Global Scent Synthesizer And E-Nose Product Market Size By Product, By Application, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Scent Synthesizer And E-Nose Product Market Size By Product, By Application, By Geographic Scope And Forecast
Scent Synthesizer And E-Nose Product Market Size And Forecast
Scent Synthesizer And E-Nose Product Market was valued at USD 80.02 Billion in 2020 and is projected to reach USD 1000 Billion by 2028, growing at a CAGR of 37.31% from 2021 to 2028.
Technological developments in this segment and increased awareness regarding the early detection of diseases by these products are expected to drive the market over the predicted years. Additionally, a wide range of applications of these products in various industry segments such as food & beverage, entertainment, education, healthcare, communication, military & defense, and others are anticipated to fuel the market during the forecasted period. The Global Scent Synthesizer And E-Nose Product Market report provide a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Scent Synthesizer And E-Nose Product Market Definition
Digital scent technology (or olfactory technology) is the engineering discipline dealing with olfactory representation. It is a technology to sense, transmit and receive scent-enabled digital media (such as web pages, video games, movies, and music). This sensing part of this technology works by using olfactometers and electronic noses. Digital scent technology can also be applied in retail warehouses to prepare the workers to handle the consequences of machinery failure.
The technology uses hardware devices consisting of gas sensors such as e-nose and scent synthesizers, which help in sensing and generating different types of smells. It mainly refers to online communication using the human nose. It enables the transmission of odor over the internet. Based on the product, the market is classified into E-nose and Scent synthesizer. Based on the application, the market is sub-divided into Entertainment, Healthcare, Food & Beverage, Environment, and Other.
Global Scent Synthesizer And E-Nose Product Market Overview
Technological developments in this segment and increased awareness regarding the early detection of diseases by these products are expected to drive the market over the predicted years. Additionally, the Usage of these products for quality control by the food & beverage industry for assessment of raw materials expects a boost to the market in the coming years. Additionally, a wide range of applications of these products in various industry segments such as food & beverage, entertainment, education, healthcare, communication, military & defense, and others are anticipated to fuel the market during the forecasted period. However, the high cost of electronic nose and delays between successive smell tastes are some restraints faced by the global Scent Synthesizer And E-Nose Product Market.
Global Scent Synthesizer And E-Nose Product Market Segmentation Analysis
The Global Scent Synthesizer And E-Nose Product Market is Segmented on the basis of Product, Application, And Geography.
Scent Synthesizer And E-Nose Product Market, By Product
• E-nose• Scent synthesizer
Based on the Product, the market is bifurcated into E-nose and Scent synthesizer. The segment is expected to hold the largest market share as MEMS- (micro-electro-mechanical systems) and NEMS- (micro-electro-mechanical systems) e-noses are being used in military & defense and healthcare sectors for detecting explosives, and early detection of diseases, respectively.
Scent Synthesizer And E-Nose Product Market, By Application
• Entertainment• Healthcare• Food & Beverage• Environment• Other
Based on the Application, the market is bifurcated into Entertainment, Healthcare, Food & Beverage, Environment, and Other. The healthcare segment is anticipated to have the highest CAGR in the forecasted period. The factors can be attributed to the increased awareness regarding the early detection of diseases by these products.
Scent Synthesizer And E-Nose Product Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
Based on Geography, the Global Scent Synthesizer And E-Nose Product Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share in the market will be dominated by North America owing to the presence of a large number of top industry players in this region.
Key Players In Scent Synthesizer And E-Nose Product Market
The “Global Scent Synthesizer And E-Nose Product Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Alpha MOS (France), Airsense Analytics (Germany), Odotech (Canada), Owlstone Medical (UK), Scentee (Japan), Food Sniffer (USA), Electronics Sensor (USA), eNose Company (Netherlands), Sensigent (USA), Scentrealm (China), Olorama Technology (Spain), Aryballe Technologies (France), TellSpec (Canada), Sensorwake (France), and RoboScientific (UK).
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Global Scent Synthesizer And E-Nose Product Market Report Scope
REPORT ATTRIBUTES
DETAILS
Study Period
2017-2028
Base Year
2020
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value(USD Billion)
Key Companies Profiled
Alpha MOS (France), Airsense Analytics (Germany), Odotech (Canada), Owlstone Medical (UK), Scentee (Japan), Food Sniffer (USA), Electronics Sensor (USA), and eNose Company (Netherlands)
Segments Covered
By Product
By Application
By Geography
Customization scope
Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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