Electronic Nose Market 2021 Growth, Prominent Players: Alpha MOS SA, Electronic Sensor Technology Inc., Plasmion GmbH, Odotech Inc.

The Electronic Nose Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Electronic Nose market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Electronic Nose market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Electronic Nose market.

The electronic nose market was valued at USD 17.9 million in 2020, and it is expected to reach a market value of USD 34.2 million by 2026, to register a CAGR of 11.8% over the forecast period (2021 - 2026). 

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Top Leading Companies of Electronic Nose Market are - Alpha MOS SA, Electronic Sensor Technology Inc., Plasmion GmbH, Odotech Inc., The eNose Company, AIRSENSE Analytics GmbH, Aryballe Technologies SA, Comon Invent BV, Sensigent LLC, Stratuscent Inc. and others.

Industry News and Updates:

- January 2020 - At CES 2020, Stratuscent showcased its e-nose technology for detecting chemicals in the air and create scent print. It can detect ethylene, which can indicate spoilage in crop shipments.

- April 2020 – Intel’s partnership with the Cornell University is underlined with the development of the Loihi neuromorphic research chip, as an electronic nose for a computer. By using neuromorphic computing, the eNose has developed capability to recognize chemicals by the scents or odors they emit.

Key Market Trends:

Use for Aroma and Flavor Characteristics Detection Drives the Market Demand

- Several industries, based on specific product categories and types, such as the automobile, packaging, food and beverage, cosmetics, drug, analytical chemistry, and biomedical industries, employ an electronic nose for a broad and diverse range of aroma and flavor detection applications.
- One of the most potentially useful and challenging applications of the electronic nose technology is classification and quality assurance of wines. Sensory and chemical properties of wine, especially color, aroma, and taste, are in part, related to the total concentration and profile of flavonoids and have been critical for the demand of electronic nose in the market.

North America Holds Significant Market Share

- The stringent regulations in North America have pushed the industries to adopt the technology, to enhance the safety of the working environment. Precautionary measures, such as the use of sensors to improve and enhance the workers' safety in an industrial setup, are higher to avoid bans or controls on the industries.
- The proactiveness of the government and the corporate bodies for creating a safe working environment has augmented the demand for the adoption of new and innovative technology that mimics the human senses. Regulations for safety have been present in the market for a long time. For instance, in the United States, the odorisation of transported gas is regulated under the federal legislation of the US Government, 2012. All combustible gases that are transported in distribution lines are required to contain a natural or added odor that is readily detectable by a person with a normal sense of smell.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Electronic Nose Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Electronic Nose Market (%),2016 - 2026
- Electronic Nose Market Share, By Brand
- Electronic Nose Market Share, By Company
- Electronic Nose Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Electronic Nose Market Value Analysis & Forecast
- Promising Electronic Nose Development by Major Companies
- Detailed Electronic Nose Portfolio of the Major Companies
- Major Deals in the Electronic Nose Market
- Major Companies Analysis

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