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Global In-Motion Rail Scales Market Size By Type (Pit, Pit-Less), By Application (Transload Operations, Tracking Railcar Loads), By Rail Sector (Freight, Industrial Operation), By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global In-Motion Rail Scales Market Size By Type (Pit, Pit-Less), By Application (Transload Operations, Tracking Railcar Loads), By Rail Sector (Freight, Industrial Operation), By Geographic Scope And Forecast

In-Motion Rail Scales Market Size And Forecast

In-Motion Rail Scales Market size was valued at USD 417.14 Million in 2023 and is projected to reach USD 596.74 Million by 2030, growing at a CAGR of 4.68% from 2024 to 2030.

Global trade and globalization have resulted in a constant expansion in product and commodity movement around the world. In-motion rail scales are useful for weighing products in transit, providing real-time data for efficient supply chain and logistics management. The rising emphasis on the environmental benefits of rail transportation has fueled the need for in-motion rail scales. Adopting in-motion train scales is by the industry’s sustainability aspirations since rail is typically seen as a more ecologically advantageous source of transportation than other modes. These scales help to avoid overloading and maximize load capacities, which reduces carbon emissions and increases fuel efficiency.

Global In-Motion Rail Scales Market Definition

In-motion scales assess the weight of an entire train as it moves over the tracks. In-motion scales provide a quick and cost-effective way to determine the weight of rail cars, effortlessly integrating into day-to-day car-handling activities. A properly installed scale system allows for the effortless acquisition and storage of rail car weights, car IDs, time, and date information. The comprehensive in-motion scale solutions include a site visit, evaluation, soil engineering, concrete foundation construction, equipment installation, calibration, and the incorporation of project-specific accessories.

Furthermore, these scales are critical for determining whether the cars exceed acceptable weight limits, pose possible risks, or experience weight swings during the route. The continual monitoring of train car weights is critical for the safety of passengers and goods. In addition, it helps to ensure that no unlawful modifications or deletions occur without the train engineer’s awareness.

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Global In-Motion Rail Scales Market Overview

Globally, major rail networks are being expanded and electrified in order to promote the most environmentally friendly mode of travel. Private companies handle the majority of the world’s largest rail networks. At the same time, governments have some authority over railway network operations. Additionally, the rapid expansion of metro lines in all countries, as well as the rising network of subways in European countries, are likely to raise the demand for in-motion rail scales. With all of the coming metro developments and the expansion of the subway network, the In-Motion Rail Scales Market is likely to thrive.

However, there are several factors that can have a negative impact on the market growth. In-motion rail scales can accurately estimate a vehicle’s weight without requiring it to come to a complete stop. They are the most efficient and cost-effective method for obtaining rail car weight. They can be used in routine car handling procedures. A properly installed scale system allows you to get and maintain rail car weights, car IDs, and time and date without spending any extra time or effort. However, various obstacles impede the expansion of the in-motion rail scales industry. Some in-motion scales are small, making them difficult to utilize on larger trains.

The market has a positive future outlook due to the vital infrastructure and are a main form of transportation in many nations, contributing significantly to economic development due to their comparative advantages in handling specific types and amounts of freight. As a result, governments around the world are actively emphasizing the construction of railway network infrastructures and enacting favorable policies to assist their growth, hence driving market expansion. Countries with effective freight railways gain a competitive advantage and reap additional benefits from well-balanced transportation systems that maximize the transit of various types of freight in the most appropriate mode.

Global In-Motion Rail Scales MarketSegmentation Analysis

The Global In-Motion Rail Scales Market is Segmented on the basis of Type, Application, Rail Sector, and Geography.

In-Motion Rail Scales Market, By Type

  • Pit
  • Pit-Less

Based on Type, the market is segmented into Pit Type and Pit-Less Type. The pit segment held the largest market share in 2022. Pit-type in-motion rail scales require the installation of a pit or recessed foundation. The scale is then put within the pit, allowing railcars to pass over it with a lower profile. Pit-type scales have the advantage of providing a lower profile and shorter ramp length for trains approaching and traversing the scale. This feature is especially useful in areas with limited space or when reducing the gradient of the track is critical.

In-Motion Rail Scales Market, By Application

  • Transload Operations
  • Tracking Railcar Loads
  • Unit Train Weighing
  • Others

Based on Application, the market is segmented into Transload Operations, Tracking Railcar Loads, Unit Train Weighing, and Others. The tracking railcar loads segment held the largest market share in 2022. The goal of tracking railcar loads with in-motion rail scales is to constantly monitor and record the weight of the materials or goods carried by railcars as they travel along the railway system. This real-time tracking enables dynamic weight data collection in transit. In-motion rail scales offer a continuous stream of weight data as railcars travel along railway rails. This real-time monitoring is critical for staying updated on weight distribution during travel.

In-Motion Rail Scales Market, By Rail Sector

  • Freight
  • Industrial Operation
  • Shortline

Based on Rail Sector, the market is segmented into Freight, Industrial Operation, and Shortlines. The freight segment held the largest market share in 2022. In the world of freight transportation, in-motion rail scales are precisely built to suit the vast array of commodities and materials that are routinely moved by trains. This includes a wide range of goods that differ in size, shape, and weight. The scales are versatile and can properly measure and record the weight of these various commodities, assuring precision in the freight management process.

In-Motion Rail Scales Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

On the basis of Regional Analysis, the Global In-Motion Rail Scales Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Based on the geography, Asia Pacific accounted for the largest market share in 2022. The Asia Pacific region is experiencing a considerable increase in the In-Motion Rail Scales Market, which is being driven by several major factors such as rapid infrastructure development, rail network expansion, and rising need for efficient freight transportation. The region’s developing economies are driving up demand for improved weighing systems to improve freight logistics efficiency.

Key Players

The “Global In-Motion Rail Scales Market” study report will provide valuable insight with an emphasis on the global market. The Global In-Motion Rail Scales Market is highly fragmented with the presence of a few well-established players and several medium players. Some of the major companies include Avery Weigh-Tronix, METTLER TOLEDO, Prodat, HMA Group, Walz Scale & Scanner Weighing Solutions, MASSA Weighing and Industrial Automation, Fairbanks Scales, SWSCALE, MERIT Group. Essae Digitronics Pvt Ltd, Rice Lake Weighing Systems, Precision Solutions, LLC, Systems Associates, Inc., Aditya Technologies, Maxim Mechatronics, Brechbuhler Scales, Inc., Tamtron, Southwestern Scale Company Inc., eagle Scale, and Trakblaze among others.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, benchmarking and SWOT analysis.

Key Developments

  • In March 2023, Southwestern Scale has announced a new office in Loveland, Colorado, as part of a larger drive to improve efficiency and services across the Centennial state.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Avery Weigh-Tronix, METTLER TOLEDO, Prodat, HMA Group, Walz Scale & Scanner Weighing Solutions, MASSA Weighing and Industrial Automation, Fairbanks Scales, SWSCALE.

SEGMENTS COVERED

By Type, By Application, By Rail Sector, and By Geography.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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