Global Electronic Shelf Label ESL Market Research Report 2023(Status and Outlook)
Report Overview
Electronic Shelf Label, also known by the acronym ESL. It is the latest solution for inventory and price management in the retail sector, based on the use of advanced IT technology. ESL replaces conventional paper price tags attached to the shelves of supermarkets and department stores with, for example, LCDs and electronic paper (E-paper) that show information on product price, sales promotions, etc.
ESL takes advantage of Zigbee, a low-power wireless communication technology, to keep product prices updated in real time. ESL consists of an e-paper equipped tag and gateway which delivers product information. The central server transmits information of each product to the gateway, which in turn sends such information to thousands of tags at the same time.
An electronic shelf label includes a transceiver configured to communicate with a plurality of wireless data tags associated with a plurality of retail products.
Global Electronic Shelf Label (ESL) key players include BOE (SES-imagotag), Pricer, SoluM, E Ink, etc. Global top four manufacturers hold a share over 65%.
Europe is the largest market, with a share about 55%, followed by Asia-Pacific and North America, both have a share about 40 percent.
In terms of product, E papers Displays is the largest segment, with a share over 80%. And in terms of application, the largest application is Department Stores/Mass Merchandise, followed by Grocery/Supermarket, Drug Stores, etc.
The Global Electronic Shelf Label ESL Market Size was estimated at USD 860.00 million in 2022 and is projected to reach USD 2218.90 million by 2029, exhibiting a CAGR of 14.50% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Electronic Shelf Label ESL market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electronic Shelf Label ESL Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electronic Shelf Label ESL market in any manner.
Global Electronic Shelf Label ESL Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
BOE (SES-imagotag)
Pricer
SoluM
E Ink
Displaydata
Opticon Sensors Europe B.V
DIGI
Hanshow
LG innotek
Panasonic
Altierre
Market Segmentation (by Type)
Liquid Crystal Display (LCD) Displays
E-Paper Displays
Market Segmentation (by Application)
Kitchens
Laundry Rooms
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Electronic Shelf Label ESL Market
Overview of the regional outlook of the Electronic Shelf Label ESL Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Electronic Shelf Label ESL
- 1.2 Key Market Segments
- 1.2.1 Electronic Shelf Label ESL Segment by Type
- 1.2.2 Electronic Shelf Label ESL Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Electronic Shelf Label ESL Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Electronic Shelf Label ESL Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Electronic Shelf Label ESL Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Electronic Shelf Label ESL Market Competitive Landscape
- 3.1 Global Electronic Shelf Label ESL Sales by Manufacturers (2018-2023)
- 3.2 Global Electronic Shelf Label ESL Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Electronic Shelf Label ESL Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Electronic Shelf Label ESL Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Electronic Shelf Label ESL Sales Sites, Area Served, Product Type
- 3.6 Electronic Shelf Label ESL Market Competitive Situation and Trends
- 3.6.1 Electronic Shelf Label ESL Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Electronic Shelf Label ESL Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Electronic Shelf Label ESL Industry Chain Analysis
- 4.1 Electronic Shelf Label ESL Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Electronic Shelf Label ESL Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Electronic Shelf Label ESL Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Electronic Shelf Label ESL Sales Market Share by Type (2018-2023)
- 6.3 Global Electronic Shelf Label ESL Market Size Market Share by Type (2018-2023)
- 6.4 Global Electronic Shelf Label ESL Price by Type (2018-2023)
- 7 Electronic Shelf Label ESL Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Electronic Shelf Label ESL Market Sales by Application (2018-2023)
- 7.3 Global Electronic Shelf Label ESL Market Size (M USD) by Application (2018-2023)
- 7.4 Global Electronic Shelf Label ESL Sales Growth Rate by Application (2018-2023)
- 8 Electronic Shelf Label ESL Market Segmentation by Region
- 8.1 Global Electronic Shelf Label ESL Sales by Region
- 8.1.1 Global Electronic Shelf Label ESL Sales by Region
