Ignition Interlock Devices Market 2021 Size, Share, Industry Trends, Future Development, Outlook, Growth Analysis and 2028 Forecast

(The Express Wire via Comtex)

The global ignition interlock devices market size is expected to gain momentum owing to the increasing drink and drive offenses during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Ignition Interlock Devices Market, 2021-2028.” The signal is interrupted by the Ignition interlock device system until a valid breath sample is provided that meets the pre-programmed sample requirements. It is a device that is used to prevent drunk driving.

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List of Key Players Profiled in the Global Market for Fuel Cells forIgnition Interlock Devices:

  • Alco Alert Interlock
  • Dragerwerk AG and Co.
  • Lifesafer Inc.
  • Intoxalock
  • Monitech LLC
  • Guardian Interlock System Corp.

Competitive Landscape-

Increasing Number of Mergers to Create Opportunities for Market Growth

In order to maintain a competitive advantage in the market, suppliers include value-added features in their IIDs to differentiate their products. Agreements, partnerships, acquisition expansion, and product launch are among the key tactics of recent market changes. Growth in the market in terms of product innovations is likely to open up significant investment potential for global competitors.

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Government Regulations to Promote Growth in North America

North America is expected to hold the largest global ignition interlock devices market share during the forecast period. This is due to technologically advanced features, and mandatory laws applied by the government are major factors driving the market forward. For instance, California has implemented pilot programs in its four largest countries and provides lucrative rewards to promote the use of the device.

Industry Development-

  • April 2021:Smart Start, the world's largest provider of ignition interlock devices with thousands of locations in the United States and abroad, will launch FLEX in chosen partner states that require the use of an IID for impaired driving crimes. FLEX and its FLEX-Cal technology will be made available to more states and markets over time.

Ignition Interlock Devices Market Segmentation:

By Type

  • Traditional
  • Smart

By Application Type

  • Private
  • Commercial

By Geography

  • North America (USA, Canada, and Mexico)
  • Europe (Germany, France, U.K., and Rest of Europe)
  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)
  • Rest of the World

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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Press Release Distributed by The Express Wire

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