Weigh in Motion Systems Market is poised to grow substantially till 2025

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Weigh in Motion Systems Market is set to see
healthy CAGR during 2018 to 2024 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Weigh in Motion Systems
Market

• North America will account for a significant
  share in the weigh in motion systems market size.
  This can be attributed to the rising prevalence
  of trucks for freight and cargo transportation.
  Additionally, stringent regulations and governing
  bodies mandate the installation of such sensors
  in tolls collection centers and roads, thereby
  preventing truck overloading and boosting the
  regional share.
• The advent of weigh in motion scale with
  incorporation of advanced Mettler Toledo quartz
  piezo sensors and load cell platforms for
  facilitating accurate weighing of vehicles
  further supports the weigh in motion systems
  market expansion. The continuous data processing
  capabilities along with elimination of inherent
  data bias in static weighing operations are
  providing a positive outlook for the weigh in
  motion market share.

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• Application Analysis of Weigh in Motion Systems
  Market
• The weigh in motion systems market share, based
  on application is segmented into low speed and
  high-speed WIM. The low speed WIM is expected to
  hold a significant share over the projected
  timeframe. This can be attributed to the
  adherence to speed limit by most commercial
  vehicles and trucks in highways and open roads.
  Additionally, the advantages offered by such
  systems including lower acquisition and
  maintenance costs along with diversified
  applications in a wide range of industries
  including logistics, agriculture, and mining
  among others are further expected to boost the
  market size.
• Based on industry, the weigh in motion systems
  market share can be classified into oil gas,
  road toll, and logistics. The growth in the oil
  gas segment can be credited to the requirement
  for enhanced safety during loading and carrying
  of oil-based products over long distances.
  Moreover, these systems reduce the probabilities
  of accidents and fire hazards that may occur due
  to overloading.

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Competitive Market Share of Weigh in Motion
Systems Market

• Industry players are investing in RD for
  developing new products and solutions for
  improving their market share. For instance, in
  February 2018, Kistler announced the launch of
  its advanced KiTraffic Weigh in Motion (WIM)
  systems and solutions assisting in traffic
  monitoring, weight-based tolling, and weight
  enforcement.
• Some of the major players operating in the weigh
  in motion systems market size include Kistler,
  International Road Dynamics, TE connectivity,
  Q-Free, Kapsch Trafficcom, Efkon, SWARCO, Essae,
  TransCore and Axis Communications.

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Browse Full Market Research Report On Weigh in
Motion Systems Market _at_ http//bit.ly/2MPdhgu Req
uest for an in-depth table of contents for this
report _at_ http//bit.ly/2MSYuBm
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