한글목차

세계의 전자 운행 기록 장치 시장의 미래는 소형 상용차, 트럭 및 버스 시장에서의 기회로 유망시되고 있습니다. 세계의 전자 운행 기록 장치(전자 로깅 장치) 시장은 2025년부터 2031년까지 4.0%의 연평균 성장률로 2031년까지 약 181억 달러에 달할 것으로 예상됩니다. 이 시장의 주요 촉진요인은 차량 관리 서비스의 효율성 향상에 대한 필요성 증가, 도로 안전에 대한 대중의 인식 증가, 운송 산업의 디지털화 증가입니다.

• Lucintel의 예측은 폼 팩터 카테고리 내에서는 특히 유럽과 북미 등 선진국에서 전자 로깅 장치를 빠르게 도입하고 있기 때문에 예측 기간 동안 임베디드 부문이 더 큰 비중을 차지할 것으로 예상합니다.
• 차종별로는 소형 상용차가 LCV의 검사 시간을 단축할 필요성이 높아지면서 최대 부문으로 계속 될 것으로 보입니다.
• 지역별로는 유럽이 차량 판매 급증과 주요 제조업체의 현재 및 미래 유기적, 무기적 성장 전략 채택 증가로 인해 예측 기간 동안 가장 큰 지역으로 남을 것입니다.

전자 운행 기록 장치 시장의 전략적 성장 기회

전자 운행 기록 장치(ELD) 시장은 기술의 발전과 규제 변화로 인해 견고한 성장을 거듭하고 있습니다. 기업들이 차량 운영을 보다 효율적으로 관리하기 위한 방법을 모색함에 따라 ELD는 규정 준수, 안전 및 데이터 관리를 개선합니다. 주요 적용 분야가 확대되면서 다양한 성장 기회를 제공하고 있습니다. 다음은 주요 애플리케이션 전반에 걸쳐 ELD 시장의 5가지 전략적 성장 기회입니다.

• 차량 관리 시스템과의 통합 : 차량 관리 시스템과 통합된 ELD는 차량 위치, 연료 사용량, 운전자 성과에 대한 실시간 데이터를 제공하여 운영 효율성을 향상시킵니다. 이러한 통합을 통해 기업은 경로를 최적화하고 운영 비용을 절감할 수 있으며, 기존 차량 관리 소프트웨어와 원활하게 연결되는 ELD 솔루션에 대한 수요가 증가하고 있습니다.
• 고급 데이터 분석 : ELD 내에서 고급 데이터 분석을 사용하면 운전 패턴, 차량 상태 및 규정 준수 지표를 심층적으로 분석할 수 있습니다. 기업은 이 데이터를 활용하여 안전과 효율성을 개선하기 위한 정보에 입각한 의사 결정을 내릴 수 있으며, 강력한 분석 기능과 실행 가능한 인사이트를 제공하는 ELD를 더 많이 채택할 수 있습니다.
• 강화된 규정 준수 기능 : 운전자 근무 시간 및 차량 유지 관리에 관한 규정이 더욱 엄격해지면서 자동 근무 시간 추적 및 실시간 위반 알림과 같은 향상된 규정 준수 기능을 갖춘 ELD가 각광받고 있습니다. 이를 통해 기업은 진화하는 법률을 계속 준수할 수 있으며, 종합적인 규정 준수 도구를 제공하는 ELD에 대한 수요가 증가하고 있습니다.
• 텔레매틱스 통합 : ELD를 텔레매틱스 솔루션과 통합하면 엔진 진단 및 운전자 행동을 포함하여 차량 운영에 대한 전체적인 관점을 얻을 수 있습니다. 이러한 통합은 예측 유지보수를 지원하고 전반적인 차량 성능을 개선하여 차량 관리 전략을 강화하는 텔레매틱스 기능을 제공하는 ELD의 성장 기회를 창출합니다.
• 모바일 및 클라우드 기반 솔루션 : 모바일 및 클라우드 기반 ELD 솔루션으로의 전환은 차량 운영자에게 더 큰 유연성과 접근성을 제공합니다. 이러한 솔루션은 원격 데이터 액세스, 실시간 업데이트, 간편한 확장성 등의 기능을 제공하여 기업들이 어디서나 관리할 수 있고 필요에 따라 확장할 수 있는 솔루션을 찾으면서 ELD 시장의 성장을 주도하고 있습니다.

