LifeLoc Technologies Inc (LCTC)

[pdicamillo1]

Alcohol Breathalyzer and Drug Testing Equipment Market for Lifeloc Technologies:

https://honestversion.com/alcohol-breathalyzer-and-drug-testing-equipment-market-for-lifeloc-technologies-inc-lion-laboratories-limited-andatech-pty-ltd/

"The worldwide market for alcohol breathalyzer and drug testing equipment is anticipated to increase at a 6.9% CAGR in value terms all through the calculated period 2018-2026. The worldwide market estimated at around US$ 7.3 Billion during 2017 that is likely to grow approximately US$ 13.4 Billion towards the end of 2026."

"The fuel cell based breathalyzer is likely to continue as the biggest category over the calculated period, reflecting the maximum 7.3% CAGR."

"While rising number of drunk driving instances are likely to fuel the requirement for alcohol detection equipment, it is anticipated that drugs detection category will be highly lucrative in the said period."

The major companies functional in the global market are:

Lifeloc Technologies Inc.
Lion Laboratories Limited
Andatech Pty. Ltd.
Intoximeters
Quest Products, Inc.
BACtrack
C4 Development Ltd (Alcovisor)
Drägerwerk AG & Co. KGaA
Alere (Abbott.)
Others