Breath Analyzers Market worth $1,539.1 Million by 2019 – New Report by MarketsandMarkets
(PRWEB) January 02, 2015 -- The report “Breath Analyzers Market by Technology (Fuel Cell, Semiconductor, Infrared, Crystal), by Application (Alcohol, Drug Abuse, Tuberculosis, Asthma, Cancer), by End User (Law Enforcement, Enterprises, Individuals) - Analysis; Global Forecast to 2019”, analyses and studies the major market drivers, threats, opportunities, and challenges in North America, Europe, Asia-Pacific, and Rest of the World (RoW).
Browse 67 market data tables and 38 figures spread through 170 pages and in-depth TOC on “Breath Analyzers Market” http://www.marketsandmarkets.com/Market-Reports/breath-analyzers-market-57484012.html
Early buyers will receive 10% customization on this report.
This report studies the global breath analyzers market over the forecast period of 2014 to 2019. This market is expected to reach $1,539.1 million by 2019 from $479.3 million in 2014, at a CAGR of 26.3%.
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The breath analyzers market is segmented into four broad segments technology, applications, end users, and regions. The market by technology is categorized into fuel cell technology, semiconductor oxide sensor technology, and others. Based on applications, the market is categorized into alcohol detection, drug abuse detection, and medical applications. The market by end users is segmented into law enforcement agencies, enterprises, and individuals. Based on region, the market is divided into North America, Europe, Asia-pacific, and the Rest of the World (Latin America, Middle East, and Africa).
The global breath analyzers market is driven by several factors such as increased consumption of alcohol worldwide, coupled with stringent law enforcement to curb drunken driving. Governments in specific countries have reduced the legal limit of blood alcohol concentration (BAC) and increased breath-testing to curtail the occurrence of DUI. Advances in technology, increased portability, and multiple applications of devices are other factors expected to drive market growth during the forecast period. However, the growth of global breath analyzers market is restricted by certain challenges, such as inaccurate results caused due to the devices’ inability to distinguish alcohol from any other chemical compound that contains a methyl group structure. In addition, asthma inhalers, dentures, lip gloss, and mouthwash can alter the test results of breath analyzers. Also, the reluctance of drivers to undergo breath tests due to hygiene and health concerns can pose a challenge to market growth.
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North America accounted for the largest share of the global breath analyzers market in 2014, followed by Europe. However, Asia-Pacific is expected to be the fastest-growing market owing to strict government regulations in prominent Asia-Pacific countries, and growing alcoholism; rising vehicle base in this region.
Key players in the global breath analyzers market include Drägerwerk AG; CO. KGaA (Germany), (U.S.), Lifeloc Technologies (U.S.), BACtrack, Inc. (U.S.), Quest Products, Inc. (U.S.), Akers Biosciences, Inc. (U.S.), Intoximeter, Inc. (U.S.), AK GlobalTech corporation (U.S.), Alcohol Countermeasure Systems Corporation (Canada), and EnviteC-Wismar GmbH (Germany).
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