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Automotive Weigh in Motion Market Dynamics, Forecast, Analysis and Supply Demand 2020 – 2026

Author : Ronak Bora | Published Date : 2020-09-14 

The automotive weigh in motion market is forecast to witness a steady pace of growth over the forthcoming years owing to the increasing traffic congestion as well as low cost of WIM systems. Weigh in motion is basically defined as the process of measuring the dynamic wheel loads or forces of a moving road vehicle as well as evaluating the gross vehicle weight along with the part of that weight which is carried by each axle, wheel, and the axle group that is axle loads and static wheel.

This in turn makes the weighing process a much more efficient one, in comparison to the conventional methods. Weigh in motion systems and weigh in motion data have many application avenues, one of them being the industrial sector. Here, the WIM systems can be utilized to check the weights as well as axe loads of trucks which are leaving the site, in order to stop the overloading before entering the road network.

Automotive weigh in motion market is segmented in terms of sensor, installation type, application, speed, and regional landscape.

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With respect to sensor, the automotive weigh in motion market is classified into single load cell, piezoelectric sensor (including quartz sensor), bending plate, and others. The others segment includes strain gauge strip sensor. The low cost of strip sensor will lead to the others segment growth.

Based on installation type, the automotive weigh in motion market is categorized into on board weighing (OBW), In-road system, and weight bridge systems. Among these, the in-road systems is set to achieve high growth on account of increasing traffic issues.

In terms of application, the automotive weigh in motion market is bifurcated into bridge protection, traffic data collection, weight-based tolling, industrial truck weighing, and weight enforcement. The traffic data collection will witness growth owing to the increasing government inclination towards reducing traffic congestion issues. One of the major influences to adopt WIM systems for bridge protection application is the high maintenance cost and wear & tear caused by heavy vehicle.

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Based on speed, the automotive weigh in motion market is divided into hi-speed enforcement and slow speed compliance (0 Km/h to 15 Km/h). The low cost and high accuracy will influence the product demand for slow speed compliance.

From a regional frame of reference, the strict government guidelines regarding vehicle overloading is expected to positively influence product demand in LATAM region. MEA automotive weigh in motion market accounted for over 7% of the global demand.

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Report Content

Chapter 1. Methodology and Scope

1.1.  Methodology

1.2.  Market definition

1.3.  Market estimation & forecast parameters

1.3.1. COVID-19 impact calculations on industry forecast

1.4.  Data sources

1.4.1. Primary

1.4.2. Secondary

1.4.2.1.    Paid

1.4.2.2.    Unpaid

Chapter 2. Executive Summary

2.1.  Automotive weigh in motion industry 360° synopsis, 2016 – 2026

2.1.1. Business trends

2.1.2. Sensor trends

2.1.3. Installation type trends

2.1.4. Application trends

2.1.5. Speed trends

2.1.6. Regional trends

Chapter 3. Automotive Weigh in Motion Industry Insights

3.1.  Industry segmentation

3.2.  Industry size and forecast, 2016 – 2026

3.2.1. COVID-19 impact on industry landscape

3.3.  Industry ecosystem analysis

3.3.1. Profit margin

3.3.2. Value addition

3.3.3. Distribution channel analysis

3.3.4. Value chain disruption analysis

3.3.5. Vendor matrix

3.3.5.1.    List of key raw material suppliers

3.3.5.2.    List of key manufacturers/distributors

3.3.5.3.    List of key/potential customers

3.4.  Raw material analysis

3.4.1. COVID-19 impact on raw material supply

3.5.  Innovation & sustainability

3.5.1. Patent analysis

3.5.2. Future trends

3.6.  Industry impact forces

3.6.1. Growth drivers

3.6.1.1.    Increasing government initiatives to introduce intelligent transportation system

3.6.1.2.    Rising traffic congestion in emerging economies to influence market growth

3.6.1.3.    Increasing demand for commercial transportation to augment product demand

3.6.2. Industry pitfalls & challenges

3.6.2.1.    High initial investment in installing weigh in motion systems

3.7.  Regulatory landscape

3.7.1. U.S.

3.7.2. Europe

3.7.3. China

3.8.  Growth potential analysis

3.9.  Competitive landscape, 2019

3.9.1. Company market share analysis, 2019

3.9.2. Brand analysis

3.9.3. Key stakeholders

3.9.4. Strategic dashboard

3.10.    Regional price trends

3.10.1.  COVID 19 impact on pricing

3.10.2.  Cost structure analysis

3.10.2.1.    R&D cost

3.10.2.2.    Manufacturing & equipment cost

3.10.2.3.    Raw material cost

3.10.2.4.    Distribution cost

3.10.2.5.    Operating cost

3.10.2.6.    Miscellaneous cost

3.11.    Porter’s analysis

3.11.1.    Supplier power

3.11.2.    Buyer power

3.11.3.    Threat of new entrants

3.11.4.    Threat of substitutes

3.11.5.    Industry rivalry

3.12.    PESTEL analysis

3.13.    COVID 19 impact on demand of automotive weigh in motion by application

3.13.1.  Traffic data collection

3.13.2.  Weight enforcement

3.13.3.  Weight based tolling

3.13.4.  Bridge protection

3.13.5.  Industrial truck weighing

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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