Electronic Logging Device Market is Projected to Reach 15.23 billion in 2028 - GlobeNewswire

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Electronic Logging Device Market is expected to scope 15.23 cardinal successful 2028, increasing astatine a CAGR of 4.12% during 2022- 2028, reports Stratview Research.

| Source: Stratview Research


Raipur, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Stratview Research, a starring market probe firm has launched a study connected the Electronic Logging Device Market which provides an in-depth investigation of the marketplace dynamics, existent and emerging trends, manufacture forecast, and competitory landscape.

Click present to get the escaped illustration pdf:

https://www.stratviewresearch.com/Request-Sample/1444/electronic-logging-device-market.html#form

How is the Report Helpful?

The study has a precise precocious inferior for the cardinal decision-makers and strategists successful presumption of close marketplace insights, aboriginal maturation opportunities, and cardinal occurrence factors.

Most importantly, the study analyses the imaginable interaction of COVID-19 connected the marketplace dynamics which offers cushioning against the uncertain concern situation and helps successful streamlining the resources and concern decisions successful a fruitful manner.

What are the Top Market Drivers?

According to the report, the Electronic Logging Device Market is driven by a big of factors, immoderate of which are noted below:

  • Electronic logging instrumentality mandate for fleet absorption successful North American and Asian countries.
  • The increasing request for operational ratio successful fleet owning organizations.

The study besides includes maturation complaint estimates based upon the strength of drivers and constraints and provides the users with respective graphical illustrations of the cardinal insights.

Electronic Logging Device Market Segmentation:

Stratview Research has segmented the marketplace successful the pursuing ways which fulfil the marketplace information needs of aggregate stakeholders crossed the manufacture worth chain.

  • by Component Type
  • by Form Factor Type
  • by Vehicle Type
  • by Region

Electronic Logging Device Market Insights

Market Trends by Component Type

The marketplace is segmented arsenic show and telematics unit. The telematics portion conception dominates the marketplace arsenic it facilitates services specified arsenic calculating the driver’s hours of service; monitoring the vehicle’s condition, substance efficiency, and taxation report; and transmitting information done a GSM module. Further, telematics portion of an physics logging instrumentality includes physics logs, CO2 emission, conveyance inspection, substance tracking, somesthesia monitoring, and more, fuelling the maturation of the conception during the forecast period.

Market Trends by Form Factor Type

The marketplace is segmented arsenic embedded and integrated. The embedded conception dominates the marketplace owing to the accelerated adoption of physics logging instrumentality successful developed regions, peculiarly successful North America and Europe. Embedded physics logging devices connection much features and are unafraid and reliable.

Market Trends by Vehicle Type

The marketplace is segmented arsenic trucks, buses, and LCVs. The trucks’ conception dominates the marketplace owing to a precocious request for the proscription of varied goods globally portion challenges, specified arsenic a shortage of drivers and motortruck capacity, person made it important to negociate the disposable resources with precocious efficiency.

Which portion offers the champion accidental and growth?

Europe held the largest marketplace stock successful 2021 arsenic since 2006 integer tachographs were mandated successful 27 European countries for commercialized vehicle. The ongoing and upcoming integrated and inorganic maturation strategies devised by players successful the marketplace would pb to a important upsurge successful the marketplace successful Europe during the forecast period. North America and Asia-Pacific are besides expected to connection important maturation opportunities during the forecast period.

COVID-19 Impact connected the Electronic Logging Device Market

COVID-19 has enactment an instant halt to galore industries crossed the globe. Lockdown norms successful respective countries person swiftly affected the planetary system by affecting the proviso chain, production, and request successful the market. Both direct, arsenic good arsenic indirect impacts of the pandemic, person been incorporated successful this report.

To cognize much astir the covid-19 impact, get a escaped illustration report, here:

https://www.stratviewresearch.com/Request-Sample/1444/electronic-logging-device-market.html#form

Who are the Top Market Players?

After a thorough investigation of the market, the experts person listed a fewer cardinal players and discussed institution profiles of the below-given 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.

What deliverables volition you get successful this report?

  • In-depth investigation of the physics logging instrumentality market
  • Detailed marketplace segmentation.
  • Competitive-landscape analysis.
  • Historical, present, and aboriginal marketplace size analysis.
  • Industry trends, technologies, and advancements.
  • Growth and cognition strategies adopted by cardinal players.
  • Potential segments/regions offering promising growth.
  • Geographical beingness of the cardinal players.

Related reports which mightiness beryllium useful:

  1. Vehicle Intercom System Market
  2. Automotive Human Machine Interface (HMI) Market

About america –

Stratview Research is simply a planetary marketplace probe steadfast that offers reliable marketplace reports, marketplace introduction strategies, strategical maturation consulting, and more. The marketplace experts compile high-quality marketplace accusation to assistance users get granular level clarity connected existent concern trends and expected aboriginal developments. Stratview Research besides offers customisation of the reports. Reach retired to the analysts to customize the fixed study according to your priority/requirement.

Stratview Research has besides launched 'Composights', an online portal that offers escaped thought enactment reports, whitepapers, marketplace study synopsis, and overmuch much for Composites and allied industries, worthy US$ 20,000 each year.

Click present to motion up (No costs involved):

https://www.stratviewresearch.com/composights/sign-in


Contact Data

Stratview Research E-mail: sales@stratviewresearch.com Direct: +1-313-307-4176

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