01 Growing Petroleum and Logistics Industry in the Region End-use industries for Weigh in Motion Systems, such as oil and gas, highway tolls, and logistics, are rapidly growing in the Asia Pacific area. The Asian Oil and Gas industry is large, processing millions of litres of crude oil, and the demand for weigh-in-motion systems is entirely dependent on the growth of end-use businesses such as highway tolls, oil and refineries, and logistics. As a result, the expansion of these businesses will raise demand for WIM in the region.
02 Increasing Applications in Railways Smart rolling stock and infrastructure management with a single system: the new Rail Weigh in Motion (WIM) system provides accurate and reliable weight measurements from wheel load to train weight – as well as a full range of additional traffic and train condition data based on integrated algorithms. Safety in Operations (derailment prevention, train weight verification, train spacing, speed monitoring, and bridge protection, among other things), Preventive Maintenance (infrastructure wear and tear, rolling stock condition monitoring), and Compliance are some of its applications (overload, wheel defects, incorrect weight declaration and incorrect train length) and this is expected to drive WIM market towards growth in Asian Pacific region having large rail network specifically in India and China.
01 High Initial Investments There is a high initial investment required to purchasing and installation of the Weigh in Motion System as compared to traditional weighing methods. The market for Weigh in Motion systems is projected to be hampered by high initial expenditures and stringent installation requirements for nonintrusive sensors in the Asian Pacific market.
01 Increased Investment in Smart Cities A smart city is a concept that combines data analysis and smart technologies to improve city function, operational efficiency, and economic growth. Thanks to a collection of big-data apps and methods, a city's data can be utilised to locate and staff police in high-risk areas. People are adopting innovative approaches to make life more productive, controllable, economical, integrated, sustainable, and efficient, leading in an increase in smart city investment. In recent years, many governments around the region have implemented smart city projects in order to boost economic growth. In the Asian Pacific region, transportation demand management (TDM) is a critical component of smart city and smart mobility development. The role of innovation is predicted to rise as ICTs are more utilised in urban community innovation. This new smart transportation technology has the potential to automate a variety of transportation procedures, which is expected to increase demand for weigh-in-motion in the coming years.
In 2021, Kistler introduced decreased outgassing cables for its titanium-housing piezoelectric accelerometers used in space testing.