"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."
The article cited AMA's "Global Ignition Interlock Devices Market Study" explored CAGR of 20.3%. According to the report, Continuously Observing Authority Compliance Maintained for User
is one of the primary growth factors for the market. Increasing Cases of Driving Under the Influence (DUI) in Developed Economies
is also expected to contribute significantly to the Ignition Interlock Devices market growth. Overall, Vehicles
applications of Ignition Interlock Devices, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology Type, such as Fuel Cell Technology, is boosting the Ignition Interlock Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End Use, such as Compliance, is boosting the Ignition Interlock Devices market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Ignition Interlock Devices market identified that the demand is rising in many different parts of the world as "Need to Adopt Ignition Interlock as a Condition for Drivers Convicted of Driving Under the Influence in Emerging Economies
". Furthermore, some recent industry insights like "In 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)." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Ignition Interlock Devices market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Ignition Interlock Devices market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Ignition Interlock Devices market size is calculated using market estimation process, the Ignition Interlock Devices market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Ignition Interlock Devices market size has been validated using both top-down and bottom-up approaches.