Global Electronic Nose Market Research and Forecast 2018-2023Posted by Orion Market Research on June 29th, 2018 An Electronic Nose is used to detect specific flavours and odour. It consists array of electronic sensors and works on a mechanism of pattern recognition. Further, it can be used as real time tool in detecting hazardous gases. Global electronic nose market is expected to witness a significant growth rate at a CAGR of 10.1% during forecasted period (2018-2023). Factors motivating the growth of this market are, increasing use of e-nose in food and beverage industry which helps in improving the quality of eatable products. High cost of electronic nose may affect the growth of this market. However, continuous improvement and innovation of e- nose by global player have increased its uses across various sectors such as military defence and environmental monitoring. Currently, the roles and applications of e-nose in the healthcare and quality control services have provided new opportunities to this market. Browse full report at: Global Electronic Nose Market Research Geographically e-nose market is divided into North America, Europe, Asia Pacific and Rest of the World. North America region represents the largest market for electronic nose. Developing nations that are experiencing impressive growth in their economy over the past few years such as India and China have a great potential for electronic nose market. As government regulation of these economies will encourage healthcare and quality control services to adopt advanced electronic nose systems in environmental monitoring. Europe is expected to have a lucrative growth in this market. Related Reports: Healthcare Industry Research The global players in the e-nose market include Alpha MOS, Aryballe Technologies, Enose company, Vaporsens, Odotech. The strategy adopted in these companies are continuous investments in (R&D) which made them progress over the past several years in improving the quality of electronic nose products. Recently Aryballe technologies have develops a biosensors (O’cell) which can identify hundreds of different odours. The key element used in this is gas-imaging device (SPR prism) functionalized with a specific set of several tenth of biosensors embedded on to a single device. Research Methodology: The market study of Global e-nose market is incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report country level analysis is provided by analysing various regional players, regional tax laws and policies, consumer behaviour and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports. Secondary sources include:
The Report is intended for e-nose OEM manufacturers, e-nose parts manufacturer, Investing companies, Government Organizations for overall market analysis and competitive analysis. The report provides in-depth analysis on pricing, market size, intended quality of the product preferred by consumers, initial norms and vehicle segment. The report will serve as a source for 360-degree analysis of the market thoroughly integrating in delivering insights into the market for better business decisions. Like it? Share it! More by this author |