- 8.1.2 Global Electronic Shelf Label ESL Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Electronic Shelf Label ESL Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Electronic Shelf Label ESL Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Electronic Shelf Label ESL Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Electronic Shelf Label ESL Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Electronic Shelf Label ESL Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 BOE (SES-imagotag)
- 9.1.1 BOE (SES-imagotag) Electronic Shelf Label ESL Basic Information
- 9.1.2 BOE (SES-imagotag) Electronic Shelf Label ESL Product Overview
- 9.1.3 BOE (SES-imagotag) Electronic Shelf Label ESL Product Market Performance
- 9.1.4 BOE (SES-imagotag) Business Overview
- 9.1.5 BOE (SES-imagotag) Electronic Shelf Label ESL SWOT Analysis
- 9.1.6 BOE (SES-imagotag) Recent Developments
- 9.2 Pricer
- 9.2.1 Pricer Electronic Shelf Label ESL Basic Information
- 9.2.2 Pricer Electronic Shelf Label ESL Product Overview
- 9.2.3 Pricer Electronic Shelf Label ESL Product Market Performance
- 9.2.4 Pricer Business Overview
- 9.2.5 Pricer Electronic Shelf Label ESL SWOT Analysis
- 9.2.6 Pricer Recent Developments
- 9.3 SoluM
- 9.3.1 SoluM Electronic Shelf Label ESL Basic Information
- 9.3.2 SoluM Electronic Shelf Label ESL Product Overview
- 9.3.3 SoluM Electronic Shelf Label ESL Product Market Performance
- 9.3.4 SoluM Business Overview
- 9.3.5 SoluM Electronic Shelf Label ESL SWOT Analysis
- 9.3.6 SoluM Recent Developments
- 9.4 E Ink
- 9.4.1 E Ink Electronic Shelf Label ESL Basic Information
- 9.4.2 E Ink Electronic Shelf Label ESL Product Overview
- 9.4.3 E Ink Electronic Shelf Label ESL Product Market Performance
- 9.4.4 E Ink Business Overview
- 9.4.5 E Ink Electronic Shelf Label ESL SWOT Analysis
- 9.4.6 E Ink Recent Developments
- 9.5 Displaydata
- 9.5.1 Displaydata Electronic Shelf Label ESL Basic Information
- 9.5.2 Displaydata Electronic Shelf Label ESL Product Overview
- 9.5.3 Displaydata Electronic Shelf Label ESL Product Market Performance
- 9.5.4 Displaydata Business Overview
- 9.5.5 Displaydata Electronic Shelf Label ESL SWOT Analysis
- 9.5.6 Displaydata Recent Developments
- 9.6 Opticon Sensors Europe B.V
- 9.6.1 Opticon Sensors Europe B.V Electronic Shelf Label ESL Basic Information
- 9.6.2 Opticon Sensors Europe B.V Electronic Shelf Label ESL Product Overview
- 9.6.3 Opticon Sensors Europe B.V Electronic Shelf Label ESL Product Market Performance
- 9.6.4 Opticon Sensors Europe B.V Business Overview
- 9.6.5 Opticon Sensors Europe B.V Recent Developments
- 9.7 DIGI
- 9.7.1 DIGI Electronic Shelf Label ESL Basic Information
- 9.7.2 DIGI Electronic Shelf Label ESL Product Overview
- 9.7.3 DIGI Electronic Shelf Label ESL Product Market Performance
- 9.7.4 DIGI Business Overview
- 9.7.5 DIGI Recent Developments
- 9.8 Hanshow
- 9.8.1 Hanshow Electronic Shelf Label ESL Basic Information
- 9.8.2 Hanshow Electronic Shelf Label ESL Product Overview
- 9.8.3 Hanshow Electronic Shelf Label ESL Product Market Performance
- 9.8.4 Hanshow Business Overview
- 9.8.5 Hanshow Recent Developments
- 9.9 LG innotek
- 9.9.1 LG innotek Electronic Shelf Label ESL Basic Information
- 9.9.2 LG innotek Electronic Shelf Label ESL Product Overview
- 9.9.3 LG innotek Electronic Shelf Label ESL Product Market Performance
- 9.9.4 LG innotek Business Overview
- 9.9.5 LG innotek Recent Developments
- 9.10 Panasonic
- 9.10.1 Panasonic Electronic Shelf Label ESL Basic Information
- 9.10.2 Panasonic Electronic Shelf Label ESL Product Overview
- 9.10.3 Panasonic Electronic Shelf Label ESL Product Market Performance
- 9.10.4 Panasonic Business Overview
- 9.10.5 Panasonic Recent Developments
- 9.11 Altierre
- 9.11.1 Altierre Electronic Shelf Label ESL Basic Information
- 9.11.2 Altierre Electronic Shelf Label ESL Product Overview
- 9.11.3 Altierre Electronic Shelf Label ESL Product Market Performance
- 9.11.4 Altierre Business Overview
- 9.11.5 Altierre Recent Developments
- 10 Electronic Shelf Label ESL Market Forecast by Region
- 10.1 Global Electronic Shelf Label ESL Market Size Forecast
- 10.2 Global Electronic Shelf Label ESL Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Electronic Shelf Label ESL Market Size Forecast by Country
- 10.2.3 Asia Pacific Electronic Shelf Label ESL Market Size Forecast by Region
- 10.2.4 South America Electronic Shelf Label ESL Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Electronic Shelf Label ESL by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Electronic Shelf Label ESL Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Electronic Shelf Label ESL by Type (2024-2029)
- 11.1.2 Global Electronic Shelf Label ESL Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Electronic Shelf Label ESL by Type (2024-2029)
- 11.2 Global Electronic Shelf Label ESL Market Forecast by Application (2024-2029)
- 11.2.1 Global Electronic Shelf Label ESL Sales (K Units) Forecast by Application
- 11.2.2 Global Electronic Shelf Label ESL Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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