전자 운행 기록 장치 시장은 이러한 성장 기회에 큰 영향을 받고 있습니다. 차량 관리 시스템과의 통합 및 고급 데이터 분석은 운영 효율성과 안전성을 향상시키고, 강화된 규정 준수 기능과 텔레매틱스 통합은 규정 준수와 차량 성능 향상을 보장합니다. 모바일 및 클라우드 기반 솔루션으로의 전환은 유연성과 확장성을 제공함으로써 시장 성장을 더욱 촉진하고 있으며, ELD는 현대적 차량 관리를 위한 필수 도구가 되고 있습니다.

전자 운행 기록 장치 시장 성장 촉진요인 및 과제

전자 운행 기록 장치(ELD) 시장은 기술 발전, 경제 상황, 규제 프레임워크의 복잡한 상호 작용에 의해 형성됩니다. 주요 촉진요인으로는 기술 발전, 규제 의무 강화, 차량 관리 요구 증가, 경제적 인센티브, 강화된 안전 기준 등이 있습니다. 반대로 높은 초기 비용, 상호운용성 문제, 데이터 프라이버시 문제 등이 걸림돌로 작용합니다. 이러한 요인들이 종합적으로 ELD 시장의 채택과 성장 궤도에 영향을 미칩니다.

전자 운행 기록 장치 시장 성장 촉진 요인

• 기술 발전 : 향상된 GPS 및 텔레매틱스를 포함한 ELD 기술의 급속한 발전은 실시간 추적 및 데이터 분석과 같은 향상된 기능을 제공함으로써 시장 성장을 주도하고 있습니다. 이러한 발전은 운영 효율성을 높이고, 수동 보고 오류를 줄이며, 실행 가능한 인사이트를 제공하여 차량 운영자에게 ELD 시스템을 더욱 매력적으로 만듭니다.
• 규제 의무 : 미국 연방 도로교통안전국(FMCSA)의 ELD 의무화와 같은 규정은 차량 운영자에게 전자 운행 기록 시스템을 채택하도록 강제하고 있습니다. 이러한 규정을 준수하면 벌금을 피할 수 있을 뿐만 아니라 보고 관행을 표준화하여 투명성을 높이고 전반적인 차량 관리를 개선할 수 있습니다.
• 차량 관리의 필요성 : 효과적인 차량 관리 솔루션에 대한 필요성이 커지면서 ELD 도입이 증가하고 있습니다. 차량 운영자는 경로를 최적화하고, 운전자 행동을 모니터링하고, 연료 소비를 관리할 수 있는 시스템을 찾고 있습니다. ELD는 이러한 기능을 제공하여 기업이 운영 비용을 절감하고 물류 효율성을 개선할 수 있도록 지원합니다.
• 경제적 인센티브 : 보험료 절감 가능성, 경로 최적화를 통한 연료 절감 등 경제적 이점은 ELD 도입의 중요한 촉진요인으로 작용합니다. 관리 비용 절감과 규정 준수 개선으로 인한 투자 수익률(ROI)은 차량 운영자가 이러한 시스템을 구현하도록 장려합니다.
• 안전 기준 강화 : 도로 안전 개선은 ELD 시장의 중요한 원동력입니다. 정확한 운행 기록을 제공하고 운행 시간 규정을 준수하도록 보장함으로써 ELD는 운전자의 피로로 인한 사고를 줄여 도로를 더 안전하게 만들고 보험 비용을 절감하는 데 기여합니다.

전자 운행 기록 장치 시장의 과제

• 높은 초기 비용 : 특히 중소 규모의 차량 운영자에게는 ELD 시스템 구매 및 설치와 관련된 높은 초기 비용이 큰 장벽이 될 수 있습니다. 이러한 재정적 부담은 ELD의 장기적인 이점에도 불구하고 도입을 지연시키거나 시장의 성장을 제한할 수 있습니다.
• 상호운용성 문제 : 상호운용성 문제는 서로 다른 제조업체의 ELD 시스템이 원활하게 통합되지 않을 때 발생합니다. 이로 인해 데이터 공유 및 시스템 호환성에 문제가 발생하여 차량 관리 프로세스가 복잡해지고 혼합 브랜드 시스템을 사용하는 운영자 사이에서 채택을 꺼리게 될 수 있습니다.
• 데이터 프라이버시 문제 : ELD 시스템이 민감한 운전자 및 운행 데이터를 수집함에 따라 데이터 보안 및 개인정보 보호에 대한 우려가 커지고 있습니다. 데이터 보호 규정을 준수하고 개인정보 보호 문제를 해결하는 것은 사용자 신뢰를 유지하고 잠재적인 법적 문제를 예방하는 데 필수적입니다.

