Market Scope
The global Alcohol Sensor Market is expected to showcase a
CAGR of 13.5% over the forecast period to touch a value of USD 1,980 million by
2027. It was valued at USD 605 million in 2017. The surge in drink-and-drive
cases is the primary driver of the market. This is supported by governments in
various countries enacting laws to prohibit excessive drinking and drinking in
public places or restricted areas.
Demand for breathalyzers have increased in emerging markets
owing to rising alcohol consumption rates has induced the need for stringent
measures for curbing such cases. Initiatives such as the Driver Alcohol
Detection System for Safety (DADSS) for preventing inebriated cases and integration
of detection of staggering alcohol levels in consumers in latest cars can drive
market growth. Rise in disposable income levels of customers and awareness of
risks of driving under the influence can spur the market growth.
Alcohol sensors are used in sensing the alcohol concentration
in the human body and used in breathalyzers or breath analyzers. The sensor is
also known as MQ3 sensor. The dipping prices of semiconductor sensors and the
rise of alcohol-induced accidents and collisions can create a huge demand for
these devices. Applications of sensors comprise gas alarms and portable alcohol
detectors. The global Alcohol Sensor Market report compiled by Market Research
Future (MRFR) contains estimations for revenue and growth for the period of 2018
to 2027 (forecast period). The COVID-19 impact on the industry is explored at
depth with suggestive measures to negate its effects.
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Competitive Outlook
Abbot Laboratories, Asahi Kasei Corporation, BACKtrack Inc.,
Intoximeters Inc., Honeywell International Inc., AlcoPro Inc., Giner Labs,
Alcohol Countermeasure Systems (International) Inc., Drägerwerk AG & Co.
KGaA, and Lifeloc Technologies are key players of the global alcohol sensor
market. Mergers, acquisitions, and launch of new products are strategies of
players to sustain their hold in the market. Recently, Lifeloc launched the
Phoenix 6.0 Evidential Breath Testers for workplace, law enforcement agencies,
and correction facilities.
Segmentation
The global Alcohol
Sensing Market is
segmented by application, end users, and technology.
By application, it is segmented into healthcare application
and vehicle controlling. The healthcare application accounted for 61% market
share owing to the large number of cases in the sector. On the other hand, the
vehicle controlling segment is touted to display the fastest growth over the
forecast period owing to advances in technology. The vehicle can shut its
ignition on detection of large levels of alcohol.
By end users, it caters to individuals, commercial, and law
enforcement agencies. Law enforcement agencies are commanding the large share
of the market. This can be attributed to its use by agencies worldwide for
curbing drunk-and-drive cases.
By technology, it is segmented into semiconductor oxide sensor
technology, fuel cell technology, and others. The fuel cell technology segment
is expected to dominate over the forecast period owing to reliability and
accuracy of devices.
Regional Analysis
The regional analysis of alcohol sensors market is being
studied for regions of Asia Pacific (APAC), North America, Europe, and
Rest-of-the-World (RoW).
North America accounted for the large share in 2017 with a
value of USD 215.1 million. The large bustling economy, large volume of DnD
cases, and high adoption of breathalyzers are major drivers of the market.
APAC is poised to display the strongest growth rate over the
forecast period due to its demand in India, China, and Japan. Growing cases of
alcoholism and regulations for curtailing accidents caused by drunk driving can
spur the regional alcohol sensor market demand till 2027.
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complete Report @ https://www.marketresearchfuture.com/reports/alcohol-sensor-market-6451
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