A Weigh-in-Motion (WIM) system is a system that captures and records data such as vehicle weight, vehicle speed, vehicle length, vehicle class, and the number of axles and weight per axle when the vehicle is in motion.
According to the new market research report "Weigh-In-Motion System Market by Type (In-Road, Bridge Weigh, Onboard), Vehicle Speed (Low, High), Component (Hardware, Software & Services), End Use Industry (Highway Toll, Oil & Refinery, Logistics), Sensors, Function, Region - Global Forecast to 2027", Published by MarketsandMarkets(TM), The weigh-in-motion system market is projected to reach
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Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of the market for weigh-in-motion system. Low cost compared with static weigh scale is expected to further fuel the growth of the weigh-in-motion system market.
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The traffic data collection segment is expected to be the fastest-growing segment during the forecast period
The traffic data collection system provides real-time monitoring of specific situations and road areas, such as toll highways, bridges, and underpasses, with the help of dedicated video devices. The system extracts useful information about road mobility and traffic, helps enhance road safety, and gives information to users. Thus, the traffic data collection segment is expected to be the fastest-growing segment during the forecast period.
The in-road weigh-in-motion system segment by type is expected to hold the largest market share in 2020
In the in-road weigh-in-motion system, the sensors are installed beneath the road surface. These sensors capture and record the passing vehicle's information such as weight, length, and class in the data storage system. In-road weigh-in-motion systems help protect roads from overloaded vehicles.
The in-road segment is expected to lead the market during the forecast period as it is the most popular and traditional weigh-in-motion system. In-road WIM systems are widely used in industries such as highway toll, logistics, oil & refinery, and mining.
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The increasing number of megacities and the population growth in developed and developing countries has increased the use of various traffic sensors and weigh-in-motion systems in the
Various countries in the
The outbreak of COVID-19 has impacted the Asian region substantially, and many end-use industries of weigh-in-motion systems are expected to register a decline in growth. According to
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