Alcohol Sensor Market Identifies the Key Drivers of Growth Opportunities

Posted by nileshdbmr on February 3rd, 2020

Global alcohol sensor market is expected to reach USD 4.33 billion by 2026 from USD 1.55 billion in 2018 and is projected to grow at a CAGR of 13.7% in the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Alcohol sensor is used to detect the alcohol gas that present in the air as well as analog voltage output that present in the devices. It consists of heating system inside the sensor such are tin dioxide and aluminum oxide, so that it detect the heating conditions. . The alcohol sensors can be used to analyze the temperature ranging from -10°C to 50°C. The alcohol sensor is mostly witnessed in detecting smoke, vapor and gasoline gases present in the industries.

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Key Players: Global Alcohol Sensor Market

The renowned players in alcohol sensor market are Drägerwerk AG & Co. KGaA, Abbott, Alcohol Countermeasure Systems Corp., AlcoPro., Giner Inc., Honeywell International Inc., Asahi Kasei Corporation, Intoximeters, Lifeloc Technologies Inc., Quest Products, Inc., Akers Biosciences, Inc., MPD, Inc., AK GlobalTech Corp. and C4 Development Ltd.    

Segmentation: Global Alcohol Sensor Market

•          By Application (vehicle controlling and healthcare application)
•          By End-users (Law enforcement agencies, Commercial and Individuals)
•          By Technology (Fuel cell technology, Semiconductor oxide sensor technology and Others)
•          By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

Competitive Analysis: Global Alcohol Sensor Market

Global alcohol sensor market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of alcohol sensor market for global, Europe, North America, Asia Pacific and South America.

Market Drivers:

•          Increasing demand for accurate alcohols and narcotics detection systems.
•          Growing demand for diagnosis of Chronic Obstructive Pulmonary Disease (COPD), cancer and tuberculosis.
•          Research and development took place to improve the measurement of breath carbon monoxide (CO) in smoking activities

Market Restraints:

•          Complex structure in heat sensor.
•          High cost of breath analyzers equipment sensors.   

Key Insights in the report:

•          Complete and distinct analysis of the market drivers and restraints
•          Key Market players involved in this industry
•          Detailed analysis of the Market Segmentation
•          Competitive analysis of the key players involved

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