29-Aug-2020 | Facts and Factors
Findings from Facts and Factors report “Breathalyzer Market by Technology (Fuel Cell Testers, Semiconductor Oxide-Based Testers, and Spectrophotometer Testers), By Application (Alcohol Detection, Drug abuse Detection, Medical Applications), By Distribution Channel (Online Store, Offline Store), By End User (Hospitals, Security Agencies, Private sector, Rehabilitation Centers, and Others) and Regions: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global breathalyzer market in 2019 was approximately USD 645.1 Million. The market is expected to grow at a CAGR of 7.5% and is anticipated to reach around USD 1070.01 Million by 2026.
Breathalyzer is a tool to measure the blood alcohol concentration of the breath sample. This system is commonly used by different industries for the monitoring of alcohol and substance addiction. Breathalyzer gives fast and accurate blood alcohol content. These devices are portable and easy to use. Ongoing COVID-19 pandemic has severely affected to the demand patterns in the global Breathalyzer industry. The lockdown situation in many leading countries also affected the supply of raw materials. Key manufacturers are also facing issues to run their facilities and operate at full capacity.
Browse the full “Breathalyzer Market by Technology (Fuel Cell Testers, Semiconductor Oxide-Based Testers, and Spectrophotometer Testers), By Application (Alcohol Detection, Drug abuse Detection, Medical Applications), By Distribution Channel (Online Store, Offline Store), By End User (Hospitals, Security Agencies, Private sector, Rehabilitation Centers, and Others) and Regions: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/breathalyzer-market-by-technology-fuel-cell-testers-semiconductor-1266
Increasing technological advancements, government regulations stringent associated with the alcohol testing during driving or in workplaces are key factors driving growth of the global market. Government initiations related to alcohol testing and increasing alcohol abuse are anticipated to boost growth of the target market during the forecast period. However, issues related to the accuracy during alcohol testing may hinder growth of the global market over the forecast period. Nevertheless, emerging economies worldwide is expected to create lucrative growth opportunities for the kay operating players in the global breathalyzer market.
The global breathalyzer market is segmented on the basis of technology, application, distribution channel, and end user. On the basis of technology, the global market is categorized as Fuel cell testers, semiconductor oxide-based testers, and spectrophotometer testers. Based on application segment the global market is divided into alcohol detection, drug abuse detection, and medical applications. By Distribution Channel the global market is segregated as online store and offline store. The global market can be divided into hospitals, security agencies, private sector, rehabilitation centers, and others based on end user segment.
Based upon the region the global market has been categorized as North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. North America is expected to dominate in the global market in terms of revenue as compared to that of markets in other regions during the forecast period 2020-2026. This is attributed to the stringent government regulations, and presence of leading players in the countries of this region Europe is expected to hold the second-largest share and Asia Pacific is anticipated to grow at significant CAGR in the near future. The growth in the Asia Pacific countries is presence of a favorable business environment in the countries of the Asia Pacific.
Key players operating in the breathalyzer market not restricted to include Breathalyzer.net, Alcolizer, Intoximeters, Alcolock, DriveSafe, Lifeloc Technologies, AlcoHawk, Quest Products, and BACtrack. Key operating players in the global breathalyzer market are aiming towards the mergers and acquisitions in order to get competitive edge in the market.
This report segments the breathalyzer market as follows:
Global Breathalyzer Market: By Technology
Global Breathalyzer Market: By Application
Global Breathalyzer Market: By Distribution Channel
Global Breathalyzer Market: By End User
Global Breathalyzer Market: Regional Segmentation Analysis
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