전자 운행 기록 장치 시장은 다양한 촉진요인과 도전 과제에 의해 영향을 받습니다. 기술 발전, 규제 요건, 차량 관리 요구, 경제적 인센티브, 안전 표준 등이 종합적으로 시장 성장을 촉진합니다. 그러나 높은 초기 비용, 상호운용성 문제, 데이터 프라이버시 문제는 상당한 장애물이 되고 있습니다. 이러한 문제를 해결하면서 촉진요인을 활용하면 더 광범위한 ELD 채택을 촉진하여 전반적인 시장 역학을 개선하고 차량 관리 및 안전 강화에 기여할 수 있습니다.

목차

제1장 주요 요약

제2장 세계의 전자 운행 기록 장치 시장 : 시장 역학

• 소개, 배경, 분류
• 공급망
• 업계의 촉진요인과 과제

제3장 시장 동향과 예측 분석(2019-2031년)

• 거시경제 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 전자 운행 기록 장치 시장 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 전자 운행 기록 장치 시장 : 폼 팩터별
  • 임베디드형
  • 통합형
• 세계의 전자 운행 기록 장치 시장 : 컴포넌트별
  • 디스플레이
  • 텔레매틱스 장치
  • 기타
• 세계의 전자 운행 기록 장치 시장 : 차종별
  • 소형 상용차
  • 트럭
  • 버스
• 세계의 전자 운행 기록 장치 시장 : 서비스 유형별
  • 엔트리 레벨
  • 중급
  • 하이엔드

제4장 지역별 시장 동향과 예측 분석(2019-2031년)

• 세계의 전자 운행 기록 장치 시장 : 지역별
• 북미의 전자 운행 기록 장치 시장
• 유럽의 전자 운행 기록 장치 시장
• 아시아태평양의 전자 운행 기록 장치 시장
• 기타 지역의 전자 운행 기록 장치 시장

제5장 경쟁 분석

• 제품 포트폴리오 분석
• 운영 통합
• Porter's Five Forces 분석

제6장 성장 기회와 전략 분석

• 성장 기회 분석
  • 세계의 전자 운행 기록 장치 시장의 성장 기회: 폼 팩터별
  • 세계의 전자 운행 기록 장치 시장의 성장 기회: 컴포넌트별
  • 세계의 전자 운행 기록 장치 시장의 성장 기회: 차종별
  • 세계의 전자 운행 기록 장치 시장의 성장 기회: 서비스 유형별
  • 세계의 전자 운행 기록 장치 시장의 성장 기회: 지역별
• 세계의 전자 운행 기록 장치 시장의 새로운 동향
• 전략적 분석
  • 신제품 개발
  • 세계의 전자 운행 기록 장치 시장의 생산능력 확대
  • 세계의 전자 운행 기록 장치 시장의 기업합병 및 인수(M&A), 합작사업
  • 인증 및 라이선싱

제7장 주요 기업 프로파일

• Omnitracs
• Trimble
• Geotab
• Donlen
• Teletrac Navman

영문목차

The future of the global electronic logging device market looks promising with opportunities in the light commercial vehicle, truck, and bus markets. The global electronic logging device market is expected to reach an estimated $18.1 billion by 2031 with a CAGR of 4.0% from 2025 to 2031. The major drivers for this market are the rising need to improve the efficiency of fleet management services, growing public awareness about road safety, and increasing digitalization in the transportation industry.

• Lucintel forecasts that, within the form factor category, the embedded will remain the larger segment over the forecast period due to the quick uptake of electronic logging devices in developed nations, especially in Europe and North America.
• Within the vehicle type category, light commercial vehicles will remain the largest segment due to the increasing need to lower the inspection time of LCVs.
• In terms of region, Europe will remain the largest region over the forecast period due to the surge in vehicle sales and increasing adoption of current and future organic and inorganic growth strategies by the major manufacturers.

