Weigh in motion is referred to as a system which is measured for the axle loads of vehicles, while trucks pass over installed sensors. It is also known as weighing-in-motion (WIM) devices. It has a vehicle scales which provide gross weights without affecting the flow of traffic and a cost-effective means of measuring truck axle. It has various benefits such as it provides road safety, road management, overload vehicles enforcement, cost reduction, traffic monitoring and analysis.
MARKET SCOPE
The "Global Weigh-In-Motion (WIM) Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the weigh-in-motion (WIM) with detailed market segmentation by vehicle speed, type, end use industry, function, component, and sensor type and geography. The report provides key statistics on the market status of the leading luxury coach players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on vehicle speed, the global weigh-in-motion (WIM) is segmented into low-speed, and high-speed.
- On the basis of type, the market is segmented in-road system, weigh bridge system, onboard system.
- Based on end use industry, the market is bifurcated into logistics, oil and refinery, other.
- On the basis of function, the market is vehicle profiling, axle counting, weight enforcement, weight-based toll collection, traffic data collection.
- On the basis of component, the market is segmented hardware, software, and services.
- On the basis of sensor type, the market is segmented image sensor, piezoelectric sensor, bending plate, inductive loop, magnetic sensor, acoustic sensor, infrared sensor, radar sensor, lidar sensor and thermal sensor.
MARKET DYNAMICS
Drivers:
- Low cost and increasing traffic congestion Implementation of stringent emission regulations in North America
- government regulations towards intelligent transportation growth in public-private partnership
Restraints
- Lack of standardized and uniform technologies
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The weigh-in-motion (WIM) by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the weigh-in-motion (WIM) in these regions.
IMPACT OF COVID-19 ON WEIGH-IN-MOTION (WIM)
The demand for weigh-in-motion systems is completely dependent on the growth of the end-use industries like highway toll, oil & refinery, and logistics. The COVID-19 has impacted the end-use industries in 2020 and has decreased the revenue generation substantially all over the world. According to the International Energy Agency, the global demand for oil reduced from 90,000 barrels a day in 2019 to 99.9 million barrels a day in 2020. The high cost of installing weigh-in-motion systems, combined with the declining revenue generation by end-use industries, is expected to hinder the market growth of weigh-in-motion systems. However, vaccine rollouts, easing of lockdowns, resumption of economic and social activities supported by the strong traffic in 2021 are expected to propel the market.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The weigh-in-motion (WIM) by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the weigh-in-motion (WIM) in these regions.
IMPACT OF COVID-19 ON WEIGH-IN-MOTION (WIM)
The demand for weigh-in-motion systems is completely dependent on the growth of the end-use industries like highway toll, oil & refinery, and logistics. The COVID-19 has impacted the end-use industries in 2020 and has decreased the revenue generation substantially all over the world. According to the International Energy Agency, the global demand for oil reduced from 90,000 barrels a day in 2019 to 99.9 million barrels a day in 2020. The high cost of installing weigh-in-motion systems, combined with the declining revenue generation by end-use industries, is expected to hinder the market growth of weigh-in-motion systems. However, vaccine rollouts, easing of lockdowns, resumption of economic and social activities supported by the strong traffic in 2021 are expected to propel the market.
MARKET PLAYERS
The report covers key developments in the weigh-in-motion (WIM) as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from weigh-in-motion (WIM) are anticipated to lucrative growth opportunities in the future with the rising demand for weigh-in-motion (WIM) in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the weigh-in-motion (WIM). In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Avery Weigh-Tronix
- Axis Communications AB.
- EFKON GmbH
- International Road Dynamics Inc.
