Europe Weigh-In-Motion System Market Size, Share & Industry Trends Analysis Report By Vehicle Speed, By Installation Method (In-road, Bridge, and Onboard), By Technology, By End-use, By Component, By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Weigh-In-Motion System Market would witness market growth of 9.2% CAGR during the forecast period (2022-2028).
By separating potential offenders for static weighing as well as inspection while allowing vehicles of legal weight to proceed without interruption, weigh-in-motion or WIM scales can improve weigh-station operation. While traffic planning systems use WIM technology to monitor traffic, virtual WIM installations on routes that circumvent weigh stations can help to ensure that vehicle load rules are followed. Different laws are enforced by local governments about how frequently trucks must stop at weigh stations.
These devices enable real-time truck weighing while it is moving. Weigh-in-Motion Systems can have quartz piezo sensors or load cell platforms that weigh a tractor-trailer at a specific spot, like a weigh station. Enforcement personnel may follow the trucks as they travel through the facility at weigh stations, for instance. Because operators can separate suspected violators for static weighing and inspection while allowing vehicles of legal weight to continue operating uninterrupted, weigh station operations can become more effective.
Even on routes that avoid weighing stations, Virtual Weigh-in-Motion technology can be implemented to help verify that vehicle-load rules are followed. This kind of technology is also used by traffic planning systems to assist with traffic monitoring. A truck in motion is weighed when weighing in motion.
LCV purchases by businesses have greatly grown in the region. These vehicles are also used to deliver things that were ordered online. A more modern distribution network is increasingly needed as e-commerce expands across Europe. Light commercial trailer manufacturers in Germany generate more trailers than the country requires. As a result, the country exports a lot of trailers. As the demand for commercial vehicles increased, the need for weigh-in-motion systems would rise in the Europe region.
The Germany market dominated the Europe Weigh-In-Motion System Market by Country in 2021; thereby, achieving a market value of $116.6 million by 2028, growing at a CAGR of 7.9 % during the forecast period. The UK market is exhibiting a CAGR of 8.2% during (2022 - 2028). Additionally, The France market would experience a CAGR of 10% during (2022 - 2028).
Based on Vehicle Speed, the market is segmented into Low-speed (<15 km/h), and High-speed (>15 km/h). Based on Installation Method, the market is segmented into In-road, Bridge, and Onboard. Based on Technology, the market is segmented into Bending Plate, Load Cell, Piezoelectric Sensor, and Others. Based on End-use, the market is segmented into Highway Toll & Road Safety, Oil & Refinery, and Logistics & Others. Based on Component, the market is segmented into Hardware, and Software & Services. Based on Application, the market is segmented into Weight-based Toll Collection, Weight Enforcement, Vehicle Profiling, Traffic Data Collection, Bridge Protection, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Weigh-In-Motion System Market will Hit $1.9 Billion by 2028, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TE Connectivity Ltd., Mettler-Toledo International, Inc., Illinois Tools Works, Inc. (Avery Weigh-Tronix, LLC), Kapsch TrafficCom AG, Q-Free ASA, EFKON GmbH (STRABAG SE), International Road Dynamics, Inc. (WiLAN) (Quarterhill Inc.), Kistler Group (Kistler Holding AG), General Electrodynamics Corporation and Ashbee Systems Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Vehicle Speed
- Low speed (<15 km/h)
- High-speed (>15 km/h)
By Installation Method
- Bending Plate
- Load Cell
- Piezoelectric Sensor
- Highway Toll & Road Safety
- Oil & Refinery
- Logistics & Others
- Software & Services
- Weight-based Toll Collection
- Weight Enforcement
- Vehicle Profiling
- Traffic Data Collection
- Bridge Protection
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- TE Connectivity Ltd.
- Mettler-Toledo International, Inc.
- Illinois Tools Works, Inc. (Avery Weigh-Tronix, LLC)
- Kapsch TrafficCom AG
- Q-Free ASA
- EFKON GmbH (STRABAG SE)
- International Road Dynamics, Inc. (WiLAN) (Quarterhill Inc.)
- Kistler Group (Kistler Holding AG)
- General Electrodynamics Corporation
- Ashbee Systems Ltd.
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Global Weigh-In-Motion System Market Report 2022-2028
North America Weigh-In-Motion System Market Report 2022-2028
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