The Latin America, Middle East and Africa Weigh-In-Motion System Market would witness market growth of 11.5% CAGR during the forecast period (2022-2028).
Axle weights and gross vehicle weights are captured and recorded using weigh-in-motion (WIM) devices as vehicles pass over a measuring location. WIM systems are able to measure vehicles moving at reduced or standard traffic speeds without requiring the vehicle to stop, in contrast to static scales. This improves the efficiency of the weighing process and, in the case of commercial vehicles, permits trucks that are underweight restriction to avoid static scales or inspection.
Various private & public uses of weigh-in-motion technology can be made in relation to axle loads and vehicle weights for both road and rail traffic. WIM systems measure, store, and provide data from the flow of traffic or the specific vehicle and are situated on the road, rail track, or on a vehicle. There are several unique conditions that apply to WIM systems.
The commercial vehicle demand is significantly influenced by the construction industry. An enormous project in Saudi Arabia called Neom aims to create a smart futuristic metropolis that will be 26,500 square kilometres and 460 kilometres long. It is predicted that the project will cost about USD 500 billion. The utilization of electric buses for public transportation has been aggressively promoted by transit authorities in a number of countries. Therefore, it is predicted that these variables will hasten the rise and demand for commercial cars. Additionally, this would raise the need for weigh-in-motion devices in the LAMEA region.
The Brazil market dominated the LAMEA Weigh-In-Motion System Market by Country in 2021; thereby, achieving a market value of $39.6 million by 2028. The Argentina market is showcasing a CAGR of 12.1% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 11.2% during (2022 - 2028).
Based on Vehicle Speed, the market is segmented into Low-speed (< 15 km/h), and High-speed (>15 km/h). Based on Installation Method, the market is segmented into In-road, Bridge, and Onboard. Based on Technology, the market is segmented into Bending Plate, Load Cell, Piezoelectric Sensor, and Others. Based on End-use, the market is segmented into Highway Toll & Road Safety, Oil & Refinery, and Logistics & Others. Based on Component, the market is segmented into Hardware, and Software & Services. Based on Application, the market is segmented into Weight-based Toll Collection, Weight Enforcement, Vehicle Profiling, Traffic Data Collection, Bridge Protection, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TE Connectivity Ltd., Mettler-Toledo International, Inc., Illinois Tools Works, Inc. (Avery Weigh-Tronix, LLC), Kapsch TrafficCom AG, Q-Free ASA, EFKON GmbH (STRABAG SE), International Road Dynamics, Inc. (WiLAN) (Quarterhill Inc.), Kistler Group (Kistler Holding AG), General Electrodynamics Corporation and Ashbee Systems Ltd.
Axle weights and gross vehicle weights are captured and recorded using weigh-in-motion (WIM) devices as vehicles pass over a measuring location. WIM systems are able to measure vehicles moving at reduced or standard traffic speeds without requiring the vehicle to stop, in contrast to static scales. This improves the efficiency of the weighing process and, in the case of commercial vehicles, permits trucks that are underweight restriction to avoid static scales or inspection.
Various private & public uses of weigh-in-motion technology can be made in relation to axle loads and vehicle weights for both road and rail traffic. WIM systems measure, store, and provide data from the flow of traffic or the specific vehicle and are situated on the road, rail track, or on a vehicle. There are several unique conditions that apply to WIM systems.
The commercial vehicle demand is significantly influenced by the construction industry. An enormous project in Saudi Arabia called Neom aims to create a smart futuristic metropolis that will be 26,500 square kilometres and 460 kilometres long. It is predicted that the project will cost about USD 500 billion. The utilization of electric buses for public transportation has been aggressively promoted by transit authorities in a number of countries. Therefore, it is predicted that these variables will hasten the rise and demand for commercial cars. Additionally, this would raise the need for weigh-in-motion devices in the LAMEA region.
The Brazil market dominated the LAMEA Weigh-In-Motion System Market by Country in 2021; thereby, achieving a market value of $39.6 million by 2028. The Argentina market is showcasing a CAGR of 12.1% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 11.2% during (2022 - 2028).
