Home Automotive and Transportation North America Weigh in Motion System Market Size, Share to [2022-2030]

North America Weigh in Motion System Market

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North America Weigh in Motion System Market Size, Share & Trends Analysis Report By Vehicle Speed (Low-Speed, High-Speed), By Type (Weigh Bridge System, In-Road System, Onboard System), By End-Use Industry (Highway Toll, Logistics, Oil & Refinery, Others), By Component (Software & Services, Hardware), By Sensor Type (Piezoelectric Sensor, Bending Sensor, Inductive Loop, Infrared Sensor, Others), By Function (Weight-Based Toll Collection, Weight Enforcement, Traffic Data, Vehicle Profiling, Axle Counting) and By Country(US, Canada) Forecasts, 2022-2030

Report Code: SRAT3117DR
Study Period 2018-2030 CAGR 8.87%
Historical Period 2018-2020 Forecast Period 2022-2030
Base Year 2021 Base Year Market Size USD XX Billion
Forecast Year 2030 Forecast Year Market Size USD 580.16 Million
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Market Overview

The North America Weigh in Motion System Market size is expected to reach a valuation of USD 580.16 million by 2030, growing at a CAGR of 8.87% during the forecast period (2022–2030).

During the forecast period (2022–2030), the Weigh in Motion System market is expected to increase at a CAGR of 9%. The weigh-in-motion system is made up of software and hardware components that are used to measure and record the weight of moving vehicles. Road traffic administrators and regulators, bridge designers, control agencies, and research organisations used weigh-in-motion systems to acquire gross weight information and trustworthy axle weight information from moving vehicles. PR Clyde Lee pioneered weigh-in-motion in 1950 in Texas. The Weigh in Motion method is primarily used to determine vehicle characteristics including gross vehicle weight (GVW), speed, axle weight, and axle spacing. It aids in the enhancement of roadway safety, the reduction of accident risk, and the prevention of road surface degradation. Weight-based toll collection is also done with the Weigh in Motion technology. The demand for Weigh in Motion systems is predicted to rise in the forecast period due to rising commercial transportation requirements.

With revenue of USD 270 million in 2021, North America is the second largest contributor to the weigh-in-motion market. North America is investing in smart city projects, which will lead to smart mobility and lucrative growth potential for the weigh-in-motion market.

Market Dynamics

Key Market Drivers

  • The market for weigh-in-motion systems is expanding due to rising traffic congestion: With the rise in North American vehicle sales, traffic congestion has become one of the most serious issues, particularly at toll plazas, and it is anticipated to worsen in the future. According to the data, congestion expenses in the United States have been increasing at an annual pace of 8%. Last year, drivers in Los Angeles spent an average of 102 hours stuck in traffic, according to the data. Congestion's economic impact in the countries like United States, Canada, and Mexico is growing year after year. The WIM system is designed to alleviate traffic congestion. Many countries, including the United States, Canada, and Mexico, have placed WIM systems in highways to reduce traffic congestion. California has roughly 110 permanent WIM stations, North Dakota has approximately 16 permanent WIM stations, and Nevada has approximately 6 permanent WIM stations. Hence, due to this the market is expected to grow in the North American Region.
  • Immediate Identification of Overloaded Vehicles: Vehicle overloading is a severe problem that can be costly on a variety of levels. Operators may face financial fines, cars will suffer unnecessary and premature wear and tear, fuel costs will rise, and overweight vehicles may cause damage to the roads. A weighing in motion system is an effective deterrent to infringements since it allows cars with overloaded axles to be spotted promptly before they enter public highways, and hence demand in the North American market is likely to expand.

Key Market Restraints

  • Lack of Uniformity & Standardization: There is a lack of standardisation and uniformity in traffic management technologies such as weigh-in-motion devices. The weigh-in-motion gadget is made up of a variety of hardware and software components from a number of different manufacturers. Furthermore, sensor, processor, and other equipment specs vary by company and are not compatible with each underlying platform. Furthermore, numerous countries and areas in North America have unique community requirements and regulations that prevent solution providers from offering their services globally. Due to a lack of standardisation, replacing a component of the weigh-in-motion system in the aftermarket becomes extremely difficult. As a result, the lack of standards, specifications, and methods for deploying a weigh-in-motion device is limiting demand in North America.

Key Market Opportunities

  • Increase in Smart City Investment: Smart City is a concept that uses data analysis and smart technologies to improve city function, operational efficiency, and economic growth. A city's data can be used to identify and staff police in high-risk regions thanks to the compilation of big-data apps and procedures. People are embracing creative solutions to make life more productive, controllable, economical, integrated, sustainable, and efficient, resulting in a rise in smart city investment. Many governments across the region have adopted smart city projects in recent years in order to enhance economic growth. Transportation demand management (TDM) is an important component of smart city and smart mobility development in the North American region. As ICTs are increasingly used in urban community innovation, the role of innovation is expected to grow. This new smart transportation technology offers attractive prospects for the automation of numerous transportation processes, which is projected to boost demand for weigh-in-motion in the future years.

