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Odor Sensor Market size expected to reach USD 17.2 Bn by 2029, at a CAGR of 28 percent over the forecast period

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Pune, April 07, 2023 (GLOBE NEWSWIRE) — Maximize Market research, a global Electronics market research firm, has published a competitive intelligence and market research report on “Odor Sensors Market“. The Odor Sensor market size was valued at USD 1.8 Bn in 2022. The total Odor Sensors Market revenue is expected to grow at a CAGR of 28 percent from 2022 to 2029, reaching USD 17.2 Bn during the forecast period.

Market Size in 2021 USD 1.8 Bn
Market Size in 2029 USD 17.2 Bn
CAGR 28 percent (2023-2029)
Forecast Period 2023-2029
Base Year 2022
Number of Pages 266
No. of Tables 125
No. of Charts and Figures 135
Segment Covered Sensor type, Instrument type, Application, and End User
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2022−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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Odor Sensor Market Scope and Research Methodology

The report is a detailed analysis of the Odor Sensor Market covering all the major aspects such as segments, country-wise, and region-wise. For a better understanding of Odor Sensor Market penetration, Odor Sensor Market share, competitive structure, pricing analysis, and demand analysis of the market are undertaken at the local, regional and global levels.

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Major companies are mentioned by region, along with their revenue, portfolio, developments, mergers & acquisitions, and strategic alliances, for competitive analysis of the Odor Sensor Market. Growth potential and business forecast for new market entrants are provided in the Odor Sensor Market report.

Odor Sensor Market is segmented based on Sensor type, Instrument type, Application, and End User to understand the variables and impact on the market growth. Bottom-up approach was used to estimate the Odor Sensor market size. The primary and secondary methods were used to collect data from the market. SWOT analysis was conducted to provide the strengths and weaknesses of the Odor Sensor market.

Odor Sensor Market Overview

Odor sensor detects and measures compounds in the air that creates smell known as volatile organic compounds (VOCs). Odor Sensors are used in various applications such as air quality monitoring, and Industrial process control. The adsorption of volatile compounds on the sensor surface causes a physical change of the sensor.

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Negative effects of air pollution on health to drive the Odor Sensor Market growth

Increasing demand for smart homes, automation, food safety, and quality control is expected to drive the Odor Sensor Market growth. The sensor is responsible for the reception of stimulus initiated by odorants and transmission of signal referred to as the olfactory system. Technological advantages of odor sensors are that the odor detection is comprehensively analysed and results in the growth of Odor Sensor market share. Odor sensors detect odor with the help of biotechnology. The odor sensor is made up of biosensor and technical sensors.

High cost of odor sensors and technological limitations in the emerging countries is expected to hamper the Odor Sensor industry growth. Emerging healthcare applications & medical diagnosis, IoT for smart odor monitoring to reduce human involvement is expected to present a lucrative opportunity for the Odor Sensor Market growth.

Types of odor sensors are Metal Oxide Semiconductor (MOS) sensors, electrochemical sensors, Biological sensors, Photoionization Detector (PID), and Infrared (IR) sensors.

Growing Industrialization in Asia Pacific is expected to boost the Odor sensor market growth

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Rapid industrialization and increasing demand for power and energy with emission of pollutants and exhaust gases is expected to influence the Odor Sensor market growth in the region. Stringent government regulations in China, India, and Japan for the emission of air pollutants is expected to create opportunity for the odor sensor market competitors in the region. Investment by the key players in the market in terms of revenue and solutions by the government in the region is significantly contributing for the growth of market.

North America region is expected to hold a significant market share in terms of revenue over the forecast period. In European region, Germany is expected to dominate the odor sensor market in 2022 and is expected to continue the dominance over the forecast period.

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Odor Sensor Market Segmentation

By Sensor Type:

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

Based on Sensor type, the Chemical sensor segment is expected to dominate the Odor sensor market growth over the forecast period

Chemical sensors are devices used for measurement that converts chemical or physical property of an analyte into measurable signal. These sensors are used in applications such as medical, automotive, nanotechnology, and home detection systems.

By Instrument Type:

  • One Element Odor Sensors
  • Multiodor Sensors

By Application:        

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

Based on Application, Medical Diagnosis segment is expected to dominate the Odor Sensor market over the forecast period

These sensors are used to diagnose and treat diseases in the medical domain. Fluorescent signal are send with drug concentration, which is detected through the skin.

By End-User:

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

Odor Sensor Key Players Include:

  • Envirosuite
  • Figaro
  • Panasonic
  • Honeywell
  • Aryballe
  • New Cosmos Electric Co. Ltd.
  • Drager
  • Aeroqual
  • Comon Invent B.V.
  • Membrapor
  • Electronic Sensor Technology
  • Durr Systems

Get the Sample PDF of the Report: https://www.maximizemarketresearch.com/request-sample/183762

Key questions answered in the Odor Sensor Market are:

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  • What is Odor Sensor?
  • What was the Odor Sensor market size in 2021?
  • What is the expected Odor Sensor market size by 2029?
  • What is the growth rate of the Odor Sensor Market?
  • Which are the factors expected to drive the Odor Sensor market growth?
  • Which segment dominated the Odor Sensor market growth?
  • What is the demand pattern for the Odor Sensor market?
  • Which region held the largest share in the Odor Sensor market?
  • Who are the key players in the Odor Sensor market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Sensor type, Instrument type, Application, and End User
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is leading Electronics research firm, has also published the following reports:
CO2 Gas Sensor Market: The total market size was valued at USD 375.5 Mn in 2021 and revenue is expected to grow at a CAGR of 9.2 percent from 2022 to 2029, reaching USD 759.26 Mn. High demand for CO2 gas sensors in key industries is expected to fuel market growth.

