Global Alcohol Breathalyzer Testing Equipment Market 2023
The global alcohol breathalyzer testing equipment market size was valued at USD 8.2 billion in 2022. The market is projected to grow from USD 8.2 billion in 2022 to USD 12.1 billion by 2030, exhibiting a CAGR of 6.70% during the forecast period.
In many countries, alcohol has cultural and social significance. Nonetheless, it cannot be denied that alcohol has negative consequences on many facets of daily life. According to research, driving after consuming alcohol considerably increases the likelihood of an accident and the severity of that accident, which can result in fatalities and severe injuries.
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The market will be driven throughout the projected period by strict government rules and regulations to reduce instances of driving while under the influence of alcohol or drugs. Technological improvements drive the market for breathalyzer and drug testing equipment.
The industry is being boosted by the increased use of breathalyzers and other drug testing technology, the rise in DUI cases and drug addiction, and strict government rules and legislation aimed at reducing the number of alcohol-impaired driving incidents.
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LIST OF KEY COMPANIES PROFILED:
Dragerwerk AG & Co. KGaA
Quest Products, Inc.
Intoximeters
Lion Laboratories Ltd.
C4 Development Ltd.
Alere, Inc.
Lifeloc Technologies
BACtrack
Securetec Detektions-Systeme AG
Andatech Private Ltd.