Odor Sensor Market Report: Trends, Forecast and Competitive Analysis to 2030

Odor Sensor Trends and Forecast

The future of the global odor sensor market looks promising with opportunities in the military and defense, agriculture, healthcare, horeca, entertainment, renewal energy generation and waste management, food & beverage, and cosmetic sectors. The global odor sensor market is expected to reach an estimated $7.1 billion by 2030 with a CAGR of 27.6% from 2024 to 2030. The major drivers for this market are increasing amount of polluted air in the environment, rising demand for iot based smart odor monitoring device, and growing preference for these automated sensors in smart homes.

A more than 150-page report is developed to help in your business decisions.

Odor Sensor by Segment

The study includes a forecast for the global odor sensor by instrument type, sensor type, application, end use industry, and region.

Odor Sensor Market by Instrument Type [Shipment Analysis by Value from 2018 to 2030]:

• One Element Odor Sensors
• Multiodor Sensors

Odor Sensor Market by Sensor Type [Shipment Analysis by Value from 2018 to 2030]:

• Biosensors
• Chemical Sensors
• Mass Spectrometry Sensors
• Differential Optical Absorption Spectrometers
• Others

Odor Sensor Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Smell Visualization and Standardization
• Food Quality Control
• Medical Diagnosis
• Air Control and Environmental Monitoring
• Others

Odor Sensor Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Military and Defense
• Agriculture
• Healthcare
• HoReCa
• Entertainment
• Renewal Energy Generation and Waste Management
• Food and Beverages
• Cosmetics
• Others

Odor Sensor Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Odor Sensor Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies odor sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the odor sensor companies profiled in this report include-

• Aeroqual
• Drager
• Figaro Engineering
• Membrapor
• Odotech
• The eNose
• Electronic Sensor Technology
• Aryballe Technologies
• Panasonic
• Comon Invent

Odor Sensor Market Insights

Lucintel forecast that chemical sensor is expected to witness highest growth over the forecast period due to its growing usage in various applications, such as breathalyzers, medical diagnostics, and air quality monitoring.

Healthcare will remain the largest segment due to widespread use of odor sensor in this sector to detect early signs of diseases such as cancer and diabetes.

APAC is expected to witness highest growth over the forecast period due to rapid industrialization, growing awareness of environmental issues, presence of key players in the region.

Features of the Global Odor Sensor Market

Market Size Estimates: Odor sensor market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Odor sensor market size by various segments, such as by instrument type, sensor type, application, end use industry, and region. in terms of value ($B).

Regional Analysis: Odor sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different instrument type, sensor type, application, end use industry, and region.s for the odor sensor market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the odor sensor market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the odor sensor market size?

Answer: The global odor sensor market is expected to reach an estimated $7.1 billion by 2030.

Q.2. What is the growth forecast for odor sensor market?

Answer: The global odor sensor market is expected to grow with a CAGR of 27.6% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the odor sensor market?

Answer: The major drivers for this market are increasing amount of polluted air in the environment, rising demand for iot based smart odor monitoring device, and growing preference for these automated sensors in smart homes.

Q.4. What are the major segments for odor sensor market?

Answer: The future of the odor sensor market looks promising with opportunities in the military and defense, agriculture, healthcare, horeca, entertainment, renewal energy generation and waste management, food & beverage, and cosmetic sectors.

Q.5. Who are the key odor sensor market companies?

Answer: Some of the key odor sensor companies are as follows:

• Aeroqual
• Drager
• Figaro Engineering
• Membrapor
• Odotech
• The eNose
• Electronic Sensor Technology
• Aryballe Technologies
• Panasonic
• Comon Invent

Q.6. Which odor sensor market segment will be the largest in future?

Answer: Lucintel forecast that chemical sensor is expected to witness highest growth over the forecast period due to its growing usage in various applications, such as breathalyzers, medical diagnostics, and air quality monitoring.

Q.7. In odor sensor market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid industrialization, growing awareness of environmental issues, presence of key players in the region.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the odor sensor market by instrument type (one element odor sensors, and multiodor sensors), sensor type (biosensors, chemical sensors, mass spectrometry sensors, differential optical absorption spectrometers, and others), application (smell visualization and standardization, food quality control, medical diagnosis, air control and environmental monitoring, and others), end use industry (military and defense, agriculture, healthcare, horeca, entertainment, renewal energy generation and waste management, food and beverages, cosmetics, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?