FACTS AT A GLANCE
Edition: 5; Released: April 2021
Executive Pool: 367
Companies: 38 – Players covered include Airsense Analytics GmbH; Alpha MOS France; ams AG; Electronic Sensor Technology, Inc.; Scentcom Ltd.; ScentSational Technologies, LLC.; Smiths Detection, Inc.; The Enose Company and Others.
Coverage: All major geographies and key segments
Segments: End-Use (Food & beverage, Entertainment, Education, Healthcare, Communication, Other End-Uses); Hardware devices (E-nose, Scent synthesizer)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Digital Scent Technology Market to Reach $2.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Digital Scent Technology estimated at US$571 Million in the year 2020, is projected to reach a revised size of US$2.5 Billion by 2026, growing at a CAGR of 27.6% over the analysis period. E-nose, one of the segments analyzed in the report, is projected to record a 29.7% CAGR and reach US$1.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Scent synthesizer segment is readjusted to a revised 26.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $228.3 Million in 2021, While China is Forecast to Reach $432.6 Million by 2026
The Digital Scent Technology market in the U.S. is estimated at US$228.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$432.6 Million by the year 2026 trailing a CAGR of 26.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.5% and 23.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 19% CAGR. More

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