RnRMarketResearch.com adds “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)” global research report to its store.
Dallas, TX -- (SBWIRE) -- 12/23/2014 -- The global breath analyzers market is estimated to grow at a CAGR of 26.3% from 2014 to 2019, to reach $1,539.1 million by 2019 from $479.3 million in 2014. The market is driven by several factors such as increasing consumption of alcohol worldwide, and stringent law enforcement by various governments to curb drunken driving.
Increasing alcohol consumption has led to a rise in the demand for BAC testing devices such as breath analyzers. In response, governments in specific countries have reduced the legal limit of blood alcohol concentration (BAC) and have increased field breath testing activities. Advancing technology, increased portability, and multiple applications of these devices are some of other factors expected to drive the market growth during the forecast period.
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Breath analyzers are devices used to detect the presence of different compounds in the breath sample of individuals. They are most commonly used to measure blood alcohol content levels (BAC). These devices play a significant role in the conviction of DUI offenders. Growth in the breath analyzers application market is primarily attributed to increasing alcohol consumption and drug abuse, and increase in the incidences of diseases such as tuberculosis, asthmas, cancer, among others. Furthermore, there is an increasing trend towards adopting personal breath analyzers by individuals.
Based on endusers, law enforcement agencies accounted for the largest share. Based on applications, alcohol testing accounted for the largest share of the breath analyzers market in 2014.Based on region, North America accounted for the largest share of the market, mainly due to factors such as alcohol & drug testing regulations enacted by select states in the U.S., the rising use of personal breath analyzers, and incessant new product launches.
The companies profiled in breath analyzers market research report are AK Global Tech Corporation, Akers Biosciences, Inc., Alcohol Countermeasure Systems Corporation, Alere, Inc., BACtrack, Inc., Drägerwerk AG & Co. KGaA, EnviteC-Wismar GmbH (A Honeywell Company), Intoximeters, Inc., Lifeloc Technologies, MPD, Inc., and Quest Products, Inc.
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The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering greater market shares. Firms purchasing the report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market shares.
The report provides insights on the following pointers:
-Market Penetration: Comprehensive information on product portfolio and services offered by the ten major players in the breath analyzer market. The report analyzes the breath analyzer market across geographies
-Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the breath analyzer market
-Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the breath analyzer market across regions
-Market Diversification: Extensive information about new products and services, untapped geographies, recent developments, and investments in the breath analyzer market
-Competitive Assessment: In-depth assessment of strategies, products, and services of leading players in breath analyzer market
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