Electronic Logging Device Market

Market Inshights

Growing demand for vehicle data monitoring to foster electronic logging device market

The growing need to improve commercial vehicles’ operation efficiency is driving the world’s electronic logging device market. Electronic logging device (ELD) technology is used in commercial vehicles, trucks, and buses to record driving time, hours of service (HoS), capture data on vehicle engine, movement & miles driven, and driver I.D. By using ELDs in their vehicles, drivers benefit from a reduced fuel cost reduction, increased driver productivity, and vehicle diagnostics in real time.

Moreover, with the advancement in technology, market players have developed a cloud-based ELD that is further easing the market demand. However, unskilled drivers and ELD’s high initial cost obstruct market growth. Overall, the global electronic logging device market accounted for US$ 12.04 Bn in 2018 and was estimated to grow with a CAGR of 5.1% during the forecast period.

Market Snapshot

Vehicle Type Segment Analysis

Truck segment to register major share during the forecast period.

Among the vehicle types divided into the truck, bus, and LCV, the truck segment contributes a major share in the market due to the higher number of trucks equipped with ELD devices. However, the lack of skilled drivers and their smooth transition from AOBRDS to ELD is a major concern for the slow adoption rate expected to hamper this segment’s growth in the long run. In addition, growth in the global middle-class population and their increasing disposable income are expected to drive the LCV segment towards a significant growth rate during the forecast period.

Moreover, in July 2019, Federal Motor Carrier Safety Administration (FMCSA) denied the request to exempt small carriers from the ELD mandate. This has further added the growth opportunity in the adoption rate in the LCV segment. This has further expected to drive the segment growth during the forecast period.

Regional Analysis

Europe the largest & North America, the fastest market.

On the basis of geography, the global electronic logging device market is further segmented into North America, Europe, Asia Pacific, and the Rest of the World. In 2018, Europe captured the largest share of the global market. Mandatory ELD installation rule in Europe dates back to 2006, helping the market grow. In addition, digital tachographs were made compulsory in 27 European countries for commercial vehicles. Further, the well-established automotive industry and strict transportation laws are helping the region to capture a major share of the market.

Further, with the passage of the ELD-compliance law by the U.S. federal government, U.S. commercial vehicle drivers must use ELD mandatorily by 16th December 2019. This strict federal government law is driving the high demand for ELD devices in the region. Moreover, major players in the market, such as Donlen, Geotab, Inc., Garmin Ltd., Trimble Inc., and AT&T, are situated in the region. This has further added advantages to growing the region at the fastest rate.

Key Industry Development: 

• In January 2019, Geotab Inc., a global leader in IoT and connected vehicle transportation, in partnership with Eleos, a SaaS-based transportation software developer company, announced the launch of UNIFY, designed for class 8 fleet transport and logistic applications. This new integrated solution provides customized open fleet management systems and FMCSA- compliant ELD.
• In November 2019, Geotab Inc. acquired India, a Spanish engineering firm that specialized in integrated technology for heavy trucks. With this acquisition, Geotab Inc. has strongly entered the market of Europe, and the company is expecting growth in its market share in the region.

Emerging partnership trend is keeping the market competitive.

The overall electronic logging device market is slightly fragmented, and market players are focusing on the partnership and acquisition of other small and medium players to increase their market share. Omnitracs (U.S.), Trimble Inc. (U.S.), Geotab Inc. (Canada), and Teletrac Navman U.S. Ltd are some of the leading players in the markets. Following is the list of major companies covered in this report.

List of Companies Covered:

• AT&T
• Samsara Networks, Inc.
• Omnitracs
• Trimble Inc.
• Teletrac Navman US Ltd
• ORBCOMM
• Garmin Ltd.
• Geotab Inc.
• Donlen
• Pedigree Technologies
• and Others

Historical & Forecast Period

The research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Segmentation Vehicle Type Segment (2017-2027; US$ Bn)

• Trucks
• Buses
• Light Commercial Vehicle (LCV)

 Component Segment (2017-2027; US$ Bn)

• Display
• Telematics Unit
• Others

 Form Factor Segment (2017-2027; US$ Bn)

• Embedded
• Integrated

 Deployment Segment (2017-2027; US$ Bn)

• Vehicle-based
• Cloud-based

 Geography Segment (2017–2027; US$ Bn)

• North America (U.S. and Rest of North America)
• Europe (U.K., Germany, France, and Rest of Europe)
• Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
• Rest of World (Middle East & Africa (MEA), Latin America)

The current report also comprehends qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to understand the global electronic logging device market better. In addition, the global report also comprises a graphical representation of a competitive landscape based on market initiatives and strategies, product portfolio, and business strengths.

