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(Hosting-NewsWire.com, April 30, 2019 ) The Electronic Logging Device Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.
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.
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.
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Top Leading Market Players:
1. Donlen. 2. Geotab Inc. 3. HEM Data Corporation 4. Influx Technology 5. Intrepid Control Systems, Inc. 6. Masternaut Limited. 7. Merchants Fleet 8. RACELOGIC GmbH 9. Trimble Inc. 10. Vector Informatik GmbH
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 Electronic Logging Device Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reason to Buy:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Electronic Logging Device Market. Highlights key business priorities in order to assist companies to realign their business strategies. The key findings and recommendations highlight crucial progressive industry trends in the Electronic Logging Device, thereby allowing players to develop effective long term strategies. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
Source: EmailWire.com
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