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2016-2020 Alcohol Testing Equipment Global Market Growth CAGR of 24% - Market Research Hub

03-03-2017 01:43 PM CET | IT, New Media & Software

Press release from: Market Research Provider - MRH

IT Industry

IT Industry

The global market for alcohol testing equipment is envisaged to witness promising growth and will post a CAGR of over 24% by the end of the forecast period. The growing use of personal breathalyzers is a critical factor that is responsible for the strong growth of this market during the estimated period. Alcohol enforcement is a priority for governments of all countries across the globe as they seek to prevent casualties caused by road accidents.

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The report, Global Alcohol Testing Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prurospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One of latest trends in the market is rising popularity of advanced breathalyzers. The governments of various countries are strictly enforcing road safety laws to prevent road accidents caused by drunk driving, which is fueling the development of new devices that can help to avoid road accidents caused by alcohol consumption. This has resulted in the rising popularity of devices with BAII technology, which are incorporated into vehicles to measure the BAC of the driver and only allow the vehicle to start if the content is below a certain set point. In the US, if an individual's breath sample registers alcohol content of 0.02% or more, they cannot start their vehicle. Several such products are currently offered by key vendors in the market.

According to the report, one of the primary drivers in the market is increasing drunk driving fatalities. The driver should be alert, attentive, and have the ability to make a quick decision while driving. This is majorly impaired if the driver is drunk. As alcohol does not require digestion and is quickly absorbed into the bloodstream, it immediately affects the drinker.

The judgment power of the person is impaired and thus they can be a threat to road safety. Under the influence of alcohol, the driver tends to take more risks, becomes a potential threat on the roads.

Key vendors:
• Alcohol Countermeasure Systems
• Drägerwerk
• Lifeloc Technologies

Other prominent vendors:

Akers Biosciences
Alere
AlcoPro
BACtrack
C4 Development
EnviteC
Guth Laboratories

Read Full Report with TOC@ http://www.marketresearchhub.com/report/global-alcohol-testing-equipment-market-2016-2020-report.html

Consequently, the demand for personal breathalyzers has increased as these allow individuals to check whether they are below the legal limit and can drive. Also, since these devices are portable, easy to use, and reliable for personal use, many parents are utilizing these devices to monitor their children's drinking behavior.

About Market Research Hub:

Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of Market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

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