North America Weigh-In-Motion System Market

Market Overview

The North American weigh-in-motion system market size witnessed significant growth in the past and is expected to grow at a CAGR of 8.8% during the forecast period (2023-2032). Increasing government initiatives toward intelligent transportation systems drive the North American weigh-in-motion system market. The lack of standardized and uniform technologies restrains the North American weigh-in motion. On the other hand, increasing investment in smart cities is an opportunity for the North American weigh-in-motion system market.

The Weigh in Motion system is a suite of applications and devices that together determine and record the mass of a moving vehicle. A weigh-in-motion System has been used by road traffic managers and regulators, bridge builders, control agencies, and research organizations to accurately capture axle weight information from moving vehicles. To determine a vehicle's GVW (gross vehicle weight), speed, axle weight, and axle spacing is the primary function of the Weigh In Motion system. It helps improve traffic safety, reduce the possibility of accidents, and keep the road's surface in good condition. Weigh-in-motion technology is also used for toll collection depending on vehicle weight.

Market Dynamics

North America Weigh-In-Motion System Market Drivers:

Increasing Government Initiatives Toward Intelligent Transportation System

Most cities are adopting intelligent mobility solutions excessively, which is a key driver behind the steps taken by various governments to develop intelligent transportation networks. Due to its use in intelligent transportation, weight-in-motion systems are increasingly in demand. For instance, the bridge weigh-in-motion (WIM) framework uses bridge structures as gauge scales to measure vehicle configurations and gross and pivotal loads without slowing down traffic.

Rising Traffic Congestion

As the number of on-road cars rises daily, traffic congestion problems become unavoidable everywhere. The toll plaza's operation has been most negatively impacted by the increased processing time for vehicles brought on by the increased traffic. Without stopping traffic, weigh-in-motion (WIM) enables the regulation of vehicle loads. The weigh-in system helps with major cost savings by monitoring traffic and limiting the number of heavy cars on the road.

North America Weigh-In-Motion System Market Restraints:

Lack of Standardized and Uniform Technologies

Weigh-in-motion systems are one example of a traffic control technology that lacks standardization and uniformity. Many hardware and software parts from several suppliers make up the weigh-in-motion gadget. Additionally, manufacturers' technical specifications differ between sensors, CPUs, and other devices and are incompatible with various underlying platforms.

Additionally, different nations and areas have specific communication community standards and protocols that prevent solution providers from offering their services globally. The component of the weigh-in-motion system is exceedingly difficult to replace in the aftermarket due to a lack of standardization. Therefore, a weigh-in-motion system's demand is constrained by a lack of mandates, specifications, and procedures for adoption.

North America Weigh-In-Motion System Market Opportunities:

Increasing Investment in Smart Cities

A "smart city" is a concept that uses data analysis and smart technologies to increase economic growth, operational efficiency, and city function. A city can identify and staff police in high-risk regions thanks to compelling big-data applications and procedures. People are embracing novel approaches to improve productivity, control, economics, integration, sustainability, and efficiency, increasing investment in smart cities.

Many governments worldwide have recently embraced smart city initiatives to spur economic expansion. The adoption of smart cities and smart mobility technologies depends heavily on the development of transportation demand management (TDM). As ICTs continue to be utilized in urban community innovation, the role of innovation is anticipated to grow. The need for weigh-in-motion is anticipated to rise in future years due to the attractive automation prospects offered by this new smart transportation.

Regional Analysis

The North American weigh-in-motion system market is segmented by country into U.S., Canada, and Mexico. U.S. holds a major share of the country market and is expected to grow at a CAGR of 8.3% during the forecast period.

According to projections, North America will have the largest market share for weigh-in-motion systems globally. The U.S. and Canada are important markets for the North American weigh-in-motion system. The expansion of this system's use in road infrastructure and expanding technological advancements in road transportation is credited with the region's development.

North America's weigh-in-motion market is receiving lucrative opportunities thanks to the region's significant investments in smart cities and smart transportation initiatives. Additionally, North America has made major advancements in the field of autonomous automobiles, with manufacturers like Tesla offering a broad selection of these vehicles. Because of this, more people are turning to self-driving technology, which has increased demand for a weigh-in-motion system in the area.

The requirement for reliable road infrastructure is growing due to other developments like connected cars, which is beneficial for the weigh-in-motion industry in North America.

The U.S.

The unexpected surge in unemployment during the first half of 2020 has caused the U.S. economy to recover. The real GDP is predicted to increase to roughly 3.2% in 2021 and 3.5% in 2022. Significant monetary and fiscal responses have protected households and companies. However, a severe fiscal cliff would prompt a swift removal of household support, significant unemployment, and a wave of bankruptcies without a fresh, big fiscal stimulus program.

Given a severe decline in consumption and travel-related tax revenues, certain state and municipal governments will need financial help from the federal government.

