The global breath analyzer market is projected to grow at a CAGR of 26% during 2019-2024. The growth of breath analyzer market is driven by increasing alcohol & drug abuse, favorable government laws and regulations, and growing awareness levels and legal requirements in workplaces to keep the environment drug and alcohol free.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the breath analyzer market by
technology (fuel cell technology, semiconductor oxide sensor technology,
infrared, smart crystal and others), application (alcohol detection, drug abuse
detection, and medical application), end use (hospitals, diagnostic centers and
others), and region (North America, Europe, Asia-Pacific, and Rest of the
World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the breath analyzer market?
Q.4 What are some
changing demands of customers in the breath analyzer market?
Q.5 What are the new
developments in the breath analyzer market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this breath analyzer area and how big of
a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this breath analyzer market?
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Market Segmentation:
Based on technology, the
breath analyzer market is segmented into fuel cell technology, semiconductor
oxide sensor technology, infrared, smart crystal and others. The fuel cell technology
segment accounted for the largest share of the market in 2020 due to rising
demand for compact and easy-to-use analyzers.
North America is
expected to be the largest region over the forecast period due to the growing use
of personal breath analyzer in this region.
Key Players in the breath
analyzer market are Teledyne e2v, Northrop Grumman Corporation, Thorlabs., Iris
AO, Adaptica S.R.L., Active Optical Systems, Flexible Optical, Imagine Optic,
Boston Micromachines Corporation, and PHASICS CORP.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/breath-analyzer-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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