Electronic Logging Device Market : Size, Share, Development Status, Top Manufacturers, And Forecasts 2027
Electronic Logging Device Market is electronic hardware, which is attached to a commercial motor vehicle engine to record driving hours. The driving hours of commercial drivers are regulated by a set of regulations. Electronic Logging Device Market Overview: To improve operational efficiency in fleet owning organizations will play a vital role in global electronic logging device market. Mandatory regulation concerning with the commercial vehicle is also expected to boost the growth in the global electronic logging device market. Furthermore, cost sensitivity of fleet owners regarding the deployment of advanced fleet management technologies and lack of consciousness among drivers and fleet owners in developing countries are limiting the growth in the global electronic logging device market. On the other hand, increasing potential for 5g technology is an opportunity in the global electronic logging device market. Market is a huge and rapidly growing market. In the recent two ...