The weigh-in-motion system market is estimated to be USD 913 million in 2019 and is projected to reach USD 1,656 million by 2026, at a CAGR of 8.89%
Canon, Inc. American Depositary Shares (CAJ)
Last canon, inc. american depositary shares earnings: 4/24 04:01 pm
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Source: PR Newswire
NEW YORK, May 8, 2019 /PRNewswire/ -- The increasing government initiatives towards intelligent transportation system and increasing public-private partnerships (PPPs) will drive the weigh-in-motion system market.Read the full report: https://www.reportlinker.com/p05309147/?utm_source=PRN The weigh-in-motion system market is estimated to be USD 913 million in 2019 and is projected to reach USD 1,656 million by 2026, at a CAGR of 8.89%. The demand for weigh-in-motion system is driven by increasing government initiatives towards intelligent transportation system, increasing public-private partnerships (PPPs), increasing traffic congestion, and low cost compared with static weigh system. However, a lack of standardization and uniform technologies can restrain the weigh-in-motion system market.The in-road segment is estimated to be the largest weigh-in-motion system market, by type.In terms of type, the in-road segment is estimated to dominate the weigh-in-motion system market in 2019 and
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