Based on Vehicle Speed, the market is segmented into Low-speed (< 15 km/h), and High-speed (>15 km/h). Based on Installation Method, the market is segmented into In-road, Bridge, and Onboard. Based on Technology, the market is segmented into Bending Plate, Load Cell, Piezoelectric Sensor, and Others. Based on End-use, the market is segmented into Highway Toll & Road Safety, Oil & Refinery, and Logistics & Others. Based on Component, the market is segmented into Hardware, and Software & Services. Based on Application, the market is segmented into Weight-based Toll Collection, Weight Enforcement, Vehicle Profiling, Traffic Data Collection, Bridge Protection, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include TE Connectivity Ltd., Mettler-Toledo International, Inc., Illinois Tools Works, Inc. (Avery Weigh-Tronix, LLC), Kapsch TrafficCom AG, Q-Free ASA, EFKON GmbH (STRABAG SE), International Road Dynamics, Inc. (WiLAN) (Quarterhill Inc.), Kistler Group (Kistler Holding AG), General Electrodynamics Corporation and Ashbee Systems Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Vehicle Speed
- Low speed (< 15 km/h)
- High-speed (>15 km/h)
By Installation Method
- In-road
- Bridge
- Onboard
By Technology
- Bending Plate
- Load Cell
- Piezoelectric Sensor
- Others
By End-use
- Highway Toll & Road Safety
- Oil & Refinery
- Logistics & Others
By Component
- Hardware
- Software & Services
By Application
- Weight-based Toll Collection
- Weight Enforcement
- Vehicle Profiling
- Traffic Data Collection
- Bridge Protection
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- TE Connectivity Ltd
- Mettler-Toledo International, Inc
- Illinois Tools Works, Inc. (Avery Weigh-Tronix, LLC)
- Kapsch TrafficCom AG
- Q-Free ASA
- EFKON GmbH (STRABAG SE)
- International Road Dynamics, Inc. (WiLAN) (Quarterhill Inc.)
- Kistler Group (Kistler Holding AG)
- General Electrodynamics Corporation
- Ashbee Systems Ltd
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Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Weigh-In-Motion System Market, by Vehicle Speed
1.4.2 LAMEA Weigh-In-Motion System Market, by Installation Method
1.4.3 LAMEA Weigh-In-Motion System Market, by Technology
1.4.4 LAMEA Weigh-In-Motion System Market, by End-use
1.4.5 LAMEA Weigh-In-Motion System Market, by Component
1.4.6 LAMEA Weigh-In-Motion System Market, by Application
1.4.7 LAMEA Weigh-In-Motion System Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Weigh-In-Motion System Market by Vehicle Speed
3.1 LAMEA Low-speed (< 15 km/h) Market by Country
3.2 LAMEA High-speed (>15 km/h) Market by Country
Chapter 4. LAMEA Weigh-In-Motion System Market by Installation Method
4.1 LAMEA In-road Market by Country
4.2 LAMEA Bridge Market by Country
4.3 LAMEA Onboard Market by Country
Chapter 5. LAMEA Weigh-In-Motion System Market by Technology
5.1 LAMEA Bending Plate Market by Country
5.2 LAMEA Load Cell Market by Country
5.3 LAMEA Piezoelectric Sensor Market by Country
5.4 LAMEA Others Market by Country
Chapter 6. LAMEA Weigh-In-Motion System Market by End-use
6.1 LAMEA Highway Toll & Road Safety Market by Country
6.2 LAMEA Oil & Refinery Market by Country
6.3 LAMEA Logistics & Others Market by Country
Chapter 7. LAMEA Weigh-In-Motion System Market by Component
7.1 LAMEA Hardware Market by Country
7.2 LAMEA Software & Services Market by Country
Chapter 8. LAMEA Weigh-In-Motion System Market by Application
8.1 LAMEA Weight-based Toll Collection Market by Country
8.2 LAMEA Weight Enforcement Market by Country
8.3 LAMEA Vehicle Profiling Market by Country
8.4 LAMEA Traffic Data Collection Market by Country
8.5 LAMEA Bridge Protection Market by Country
8.6 LAMEA Others Market by Country
Chapter 9. LAMEA Weigh-In-Motion System Market by Country
9.1 Brazil Weigh-In-Motion System Market
9.1.1 Brazil Weigh-In-Motion System Market by Vehicle Speed
9.1.2 Brazil Weigh-In-Motion System Market by Installation Method
9.1.3 Brazil Weigh-In-Motion System Market by Technology
9.1.4 Brazil Weigh-In-Motion System Market by End-use
