Large paragraph: Breathalyzers are devices used to determine the amount of alcohol in breath. They have ability to check blood alcohol concentration and help authorities easily screen drivers for driving under influence. Growing number of road accidents caused due to drunken driving have increased the adoption of breathalyzers.
The global Breathalyzers Market is estimated to be valued at US$ 10.6 Bn in 2023 and is expected to exhibit a CAGR of 18. % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Increasing drunken driving accidents have led to strict laws requiring breathalyzers in vehicles. Many countries have made it compulsory to install breathalyzers in vehicles that can automatically prevent ignition if detected alcohol levels are above permissible limits. This is a major trend in the breathalyzers market as automobile manufacturers are focusing on building such features in advanced vehicles. Technologies enabling smartphones and smartwatches to function as breathalyzers are also being developed to make testing more convenient and curb drunken driving issues.
SWOT Analysis
Strength: Breathalyzers provide an easy, portable, and non-invasive method to detect alcohol levels quickly. This allows for immediate screening and detection of drunk driving.
Weakness: Some breathalyzers have limitations in accuracy and may provide incorrect readings in certain circumstances such as recent smoking or medical conditions affecting breath. Manual breathalyzers require cooperation from the individual being tested.
Opportunity: With growing campaign against drunk driving in many countries, the demand for breathalyzers is increasing. New product innovations with improved accuracy and automatic operation present business opportunities.
Threats: Alternative monitoring technologies such as touch-based alcohol sensors pose competition. Strict regulations regarding false positives can impact revenues if accuracy issues are encountered.
Key Takeaways
The global Breathalyzers market is expected to witness high growth over the forecast period of 2023 to 2030. Regional analysis comprises
Regional analysis comprises North America currently dominating the Breathalyzers market due to stringent laws against drunk driving and higher adoption of screening technologies. Asia Pacific is expected to be the fastest growing region owing to rising motor vehicle ownership and increasing enforcement of drunk driving laws.
Key players operating in the Breathalyzers market are Cannabix Technologies Inc., Alcohol Countermeasure Systems Corp., Dragerwerk AG & Co. KGa, Intoximeters Inc., Lifeloc Technologies Inc., MPD Inc., Quest Products Inc., Advanced Safety Devices LLC, Aerocrine AB, Akers Biosciences Inc., Alcolizer Pty Ltd., Alcopro Inc., Guth Laboratories Inc., Meretek Diagnostics Group of Otsuka America Pharmaceutical Inc., PAS Systems International Alcohol Sensor Systems, Toshiba Medical Systems Corp., TruTouch Technologies Inc., ENVITE- WISMER GmbH, AK GlobalTech Corporation, Intoximeter Inc., and BACtrack Inc. Focus on technological advancements for improved accuracy, portability, and automation is the key strategy adopted by these players.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
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