Weigh-In-Motion System Market by Component, Technology, Vehicle Speed, Installation, Function, End User - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

Description

List of Tables

The Global Weigh-In-Motion System Market is forecasted to grow significantly, with a projected USD 1,139.78 million in 2023 at a CAGR of 11.10% and expected to reach a staggering USD 2,400.83 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Weigh-In-Motion System Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Weigh-In-Motion System Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Component, market is studied across Hardware and Software & Services. The Hardware commanded largest market share of 70.12% in 2022, followed by Software & Services.

Based on Technology, market is studied across Bending Plate, Load Cell, Piezoelectric Sensor, and Strain Gauge Strip. The Piezoelectric Sensor commanded largest market share of 34.12% in 2022, followed by Bending Plate.

Based on Vehicle Speed, market is studied across High Speed (>15 km/hr) and Low Speed (15 km/hr).

Based on Installation, market is studied across Onboard System, Pavement/In-road System, and Weighbridge System. The Onboard System commanded largest market share of 38.11% in 2022, followed by Weighbridge System.

Based on Function, market is studied across Axle Counting, Traffic Data Collection, Vehicle Profiling, Weight Enforcement, and Weight-Based Toll Collection. The Weight-Based Toll Collection commanded largest market share of 32.50% in 2022, followed by Weight Enforcement.

Based on End User, market is studied across Agriculture, Aviation, Oil & Refinery, Ports & Logistic Hubs, Process Industries, Railways, and Roadways. The Roadways commanded largest market share of 32.12% in 2022, followed by Ports & Logistic Hubs.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.45% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Weigh-In-Motion System Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Weigh-In-Motion System Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Weigh-In-Motion System Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Weigh-In-Motion System Market?

4. What is the competitive strategic window for opportunities in the Global Weigh-In-Motion System Market?

5. What are the technology trends and regulatory frameworks in the Global Weigh-In-Motion System Market?

6. What is the market share of the leading vendors in the Global Weigh-In-Motion System Market?

7. What modes and strategic moves are considered suitable for entering the Global Weigh-In-Motion System Market?

Product Code: MRR-FD3F12D53358

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Weigh-In-Motion System Market, by Component, 2022 vs 2030
4.3. Weigh-In-Motion System Market, by Technology, 2022 vs 2030
4.4. Weigh-In-Motion System Market, by Vehicle Speed, 2022 vs 2030
4.5. Weigh-In-Motion System Market, by Installation, 2022 vs 2030
4.6. Weigh-In-Motion System Market, by Function, 2022 vs 2030
4.7. Weigh-In-Motion System Market, by End User, 2022 vs 2030
4.8. Weigh-In-Motion System Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Exponential rise in road freight traffic and need for highway and bridge infrastructure protection
  - 5.1.1.2. Government inclination toward traffic management systems and automated license plate recognition
  - 5.1.1.3. Use of the weighing-in-motion wireless system for sustainable railway transport
- 5.1.2. Restraints
  - 5.1.2.1. Limitations associated with the system effectiveness and accuracy
- 5.1.3. Opportunities
  - 5.1.3.1. Emergence of intelligent weigh-in-motion systems and advancements in strip sensors
  - 5.1.3.2. Growing public and private investments in smart city development
- 5.1.4. Challenges
  - 5.1.4.1. Stringent standards and requirements for weigh-in-motion systems
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Weigh-In-Motion System Market, by Component

6.1. Introduction
6.2. Hardware
6.3. Software & Services

7. Weigh-In-Motion System Market, by Technology

7.1. Introduction
7.2. Bending Plate
7.3. Load Cell
7.4. Piezoelectric Sensor
7.5. Strain Gauge Strip

8. Weigh-In-Motion System Market, by Vehicle Speed

8.1. Introduction
8.2. High Speed (>15 km/hr)
8.3. Low Speed (<15 Km/hr)

9. Weigh-In-Motion System Market, by Installation

9.1. Introduction
9.2. Onboard System
9.3. Pavement/In-road System
9.4. Weighbridge System

10. Weigh-In-Motion System Market, by Function

10.1. Introduction
10.2. Axle Counting
10.3. Traffic Data Collection
10.4. Vehicle Profiling
10.5. Weight Enforcement
10.6. Weight-Based Toll Collection

11. Weigh-In-Motion System Market, by End User

11.1. Introduction
11.2. Agriculture
11.3. Aviation
11.4. Oil & Refinery
11.5. Ports & Logistic Hubs
11.6. Process Industries
11.7. Railways
11.8. Roadways

12. Americas Weigh-In-Motion System Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Weigh-In-Motion System Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Weigh-In-Motion System Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
- 15.3.1. Merger & Acquisition
  - 15.3.1.1. Cardinal Scale Acquires Belt Way Scales
- 15.3.2. New Product Launch & Enhancement
  - 15.3.2.1. Kistler presents world's most accurate Weigh In Motion system at Intertraffic 2022
  - 15.3.2.2. Intercomp Announces Release of Ultra-Low Profile Portable Weigh-In-Motion Scales
- 15.3.3. Award, Recognition, & Expansion
  - 15.3.3.1. IRD Announces USD 2.2 Million Weigh Station Contract from the State of Idaho
  - 15.3.3.2. IRD Awarded USD 1.2 Million Weigh-In-Motion Project for Illinois Tollway
  - 15.3.3.3. Intercomp WIM Sensors in Ukraine for VWIM Stations

16. List of Company Mentioned

17. Appendix

17.1. Discussion Guide
17.2. License & Pricing