Rising Demand for Automotive Logging Devices Drives Market Growth
The automotive logging device market is a niche market that is growing in popularity as car manufactures and consumers alike look for ways to better understand and improve the performance of their vehicles.
Logging devices are used to track and record data about a vehicle’s engine performance, fuel economy, and other factors that can help to improve its overall efficiency.
This market is expected to grow in the coming years as more carmakers begin to offer these devices as standard equipment on new vehicles, and as more consumers become aware of the benefits they can offer.
Here are some things to consider when choosing an automotive logging device:
-What type of information do you want to track?
-How often do you need to track it?
-How easy is the device to use?
-How much does the device cost?
-Is the device compatible with your vehicle?
Automotive Logging Technology Market Segmental Analysis:
The global automotive logging device market has been segmented based on service type, vehicle type, component, form factor, and region.
By service type, the global automotive logging device industry has been segmented into entry level, intermediate, and high levels. The intermediate segment holds the largest market share in the global automotive logging device market for the year 2022.
Based on vehicle type, the global automotive logging device industry has been segmented into lcvs, trucks, buses, and cars. The truck segment holds the largest market share in the global automotive logging device market for the year 2022. However the LCVs segment is expected to witness the highest growth as under the ELD mandate, many different types of businesses that operate commercial motor vehicles are required to have ELDs—including construction companies, passenger transit businesses, and more.
By component, the global automotive logging device industry has been segmented into display, telematics units, and others. The telematic unit segment holds the largest market share in the global automotive logging device market for the year 2022. The Telematics unit is the standard fitment in automotive logging devices and is the only core component for any automotive logging device.
By form factor, the global automotive logging device industry has been segmented as integrated and embedded. Embedded holds the largest market share in the global automotive logging device market for the year 2022 as they offer more features and are secure and reliable. However, the integrated segment is expected to experience the highest growth in the forecast period because these systems are cheaper and do not require a high installation cost.
Key Players:
- AT&T Business
- Blue Tree System
- Coretex
- DriverTech
- ELD Solutions
- Garmin International
- Geotab Inc
- Omnitracs LLC
- Teletrac Navman
- Zonar Systems
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