Roadside Drug Testing Devices Market Expected to Raise at CAGR of 25.7% by 2020-2027 | Top Companies - GlobalTech Corporation, Envitec Wismar GmbH, Lifeloc Technologies, etc.

The global research report titled ‘Global Roadside Drug Testing Devices Market’ recently published by Reports and Data is formulated with an aim to provide valuable insights and guidance to the businesses and new entrants. The report focuses on the major leaders of the global Roadside Drug Testing Devices market along with company profiles, product portfolios, manufacturing and production capacity, financial standings, and global position in the market. The crucial factor driving the growth of this industry is the rising investment in the market and its key segments.

Market Size – USD 1.08 Billion in 2018, Market Growth - CAGR of 25.7%, Market Trends – Increase in demand for handheld drug testing devices in the law enforcement departments globally.

The report on the Global Roadside Drug Testing Devices Market analyzes the impact of the COIVD-19 pandemic on the Roadside Drug Testing Devices industry. Since its outbreak, the virus-induced illness has spread across the world, compelling the WHO to declare it as a public health emergency. Moreover, COVID-19 has impacted the market by disrupting the supply chains, production, and demand, and brought about a financial slowdown and uncertainty on the markets. The pandemic is anticipated to affect the Roadside Drug Testing Devices industry, and the report gives a rundown of the present and future impact analysis of the pandemic on the market.

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The report on the Global Roadside Drug Testing Devices Market is an investigative study that focuses on the important business aspects such as recent developments, technology advancements, and various products and processes developments. The report is formulated via a thorough primary and secondary research with data insights from industry experts and professionals.

The report further studies the major competitors of the Roadside Drug Testing Devices market in the industry to provide a comprehensive overview of the competitive landscape. Key factors such as productivity, manufacturing and production capacity, demand and supply ratio, among others, are also discussed in the report.

The key companies profiled in the report are Alcohol Countermeasure Systems, BACtrack, Inc., MangalIndia.com, Inc., Intoximeters, Inc., Drägerwerk AG, AK GlobalTech Corporation, Envitec Wismar GmbH, Lifeloc Technologies, Alcovisor, and Akers Biosciences, Inc., among others.

Moreover, the report also analyses the key business initiatives undertaken by companies such as mergers and acquisitions, joint ventures, collaborations, and partnerships, among others.

To gain a better understanding of the competitive landscape, the report further analyses the companies operating in the key regions. The regional analysis includes examinations of the major geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report covers import/export ratio, supply and demand trends and patterns, production and consumption ratio, revenue generation, gross profit and margin, and other vital factors.

Device Type Outlook (Revenue, USD Billion; 2016-2027)

Breathalyzer
Intoxilyzer
Alcosensor III or IV

Sales Channel Outlook (Revenue, USD Billion; 2016-2027)

Online Retailing
Medical Stores & Brand Outlet

Application Outlook (Revenue, USD Billion; 2016-2027)

Fuel Cell
Semiconductor Oxide Sensor
Infrared (IR) spectroscopy
Others

End-Users Outlook (Revenue, USD Billion; 2016-2027)

Highway Police
Drug Enforcement Agency
Bars or Restaurants & Personal Use
Others

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Objectives of the Report:

Study of the global Roadside Drug Testing Devices market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Roadside Drug Testing Devices market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive analysis
Analysis of Roadside Drug Testing Devices market based on growth trends, outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Roadside Drug Testing Devices market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

In addition to the key segments, the report also offers information about different aspects that can assist in the progress of the industry. The report covers applicable sales strategies, research and development advancements, online and offline trends, latest product launches and brand promotions, and strategic business expansions. Statistical information about the market is categorized and organized into tables, charts, figures, diagrams, and other graphical presentations.

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