North America's Ignition Interlock Devices Market Size to Surge at the CAGR of 5.6% by 2021

The U.S. has emerged as the leading regional segment of the North America ignition interlock devices market and the country is expected to exhibit a 6.8% CAGR from 2015 to 2021 by volume. Widespread support for mandatory installation of ignition interlock devices after DUI convictions in almost all U.S. states has helped the U.S. market for ignition interlock devices massively.

Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/north-america-ignition-interlock-devices-market.asp

Ignition interlock devices are an anti-drunk-driving tool becoming increasingly popular in North America. Ignition interlock devices are incorporated into the ignition circuitry of a car or other vehicle, and necessitate the driver to pass a blood alcohol content test before the vehicle can be turned on. This completely prevents drunk driving, since the vehicle won’t start if the driver’s blood alcohol content (BAC) is higher than the mandated maximum level. Since the maximum BAC can vary between different countries or even states, ignition interlock devices can be programmed to operate under the regulatory framework of the respective region.

The invaluable help provided by ignition interlock devices has resulted in a steady rise in their demand in North America in recent years. According to Persistence Market Research, the North America ignition interlock devices market was worth US$35.1 mn in 2015 and is expected to rise to US$48.8 mn by 2021, exhibiting a sturdy 5.6% CAGR therein. In the same timeframe, the volume of the North America ignition interlock devices market is expected to rise at a higher CAGR of 6.6%, thus eliminating the biggest restraint currently checking the market’s progress.

Despite the many proven benefits of ignition interlock devices, the high prices of the devices are preventing large-scale adoption in North America. Voluntary usage of ignition interlock devices is still quite low, with mandated usage of ignition interlock devices making up the majority of the demand from the market in North America.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/9170

However, the voluntary usage of ignition interlock devices is expected to rise in the coming years, due to the rising awareness among the masses about the dangers of driving under the influence of alcohol as well as the advantages provided by ignition interlock devices. This will give a boost to the production chain of the ignition interlock devices industry, bringing the costs down and aiding large-scale adoption across North America.

Currently, the major trend in the ignition interlock devices industry in North America is that of providing additional features in the devices, such as location trackers to enable law enforcement officials to arrive at the site early, and cameras for visual recognition.

Request to view table of content @ http://www.persistencemarketresearch.com/market-research/north-america-ignition-interlock-devices-market/toc

According to a report compiled by Mothers Against Drunk Driving (MADD), the usage of ignition interlock devices has prevented close to 1.8 million incidents of drunk driving in the U.S. so far, with the states of Washington, Colorado, Illinois, and New York among the chief beneficiaries. MADD, along with Fathers Against Drunk Driving (FADD), has been vocal in its support for ignition interlock devices, since no other available technology can physically prevent driving while inebriated.

As a result of widespread support from social and governmental organizations, refinement in ignition interlock devices to make them more reliable is a major R&D avenue for players in the North America ignition interlock devices market.

North America Market Study on Ignition Interlock Devices is available for US$3,900 http://www.persistencemarketresearch.com/checkout/9170

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.