Canada

The Canada Weigh-In Motion system measures the weight of moving cars using sensors buried in the road's surface. The information is recorded and relayed to a centralized monitoring center for examination as a vehicle passes over the sensors. As a result, weight restrictions may be enforced, and undue wear and tear on the road network can be avoided. This enables authorities to recognize and flag overweight cars. Identifying cars that may endanger other road users due to overloaded, weigh-in-motion devices also help increase road safety.

Canada's adoption of Weigh-In-Motion technology has significantly improved the effectiveness and efficiency of weight enforcement operations. Authorities may identify non-compliant vehicles more quickly and precisely by integrating automated data collecting and analysis, which enables them to implement the necessary enforcement measures. Additionally, the WIM systems' real-time monitoring capabilities help to maximize maintenance efforts and avoid road damage. Weigh-In-Motion systems used in Canada are generally effective tools for assuring traffic safety, safeguarding infrastructure, and advancing equitable and effective transportation methods.

Segmental Analysis

The North American weigh-in-motion system market is segmented based on Vehicle Speed, Type, End-Use Industry, Component, Sensor Type, Function, and Country.

Based on Vehicle Speed, the market is segmented into Low-Speed, High-Speed.

Low-Speed holds a major market share and is expected to register a CAGR of 8.5% over the forecast period. To verify over-the-road compliance, the low-speed weigh-in-motion is primarily utilized to measure axle weights on-site precisely. It is anticipated to account for a large portion of the overall market share during the forecast period. The main cause of the increase in low-speed weigh-in-motion is the slowed speed of numerous commercial vehicles and big load carriers on highways and open roads.

Compared to high-speed weigh-in-motion, this system has several benefits, including lower acquisition and maintenance costs. Additionally, low-speed weigh-in-motion is used in many other industries, including mining, logistics, agriculture, and many others, which is predicted to increase demand for the technology.

Based on Type, the market is segmented into Weigh Bridge Systems, In-Road Systems, and Onboard Systems.

Weigh Bridge System holds a major market share and is expected to register a CAGR of 8.3% over the forecast period. The main purpose of this device, which is permanently fixed to the concrete foundation, is to gather weight data for the entire load a vehicle carries. To determine the real weight of the products, Weighbridge weighs the empty and loaded truck. To operate, this system primarily requires a load cell. Automated weighbridge systems apply to all business undertakings, from waste management to construction, and they have the advantages of lower labor costs and increased productivity.

The weighbridge's integration with IoT has various benefits, including a completely automated system that enables a vehicle's driver to undertake weight measuring alone. Secure vehicle identification, real-time data monitoring, and automatic traffic control signals enabling traffic flow control are further benefits of IoT integration. These improvements in the weighbridge system are primarily driving the development of the market.

Based on End-Use Industry, the market is segmented into Highway Toll, Logistics, Oil and Refinery, and Others.

Highway Toll holds a major market share and is expected to register a CAGR of 8.8% over the forecast period. The primary driving force behind the demand for weigh-in-motion in the highway toll industry is the requirement to identify overloaded cars at the toll plaza. This method ensures that on-road traffic flows continuously since it does not impede traffic from collecting essential data that the toll plaza needs.

Traffic congestion at the toll plaza is a major issue that arises during the vehicle weight assessment process. This lengthens the processing time and reduces the toll plaza's productivity. One of the main elements influencing the demand for the weigh-in-motion in the highway toll industry is that it provides the ideal answer to these problems.

Based on Component, the market is segmented into Software and Software, Hardware.

Software and Services hold a major market share and is expected to register a CAGR of 8.4% over the forecast period.

Based on Sensor Type, the market is segmented into Piezoelectric Sensors, Bending Sensors, Inductive Loops, Infrared Sensor, and Others.

Piezoelectric Sensor holds a major market share and is expected to register a CAGR of 8.5% over the forecast period. The weigh-in-motion system uses piezoelectric sensors to measure axle weight while the vehicle is moving. These sensors use piezoelectric components designed to generate electric signals when a force from the moving vehicle is applied to the sensor. The flowing traffic on the highway can maintain its speed and avoid the problem of traffic congestion thanks to these piezoelectric sensors, which can quickly determine the weight of a vehicle driving at more than 100 kmph.

Compared to other systems, piezoelectric sensors are more compact and have a simpler design for weigh-in-motion applications. These sensors also have a large measuring range and a shallower road installation depth. The demand for piezoelectric sensors in weigh-in-motion systems worldwide is driven by these advantages over other types of sensors.

Based on Application, the market is segmented into Weight-Based Toll Collection, Weight Enforcement, Traffic Data, Vehicle Profiling, and Axle Counting.

Weight-Based Toll Collection holds a major market share and is expected to register a CAGR of 7.9% over the forecast period. The cost of using an expressway is calculated according to how much wear the vehicle causes. Street users pay according to the actual weight of their vehicles on weight-based expressways. The weigh-in-motion frameworks ensure fair prices while generating extra cash to assist the foundation. Additionally, this technology can identify stolen automobiles, and RFID is used to track down accident instances.

Recent Developments

• February2023- Mettler Toledo declared that a new weigh-in-motion system has been deployed. The MX-8 system is intended for usage in demanding environments, including mining and quarrying.