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Automotive electronic logging device (ELD/E-Log) is an electronic device that is used in a commercial vehicle to monitor or track working hours of the professional truck/ bus drivers and commercial motor carriers on the basis of hours of service compliance (HOS). The ELD helps the driver and manager to track the motion time of the truck, as the ELD is linked with the engine of the truck. It records the duration of the movement of the truck, the time the driver was on-duty, duration the driver was off-duty, and the time period the driver was on-duty but not driving. These activities can be tracked through the electronic logging device. ELD is the latest version of the record of duty (ROD) device. Earlier, Automatic On-Board Recording Device (AOBRD) and Electronic On-Board Recorder (EORBD) devices were employed to record the duration the driver was working or driving.

The E-log can also maintain records of the time, date, location, vehicle miles driven, engine hours, and identity of the driver. This data can be recorded automatically after every 60 minutes at all driving times. Stringent government rules mandating the incorporation of the ROD device in commercial vehicles in order to record and fulfill the hours of service compliance (HOS) is a major factor boosting the automotive electronic logging device (ELD/E-Log) market. These devices are more effective than paper records, as the current location and all other vehicle information can be directly uploaded on the system and server. ELD is also replacing the earlier systems, processes, and devices that were used record and document information about the fleet. Moreover, policies enacted by the government that mandate the use of ELDs, multitasking, and data records that simplify and organize the documents are major factors that are expected to boost the automotive electronic logging device (ELD/E-Log) market during the forecast period. Use of EORBD and AORBD devices, which are less efficient as compared to ELD, is a key factor that is projected to hamper the global ELD market during the forecast period.

The global automotive electronic logging device (ELD/E-Log) market can be segmented based on type, application, and region. Based on type, the automotive E-log market can be divided into dedicated unit and bring your own device (BYOD). Based on application, the automotive electronic logging device (ELD/E-Log) market can be bifurcated into trucks and buses. The trucks segment is expected to hold a major share of the automotive electronic logging device (ELD/E-Log) market, as a higher number of trucks are equipped with these devices. In terms of region, the automotive electronic logging device (ELD/E-Log) market can be segregated into Asia Pacific, Middle East & Africa, Europe, Latin America, and North America. North America is expected to account for a major share of the global automotive electronic logging device (ELD/E-Log) market, as the region holds a major share of the global trucks, trailer, semi-trailer, and tankers market. The Federal Motor Carrier Safety Administration (FMCSA) has stated to certify the ELD and to utilize them in trucks and buses for RODs.

Key players operating in the automotive electronic logging device (ELD/E-Log) market include HOS247 LLC, Assure Tracking, AT&T Fleet Complete, ATS Fleet Management Solutions, BigRoad, Blue Ink Technology, Blue Tree Systems,    CarrierWeb, Continental Automotive Systems Inc., Coretex, Dispatching Solutions, Drive Inc., DRIVERTECH, Eclipse Software Systems, E-Log Plus, ELD Solutions, EROAD, Fleetmatics FleetUp, Forward Thinking Systems, Garmin International, GeoSpace Labs, Geotab.

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Automotive Electronic Logging Device Market