The global digital scent technology market size is expected to reach USD 1.92 billion by 2028 according to a new study by Polaris Market Research. The report “Digital Scent Technology Market Share, Size, Trends, Industry Analysis Report, By Hardware Devices (E-nose, Scent Synthesizer); By End-Use (Military & Defense, Medical, Marketing, Environmental Monitoring, Entertainment, Others); By Application; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market growth for digital scent technology is driven by advanced development in technology with increasing adoption in healthcare, defense, and food & beverages industries. Increasing IoT integration of digital scent technology with low-cost and transportable devices is expected to drive the market for digital scent technology progress over the forecast period.
E-nose hardware devices led the market for digital scent technology in the year 2020, owing to its expanding implementation in healthcare applications. It can be used for detecting disease in the early-stage and aids in medical analysis for better diagnosis which is anticipated to boost the market growth in the coming years.
Explosive detectors segment is projected to dominate the market over the forecast period attributing to its application in defense sector. It is used by police and the army to detect the bomb and safeguard the civilians.
Smelling screens have significant market growth capabilities over the coming years as eCommerce industries are working towards using scent synthesizers to enhance the shopping engagement for virtual customers.
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The market was dominated by North America in the year 2020, as several players exist in the region. The government has forced strict laws for interior air quality which is expected to intensify the market demand for environmental monitoring.
Advancing healthcare expenditure and implementation of new technology for diagnosis and treatment of crucial diseases are the key factors driving the market growth for digital scent technology in the North American region.
Prominent players operating in the market for digital scent technology are AIRSENSE Analytics GmbH (Germany), Smiths Detection (US), Alpha MOS SA (France), ams AG (Austria), ScentSational Technologies (US), etc.
Key players are focusing on R&D investment and innovation to compete with new market entrants in the digital scent technology industry. Ams AG invested in the development of a new imaging center of excellence in New York to develop the sensor which enabled consumer imaging expertise.
Polaris Market Research has segmented the digital scent technology market report on the basis of hardware devices, application, end-use, and region:
Digital Scent Technology, Hardware Device Outlook (Revenue – USD Million, 2016 – 2028)
- Scent Synthesizer
Digital Scent Technology, Application Outlook (Revenue – USD Million, 2016 – 2028)
- Smelling Screens
- Music & Video Games
- Explosives Detectors
- Quality Control Hardware Devices
- Medical Diagnostic Hardware Devices
Digital Scent Technology, End-Use Outlook (Revenue – USD Million, 2016 – 2028)
- Military & Defense
- Environmental Monitoring
Digital Scent Technology, by Regional Outlook (Revenue – USD Million, 2016 – 2028)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa