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Weigh in Motion Market by Component (Hardware (Sensor and Controller), Software & Services), Application (Axle Counting, Weigh Enforcement, Weight-Based Toll Collecion, Vehicle Profiling, Traffic Data Collection), and Geography - Global Forecast to 2023

Weigh in Motion Market by Component (Hardware (Sensor and Controller), Software & Services), Application (Axle Counting, Weigh Enforcement, Weight-Based Toll Collecion, Vehicle Profiling, Traffic Data Collection), and Geography - Global Forecast to 2023

“Government initiatives toward intelligent transportation infrastructure propelling the growth of weigh in motion market”
The weigh in motion (WIM) market is expected to grow at a CAGR of 8.88% between 2018 and 2023 to reach USD 875.7 million by 2023 from USD 572.2 million in 2018. The government initiatives toward intelligent transportation infrastructure and need for advanced traffic congestion solutions and real-time information systems are the major factors propelling the growth of the said market. However, factors such as high cost and restrictive installation requirements of nonintrusive sensors and slow growth in the infrastructure sector are restraining the growth of the WIM market.

“Hardware component segment expected to lead the market during the forecast period”
The weigh in motion hardware system makes use of several sensors and controllers to collect and transmit traffic data to the weigh in motion station. As weigh in motion site makes use of several sensors and other related hardware components, the market for hardware components is expected to hold the largest share during the forecast period.

“Market for controllers expected to grow at the highest CAGR during the forecast period”
The vehicle and other traffic-related information collected by sensors are fed to the weigh in motion controllers. Controller produces a daily data file that contains individual vehicle records, and the file is automatically downloaded at the main controlling center that tracks and analyzes the collected data on a regular basis. The growing application of WIM sensors and other traffic sensors is directly contributing to the growth of controller market during the forecast period.

“Traffic data collection application expected to witness the highest market growth during the forecast period”
WIM systems provide continuous, reliable, complete, and accurate traffic and weight data by making use of WIM sensors and other traffic sensors such as radar sensor, infrared sensor, thermal sensor, and LiDAR sensor. The information collected by these sensors are useful for intelligent transportation system (ITS). The growing market for ITS and increased government initiatives to promote ITS and smart transportation are expected to drive this market during the forecast period.

“Market in APAC expected to witness significant growth during the forecast period”
The weigh in motion market in APAC is expected to grow at the highest CAGR during the forecast period. Various countries in APAC, such as China, Japan, and Australia, have started recognizing traffic solution using WIM systems and traffic sensors to curb issues such as traffic congestion, automated toll, vehicle detection, traffic control, and traffic management. The market in APAC has high growth potential. The demand for WIM systems in APAC is significantly driven by the strong economic growth, rise in population, and rapid urbanization.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials in the weigh in motion market. Following is the breakup of the profiles of primary participants for the report:
• By Company Type: Tier 1 = 30%, Tier 2 = 45%, and Tier 3 = 25%
• By Designation: C-Level Executives = 35%, Directors = 45%, and Others = 20%
• By Region: North America = 50%, Europe = 30%, APAC = 10%, South America = 5%, and Middle East & Africa = 5%.

Moreover, the report profiles the key players in the weigh in motion market and analyzes their market ranking. The players profiled in this report are Kapsch TrafficCom (Austria), Q-Free (Norway), International Road Dynamics (Canada), Kistler (Switzerland), SWARCO (Austria), FLIR Systems (US), TE Connectivity (Switzerland), Siemens (Germany), Axis Communication (Sweden), and Raytheon (US), among others.

Research Coverage:
This research report categorizes the weigh in motion market on the basis of component, application, and geography. The report also provides a description of the major drivers, restraints, challenges, and opportunities pertaining to this market, as well as the value chain analysis and market ranking analysis.

