Alcohol Sensor Market Share, Growth, Statistics, Competitor Landscape, Trends and Forecasts

Market Highlights

The global alcohol sensor services market is anticipated to surpass a valuation of USD 1985.3 million, attaining an impressive CAGR of 13.5% during the forecast period (2018-2027), Market Research Future (MRFR) reveals in a detailed report. Alcohol sensors are generally known as breathalyzers or breath analyzers and have witnessed substantial growth in alcohol consumption.

The global alcohol sensor services segment market has witnessed a tectonic surge over the past few years. Rapid urbanization and globalization and increasing disposable income have drastically changed lifestyles across the globe. Modern socialization activities also involve alcohol consumption. To prevent people from driving while intoxicated, alcohol sensors, and personal breathalyzers are experiencing soaring demand. Consumption of alcohol has increased dramatically in the past few years, which has resulted in an increase in recorded driving under the influence and accidents caused by the same.

Notably, the standardization of alcohol sensors is a critical aspect which is expected to hamper market growth. Alcohol sensors use various electrochemical sensors which are highly sensitive to external factors such as humidity, and temperature, among others. This makes accurate measurement challenging as external factors can impact the final result. The accuracy of blood alcohol concentration levels is vital when checking, thus suggesting unreliability of existing alcohol sensors. Technological advancements due to research and development activities are undertaken by market players operating in the global alcohol sensors market have led to the launch of smartphone integrated alcohol sensors which are applicable for iOS and Android operating systems. Additionally, other technological advancements are expected to yield market opportunities in the coming years.

Segmentation:

The global alcohol sensor market share is segmented on the basis of application, end user, and technology.

By application, the alcohol sensor services market is segmented into vehicle controlling and healthcare application. Of these, the healthcare application segment will dominate the market in terms of size, garnering a CAGR of 12.8%. On the other hand, the vehicle controlling segment will obtain the highest CAGR of 14.4%, owing to the soaring integration of alcohol detection systems in new vehicles.

The market by technology is segmented into fuel cell technology, semiconductor oxide sensor technology, and others. Of these, the fuel technology segment is likely to acquire the largest share in the global market and garner a CAGR of 14.5%.

By end users, the alcohol sensor services market is segmented into law enforcement agencies, commercial, and individuals. Of these, the law enforcement agencies segment is predicted to obtain the largest share in the market. The commercial segment will increase at a CAGR of 13.8%.

Regional Analysis:

MRFR's report on the global alcohol sensors market divides it by region into North America, Europe, Asia Pacific, and the Rest of the World. North America has been observed to have the most significant share of the alcohol sensor market at 36% which valued USD 215.1 Mn in 2017 and will grow to reach a market value of USD 668.6 Mn in 2027. Witnessing growth at a CAGR of 12.9%, the North American alcohol sensors market is expected to proliferate due to the extensive use of breathalyzers or alcohol sensors by law enforcement agencies. Ongoing campaigns and active participation of healthcare facilities and law enforcement in the curbing of driving while under the influence of alcohol is a key factor driving the growth of the regional market.

Meanwhile, the Asia Pacific is expected to grow at the fastest pace while displaying the highest CAGR of 15.9% during the forecast period. Changing lifestyles in the region due to urbanization has increased alcohol consumption and driven the need for alcohol measurement devices to protect other drivers and pedestrians. Moreover, alcohol sensors are semiconductor-based, and the APAC has the largest semiconductor market across the globe. APAC companies are extensively employed in the development of technology, and the region has gained significance as an industrial hub. China leads the market, while India is expected to grow rapidly. The APAC will appreciate reaching a value of USD 560.5 Mn by the end of 2027.

Competitive Dashboard:

The players operating in the global alcohol sensor services market include BACKtrack Inc., Drägerwerk AG & Co. KGaA, Abbot Laboratories, Lifeloc Technologies, AlcoPro Inc., Alcohol Countermeasure Systems (International) Inc., Honeywell International Inc., Giner Labs, Intoximeters Inc., and Asahi Kasei Corporation.

Industry Updates

June 2019: Australia is all set to introduce alcohol detection and passive drug detection devices into cars to minimize the road toll. It will gradually become a mandate in every new car sold. Drug detectors and passive alcohol devices are listed by the UN in its guidelines for mandatory safety devices integrated into new cars.

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