What's driving the Electronic Logging Device Market Share? AT&T Fleet Complete, TomTom Telematics, Verizon Connect, Donlen, Garmin ELD, Geotab, KeepTruckin, Omnitracs, ORBCOMM, Pedigree Technologies, Samsara, Stoneridge, Teletrac Navaman, Wheels Inc.
The growth in the trucking industry in BRIC countries is significantly influencing the electronic logging device market growth. China, being the leading global manufacturer for several industries, has a high demand for efficient freight transportation. Moreover, the subsidies in China for eliminating high polluting diesel trucks and incentives for electric bus buyers will influence the increase in sales of new commercial vehicles. The countries, such as India, with high middle-class population are witnessing rapid growth in the commercial vehicle industry. The economic developments and rise in the manufacturing activities will further flourish the electronic logging device market growth in these countries.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/2057047/?utm_source=Openpr.com-AN
The connected vehicle technologies and growth in digitization are other significant factors boosting the electronic logging device market growth. These technologies are further pushing the sensor technology developments as well as advancements in telematics technologies. Video telematics, vehicle inspections, and tax reporting are some of the recent developments in the electronic logging device market. The use of these devices has contributed to vehicle safety. Connected vehicles and advanced telematics are helping route optimizations, making the driving safer & efficient.
Video telematics can record video clips, which can help in the event of an accident to detect mistakes and save the lives of drivers. Moreover, these devices can detect the driving style of a driver, which helps in reducing the harsh driving. This helps to analyze the effect of driving on tire and other vehicle components to minimize maintenance costs. The electronic logging device market is witnessing considerable growth due to these advantages.
Electronic Logging Device Market is expected to reach over USD 16 billion by 2025. These devices gained wide importance with the growing government mandates for driver's hours of service. Developed countries, such as the U.S., have enforced regulations to keep track of the driving hours, vehicle condition, and many other parameters. New features, such as vehicle tax reporting and monitoring driver style, have influenced the electronic logging device market. Driver information, such as driver logon/logoff, personal use, and certificate on driver's daily record, has become crucial for fleet management service providers to maximize the operational efficiency & productivity through the vehicles owing to the shortage of drivers and management of high truck capacities. According to the American Truck Association, nearly 71% of the freight tonnage moved to the U.S. goes on trucks. The driver shortage in the U.S. stood at 36,500, whereas it was estimated to be more than 50,000 in 2017. This issue has made it crucial to carry more goods by using current capacities, which is influencing the electronic logging device market growth.
The leading companies in the electronic logging device market, such as Donlen, Keeptrukin, and AT&T, are trying to include more monitoring features in the devices. Keeptrukin provides vehicle utilization, smart dashcam, asset tracking, and driver workflow features in its devices. Moreover, investment in software & applications is the key area of focus by companies augmenting the electronic logging device market. These platforms can be used on a driver?s smartphone and other devices to track information. The companies are shifting toward partnerships for developing technologies & platforms. Donlen made a partnership with Ford in April 2019, to provide fleet vehicle data services, which will use Transportation Mobility Cloud (TMC), an open platform by Ford, allowing the integration of current vehicle data with Ford?s modems.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/2057047/?utm_source=Openpr.com-AN
The electronic logging device market despite the growing popularity is witnessing some challenges, which can hamper the growth considerably. The ELD mandate in the U.S. even after a year of going into effect has faced growing resistance from drivers. The Federal Motor Carrier Safety Administration did not provide the necessary training to law enforcement officers till November 2018. As a result, many officers were not ready to take action. The people spend a lot of time to challenge the violations filed by officers. Another challenge to the electronic logging device market is the technical specifications as many manufacturers fail to meet the required technical specifications, resulting in the use of cheap systems, particularly by small carriers
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Electronic Logging Device Industry Insights
Chapter 4. Electronic Logging Device Market, By Component
Chapter 5. Electronic Logging Device Market, By Form Factor
Chapter 6. Electronic Logging Device Market, By Vehicle Type
Chapter 7. Electronic Logging Device Market, By Region
