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North America Ignition Interlock Devices Market Anticipated to reach US$ 48.8 Mn By 2025
The North America ignition interlock devices market was valued at US$ 35.1 Mn in 2015 and is anticipated to reach US$ 48.8 Mn, expanding at healthy CAGR of 6.6% in terms of volume and 5.6% in terms of value, over the forecast period.
(EMAILWIRE.COM, February 02, 2018 ) Ignition Interlock Device is an advanced breathalyser installed in vehicles to measure the Blood Alcohol Content (BAC) of the driver, wherein the driver needs to blow breath into the device to give his breath sample. If the alcohol content in the breath sample is more than pre-set limit of the device, the vehicle would not start. Ignition interlock device is used as a tool against drunk driving.
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The ignition interlock device can be used by drivers convicted of DUI as well as by voluntary users who are not convicted of DUI. In order to use this device, the user needs to pay a number of fees, such as installation charges, monitoring fees, device calibration charges, etc. Use of ignition interlock device helps the convicted driver to regain his license much before the completion of his suspension period. However, laws regarding the usage of these devices differ in each state of the U.S and Canada. Some states have made the usage of device mandatory for first-time offenders, while in other states, it’s compulsory for second or third-time offenders.
The trend in this market is the provision of devices with added features by current market players, such as camera, GPS tracker, and attractive cup shaped packaging, in view of avoiding the social awkwardness caused by the usage of ignition interlock device
The North America ignition interlock devices market was valued at US$ 35.1 Mn in 2015 and is anticipated to reach US$ 48.8 Mn, expanding at healthy CAGR of 6.6% in terms of volume and 5.6% in terms of value, over the forecast period.
By technology, the fuel cell technology segment accounted for approximately 97.3% value share of the total market in 2015 and is expected to continue to dominate the market, expanding at a CAGR of 5.8% in terms of value throughout the forecast period.
Browse Detailed Table of Content of this Report @ https://www.mrrse.com/north-america-ignition-interlock-devices-market
Currently, the key focus of the major market players lies on offering added features such as mobile application, real-time monitoring, GPS tracker, etc.
Some of the major market players in the North America ignition interlock devices market include Smartstart Inc., Lifesafer Inc., Drägerwerk AG & Co. KGaA, Alcohol Countermeasure Systems (International) In
Some of the key players in the North America ignition interlock devices market include:
Smartstart Inc.
Lifesafer Inc.
Alcohol Countermeasure System Inc.
Drägerwerk AG & Co.
KGaA, Monitech, LLC.
Alco Alert Interlock, Inc.
Guardian Interlock, LLC.
Alcohol Detection Systems, Inc.
The ignition interlock devices market is segmented as follows:
By Technology
Fuel Cell Technology
Semiconductor Technology
By End Use
Compliance Segment
Commercial Segment
By Region:
S.
Canada
Key features included in this report:
Drivers and restraints for the ignition interlock devices market
Latest product innovations and key developments in the market
Analysis of business strategies of the top players
Ignition interlock devices market estimates and forecasts
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Telephone: +1-518-730-0559 (US- Canada Toll Free)
Email: sales@mrrse.com
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The ignition interlock device can be used by drivers convicted of DUI as well as by voluntary users who are not convicted of DUI. In order to use this device, the user needs to pay a number of fees, such as installation charges, monitoring fees, device calibration charges, etc. Use of ignition interlock device helps the convicted driver to regain his license much before the completion of his suspension period. However, laws regarding the usage of these devices differ in each state of the U.S and Canada. Some states have made the usage of device mandatory for first-time offenders, while in other states, it’s compulsory for second or third-time offenders.
The trend in this market is the provision of devices with added features by current market players, such as camera, GPS tracker, and attractive cup shaped packaging, in view of avoiding the social awkwardness caused by the usage of ignition interlock device
The North America ignition interlock devices market was valued at US$ 35.1 Mn in 2015 and is anticipated to reach US$ 48.8 Mn, expanding at healthy CAGR of 6.6% in terms of volume and 5.6% in terms of value, over the forecast period.
By technology, the fuel cell technology segment accounted for approximately 97.3% value share of the total market in 2015 and is expected to continue to dominate the market, expanding at a CAGR of 5.8% in terms of value throughout the forecast period.
Browse Detailed Table of Content of this Report @ https://www.mrrse.com/north-america-ignition-interlock-devices-market
Currently, the key focus of the major market players lies on offering added features such as mobile application, real-time monitoring, GPS tracker, etc.
Some of the major market players in the North America ignition interlock devices market include Smartstart Inc., Lifesafer Inc., Drägerwerk AG & Co. KGaA, Alcohol Countermeasure Systems (International) In
Some of the key players in the North America ignition interlock devices market include:
Smartstart Inc.
Lifesafer Inc.
Alcohol Countermeasure System Inc.
Drägerwerk AG & Co.
KGaA, Monitech, LLC.
Alco Alert Interlock, Inc.
Guardian Interlock, LLC.
Alcohol Detection Systems, Inc.
The ignition interlock devices market is segmented as follows:
By Technology
Fuel Cell Technology
Semiconductor Technology
By End Use
Compliance Segment
Commercial Segment
By Region:
S.
Canada
Key features included in this report:
Drivers and restraints for the ignition interlock devices market
Latest product innovations and key developments in the market
Analysis of business strategies of the top players
Ignition interlock devices market estimates and forecasts
Ask an Query @ https://www.mrrse.com/enquiry/1747
About (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
Contact Us
State Tower
90, State Street
Suite 700
Albany, NY – 12207 (United States)
Telephone: +1-518-730-0559 (US- Canada Toll Free)
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Contact Information:
MRRSE
Alok Kumar
Tel: 5187300559
Email us
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MRRSE
Alok Kumar
Tel: 5187300559
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results