Press release
Digital Scent Technology Market 2018 Global Leaders: Smiths Detection, Scent Sciences, Alpha MOS SA, Electronics Sensor Technology, ScentSational Technologies, Scentcom, Vapor Communications
Market Scenario
After enhancements in the virtual reality experience, the digital sense technology is targeting the nose. Digital scent technology makes use of hardware devices in order to sense and generate different types of smells. Products like e-nose and scent synthesizer are used to sense, receive or transmit smell through a digital medium.
Smiths Detection Inc., Scent Sciences Corporation, ams AG, Alpha MOS SA, Electronics Sensor Technology, and ScentSational Technologies LLC are a few major players in the global Digital Scent Technology Market. A lot of companies are investing in the digital scent technology market. Also, application of e-nose in the security and military sectors is another factor that will help in driving the growth of digital scent market. Rising adoption of smart devices is another major factor driving the growth of digital scent technology market. Also, growing demand for quality assessmnets with the help of e-nose and scent synthesizers is set to drive the growth of the digital scent technology market.
The product segment in the digital scent technology market comprises of mobile phone, smelling screen, music and video game, explosives detector, quality control product, medical diagnostic product, and others. The quality control product sub-segment of the global digital scent technology market is expected to grow at a significant rate during the forecast period. This is owing to the increasing demand for e-nose based quality assessment techniques for raw material which help in saving the wastage of food and also help in improving its quality. Also, the growing trend of adoption of digital devices such as smartphones is one major factor driving the growth of digital scent technology market.
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The North American region holds the largest share of the market across the globe followed by Europe, and Asia Pacific region. The U.S. and Canada are dominating the North America market due to rising technological enhancements and growing adoption of artificial intelligence in the region. Moreover, the region has a well-established infrastructure, which allows faster implementation of advanced technologies. Additionally, the growing adoption of smart grid deployment is another major factor driving the growth of digital scent technology market in the region.
The global digital scent technology market is expected to grow at a CAGR of approximately 30% during the forecast period 2017-2023.
Digital Scent Technology Market Segmentation
The global digital scent technology market is segmented on the basis of product, hardware, and end user. However, the hardware segment is classified into e-nose and scent synthesizer. The e-nose segment comprises of optical fiber sensor, piezoelectric sensor, polymer sensor and mosfet sensor. Whereas, the scent synthesizer comprises of cartridge. Increasing demand for implementation of digital scent technology across different industry verticals is driving the growth of digital scent technology market. This is owing to the efficiency being offered by e-nose that helps in providing quality assessment techniques.
Market Research Analysis
North America is estimated to account for the largest share of the market, whereas the Europe market is poised to grow at the highest rate during the forecast period. North America region is witnessing rapid growth owing to the advancements in technology and rise in applications of e-nose in the security and military sectors in this region. The U.S. holds the majority of market share both in terms of revenue as well as owing to the increased demand for digital scent technology.
Key Players:
Some of the prominent players in the global digital scent technology market are Smiths Detection Inc. (U.S.), Scent Sciences Corporation (U.S.), ams AG (Austria), Alpha MOS SA (France), Electronics Sensor Technology (U.S.), ScentSational Technologies LLC (U.S.), Scentcom Ltd. (Israel), AIRSENSE Analytics GmbH (Germany), Vapor Communications (U.S.), and The eNose Company (the Netherlands).
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Intended Audience
• Technology Investors
• Research/Consultancy firms
• Consulting service providers
• Technology Providers
• System integrators
• Clinical Diagnostic Centers
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