The recent report by Markntel Advisors on Electronic Logging Device (ELD) Market Size, Share, Analysis Future and forecast 2022-2027 promises trustworthy, objective, and precise insights into the market with the addition of accurate and reliable data explaining and briefing about the elements of the industry. The diverse fragmentation of the industry is handled by investigating each element, segment-wise, region-wise, and more, to comprehend a detailed and systematic report to provide the stakeholder with all the various tools and details of the industry.
The researchers analyze the collected data and present an understanding of the flow of the market. Through various subdivisions, the report aims to declutter all the trends and factors fueling the market’s growth. The report is a systematical, chapter-wise thesis of multiple segments, areas, characteristics, environmental or regional influence, and other factors involved in the overall growth and establishment of the industry. By dividing the market into chapters, the analysts present the report more straightforwardly to point out all the minute details of the industry and how it influences other factors.
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The Key Elements Covered in Electronic Logging Device (ELD) Market Report:
- The report tracks and covers the regions where the market is partially and majorly active. Geographically, the market focuses on the place of manufacture, raw material extraction to the area where the products consumers are based, to be the regional expansion of the industry. To track and forecast the market size, the geographically dominant region in the industry, concerning the central areas covered.
- The report is compiled systematically and methodically, with each section neatly covering its essence and influence in the market. Likewise, the report provides a credible selection of market dynamics consisting of the following significant pillars of the industry’s study, Market Drivers, Market Restraints, Growth Opportunities, Challenges
- A separate section to provide the impact of COVID-19 on the market to better grasp the fluctuation during and after the pandemic.
- Elaborated information on industry overview, specifications, definitions, suppliers, RD status, cost structure analysis, sources, technological advancement, the further scope for improvement, applications, and more.
Market Dynamics
Key Driver: Increasing Government Regulations Regarding the Safety of Drivers Vehicles
ELDs accurately record their driving times, making it more comfortable and faster to track, manage, share and improve the accuracy of a driver’s hours of service record, thereby helping drivers be less tired and stay within legally allowed driving hours.
Considering these advantages for the safety of drivers vehicles, governments are moving towards enforcing the ELD mandate. For instance:
- In 2017, the US passed implemented the ELD mandate for all commercial vehicles running in the country.
- On the other hand, the Canadian ELD regulations are likely to be implemented from 2022 onwards.
Hence, these significant initiatives would also encourage other countries to shift toward ELDs, which would drive the global market in the coming years..
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A Window into What Competitors Are Doing
The report comprises of detailed study of the steps, products, changes, marketing strategies, sustainability tactics, mergers, acquisition, and more which has shaped the industry and affected the market. The report showcases various elements to explain the dominance of competitors and the market, including:
- Recent developments
- Risk SWOT analysis
- Mergers and acquisition
- Performance
- Services offered
In the case of the Electronic Logging Device (ELD) market, the market participants include:
-Blue Ink Technology, Inc
-ATT Inc
-CarrierWeb LLC
-Donlen Corporation
-Garmin Ltd
-Geotab Inc
-KeepTruckin Inc
-Omnitracs LLC
-ORBCOMM Inc
-Pedigree Technologies LLC
-Samsara Inc
-Stoneridge Inc
-Teletrac Navaman US Ltd
-TomTom International BV
-Transflo
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Dividing The Electronic Logging Device (ELD) Market into Sections:
The report covers the bifurcations of the industry group based on a common element, on which further investigation is performed. Furthermore, the report provides data on each high-performer segment in each group of features and information about the reasons behind the part acquiring a higher share or flourishing more in the industry. Thus, a deep analysis of various market elements is presented by categorizing the segments as follows:
By Vehicle Type
-Light Commercial Vehicle
--Light Trucks
--Light Bus
-Medium Heavy Commercial Vehicle
--Trucks
--Bus
--Trailers
--Others
-Passenger Cars
-Others
By Installation
-Embedded
-Externally Integrated
By Components
-Engine Module
-Display
-Telematics
By Region
-North America
-South America
-Europe
-Middle East Africa
-Asia Pacific
Offers and Customizations of Electronic Logging Device (ELD) Market Report
For a personalized and customized research report on the Electronic Logging Device (ELD) Market, kindly contact Markntel Advisors. The analysts and researchers focus on providing accurate information, beneficial tools, and further insights into the industry to yield higher profits.
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ABOUT US:
MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.
Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market
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