Product Code: CMI1723
Global electronic nose market is estimated to be valued at US$ 26.04 Bn in 2024 and is expected to reach US$ 65.79 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 26.04 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
14.20% |
2031 Value Projection: |
US$ 65.79 Bn |
Figure. Electronic Nose Market Share (%), By Region, 2024
An electronic nose is an intelligent sensing device that can detect and identify different odors and volatile organic compounds in a complex sample. It often consists of an array of gas sensors with partial specificity and an appropriate pattern recognition system such as principal component analysis. The development of electronic noses has resulted from the convergence of microtechnologies in sensing, preconcentration and selective detection. When coupled with intelligent data processing, an electronic nose is able to rapidly analyze and quantify components of odors in diverse environments. Increasing applications of electronic noses across food & beverage, environmental monitoring, healthcare, and other industries can drive the growth of market during the forecast period.
Market Dynamics:
The key factors driving the growth of global electronic nose market include rising food safety concerns, stringent regulations regarding safety and quality control of food products, environmental monitoring applications, growing healthcare and medical industries. Moreover, surging demand for quality inspection and process monitoring in various sectors has fuelled the adoption of electronic noses globally. However, high costs associated with electronic nose systems and lack of standardized sensor platform are projected to hamper the market growth. Meanwhile, ongoing R&D activities to enhance sensor capabilities and integration of AI for improved data processing represents major opportunities for market players.
Key features of the study:
This report provides in-depth analysis of the global electronic nose market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global electronic nose market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Alpha MOS, SciSens, Odotech, eNose Company, AromaBit, Sensigent, G.A.S. Gesellschaft fur analytische Sensorsysteme mbH, Robosense, Nanosensors, The Good Food Institute (GFI), Kiiroo, Neotronics, Scentia, Interscience, and Flavorman
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global electronic nose market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electronic nose market
Detailed Segmentation-
- Technology Insights (Revenue, US$ Bn, 2019 - 2031)
- Metal-Oxide Sensors
- Conducting Polymers
- Quartz Crystal Microbalance
- Others
- Application Insights (Revenue, US$ Bn, 2019 - 2031)
- Food and Beverage
- Healthcare
- Environmental Monitoring
- Security and Defense
- Others
- End User Insights (Revenue, US$ Bn, 2019 - 2031)
- Industrial
- Commercial
- Residential
- Regional Insights (Revenue, US$ Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Alpha MOS
- SciSens
- Odotech
- eNose Company
- AromaBit
- Sensigent
- A.S. Gesellschaft fur analytische Sensorsysteme mbH
- Robosense
- Nanosensors
- The Good Food Institute (GFI)
- Kiiroo
- Neotronics
- Scentia
- Interscience
- Flavorman
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Technology
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Electronic Nose Market, By Technology, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Metal-Oxide Sensors
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Conducting Polymers
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Quartz Crystal Microbalance
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
5. Global Electronic Nose Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Food and Beverage
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Healthcare
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Environmental Monitoring
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Security and Defense
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
6. Global Electronic Nose Market, By End User, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Industrial
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Commercial
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Residential
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
7. Global Electronic Nose Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- North America
- Regional Trends
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Europe
- Regional Trends
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- Regional Trends
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Israel
- GCC Countries
- Rest of the Middle East
- Africa
- Regional Trends
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Company Profiles
- Alpha MOS
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SciSens
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Odotech
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- eNose Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- AromaBit
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Sensigent
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- A.S. Gesellschaft fur analytische Sensorsysteme mbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Robosense
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Nanosensors
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- The Good Food Institute (GFI)
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Kiiroo
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Neotronics
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Scentia
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Interscience
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Flavorman
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Research Methodology
- References
- Research Methodology
- About us and Sales Contact