DUBLIN--(BUSINESS WIRE)--The "Electronic Logging Devices: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Electronic Logging Devices estimated at US$12.5 Billion in the year 2020, is projected to reach a revised size of US$18.7 Billion by 2027, growing at a CAGR of 5.9% over the analysis period 2020-2027.
Display, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$6.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Telematics Unit segment is readjusted to a revised 6.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.4 Billion, While China is Forecast to Grow at 8.8% CAGR
The Electronic Logging Devices market in the U.S. is estimated at US$3.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2027 trailing a CAGR of 8.8% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2027.
Other Components Segment to Record 5.4% CAGR
In the global Other Components segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.4 Billion in the year 2020 will reach a projected size of US$3.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 5.7% CAGR through the analysis period.
Select Competitors (Total 36 Featured) -
- AT&T
- Danlaw Technologies
- Donlen
- Garmin
- Geotab
- HEM Data Corporation
- Influx Technology
- Intrepid Control Systems
- Leaseplan USA
- Masternaut
- Merchants Fleet Management
- Omnitracs
- Racelogic
- Teletrac Navman
- Tomtom Telematics
- Trimble
- Vector Informatik
- Verizon
- Wheels
- WorkWave
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Electronic Logging Devices - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/k2odl
