Electronic Logging Device Market: Global INdustry Trends and COVID-19 Impact Analysis
This strategic assessment report provides a comprehensive analysis that reflects today’s Electronic Logging Device Market realities and future possibilities for the forecast period of 2021 to 2026.
Stratview Research announces the launch of a new research report on The Electronic Logging Device Market is Segmented by Component Type (Display and Telematics Unit), by Form Factor Type (Embedded and Integrated), by Vehicle Type (Truck, Bus, and LCV), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Electronic Logging Device Market consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.
Report Features
The report delivers a detailed view of the industry based on global Electronic Logging Device Market size, market growth, and opportunities. The report also analyses market key aspects such as-
Market structure: Overview, industry life cycle analysis, supply chain analysis
Covid-19 Impact analysis.
Market environment analysis: Growth drivers and constraints, and SWOT analysis.
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Highlights from the Report
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.
Regional Analysis:
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.
According to the report, the key players of the market 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.
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