Automotive Weigh In Motion Market 2020-2026; Growth Forecast & Industry Share Report

1
Automotive Weigh In Motion Market Share, Trend
Growth Forecast to 2026
2
Key Insights Automotive Weigh In Motion Market

• Rising expenditure on intelligent transport
  solutions is likely to add impetus to automotive
  weigh in motion market expansion over the
  forecast spell. Various authorized enterprises in
  the United States are promoting the adoption of
  smart transportation systems across the nation,
  in an effort to boost vehicle safety and
  mobility.
• Furthermore, economies such as South Korea have
  also committed to over 3.2 billion worth of
  investments till 2020, to bolster the nations
  plan for intelligent transportation solutions, in
  turn stimulating automotive weigh in market
  demand. However, industry growth is likely to
  face a considerable downfall in the present year,
  owing to the adverse economic effects of the
  COVID-19 pandemic. The transportation is also
  anticipated to witness a significant setback in
  2020, due to widespread lockdowns implemented
  across the globe.

3
Continued

• Based on sensor, the automotive weigh in motion
  industry is categorized into single load cell,
• bending plate and piezoelectric sensor segments.
  Of these, the single load cell segment
  demonstrates the highest level of accuracy of
  approximately 6, and even higher on highways.
  Single load cell sensors can last for up to 12
  years, given that they are subjected to proper
  installation, maintenance and calibration.
• Global automotive weigh in motion market demand
  from the weight based trolling application
  witnessed a significant surge in 2019, accounting
  for nearly 20 of the overall demand. Road users
  are generated expected to pay a toll based on the
  load or weight of their vehicle. Automotive weigh
  in motion solutions help ensure fair and correct
  tolling system prices, in addition to generating
  finances for regular road infrastructure
  maintenance.

4

Latest Research Automotive Weigh In Motion
Market _at_ https//bit.ly/2LVxePH Request for a
Sample Copy of This Research Report
_at_ https//bit.ly/2TnGboW
5
Major Companies Automotive Weigh In Motion Market

• Kistler
• International Road Dynamic
• TE Connectivity
• Q Free
• Kapsch Trafficcom
• TranCore

6
Regional Automotive Weigh In Motion Market

• On the regional front, North America automotive
  weigh in motion market accounted for over 28 of
  the global industry share in 2019. Regional
  automotive weigh in motion industry demand is
  dependent largely on stringent regulation
  pertaining to overloading of vehicles and overall
  traffic safety. However, the industry may be
  hampered in the short run due to falling
  commercial transportation activity across the US
  and Canada, due to the COVID-19 pandemic.
• The US is facing the brunt of the virus impact,
  with commercial activity decreasing by over 63
  than normal, which could present as a
  considerable roadblock to automotive weigh in
  motion market growth in the region. The APAC
  region, meanwhile, is likely to register
  significant demand for automotive weight in
  systems, owing to proliferating traffic
  congestion levels across developing nations.

7
Stay In Touch Social Media