Product Code: ETC4570528 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Singapore electronic logging device (ELD) market is experiencing growth due to regulations aimed at improving road safety and monitoring commercial vehicles. ELDs help track and record driving hours, ensuring that drivers comply with the established regulations. They are a crucial tool for fleet management, enhancing transparency, and reducing instances of driver fatigue and accidents. The Singaporean government`s commitment to road safety has driven the adoption of ELDs, and local and international companies offer a range of ELD solutions to meet the compliance needs of businesses.
The electronic logging device (ELD) market in Singapore is driven by the global trend toward digitizing and streamlining logistics and transportation operations. ELDs are crucial tools for monitoring and ensuring compliance with regulations related to driver hours, which enhances safety on the roads and prevents fatigue-related accidents. Singapore growing e-commerce sector, cross-border trade, and transportation industry are all key factors pushing the adoption of ELDs. Additionally, government mandates and regulations enforcing the use of ELDs are bolstering market growth.
The Singapore Electronic Logging Device (ELD) Market faces challenges related to regulatory compliance and resistance to adoption. ELDs are crucial for tracking and managing driver hours and ensuring safety and compliance with transport regulations. However, some stakeholders in the transportation industry may be resistant to the use of ELDs due to concerns about privacy and the cost of implementation. Overcoming these challenges requires effective education and enforcement of ELD regulations.
The COVID-19 pandemic had a significant impact on the Singapore electronic logging device (ELD) market. As supply chains and transportation faced disruptions, the need for efficient fleet management and compliance with regulations became crucial. ELDs played a pivotal role in monitoring and tracking commercial vehicle operations, ensuring compliance with driving and rest-time rules. The market saw increased investments in ELD solutions, aligning with the need for efficient and safe transportation during the pandemic.
Key players in the Singapore electronic logging device market include Omnitracs, Samsara, KeepTruckin, and Geotab. These companies offer electronic logging solutions for fleet management and compliance with transportation regulations.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Electronic Logging Device Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Electronic Logging Device Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Electronic Logging Device Market - Industry Life Cycle |
3.4 Singapore Electronic Logging Device Market - Porter's Five Forces |
3.5 Singapore Electronic Logging Device Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Singapore Electronic Logging Device Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Singapore Electronic Logging Device Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.8 Singapore Electronic Logging Device Market Revenues & Volume Share, By Form Factor, 2021 & 2031F |
4 Singapore Electronic Logging Device Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government regulations mandating the use of electronic logging devices for commercial vehicles |
4.2.2 Focus on improving road safety and reducing accidents through better monitoring and tracking of vehicles |
4.2.3 Increasing demand for fleet management solutions and real-time tracking of shipments |
4.3 Market Restraints |
4.3.1 Initial high implementation costs for electronic logging devices |
4.3.2 Resistance to change from traditional paper-based logging systems |
4.3.3 Concerns regarding data privacy and security issues with electronic logging devices |
5 Singapore Electronic Logging Device Market Trends |
6 Singapore Electronic Logging Device Market, By Types |
6.1 Singapore Electronic Logging Device Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Electronic Logging Device Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 Singapore Electronic Logging Device Market Revenues & Volume, By LCV, 2021-2031F |
6.1.4 Singapore Electronic Logging Device Market Revenues & Volume, By Truck, 2021-2031F |
6.1.5 Singapore Electronic Logging Device Market Revenues & Volume, By Bus, 2021-2031F |
6.2 Singapore Electronic Logging Device Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Singapore Electronic Logging Device Market Revenues & Volume, By Display, 2021-2031F |
6.2.3 Singapore Electronic Logging Device Market Revenues & Volume, By Telematics Unit, 2021-2031F |
6.2.4 Singapore Electronic Logging Device Market Revenues & Volume, By Other, 2021-2031F |
6.3 Singapore Electronic Logging Device Market, By Service Type |
6.3.1 Overview and Analysis |
6.3.2 Singapore Electronic Logging Device Market Revenues & Volume, By Entry Level, 2021-2031F |
6.3.3 Singapore Electronic Logging Device Market Revenues & Volume, By Intermediate, 2021-2031F |
6.3.4 Singapore Electronic Logging Device Market Revenues & Volume, By High-End, 2021-2031F |
6.4 Singapore Electronic Logging Device Market, By Form Factor |
6.4.1 Overview and Analysis |
6.4.2 Singapore Electronic Logging Device Market Revenues & Volume, By Embedded, 2021-2031F |
6.4.3 Singapore Electronic Logging Device Market Revenues & Volume, By Integrated, 2021-2031F |
7 Singapore Electronic Logging Device Market Import-Export Trade Statistics |
7.1 Singapore Electronic Logging Device Market Export to Major Countries |
7.2 Singapore Electronic Logging Device Market Imports from Major Countries |
8 Singapore Electronic Logging Device Market Key Performance Indicators |
8.1 Average daily usage of electronic logging devices |
8.2 Rate of adoption of electronic logging devices among commercial vehicle operators |
8.3 Number of reported accidents involving vehicles equipped with electronic logging devices |
9 Singapore Electronic Logging Device Market - Opportunity Assessment |
9.1 Singapore Electronic Logging Device Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Singapore Electronic Logging Device Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Singapore Electronic Logging Device Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.4 Singapore Electronic Logging Device Market Opportunity Assessment, By Form Factor, 2021 & 2031F |
10 Singapore Electronic Logging Device Market - Competitive Landscape |
10.1 Singapore Electronic Logging Device Market Revenue Share, By Companies, 2024 |
10.2 Singapore Electronic Logging Device Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |