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Pulished Date February, 2020
ID: 9377
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Global Digital Scent Technology Market Report – Segmentation By Hardware devices (E-Nose & Scent Synthesizer), End-user (Marketing, Food & Beverage, Entertainment, Education, Healthcare, Communication & Military & Defense), Application (Mobile Phones, Music and Video Games, Quality Control Products, Odor Screens, Medical Diagnostic Products, Others) & Geography - Forecast to 2025

Pulished: February, 2020
ID: 9377
Pages: 170

Digital Scent Technology Market Size & Growth Analysis (2020 – 2025)

The global digital scent technology market was valued at $ 18.10 million in 2019 and is expected to reach $ 29.88 million in 2025, registering a CAGR of 10.50%, over the projection period 2020-2025.

Digital Scent technology includes end products such as mobile phones, scented screens, music and video games, explosives detectors, quality control products and medical diagnostic products, among others. It gives the user the advantage of smelling the product before purchasing it online. For example, a Californian company Digiscents Inc. has created a small device called iSmell, which has its controller and can be connected via a personal computer via serial ports.

Developments in virtual reality increase the expansion of the market for digital scent technology. Virtual reality improves the characteristics of computers by introducing new concepts, such as the smell of Digi, which is a combination of both hardware and software. The hardware part generates the odor, and the software part makes it possible to create specific signals for distinct scents.

Digital scent technology can also be implemented in retail warehouses to prepare workers to deal with the consequences of machine failure. However, high initial costs and lack of awareness are supposed to hamper market growth. The high price of the electronic nose and the time lags between successive olfactory flavors are some constraints facing the market for digital scent technology.

Recent developments:

  • In 2018, nearly two dozen Amazon warehouse workers were hospitalized after a robot punctured a box of bear repellents. Implementing the technology in these situations could avoid severe damage, provided they are equipped with the necessary precautionary devices.
  • Comon Invent BV was working on the We-nose project at the port of Rotterdam to improve monitoring of air quality in the port area of Rotterdam. The company, along with the help of others, is testing the possibility of automatic source recognition.

Market growth and trends:

  • The healthcare sector is expected to experience a substantial increase in the global digital scent market due to the increasing implementation of electronic nose applications for clinical diagnosis. An electronic nose is capable of providing useful information through the analysis of volatile organic compounds in bodily fluids, such as exhaled breath, urine and blood, which could lead to the adoption of this technology in the healthcare industry.
  • In the health sector, digital scent technology is used in aromatherapy to treat certain diseases using different types of odors. Aromatherapy also helps diagnose brain disorders. The health care industry will experience the highest growth rate due to the increased adoption of electronic nose synthesizers and odors to detect cancer. However, the high cost of these devices could hamper the adoption rate in the healthcare industry.

Drivers and Market Restraints:

Several factors, such as the application of the electronic nose in the evaluation of the quality of raw materials in the food industry and clinical diagnostics, are driving the growth of the global digital scent technology market. The unpredictability of airflow and chemicals can harm human health, and these are major challenges for companies operating in the market.

The digital scent technology used in defense and clinical diagnostics is relatively expensive and therefore hinders future market expansion. The unpredictability of airflow is another crucial factor that impedes the transmission of digital odors and thus restricts their use. The high cost of the electronic nose and the time between flavors of successive smells are some limitations in the global market for digital scent technology.

Market segmentation:

The global market for digital scent technology can be segmented by types, applications, end-user, and geography. 

In terms of type, the market can be segmented into scent synthesizers and electronic noses. The electronic nose or e-nose is a device that analyzes the chemical content of a specific odor and identifies it. The perfume synthesizer is a computing device that is connected to a USB port or a serial port through which scent is emitted every time a user visits the website in question or opens their email account. In terms of type, the electronic nose market segment is expected to have a substantial share of the market due to its intensive use in the defense and healthcare sectors. 

In terms of applications, the digital perfume technology market can be segmented into mobile phones, music and video games, quality control products, odor screens, medical diagnostic products, and others. Medical diagnostic products accounted for the largest market share in 2014 due to increased awareness of the early detection of disease by these products. These products are widely used in the health sector. The explosives detector market is expected to record the highest growth rate between 2015 and 2020. Explosives detectors are commonly used in military, defense and security applications. The food and beverage industry uses quality control products to assess raw materials.

