North America 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 North America Weigh-In-Motion System Market would witness market growth of 8.7% CAGR during the forecast period (2022-2028).
The gross vehicle weight and axle (group) loads, along with other factors like date and time, location, speed, and vehicle class, make up the weight information. This only applies to the specific vehicle in the case of onboard WIM systems. This holds true for the full vehicle traffic flow for in-road WIM systems. The user is given complete knowledge of the loading of big freight vehicles thanks to this weight information.
Since this information is more accurate than that provided by earlier technologies, it is simpler, for instance, to match heavy-duty vehicles with the road and rail infrastructure. Pavement design and evaluation may be the most typical road deployment of WIM data. Weight overload enforcement is frequently facilitated by the use of weigh-in motion scales. Both conventional roadside inspection stations and virtual inspection stations can use weigh-in-motion devices.
Over 38 million people lived in Canada in 2020, and there were almost 26 million registered vehicles. There were 1,746 fatalities and approximately 104,286 injured people as a result of the crashes involving these cars. Approximately 285 injured people and 5 fatalities per day were reported on Canadian roadways in 2020. According to the Road Safety Strategy 2025, guiding concepts, major risk groups, contributing elements, and best practices are identified. Owing to all these elements, the market for weigh-in-motion systems is predicted to have significant growth in the North America region.
The US market dominated the North America Weigh-In-Motion System Market by Country in 2021; thereby, achieving a market value of $410.4 million by 2028. The Canada market is experiencing a CAGR of 11.2% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 10.2% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Weigh-In-Motion System Market is Predict to reach $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
- In-road
- Bridge
- Onboard
By Technology
- Bending Plate
- Load Cell
- Piezoelectric Sensor
- Others
By End-use
- Highway Toll & Road Safety
- Oil & Refinery
- Logistics & Others
By Component
- Hardware
- Software & Services
By Application
- Weight-based Toll Collection
- Weight Enforcement
- Vehicle Profiling
- Traffic Data Collection
- Bridge Protection
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
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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