Weigh-In-Motion System Market

Kapsch TrafficCom (Austria) and Q-Free (Norway) are the Key Players in the Weigh-In-Motion System Market

The weigh-in-motion system market is projected to grow from USD 913 million in 2019 to USD 1,656 million by 2026, at a CAGR of 8.9%. Key factors driving the market for weigh-in-motion system include the increasing government focus towards intelligent transportation system & public-private partnerships (PPPs), and growing traffic congestion. Relatively lower cost of the system with static weigh system also plays an important in driving the growth of the weigh-in-motion system industry.

The weigh-in-motion system market is dominated by a few global players and comprises several regional players. A few key players in the weigh-in-motion system market are Kapsch TrafficCom (Austria), Q-Free (Norway), METTLER TOLEDO (US), Avery Weigh-Tronix (Illinois Tool Works) (US), TE Connectivity (Switzerland), International Road Dynamics (Quarterhill) (US), Kistler (Switzerland), TransCore (Roper Technologies) (US), Axis Communications (Sweden), and EFKON (Austria).

Supply contracts and new product developments are the two most prevailing strategies to expand business in this market. For example, in November 2017, the International Road Dynamics was awarded a contract valued at more than USD 3.7 million with the Idaho Transportation Department (ITD) to supply and install a Mainline Electronic Screening System at the Sage Junction Port of Entry. This system will weigh and measure commercial vehicles at highway speeds using IRDs Single Load Cell Weigh-In-Motion (WIM) scales. Automated License Plate Recognition and Automated Vehicle Identification systems will work in conjunction with the WIM to confirm vehicle credentials and weight compliance. Additionally, in June 2016, the Ohio Turnpike and Infrastructure Commission (OTIC) extended its statewide toll collection system and customer service center maintenance services contract with TransCore another five years through May 31, 2021. TransCore will continue to maintain all facets of the OTIC’s toll collection system located throughout Ohio’s turnpike network as well as the customer service center system located in Berea, Ohio.

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Kapsch TrafficCom adopted the strategies of supply contract and new product developments to retain its leading position in the weigh-in-motion system market. For instance, in October 2017, Kapsch TrafficCom was awarded the contract to implement a nationwide tolling system in Bulgaria for trucks over 3.5 tons, including technical configuration and provision of technical support. The project was anticipated to run for 19 months and comprised the delivery and setup of 500 terminals for registering and issuing electronic vignettes, 100 enforcement vehicles, 100 weigh-in-motion facilities, and 100 tolling gantries as well as a data center and a back office. In September 2015, Kapsch TrafficCom North America introduced a new suite of End-2-End Commercial Vehicle Enforcement (CVE) solutions that can help maximize state enforcement resources, improve vehicle compliance, and increase roadway safety. The solutions are entirely modular and can be deployed on the mainline, virtually, or in mobile situations. Included in the product offerings are 24/7/365 truck screening; real-time permit and credential enforcement; direct weigh-in-motion (WIM) enforcement; and supervised third-party assistance.

On the other hand, International Road Dynamics adopted the strategies of supply contract and joint venture to sustain its market position. In April 2018, International Road Dynamics was awarded a contract valued at USD 5 million with the California Department of Transportation (“Caltrans”) to provide equipment and software maintenance and on-call service for their state-wide network of Weigh-in-Motion systems. This new service agreement would be effective April 16, 2018 through December 31, 2020. In November 2016, the company partnered with the New Jersey Department of Transportation (NJDOT) to launch a new weigh station bypass system, NJPass, for commercial fleets and drivers operating in New Jersey. NJPass facilitates truck bypasses at all 3 inbound New Jersey weigh stations for commercial vehicles participating in the service.

Related Reports:

Weigh-In-Motion System Market by Type (In-Road, Bridge Weigh, Onboard), Vehicle Speed (Low, High), Component (Hardware, Software & Services), End Use Industry (Highway Toll, Oil & Refinery, Logistics), Sensors, Function, Region - Global Forecast to 2026

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Report Code
AT 7062
RI Published ON
4/29/2019
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