Digital Scent Technology Market worth $691 Million by 2020

PUNE, India - June 18, 2015 - PRLog -- According to a new market research report "Digital Scent Technology Market by Hardware devices (E-nose & Scent synthesizer), End-user (Marketing, Food & beverage, Entertainment, Education, Healthcare, Communication & Military & defense), End-product, & Geography - Forecast to 2020", the total digital scent technology market was valued at $156 million in 2014 and is expected to reach $691 Million by 2020, at a CAGR of 30.4% between 2015 and 2020.

Browse 74 market data tables and 101 figures spread through 184 pages and in-depth TOC on “Digital Scent Technology Market - Forecast to 2020 "

Early buyers will receive 10% customization on reports.

Download PDF Brochure @http://www.marketsandmarkets.com/pdfdownload.asp?id=118670062

The total digital scent technology market is expected to reach $691 Million by 2020, at a CAGR of 30.4% between 2015 and 2020.

The Digital Scent technology comprises end-products such as mobile phone, smelling screen, music & video game, explosives detector, quality control product, and medical diagnostics product among others. Medical diagnostic products accounted for the largest market share in 2014 due to the increased awareness regarding early detection of diseases by these products. These products are widely used in the healthcare sector. The market for explosive detectors is expected to register the highest growth rate between 2015 and 2020. Explosive detectors are widely used in the military & defense, and security applications. Quality control products are used by the food & beverage industry for assessment of raw materials.

The report covers the digital scent technology market; it includes hardware devices such as e-nose and scent synthesizer. The end-user has been segmented into marketing, food & beverage, entertainment, education, healthcare, communication, military & defense, and others. Others include security, transportation, and agriculture. The digital scent technology market for military & defense is expected to register the highest growth rate during the forecast period. Healthcare accounted for the largest market share in 2014 due to an increased adoption of e-noses in the diagnosis of diseases.

This global report provides a detailed view of the market across the four regions, namely- North America, Europe, Asia-Pacific, and RoW. North America and Europe are the largest regions in terms of the market size. Europe and APAC have been identified as fastest growing regions. The report also profiles the most promising players in the digital scent technology market.

The competitive landscape of the digital scent technology market presents a very interesting picture, where a large number of players have become a force to reckon with. The market has been witnessing numerous new product launches by major players.

Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=118670062

Major players in the digital scent technology market include Smiths Detection Inc. (U.S.), Scent Sciences Corporation (U.S.), ams AG (Austria), Alpha MOS SA (France), Electronics Sensor Technology (U.S.), ScentSational Technologies LLC (U.S.), Scentcom Ltd. (Israel), AIRSENSE Analytics GmbH (Germany), and The eNose Company (Netherlands).

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com