Chapter 8. Company Profiles
Related Reports: -
Global Electronic Logging Device (ELD) Market Insights, Forecast to 2025
This report presents the worldwide Electronic Logging Device (ELD) market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Electronic Logging Device Market Share? AT&T Fleet Complete, TomTom Telematics, Verizon Connect, Donlen, Garmin ELD, Geotab, KeepTruckin, Omnitracs, ORBCOMM, Pedigree Technologies, Samsara, Stoneridge, Teletrac Navaman, Wheels Inc. here
News-ID: 1972578 • Views: 115
More Releases from marketstudyreport.com
Covid -19 Impact on Video Conferencing Market Size 2026: Top Companies, Trends a …
Market Study Report recently introduced new title on “2020-2026 Global Video Conferencing Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates Market size outlook and status to 2026. Video Conferencing Market size is anticipated to grow at over 19% CAGR between 2020 and 2026. The global video conferencing market is set to register a tremendous rise in its growth
What's driving the Patient Monitoring Devices Market Size? Fukuda, Philips, Skan …
Selbyville, Delaware the prime objective of Patient Monitoring Devices report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. Wireless segment is anticipated to witness more than 5% growth over the forecast period. Substantial growth can be attributed to rising preference for
What's driving the 3D Implants Market trends? Stryker, Smith and Nephew, DJO Glo …
The 3D Implants market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Request a sample Report of 3D Implants Market at: https://www.marketstudyreport.com/request-a-sample/2679238/?utm_source=OPR.com/&utm_medium=SP The most likely (base case) scenario
Artificial Vascular Implants Market is thriving worldwide by 2025 | Top Key Play …
Global Artificial Vascular Implants Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2025. Artificial Vascular Implants Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Artificial Vascular Implants market and provides information regarding the revenue for the period 2020 to 2025. The Artificial Vascular Implants market report provides
More Releases for Electronic
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
This report titled as Electronic Voting Machine Market gives a brief about the comprehensive research and an outline of its growth in the market globally. Electronic voting is voting that uses electronic means to either aid or take care of casting and counting votes. Depending on the particular implementation, e-voting may use standalone electronic voting machines or computers connected to the Internet. It may encompass a range of Internet services,
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
The Electronic Voting Machine Market requires the prevailing regions in the market during the forecast period. Evidence on the region leading the market are some of the facets that are highlighted under this section of the report. A voting machine is a machine used to register and tabulate votes. The first voting machines were mechanical but it is increasingly more common to use electronic voting machines. Traditionally, a voting machine
Electronic Recycling Market - Increasing Consumption of Electronic Devices
In a report published recently, Transparency Market Research (TMR) provides insights into the growth drivers and restraints impacting the global electronic recycling market. The report is titled “Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019” and is available on the company website for sale. Based on the findings of the survey conducted, the report pegs the global market for electronic recycling market
Electronic Security Market
Electronic security consists of all the systems that use electronic devices and embedded technology to enhance safety measures and protect human life and physical assets. Electronic security systems are also used in business operations to protect confidential business data and to track unauthorised access to business related information and assets. Rise in urbanisation has led to development of smart cities, which has resulted in adoption of security systems as they
Global Electronic Pipettes Market 2015, Electronic Pipettes Market Growth, Elect …
9D Research Group has recently announced the addition of new report "Electronic Pipettes Market 2016 - Global Industry Size, Trends, Growth, Share, Opportunities and Forecast by 2020" to their offering. Global Electronic Pipettes Industry 2016 Market Research Report was a professional and depth research report on Global Electronic Pipettes industry that you would know the world's major regional market conditions of Electronic Pipettes industry, the main region including North American, Europe
Usability & Electronic Health Records
Recent research on electronic health record (EHR) adoption has reported that among the top barriers to adoption, usability concerns equal those of security, privacy and system-integration. User Centric, a user experience research and design firm based in Chicago, is a thought leader in how to ensure EHRs are evaluated for usability. As part of a free webinar series, Managing Director Robert Schumacher, Ph.D., will present “Usability & Electronic Health Records”