The global automotive logging device market size was US$ 13.9 billion in 2021. The global automotive logging device market size is forecast to reach US$ 18.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.4% during the forecast period from 2022 to 2030. 

Automotive logging devices, often known as ELDs, are electronic devices installed in vehicles to register or monitor the working hours of professional drivers. They are connected to and synchronized with the engines of automobiles to collect vital data. These are the main applications for acquiring information on a vehicle's movement, miles traveled, and engine status. Vehicle logging device systems are important for checking the health of vehicle components on a regular basis. They're also useful for tracking and monitoring driver behaviors and vehicle conditions. An automobile logging device, for example, keeps track of location, engine performance, working hours, time, date, and performance.

Factors Influencing Market Growth

• Factors driving the global market include rising government declaration toward safety and security of the vehicle and growing trends toward vehicle requirement monitoring. 
• The increased cost associated with automotive logging devices and sluggish adoption of ELDs in emerging economies may slow down the overall market growth.
• Transport firms' growing service offerings and rising demand for commercial vehicles and trucks are forecast to offer lucrative growth opportunities for the global automotive logging device market.

Impact Analysis of COVID-19

The COVID-19 pandemic had a negative impact on the global automotive logging device market. Imposed partial or complete lockdown across various countries was the prime reason for this decline in the growth rate. The delay in production facilities has negatively affected the manufacturing and industrial sectors, resulting in a decline in demand. In addition, industries had to shut down, which decreased the need for maintenance from various industries.

Regional Insights

The Asia Pacific region is forecast to have lucrative growth in the automotive logging device market during the forecast period. As a result of the rising technological advances and growing automotive standards in developing countries such as India, China, and Indonesia. The region is the most lucrative market for automotive logging devices due to the existence of high-end enhanced technologies, an increase in demand for smart electronics, and growing manufacturing industries.

Leading Competitors

The leading prominent companies profiled in the global automotive logging device market are:

• AT&T Business 
• Blue Tree System 
• Coretex 
• DriverTech 
• ELD Solutions 
• Garmin International 
• Geotab Inc.
• Omnitracs LLC 
• Teletrac Navman 
• Zonar Systems
• Other Prominent Players

Scope of the Report

The global automotive logging device market segmentation focuses on Service Type, Vehicle Type, Component, Form Factor, and Region.

Segmentation based on Service Type

• Entry Level
• Intermediate
• High Level

Segmentation based on Vehicle Type

• Light Commercial Vehicles
• Trucks
• Bus
• Cars

Segmentation based on Component

• Display
• Telematics Unit
• Cables
• Connectors
• Mounting
• Others

Segmentation based on Form Factor

• Integrated
• Embedded

Segmentation based on Region

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe
• Asia Pacific
• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific
• Middle East & Africa (MEA)
• UAE
• Saudi Arabia
• South Africa
• Rest of MEA
• South America
• Brazil
• Argentina
• Rest of South America