Market Overview:
The global digital olfactory technology market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for digital olfactory technology in various applications such as entertainment, healthcare, food and beverage, environment, and other applications. Additionally, the growing awareness about the benefits of using digital olfactory technology is also contributing to the growth of this market.
Product Definition:
Digital Olfactory technology is the process of capturing, transmitting and reproducing the sense of smell. It is important because it can be used to create artificial scents, which can be used for a variety of purposes such as marketing or aromatherapy.
E-nose:
E-nose is Electronic Nose technology. It's used to detect and identify molecules in the air by measuring electrical signals generated by olfactory sensors. E-nose uses a computer to analyze the data collected by the sensor, which is then compared with a database of known substances for identification and classification.
Scent synthesizer:
Scent synthesizer is a device that simulates natural odor. It creates artificial scents by mixing various chemicals and molecules. These devices are widely used in commercial spaces such as offices, malls, hotels, etc., to create an ambiance of desired type. The technology has evolved over the years and now includes advanced features such as heaters that can warm up air with the aroma of your choice or cold air mode that cools down the room after using it.
Application Insights:
The entertainment segment dominated the global digital olfactory technology market in 2017. The use of DOO is increasing significantly in films, theatre and other performances to enhance the experience for audiences. Furthermore, this technology can be used to create a virtual environment that can stimulate human senses and help users experience real life like situations. This application is expected to witness significant growth over the forecast period owing to its wide applications across various industries such as food & beverage, healthcare, hospitality services among others.
The healthcare segment was valued at USD 175 million in 2017 due to its wide applications across various medical fields such as aromatherapy massage techniques for patients with chronic pains or illnesses; anxiety disorders; depression treatment; digestive health issues including gas and bloating; skin conditions including eczema or psoriasis using essential oils derived from plants etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of digital olfactory technology providers and high adoption rate. The region is expected to maintain its dominance over the forecast period, with U.S. being at the forefront.
Asia Pacific region is projected to witness significant growth over the forecast period owing to increasing disposable income levels, coupled with growing consumer awareness regarding new technologies such as digital olfactory technology among other emerging trends such as voice-enabled virtual assistants and smart home automation systems that are poised to transform customer experience across various industry verticals including healthcare, automotive, retail etc.
Growth Factors:
- Increasing demand for personalized products and services
- Rising awareness about the benefits of digital olfactory technology
- Growing number of applications for digital olfactory technology
- Advances in sensor and detection technologies
- Proliferation of smart devices and the internet of things
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Olfactory technology Market Research Report
By Type
E-nose, Scent synthesizer
By Application
Entertainment, Healthcare, Food and Beverage, Environment, Other
By Companies
Alpha MOS, Airsense Analytics, Odotech, Owlstone Medical, Scentee, Food Sniffer, Electronics Sensor, eNose Company, Sensigent, Scentrealm, Alpha MOS, Aryballe Technologies, TellSpec, Sensorwake, RoboScientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Digital Olfactory technology Market Report Segments:
The global Digital Olfactory technology market is segmented on the basis of:
Types
E-nose, Scent synthesizer
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Entertainment, Healthcare, Food and Beverage, Environment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alpha MOS
- Airsense Analytics
- Odotech
- Owlstone Medical
- Scentee
- Food Sniffer
- Electronics Sensor
- eNose Company
- Sensigent
- Scentrealm
- Alpha MOS
- Aryballe Technologies
- TellSpec
- Sensorwake
- RoboScientific
Highlights of The Digital Olfactory technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- E-nose
- Scent synthesizer
- By Application:
- Entertainment
- Healthcare
- Food and Beverage
- Environment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Olfactory technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital Olfactory technology is a process that uses digital sensors to capture and analyze smells. This information can then be used to create virtual odors, which can be used in research or marketing.
Some of the major players in the digital olfactory technology market are Alpha MOS, Airsense Analytics, Odotech, Owlstone Medical, Scentee, Food Sniffer, Electronics Sensor, eNose Company, Sensigent, Scentrealm, Alpha MOS, Aryballe Technologies, TellSpec, Sensorwake, RoboScientific.
The digital olfactory technology market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Olfactory technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Olfactory technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Olfactory technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Olfactory technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Olfactory technology Market Size & Forecast, 2020-2028
4.5.1 Digital Olfactory technology Market Size and Y-o-Y Growth
4.5.2 Digital Olfactory technology Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 E-nose
5.2.2 Scent synthesizer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Entertainment
6.2.2 Healthcare
6.2.3 Food and Beverage
6.2.4 Environment
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Olfactory technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Olfactory technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 E-nose
9.6.2 Scent synthesizer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Entertainment
9.10.2 Healthcare
9.10.3 Food and Beverage
9.10.4 Environment
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 E-nose
10.6.2 Scent synthesizer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Entertainment
10.10.2 Healthcare
10.10.3 Food and Beverage
10.10.4 Environment
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 E-nose
11.6.2 Scent synthesizer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Entertainment
11.10.2 Healthcare
11.10.3 Food and Beverage
11.10.4 Environment
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 E-nose
12.6.2 Scent synthesizer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Entertainment
12.10.2 Healthcare
12.10.3 Food and Beverage
12.10.4 Environment
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 E-nose
13.6.2 Scent synthesizer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Entertainment
13.10.2 Healthcare
13.10.3 Food and Beverage
13.10.4 Environment
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Olfactory technology Market: Competitive Dashboard
14.2 Global Digital Olfactory technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alpha MOS
14.3.2 Airsense Analytics
14.3.3 Odotech
14.3.4 Owlstone Medical
14.3.5 Scentee
14.3.6 Food Sniffer
14.3.7 Electronics Sensor
14.3.8 eNose Company
14.3.9 Sensigent
14.3.10 Scentrealm
14.3.11 Alpha MOS
14.3.12 Aryballe Technologies
14.3.13 TellSpec
14.3.14 Sensorwake
14.3.15 RoboScientific
