Olfactory Sensor

Manufacturers, startups, universities, research institutions

This market report focuses on the market of olfactory sensor technology. Olfactory sensor is a device designed to mimic human olfanction that consists of an array of non-specific electronic sensors and a pattern recognition system. 
*Olfactory sensor identifies odors (through pattern recognition of odor molecules) instead of measuring odor intensity. 
*In this report, olfactory sensor excludes a device for measuring odor intensity, gas detector (gas leak alarm, breathalyzer), and instrument  that separate gas compounds for analysis, such as like gas chromatographs (GC).

I   Current Status and Perspectives of Olfactory Sensor Market

• Lack of "standard" odor datasets makes analysis challenging
• Smell triggers memories but what connects them is still undiscovered
• Human nose vs electronic nose: current recognition tests are conducted on both
• Prime “Blue Ocean” - enticing but risky market 
• More companies are jumping in, but many have withdrawn

II   Current Status and Perspectives of Olfactory Sensor Market by Application

• Combining multiple distinctive sensing methods for optimal value proposition
• Social implementation remains a challenge across segments
• Olfactory sensor “identifies” odors; not simply “measure odor intensity”
• Range of utilization varies by application
• Utilization of olfactory sensor with AI/machine learning and digital transformation (DX)
• R&D by universities and research institutions
• No international standard for olfactory sensing technology
• Developments active in European and Asian countries 

III   Market Players 

• ScentifAI, Inc. (former Aroma Bit, Inc.）
• ANRITSU CORPORATION
• Kanazawa Institute of Technology
• Karumoa Co., Ltd. 
• Kyushu University
• Komi Hakko Corp. 
• National Institute of Advanced Industrial Science and Technology （AIST）
• SUN-WA TECHNOS CORPORATION
• Sanyo Chemical Industries, Ltd.
• Shimadzu Corporation
• The University of Tokyo
• Institute of Science Tokyo
• TAIYO YUDEN CO., LTD.
• National Institute for Materials Science (NIMS)
• Bosch (Bosch Sensortec)
• REVORN Co., Ltd.
• aba Inc.
• Alpha MOS
• I-PEX Inc.
• Qception Corporation