+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Global Electronic Logging Device Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

  • PDF Icon

    Report

  • 184 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5635877

ELD market is becoming more inclined toward smart features, such as vehicle tracking & monitoring, navigation details, power, driver performance measurement, and fuel status

The Global Electronic Logging Device Market is estimated to be USD 12.89 Bn in 2023 and is expected to reach USD 15.85 Bn by 2028 growing at a CAGR of 4.22%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Electronic Logging Device Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Electronic Logging Device Market is segmented based on Component, Type, Vehicle Type, and Geography.
  • By Component, the market is classified into Hardware and Services.
  • By Type, the market is classified into Embedded and Integrated.
  • By Vehicle Type, the market is classified into Light Commercial Vehicle and Heavy Commercial Vehicle.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are assured Techmatics, Inc., AT&T Inc., BridgeHaul Logistics Solutions, LLC, Influx Technology, Masternaut Ltd., TomTom Telematics, Trimble Inc., Samsara Inc., Verizon Communications Inc., etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Electronic Logging Device Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Electronic Logging Device Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Electronic Logging Device Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increase in Demand Due to Need for Operational Efficiency of Fleet Organization
4.1.2 Increased Digitization in Transport and Logistics
4.1.3 Increasing Service Offerings by Transport Companies for Supply Chain Management
4.1.4 ELD and Digital Tachograph Mandate to Drive R
4.2 Restraints
4.2.1 High Cost of ELD Device and Resistance from Drivers Due to the Hours of Service Rule
4.3 Opportunities
4.3.1 Government Initiatives Encouraging the Installation of ELD
4.3.2 Adoption of Artificial Intelligence in the Fleet Management System
4.4 Challenges
4.4.1 Data Management and Data Security are Complex Processes For Vendors
4.4.2 Lack of Awareness among Drivers and Fleet Owners in Emerging Countries
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Electronic Logging Device Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 External Display
6.2.2 Telematics Unit
6.2.3 Others
6.3 Services
6.3.1 Entry-Level Services
6.3.2 High-End Services
6.3.3 Intermediate Services
7 Global Electronic Logging Device Market, By Type
7.1 Introduction
7.2 Embedded
7.3 Integrated
8 Global Electronic Logging Device Market, By Vehicle Type
8.1 Introduction
8.2 Light Commercial Vehicle
8.3 Heavy Commercial Vehicle
9 Americas’ Electronic Logging Device Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe’s Electronic Logging Device Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa’s Electronic Logging Device Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC’s Electronic Logging Device Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 assured Techmatics, Inc.
14.2 AT&T Inc.
14.3 Azuga™ Inc.
14.4 BigRoad Inc.
14.5 Blue Ink Technology, Inc.
14.6 BridgeHaul Logistics Solutions, LLC
14.7 Coretex, Inc.
14.8 Donlen Corp
14.9 EROAD Inc.
14.10 Influx Technology
14.11 Garmin Ltd.
14.12 Geotab Inc.
14.13 Gorilla Safety Fleet Management
14.14 Global Tracking Communications, LLC
14.15 LeasePlan Corp.
14.16 Masternaut Ltd.
14.17 Motive Technologies, Inc.
14.18 Omnitracs LLC
14.19 Rand McNally
14.20 Teletrac Navman Ltd.
14.21 TomTom Telematics
14.22 Trimble Inc.
14.23 Samsara Inc.
14.24 Verizon Communications Inc.
14.25 Wheels, Inc.
14.26 WorkWave LLC
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • assured Techmatics, Inc.
  • AT&T Inc.
  • Azuga™ Inc.
  • BigRoad Inc.
  • Blue Ink Technology, Inc.
  • BridgeHaul Logistics Solutions, LLC
  • Coretex, Inc.
  • Donlen Corp
  • EROAD Inc.
  • Influx Technology
  • Garmin Ltd.
  • Geotab Inc.
  • Gorilla Safety Fleet Management
  • Global Tracking Communications, LLC
  • LeasePlan Corp.
  • Masternaut Ltd.
  • Motive Technologies, Inc.
  • Omnitracs LLC
  • Rand McNally
  • Teletrac Navman Ltd.
  • TomTom Telematics
  • Trimble Inc.
  • Samsara Inc.
  • Verizon Communications Inc.
  • Wheels, Inc.
  • WorkWave LLC

Table Information