Overview
The alcohol sensor market will witness a healthy growth from 2018 to 2027, a research report suggests. Growing at a CAGR of 13.8%, the market is projected to reach US$1,985.3 million by 2027. Installation of alcohol detection systems in automobiles is expected to support the market growth along with Smartphone based breathalyzers. As predicted by analysts, concerns regarding reliability will negatively affect the market’s performance from 2018 to 2027. During the forecast period, the market will be supported by integration of sensors and the rising use of smart phones. Problems related to consistency on the other hand will challenge breathalyzer based organizations functioning in the global alcohol sensor services market. Analysts have split the market into application, technology, and end-users segments based on products and services. Breathalyzer based companies have been profiled. Concerns regarding counterfeit products are set to affect the global alcohol sensor market during the forecast period 2018 to 2027. The report also provides the market’s performance forecasts till 2027. Analysts have studied the strategy of breathalyzer based organizations to help new entrants and established businesses. The breathalyzer sector itself is supported by the changing social behavior as well as the population growth. During the forecast period 2018 to 2027, the alcohol sensor market is set to witness a health growth across application, technology, and end-users segments as well as regional markets.
Market Segmentation
The breathalyzer sector has seen growth across application, technology, and end-users segments owing to automation in industries and consumers aiming for more convenience. To study the alcohol sensor market, analysts have further segmented application, technology, and end-users into application on the basis of vehicle controlling, healthcare application. The alcohol sensor market is further segmented into technology which is split into law enforcement agencies, commercial, individuals. Additionally, the alcohol sensor market on the basis of end-users is segmented into semiconductor oxide sensor technology, fuel cell technology, and others.
The segmental analysis presented in the alcohol sensor market report provides breathalyzer based organizations insights into key growth factors such as technological advances as well as challenges such as quality related concerns the market will face from 2018 to 2027. The growing application areas and the growth of communication channels are some of the key factors having an influence on breathalyzer based companies, suggest analysts as per the alcohol sensor services market report. But the report also identifies deployment issues and cost related concerns as major threats companies in breathalyzer will face till 2027.
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Regional Overview
breathalyzer based companies in the alcohol sensor market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The growing demand for innovative products will be a key growth driver for regional markets. However, lack of data authentication systems will turn out to be a threat. For the forecast period 2018 to 2027 each of these regional markets are studied in the report. Starting from North America, the regional market and breathalyzer based companies are spread across the United States, Canada, and Mexico. Unreliable results will turn out to be a major challenge from 2018 to 2027. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by rapid urbanization as well as the increasing disposable income, suggests the report. Similarly, the breathalyzer sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the alcohol sensor market covers the Middle East and Africa. Forecast based on the report’s findings are presented for the forecast period till 2027.
Competitive Landscape
The global alcohol sensor market research report brings a comprehensive study of application, technology, and end-users market segments, regional analysis, and breathalyzer based company details of key players. As the forecast period 2018 to 2027 will bring new opportunities for the market owing to shifting trends in the consumer market and the rise in distribution channels, the market is set to grow at a compound annual growth rate of 13.8% and is predicted to reach a value of US$1,985.3 million by 2027. With SWOT analysis of breathalyzer based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as the lack of developed infrastructure and evolving consumer needs, companies in the breathalyzer sector can change the way business is done.
The report extensively covers the leading players in the alcohol sensor market, such as AlcoPro Inc. BACKtrack Inc., Lifeloc Technologies, Giner Labs, Asahi Kasei Corporation, Intoximeters Inc., Abbot Laboratories, Alcohol Countermeasure Systems (International) Inc., Honeywell International Inc., Drägerwerk AG & Co. KGaA, to list a few.
Industry News
To expand its expanded Detection and Response (XDR) capability, CrowdStrike Holdings, Inc. is expected to purchase cloud log processing and observability platform provider Humio for $400 million. According to Humio CEO Geeta Schmidt, "CrowdStrike's Security Cloud is the perfect forum to expand Humio's technologies and scope while continuing our goal to enable customers to make data-rich decisions. Last month, CrowdStrike raised $740.6 million in a senior note offering for general corporate purposes.