Gain valuable insights for your business decisions with our comprehensive 150+ page report.

Emerging Trends in the Electronic Logging Device Market

The electronic logging device (ELD) market is evolving rapidly due to increasing regulatory demands, technological advancements, and the need for improved fleet management. ELDs, initially introduced to ensure compliance with Hours of Service (HOS) regulations, have expanded their functionality by integrating features like real-time tracking and advanced analytics. As the transportation industry faces new challenges, ELDs are becoming critical tools for optimizing operations, ensuring safety, and enhancing efficiency. This context sets the stage for exploring key trends that are shaping the future of the ELD market.

• Integration with Advanced Fleet Management Systems: The integration of ELDs with advanced fleet management systems is becoming increasingly common. This trend allows companies to streamline operations by combining vehicle tracking, fuel management, driver behavior analysis, and maintenance alerts into a single platform. This holistic approach improves operational efficiency, reduces costs, and enhances compliance. By providing a comprehensive view of fleet operations, integrated systems empower fleet managers to make data-driven decisions, ultimately leading to safer and more efficient transportation networks.
• Adoption of Artificial Intelligence and Machine Learning: AI and machine learning are revolutionizing the ELD market by enabling predictive analytics and automation. These technologies analyze vast amounts of data collected by ELDs to predict maintenance needs, identify risky driving behaviors, and optimize routes in real time. By leveraging AI, fleet managers can proactively address issues before they become problems, enhancing safety and reducing downtime. This trend underscores the shift toward more intelligent, responsive, and adaptive fleet management solutions.
• Focus on Driver-Centric Features: There is a growing emphasis on developing driver-centric features in ELDs to enhance user experience and compliance. Modern ELDs now include features such as user-friendly interfaces, voice recognition, and real-time feedback on driving performance. These advancements not only make it easier for drivers to comply with regulations but also help reduce fatigue and stress. By prioritizing the needs of drivers, this trend contributes to safer roads and more satisfied, productive drivers.
• Expansion into Small and Medium-Sized Fleets: The adoption of ELDs is expanding beyond large fleets to include small and medium-sized enterprises (SMEs). This trend is driven by decreasing costs and the availability of scalable, cloud-based solutions. As SMEs recognize the benefits of ELDs in terms of compliance, efficiency, and cost savings, they are increasingly investing in these technologies. This expansion is democratizing access to advanced fleet management tools, allowing smaller players to compete more effectively in the transportation industry.
• Enhanced Data Security and Privacy Measures: As ELDs become more sophisticated, ensuring data security and privacy has become a critical concern. With the increasing volume of sensitive data being transmitted and stored, there is a heightened focus on implementing robust cybersecurity measures. This includes encryption, secure data transmission protocols, and compliance with data protection regulations. This trend highlights the importance of protecting both fleet operators and drivers from potential data breaches, fostering trust in ELD systems, and ensuring long-term market growth.

These trends are fundamentally reshaping the electronic logging device market by driving innovation, enhancing safety, and expanding the accessibility of advanced fleet management solutions. The ongoing integration of AI, focus on driver-centric features and heightened emphasis on data security are not only transforming how fleets operate but also setting new standards for compliance and efficiency in the transportation industry. As these trends continue to evolve, ELDs will play an increasingly central role in the future of fleet management.

Recent Developments in the Electronic Logging Device Market

The electronic logging device (ELD) market has experienced significant advancements recently, driven by regulatory changes, technological innovation, and increased adoption across various sectors. These developments aim to enhance compliance, improve data accuracy, and streamline fleet management processes. The following outlines the five key developments shaping the current landscape of the ELD market.

