Automotive Logging Device Market: Future Scope and Forecast from 2023 to 2029

The Automotive Logging Device Market is projected to grow at a CAGR of 4.60% through 2029 and is currently valued at US$13.3 Bn in 2022. The Global Market is expected to become $18.22 Bn by 2029.


Automotive Logging Device Market Overview:

The Automotive Logging Device Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Automotive Logging Device Market, as well as the causes for variances in the industry’s growth in various places

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Automotive Logging Device Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.

Automotive Logging Device Market Drivers:

The implementation of automotive logging devices, also known as electronic logging devices (ELDs), has become crucial for fleet operators to track and monitor driver activities, ensure compliance with hours-of-service regulations, and enhance operational efficiency. ELDs provide accurate data on driving hours, rest periods, and vehicle maintenance, enabling better resource utilization and improved safety.

The report emphasizes the growing emphasis on road safety and driver monitoring as driving forces in the market. Automotive logging devices help in monitoring driver behavior, such as speeding, harsh braking, and excessive idling, leading to improved driver performance and reduced accidents.

The Automotive Logging Device Market report also highlights the impact of government regulations mandating the use of ELDs in commercial vehicles.

 

Automotive Logging Device Market Segmentation:

by Type

1.Hardware
2.Software
3.Services

by Vehicle Type

1.Commercial vehicles
2.Passenger vehicles
3.Off-road vehicles

by Components

1.Display
2.Telematics Unit

by Form Factor

1.Display
2.Telematics UnitIntegrated
3.Embedded
4.Electronic

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Automotive Logging Device Market Key Players: The key players are

North America:

1. Garmin International Inc. (United States)
2.Donlen (United States)
3.Lytx, Inc. (United States)
4. Omnitracs LLC (United States)
5. Drivertech (United States)
6.PeopleNet, Inc. (United States)
7. Samsara Corporation (United States)
8. Actsoft (United States)
9. e-Logistics (United States)
10. Fleet Complete (Canada)
11.Geotab (Canada)
12. Insight Telematics (United States)
13. Solera (United States)
14.Telogis (United States)
15. Trimble (United States)
16.Zonar Systems (United States)
17.AirIQ (Canada)

Europe:

1.Continental AG (Germany)
2.Daimler AG (Germany)
3.Comsoft (Germany)
4.Fleetmatics Group PLC (Ireland)
5. Teletrac Navman Group (Ireland)
6.Arknav (United Kingdom)

Asia Pacific:

1.Denso Corporation (Japan)
2.EROAD (New Zealand)

Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Automotive Logging Device Market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

Key Questions Answered in the Automotive Logging Device Market Report are:

Which sub-segment had the largest share in the Automotive Logging Device Market?

How is the competitive landscape of the Automotive Logging Device Market in 2023?

Which are the key drivers impacting the Automotive Logging Device Market growth?

Which region holds the maximum share in the Automotive Logging Device Market?

What will be the CAGR of the Automotive Logging Device Market during the forecast period (2023-2029)?

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