Table of Content:
3 Market Insights
4 Research Methodology
4.1 Research Process 20
4.2 Primary Research 21
4.3 Secondary Research 22
4.4 Market Size Estimation 22
4.5 Forecast Model 23
5 Market Dynamics
5.1 Introduction 25
5.2 Drivers 26
5.2.1 Increasing Installation Of Alcohol Detection Systems In Automobiles 26
5.2.2 Increasing Demand For Personal Breath Analyzers 27
5.2.3 Drivers Impact Analysis 27
5.3 Restraints 27
5.3.1 Lack Of Reliability And Accuracy 27
5.3.2 Restraints Impact Analysis 28
5.4 Opportunities 28
5.4.1 Smartphone-Based Breath Analyzer 28
6 Market Factor Analysis
6.1 Value Chain Analysis 30
6.2 Porter’s Five Forces Model 30
6.2.1 Threat Of New Entrants 32
6.2.2 Bargaining Power Of Suppliers 32
6.2.3 Bargaining Power Of Buyers 32
6.2.4 Threat Of Substitutes 32
6.2.5 Intensity Of Rivalry 32
7 Global Alcohol Sensor Market, By Technology
7.1 Overview 34
7.1.1 Fuel Cell Technology 34
7.1.2 Semiconductor Oxide Sensor Technology 34
7.1.3 Others 34
8 Global Alcohol Sensor Market, By Application
8.1 Overview 37
8.1.1 Vehicle Controlling 37
8.1.2 Healthcare Application 37
9 Global Alcohol Sensor Market, By End-Users
9.1 Overview 40
9.1.1 Law Enforcement Agencies 40
9.1.2 Commercial 40
9.1.3 Individuals 40
10 Alcohol Sensor Market, By Region
10.1 Introduction 43
10.2 North America 44
10.2.1 US 48
10.2.2 Canada 50
10.2.3 Mexico 51
10.3 Europe 53
10.3.1 Germany 58
10.3.2 UK 59
10.3.3 France 61
10.3.4 . Rest Of Europe 62
10.4 Asia Pacific 64
10.4.1 China 69
10.4.2 Japan 70
10.4.3 India 72
10.4.4 Rest Of Asia Pacific 73
10.5 Rest Of The World 75
10.5.1 Latin America 79
10.5.2 The Middle East & Africa 80
11 Competitive Landscape
11.1 Competitive Landscape 83
12 Company Profile
12.1 Lifeloc Technologies 86
12.1.1 Company Overview 86
12.1.2 Financial Performance 86
12.1.3 Products/Services/Solutions Offerings 87
12.1.4 Key Developments 87
12.1.5 SWOT Analysis 88
12.1.6 Key Strategy 88
12.2 Drägerwerk AG & Co. KGaA 89
12.2.1 Company Overview 89
12.2.2 Financial Performance 89
12.2.3 Products/Services/Solutions Offerings 90
12.2.4 Key Developments 90
12.2.5 SWOT Analysis 91
12.2.6 Key Strategy 91
12.3 Abbott Laboratories (Alere Inc.) 92
12.3.1 Company Overview 92
12.3.2 Financial Performance 92
12.3.3 Products/Services/Solutions Offerings 93
12.3.4 Key Developments 93
12.3.5 SWOT Analysis 93
12.3.6 Key Strategy 93
12.4 Honeywell International Inc. (EnviteC-Wismar GmbH) 94
12.4.1 Company Overview 94
12.4.2 Financial Performance 94
12.4.3 Products/Services/Solutions Offerings 95
12.4.4 Key Developments 95
12.4.5 SWOT Analysis 95
12.4.6 Key Strategy 95
12.5 Asahi Kasei Corporation (Asahi Kasei Microdevices Corporation) 96
12.5.1 Company Overview 96
12.5.2 Financial Performance 96
12.5.3 Key Developments 97
12.5.4 SWOT Analysis 97
12.5.5 Key Strategy 97
12.6 Alcohol Countermeasure Systems (International) Inc 98
12.6.1 Company Overview 98
12.6.2 Products/Services/Solutions Offerings 98
12.6.3 Key Developments 98
12.6.4 Key Strategy 99
12.7 AlcoPro Inc. 100
12.7.1 Company Overview 100
12.7.2 Products/Services/Solutions Offerings 100
12.7.3 Key Developments 100
12.8 Giner Inc. 101
12.8.1 Company Overview 101
12.8.2 Products/Services/Solutions Offerings 101
12.9 BACKtrack Inc. 102
12.9.1 Company Overview 102
12.9.2 Products/Services/Solutions Offerings 102
12.9.3 Key Developments 102
12.10 Intoximeters, Inc. 103
12.10.1 Company Overview 103
12.10.2 Products/Services/Solutions Offerings 103
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