Regional Analysis

By 2030, the North America Weigh in Motion System Market is estimated to be worth USD 580.16 million, growing at a CAGR of 8.87 percent over the forecast period (2022–2030). North America is the second largest contributor to the weigh-in-motion industry, with revenue of USD 270 million in 2021. North America is investing in smart city projects, which will result in smart transportation and profitable growth opportunities for the weigh-in-motion market.

With increased technological innovation in road transportation, the United States development in this region is ascribed to an increase in the implementation of this system in road infrastructure. In 2021, the United States market revenue was estimated to be USD 165 million. There are around 110 permanent WIM stations in California, approximately 16 permanent WIM stations in North Dakota, and approximately 6 permanent WIM stations in Nevada. Congestion costs in the United States have been rising at an annual rate of 8%, according to the data.

Strict government restrictions and growing concerns about road safety and management, overload vehicle detection, cost reduction, and other factors will drive industry growth in Canada. The market value of SCRs has increased as demand for their use in diesel engines has grown. The expansion of the automobile sector, particularly in Canada, has led in the expansion of the country's market.

Report Scope

Report Metric Details
Segmentations
By Vehicle Speed
  1. Low-Speed
  2. High-Speed
By Type
  1. Weigh Bridge System
  2. In-Road System
  3. Onboard System
By End-Use Industry
  1. Highway Toll
  2. Logistics
  3. Oil & Refinery
  4. Others
By Component
  1. Software & Services
  2. Hardware
By Sensor Type
  1. Piezoelectric Sensor
  2. Bending Sensor
  3. Inductive Loop
  4. Infrared Sensor
  5. Others
By Function
  1. Weight-Based Toll Collection
  2. Weight Enforcement
  3. Traffic Data
  4. Vehicle Profiling
  5. Axle Counting
Company Profiles International Road Dynamics Intercomp Roadsys Inc Q-free Mettler Toledo
Geographies Covered
North America US Canada
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
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Segmental Analysis

Vehicle speed, type, end-use industry, component, sensor type, and application are all used to categorise the North America weigh in motion system market share.

The low-speed weigh-in-motion system is the largest shareholder in the region’s weigh-in-motion system market, based on vehicle speed. The low-speed weigh-in action is primarily used to gather axle weights on-the-spot in order to assure over-the-road compliance. This technology offers a number of benefits, including decreased purchase and maintenance costs. Low-speed weigh-in-motion is also used in a variety of industries, including agriculture, logistics, mining, and others, all of which are predicted to increase demand for low-speed weigh-in-motion.

The weigh-in-motion systems market is divided into three types: weigh bridge systems, inroad systems, and onboard systems. In 2021, the top market share holder was Weigh Bridge. These frameworks can be automated and are applicable to all businesses, from waste management to development, with the benefits of lower operating costs and increased work proficiency. Integration of IoT with weigh bridges has numerous benefits, including a completely automated system in which a vehicle driver can conduct weight measurements without assistance. In addition, secure vehicle identification, live data monitoring, and automatic traffic control signals, which allow traffic flow regulation, are all advantages of IoT integration. The market is growing as a result of these developments in the weighbridge system.

Highway toll has the largest market share by end-use industry, with great revenue generation. The requirement to identify overloaded vehicles at toll plazas is the primary driver of demand for weigh-in-motion in the highway toll sector.

The component's major market contributor is software and services. By 2030, this category is expected to produce USD 1201 million and expand at a 9 percent CAGR.

Growing at a significant rate, the piezoelectric sensor has the largest market share by sensor type. Piezoelectric sensors are more compact and have a simpler design than other technologies. Other benefits include a shallower road installation depth and a larger measuring range. Because of these benefits over other sensors, piezoelectric sensors are becoming more popular in weigh-in-motion applications all around the world.

The greatest market holder is application-based weight-based toll collecting. Instant check for road-legal weight, fully automated weighing process, number of vehicles weighing without disrupting traffic, daily reporting measures of vehicle productivity, automatic data collection and storage of the vehicle, and axle weight, gross weight, and axle count record are the factors driving the weigh-in-motion for weight-based toll collection.

Market Size By Vehicle Speed

Market Size By Vehicle Speed
  • Low-Speed
  • High-Speed
  • Recent Developments

    • In 2021, Intercomp WIM sensors were chosen as preferable sensors for commercial vehicle weight enforcement scales and were placed into High-speed Weigh-In-Motion systems.
    • International Road Dynamics was awarded a five-year maintenance and upgrade contract worth up to $13 million by the New York Department of Transportation in 2021.

    Top Key Players

    North America Weigh in Motion System Market Share of Key Players

    North America Weigh in Motion System Market Share of Key Players
    International Road Dynamics Intercomp Roadsys Inc Q-free Mettler Toledo Others

    Frequently Asked Questions (FAQs)

    What is the estimated growth rate (CAGR) of the North America Weigh in Motion System Market?
    The North America Weigh in Motion System Market size is growing at a CAGR of 8.87% from 2022 to 2030.
    The market for weigh-in-motion systems is expanding due to rising traffic congestion,immediate identification of overloaded vehicles are the key driver for the growth of the market.
    The key players in the global Market include International Road Dynamics , Intercomp , Roadsys Inc , Q-free, Mettler Toledo.


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