• Integration with Fleet Management Systems: Recent ELDs are increasingly integrated with comprehensive fleet management systems. This integration allows for real-time tracking, automated reporting, and enhanced data analytics, providing fleet operators with valuable insights into vehicle performance and driver behavior. This development helps improve operational efficiency and compliance while reducing administrative burdens.
• Enhanced Data Security Features: With growing concerns over data privacy, ELD manufacturers are implementing advanced security measures. These include encrypted data storage, secure communication protocols, and robust access controls. Enhanced data security protects sensitive driver and vehicle information from unauthorized access, ensuring compliance with stringent regulations and reducing the risk of data breaches.
• Improved User Interfaces: Modern ELDs are focusing on user-friendly interfaces that simplify interactions for drivers and fleet managers. Touchscreen displays, intuitive navigation, and customizable dashboards enhance usability and reduce training time. This improvement helps ensure that drivers can easily record and manage their hours of service while fleet managers can efficiently monitor and analyze data.
• Support for Over-the-Air Updates: Over-the-air (OTA) updates have become a standard feature in new ELD models. This capability allows for remote software updates and feature enhancements without requiring physical device modifications. OTA updates ensure that ELDs remain compliant with evolving regulations and benefit from the latest technological advancements, minimizing downtime and maintenance costs.
• Advanced Compliance Reporting: ELDs now offer sophisticated compliance reporting features, including automated log generation, violation alerts, and detailed audit trails. These features assist fleet operators in meeting regulatory requirements more efficiently and accurately. Enhanced compliance reporting reduces the risk of fines and penalties, improving overall fleet management and operational transparency.

These recent developments in the electronic logging device market reflect a broader trend toward enhanced functionality, security, and user experience. Integration with fleet management systems, improved data security, and user-friendly interfaces are driving operational efficiency and compliance. Support for OTA updates and advanced compliance reporting further streamline fleet management processes, demonstrating the market's ongoing evolution to meet the needs of modern transportation and logistics industries.

Strategic Growth Opportunities for Electronic Logging Device Market

The electronic logging device (ELD) market is experiencing robust growth driven by advancements in technology and regulatory changes. As businesses seek more efficient ways to manage their fleet operations, ELDs offer improved compliance, safety, and data management. Key applications are expanding, presenting diverse growth opportunities. Here are five strategic growth opportunities in the ELD market across key applications:

• Integration with Fleet Management Systems: ELDs integrated with fleet management systems enhance operational efficiency by providing real-time data on vehicle location, fuel usage, and driver performance. This integration helps companies optimize routes and reduce operational costs, leading to increased demand for ELD solutions that offer seamless connectivity with existing fleet management software.
• Advanced Data Analytics: The use of advanced data analytics within ELDs allows for in-depth analysis of driving patterns, vehicle health, and compliance metrics. By leveraging this data, businesses can make informed decisions to improve safety and efficiency, leading to greater adoption of ELDs that offer robust analytics capabilities and actionable insights.
• Enhanced Compliance Features: As regulations around driver hours and vehicle maintenance become more stringent, ELDs with enhanced compliance features, such as automatic hours-of-service tracking and real-time violation alerts, are gaining traction. This ensures that businesses remain compliant with evolving laws, driving the demand for ELDs that offer comprehensive regulatory compliance tools.
• Telematics Integration: Integrating ELDs with telematics solutions provides a holistic view of fleet operations, including engine diagnostics and driver behavior. This integration supports predictive maintenance and improves overall fleet performance, creating a growth opportunity for ELDs that offer telematics capabilities to enhance fleet management strategies.
• Mobile and Cloud-Based Solutions: The shift toward mobile and cloud-based ELD solutions enables greater flexibility and accessibility for fleet operators. These solutions offer features like remote data access, real-time updates, and easy scalability, driving growth in the ELD market as businesses seek solutions that can be managed from anywhere and scaled to meet their needs.

The electronic logging device market is significantly impacted by these growth opportunities. Integration with fleet management systems and advanced data analytics are enhancing operational efficiency and safety, while enhanced compliance features and telematics integration ensure regulatory adherence and improved fleet performance. The shift toward mobile and cloud-based solutions is further driving market growth by providing flexibility and scalability, making ELDs an essential tool for modern fleet management.

Electronic Logging Device Market Driver and Challenges

The electronic logging device (ELD) market is shaped by a complex interplay of technological advancements, economic conditions, and regulatory frameworks. Major drivers include advancements in technology, increasing regulatory mandates, rising fleet management needs, economic incentives, and enhanced safety standards. Conversely, challenges stem from high initial costs, interoperability issues, and data privacy concerns. These factors collectively influence the adoption and growth trajectory of the ELD market.