9.1.5 Brazil Weigh-In-Motion System Market by Component
9.1.6 Brazil Weigh-In-Motion System Market by Application
9.2 Argentina Weigh-In-Motion System Market
9.2.1 Argentina Weigh-In-Motion System Market by Vehicle Speed
9.2.2 Argentina Weigh-In-Motion System Market by Installation Method
9.2.3 Argentina Weigh-In-Motion System Market by Technology
9.2.4 Argentina Weigh-In-Motion System Market by End-use
9.2.5 Argentina Weigh-In-Motion System Market by Component
9.2.6 Argentina Weigh-In-Motion System Market by Application
9.3 UAE Weigh-In-Motion System Market
9.3.1 UAE Weigh-In-Motion System Market by Vehicle Speed
9.3.2 UAE Weigh-In-Motion System Market by Installation Method
9.3.3 UAE Weigh-In-Motion System Market by Technology
9.3.4 UAE Weigh-In-Motion System Market by End-use
9.3.5 UAE Weigh-In-Motion System Market by Component
9.3.6 UAE Weigh-In-Motion System Market by Application
9.4 Saudi Arabia Weigh-In-Motion System Market
9.4.1 Saudi Arabia Weigh-In-Motion System Market by Vehicle Speed
9.4.2 Saudi Arabia Weigh-In-Motion System Market by Installation Method
9.4.3 Saudi Arabia Weigh-In-Motion System Market by Technology
9.4.4 Saudi Arabia Weigh-In-Motion System Market by End-use
9.4.5 Saudi Arabia Weigh-In-Motion System Market by Component
9.4.6 Saudi Arabia Weigh-In-Motion System Market by Application
9.5 South Africa Weigh-In-Motion System Market
9.5.1 South Africa Weigh-In-Motion System Market by Vehicle Speed
9.5.2 South Africa Weigh-In-Motion System Market by Installation Method
9.5.3 South Africa Weigh-In-Motion System Market by Technology
9.5.4 South Africa Weigh-In-Motion System Market by End-use
9.5.5 South Africa Weigh-In-Motion System Market by Component
9.5.6 South Africa Weigh-In-Motion System Market by Application
9.6 Nigeria Weigh-In-Motion System Market
9.6.1 Nigeria Weigh-In-Motion System Market by Vehicle Speed
9.6.2 Nigeria Weigh-In-Motion System Market by Installation Method
9.6.3 Nigeria Weigh-In-Motion System Market by Technology
9.6.4 Nigeria Weigh-In-Motion System Market by End-use
9.6.5 Nigeria Weigh-In-Motion System Market by Component
9.6.6 Nigeria Weigh-In-Motion System Market by Application
9.7 Rest of LAMEA Weigh-In-Motion System Market
9.7.1 Rest of LAMEA Weigh-In-Motion System Market by Vehicle Speed
9.7.2 Rest of LAMEA Weigh-In-Motion System Market by Installation Method
9.7.3 Rest of LAMEA Weigh-In-Motion System Market by Technology
9.7.4 Rest of LAMEA Weigh-In-Motion System Market by End-use
9.7.5 Rest of LAMEA Weigh-In-Motion System Market by Component
9.7.6 Rest of LAMEA Weigh-In-Motion System Market by Application
Chapter 10. Company Profiles
10.1 TE Connectivity Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Mettler-Toledo International, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.3 Illinois Tools Works, Inc. (Avery Weigh-Tronix, LLC)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.4 Kapsch TrafficCom AG
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.5 Q-Free ASA
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional & Segmental Analysis
10.5.4 Recent strategies and developments:
10.5.4.1 Product Launches and Product Expansions:
10.6 EFKON GmbH (STRABAG SE)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.7 International Road Dynamics, Inc. (WiLAN) (Quarterhill Inc.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental Analysis
10.7.4 Research & Development Expenses
10.8 Kistler Group (Kistler Holding AG)
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Product Launches and Product Expansions:
10.9 General Electrodynamics Corporation
10.9.1 Company Overview
10.10. Ashbee Systems Ltd.
10.10.1 Company Overview
Companies Mentioned
- TE Connectivity Ltd.
- Mettler-Toledo International, Inc.
- Illinois Tools Works, Inc. (Avery Weigh-Tronix, LLC)
- Kapsch TrafficCom AG
- Q-Free ASA
- EFKON GmbH (STRABAG SE)
- International Road Dynamics, Inc. (WiLAN) (Quarterhill Inc.)
- Kistler Group (Kistler Holding AG)
- General Electrodynamics Corporation
- Ashbee Systems Ltd.
Methodology
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