Technological Advancements in Breathalyzers Drive Market Growth and Enhance Road Safety
Tilray Brands, Inc. (TLRY)
Last tilray brands, inc. earnings: 3/2 04:05 pm
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Source: GlobeNewswire
NEW YORK, April 30, 2024 (GLOBE NEWSWIRE) -- FinancialBuzz.com News Commentary The breathalyzer market has experienced significant technological advancements in recent years, driven by improvements in sensor accuracy, portability, and connectivity. Modern breathalyzers now often incorporate fuel cell technology, which provides highly accurate readings and reduces the likelihood of false positives compared to older semiconductor models. The integration of digital capabilities allows these devices to connect with smartphones and other digital platforms, enabling real-time data tracking and sharing. This technological evolution is responding to increasing demands from both law enforcement agencies and individual consumers who seek reliable methods to ensure safety on the roads. And according to data provided by Mordor Intelligence, the Breathalyzers Market size was estimated at USD 2.36 Billion in 2024, and is expected to reach USD 5.18 Billion by 2029 while growing at a CAGR of 16.
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News
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TLRY
Earnings
- 4/9/24 - Beat
TLRY
Analyst Actions
- 4/10/24 - CIBC
TLRY
Sec Filings
- 5/17/24 - Form 8-K
- 5/17/24 - Form 424B5
- 5/14/24 - Form 8-K/A
- TLRY's page on the SEC website