- Kapsch
- Kistler Group
- METTLER TOLEDO
- Q-Free
- TE Connectivity
- TransCore
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Weigh-In-Motion (WIM) Market - By Vehicle Speed
1.3.2 Weigh-In-Motion (WIM) Market - By Type
1.3.3 Weigh-In-Motion (WIM) Market - By End Use Industry
1.3.4 Weigh-In-Motion (WIM) Market - By Function
1.3.5 Weigh-In-Motion (WIM) Market - By Component
1.3.6 Weigh-In-Motion (WIM) Market - By Sensor Type
1.3.7 Weigh-In-Motion (WIM) Market - By Region
1.3.7.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. WEIGH-IN-MOTION (WIM) MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. WEIGH-IN-MOTION (WIM) MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. WEIGH-IN-MOTION (WIM) MARKET - GLOBAL MARKET ANALYSIS
6.1. WEIGH-IN-MOTION (WIM) - GLOBAL MARKET OVERVIEW
6.2. WEIGH-IN-MOTION (WIM) - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. WEIGH-IN-MOTION (WIM) MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE SPEED
7.1. OVERVIEW
7.2. VEHICLE SPEED MARKET FORECASTS AND ANALYSIS
7.3. LOW-SPEED
7.3.1. Overview
7.3.2. Low-Speed Market Forecast and Analysis
8. WEIGH-IN-MOTION (WIM) MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. IN-ROAD SYSTEM
8.3.1. Overview
8.3.2. In-Road System Market Forecast and Analysis
8.4. WEIGH BRIDGE SYSTEM
8.4.1. Overview
8.4.2. Weigh Bridge System Market Forecast and Analysis
8.5. ONBOARD SYSTEM
8.5.1. Overview
8.5.2. Onboard System Market Forecast and Analysis
9. WEIGH-IN-MOTION (WIM) MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
9.1. OVERVIEW
9.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
9.3. LOGISTICS
9.3.1. Overview
9.3.2. Logistics Market Forecast and Analysis
9.4. OIL AND REFINERY
9.4.1. Overview
9.4.2. Oil and Refinery Market Forecast and Analysis
9.5. OTHERS
9.5.1. Overview
9.5.2. Others Market Forecast and Analysis
10. WEIGH-IN-MOTION (WIM) MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTION
10.1. OVERVIEW
10.2. FUNCTION MARKET FORECASTS AND ANALYSIS
10.3. VEHICLE PROFILING
10.3.1. Overview
10.3.2. Vehicle Profiling Market Forecast and Analysis
10.4. AXLE COUNTING
10.4.1. Overview
10.4.2. Axle Counting Market Forecast and Analysis
10.5. WEIGHT ENFORCEMENT
10.5.1. Overview
10.5.2. Weight Enforcement Market Forecast and Analysis
10.6. WEIGHT-BASED TOLL COLLECTION
10.6.1. Overview
10.6.2. Weight-Based Toll Collection Market Forecast and Analysis
10.7. TRAFFIC DATA COLLECTION
10.7.1. Overview
10.7.2. Traffic Data Collection Market Forecast and Analysis
11. WEIGH-IN-MOTION (WIM) MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
11.1. OVERVIEW
11.2. COMPONENT MARKET FORECASTS AND ANALYSIS
11.3. HARDWARE
11.3.1. Overview
11.3.2. Hardware Market Forecast and Analysis
11.4. SOFTWARE AND SERVICES
11.4.1. Overview
11.4.2. Software and Services Market Forecast and Analysis
12. WEIGH-IN-MOTION (WIM) MARKET - REVENUE AND FORECASTS TO 2028 - SENSOR TYPE
12.1. OVERVIEW
12.2. SENSOR TYPE MARKET FORECASTS AND ANALYSIS
12.3. SENSOR TYPE (IMAGE SENSOR
12.3.1. Overview
12.3.2. Sensor Type (Image Sensor Market Forecast and Analysis
12.4. PIEZOELECTRIC SENSOR
12.4.1. Overview
12.4.2. Piezoelectric Sensor Market Forecast and Analysis
12.5. BENDING PLATE
12.5.1. Overview
12.5.2. Bending Plate Market Forecast and Analysis
12.6. INDUCTIVE LOOP
12.6.1. Overview
12.6.2. Inductive Loop Market Forecast and Analysis
12.7. MAGNETIC SENSOR
12.7.1. Overview
