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Digital Scent Technology Market

Digital Scent Technology Market Forecasts to 2028 – Global Analysis By Hardware Device (Cartridge, Electronic Nose), Applications (Chemical, Packaging), End Users (Quality Control Products, Smelling Screen) and By Geography

4.9 (52 reviews)
Published: July 2021 ID: SMRC20784
4.9 (52 reviews)
Published: July 2021 ID: SMRC20784

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Digital Scent Technology Market is accounted for $0.91 billion in 2020 and is expected to reach $2.14 billion by 2028 growing at a CAGR of 11.3% during the forecast period. The growing application and advancements in e-nose technologies and increasing use of e-nose devices for disease diagnostic applications are driving the market growth. However, the high cost of digital scent technology is hampering the growth of the market.

The digital scent technology uses hardware equipment such as scent synthesizer and e-nose to sense and create several kinds of smells. The e-nose is an assortment of gas sensors such as metal oxide semiconductor field-effect transistor (MOSFET) sensors, optical fiber sensors, polymer sensors, and piezoelectric sensors, and E-noses are widely utilized by end-users such as military & defence, food & beverage, and healthcare. Scent synthesizers use a cartridge to create smells.

Based on the hardware device, the electronic nose segment is going to have lucrative growth during the forecast period. Non-stop technological expansions and the decreasing cost of e-nose are the foremost factors that would drive the growth of e-nose during the forecast period. In February 2020, a team of researchers from Australia developed an inexpensive, portable e-nose that used machine learning to rapidly assess beer quality based on its aroma. The e-nose was designed to look like a small microchip and gave results with 97% correctness.

By geography, North America is going to have high growth during the forecast period, due to the presence of various key players in the region. The major factors which are driving the growth of the market are increasing acceptance of improved digital services by customers, use of biosensors for initial detection of diseases, strict regulatory environment with regards to indoor air quality in the US, and important e-nose expansions concerning applications in the medical and agriculture industries.

Some of the key players profiled in the Digital Scent Technology Market include Airsense Analytics Gmbh, Alpha Mos Sa, Ams Ag, Aromajoin Corporation, Aryballe, Electronic Sensor Technology Odotech Inc, Owlstone, Plasmion Gmbh, Scent Sciences Corporation, Scentsational Technologies, Sensigent, Smiths Detection Inc, Stratuscent Inc and Voler Systems.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 0.91 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

11.3%

Predicted 2028 Value:

USD 2.14 billion

Forecast Years:

2021-2028

Tables, Graphs& Figures

294

Chapters Covered:

Type, Hardware Device, Sensor Type, Application, End User, and Region

Core Drivers and Opportunities:

  • Advancements in e-nose technologies
  • Increasing use of e-nose devices for disease diagnostic applications

Restraining Factors & Market Threats:

  • High cost


Types Covered:
• Rotary Die Cutting Machine
• Platen Die Cutting Machine

Hardware Devices Covered:
• Cartridge
• Electronic Nose
• Scent Synthesizer
• Scentograph   

Sensor Types Covered:
• Mosfet Sensor
• Optical Fiber Sensor
• Piezoelectric Sensor
• Polymer Sensor
• Quartz Sensor  

Applications Covered:
• Automobile
• Chemical
• Communication
• Education
• Entertainment
• Environmental Monitoring
• Food & Beverage
• Healthcare And Life Sciences
• Marketing
• Medical
• Military & Defence
• Packaging
• Security

End Users Covered:
• Explosives Detectors
• Mobile Phone and computers
• Music And Video Games
• Quality Control Products
• Smelling Screen
• Virtuality Reality Devices
• Medical Diagnostic Products
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Digital Scent Technology Market is majorly driven by the growing application and advancements in e-nose technologies and increasing use of e-nose devices for disease diagnostic applications.

The electronic nose segment is growing at a highest CAGR owing to non-stop technological expansions and the decreasing cost of e-nose.

Asia Pacific dominated with a significant market share due to the factors such as rapid development and investments in research and development in digital scent technology which will have a positive impact in this region.

North America market is growing at a highest CAGR owing to the increasing acceptance of improved digital services by customers and use of biosensors for initial detection of diseasesin the region.

Key players in Digital Scent Technology Market include Airsense Analytics Gmbh, Alpha MosSa, Ams Ag, Aromajoin Corporation, Aryballe, Electronic Sensor Technology OdotechInc, Owlstone, PlasmionGmbh, Scent Sciences Corporation, Scentsational Technologies, Sensigent, Smiths Detection Inc, StratuscentInc and Voler Systems.

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