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World Digital Scent Technology Market - Opportunities and Forecast, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773469
Digital scent technology is a technology to sense, transmit and receive scent-enabled digital media such as web pages, movies & music. The technology uses hardware devices consisting of gas sensors such as e-nose and scent synthesizer, which help in sensing and generating different types of smells.

Demand for e-nose application for diagnosis in medical segment is one of the key factors driving the growth of world digital scent technology. The availability of cost-effective explosive detectors in military & defense segment along with the exorbitant price of digital scent technology are the major factors restraining the growth of market across the globe. Some major market challenges for the application of digital scent technology include use of toxic chemicals which can damage human health and the unpredictable air flow which affects the functioning of technology. Digital scent technology foresees significant opportunities in defense sector owing to the numerous applications of e-nose. E-noses have widespread applications in areas such as healthcare, military & defense, and F&B.

The world digital scent technology market has been segmented on the basis of hardware device, end-user, end-product, and geography. The hardware device is further segmented into e-nose and scent synthesizer. The end-product segment is segmented into mobile phone, music & video game, smelling screen, quality control product, explosives detector, and medical diagnostics product among others. This technology finds applications in number of end-user verticals such as food & beverage, education, entertainment, healthcare, marketing, communication, and military & defense among others. On the basis of geography, the market is segmented into regions such as Europe, APAC, North America, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS:

The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of digital scent technology market
The report offers an overview of changing market dynamics in terms of fast turn-around analysis of stakeholders responses to recent industry policy changes and market trends
The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis
This report entails the detailed quantitative analysis of the current market and estimations through 2014-2020, which assists in identifying the prevailing market opportunities
The report analyses the top impacting factors in detail and offers adoption rate analysis of digital scent technology on the basis of different segment across different countries
The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors

DIGITAL SCENT TECHNOLOGY MARKET SEGMENTS:

World Digital Scent Technology Market - By Hardware

e-nose
Scent Synthesizer

World Digital Scent Technology Market - By End-product

Mobile Phone
Smelling Screen
Music & Video Game
Explosives Detector
Quality Control Product
Medical Diagnostics Product
Others

World Digital Scent Technology Market By End-user

Food & Beverage
Education
Entertainment
Healthcare
Marketing
Communication
Military & Defense
Others

World Digital Scent Technology Market By Geography

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

KEY PLAYERS

Electronics Sensor Technology
ScentSational Technologies LLC
Smiths Detection Inc.
Scent Sciences Corporation
Airsense Analytics GmbH
Alpha MOS SA
The Enose Company
Scentcom Ltd.
AMS AG

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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