The North American digital scent market is estimated to grow at a CAGR of around 16% during the forecast period. Advancements in technology in the areas of hardware diminishment and processing power have opened new horizons for the users to experience new kinds of realities with the help of various kinds of devices. The potential applications of such interfaces are huge and key players including Apple, Google and Facebook are investing heavily in developing and augmenting the new platform and to provide enhanced digital services to their customers. With the increasing user demand for experiencing better quality digital experiences, the demand for digital scent technology is expected to increase significantly in the near future in the North American region.
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The companies which are contributing to the growth of the North American flexible electronics market include 3M Co., BASF SE, Samsung Electronics Co., Ltd., LG Electronics, Inc., and Fujikura Ltd. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, in May 2018, Cymbet Corp., Inc. has expanded its product portfolio by introducing an IC integrated with an ultra-low power Real-Time Clock (RTC), offering power management functions. The Power Management with RTC (PMRTC) aids in charging voltage options for wide range of backup power sources including EnerChips, rechargeable coin cells, and supercapacitors.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
North American Digital Scent Market by Hardware
- E-Nose
- Scent Synthesizer
North American Digital Scent Market by End-User
- Entertainment
- Marketing
- Healthcare
- Food & Beverages
- Others (Military & Defense, Environment Monitoring)
Regional Analysis
- United States
- Canada
Company Profiles
- Aromyx Corp.
- Electronic Sensor Technology, Inc.
- Mood Media Corp.
- Nevada Nanotech Systems Inc.
- Owlstone Inc.
- Scent Sciences Corp.
- Sensigent LLC
- ScentSational Technologies LLC
- Stratuscent Inc.
- Tellspec Inc.
- Vaporsense, Inc.
The Report Covers
- Comprehensive research methodology of the North American Digital Scent Market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American Digital Scent Market.
- Insights about market determinants which are stimulating the North American Digital Scent Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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