The factors responsible for driving the electronic logging device market include:

• Technological Advancements: The rapid evolution of ELD technology, including improved GPS and telematics, drives market growth by offering enhanced features such as real-time tracking and data analytics. These advancements boost operational efficiency, reduce manual reporting errors, and provide actionable insights, making ELD systems more appealing to fleet operators.
• Regulatory Mandates: Regulations like the ELD mandate by the Federal Motor Carrier Safety Administration (FMCSA) in the U.S. compel fleet operators to adopt electronic logging systems. Compliance with these regulations not only avoids penalties but also standardizes reporting practices, which enhances transparency and improves overall fleet management.
• Fleet Management Needs: The growing need for effective fleet management solutions drives ELD adoption. Fleet operators seek systems that can optimize routes, monitor driver behavior, and manage fuel consumption. ELDs offer these capabilities, helping companies reduce operational costs and improve logistical efficiency.
• Economic Incentives: Economic benefits, such as potential reductions in insurance premiums and fuel savings from optimized routes, act as significant drivers for ELD adoption. The return on investment (ROI) from reduced administrative costs and improved compliance further incentivizes fleet operators to implement these systems.
• Enhanced Safety Standards: Improving road safety is a critical driver for the ELD market. By providing accurate driving records and ensuring compliance with hours-of-service regulations, ELDs help reduce accidents caused by driver fatigue, thus contributing to safer roads and lower insurance costs.

Challenges in the electronic logging device market are:

• High Initial Costs: The high upfront costs associated with purchasing and installing ELD systems can be a significant barrier, particularly for small and mid-sized fleet operators. This financial burden may delay adoption or limit the market's growth, despite the long-term benefits of ELDs.
• Interoperability Issues: Interoperability challenges arise when ELD systems from different manufacturers do not seamlessly integrate. This can cause complications in data sharing and system compatibility, complicating fleet management processes and potentially discouraging adoption among operators who use mixed-brand systems.
• Data Privacy Concerns: Concerns about data security and privacy are growing as ELD systems collect sensitive driver and operational data. Ensuring compliance with data protection regulations and addressing privacy concerns are essential for maintaining user trust and preventing potential legal issues.

The electronic logging device market is influenced by a blend of drivers and challenges. Technological advancements, regulatory requirements, fleet management needs, economic incentives, and safety standards collectively foster market growth. However, high initial costs, interoperability issues, and data privacy concerns pose significant hurdles. Addressing these challenges while leveraging the drivers can facilitate broader ELD adoption, improving overall market dynamics and contributing to enhanced fleet management and safety.

List of Electronic Logging Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electronic logging device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic logging device companies profiled in this report include-

• Omnitracs
• Trimble
• Geotab
• Donlen
• Teletrac Navman

Electronic Logging Device by Segment

The study includes a forecast for the global electronic logging device market by form factor, component, vehicle type, service type, and region.

Electronic Logging Device Market by Form Factor [Analysis by Value from 2019 to 2031]:

• Embedded
• Integrated

Electronic Logging Device Market by Component [Analysis by Value from 2019 to 2031]:

• Display
• Telematics Units
• Others

Electronic Logging Device Market by Vehicle Type [Analysis by Value from 2019 to 2031]:

• Light Commercial Vehicles
• Trucks
• Buses

Electronic Logging Device Market by Service Type [Analysis by Value from 2019 to 2031]:

• Entry Level
• Intermediate
• High-End

Electronic Logging Device Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Electronic Logging Device Market

The electronic logging device (ELD) market has experienced significant advancements in the United States, China, Germany, India, and Japan. These developments are driven by regulatory changes, technological innovations, and a growing demand for efficient fleet management. Each country is responding to these changes with unique strategies and solutions, shaping the global ELD landscape.

