Global electronic shelf label market was valued at USD 826 .00 million in 2021 and is expected to reach USD 3580.16 million by 2029, registering a CAGR of 20.12% during the forecast period of 2022-2029.
Key Pointers Covered in Electronic Shelf Label Market Industry Trends and Forecast to 2029
• Market Size
• Market New Sales Volumes
• Market Replacement Sales Volumes
• Market Installed Base
• Market By Brands
• Market Procedure Volumes
• Market Product Price Analysis
• Market Regulatory Framework and Changes
• Market Shares in Different Regions
• Recent Developments for Market Competitors
• Market Upcoming Applications
• Market Innovators Study
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Benefits of Considering this Report:
• This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
• A complete picture of the competitive scenario of Electronic Shelf Label Market is depicted by this report.
• The report consists of a vast amount of data about the recent product and technological developments in the markets.
• The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.
Electronic Shelf Label Market Scope and Market Size
The electronic shelf label market is segmented on the basis of component, product type, technology, display size, store type, communication technology. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
• Displays
• Batteries
• Transceivers
• Microprocessors
• Others
Product Type
• LCD ESL
• Segmented E-Paper ESL
• Full-Graphic E-Paper ESL
Technology
• ZigBee
• BLE
• Wi-Fi
Display Size
• Less than 3 inches
• 3 to 7 inches
• 7 to 10 inches
• More than 10 inches
Store Type
• Hypermarkets
• Supermarkets
• Non-Food Retail Stores
• Specialty Stores
• Other Store Types
Communication Technology
• Radio Frequency
• Infrared
• Near Field Communication
• Other Communication Technologies
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Some of the key questions answered in this report:
• How has the Electronic Shelf Label Market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the breakup of the market based on the procedure?
• What is the breakup of the market based on the injury location?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Electronic Shelf Label Market and who are the key players?
• What is the degree of competition in the industry?
Market Analysis and Insights: Electronic Shelf Label Market
• Electronic shelf label is basically utilized by the retailers for displaying product pricing on shelves. When a price is altered under the management of a central server, the product pricing is automatically updated. On the front edge of retail shelves, electronic display modules are typically connected. They are widely used across various stores such as hypermarkets, supermarkets, non-food retail stores, specialty stores and other store types.
• The “hypermarkets” accounts for the largest store type segment in the electronic shelf label market within the forecasted period owing to the growing adoption of digital technologies in the retail sector. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
• Over recent years, the electronic shelf label has shown a considerable increase in demand across the globe. Additionally, The International Labour Organization (ILO) projects that the trillion-dollar retail sector will continue to develop rapidly in the years to come. Throughout the Forecast period, the Increasing proliferation of internet of things (IoT) is anticipated to offer prospective growth opportunities for producers of electronic shelf labels, which will in turn contribute to the market's overall expansion.
• Factors such as the introduction of new channels for the supply of goods, rising wages and higher investments in the e-commerce sector all significantly impact the adoption of automation in the retail sector. Technologies like automated backroom unloading, self-checkout terminals, self-checking robots, and electronic shelf labels have proven effective at a large scale in the retail business and given retailers huge returns. Given that businesses are investing more and more in technologies to improve the shopping experience for customers, store digitalization is here to stay for a very long time. Retailers worldwide are giving customers many options throughout the entire purchasing process, and a seamless transition between online and offline shopping platforms is becoming more and more crucial.
Electronic Shelf Label Market Country Level Analysis
• U.S., Canada and Mexico in [North America]
• Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of Europe]
• China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, [Rest of Asia-Pacific (APAC)]
• Saudi Arabia, U.A.E, South Africa, Egypt, Israel, [Rest of Middle East and Africa (MEA)]
• Brazil, Argentina and [Rest of South America]
Electronic Shelf Label Market Share Analysis
The electronic shelf label market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to electronic shelf label market.
Key player Electronic Shelf Label Market
• SES-imagotag (France)
• Pricer AB (Sweden)
• E Ink Holdings Inc., (Taiwan)
• Displaydata Limited (U.K.)
• M2COMM (Taiwan)
• SAMSUNG (South Korea)
• Diebold Nixdorf, Incorporated (U.S.)
• Opticon Sensors Europe B.V. (Netherlands)
• Teraoka Seiko Co., Ltd., (Japan)
• NZ Electronic Shelf Labelling (New Zealand)
• Advantech Co., Ltd (Taiwan)
• FORBIX SEMICON (India)
• LANCOM Systems GmbH (Germany)
• SOLUM Group HQ (Germany)
• Cicor Management AG (Switzerland)
• CSY Retail Systems Ltd (U.K.)
MAJOR TOC OF THE REPORT
• Chapter One: Introduction
• Chapter Two: Market Segmentation
• Chapter Three: Market Overview
• Chapter Four: Executive Summary
• Chapter Five: Premium Insights
• Chapter Six: Electronic Shelf Label Market Share by Product & Procedure type
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