vehicle Profiling
10.10.5 Traffic Data Collection
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 Weigh in Motion Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Weigh in Motion 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 Weigh in Motion Market Size Forecast by Type
11.6.1 On-premises
11.6.2 Cloud
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 Weigh in Motion Market Size Forecast by Applications
11.10.1 Axle Counting
11.10.2 Weigh Enforcement
11.10.3 Weight-Based Toll Collection
11.10.4 Vehicle Profiling
11.10.5 Traffic Data Collection
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 Weigh in Motion Analysis and Forecast
12.1 Introduction
12.2 Latin America Weigh in Motion 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 Weigh in Motion Market Size Forecast by Type
12.6.1 On-premises
12.6.2 Cloud
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 Weigh in Motion Market Size Forecast by Applications
12.10.1 Axle Counting
12.10.2 Weigh Enforcement
12.10.3 Weight-Based Toll Collection
12.10.4 Vehicle Profiling
12.10.5 Traffic Data Collection
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) Weigh in Motion Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Weigh in Motion 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) Weigh in Motion Market Size Forecast by Type
13.6.1 On-premises
13.6.2 Cloud
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) Weigh in Motion Market Size Forecast by Applications
13.10.1 Axle Counting
13.10.2 Weigh Enforcement
13.10.3 Weight-Based Toll Collection
13.10.4 Vehicle Profiling
13.10.5 Traffic Data Collection
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 Weigh in Motion Market: Competitive Dashboard
14.2 Global Weigh in Motion Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kapsch Trafficcom
14.3.2 Q-Free
14.3.3 International Road Dynamics
14.3.4 Kistler
14.3.5 SWARCO
14.3.6 TE Connectivity
14.3.7 Raytheon
14.3.8 Siemens
14.3.9 Sensys Networks
14.3.10 Cross ZlÃn
14.3.11 Intercomp
14.3.12 Efkon
14.3.13 SICK
14.3.14 Transcore
14.3.15 Reno A and E
14.3.16 LeddarTech
