Why Electronic Logging Device Market is growing rapidly? AT&T, Donlen, Garmin, GEOTAB, KeepTruckin, Omnitracs, ORBCOMM, Samsara, Stoneridge, Teletrac Navman, TomTom, Trimble Inc.
According to the World Economic Forum, global population is growing at an exponential rate & is slated to reach 9 billion by 2050. Moreover, it has been estimated that by 2030, there would be more than 41 megacities across the globe, with a population of more than 10 million people each.
Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/3320
With a growing middle class populace worldwide, the proliferation of internet services and the expanding demand for e-commerce, the logistics sector is slated to witness substantial growth in the years to come. This growth will undoubtedly have an impact on the electronic logging device market as the demand for land-based logistics solutions keeps on increasing.
The U.S. Federal Motor Carrier Safety Administration (FMCSA) mandates that drivers record the roadworthiness of their vehicles before each trip, which requires drivers to go through a checklist of inspection points, such as-widescreen, tires etc. The ELD system allows drivers to fill in this inspection checklist through the in-cab tablet, which makes sure that nothing gets missed and is then uploaded to the cloud. FMCSA approved ELDs are therefore in demand, impelling electronic logging device market trends.
Vehicle diagnostics become easier to manage with an ELD system as it offers real-time reporting on fuel, carbon, odometer and fault codes, which allows organizations to actively set up maintenance plans and help avoid costly repairs due to unforeseen vehicle problems.
Since inspections by federal & state Department of Transportation officials are made easier with the implementation of ELD systems, government agencies are in support for rapid compliance with the mandate, a trend that is expected to augment electronic logging device market size. Data shows that hours of service violations have dropped by more than half of the levels recorded on December 2017 and are continuing to fall.
Make an inquiry for purchasing this report @ https://www.decresearch.com/inquiry-before-buying/3320
Electronic logging devices are predicted to be integrated in commercial vehicles at a rapid pace due to increasing demand as well as mandate for consistent vehicle data monitoring and efficient management of fleet. The electronic logging device market size is estimated to surpass USD 16 billion by 2025.
Table of Contents (ToC) of the report:
Chapter 5. Electronic Logging Device Market, By Form Factor
5.1. Key trends in electronic logging device industry, by type
5.2.1. Market estimates and forecast, 2015 - 2025
5.3.1. Market estimates and forecast, 2015 - 2025
Chapter 6.Electronic Logging Device Market, By Vehicle Type
6.1.Key trends in Electronic Logging Device Market, By Vehicle Type
6.2.1. Market estimates and forecast, 2015 - 2025
6.3.1. Market estimates and forecast, 2015 - 2025
6.4.1. Market estimates and forecast, 2015 - 2025
Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/electronic-logging-device-market
Contact Us: -
Website: - https://www.decresearch.com/
About Us: -
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.
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 Why Electronic Logging Device Market is growing rapidly? AT&T, Donlen, Garmin, GEOTAB, KeepTruckin, Omnitracs, ORBCOMM, Samsara, Stoneridge, Teletrac Navman, TomTom, Trimble Inc. here
News-ID: 2016171 • Views: 209
More Releases from Global Market Insights, Inc.
Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across
More Releases for Electronic
Electronic Logging Device Canada
There are some trucking companies that have what is known as an electronic logging device. This logger is actually a computer software program that keeps track of everything that goes on with the trucks. It can track the route, the fuel consumption and the maintenance on the vehicle. The trucking electronic logging devices in the truck can be hooked up to the company computer system and all of this can
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