The Alcohol Sensor Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Alcohol Sensor Global Market Report 2024, The alcohol sensor market size is expected to see rapid growth in the next few years. It will grow to $3.94 billion in 2028 at a compound annual growth rate (CAGR) of 14.0%. The growth in the forecast period can be attributed to increasing numbers of individuals drinking alcohol, rising demand for sensors, increasing demand for accurate alcohol and narcotics detection systems, increasing concern about road safety, and increasing emphasis on workplace safety and employee alcohol testing. Major trends in the forecast period include technological advancement, integration with smart devices, non-invasive technologies, disposable and portable sensors, and artificial intelligence.
The increasing number of drunk-driving crashes is expected to propel the growth of the alcohol sensor market going forward. Drunk-driving crashes refer to traffic accidents that occur due to the involvement of drivers who are under the influence of alcohol. These crashes typically result from impaired judgment, reduced reaction times, and compromised motor skills caused by alcohol consumption. The increasing number of drunk-driving crashes is due to increasing Alcohol Consumption, Inadequate enforcement of laws, and delays in legal proceedings. The alcohol sensors serve as critical tools in the broader efforts to combat drunk driving by enabling detection, deterrence, enforcement, and public education initiatives to promote safer roads and communities. For instance, in May 2022, according to the National Highway Traffic Safety Administration, a US-based government agency, Each day, approximately 37 individuals in the United States lose their lives in crashes involving drunk driving, equating to one fatality every 39 minutes. In 2022, a total of 13,524 deaths occurred due to alcohol-impaired driving incidents on the roads. Therefore, the increasing number of drunk-driving crashes is driving the growth of the alcohol sensor market.
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The alcohol sensor market covered in this report is segmented –
1) By Type: Fuel Technology, Semiconductor Oxide Sensor Technology, Other Technologies
2) By Application: Healthcare Application, Vehicle Controlling
3) By End-Users: Commercial, Law Enforcement Agencies, Individuals
Major companies operating in the alcohol sensor market are focusing on developing innovative products, such as wearables for alcohol detection, to enhance user convenience and accuracy. An alcohol detection wearable is designed to monitor and detect alcohol levels in the wearer’s body. These wearables typically use sensors and technology to analyze perspiration or other bodily fluids to determine if alcohol has been consumed. For instance, in August 2023, SOBR Safe, Inc., a US-based provider of next-generation transdermal alcohol detection solutions, launched SOBRsure, an alcohol monitoring wristband. SOBRsure has diverse potential applications, starting with teen drivers and over-the-road trucking, as well as outpatient alcohol treatment and fostering co-parenting confidence. SOBRsafe’s advanced alcohol safety technology detects and instantly reports the presence of alcohol passively emitted through the skin, ensuring hygiene without invasive breath, blood, or urine samples.
The alcohol sensor market report table of contents includes:
1. Executive Summary
2. Alcohol Sensor Market Characteristics
3. Alcohol Sensor Market Trends And Strategies
4. Alcohol Sensor Market – Macro Economic Scenario
5. Global Alcohol Sensor Market Size and Growth
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32. Global Alcohol Sensor Market Competitive Benchmarking
33. Global Alcohol Sensor Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Alcohol Sensor Market
35. Alcohol Sensor Market Future Outlook and Potential Analysis
36. Appendix
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