Electronic Logging Device Market to Witness Astonishing Growth by 2025
The report “ Electronic Logging Device Market by Component (Display, Telematics unit), Form factor (Embedded, Integrated), New & Aftermarket Service (Entry Level, Intermediate, High-End), Vehicle Type (Truck, Bus, LCV), and Region – Global Forecast to 2025″ , The Electronic Logging Device Market is estimated to be USD 12.5 billion in 2018 and is projected to reach USD 16.6 billion by 2025, at a CAGR of 4.13%. A growing need for operational efficiency in fleet-owning organizations will play a crucial role in the electronic logging device market. In addition to that, upcoming as well as existing mandates related to electronic logging devices are projected to drive the electronic logging device market. The intermediate service type is expected to be the largest market for electronic logging device market, by service type ” Intermediate services are the service package that includes entry-level services along with some add-on services. The add-on services include ...