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Global Market Ignition Interlock Devices North America to Rise due to Strict NHTSA Regulations on Drunk Driving

05-16-2017 02:06 PM CET | IT, New Media & Software

Press release from: MRRSE

MRRSE

MRRSE

Market Research Reports Search Engine (MRRSE) has announced that its repository now features a report titled “North America Market Study on Ignition Interlock Devices: Increasing Incidences of DUI to Catalyze IID Demand in North America.” The report, by Persistence Market Research (PMR), predicts that the North America ignition interlock devices market stood at US$35.1 mn by 2015 and is predicted to reach US$48.8 mn by 2021, by expanding at a 5.60% CAGR from 2015 to 2021.

Request For a Sample Report: http://www.mrrse.com/sample/1747

Ignition interlock devices are cutting-edge breath analyzers placed within vehicles for measuring the driver’s blood alcohol content (BAC). The driver is required to expel air from his mouth into the device for providing the breath sample. If the alcohol content is more than the already set limit of the device, then the vehicle doesn’t allow the engine to start. Thus, this device acts as a tool against drunk drivers.

The report starts by presenting the introduction section under which it covers the product introduction and market dynamics. Next in the report is a detailed explanation of the dynamics impacting the growth of the ignition interlock devices market in North America. As per the report, the strict NHTSA regulations on drunk driving and the state ignition interlock programs in North America will propel the growth of the market here. In addition, the increasing utilization of ignition interlock devices via commercial fleet owners as a preventive measure against drunk drivers in this region will also augment the growth of the market here. Furthermore, participation of social organizations such as Fathers Against Drunk Driving (FADD) and Mothers Against Drunk Driving (MADD) will also propel the growth of the North America ignition interlock devices market.

On the other hand, the introduction of default ignition interlock systems via OEMs including Volvo, etc. and the launch of newer technologies by a number of players in North America may pose a prime threat to the development of the market here.

On the basis of technology, the fuel cell technology is predicted to lead the market in North America on the basis of revenue. This segment held a share of 96.2% in the North America ignition interlock devices market in 2015. By end-use, the segment of compliance represented the largest share of 97.3% in 2015 and is predicted to rise at a 5.70% CAGR between 2015 and 2021, as per this study.

By country, the U.S ignition interlock devices market held the largest share in North America by the end of 2015 and is anticipated to rise at a 6.80% CAGR from 2015 to 2021 on the basis of volume. This is owing to the soaring count of ignition interlock programs within each state of the U.S.

Browse Full Report with TOC:http://www.mrrse.com/north-america-ignition-interlock-devices-market

Lifesafer Inc., Smartstart Inc., Intoxalock, and Alcohol Countermeasure Systems, among others, are the prominent players dominant in the ignition interlock devices market in North America.

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Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

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