Automotive Logging Device Market Unidentified Segments – The Biggest Opportunity Of 2024| Omnitracs,
Author : Rahul Kadam | Published On : 01 Mar 2024
Advance Market Analytics published a new research publication on "Automotive Logging Device Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Automotive Logging Device market was mainly driven by the increasing R&D spending across the world.
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Some of the key players profiled in the study are:
Omnitracs (United States), Zonar Systems, Inc. (United States), Geotab (Canada), AT&T (United States), KeepTruckin, Inc. (United States), Teletrac Navman (United States), Trimble (United States), Donlen (United States), Garmin Ltd. (Switzerland), Verizon Connect (United States), WorkWave (United States), Merchants Fleet (United States), Masternaut (France), Webfleet Solutions B.V. (Netherlands), Vector Informatik (Germany), Racelogic (United Kingdom).
Scope of the Report of Automotive Logging Device
Automotive logging devices, or electronic logging devices (ELD), are electronic hardware that is connected to and synchronized with the engines of vehicles to collect critical information. This technology is mainly used by owners of commercial vehicles to record driving times and operating hours (HoS). A vehicle logging device also collects information about the movement of a vehicle, vehicle miles traveled, and the condition of the vehicle's engine. ELDs are currently connected to smartphones. Hence, they are expected to help display information on smartphones and problems are likely to be detected. The ELD smartphone app is the driver's safety, compliance, and safety manager programming the recording of vehicle information. It works by integrating with the vehicle's engine control module (ECM) to provide information about the vehicle's motion status, engine power, engine hours and kilometers traveled, as required by the ELD regulation. Commercial vehicles travel long distances compared to passenger cars because they are mainly used to transport goods. As a result, regular vehicle health checks are essential over long journeys. ELD systems are useful for regularly checking the health of vehicle components. The expansion of the transportation industry and the trade in goods between cities have increased. ELDs establish internal synchronization with the ECM and record important data that is transmitted via telematics or local devices. The location of the vehicle can easily be determined with the help of ELD. If necessary, a report on the vehicle condition can be displayed to the security office. Such features contribute to the proper maintenance of the vehicle. This, in turn, is likely to fuel the automotive logging device market in the near future. Several regulatory agencies have issued various vehicle safety standards to improve driving conditions and vehicle life. As a result, vehicle manufacturers must install ELDs in vehicles to comply with these standards, which in turn should drive the vehicle logging device market.
The titled segments and sub-section of the market are illuminated below:
by Application (Driving Time, Vehicle Miles Driven, Engine Health Condition, Others), Components (Display, Telematics Unit, Cable, Connectors, Other), Form (Embedded, Integrated), Vehicle Type (Passenger Vehicle, Commercial Vehicle), Deployment (Cloud-Based, On-Premises), Service Type (Entry-Level Services, Intermediate Services, High-End Services)
Market Trends:
Increasing Demand for Commercial Vehicles and Trucks
Data Can Be Harnessed to Make Informed Business Decisions
Opportunities:
Future Potential for 5G Technology Providers
Increasing Government Mandate toward Safety and Security of Vehicle
Market Drivers:
ELD and Digital Tachograph Mandate to Drive Revenue Streams for Vendors
Growing Need for Operational Efficiency in Fleet Owning Organizations
Growth in Service Offering By Transport Companies
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Automotive Logging Device Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Logging Device market
Chapter 2: Exclusive Summary – the basic information of the Automotive Logging Device Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Logging Device
Chapter 4: Presenting the Automotive Logging Device Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Automotive Logging Device market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Automotive Logging Device Market is a valuable source of guidance for individuals and companies.
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