12.7.2. Magnetic Sensor Market Forecast and Analysis
12.8. ACOUSTIC SENSOR
12.8.1. Overview
12.8.2. Acoustic Sensor Market Forecast and Analysis
12.9. INFRARED SENSOR
12.9.1. Overview
12.9.2. Infrared Sensor Market Forecast and Analysis
12.10. RADAR SENSOR
12.10.1. Overview
12.10.2. Radar Sensor Market Forecast and Analysis
12.11. LIDAR SENSOR AND THERMAL SENSOR
12.11.1. Overview
12.11.2. Lidar Sensor and Thermal Sensor Market Forecast and Analysis
13. WEIGH-IN-MOTION (WIM) MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
13.1. NORTH AMERICA
13.1.1 North America Weigh-In-Motion (WIM) Market Overview
13.1.2 North America Weigh-In-Motion (WIM) Market Forecasts and Analysis
13.1.3 North America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Vehicle Speed
13.1.4 North America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Type
13.1.5 North America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By End Use Industry
13.1.6 North America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Function
13.1.7 North America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Component
13.1.8 North America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Sensor Type
13.1.9 North America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Countries
13.1.9.1 United States Weigh-In-Motion (WIM) Market
13.1.9.1.1 United States Weigh-In-Motion (WIM) Market by Vehicle Speed
13.1.9.1.2 United States Weigh-In-Motion (WIM) Market by Type
13.1.9.1.3 United States Weigh-In-Motion (WIM) Market by End Use Industry
13.1.9.1.4 United States Weigh-In-Motion (WIM) Market by Function
13.1.9.1.5 United States Weigh-In-Motion (WIM) Market by Component
13.1.9.1.6 United States Weigh-In-Motion (WIM) Market by Sensor Type
13.1.9.2 Canada Weigh-In-Motion (WIM) Market
13.1.9.2.1 Canada Weigh-In-Motion (WIM) Market by Vehicle Speed
13.1.9.2.2 Canada Weigh-In-Motion (WIM) Market by Type
13.1.9.2.3 Canada Weigh-In-Motion (WIM) Market by End Use Industry
13.1.9.2.4 Canada Weigh-In-Motion (WIM) Market by Function
13.1.9.2.5 Canada Weigh-In-Motion (WIM) Market by Component
13.1.9.2.6 Canada Weigh-In-Motion (WIM) Market by Sensor Type
13.1.9.3 Mexico Weigh-In-Motion (WIM) Market
13.1.9.3.1 Mexico Weigh-In-Motion (WIM) Market by Vehicle Speed
13.1.9.3.2 Mexico Weigh-In-Motion (WIM) Market by Type
13.1.9.3.3 Mexico Weigh-In-Motion (WIM) Market by End Use Industry
13.1.9.3.4 Mexico Weigh-In-Motion (WIM) Market by Function
13.1.9.3.5 Mexico Weigh-In-Motion (WIM) Market by Component
13.1.9.3.6 Mexico Weigh-In-Motion (WIM) Market by Sensor Type
13.2. EUROPE
13.2.1 Europe Weigh-In-Motion (WIM) Market Overview
13.2.2 Europe Weigh-In-Motion (WIM) Market Forecasts and Analysis
13.2.3 Europe Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Vehicle Speed
13.2.4 Europe Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Type
13.2.5 Europe Weigh-In-Motion (WIM) Market Forecasts and Analysis - By End Use Industry
13.2.6 Europe Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Function
13.2.7 Europe Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Component
13.2.8 Europe Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Sensor Type
13.2.9 Europe Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Countries
13.2.9.1 Germany Weigh-In-Motion (WIM) Market
13.2.9.1.1 Germany Weigh-In-Motion (WIM) Market by Vehicle Speed
13.2.9.1.2 Germany Weigh-In-Motion (WIM) Market by Type
