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    Electronic Logging Device Market Report

    Electronic Logging Device Market Report
    Report code - SRTI209 Delivery - 2 Weeks
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    Electronic Logging Device Market Size, Share, Trend, Forecast, & Industry Analysis &nd See more...

    Impact of COVID-19 on Electronic Logging Device Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Electronic Logging Device Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Electronic Logging Device market has been witnessing substantial growth in the past couple of years. The market is expected to experience a CAGR of 3.8% during the forecast period. The prime prevalence of political unrest and war-like situations among several countries is encouraging government authorities to increase their defense capabilities and stay prepared during crises.

    Electronic Logging Device Market – Snapshot

    Growth

    3.8% for the next five years

    Major Component Type

    Telematics unit

    Major Form Factor Type

    Embedded

    Dominated Vehicle Type

    Truck

    Region with the highest demand

    Europe

    Key Players

    AT&T Fleet Complete, Blue Ink Technology, CarrierWeb, Donlen, Garmin ELD, Geotab, KeepTruckin, Omnitracs, ORBCOMM, Pedigree Technologies, Samsara, Stoneridge, Teletrac Navaman, TomTom Telematics, Transflo, Trimble, Verizon Connect, Wheels Inc.

    Segment Analysis

    Electronic-Logging-Device-Market-Dominant-Segments

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    Electronic Logging Device Market Share: By Component Type

    Based on the component type, the electronic logging device market is segmented as display and telematics unit. The telematics unit segment dominates the market as it facilitates services such as calculating the driver’s hours of service; monitoring the vehicle’s condition, fuel efficiency, and tax report; and transmitting data through a GSM module. Further, telematics unit of an electronic logging device includes electronic logs, CO2 emission, vehicle inspection, fuel tracking, temperature monitoring, and more, fueling the growth of the segment during the forecast period.

    Electronic Logging Device Market Share: By Form Factor Type

    Based on the form factor type, the electronic logging device market is segmented as embedded and integrated. The embedded segment dominates the market owing to the rapid adoption of electronic logging device in developed regions, particularly in North America and Europe. Embedded electronic logging devices offer more features and are secure and reliable.

    Electronic Logging Device Market Share: By Vehicle Type

    Based on the vehicle type, the electronic logging device market is segmented as trucks, buses, and LCVs. The trucks’ segment dominates the market owing to a high demand for the transportation of varied goods globally while challenges, such as a shortage of drivers and truck capacity, have made it crucial to manage the available resources with high efficiency.

    Electronic Logging Device Market Share: By Region

    In terms of regions, Europe is estimated to have held the largest market share in 2020 as since 2006 digital tachographs were mandated in 27 European countries for commercial vehicle. The ongoing and upcoming organic and inorganic growth strategies devised by players in the market would lead to a significant upsurge in the market in Europe during the forecast period. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.

    Electronic-Logging-Device-Market-By-Region

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    Market Scope & Segmentation

    Electronic logging device is used by drivers of commercial motor vehicles (CMVs) to automatically record driving time and Hours of Service (HOS) records, as well as capture data on the vehicle’s engine, movement and miles driven.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Electronic Logging Device Market Research Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The electronic logging device market is segmented into the following categories. 

    Electronic Logging Device Market Size, Share, & Forecast, by Component Type:

    • Display (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Telematics Unit (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Electronic Logging Device Market Size, Share, & Forecast, by Form Factor Type:

    • Embedded (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Integrated (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Electronic Logging Device Market Size, Share, & Forecast, by Vehicle Type:

    • Truck (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Bus (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • LCV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Electronic Logging Device Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Electronic-Logging-Device-Market-Segmentation

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    Key Players

    Some of the major electronic logging device manufacturers are-

    • AT&T Fleet Complete
    • Blue Ink Technology
    • CarrierWeb
    • Donlen
    • Garmin ELD
    • Geotab
    • KeepTruckin
    • Omnitracs
    • ORBCOMM
    • Pedigree Technologies
    • Samsara
    • Stoneridge
    • Teletrac Navaman
    • TomTom Telematics
    • Transflo
    • Trimble
    • Verizon Connect
    • Wheels Inc.

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the component types by vehicle type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    The electronic logging device market is expected to witness an impressive growth of 3.8% CAGR in the foreseeable future.

    AT&T Fleet Complete, Blue Ink Technology, CarrierWeb, Donlen, Garmin ELD, Geotab, KeepTruckin, Omnitracs, ORBCOMM, Pedigree Technologies, Samsara, Stoneridge, Teletrac Navaman, TomTom Telematics, Transflo, Trimble, Verizon Connect, and Wheels Inc are among the key players in the electronic logging device market.

    Europe is expected to remain the largest electronic logging device market during the forecast period of 2021-26.

    The telematics unit segment dominates the electronic logging device market as it facilitates services such as calculating the drivers hours of service; monitoring the vehicles condition, fuel efficiency, and tax report; and transmitting data through a GSM module.

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