Digital Scent Technology Market Growing Technologies with Future Opportunities 2023: Smiths Detection, Electronics Sensor Technology, Scent Sciences Corporation
Digital scent technology (or olfactory technology) is the engineering discipline dealing with olfactory representation. It is a technology to sense, transmit and receive scent-enabled digital media (such as web pages, video games, movies and music). Digital Scent Technology Market is valued at $238.5 million in 2015 and is expected to reach $1350.2 million by 2022 growing at a CAGR of 28.1% from 2015 to 2022. The Digital Scent Technology market is anticipated to witness a significant growth over next five years. E-Nose Application and E-Nose Based quality assessment techniques are the crucial factors driving the market growth. However, high cost is restricting the growth of market. The challenges faced by the market are chemicals used for smell generation that may affect human health.
Major Key Players :
Smiths Detection Inc, Alpha MOS SA, Scentcom Ltd, Electronics Sensor Technology, Ams AG, Airsense Analytics GmbH, Scent Sciences Corporation, ScentSational Technologies LLC, Owlstone and Sensigent llc.
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North America accounted for the largest market share in the global market. However, Europe is anticipated to grow at a highest growth rate. Medical diagnostic products has witnessed largest market share in 2014 due to the rise in awareness regarding early detection of diseases by these products. These products find their application in healthcare sector. The market for explosive detectors is anticipated to witness the highest growth rate over the forecast period. Explosive detectors are primarily utilized in the military & defense, and security applications. Quality control products find their application in food & beverage industry for assessment of raw materials.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Digital Scent Technology Market, By Application
5.1 Introduction
5.2 Aerospace
5.3 Automotive
5.7 Other Applications
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 The eNose Company
10.2 Smiths Detection Inc.
10.3 Alpha MOS SA
10.4 Scentcom Ltd.
10.5 Electronics Sensor Technology
10.6 Ams AG
10.7 Airsense Analytics GmbH
10.8 Scent Sciences Corporation
10.9 ScentSational Technologies LLC
10.10 Owlstone
10.11 Sensigent llc
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Posted by
Rajat Sahni
on Wednesday December 05 2018, 1:21 AM EDT.
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