Electronic Logging Device Market is expected to rise to an estimated value of USD 17.52 billion by 2028, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the significant developments and advancements of communication technology such as 5G, along with trend of utilizing the data generated from e-logs.

Electronic Logging Device Market is hardware devices that are installed on the several types of commercial vehicles so that the data regarding the travelling route taken, distance travelled and time taken for travelling are recorded. This device helps in recording of the data regarding the engine and mobility of the vehicle through which a number of informed business decisions can take place regarding the maintenance of the vehicle, emissions of the vehicle efficiency and other major components. Presence of strict regulations and compliances regarding the installation and usage of these devices from the U.S. and European region; this factor is expected to drive the growth of the market Demand for providing better efficiency of operations from the fleets is expected to drive the growth of the market Rising levels of trucks availability in the “BRICS” countries; this factor is expected to drive the growth of the market Growth in demand of the services available from the logistics company requiring better supply chain management resulting in adoption of digital technologies and services; this factor is expected to drive the growth of the market.

Global Electronic Logging Device Market By Product (AOBRD, ELD, HOS), Vehicle Type (LCV, Truck, Bus, Taxi/Cabs), Component (External Display, Telematics Unit, Others), Subscription Type (ELD Without Screen, ELD With Screen), Form Factor (Embedded, Integrated), Service (Entry-Level Services, Intermediate Services, High-End Services), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2028.Lack of adoption from fleet owners globally due to their assumptions regarding these systems as being unnecessary expenses; this factor is expected to restrain the market growth Inadequate knowledge and information regarding the availability of these services in the various developing regions is expected to restrain the growth of the market Complications associated with replacing paper-based logging system with these devices along with restrained adoption from the drivers of these vehicles is expected to restrain the growth of the market.

Electronic Logging Device Market Scope and Market Size:
The electronic logging device market is segmented on the basis of component, form factor, new and aftermarket service and vehicle type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Based on the component, the electronic logging device market is segmented into display, telematics unit, other.
Based on the form factor, the electronic logging device market is segmented into embedded, integrated.
Based on the new and aftermarket service, the electronic logging device market is segmented into entry level services, intermediate services, and high-end services.
Based on the vehicle type, the electronic logging device market is segmented into light commercial vehicle, truck, bus.

Market Competitors:
Few of the major competitors currently working in the global electronic logging device market are Pedigree Technologies; KeepTruckin, Inc.; EROAD; FleetUp; Intrepid Control Systems, Inc.; Gorilla Safety Fleet Management; Omnitracs; Trimble Inc.; Verizon; Drivewyze; LINXUP; InTouchGPS; Geotab Inc.; Fleet Complete; Blue Ink Technology; Wheels, Inc.; Donlen; ORBCOMM; Garmin Ltd.; CarrierWeb Group of Companies; Transflo a Pegasus TransTech Company; Stoneridge, Inc.; Teletrac Navman US Ltd; TomTom Telematics BV; WorkWave, LLC; Merchants Fleet; LeasePlan; Vector Informatik GmbH; MICHELIN; Racelogic; HEM Data Corporation; Danlaw Technologies India Limited and Influx Technology.

Key Pointers Covered in the Electronic Logging Device Market:
Market Size
Market New Sales Volumes
Market Replacement Sales Volumes
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Regulatory Framework and Changes
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications

MAJOR TOC OF THE REPORT:
Chapter One: Electronic Logging Device Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Electronic Logging Device Market Competition, by Players
Chapter Four: Electronic Logging Device Market Size by Regions
Chapter Five: Electronic Logging Device Market Revenue by Countries
Chapter Six: Electronic Logging Device Market Revenue by Type
Chapter Seven: Electronic Logging Device Market Revenue by Application
Chapter Eight: Electronic Logging Device Market Revenue by Industries
Chapter Nine: Electronic Logging Device Market Revenue by Deployment Model
Chapter Ten: Electronic Logging Device Market Revenue by End User

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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Convertible Electronic Logging Device Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Electronic Logging Device Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model

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