Electronic shelf label market predominantly caters to retail store businesses to provide electronic product displays instead of paper tags and labels. Electronic shelf labels have advantages such as high durability, long life cycles, replaceable batteries, and can be updated from time to time with minimum manual effort. ESL systems include displays, bi-directional communication systems, central control system, and software to support store-wide management and implementation of ESLs. ESL products also feature real-time product positioning systems, flash lights to promote high discount products and different forms of wireless communication systems such as Bluetooth, infrared, ZigBee, NFC, and Wi-Fi among others.
Market Drivers: Stringent regulations against the misleading product prices
Major factors contributing to the growth of the electronic shelf label market are the precise product pricing norms across various countries to safeguard consumer rights, and the need to reduce time and cost invested in conventional labeling methods. Moreover, ESLs have high visibility range and better product promotional ability that enhances the growth of the product, merchandising capability, and in-store product pricing strategy to improve sales of ESL products. However, high initial costs of installation, and lack of skilled workforce are major factors that are expected to hamper growth of the electronic shelf label market.
Key features of the study:
- This report provides in-depth analysis of the electronic shelf label market, its market size (US$ Million) and Compound Annual Growth Rate (CAGR (%)) for the forecast period: 2019 – 2027, considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global electronic shelf label market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include SES-imagotag, Pricer AB, Displaydata, Opticon Sensors Europe B.V, Samsung Electro-Mechanics, NZ Electronic Shelf Labelling, M2Communication, Diebold Nixdorf, Altierre, Teraoka Seiko, Advantech US, E Ink, and others
- Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future product launches, end user upgrades, market expansion and marketing tactics
- The global electronic shelf label market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for electronic shelf label market, research and consulting firms, new entrants and financial analysts
- Various strategy matrices used in analyzing the electronic shelf label market would provide stakeholders vital inputs to make strategic decisions accordingly
Detailed Segmentation:
- Global Electronic Shelf Labels Market, By Technology Type:
- Global Electronic Shelf Labels Market, By Product Type:
- LCD
- Full graphic e-paper ESL
- Segmented e-paper ESL
- Global Electronic Shelf Labels Market, By End Use:
- Supermarket and hypermarket
- Convenience stores and departmental stores
- Others
- Global Electronic Shelf Labels Market, By Region:
- North America
- North America Electronic Shelf Label Market, By Technology Type:
- North America Electronic Shelf Label Market, By Product Type:
- LCD
- Full graphic e-paper ESL
- Segmented e-paper ESL
- North America Electronic Shelf Label Market, By End Use:
- Supermarket and hypermarket
- Convenience stores and departmental stores
- Others
- North America Electronic Shelf Label Market, By Country:
- Europe
- Europe Electronic Shelf Label Market, By Technology Type:
- Europe Electronic Shelf Label Market, By Product Type:
- LCD
- Full graphic e-paper ESL
- Segmented e-paper ESL
- Europe Electronic Shelf Label Market, By End Use:
- Supermarket and hypermarket
- Convenience stores and departmental stores
- Others
- Europe Electronic Shelf Label Market, By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific
- Asia Pacific Electronic Shelf Label Market, By Technology Type:
- Asia Pacific Electronic Shelf Label Market, By Product Type:
- LCD
- Full graphic e-paper ESL
- Segmented e-paper ESL
- Asia Pacific Electronic Shelf Label Market, By End Use:
- Supermarket and hypermarket
- Convenience stores and departmental stores
- Others
- Asia Pacific Electronic Shelf Label Market, By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Latin America Electronic Shelf Label Market, By Technology Type:
- Latin America Electronic Shelf Label Market, By Product Type:
- LCD
- Full graphic e-paper ESL
- Segmented e-paper ESL
- Latin America Electronic Shelf Label Market, By End Use:
- Supermarket and hypermarket
- Convenience stores and departmental stores
- Others
- Latin America Electronic Shelf Label Market, By Country:
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Middle East Electronic Shelf Label Market, By Technology Type:
- Middle East Electronic Shelf Label Market, By Product Type:
- LCD
- Full graphic e-paper ESL
- Segmented e-paper ESL
- Middle East Electronic Shelf Label Market, By End Use:
- Supermarket and hypermarket
- Convenience stores and departmental stores
- Others
- Middle East Electronic Shelf Label Market, By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- Africa Electronic Shelf Label Market, By Technology Type:
- Africa Electronic Shelf Label Market, By Product Type:
- LCD
- Full graphic e-paper ESL
- Segmented e-paper ESL
- Africa Electronic Shelf Label Market, By End Use:
- Supermarket and hypermarket
- Convenience stores and departmental stores
- Others
- Africa Electronic Shelf Label Market, By Country:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- SES Imagotag*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Pricer AB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Displaydata
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Opticon Sensors Europe B.V
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Samsung Electro-Mechanics
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- M2Communication
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Diebold Nixdorf
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Altierre
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Teraoka Seiko
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Advantech US
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- E Ink
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Samsung Electro-Mechanics
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Toshiba Global Commerce Solutions
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Wuxi Wei Feng Technology
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Cicor
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- NZ Electronic Shelf Labelling
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
“*” marked represents similar segmentation in other categories in the respective section.