E-Nose (Electronic Nose) Market Size, Share & Industry Analysis 2030

Electronic Nose (E-Nose) Market Scope and Growth Factors -

The SNS Insider report indicates that the Electronic Nose (E-Nose) Market was valued at USD 32.82 million in 2022, and it is projected to achieve a market size of USD 325.22 million by 2030, with a compound annual growth rate (CAGR) of 33.2% expected over the forecast period from 2023 to 2030.

The security and criminal industries are also exhibiting demand for e-nose products. Detecting hidden bombs in luggage, mail, cars, and airplanes is a problem for law enforcement agencies worldwide due to the rise in international terrorism and the increased use of explosives in terrorist attacks. E-nose instruments are used in the military and defense industry to identify explosives, chemical agents, and other dangerous substances. They are also used for reconnaissance and surveillance as well as environmental monitoring at training grounds and military installations.

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Key Players Covered in Electronic Nose (E-Nose) market report are:

Alpha MOS, Airsense, Odotech, Sensigent, Aryballe Technologies, Plasmion GmbH, The eNose Company, Electronic Sensor Technology, Brechbuehler, Scensive Technology and Other Players.

A major factor in its use in medical applications is the growing significance of biomedical needs. Consequently, several companies that had previously created electronic nose technologies for a range of industrial uses have switched a significant they devote a portion of their development and research efforts to biomedical uses. All of these elements are supporting the global market expansion for electronic noses.

Segmentation Analysis -

The rapidly expanding fields of environmental monitoring, crime and security, food and beverage, and health and security are among the end-users of the e-nose. The crime and security industry are expected to increase its demand for portable electronic noses that can deliver precise results in an open-air setting. Another factor is the growth of the food and beverage sector, particularly with regard to packaged and chilled foods. This market is split up geographically into Asia Pacific, North America, Europe, the Middle East, and Africa. This market, which is expected to grow steadily as well, is dominated by North America. The growth of the production industry in Asia Pacific has created a large potential market.

Electronic Nose (E-Nose) Market Segmentation as Follows:

BY TYPE
MOS
CP
QCM

BY APPLICATION
Military and Defense
Healthcare
Food and Beverage
Waste Management

Segmented by Region/Country:
North America
Europe
China
Japan
Asia Other

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Key Regional Development -

North America accounts for a sizable portion of the market under investigation because of established infrastructure and resource accessibility, which have facilitated the use of e-nose technology in industries like healthcare, defense, and food and drink, to name a few. There is also a sizable, heavily regulated food and beverage industry in the region. This presents a significant growth opportunity for e-nose technology. For example, the US Census Bureau reports that in December 2022, food and beverage stores in the US had monthly retail sales of USD 88.43 billion, up from USD 82.14 billion in November 2022.

Key Takeaway from Power Electronics Market -

An electronic nose, or e-nose, is a device that can detect flavor and odor in place of the human sense of smell. Electronic sensing is used by this gadget to compare, identify, quantify, and even store and retrieve data. Three main components make up an electronic nose: a calculating system, a discovery system, and a delivery system. Currently, industries use gas chromatographs and human experts to conduct tests to determine the flavors and aromas of products while they are being produced.

Recent Developments Related to Power Electronics Market-

- In February 2022, the world's first micro-power multi-channel gas detector chip was created by German startup SmartNanotubes Technologies. It detects a variety of gases and volatile organic compounds that are appropriate for use in home, security, and environmental applications.

Table of Content - Analysis of Key Points

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 forces model
7. PEST Analysis
8. Electronic Nose (E-Nose) Market Segmentation, By Type
9. Electronic Nose (E-Nose) Market Segmentation, By Application
10. Regional Analysis
11. Company Profiles
12. Competitive Landscape
13. Conclusion

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This release was published on openPR.