by Market Overview:
An electronic nose, also known as e-nose, is a device used for smell or odor detection. It comprises an array of electronic chemical sensors, each one sensitive to particular classes or groups of chemical compounds. These chemical sensors detect the presence of target odors and transmit their responses to a pattern recognition system, which then identifies the odor based on its odor fingerprint. Electronic noses are used in a variety of applications such as quality control, process monitoring, and odor detection in healthcare vertical.
Market Dynamics:
Growing use of electronic noses in healthcare applications is contributing to its market growth. Some key applications in healthcare include detection of diseases such as cancer, diabetes, and tuberculosis using e-nose technology. For instance, e-nose technology is being used to detect lung cancer in its early stages from exhaled breath. Advancements in sensor technology are also fueling adoption of electronic noses. Manufacturers are developing new types of gas sensors that has high sensitivity, selectivity, stability, and shorter response time. For instance, conducting polymer gas sensors can detect trace amounts of certain gases at room temperature. Furthermore, rising demand for food quality monitoring and pesticide residue detection applications in agriculture is also propelling the electronic nose market growth. Electronic noses are increasingly being utilized to check freshness and quality of fruits and vegetables. They can detect spoilage and contaminants at very low levels.
The global Electronic Nose Market Share is estimated to be valued at US$ 30.13 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights
Segment Analysis
The electronic nose market is segmented by technology into metal oxide semiconductor (MOS), conductive polymer, and quartz crystal microbalance. Among these, the MOS segment accounts for the largest share in the market currently due to its advantages such as fast detection, low cost, and higher sensitivity.
PEST Analysis
Political: Regulations related to safety and quality control of food and beverages are expected to drive the adoption of electronic nose technology for inspection applications.
Economic: The growth of the food & beverage and healthcare industries in countries like India and China will drive opportunities in the electronic nose market in the Asia Pacific region.
Social: Electronic nose devices are becoming popular for various applications like detection of diseases and freshness evaluation of food products, gaining more social acceptance.
Technological: Advancements in sensor miniaturization and integration of artificial intelligence for improved data analysis are expanding the capabilities of electronic nose technology.
Key Takeaways
The global electronic nose market is expected to witness high growth, exhibiting a CAGR of 12% over the forecast period, due to increasing demand for food quality evaluation applications. The market size for 2023 is estimated at US$ 30.13 Mn.
Regional analysis: Asia Pacific dominates the global market currently owing to strong growth in end-use industries in major countries like China and India. Further, supportive government policies for adoption of advanced technologies also contribute to regional market growth.
Key players operating in the electronic nose market are 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. Strategic partnerships and new product launches remain key strategies adopted by major players to strengthen their market position.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
