Press release
Digital Olfactory Technology Market is Growing at a CAGR of 38.0% During 2019-2025: Market Players (Alpha MOS, Airsense Analytics, Odotech, Owlstone Medical, Scentee, Food Sniffer, Electronics Sensor, eNose Company, Sensigent, Scentrealm)
Digital Olfactory technology Market 2019
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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.
In the past few years, the olfactory technology product is expected to grow at a CAGR of 38.05% from 74.02 million USD in 2017 to reach 97.67million USD by 2025 in global market. The olfactory technology product market is a promising market; the revenue of top ten manufacturers accounts about 38.78% of the total revenue in 2017. The high-end products mainly come from USA and Europe.
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The global Digital Olfactory technology market is valued at 74 million US$ in 2018 is expected to reach 970 million US$ by the end of 2025, growing at a CAGR of 38.0% during 2019-2025.
This report focuses on Digital Olfactory technology volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Olfactory technology market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
TOP PLAYERS of Digital Olfactory technology Market: 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), RoboScientific (UK)
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Market Overview: The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the olfactory technology product market to approach these areas. QYR analysis of the olfactory technology product market indicated that Europe and North America would account for the highest sales in 2025 with close to 76 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China and Japan, and are working towards penetrating this market by strengthening their sales and distribution networks.
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analysed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report focuses on global major leading Digital Olfactory technology Industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.
Segment by Type
• E-nose
• Scent synthesizer
Segment by Application
• Entertainment
• Healthcare
• Food & Beverage
• Environment
• Other
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