An electronic logging device is a device that enables truck drivers and commercial motor carriers to record driving hours. It synchronizes with a vehicle engine to automatically record driving time for more accurate hours of service recording. Apart from basic services electronic logging device incorporate additional services like ELD Compliance, GPS Tracking, Alerts, IFTA Fuel Tax Reporting, Vehicle Utilization, Vehicle Diagnostics, & Driver Scorecards. Electronic logging device known as ELD in North America and Digital tachograph in Europe. In Asia Pacific there is no dedicated term for electronic logging device. However there are many OEMs and Tier 1 Players are providing such devices. market definitions - Components and Form Factor

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.

Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.

Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.

Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.