Electronic Shelf Label Market Report, By Technology Type (IR,RF, and NFC), By Product Type (LCD, Full graphic e-paper ESL, Segmented e-paper ESL), By End Use (Supermarket & Hypermarket, Convenience stores & departmental stores, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
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 (2022 - 2028), considering 2021 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:
RF
IR
NFC
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:
RF
IR
NFC
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:
U.S.
Canada
Europe
Europe Electronic Shelf Label Market, By Technology Type:
RF
IR
NFC
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:
RF
IR
NFC
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:
RF
IR
NFC
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:
RF
IR
NFC
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:
RF
IR
NFC
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.
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