13.2.9.1.3 Germany Weigh-In-Motion (WIM) Market by End Use Industry
13.2.9.1.4 Germany Weigh-In-Motion (WIM) Market by Function
13.2.9.1.5 Germany Weigh-In-Motion (WIM) Market by Component
13.2.9.1.6 Germany Weigh-In-Motion (WIM) Market by Sensor Type
13.2.9.2 France Weigh-In-Motion (WIM) Market
13.2.9.2.1 France Weigh-In-Motion (WIM) Market by Vehicle Speed
13.2.9.2.2 France Weigh-In-Motion (WIM) Market by Type
13.2.9.2.3 France Weigh-In-Motion (WIM) Market by End Use Industry
13.2.9.2.4 France Weigh-In-Motion (WIM) Market by Function
13.2.9.2.5 France Weigh-In-Motion (WIM) Market by Component
13.2.9.2.6 France Weigh-In-Motion (WIM) Market by Sensor Type
13.2.9.3 Italy Weigh-In-Motion (WIM) Market
13.2.9.3.1 Italy Weigh-In-Motion (WIM) Market by Vehicle Speed
13.2.9.3.2 Italy Weigh-In-Motion (WIM) Market by Type
13.2.9.3.3 Italy Weigh-In-Motion (WIM) Market by End Use Industry
13.2.9.3.4 Italy Weigh-In-Motion (WIM) Market by Function
13.2.9.3.5 Italy Weigh-In-Motion (WIM) Market by Component
13.2.9.3.6 Italy Weigh-In-Motion (WIM) Market by Sensor Type
13.2.9.4 Spain Weigh-In-Motion (WIM) Market
13.2.9.4.1 Spain Weigh-In-Motion (WIM) Market by Vehicle Speed
13.2.9.4.2 Spain Weigh-In-Motion (WIM) Market by Type
13.2.9.4.3 Spain Weigh-In-Motion (WIM) Market by End Use Industry
13.2.9.4.4 Spain Weigh-In-Motion (WIM) Market by Function
13.2.9.4.5 Spain Weigh-In-Motion (WIM) Market by Component
13.2.9.4.6 Spain Weigh-In-Motion (WIM) Market by Sensor Type
13.2.9.5 United Kingdom Weigh-In-Motion (WIM) Market
13.2.9.5.1 United Kingdom Weigh-In-Motion (WIM) Market by Vehicle Speed
13.2.9.5.2 United Kingdom Weigh-In-Motion (WIM) Market by Type
13.2.9.5.3 United Kingdom Weigh-In-Motion (WIM) Market by End Use Industry
13.2.9.5.4 United Kingdom Weigh-In-Motion (WIM) Market by Function
13.2.9.5.5 United Kingdom Weigh-In-Motion (WIM) Market by Component
13.2.9.5.6 United Kingdom Weigh-In-Motion (WIM) Market by Sensor Type
13.2.9.6 Russia Weigh-In-Motion (WIM) Market
13.2.9.6.1 Russia Weigh-In-Motion (WIM) Market by Vehicle Speed
13.2.9.6.2 Russia Weigh-In-Motion (WIM) Market by Type
13.2.9.6.3 Russia Weigh-In-Motion (WIM) Market by End Use Industry
13.2.9.6.4 Russia Weigh-In-Motion (WIM) Market by Function
13.2.9.6.5 Russia Weigh-In-Motion (WIM) Market by Component
13.2.9.6.6 Russia Weigh-In-Motion (WIM) Market by Sensor Type
13.2.9.7 Rest of Europe Weigh-In-Motion (WIM) Market
13.2.9.7.1 Rest of Europe Weigh-In-Motion (WIM) Market by Vehicle Speed
13.2.9.7.2 Rest of Europe Weigh-In-Motion (WIM) Market by Type
13.2.9.7.3 Rest of Europe Weigh-In-Motion (WIM) Market by End Use Industry
13.2.9.7.4 Rest of Europe Weigh-In-Motion (WIM) Market by Function
13.2.9.7.5 Rest of Europe Weigh-In-Motion (WIM) Market by Component
13.2.9.7.6 Rest of Europe Weigh-In-Motion (WIM) Market by Sensor Type
13.3. ASIA-PACIFIC
13.3.1 Asia-Pacific Weigh-In-Motion (WIM) Market Overview
13.3.2 Asia-Pacific Weigh-In-Motion (WIM) Market Forecasts and Analysis
13.3.3 Asia-Pacific Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Vehicle Speed
13.3.4 Asia-Pacific Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Type
13.3.5 Asia-Pacific Weigh-In-Motion (WIM) Market Forecasts and Analysis - By End Use Industry
13.3.6 Asia-Pacific Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Function
13.3.7 Asia-Pacific Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Component