Reasons to Buy the Report:
The report would help the leaders/new entrants in the weigh in motion market in the following ways:
1. The report segments the weigh in motion market comprehensively and provides the closest market size estimation for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for the weigh in motion market.
3. The report would help stakeholders understand their competitors better and gain insights to improve their position in the weigh in motion market. The competitive landscape section describes the competitor ecosystem.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • SCOPE OF THE STUDY
      • MARKETS COVERED
    • YEARS CONSIDERED FOR STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE WEIGH IN MOTION MARKET
    • WEIGH IN MOTION MARKET, BY SENSOR TYPE, 2018 VS. 2023 (USD MILLION)
    • WEIGH IN MOTION MARKET IN APAC, BY APPLICATION AND BY COUNTRY
    • WEIGH IN MOTION MARKET, BY GEOGRAPHY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • WEIGH IN MOTION MARKET, BY COMPONENT
    • INTRODUCTION
      • Table WEIGH IN MOTION MARKET, BY COMPONENT, 2015-2023 (USD MILLION)
    • BY HARDWARE
      • Table WEIGH IN MOTION MARKET, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET, BY HARDWARE, 2015-2023 (MILLION UNITS)
      • Table WEIGH IN MOTION MARKET FOR HARDWARE, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET FOR HARDWARE, BY REGION, 2015-2023 (USD MILLION)
      • SENSOR
        • Table WEIGH IN MOTION MARKET FOR HARDWARE, BY SENSOR TYPE, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION SENSOR MARKET, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR PIEZOELECTRIC SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR PIEZOELECTRIC SENSOR, BY TYPE, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR PIEZOELECTRIC CERAMIC SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR PIEZOELECTRIC QUARTZ SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR BENDING PLATE, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR INDUCTIVE LOOP, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR MAGNETIC SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR ACOUSTIC SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR INFRARED SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR IMAGE SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR RADAR SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table WIM MARKET FOR LIDAR SENSOR, BY REGION, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET FOR THERMAL SENSOR, BY REGION, 2015-2023 (USD THOUSAND)
      • CONTROLLER
        • Table WEIGH IN MOTION MARKET FOR CONTROLLER, 2015-2023
        • Table WEIGH IN MOTION MARKET FOR CONTROLLER, BY REGION, 2015-2023 (USD MILLION)
    • WEIGH IN MOTION MARKET, BY SOFTWARE AND SERVICES
      • Table WEIGH IN MOTION MARKET FOR SOFTWARE & SERVICES, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET FOR SOFTWARE & SERVICES, BY REGION, 2015-2023 (USD MILLION)
  • WEIGH IN MOTION MARKET, BY APPLICATION
    • INTRODUCTION
      • Table WEIGH IN MOTION MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
    • VEHICLE PROFILING
      • Table WEIGH IN MOTION MARKET FOR VEHICLE PROFILING, BY REGION, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET FOR VEHICLE PROFILING, BY COMPONENT, 2015-2023 (USD MILLION)
    • AXLE COUNTING
      • Table WEIGH IN MOTION MARKET FOR AXLE COUNTING, BY REGION, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET FOR AXLE COUNTING, BY COMPONENT, 2015-2023 (USD MILLION)
    • WEIGHT ENFORCEMENT
      • Table WEIGH IN MOTION MARKET FOR WEIGHT ENFORCEMENT, BY REGION, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET FOR WEIGHT ENFORCEMENT, BY COMPONENT, 2015-2023 (USD MILLION)
    • WEIGHT-BASED TOLL COLLECTION
      • Table WEIGH IN MOTION MARKET FOR WEIGHT-BASED TOLL COLLECTION, BY REGION, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET FOR WEIGHT-BASED TOLL COLLECTION, BY COMPONENT, 2015-2023 (USD MILLION)
    • TRAFFIC DATA COLLECTION
      • Table WEIGH IN MOTION MARKET FOR TRAFFIC DATA COLLECTION, BY REGION, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET FOR TRAFFIC DATA COLLECTION, BY COMPONENT, 2015-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table WEIGH IN MOTION MARKET, BY REGION, 2015-2023 (USD MILLION)
    • NORTH AMERICA
      • Table WEIGH IN MOTION MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN NORTH AMERICA, BY COMPONENT, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN NORTH AMERICA, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN NORTH AMERICA, BY SENSOR TYPE, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN NORTH AMERICA, BY APPLICATION, 2015-2023 (USD MILLION)
      • US
        • Table WEIGH IN MOTION MARKET IN THE US, BY COMPONENT, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET IN THE US, BY HARDWARE, 2015-2023 (USD MILLION)
        • Table WEIGH IN MOTION MARKET IN THE US, BY APPLICATION, 2015-2023 (USD MILLION)
      • CANADA
      • MEXICO
    • EUROPE
      • Table WEIGH IN MOTION MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN EUROPE, BY COMPONENT, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN EUROPE, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN EUROPE, BY SENSOR TYPE, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN EUROPE, BY APPLICATION, 2015-2023 (USD MILLION)
      • UK
      • GERMANY
      • FRANCE
      • RUSSIA
      • SPAIN
      • ITALY
      • REST OF EUROPE
    • APAC
      • Table WEIGH IN MOTION MARKET IN APAC, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN APAC, BY COMPONENT, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN APAC, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN APAC, BY SENSOR TYPE, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN APAC, BY APPLICATION, 2015-2023 (USD MILLION)
      • CHINA
      • JAPAN
      • AUSTRALIA
      • REST OF APAC
    • ROW
      • Table WEIGH IN MOTION MARKET IN ROW, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN SOUTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN ROW, BY COMPONENT, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN ROW, BY HARDWARE, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN ROW, BY SENSOR TYPE, 2015-2023 (USD MILLION)
      • Table WEIGH IN MOTION MARKET IN ROW, BY APPLICATION, 2015-2023 (USD MILLION)
      • MIDDLE EAST AND AFRICA
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANKING OF PLAYERS, 2017
      • Table RANKING OF TOP 5 PLAYERS IN WEIGH IN MOTION MARKET, 2017
    • COMPETITIVE SCENARIO
      • PRODUCT LAUNCHES
      • PARTNERSHIPS/AGREEMENTS/COLLABORATIONS/CONTRACTS
      • MERGERS & ACQUISITIONS
      • EXPANSIONS
  • COMPANY PROFILES
    • KEY PLAYERS
      • KAPSCH TRAFFICCOM
      • Q-FREE
      • INTERNATIONAL ROAD DYNAMICS
      • KISTLER
      • SWARCO
      • FLIR SYSTEMS
      • TE CONNECTIVITY
      • AXIS COMMUNICATIONS
      • RAYTHEON
      • SIEMENS
    • OTHER COMPANIES
      • SENSYS NETWORKS
      • CROSS ZLÍN
      • INTERCOMP
      • EFKON
      • SICK
      • IMAGE SENSING SYSTEMS
      • TRANSCORE
      • RENO A&E
      • LEDDARTECH
      • ROADSYS
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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