Alcohol sensor Market
Alcohol sensors are used in sensing the alcohol concentration in the human body and used in breathalyzers or breath analyzers. The sensor is also known as MQ3 sensor. The dipping prices of semiconductor sensors and the rise of alcohol-induced accidents and collisions can create a huge demand for these devices. Applications of sensors comprise gas alarms and portable alcohol detectors. The global alcohol sensor market report compiled by Market Research Future (MRFR) contains estimations for revenue and growth for the period of 2018 to 2027 (forecast period). The COVID-19 impact on the industry is explored at depth with suggestive measures to negate its effects.
Market Scope
The global alcohol sensor market is expected to showcase a CAGR of 13.5% over the forecast period to touch a value of USD 1,980 million by 2027. It was valued at USD 605 million in 2017. The surge in drink-and-drive cases is the primary driver of the market. This is supported by governments in various countries enacting laws to prohibit excessive drinking and drinking in public places or restricted areas.
Demand for breathalyzers have increased in emerging markets owing to rising alcohol consumption rates has induced the need for stringent measures for curbing such cases. Initiatives such as the Driver Alcohol Detection System for Safety (DADSS) for preventing inebriated cases and integration of detection of staggering alcohol levels in consumers in latest cars can drive market growth. Rise in disposable income levels of customers and awareness of risks of driving under the influence can spur the market growth.
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Segmentation
The global alcohol sensor market is segmented by application, end users, and technology.
By application, it is segmented into healthcare application and vehicle controlling. The healthcare application accounted for 61% market share owing to the large number of cases in the sector. On the other hand, the vehicle controlling segment is touted to display the fastest growth over the forecast period owing to advances in technology. The vehicle can shut its ignition on detection of large levels of alcohol.
By end users, it caters to individuals, commercial, and law enforcement agencies. Law enforcement agencies are commanding the large share of the market. This can be attributed to its use by agencies worldwide for curbing drunk-and-drive cases.
By technology, it is segmented into semiconductor oxide sensor technology, fuel cell technology, and others. The fuel cell technology segment is expected to dominate over the forecast period owing to reliability and accuracy of devices.
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Regional Analysis
The regional analysis of alcohol sensors market is being studied for regions of Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW).
North America accounted for the large share in 2017 with a value of USD 215.1 million. The large bustling economy, large volume of DnD cases, and high adoption of breathalyzers are major drivers of the market.
APAC is poised to display the strongest growth rate over the forecast period due to its demand in India, China, and Japan. Growing cases of alcoholism and regulations for curtailing accidents caused by drunk driving can spur the regional alcohol sensor market demand till 2027.
Competitive Outlook
Abbot Laboratories, Asahi Kasei Corporation, BACKtrack Inc., Intoximeters Inc., Honeywell International Inc., AlcoPro Inc., Giner Labs, Alcohol Countermeasure Systems (International) Inc., Drägerwerk AG & Co. KGaA, and Lifeloc Technologies are key players of the global alcohol sensor market. Mergers, acquisitions, and launch of new products are strategies of players to sustain their hold in the market. Recently, Lifeloc launched the Phoenix 6.0 Evidential Breath Testers for workplace, law enforcement agencies, and correction facilities.
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