• United States: The U.S. market continues to evolve with updates to the ELD mandate, enhancing compliance and safety. Recent advancements focus on integrating ELDs with telematics for real-time data analytics and improved fleet management. The industry is also witnessing a rise in partnerships between ELD providers and software companies to offer more comprehensive solutions, catering to the needs of both large and small fleet operators.
• China: China's ELD market is growing rapidly due to the government's push for digital transformation in logistics. Recent developments include the introduction of AI-powered ELDs that enhance data accuracy and driver behavior monitoring. Local companies are increasingly focusing on developing cost-effective solutions tailored to small and medium-sized enterprises (SMEs). Additionally, the adoption of 5G technology is set to boost the capabilities of ELDs, offering faster data transmission and more reliable connectivity.
• Germany: The German ELD market is driven by stringent EU regulations and the need for efficient cross-border transportation. Recent trends include the integration of ELDs with advanced telematics systems, providing comprehensive fleet management solutions. German manufacturers are also investing in research and development to create more user-friendly devices with enhanced functionalities. The market is seeing a shift toward cloud-based ELD platforms, offering greater flexibility and scalability for fleet operators.
• India: In India, the ELD market is expanding rapidly due to government regulations aimed at improving road safety and reducing accidents. Recent developments include the introduction of low-cost ELD solutions designed for small fleet operators and owner-operators. Indian companies are also focusing on developing ELDs with multilingual support to cater to the diverse linguistic landscape. The increasing use of GPS and telematics in ELDs is enhancing route optimization and fuel efficiency, driving market growth.
• Japan: The Japanese ELD market is evolving with the adoption of smart logistics technologies. Recent advancements include the integration of ELDs with IoT devices for better fleet management and predictive maintenance. Japanese companies are also exploring the use of blockchain technology to ensure data security and transparency in the ELD ecosystem. The market is witnessing a growing demand for customizable ELD solutions that can be tailored to the specific needs of different industries, such as construction and logistics.

Features of the Global Electronic Logging Device Market

Market Size Estimates: Electronic logging device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Electronic logging device market size by various segments, such as by form factor, component, vehicle type, service type, and region in terms of value ($B).

Regional Analysis: Electronic logging device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different form factors, components, vehicle types, service types, and regions for the electronic logging device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic logging device market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

If you are looking to expand your business in this or adjacent markets, then contact us. We have done hundreds of strategic consulting projects in market entry, opportunity screening, due diligence, supply chain analysis, M & A, and more.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electronic logging device market by form factor (embedded and integrated), component (display, telematics unit, and others), vehicle type (light commercial vehicle, truck, and bus), service type (entry level, intermediate, and high-end), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Electronic Logging Device Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Electronic Logging Device Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Electronic Logging Device Market by Form Factor
  • 3.3.1: Embedded
  • 3.3.2: Integrated
• 3.4: Global Electronic Logging Device Market by Component
  • 3.4.1: Display
  • 3.4.2: Telematics Units
  • 3.4.3: Others
• 3.5: Global Electronic Logging Device Market by Vehicle Type
  • 3.5.1: Light Commercial Vehicles
  • 3.5.2: Trucks
  • 3.5.3: Buses
• 3.6: Global Electronic Logging Device Market by Service Type
  • 3.6.1: Entry Level
  • 3.6.2: Intermediate
  • 3.6.3: High-End

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Electronic Logging Device Market by Region
• 4.2: North American Electronic Logging Device Market
  • 4.2.1: North American Electronic Logging Device Market by Form Factor: Embedded and Integrated
  • 4.2.2: North American Electronic Logging Device Market by Vehicle Type: Light Commercial Vehicle, Truck, and Bus
• 4.3: European Electronic Logging Device Market
  • 4.3.1: European Electronic Logging Device Market by Form Factor: Embedded and Integrated
  • 4.3.2: European Electronic Logging Device Market by Vehicle Type: Light Commercial Vehicle, Truck, and Bus
• 4.4: APAC Electronic Logging Device Market
  • 4.4.1: APAC Electronic Logging Device Market by Form Factor: Embedded and Integrated
  • 4.4.2: APAC Electronic Logging Device Market by Vehicle Type: Light Commercial Vehicle, Truck, and Bus
• 4.5: ROW Electronic Logging Device Market
  • 4.5.1: ROW Electronic Logging Device Market by Form Factor: Embedded and Integrated
  • 4.5.2: ROW Electronic Logging Device Market by Vehicle Type: Light Commercial Vehicle, Truck, and Bus

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Electronic Logging Device Market by Form Factor
  • 6.1.2: Growth Opportunities for the Global Electronic Logging Device Market by Component
  • 6.1.3: Growth Opportunities for the Global Electronic Logging Device Market by Vehicle Type
  • 6.1.4: Growth Opportunities for the Global Electronic Logging Device Market by Service Type
  • 6.1.5: Growth Opportunities for the Global Electronic Logging Device Market by Region
• 6.2: Emerging Trends in the Global Electronic Logging Device Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Electronic Logging Device Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Electronic Logging Device Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Omnitracs
• 7.2: Trimble
• 7.3: Geotab
• 7.4: Donlen
• 7.5: Teletrac Navman