Global Electronic Shelf Label (ESL) Market Growth 2023-2029

Global Electronic Shelf Label (ESL) Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Electronic Shelf Label (ESL) Industry Forecast” looks at past sales and reviews total world Electronic Shelf Label (ESL) sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Shelf Label (ESL) sales for 2023 through 2029. With Electronic Shelf Label (ESL) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Shelf Label (ESL) industry.
This Insight Report provides a comprehensive analysis of the global Electronic Shelf Label (ESL) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Shelf Label (ESL) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electronic Shelf Label (ESL) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Shelf Label (ESL) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Shelf Label (ESL).
The global Electronic Shelf Label (ESL) market size is projected to grow from US$ 961.6 million in 2022 to US$ 2564.5 million in 2029; it is expected to grow at a CAGR of 2564.5 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Shelf Label (ESL) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Liquid Crystal Display (LCD) Displays
E-Paper Displays
Segmentation by application
Department Stores/Mass Merchandise
Grocery/Supermarket
Drug Stores
Specialty Stores
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BOE (SES-imagotag)
Pricer
SoluM
E Ink
Displaydata
Opticon Sensors Europe B.V
DIGI
Hanshow
LG innotek
Panasonic
Altierre
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Shelf Label (ESL) market?
What factors are driving Electronic Shelf Label (ESL) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Shelf Label (ESL) market opportunities vary by end market size?
How does Electronic Shelf Label (ESL) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.