Technology market

Global Digital Scent Technology Market Share is Expected to Grow to $1.92 Billion by 2028, at a CAGR of 9.1%: Polaris Market Research

According to the research report, the global Digital Scent Technology market size and share was valued at USD 996.6 Million in 2020 and is projected to reach USD 1.92 Billion by 2028, growing at a CAGR of 9 .1% over the forecast period.

According to the research report, the world Digital Scent Technology Market Size and Share was valued at USD 996.6 million in 2020 and is expected to reach USD 1.92 billion by 2028, to grow at a CAGR of 9.1% during the forecast period.

Digital scent technology is the engineering topic that deals with olfactory representation. It is a technology for detecting, transmitting and receiving fragrant digital media such as video games, motion pictures, extended reality and virtual reality. The sensing part of this technology works by using olfactometers and electronic noses. The current modern progression of nanotechnology and biotechnology allows digital fragrance technology to help various industrial sectors along with the nanotechnology, medical technology, entertainment, and fashion sectors. This application is possible because perfumers use this technology on an emotional, neurological and psychological level.

Using digital scent technology, it can digitally detect, transmit, reproduce, and retrieve flavors, smells, and fragrances via the Internet, smell burning tires in racing games, smell scent online, and send electronic cards to from authorized websites. Things can be detected using a USB-powered device meant to flush out the right smells at the right times. This technology helps create characters and provides emotional intelligence of reality.

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Important Questions Answered by the Market Report

  • What is the size and growth of the market?
  • What are the major recent trends impacting product lifecycle and ROI?
  • What official rage shapes strategies at the corporate, business and functional levels?
  • What micromarketing imagination of leading players will usher in investments?
  • What can be the skeleton and instruments above all for PESTLE analysis?
  • Which region will see growth in new opportunities?

Major Market Players in Digital Scent Technology Market are:

  • Alpha MOS SA (France)
  • Detection Smiths (USA)
  • Ams AG (Austria)
  • centSational Technologies (USA)
  • AIRSENSE Analytics GmbH (Germany)

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Digital Scent Technology Market: Key Growth Drivers

The latest implementation of e-nose technologies has emerged due to the progression of material improvements, sensor design, software transformation, and advancements in microcircuit design and system integrations. The creation of several new electronic nose arrays and sensor types dependent on contrasting sensing principles and mechanisms is associated with the expansion of new applications. Electronic noses have been beneficial in agriculture, commercial industries, cosmetics, biomedical, manufacturing, food, environment, and pharmaceuticals.

The demand for electronic noses is increasing due to inconsistency detection and pattern recognition. The electronic nose determines alterations in the composition of the air, which maintains the probability of recognizing the risk of odor inconveniences and other gas-related risks. The electronic nose will warn of unstable air conditions by inserting alert levels. E-noses generate signal patterns that match the exposed gas mixture. He ventures to gauge the nature of the gas which caused an unusual composition of the air.

The spread of covid-19 has had an impact on the development of several industries around the world. Manufacturing of raw materials, logistics, and many other much-needed industrial operations are halted in growing industrial regions. These factors have impacted the growth of the digital fragrance technology market.

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Digital Scent Technology Market: Report Scope

Report attribute

Details

Market Size Value 2020

$996.6 million

Market Outlook for 2028

$1.92 billion

Expected CAGR Growth

9.1% from 2021 to 2028

Year of reference

2021

Forecast period

2021 – 2028

Segments Covered

By Hardware Device, By Application, By End Use, By Region

Key companies

AIRSENSE Analytics GmbH (Germany), Smiths Detection (USA), Alpha MOS SA (France), AMS AG (Austria), ScentSational Technologies (USA)

Regional scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Personalization options

Custom purchase options are available to meet your research needs.

Digital Scent Technology Market: Key Segmentation

  • Overview by hardware device, application, end use and region

Electronic nose is the leading segment of hardware devices due to its use in various industries including defense, military, food, beverage, and healthcare. Unbroken technological advancement and falling cost of electronic noses are the major factors driving the growth of electronic noses. By application, the medical segment holds the largest share owing to the growing use of digital scent technologies in medical diagnostics, hospital treatment, and metabolic disorders. By end use, digital fragrance technology dominates the market as its presence in medical, food and beverage, marketing and medical applications has increased the popularity of smartphones.

By region, North America held the largest digital scent technology market share. It is expected to continue dominating the market over the forecast period owing to several prominent players in the region. Major factors fueling the growth of the market are increasing acquisition of intensified digital services by customers, use of biosensors for early disease detection, harsh official environment in the context of indoor air quality in the United States and the incredible progress of the electronic nose in applications in the agricultural and medical industries.

Browse all “Digital Scent Technology Market Share, Size, Trends, Industry Analysis Report, By Hardware Devices (Electronic Nose, Scent Synthesizer); By end use (military and defense, medical, marketing, environmental monitoring, entertainment, other); By application; By Regions; Sector forecasts, 2021 – 2028 » Report to https://www.polarismarketresearch.com/industry-analysis/digital-scent-technology-market

Report Highlights

  • Comprehensive Research Methodology of Global Digital Scent Technology Market
  • An in-depth and important overview of the market with information from the critical analyst
  • Global analysis of macro and micro factors impacted by the market and guided by meaningful recommendations
  • Inspection of regulations that are regional and government policies influencing the global Digital Scent Technology market
  • Perception of market determinants that restore the market
  • In-depth and substantial market segments with forecasted revenue regional breakdown

The market mainly depends on the hardware device, application, end use and region

Digital Scent Technology Market: By Hardware Device

Digital Scent Technology Market: By Application

  • smartphones
  • Scent screens
  • Music and video games
  • Explosives detectors
  • Hardware quality control devices
  • Medical diagnostic equipment devices
  • Others

Digital Scent Technology Market: By End Use

  • Military & Defense
  • Medical
  • Marketing
  • Environmental monitoring
  • Entertainment
  • Others

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