Also, in terms of the end-user industry, the market may be segmented into healthcare, entertainment, food and beverage, education, advocacy, and others. In the healthcare sector, digital odor technology is used in aromatherapy to cure certain diseases through the use of different types of odors. In the education sector, digital odor technology is used to teach specific subjects such as botany, geography, and history. In the entertainment industry, digital scent technology helps make a movie or music more realistic. In the defense sector, digital odor technology is used to detect explosives. Digital scent technology finds its maximum use in the health sector, followed by food and drink and defense. The health sector is assumed to hold a sizeable share of the market during the outlook period.

Regional Analysis:

In terms of geography, the global market for digital scent technology can be segmented into North America, Europe, Asia-Pacific, the Middle East, and Africa and Latin America. North America is anticipated to have a significant market share due to the presence of leading players operating in this market. Europe is presumed to follow North America in terms of market share. However, the Asia-Pacific market is foreseen to overgrow during the forecast period due to rapid development and investments in research and development in digital scent technology.

Key players in the market:

The main players in the global digital scent technology market are ScentSational Technologies LLC (United States), Scent Sciences Corporation (United States), Smiths Detection Inc. (United States), Electronics Sensor Technology (United States), Scentcom Ltd. (Israel), The eNose Company (The Netherlands) and AIRSENSE Analytics GmbH (Germany).

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Digital Scent Technology Market, By Hardware Devices                          

                                6.1.1 E-Nose      

                                6.1.2 Scent Synthesizer

                                6.1.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Digital Scent Technology Market, By End-User                            

                                6.2.1 Marketing               

                                6.2.2 Food & Beverage 

                                6.2.3 Entertainment       

                                6.2.4 Education

                                6.2.5 Healthcare              

                                6.2.6 Communication    

                                6.2.7 Military & Defense              

                                6.2.8 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.9 Y-o-Y Growth Rate Analysis             

                                6.2.10 Market Attractiveness Index        

                6.3 Digital Scent Technology Market, By Application                        

                                6.3.1 Mobile Phones      

                                6.3.2 Music and Video Games   

                                6.3.3 Quality Control Products   

                                6.3.4 Odor Screens         

                                6.3.5 Medical Diagnostic Products            

                                6.3.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.7 Y-o-Y Growth Rate Analysis             

                                6.3.8 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Hardware Devices          

                                7.2.3 By End-User           

                                7.2.4 By Application        

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Hardware Devices          

                                7.3.3 By End-User           

                                7.3.4 By Application        

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Hardware Devices          

                                7.4.3 By End-User           

                                7.4.4 By Application        

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Hardware Devices          

                                7.5.3 By End-User           

                                7.5.4 By Application        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Hardware Devices          

                                7.6.3 By End-User           

                                7.6.4 By Application        

8. Key Player Analysis                                    

                8.1 ScentSational Technologies LLC                         

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Scent Sciences Corporation                 

                8.3 Smiths Detection Inc.                             

                8.4 Electronics Sensor Technology                           

                8.5 Scentcom Ltd                             

                8.6 The eNose Company                              

                8.7 AIRSENSE Analytics GmbH                   

                8.8 Comon Invent BV                    

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of type, data rate, channel, Vertical, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Digital Scent Technology Market By Region, From 2020-2025 ( USD Billion )
  2. Global Digital Scent Technology Market By Hardware Devices, From 2020-2025 ( USD Billion )
  3. Global E-Nose Market By Region, From 2020-2025 ( USD Billion )
  4. Global Scent Synthesizer Market By Region, From 2020-2025 ( USD Billion )
  5. Global Digital Scent Technology Market By End-User, From 2020-2025 ( USD Billion )
  6. Global Marketing Market By Region, From 2020-2025 ( USD Billion )
  7. Global Food & Beverage Market By Region, From 2020-2025 ( USD Billion )
  8. Global Entertainment Market By Region, From 2020-2025 ( USD Billion )
  9. Global Education Market By Region, From 2020-2025 ( USD Billion )
  10. Global Healthcare Market By Region, From 2020-2025 ( USD Billion )
  11. Global Communication Market By Region, From 2020-2025 ( USD Billion )
  12. Global Military & Defense Market By Region, From 2020-2025 ( USD Billion )
  13. Global Digital Scent Technology Market By Application, From 2020-2025 ( USD Billion )
  14. Global Mobile Phones Market By Region, From 2020-2025 ( USD Billion )
  15. Global Music and Video Games Market By Region, From 2020-2025 ( USD Billion )
  16. Global Quality Control Products Market By Region, From 2020-2025 ( USD Billion )
  17. Global Odor Screens Market By Region, From 2020-2025 ( USD Billion )
  18. Global Medical Diagnostic Products Market By Region, From 2020-2025 ( USD Billion )

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