13.3.8 Asia-Pacific Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Sensor Type
13.3.9 Asia-Pacific Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Countries
13.3.9.1 Australia Weigh-In-Motion (WIM) Market
13.3.9.1.1 Australia Weigh-In-Motion (WIM) Market by Vehicle Speed
13.3.9.1.2 Australia Weigh-In-Motion (WIM) Market by Type
13.3.9.1.3 Australia Weigh-In-Motion (WIM) Market by End Use Industry
13.3.9.1.4 Australia Weigh-In-Motion (WIM) Market by Function
13.3.9.1.5 Australia Weigh-In-Motion (WIM) Market by Component
13.3.9.1.6 Australia Weigh-In-Motion (WIM) Market by Sensor Type
13.3.9.2 China Weigh-In-Motion (WIM) Market
13.3.9.2.1 China Weigh-In-Motion (WIM) Market by Vehicle Speed
13.3.9.2.2 China Weigh-In-Motion (WIM) Market by Type
13.3.9.2.3 China Weigh-In-Motion (WIM) Market by End Use Industry
13.3.9.2.4 China Weigh-In-Motion (WIM) Market by Function
13.3.9.2.5 China Weigh-In-Motion (WIM) Market by Component
13.3.9.2.6 China Weigh-In-Motion (WIM) Market by Sensor Type
13.3.9.3 India Weigh-In-Motion (WIM) Market
13.3.9.3.1 India Weigh-In-Motion (WIM) Market by Vehicle Speed
13.3.9.3.2 India Weigh-In-Motion (WIM) Market by Type
13.3.9.3.3 India Weigh-In-Motion (WIM) Market by End Use Industry
13.3.9.3.4 India Weigh-In-Motion (WIM) Market by Function
13.3.9.3.5 India Weigh-In-Motion (WIM) Market by Component
13.3.9.3.6 India Weigh-In-Motion (WIM) Market by Sensor Type
13.3.9.4 Japan Weigh-In-Motion (WIM) Market
13.3.9.4.1 Japan Weigh-In-Motion (WIM) Market by Vehicle Speed
13.3.9.4.2 Japan Weigh-In-Motion (WIM) Market by Type
13.3.9.4.3 Japan Weigh-In-Motion (WIM) Market by End Use Industry
13.3.9.4.4 Japan Weigh-In-Motion (WIM) Market by Function
13.3.9.4.5 Japan Weigh-In-Motion (WIM) Market by Component
13.3.9.4.6 Japan Weigh-In-Motion (WIM) Market by Sensor Type
13.3.9.5 South Korea Weigh-In-Motion (WIM) Market
13.3.9.5.1 South Korea Weigh-In-Motion (WIM) Market by Vehicle Speed
13.3.9.5.2 South Korea Weigh-In-Motion (WIM) Market by Type
13.3.9.5.3 South Korea Weigh-In-Motion (WIM) Market by End Use Industry
13.3.9.5.4 South Korea Weigh-In-Motion (WIM) Market by Function
13.3.9.5.5 South Korea Weigh-In-Motion (WIM) Market by Component
13.3.9.5.6 South Korea Weigh-In-Motion (WIM) Market by Sensor Type
13.3.9.6 Rest of Asia-Pacific Weigh-In-Motion (WIM) Market
13.3.9.6.1 Rest of Asia-Pacific Weigh-In-Motion (WIM) Market by Vehicle Speed
13.3.9.6.2 Rest of Asia-Pacific Weigh-In-Motion (WIM) Market by Type
13.3.9.6.3 Rest of Asia-Pacific Weigh-In-Motion (WIM) Market by End Use Industry
13.3.9.6.4 Rest of Asia-Pacific Weigh-In-Motion (WIM) Market by Function
13.3.9.6.5 Rest of Asia-Pacific Weigh-In-Motion (WIM) Market by Component
13.3.9.6.6 Rest of Asia-Pacific Weigh-In-Motion (WIM) Market by Sensor Type
13.4. MIDDLE EAST AND AFRICA
13.4.1 Middle East and Africa Weigh-In-Motion (WIM) Market Overview
13.4.2 Middle East and Africa Weigh-In-Motion (WIM) Market Forecasts and Analysis
13.4.3 Middle East and Africa Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Vehicle Speed
13.4.4 Middle East and Africa Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Type
13.4.5 Middle East and Africa Weigh-In-Motion (WIM) Market Forecasts and Analysis - By End Use Industry
13.4.6 Middle East and Africa Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Function
13.4.7 Middle East and Africa Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Component
