Press release
Electronic Nose Market Size Forecasted To Achieve $170.11 Billion By 2029 With Steady Growth
Electronic Nose Market Size
What Is the Electronic Nose Market Size and Projected Growth Rate?
In recent years, there has been a substantial expansion in the electronic nose market. The market size is projected to rise from $26.98 billion in 2024 to $30.86 billion in 2025, with a compound annual growth rate (CAGR) of 14.4%. The past growth can be linked to growing consciousness environmental monitoring and pollution control, an intensified focus on food safety and quality control, the growing demand for e-nose sensing devices, a spike in sensor usage, and an increased demand for electronic noses for monitoring air quality and controlling pollution.
The market size for electronic noses is predicted to experience a significant boost in the forthcoming years, reaching a whopping $52.32 billion in 2029 with a compound annual growth rate (CAGR) of 14.1%. This surge in the predicted timeframe can be linked to rising awareness regarding environmental pollution and an intensified focus on environmental surveillance. The increasing potential for e-noses usage in verifying food authenticity, the mounting need for pollution monitoring, expanded environmental monitoring, and odor management also contribute to this growth. The future trends include the role of research institutions and technological innovation, AI and e-nose technology, e-nose methodologies, pioneering electronic nose (e-nose) technology, and sophisticated detection technologies.
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What Are the Major Segments in the Electronic Nose Market?
The electronic nose market covered in this report is segmented -
1) By Type: Embedded Sensors, Portable Devices
2) By Technology: Metal Oxide Semi-Conductor Sensors (MOS), Quartz Crystal Microbalance (QCM), Conducting Polymers (CP), Surface acoustic wave (SAW), Other Technologies
3) By Application: Food And Beverage, Healthcare, Environmental Monitoring, Security and Defense, Other Applications
4) By End User: Industrial, Commercial, Residential
Subsegments:
1) By Embedded Sensors: Metal Oxide Sensors, Conducting Polymer Sensors, Quartz Crystal Microbalance (QCM) Sensors, Optical Sensors, Surface Acoustic Wave (SAW) Sensors, Electrochemical Sensors
2) By Portable Devices: Handheld Devices, Wearable Devices, Smartphone-integrated Devices, Battery-operated Portable Sensors
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What Are The Driving Electronic Nose Market Evolution?
The upswing in the automotive industry is projected to significantly spur the development of the electronic nose market. This industry represents the economic sector focused on the design, creation, manufacturing, promotion, and sale of motor vehicles, such as cars, trucks, motorcycles and their parts. This industry's expansion is fueled by the rising demand for electric vehicles (EVs) and the enlargement of international markets. The preference for electric vehicles is escalating due to growing environmental issues and governmental pressures for more environmentally friendly transport alternatives. Electronic noses are employed in the automotive industry to detect and examine smells, improve the quality of cabin air, detect material off-gassing, and aid in manufacturing quality control. For example, the European Automobile Manufacturers' Association, a Belgium-based vehicle industry association, reported in March 2024 that the automotive market in the European Union saw considerable growth in 2023. It grew by 13.9% in comparison to 2022, with total sales hitting 10.5 million units. Thus, the proliferation of the automotive industry is expected to be a significant driver for the electronic nose market.
Which Firms Dominate The Electronic Nose Market Segments?
Major companies operating in the electronic nose market are Syrma SGS Technology Ltd., Envirosuite Limited, Owlstone Medical Ltd., IDES Canada Inc., AromaScan Ltd., Airsense Analytics GmbH, Odotech Inc., InfraTec GmbH, FlavorActiV, Alpha MOS SA, Plasmion GmbH, MYDX Inc., Aryballe Technologies SA, Stratuscent Inc., Chromatotech Inc., Voler Systems LLC, Ionicon Analytik GmbH, The eNose Company, Sensigent LLC, Ajinomatrix Pte. Ltd.
What Trends Are Expected to Dominate the Electronic Nose Market in the Next 5 Years?
Firms heavily invested in the electronic nose industry are doubling down on integrating sensor-focused applications such as commercial metal semiconductor oxide sensors. These sensors are seen to improve detection precision, increase sensitivity, and broaden potential uses in diverse sectors. Commercial metal semiconductor oxide (MOS) sensors are essentially gas sensors that detect and assess volatile compounds by noting the changes in electrical resistance when their interaction occurs with metal oxide materials. For example, in January 2024, The Department of Electrical Engineering at the National Kaohsiung University of Science and Technology, a well-known technical university in Taiwan, created an electronic nose (e-nose) that could identify the scent of coffee with accuracy levels reaching 98%. The instrument employed eight commercial metal semiconductor oxide sensors to identify particular gases linked to aroma. These sensors inspected host varieties of roasted and brewed coffee from wide-ranging origins. A data evaluation was then performed by an AI algorithm. This advancement aids in the classification of coffee based on the detection of aroma.
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Which Is The Largest Region In The Electronic Nose Market?
North America was the largest region in the electronic nose market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic nose market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electronic Nose Market?
2. What is the CAGR expected in the Electronic Nose Market?
3. What Are the Key Innovations Transforming the Electronic Nose Industry?
4. Which Region Is Leading the Electronic Nose Market?
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