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.
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.
Get
Sample of Report @ https://www.marketresearchfuture.com/sample_request/6451
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.
Segmentation
The global alcohol sensor 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.
Get complete Report @ https://www.marketresearchfuture.com/reports/alcohol-sensor-market-6451
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.
At Market
Research Future (MRFR), we enable our customers to unravel the complexity of
various industries through our Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research
(CFR), and Market Research & Consulting Services.
MRFR team
have supreme objective to provide the optimum quality market research and
intelligence services to our clients. Our market research studies by products,
services, technologies, applications, end users, and market players for global,
regional, and country level market segments, enable our clients to see more,
know more, and do more, which help to answer all their most important questions.
Media Contact:
Market Research Future (Part of Wantstats Research and
Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
No comments:
Post a Comment