© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Weigh in Motion Systems Market is set to see healthy CAGR during 2018 to 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  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. Regional Analysis of Weigh in Motion Systems Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved 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.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Industry players are investing in R&D 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. Competitive Market Share of Weigh in Motion Systems Market

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