Digital Scent Technology Market Size - By Hardware (Scent Synthesizer, E-Nose), Application, End-User Industry (Military and Defense, Medical, Food and Beverage, Environmental Monitoring, Entertainment), Regional Outlook & Forecast, 2024

Description

List of Tables

Digital scent technology market is projected to expand at over 9% CAGR from 2024 to 2032, on account of the expanding application scope across various industries, including gaming, healthcare, and marketing. The rising advancements in digital olfaction technologies for offering precise scent reproduction will escalate the demand for digital scent solutions. For instance, in January 2022, Inhalio, a leader in digital dry air scent technology, introduced digital scent 3.0 platform, its new technological platform employed for creating Inhalio scent cartridges specifically designed for vehicles and homes.

The growing adoption of virtual reality (VR) and augmented reality (AR) is further influencing the deployment of digital scent technology to enhance user experiences. Additionally, the increasing focus on multisensory marketing strategies is leading to the high demand for scent-enabled products. The rising potential of scent-enabled diagnostics and therapy in healthcare sector will also accelerate the technology adoption.

The digital scent technology market is segregated into hardware, application, end-user industry, and region.

In terms of hardware, the industry share from the scent synthesizer segment is estimated to rise at substantial CAGR from 2024 to 2032. The rising advancements in olfactometer technologies is leading to more accurate and immersive scent reproduction. The increasing applications in gaming, virtual reality, and marketing is also contributing to the rising demand for sophisticated scent synthesizers for enhanced user experience.

Digital scent technology market share from the military & defense end-user industry segment is projected to witness commendable CAGR through 2032, due to the growing need for enhanced training simulations. The incorporation of digital scent technology in military training aids in creating realistic environments, improving situational awareness, and enhancing soldier training experiences. The ability to simulate scents, such as explosives or specific environments is contributing to heightened training effectiveness, further driving the technology adoption in the military sector.

Regionally, the Asia Pacific digital scent technology market is projected to register substantial CAGR between 2024 and 2032. The growth can be attributed to the surge in technological advancements, increasing adoption of immersive technologies, and growing applications in diverse industries. Furthermore, the rising demand for enhanced user experiences, especially in gaming and virtual reality, will drive the regional market expansion.

Product Code: 7763

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Digital scent technology market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2024-2032
2.3 Regional trends
2.4 Hardware trends
2.5 Application trends
2.6 End-user industry trends

Chapter 3 Digital Scent Technology Industry Insights

3.1 Industry ecosystem analysis
3.2 Supplier Landscape
- 3.2.1 Hardware manufacturers
- 3.2.2 Technology providers
- 3.2.3 Fragrance and chemical companies
- 3.2.4 Service providers
- 3.2.5 End-users
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
- 3.6.1 Partnership/Collaboration
- 3.6.2 Merger/Acquisition
- 3.6.3 Investment
- 3.6.4 Product launch & innovation
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 The growing popularity of virtual reality (VR) and augmented reality (AR) applications
  - 3.8.1.2 Rising demand for aromatherapy devices
  - 3.8.1.3 Growing focus on game developers on enhancing user experience
  - 3.8.1.4 The integration of digital scent technology into smart home devices
- 3.8.2 Industry pitfalls & challenges
  - 3.8.2.1 Standardization and compatibility
  - 3.8.2.2 Side effects caused by chemicals associated with scent/fragrance
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
- 4.3.1 Alpha MOS SA
- 4.3.2 Envirosuite
- 4.3.3 The eNose Company
- 4.3.4 Aryballe Technologies SA
- 4.3.5 Smith's Detection Group Ltd.
- 4.3.6 Givaudan SA
- 4.3.7 Teledyne FLIR LLC
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023

Chapter 5 Digital Scent Technology Market Estimates & Forecast, By Hardware (Revenue)

5.1 Key trends, by hardware
5.2 Scent synthesizer
5.3 E-Nose

Chapter 6 Digital Scent Technology Market Estimates & Forecast, By Application (Revenue)

6.1 Key trends, by application
6.2 Smartphones
6.3 Smelling screens
6.4 Music & video games
6.5 Explosive detectors
6.6 Quality control products
6.7 Medical diagnostic products
6.8 Others

Chapter 7 Digital Scent Technology Market Estimates & Forecast, By End-User Industry (Revenue)

7.1 Key trends, by end-user industry
7.2 Military and defense
7.3 Medical
7.4 Food and beverage
7.5 Environmental monitoring
7.6 Entertainment
7.7 Others

Chapter 8 Digital Scent Technology Market Estimates & Forecast, By Region (Revenue)

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Russia
- 8.3.7 Nordics
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 ANZ
- 8.4.5 South Korea
- 8.4.6 Southeast Asia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 UAE
- 8.6.2 Saudi Arabia
- 8.6.3 South Africa

Chapter 9 Company Profiles

9.1 AerNos, Inc.
9.2 Airsense Analytics GmbH
9.3 Alpha MOS SA
9.4 Aromajoin Corporation
9.5 Aryballe Technologies SA
9.6 Breathomix
9.7 Electronic Sensor Technology
9.8 Envirosuite
9.9 MUI Robotics Co., Ltd.
9.10 Odotech Inc.
9.11 Olorama Technology Ltd.
9.12 OVR Technology
9.13 Owlstone Inc.
9.14 Plasmion GmbH
9.15 ScentSational Technologies LLC.
9.16 Sensigent
9.17 SmartNanotubes Technologies GmbH
9.18 Smiths Detection Group Ltd.
9.19 Teledyne FLIR LLC
9.20 The eNose Company