Press release
Electronic Logging Device Market 2019: Competitor Analysis By Pedigree Technologies, KeepTruckin, Inc., EROAD, FleetUp, Intrepid Control Systems, Inc., Gorilla Safety Fleet Management, Omnitracs, Trimble Inc., Verizon, Drivewyze, LINXUP, InTouchGPS,
Global Electronic Logging Device Market
The Electronic Logging Device market research report reveals the chief appearances like drivers, limitations, on business advancement designs, scope, characteristics, deficiencies, opportunities, and threats utilizing a SWOT analysis and various other tools such as Porter’s Five Forces analysis. The report examines advertise biological system, market trends and patterns, key drivers, limitations, aggressive viewpoint, key difficulties, future development possibilities, and income chain investigation. Additionally Electronic Logging Device market report gives definite investigation and upcoming patterns of this commercial center for Electronic Logging Device market.
Market Analysis: Global Electronic Logging Device Market
Global electronic logging device market is expected to rise to an estimated value of USD 17.52 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the significant developments and advancements of communication technology such as 5G, along with trend of utilizing the data generated from e-logs.
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Key Market Competitors: Global Electronic Logging Device Market
Pedigree Technologies; KeepTruckin, Inc.; EROAD; FleetUp; Intrepid Control Systems, Inc.; Gorilla Safety Fleet Management; Omnitracs; Trimble Inc.; Verizon; Drivewyze; LINXUP; InTouchGPS; Geotab Inc.; Fleet Complete; Blue Ink Technology; Wheels, Inc.; Donlen; ORBCOMM; Garmin Ltd.; CarrierWeb Group of Companies; Transflo a Pegasus TransTech Company; Stoneridge, Inc.; Teletrac Navman US Ltd; TomTom Telematics BV; WorkWave, LLC; Merchants Fleet; LeasePlan; Vector Informatik GmbH; MICHELIN; Racelogic; HEM Data Corporation; Danlaw Technologies India Limited and Influx Technology.
Key Developments in the Market: Global Electronic Logging Device Market
In May 2019, MICHELIN announced that they had agreed to acquire Masternaut Limited. Masternaut will continue to operate as a subsidiary following the acquisition which will further help Masternaut Limited in providing their telematics services to an even greater geographical region.
In March 2017, Fleet Complete announced that they had acquired BigRoad. This acquisition will further help in the expansion of ELD services and products offering best-in-class ELD compliance platform in the North American region. This acquisition is compliant with Fleet Complete’s strategy of growing their organisation and offering best in class products & services.
Table Of Content: Global Electronic Logging Device Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Electronic Logging Device Market Landscape
Part 04: Global Electronic Logging Device Market Sizing
Part 05: Global Electronic Logging Device Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
And More…..Get Detailed TOC | At https://databridgemarketresearch.com/toc/?dbmr=global-electronic-logging-device-market
Market Drivers: Global Electronic Logging Device Market
Presence of strict regulations and compliances regarding the installation and usage of these devices from the U.S. and European region; this factor is expected to drive the growth of the market
Demand for providing better efficiency of operations from the fleets is expected to drive the growth of the market
Rising levels of trucks availability in the “BRICS” countries; this factor is expected to drive the growth of the market
Growth in demand of the services available from the logistics company requiring better supply chain management resulting in adoption of digital technologies and services; this factor is expected to drive the growth of the market
Market Restraints: Global Electronic Logging Device Market
Lack of adoption from fleet owners globally due to their assumptions regarding these systems as being unnecessary expenses; this factor is expected to restrain the market growth
Inadequate knowledge and information regarding the availability of these services in the various developing regions is expected to restrain the growth of the market
Complications associated with replacing paper-based logging system with these devices along with restrained adoption from the drivers of these vehicles is expected to restrain the growth of the market
Competitive Analysis: Global Electronic Logging Device Market
Global electronic logging device market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electronic logging device market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Segmentation: Global Electronic Logging Device Market
By Product
Automatic On-Board Recording Device (AOBRD),Electronic Logging Device (ELD), Hours of Service (HOS)
By Vehicle Type
Light Commercial Vehicle (LCV), Truck, Bus, Taxi/Cabs
By Component
External Display, Telematics Unit, Others
By Subscription Type
Electronic Logging Device (ELD) Without Screen
o One-Time Purchase, Subscription
Electronic Logging Device (ELD) With Screen
o One-Time Purchase, Subscription
By Form Factor
Embedded, Integrated
By Service
Entry-Level Services, Intermediate Services, High-End Services
By Geography
North America, South America, Europe, Asia-Pacific, Middle East & Africa
Customization of the Report: Global Electronic Logging Device market report can be customized to meet the client’s requirements. Please connect with us (sopan.gedam@databridgemarketresearch.com), we will ensure that you get a report that suits your needs.
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