Breathalyzer Market Booms with Technological Advances; Key to Reducing Alcohol-Related Road Deaths
Molson Coors Beverage Company Class B (TAP)
Last molson coors beverage company class b earnings: 4/30 07:00 am
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Source: GlobeNewswire
NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- FinancialBuzz.com News Commentary The breathalyzer market has witnessed significant growth and technological advancements in recent years. With increasing concerns over road safety and stringent legal measures against drunk driving, the demand for breathalyzers has surged globally. Innovations such as fuel cell technology, which offers high accuracy and reliability, have become more prevalent. Moreover, the integration of connectivity features enabling real-time data sharing with law enforcement and monitoring systems has expanded the applications of breathalyzers beyond just personal or law enforcement use to workplace safety and healthcare diagnostics. As of recent assessments, the global breathalyzer market is projected to reach approximately USD 9.3 billion by 2030, reflecting a compound annual growth rate (CAGR) of about 18.1% from 2023 onwards, according to data provided by Grand View Research. Cannabix Technologies Inc
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