Wireless Brain Sensors Market: The total market size was valued at USD 432.67 Mn in 2021 and is expected to reach USD 985.42 Mn by 2029, at a CAGR of 10.84 percent during the forecast period (2022-2029). Growing Prevalence Rate of Traumatic Brain Injuries is expected to fuel the market growth.

Air Quality Sensors Market: The total market size was valued at USD 4.57 Bn in 2021 and is expected to grow at a CAGR of 8.37 percent reaching USD 8.69 Bn over the forecast period. Increasing Pollution in the Environment and growing urbanization with economic growth is expected to fuel the market growth.

Smart Sensor Market: The total market size was valued at USD 42.92 Bn in 2021 and is expected to grow at a CAGR of 16 percent through 2021 to 2029, reaching USD 140.70 Bn. Rapid rate of digitization and the increase in requirement for industrial automation is expected to drive the market growth.

CMOS image sensor Market: The total market size was worth USD 19.91 Bn in 2022 and is expected to grow at a rate of 8.5 percent from 2023 to 2029, reaching almost USD 35.25 Bn in 2029. Increased camera adoption in artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) applications is expected to drive the market growth.

About Maximize Market Research:

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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services

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LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation. 

Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
As a result, ViCA’s specialised regulatory database goes beyond readily available online resources which feature into traditional AI tools. ViCA offers exclusive insights, proprietary regulatory interpretations, historical data, bespoke and purposely structured compliance documentation and templates. With advanced scraping capabilities, ViCA also extracts relevant data from selected websites and publicly available information, ensuring an up-to-date and comprehensive understanding of compliance requirements across industries.
From agile fintech startups to established law firms, financial institutions, regulatory bodies, insurance providers, as well as compliance consultants, ViCA seamlessly adapts to unique compliance needs. Its user-friendly interface ensures navigating and analysing regulatory data is swift and intuitive, streamlining the compliance workflow.
“ViCA is a game-changer in how regulatory compliance advice will be provided in the future”, commented Luis Parra, Managing Director of ViCA. “With ViCA, compliance insights become available to all. No longer are regulated firms and responsible people overly dependent on advisors and compliance consultants. Through ViCA, the financial system will not only meet but exceed regulatory standards. Moreover, the level of information made available to the public will benefit society as a whole, in its interactions with the financial services sector.”
Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
Visit ViCA.Chat to experience the future of compliance support.
Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
Visit ViCA.Chat to learn more.
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Artificial Intelligence

LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144298529
Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
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Get access to the latest updates on LoRa and LoRaWAN IoT Companies and LoRa and LoRaWAN IoT Industry
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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Artificial Intelligence

Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup

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HONG KONG, June 14, 2024 /PRNewswire/ — Football fans are in for a treat as they gear up for UEFA EURO 2024™ with Toshiba TV’s top-performing Gaming TV Z670. As the OFFICIAL TV OF UEFA EURO 2024™, Toshiba TVs present immersive viewing of the football game by their AI-powered TV lineup. To celebrate the brilliant moments it can bring, Toshiba TV are gifting USD100 Amazon Gift Card via their social platform! By simply like, follow and comment on @ToshibaTVGlobal, fans can boost their chances of scoring this prize.

Optimized Visuals Tailored for Football Dynamics
The Toshiba REGZA Engine ZRi in Z670 transports football fans into the heart of the action. With the AI Football Mode, they’ll be able to see fast-moving objects crystal clear and football field actions much enriched. To see their favourite player score that winning goal, the AI Picture Optimizer automatically adjusts visual contrast and precision adapted to the game. From vivid green fields and vibrant player kits, every play comes to life with AI 4K Upscaling and Quantum Dot Color, transforming lower-resolution broadcasts into near-4K quality and unleashing lifelike visual color.
Powerful Audio Effects for a Live Stadium Experience
The Toshiba TV Z670’s powerful audio system makes viewers feel like they’re right in the game. With the REGZA Bass Woofer Pro, Tru Bass Booster, and Dolby Atmos, they’ll experience heart-thumping 3D surround sound that captures the live stadium atmosphere. Whether it’s the roar of the crowd or the intensity of each play, the rich audio brings the excitement of each game right into their room.
Bringing Everyone Together for UEFA EURO 2024™
Available in sizes ranging from 55″ to 85″, Z670 is equipped with a Wide Viewing Angle and Anti-reflection features that ensures a clear picture from all viewing positions with the non-glare panel. Gather everyone for “Brilliant Every Moment” in UEFA EURO 2024™ with Toshiba TV!
Please find the high-resolution TVC here: Link
About Toshiba TV:
With 70+ years of history in TV production, Toshiba TV is known for its exquisite craftsmanship, innovative ideas and groundbreaking inventions. By prioritizing superior image quality and auditory experiences, Toshiba TV sets new standards in entertainment. Toshiba TV stems from the excellence quest of customers, providing the world with responsible products to make the world a better place. Emphasizing attention to product details and technological advancement, Toshiba TV integrates aesthetically pleasing design, quality assurance, and brand reputation to underscore its commitment to authenticity in the actual world and a sincere dedication to its consumers, showcasing Toshiba TV’s long-standing design philosophy and continuous pursuit of product quality.
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