Press release
Electronic Logging Device Market Demand, Growth, Industry Updates and Forecast Report to 2027 | Key Players Donlen., Geotab Inc., HEM Data, Influx Technology, Intrepid Control Systems
Electronic logging device is electronic hardware which is attached to a commercial motor vehicle engine to record driving hours. The driving hours of commercial drivers are regulated by a set of rules known as the hours of service. They help to create a safer work environment for drivers of commercial motor vehicles to track, manage and share data accurately on driving and also off-duty time.Leading Electronic Logging Device Market Players: Donlen., Geotab Inc., HEM Data Corporation, Influx Technology, Intrepid Control Systems, Inc., Masternaut Limited., Merchants Fleet, RACELOGIC GmbH, Trimble Inc., Vector Informatik GmbH
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The electronic logging Device market is heavily influenced by driving factors such as policies enacted by the government that mandate the use of electronic logging device market multitasking and data records that simplify and organize the documents, the significant factors that are expected to boost the electronic logging device market during the forecast period. However, the use of automatic On-board recording device (AOBRD and electronic on-board recorder (EORBD) devices which are less efficient as compared to electronic logging Device, is a key factor that is projected to hamper the global electronic logging device market during the forecast period.
The βGlobal electronic logging device market analysis to 2027β is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global electronic logging device market trend analysis. The report aims to provide an overview of the electronic logging device market with detailed market segmentation by vehicle type, by component, form factor and by service. The global electronic logging device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electronic logging device market players and offers key trends and opportunities in the electronic logging device market.
The global electronic logging device market is segmented on the basis of vehicle type, by component, form factor and by service. Based on vehicle type the market is segmented as light commercial vehicle, truck and bus. Based on the component the market is segmented as external display and telematics unit. On the basis of form factor the market is segmented as embedded and integrated. Based on the service the market is segmented as entry-level services, intermediate services and high-end services.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electronic logging device market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electronic logging device market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electronic logging device market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the electronic logging device market in these regions.
The reports cover key developments in the electronic logging device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from electronic logging device market are anticipated to lucrative growth opportunities in the future with the rising demand for electronic logging device in the global market. Below mentioned is the list of few companies engaged in the electronic logging device market.
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TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. PublisherS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electronic Logging Device Market - By Vehicle Type
1.3.2 Electronic Logging Device Market - By Component
1.3.3 Electronic Logging Device Market - By Form Factor
1.3.4 Electronic Logging Device Market - By Service
1.3.5 Electronic Logging Device Market - By Region
1.3.5.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. ELECTRONIC LOGGING DEVICE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ELECTRONIC LOGGING DEVICE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
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