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Electronic Nose Market Size Forecasted To Achieve 170.1 Billion By 2029 With Steady Growth
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Electronic Nose Market Size and Projected Growth Rate?
In recent years, the market size of the electronic nose has undergone rapid expansion. Its growth, projected from $26.98 billion in 2024 to $30.86 billion in 2025, will occur at a compound annual growth rate (CAGR) of 14.4%. The historical growth can be linked to elevating consciousness about environmental tracking and pollution regulation, an intensifying emphasis on food quality and safety control, heightened demand for e-nose sensing gadgets, intensification in sensor usage, and an accelerated demand for electronic noses particularly in air quality supervision and pollution management.
Rapid expansion is predicted for the electronic nose market in the forthcoming years. Its size is projected to reach a value of $52.32 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 14.1%. The projected growth during the forecast period can be credited to the rising awareness of environmental pollution, heightened emphasis on environmental monitoring, expanded application of e-noses in verifying food authenticity, increased demand for pollution observation, escalation in environmental monitoring, and odor regulation. Notable trends during the forecast period include technological innovation and research institutions, inclusion of AI in e-nose technology, development of electronic nose (e-nose) technology, as well as innovative and advanced 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 surge in the automotive sector is predicted to boost the development of the electronic nose market in the future. The automotive sector pertains to the economic segment engaged in vehicle design, development, production, promotion, and sales - including cars, trucks, motorcycles, and their parts. The industry's expansion can be attributed to an increasing demand for Electric Vehicles (EVs) and the global market's broadening. As environmental worries intensify, and governments advocate for eco-friendly transit options, the desire for electric vehicles has seen an uptick. Electronic noses find usage in the automotive sector to discern and examine smells, improve in-car air quality, detect material off-gassing, and aid in manufacturing quality control. For example, as per the European Automobile Manufacturers' Association, a Belgium-located vehicle industry association, the European Union's automotive market exhibited robust growth in 2023, growing 13.9% from 2022, with comprehensive sales hitting 10.5 million units. Thus, the automotive industry's expansion will fuel 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?
Prominent firms in the electronic nose market are concentrating their efforts on adopting sensor-based applications such as commercial metal semiconductor oxide sensors. This focus aims to boost precision in detection, increase sensitivity, and broaden their use across diverse industries. Commercial metal semiconductor oxide (MOS) sensors are utilized as gas detectors which recognize and examine volatile compounds through measurement of electrical resistance changes when gases come in contact with metal oxide materials. For example, in January 2024, National Kaohsiung University of Science and Technology's Department of Electrical Engineering, based in Taiwan, innovated an electronic nose (e-nose) that could identify coffee odors with an accuracy rate of 98%. The gadget was composed of eight commercial metal semiconductor oxide sensors developed to detect unique gases associated with aroma. The sensors scrutinized various kinds of roasted and brewed coffee from different sources and locales. The gathered data was subsequently processed by an AI algorithm to refine coffee classification via the identification of scents.
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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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