Global Breath Analyzer Market to Witness High Growth Rate Due to High Intake Of Alcohol & Strict Laws Enforced By Government To Stop Drink & Drive.

Global Breath Analyzer Market Projected to Grow at a Robust CAGR of 25.01% over the Forecast Period 2016-2024

With high incidences of road accidents due to high intake of alcohol and strict laws enforced by government to prevent such incidents is majorly driving the growth of global breath analyzer market. Moreover, the technology used in the breath analyzer marks the growth of the market such that it has grown from using a liquid dye for exposure of ethane to now using ethanol in the breath. According to Goldstein Research, global breath analyzer market size is expected to reach USD 6.2 billion by 2024 from an estimated market size of USD 0.80 billion in 2016, growing at a compounded annual growth rate of 25.01% during the forecast period 2016-2024. Moreover, the advancement in medical devices market has great influence on the growth of the breath analyzer market, in terms of investments and new entrants in the medical devices market.

Global breath analyzer market segmentation has been carried out on the basis of technology, application, end user and geography. Based on technology, fuel cell technology segment accounted for the highest market share of 43.0% in 2016 and by 2024 it is expected to reach a market size of USD 2.02 billion. Further, Global breath analyzer industry is estimated to be dominated by North America with a market share of 45.0% worth USD 0.53 billion in 2016. North America is closely followed by Europe breath analyzer market share of 30.0% in 2016. Furthermore, Asia Pacific region is witnessing the increase in alcohol-influenced driving & road accidents. The large population in the region has opened new opportunities for breath analyzer market, which is estimated to grow at a CAGR of 30.0% over the forecast period.

Market Segmentation

On the basis of our in-depth analysis, Global Breath Analyzer Market can be segmented as follows:

  • By Technology
    • Fuel Cell
    • Semi-Conductors
    • Infrared
  • By Application
    • Alcohol Detection
    • Drug Abuse Detection
    • Medical Applications
  • By End- User
    • Law Enforcement
    • Enterprises
    • Others (Individuals)
  • By Region
    • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
    • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
    • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

 

 

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 “Global Breath Analyzer Market Outlook 2024” contains detailed overview of the global breath analyzer market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology, application and end user.

Further, for the in-depth analysis, Breath Analyzer Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as Drägerwerk AG & Co, KGaA, EnviteC-Wismar GmbH, Lifeloc Technologies, BACtrack, Inc., Quest Products, Inc., Akers Biosciences, Inc., Intoximeter, Inc., AK GlobalTech Corporation, Alcohol Countermeasure Systems Corporation, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global breath analyzer market trends along with market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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