Industry Background:
Ignition interlock device (IID) also known as breath alcohol ignition interlock device, is a dashboard-mounted breathalyser which is directly connected to the vehicle’s ignition system. The driver needs to blow into the attached IID to test breath alcohol concentration (BAC) level. If the alcohol level in driver’s blood is more than the one which is programmed in the vehicle, then IID stop an engine from being started. The IID system interrupts the signal until a valid breath sample is provided which meets the programmed sample criteria. Moreover, at random times, vehicle asks for another breath sample, referred to as a rolling retest. The motive behind a rolling test is to prevent someone other than the driver to give a breath sample.This growth is primarily driven by Increasing Cases of Driving Under the Influence (DUI) in Developed Economies and Consistent Accuracy in Fuel Cell-Based Devices.
Globally, a noticeable market trend is evident Continuously Observing Authority Compliance Maintained for User
. Major Players, such as Smartstart Inc. (United States), Lifesafer Inc. (United States), Alcohol Countermeasure System Inc. (Canada), Intoxalock (United States), Dragerwerk AG & Co. KGaA (Germany), Monitech, LLC (United States), Volvo (Sweden), Alcohol Detection Systems, Inc (United States), LMG Holdings, Inc. (Riverside Co.) (United States), Guardian Interlock System Corp (United States) and Alco Alert Interlock Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 4th February 2020, The Riverside Co. has announced what seems to be its first acquisition under its 'value investing' strategy with LMG Holdings Inc., a provider of ignition interlock systems used to prevent drunken driving. LMG is based in Blue Ash, Ohio (near Cincinnati).
Regulatory Insights:
"In California, As of July 1, 2010, California implemented a pilot project for DUI sentencing, as a pilot program involving four counties under AB 91: Alameda, Los Angeles, Sacramento, and Tulare. Under the pilot project, if driving on a suspended license due to a DUI conviction, legally the court must impose an ignition interlock device requirement for up to a maximum of three years from the date of conviction."
Market Drivers
- Increasing Cases of Driving Under the Influence (DUI) in Developed Economies
- Consistent Accuracy in Fuel Cell-Based Devices
Market Trend
- Continuously Observing Authority Compliance Maintained for User
- Technological Advancement in Alcohol Detection Accuracy
Restraints
- High Cost Associated with Ignition Interlock Devices (IIDs)
Opportunities
Need to Adopt Ignition Interlock as a Condition for Drivers Convicted of Driving Under the Influence in Emerging Economies and Government Proposals to Install Ignition Interlock Devices (IIDs) on All New Vehicles
Challenges
Lack of Awareness and Government Regulations in Underdeveloped and Developing Nations
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Ignition Interlock Devices Study Sheds Light on
The Ignition Interlock Devices Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Ignition Interlock Devices industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Ignition Interlock Devices industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.