Unique data points of this report

• Recent trends across different regions in terms of the development of the electronic logging device market
• Attractive investment proposition for application segment as well as geography

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Electronic Logging Device (ELD) Market
2.2. Global ELD Market, by Vehicle Type, 2018 (US$ Bn)
2.3. Global ELD Market, by Component Type, 2018 (US$ Bn)
2.4. Global ELD Market, by Form-factor, 2018 (US$ Bn)
2.5. Global ELD Market, by Deployment, 2018 (US$ Bn)
2.6. Global ELD Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global ELD Market Value, 2017 – 2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Electronic Logging Device (ELD) Market, by Vehicle Type , 2017 – 2027 (US$ Bn)
4.1. Overview
4.2. Truck
4.3. Buses
4.4. Light Commercial Vehicle (LCV)

5. Global Electronic Logging Device (ELD) Market, by Component Type, 2017 – 2027 (US$ Bn)
5.1. Overview
5.2. Display
5.3. Telematics Unit
5.4. Others

6. Global Electronic Logging Device (ELD) Market, by Form-factor, 2017 – 2027 (US$ Bn)
6.1. Overview
6.2. Embedded
6.3. Integrated

7. Global Electronic Logging Device (ELD) Market, by Deployment, 2017 – 2027 (US$ Bn)
7.1. Overview
7.2. Vehicle-based
7.3. Cloud-based

8. North America Electronic Logging Device (ELD) Market Analysis, 2017 – 2027 (US$ Bn)
8.1. Overview
8.1.1. North America ELD Market Value and Growth, 2017 – 2027, (US$ Bn)
8.2. North America ELD Market Value, By Vehicle Type, 2017 – 2027 (US$ Bn)
8.2.1. Market Analysis
8.3. North America ELD Market Value, By Component Type, 2017 – 2027 (US$ Bn)
8.3.1. Market Analysis
8.4. North America ELD Market Value, By Form-factor, 2017 – 2027 (US$ Bn)
8.4.1. Market Analysis
8.5. North America ELD Market Value, By Deployment, 2017 – 2027 (US$ Bn)
8.5.1. Market Analysis
8.6. North America ELD Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
8.6.1. Market Analysis
8.6.2. U.S.
8.6.3. Rest of North America

9. Europe Electronic Logging Device (ELD) Market Analysis, 2017 – 2027 (US$ Bn)
9.1. Overview
9.1.1. Europe ELD Market Value and Growth, 2017 – 2027, (US$ Bn)
9.2. Europe ELD Market Value, By Vehicle Type, 2017 – 2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Europe ELD Market Value, By Component Type, 2017 – 2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Europe ELD Market Value, By Form-factor, 2017 – 2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Europe ELD Market Value, By Deployment, 2017 – 2027 (US$ Bn)
9.5.1. Market Analysis
9.6. Europe ELD Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
9.6.1. Market Analysis
9.6.2. U.K.
9.6.3. Germany
9.6.4. France
9.6.5. Rest of Europe

10. Asia Pacific Electronic Logging Device (ELD) Market Analysis, 2017 – 2027 (US$ Bn)
10.1. Overview
10.1.1. Asia Pacific ELD Market Value and Growth, 2017 – 2027, (US$ Bn)
10.2. Asia Pacific ELD Market Value, By Vehicle Type, 2017 – 2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Asia Pacific ELD Market Value, By Component Type, 2017 – 2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Asia Pacific ELD Market Value, By Form-factor, 2017 – 2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Asia Pacific ELD Market Value, By Deployment, 2017 – 2027 (US$ Bn)
10.5.1. Market Analysis
10.6. Asia Pacific ELD Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
10.6.1. Market Analysis
10.6.2. Japan
10.6.3. China
10.6.4. India
10.6.5. Rest of Asia Pacific

11. Rest of the World Electronic Logging Device (ELD) Market Analysis, 2017 – 2027 (US$ Bn)
11.1. Overview
11.1.1. Rest of the World ELD Market Value and Growth, 2017 – 2027, (US$ Bn)
11.2. Rest of the World ELD Market Value, By Vehicle Type, 2017 – 2027 (US$ Bn)
11.2.1. Market Analysis
11.3. Rest of the World ELD Market Value, By Component Type, 2017 – 2027 (US$ Bn)
11.3.1. Market Analysis
11.4. Rest of the World ELD Market Value, By Form-factor, 2017 – 2027 (US$ Bn)
11.4.1. Market Analysis
11.5. Rest of the World ELD Market Value, By Deployment, 2017 – 2027 (US$ Bn)
11.5.1. Market Analysis
11.6. Rest of the World ELD Market Value, By Region, 2017 – 2027 (US$ Bn)
11.6.1. Market Analysis
11.6.2. Middle East & Africa
11.6.3. Latin America

12. Company Profiles
12.1. AT&T
12.2. Samsara Networks, Inc.
12.3. Omnitracs
12.4. Trimble Inc.
12.5. Teletrac Navman US Ltd
12.6. ORBCOMM
12.7. Garmin Ltd.
12.8. Geotab Inc.
12.9. Donlen
12.10. Pedigree Technologies

