Electronic nose market

Electronic Nose Market, by Technology ( Metal Oxide Semi-Conductor Sensors(MOS), Quartz Crystal Microbalance(QCM), Conducting Polymers(QP), and Others), by End User ( Food and Beverages Industry, Environmental Monitoring, Healthcare, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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Jul 2022
CMI1723
129 Pages
Excel & Pdf
Semiconductors

Summary

An electronic nose is a device used for sensing smell, odors, and fragrance of the surrounding. This device consists of electronic sensing, which is used for comparison, identification, quantification, and even data storage and recovery. Electronic noses comprises three primary elements: a delivery system, a discovery system, and a calculating system. These electronic nose offers commercial advantages over the human equivalent. For example, for companies handling large-scale production activities, it is not logistically possible to track freshness, quality, and cleanliness of each product by means of human sensing. In these cases, e-nose helps to ascertain if the goods meet quality standards.

Recent Developments:

In February 2022, SmartNanotubes Technologies, a German startup technology company developed the world’s first micro power multi-channel gas detector chip. It senses multiple gases and volatile organic compounds suitable for applications such as environmental, home, and security.
In November 2020, scientists at NTU Singapore Nanyang Technological University invented an artificial olfactory system that imitates the mammalian nose to find the freshness of meat.

Growing concern for health is one of the major driving factors for growth of the market. Thus, demand for e-nose is expected to increase for application in the food and beverages (F&B) industry, in order to improve the quality of the foods, which in turn helps in decreasing diseases caused by food contamination. For instance, according to the Centers for Disease Control and Prevention (CDC), each year 48 million people get sick from food borne diseases in which 3,000 die every year. This electronic nose consist of sensors, which have ability to determine presence or absence of contaminants and related chemicals. Therefore, this electronic nose is used throughout food manufacturing process in order to maintain the quality of food. Hence, this factor helps in propelling growth of the market. Moreover, it is used by food inspectors, in order to identify freshness of the food products and it also helps in separating spoilt food from fresh food. Thus, this is expected to aid food and quality inspectors to provide certification to food manufacturers after checking the quality of food.

Restraint:

Major factor hampering growth of the market is the cost of electronic nose, which is very high. Owing to high prices of sensors incorporated in electronic nose, cost of the total product is high. Moreover, once the sensors get damaged, the cost of replacement is also high. This factor is expected to negatively affect growth of the market.

Global Electronic Nose Market- Impact of Coronavirus (Covid-19) Pandemic

Covid-19 has severely disrupted the countries across the globe in terms of economy and health issue. It had a severe effect on businesses, trade and public health across the globe. Electronic nose technology proved helpful in the covid-19 as robot with sensing technology helped regulate their surroundings without making physical contact. Hence, the electronic nose market gained traction in covid-19 and were used in food and beverage industries to detect odor and maintain quality of food products.

Asia Pacific region held a dominant position in the Global Electronic Nose Market in 2021

Statistics:

Asia Pacific held a dominant position in the global electronic nose market in 2021, followed by North America

Electronic Nose Market Report Coverage

Report Coverage	Details
Base Year:	2021	Market Size in 2021:	US$ 23.68 Mn
Historical Data for:	2017 to 2020	Forecast Period:	2022 to 2030
Forecast Period 2022 to 2030 CAGR:	12.8 %	2030 Value Projection:	US$ 67.21 Mn
Geographies covered :	North America: U.S. and Canada Latin America: Brazil, Argentina, Mexico, and Rest of Latin America Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:	By Technology: Metal Oxide Semi-Conductor Sensors(MOS), Quartz Crystal Microbalance(QCM), Conducting Polymers(QP), Others By End User:: Food and Beverages Industry, Environmental Monitoring, Healthcare, Others
Companies covered :	Alpha MOS, E-Nose Pty, The E-nose Company, Electronic Sensor technology, Scent Science Corporation, Airsense Analytics GmbH, Scentsational Technologies, Scensive Technology, Envirosuite Limited, RoboScientific Ltd., Chromatotec and Intelligent Optical Systems, Inc.
Growth Drivers:	Increased adoption in the food and beverage industry Stringent regulations by government to improve the working environment in industries
Restraints & Challenges:	High cost of electronic nose

Figure 1: Global Electronic Nose Market Share (%), By Region, 2021

Asia Pacific held a dominant position in the global electronic nose market in 2021 and is expected to maintain its dominance during the forecast period. The food and beverage industry is growing exponentially in the Asia Pacific region. The Metal Oxide Semi-Conductor Sensors (MOS) are widely used in the food and beverage industry for food analysis. MOS sensors are preferred due to its high sensitivity to chemicals in a wide range of VOCs (Volatile Organic Compounds), reproducibility, and reliability.

North America is expected to gain traction in the global electronic nose market in the forecast period. To increase the customer base and achieve a competitive advantage, the top manufacturers in North America such as RoboScientific, ALPHA MOS and others are working to downsize electronic noses through research and development (R&D) operations. The aim is to develop a portable, cost-efficient, and compact, electronic nose to provide accurate result and meet the market requirement. This is driving the market growth of the global electronic nose market in the North America region.

Environmental monitoring segment is expected to drive the Global Lead Acid Battery during the fore,cast period

Among end user, the environmental monitoring segment accounted the largest share with 34.6% in the global electronic nose market in 2021 and is expected to retain its dominance over the forecast period. This is owing to increasing air pollutants, which leads to increasing health issues. For instance, according to the World Health Organization (WHO), in 2021, 7 million premature deaths due air pollution, globally. Thus, in order to control the effect of harmful pollutants in the environment, an electronic nose is used. This factor help in propelling growth of the segment.

Figure 2: Global Electronic Nose Market Value (US$ Mn) Analysis and Forecast, 2017 - 2030

The global electronic nose market was valued at US$ 23.68 Mn in 2021 and is expected to reach US$ 67.21 Mn by 2030, growing at a CAGR of 12.8% between 2022 and 2030.

Major players operating in the global electronic nose market include Alpha MOS, E-Nose Pty, The E-nose Company, Electronic Sensor technology, Scent Science Corporation, Airsense Analytics GmbH, Scentsational Technologies, Scensive Technology, Envirosuite Limited, RoboScientific Ltd., Chromatotec, and Intelligent Optical Systems, Inc.

Table of Content

Table of Contents

*Browse 60 market data tables and 40 figures on "Global Electronic Nose Market - forecast to 2030”.

Segmentation

Detailed Segmentation

- Frequently Asked Questions -

What is the expected market size of the global electronic nose market in 2030?

The global electronic nose market is expected to reach US$ 67.21 Million by 2030.

What is the expected compound annual growth rate (CAGR) of the market during the forecast period (2022-2030)?

The market is expected to witness a CAGR of 12.8% during the forecast period (2022-2030).

What is the primary factor contributing to the growth of the market?

Rising demand for electronic noses in food and beverage industry is expected to boost the growth of the market.

Based on end user which segment held the largest market share in the market in 2021?

Environmental monitoring held the largest market share among the end user in 2021.

Which region held the largest market share in the market in 2021?

Asia Pacific held the largest share in the market in 2021, accounting for 32% share, in terms of value.

Who are the key players operating in the market?

Key players operating in the market include Alpha MOS, E-Nose Pty, The E-nose Company, Electronic Sensor technology, Scent Science Corporation, Airsense Analytics GmbH, Scentsational Technologies, Scensive Technology, Envirosuite Limited, RoboScientific Ltd., Chromatotec, and Intelligent Optical Systems, Inc.