Impact Of The Transportation And Logistics Sector On The Automotive Electronic Logging Device Market: Core Growth Enabler in the Automotive Electronic Logging Device Market, 2025

"Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Automotive Electronic Logging Device Industry Market Size Be by 2025?
The market size for automotive electronic logging devices has experienced significant growth recently. The market is projected to increase from $13.83 billion in 2024 to $14.68 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.2%. The historical growth can be primarily attributed to factors such as the growing adoption of telematics solutions, increasing concerns over managing driver fatigue, the rise of gig economy and last-mile delivery services, the requirement for precise tracking of service hours, and the escalating demand for thorough compliance reporting.

What's the Long-Term Growth Forecast for the Automotive Electronic Logging Device Market Size Through 2029?
The market size of the automotive electronic logging device is anticipated to experience significant increases in the coming years, reaching a size of $18.43 billion by 2029 and averaging a compound annual growth rate (CAGR) of 5.8%. This projected growth during the forecast period can be attributed to the heightened focus on enhancing productivity and efficiency, increased attention on improving supply chain visibility, rising demand for solutions that monitor driver behaviour, expansion in the transportation and logistics sector, and larger investments into intelligent transportation infrastructure. Key trends for the forecast period comprise advancements in ELD hardware technology, a move towards paperless documentation, growth in mobile ELD applications, enlargement of the commercial trucking industry, and progress in measures for data security and privacy.

View the full report here:
https://www.thebusinessresearchcompany.com/report/automotive-electronic-logging-device-global-market-report

What Are the Key Growth Drivers Fueling the Automotive Electronic Logging Device Market Expansion?
The expansion of the transportation and logistics industry is predicted to fuel the growth of the automotive electronic logging device market. This industry involves the effective and efficient relocation and management of goods, individuals, and resources from one site to another. The increasing demand for this sector, driven by e-commerce growth and the need for efficient supply chain management, boosts the need for electronic logging devices (ELDs). These tools offer live monitoring features, allowing fleet managers to track vehicle locations and statuses, oversee driver conduct, and detect alerts for potential problems like unauthorized vehicle utilization or excessive idling. ELDs largely automate data collection and storage related to driver behavior and vehicle function essential in the transportation and logistics industry, simplifying record management processes. As an example, the 2023 State of Logistics Report by Logistics Management, a US-based trade publication platform for logistics and transportation, reported that in 2022, commercial logistics spending in the United States rose by 19.6% from 2021, reaching $2.3 trillion. As a result, the expanding transportation and logistics sector is propelling the growth of the automotive electronic logging device market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14644&type=smp

What Are the Key Trends Driving Automotive Electronic Logging Device Market Growth?
Leading businesses in the automotive electronic logging device sector are concentrating on high-tech products like the Vehicle Link ELD to maintain their market position. This compact gadget offers hours of service (HOS) reporting, driver vehicle inspection report (DVIR) logs, and more. For instance, Rand McNally, an American firm offering commercial transport tech solutions, introduced the Vehicle Link ELD in May 2022. This new ELD allows managers to monitor truck location and vehicle conditions in fleets with multiple trucks. Easy to use, reliable, and easy to hide within the vehicle, it's a petite electronic logging device that connects to a truck's diagnostic port and syncs with the Rand VL app on an Android device, transmitting HOS details to the app for reporting. This enables drivers to fill out vehicle inspection reports electronically, enhancing safety and regulatory compliance. Keeping track of fuel expenditure is crucial for International Fuel Tax Agreement (IFTA) reporting.

How Is the Automotive Electronic Logging Device Market Segmented?
The automotive electronic logging device market covered in this report is segmented -

1) By Component: Display, Telematics Unit
2) By Form Factor: Embedded, Integrated
3) By Service Type: Entry Level, Intermediate, High End
4) By Vehicle Type: Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)

Subsegments:
1) By Display: LCD Or LED Displays, Touchscreen Displays, Digital Displays, Customizable Displays
2) By Telematics Unit: GPS Module, Cellular Communication Module (3G, 4G, 5G), Data Storage And Processing Unit, Connectivity And Communication Interfaces (Bluetooth, Wi-Fi)

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14644&type=smp

Which Companies Are Leading the Charge in Automotive Electronic Logging Device Market Innovation?
Major companies operating in the automotive electronic logging device market are Verizon Communications Inc., AT&T Inc., Garmin Ltd., Trimble Inc., Stoneridge Inc., Donlen LLC, Geotab Inc., Omnitracs LLC, WorkWave LLC, CalAmp Corporation, Spireon Inc., Motive Technologies Inc., MiX Telematics Limited, Samsara Inc., EROAD Inc., Azuga Inc., GPS Insight LLC, Rand McNally, Trucker Path Inc., Whip Industries Inc., Fleet Complete Inc., Idelic Inc., Teletrac Navman US Ltd.

Which Regions Are Leading the Global Automotive Electronic Logging Device Market in Revenue?
North America was the largest region in the automotive electronic logging device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive electronic logging device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14644

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Contact Us:
The Business Research Company
Europe: +44 7882 955267
Asia: +91 88972 63534
Americas: +1 310-496-7795
Email: info@tbrc.info
Follow Us On:
•LinkedIn: https://in.linkedin.com/company/the-business-research-company
•Twitter: https://twitter.com/tbrc_info
•YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.