List of Figures

FIG. 1 Global Electronic Logging Device (ELD) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global ELD Market Segmentation
FIG. 4 Global ELD Market, by Vehicle Type, 2018, (US$ Bn)
FIG. 5 Global ELD Market, by Component Type, 2018, (US$ Bn)
FIG. 6 Global ELD Market, by Form-factor, 2018, (US$ Bn)
FIG. 7 Global ELD Market, by Deployment, 2018, (US$ Bn)
FIG. 8 Global ELD Market, by Geography, 2018 (US$ Bn)
FIG. 9 Global ELD Market Value, 2017 – 2027, (US$ Bn)
FIG. 10 Attractive Investment Proposition, by Geography, 2018
FIG. 11 Global Market Positioning of Key ELD Manufacturers, 2018
FIG. 12 Global ELD Market Value Share, by Vehicle Type, 2018 & 2027 (Value %)
FIG. 13 Global ELD Market Value for Truck, 2017 – 2027, (US$ Bn)
FIG. 14 Global ELD Market Value for Buses, 2017 – 2027, (US$ Bn)
FIG. 15 Global ELD Market Value for LCV, 2017 – 2027, (US$ Bn)
FIG. 16 Global ELD Market Value Share by Component Type, 2018 & 2027 (Value %)
FIG. 17 Global ELD Market Value for Display, 2017 – 2027, (US$ Bn)
FIG. 18 Global ELD Market Value for Telematics Unit, 2017 – 2027, (US$ Bn)
FIG. 19 Global ELD Market Value for Others, 2017 – 2027, (US$ Bn)
FIG. 20 Global ELD Market Value Share by Form-factor, 2018 & 2027 (Value %)
FIG. 21 Global ELD Market Value for Embedded, 2017 – 2027, (US$ Bn)
FIG. 22 Global ELD Market Value for Integrated, 2017 – 2027, (US$ Bn)
FIG. 23 Global ELD Market Value Share by Deployment, 2018 & 2027 (Value %)
FIG. 24 Global ELD Market Value for Vehicle-based, 2017 – 2027, (US$ Bn)
FIG. 25 Global ELD Market Value for Cloud-based, 2017 – 2027, (US$ Bn)
FIG. 26 North America ELD Market Value, 2017 – 2027, (US$ Bn)
FIG. 27 Europe ELD Market Value, 2017 – 2027, (US$ Bn)
FIG. 28 Asia Pacific ELD Market Value, 2017 – 2027, (US$ Bn)
FIG. 29 Rest of the World ELD Market Value, 2017 – 2027, (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Electronic Logging Device (ELD) Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global ELD Market, by Vehicle Type, 2017-2027, (US$ Bn)
TABLE 5 Global ELD Market, by Component Type, 2017 – 2027, (US$ Bn)
TABLE 6 Global ELD Market, by Form-factor, 2017 – 2027, (US$ Bn)
TABLE 7 Global ELD Market, by Deployment, 2017 – 2027, (US$ Bn)
TABLE 8 Global ELD Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 9 North America ELD Market, by Vehicle Type, 2017-2027, (US$ Bn)
TABLE 10 North America ELD Market, by Component Type, 2017 – 2027, (US$ Bn)
TABLE 11 North America ELD Market, by Form-factor, 2017 – 2027, (US$ Bn)
TABLE 12 North America ELD Market, by Deployment, 2017 – 2027, (US$ Bn)
TABLE 13 North America ELD Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 14 Europe ELD Market, by Vehicle Type, 2017-2027, (US$ Bn)
TABLE 15 Europe ELD Market, by Component Type, 2017 – 2027, (US$ Bn)
TABLE 16 Europe ELD Market, by Form-factor, 2017 – 2027, (US$ Bn)
TABLE 17 Europe ELD Market, by Deployment, 2017 – 2027, (US$ Bn)
TABLE 18 Europe ELD Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 19 Asia Pacific ELD Market, by Vehicle Type, 2017-2027 (US$ Bn)
TABLE 20 Asia Pacific ELD Market, by Component Type, 2017 – 2027 (US$ Bn)
TABLE 21 Asia Pacific ELD Market, by Form-factor, 2017 – 2027 (US$ Bn)
TABLE 22 Asia Pacific ELD Market, by Deployment, 2017 – 2027 (US$ Bn)
TABLE 23 Asia Pacific ELD Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 24 Rest of the World ELD Market, by Vehicle Type, 2017 – 2027, (US$ Bn)
TABLE 25 Rest of the World ELD Market, by Component Type, 2017 – 2027, (US$ Bn)
TABLE 26 Rest of the World ELD Market, by Form-factor, 2017 – 2027, (US$ Bn)
TABLE 27 Rest of the World ELD Market, by Deployment, 2017 – 2027, (US$ Bn)
TABLE 28 Rest of the World ELD Market Value, by Region, 2017 – 2027, (US$ Bn)
TABLE 29 AT&T: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 30 Samsara Networks, Inc.: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 31 Omnitracs: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 32 Trimble Inc.: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 33 Teletrac Navman US Ltd: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 34 ORBCOMM: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 35 Garmin Ltd.: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 36 Geotab Inc.: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 37 Donlen: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 38 Pedigree Technologies: Company Snapshot (Business Description; Component Type Portfolio; Financial Information; Business Overview and Recent Development)