13.4.8 Middle East and Africa Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Sensor Type
13.4.9 Middle East and Africa Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Countries
13.4.9.1 South Africa Weigh-In-Motion (WIM) Market
13.4.9.1.1 South Africa Weigh-In-Motion (WIM) Market by Vehicle Speed
13.4.9.1.2 South Africa Weigh-In-Motion (WIM) Market by Type
13.4.9.1.3 South Africa Weigh-In-Motion (WIM) Market by End Use Industry
13.4.9.1.4 South Africa Weigh-In-Motion (WIM) Market by Function
13.4.9.1.5 South Africa Weigh-In-Motion (WIM) Market by Component
13.4.9.1.6 South Africa Weigh-In-Motion (WIM) Market by Sensor Type
13.4.9.2 Saudi Arabia Weigh-In-Motion (WIM) Market
13.4.9.2.1 Saudi Arabia Weigh-In-Motion (WIM) Market by Vehicle Speed
13.4.9.2.2 Saudi Arabia Weigh-In-Motion (WIM) Market by Type
13.4.9.2.3 Saudi Arabia Weigh-In-Motion (WIM) Market by End Use Industry
13.4.9.2.4 Saudi Arabia Weigh-In-Motion (WIM) Market by Function
13.4.9.2.5 Saudi Arabia Weigh-In-Motion (WIM) Market by Component
13.4.9.2.6 Saudi Arabia Weigh-In-Motion (WIM) Market by Sensor Type
13.4.9.3 U.A.E Weigh-In-Motion (WIM) Market
13.4.9.3.1 U.A.E Weigh-In-Motion (WIM) Market by Vehicle Speed
13.4.9.3.2 U.A.E Weigh-In-Motion (WIM) Market by Type
13.4.9.3.3 U.A.E Weigh-In-Motion (WIM) Market by End Use Industry
13.4.9.3.4 U.A.E Weigh-In-Motion (WIM) Market by Function
13.4.9.3.5 U.A.E Weigh-In-Motion (WIM) Market by Component
13.4.9.3.6 U.A.E Weigh-In-Motion (WIM) Market by Sensor Type
13.4.9.4 Rest of Middle East and Africa Weigh-In-Motion (WIM) Market
13.4.9.4.1 Rest of Middle East and Africa Weigh-In-Motion (WIM) Market by Vehicle Speed
13.4.9.4.2 Rest of Middle East and Africa Weigh-In-Motion (WIM) Market by Type
13.4.9.4.3 Rest of Middle East and Africa Weigh-In-Motion (WIM) Market by End Use Industry
13.4.9.4.4 Rest of Middle East and Africa Weigh-In-Motion (WIM) Market by Function
13.4.9.4.5 Rest of Middle East and Africa Weigh-In-Motion (WIM) Market by Component
13.4.9.4.6 Rest of Middle East and Africa Weigh-In-Motion (WIM) Market by Sensor Type
13.5. SOUTH AND CENTRAL AMERICA
13.5.1 South and Central America Weigh-In-Motion (WIM) Market Overview
13.5.2 South and Central America Weigh-In-Motion (WIM) Market Forecasts and Analysis
13.5.3 South and Central America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Vehicle Speed
13.5.4 South and Central America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Type
13.5.5 South and Central America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By End Use Industry
13.5.6 South and Central America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Function
13.5.7 South and Central America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Component
13.5.8 South and Central America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Sensor Type
13.5.9 South and Central America Weigh-In-Motion (WIM) Market Forecasts and Analysis - By Countries
13.5.9.1 Brazil Weigh-In-Motion (WIM) Market
13.5.9.1.1 Brazil Weigh-In-Motion (WIM) Market by Vehicle Speed
13.5.9.1.2 Brazil Weigh-In-Motion (WIM) Market by Type
13.5.9.1.3 Brazil Weigh-In-Motion (WIM) Market by End Use Industry
13.5.9.1.4 Brazil Weigh-In-Motion (WIM) Market by Function
13.5.9.1.5 Brazil Weigh-In-Motion (WIM) Market by Component
13.5.9.1.6 Brazil Weigh-In-Motion (WIM) Market by Sensor Type
