Global Alcohol Sensor Market, By Application (Vehicle Controlling and Healthcare Application), End-Users (Law Enforcement Agencies, Commercial and Individuals), Technology (Fuel Cell Technology, Semiconductor Oxide Sensor Technology and Others) – Industry Trends and Forecast to 2029.
Global Alcohol Sensor Market Analysis and Size
Alcohol sensors are used by a range of industry verticals. The alcohol sensors are effective in detecting ethanol in the air owing to the presence of a temperature system inside this electronic device. Drägerwerk AG & Co. KGaA (Germany), Abbott (US) and Alcohol Countermeasure Systems Corp. (Canada) are the some major players operating in this market.
- Data Bridge Market Research analyses that the alcohol sensor market value, which was USD 2.29 billion in 2021, is expected to reach the value of USD 6.64 billion by 2029, at a CAGR of 14.20% during the forecast period. "Semiconductor Oxide Sensor Technology" accounts for the largest technology segment in the alcohol sensor market owing to the it offers some major benefits such as lower manufacturing costs, less power consumption, small and easy operating functions.
Global Alcohol Sensor Market Definition
From the name itself, it is clear that alcohol sensors are the electronic devices that are used to check the concentration of alcohol owing to their high sensitivity and fast response to alcohol. These alcohol sensors provide an analogue resistive output on detection of alcohol. These sensors can be used to analyse temperatures ranging from -10 ° C to 50 ° C.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Application (Vehicle Controlling and Healthcare Application), End-Users (Law Enforcement Agencies, Commercial and Individuals), Technology (Fuel Cell Technology, Semiconductor Oxide Sensor Technology and Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Drägerwerk AG & Co. KGaA (Germany), Abbott (US), Alcohol Countermeasure Systems Corp. (Canada), AlcoPro. (US), Giner Inc. (US), Honeywell International Inc. (US), Asahi Kasei Corporation (Japan), Intoximeters (US), Lifeloc Technologies Inc. (US), Quest Products, Inc. (US), Akers Biosciences, Inc. (US), MPD, Inc. (US), AK GlobalTech Corp. (US), C4 Development Ltd. (HongKong), BACKtrack Inc. (US), Sunrom Eelctronics (India), SENSEAIR (Sweden), MGK SENSOR Co., Ltd. (Japan), MEDICAL SENSORS INDIA PVT. LTD. (India) and Dart Sensors Ltd (US)
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Market Opportunities
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Global Alcohol Sensor Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Growth in investment for research and development to carve way for innovations
The rising number of strategic market collaborations has led to the rise in funds to be allocated for the growth and development of advanced and automated technology/ machinery. Further, growth in the level of investment for research and development proficiencies would carve the way for innovations in manufacturing technology.
- Increased proliferation of electronics globally to induce greater demand and supply in emerging nations
Growing proliferation and penetration of electronics is one of the major factors fostering the growth of the market. Alcohol sensors are portable electronic devices and this is directly influencing the growth rate of the market.
- Growth and expansion of end user verticals to present numerous opportunities for small scale businesses
Owing to the global economic rise, there is a huge scope of growth for the semiconductors and electronics industry. There is an increased focus of the major manufacturers on the application of advanced technologies which will widen the scope of growth.
Rising urbanization, modernization, and globalization drive market value growth. Surging alcohol consumption rate, which is necessitating a greater stringency and control over liquor, increasing demand for accurate alcohols and narcotics detection systems, and increased e-commerce industry's proliferation are other market growth determinants. Furthermore, advancements in manufacturing technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, rising demand for diagnosis of Chronic Obstructive Pulmonary Disease (COPD), cancer and tuberculosis will further expand the future growth of the market.
- Increased number of regulations to limit the scope of growth in the long run
Rising enforcement of stringent environmental regulations imposed on the industries will create hindrances for the growth of the market. Also, stringent regulations on product approvals will narrow down the scope of growth for the market. Further, suspension of business activity on account of the coronavirus pandemic will yet again create hindrances.
- Supply chain disruptions will pose a threat to the unprecedentedly growing market demand
With the rising number of restrictions around the globe due to pandemic, there has been a hit in the demand and supply of display materials. Also, fluctuations in the prices of raw materials will prove to be a demerit for the market. Therefore, this will challenge the market growth rate.
Also, dearth of awareness in underdeveloped regions and high costs associated with the breath analysers will act as growth restraints for the market. Lack of strong infrastructural facilities in the backward economies, lack of ability to accurately measure intoxication level and complex structure of heat sensors will also challenge the market growth rate.
This alcohol sensor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the alcohol sensor market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Alcohol Sensor Market
The recent outbreak of coronavirus has proven to be a bane for the market. The pandemic has led to the suspension of business activity on account of the coronavirus pandemic and has resulted in disruptions in global supply chains, border restrictions, and travel restrictions by government bodies. The market growth rate saw a slowdown owing to the stringent measures taken up to curb the commercial activities. However, the market is expected to witness a boom post relaxations globally and stringent government rules and regulations pertaining to driving.
Global Alcohol Sensor Market Scope
The alcohol sensor market is segmented on the basis of application, end-users and technology. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Vehicle Controlling
- Healthcare Application
Alcohol sensor market on the basis of application has been segmented as vehicle controlling and healthcare application.
End-users
- Law Enforcement Agencies
- Commercial
- Individuals
Based on end-users, the alcohol sensor market has been segmented into law enforcement agencies, commercial and individuals.
Technology
- Fuel Cell Technology
- Semiconductor Oxide Sensor Technology
- Others
On the basis of technology, the alcohol sensor market has been segmented into fuel cell technology, semiconductor oxide sensor technology and others.
Alcohol Sensor Market Regional Analysis/Insights
The alcohol sensor market is analysed and market size insights and trends are provided by country, application, end-users and technology as referenced above.
The countries covered in the alcohol sensor market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America will dominate the alcohol sensor market due to the extensive use of breathalysers or alcohol sensors by law enforcement agencies and ongoing campaigns and active participation of healthcare facilities and law enforcement in the curbing of driving while under the influence of alcohol.
Asia-Pacific will be expected to witness the highest growth rate during the forecast period of 2022 to 2029 due to increased alcohol consumption and driven the need for alcohol measurement devices to protect other drivers and pedestrians.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Alcohol Sensor Market Share Analysis
The alcohol sensor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to alcohol sensor market.
Some of the major players operating in the alcohol sensor market are:
- Drägerwerk AG & Co. KGaA (Germany)
- Abbott (US)
- Alcohol Countermeasure Systems Corp. (Canada)
- AlcoPro. (US)
- Giner Inc. (US)
- Honeywell International Inc. (US)
- Asahi Kasei Corporation (Japan)
- Intoximeters (US)
- Lifeloc Technologies Inc. (US)
- Quest Products, Inc. (US)
- Akers Biosciences, Inc. (US)
- MPD, Inc. (US)
- AK GlobalTech Corp. (US)
- C4 Development Ltd. (HongKong)
- BACKtrack Inc. (US)
- Sunrom Eelctronics (India)
- SENSEAIR (Sweden)
- MGK SENSOR Co., Ltd. (Japan)
- MEDICAL SENSORS INDIA PVT. LTD. (India)
- Dart Sensors Ltd (US)
Research Methodology : Global Alcohol Sensor Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The stage includes the obtainment of market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis.
To know more about the research methodology, drop in an inquiry to speak to our industry experts
https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-alcohol-sensor-market
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