13.5.9.2 Argentina Weigh-In-Motion (WIM) Market
13.5.9.2.1 Argentina Weigh-In-Motion (WIM) Market by Vehicle Speed
13.5.9.2.2 Argentina Weigh-In-Motion (WIM) Market by Type
13.5.9.2.3 Argentina Weigh-In-Motion (WIM) Market by End Use Industry
13.5.9.2.4 Argentina Weigh-In-Motion (WIM) Market by Function
13.5.9.2.5 Argentina Weigh-In-Motion (WIM) Market by Component
13.5.9.2.6 Argentina Weigh-In-Motion (WIM) Market by Sensor Type
13.5.9.3 Rest of South and Central America Weigh-In-Motion (WIM) Market
13.5.9.3.1 Rest of South and Central America Weigh-In-Motion (WIM) Market by Vehicle Speed
13.5.9.3.2 Rest of South and Central America Weigh-In-Motion (WIM) Market by Type
13.5.9.3.3 Rest of South and Central America Weigh-In-Motion (WIM) Market by End Use Industry
13.5.9.3.4 Rest of South and Central America Weigh-In-Motion (WIM) Market by Function
13.5.9.3.5 Rest of South and Central America Weigh-In-Motion (WIM) Market by Component
13.5.9.3.6 Rest of South and Central America Weigh-In-Motion (WIM) Market by Sensor Type
14. INDUSTRY LANDSCAPE
14.1. MERGERS AND ACQUISITIONS
14.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
14.3. NEW PRODUCT LAUNCHES
14.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
15. WEIGH-IN-MOTION (WIM) MARKET, KEY COMPANY PROFILES
15.1. AXIS COMMUNICATIONS AB.
15.1.1. Key Facts
15.1.2. Business Description
15.1.3. Products and Services
15.1.4. Financial Overview
15.1.5. SWOT Analysis
15.1.6. Key Developments
15.2. AVERY WEIGH-TRONIX
15.2.1. Key Facts
15.2.2. Business Description
15.2.3. Products and Services
15.2.4. Financial Overview
15.2.5. SWOT Analysis
15.2.6. Key Developments
15.3. EFKON INDIA PVT. LTD.
15.3.1. Key Facts
15.3.2. Business Description
15.3.3. Products and Services
15.3.4. Financial Overview
15.3.5. SWOT Analysis
15.3.6. Key Developments
15.4. INTERNATIONAL ROAD DYNAMICS INC.
15.4.1. Key Facts
15.4.2. Business Description
15.4.3. Products and Services
15.4.4. Financial Overview
15.4.5. SWOT Analysis
15.4.6. Key Developments
15.5. KAPSCH
15.5.1. Key Facts
15.5.2. Business Description
15.5.3. Products and Services
15.5.4. Financial Overview
15.5.5. SWOT Analysis
15.5.6. Key Developments
15.6. KISTLER GROUP
15.6.1. Key Facts
15.6.2. Business Description
15.6.3. Products and Services
15.6.4. Financial Overview
15.6.5. SWOT Analysis
15.6.6. Key Developments
15.7. METTLER TOLEDO
15.7.1. Key Facts
15.7.2. Business Description
15.7.3. Products and Services
15.7.4. Financial Overview
15.7.5. SWOT Analysis
15.7.6. Key Developments
15.8. TE CONNECTIVITY
15.8.1. Key Facts
15.8.2. Business Description
15.8.3. Products and Services
15.8.4. Financial Overview
15.8.5. SWOT Analysis
15.8.6. Key Developments
15.9. TRANSCORE
15.9.1. Key Facts
15.9.2. Business Description
15.9.3. Products and Services
15.9.4. Financial Overview
15.9.5. SWOT Analysis
15.9.6. Key Developments
15.10. TRANSCORE
15.10.1. Key Facts
15.10.2. Business Description
15.10.3. Products and Services
15.10.4. Financial Overview
15.10.5. SWOT Analysis
15.10.6. Key Developments
16. APPENDIX
16.1. ABOUT THE INSIGHT PARTNERS
16.2. GLOSSARY OF TERMS
1. Axis Communications AB.
2. Avery Weigh-Tronix
3. EFKON India Pvt. Ltd.
4. International Road Dynamics Inc.
5. Kapsch
6. Kistler Group
7. METTLER TOLEDO
8. TE Connectivity
9. TransCore
10. TransCore
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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