North America Electronic Shelf Label Market Forecast to 2030 - Regional Analysis - by Components (Hardware and Software & Services), Hardware (Displays, Batteries, Transceivers, Microprocessors, and Others), Product Type (LCD ESL and E-Paper based ESL), S

North America Electronic Shelf Label Market Forecast to 2030 - Regional Analysis - by Components (Hardware and Software & Services), Hardware (Displays, Batteries, Transceivers, Microprocessors, and Others), Product Type (LCD ESL and E-Paper based ESL), Store Type (Hypermarkets, Supermarkets, Non-Food Retail Stores, Specialty Stores, and Others), and Communication Technology (Radio Frequency, Infrared, Near Field Communication, and Others)


The North America electronic shelf label market is expected to grow from US$ 850.43 million in 2022 to US$ 3,099.31 million by 2030. It is estimated to record a CAGR of 17.5% from 2022 to 2030.

Emergence of Battery-Free Solutions Fuels North America Electronic Shelf Label Market

Wireless data transmission helps ESLs to improve efficiency and speed while also reducing errors caused by changing prices. The application of ESLs can also be extended to factory/warehouse logistics and smart inventory management. Therefore, for ESL applications in several locations, besides its common black & white dual-color ePaper, many companies such as E Ink have created a low-temperature ePaper and triple-color ePaper. The low-temperature ePaper is appropriate for freezers, whereas the triple-color ePaper is designed for promotional or concessional markings. The triple-color ePaper has a combination of black, white & yellow, and black, white & red. In addition to recent launches, low voltage-driven ESL solutions are also included. In comparison to wireless transmission, which is required in large-scale malls, the new battery-free solution does not require any interior decoration to be modified or any hardware installation, which makes it ideal for small shops. Only a single mobile phone equipped with the NFC feature is required to update label content anytime.

In the current market scenario, demand for better connectivity and battery-free solutions in the logistics and retail sectors is high. Therefore, developers of ESLs aim to continue to invest in more Energy Harvesting technology for ePaper. Such investment would magnify the applications of ESL and fuel its market growth. A few of the battery-free ESL product launches are mentioned as, In June 2023, Ambient Photonics partnered with E Ink to develop next-generation electronic shelf labels (ESLs) that will transform ESLs from programmable price displays into connected battery-free devices with expanded functionality. In January 2020, Ossia Inc. launched the first ever wirelessly powered, battery-free, wire-free electronic shelf label (ESL) system to eliminate the maintenance of battery replacements and the environmental impact of battery disposal. In December 2022, Powercast Corporation and KYOCERA AVX partnered to develop sustainable, battery-free solutions with the ability to harvest power from RFID readers to power ESLs, RFID Sensor Tags, and other battery-free IoT devices.

North America Electronic Shelf Label Market Overview


North America includes the US, Canada, and Mexico. The availability of efficient infrastructure in developed nations has facilitated manufacturing companies to explore the limits of science, technology, and commerce. The US is a developed country in terms of modern technology, standard of living, and infrastructure, among other factors. Across North America, technological advancements have led to a substantially competitive market. North America is a hub of technological developments that comply with economically robust countries. As a result, electronics & semiconductor manufacturing and retail industries in North America continue to develop and remain the principal factors for driving prosperity and innovation. Companies are constantly enhancing the overall processes to meet the customers' demand for high-quality solutions and products in the best possible way. The North America market is mature and homogenous, with huge product penetration. The North America electronic shelf label market is propelled by the huge presence of retail stores and significant development in the retail sector. This region is home to most of the world's largest retailers. Canada and Mexico have their own largest retail chains, and both countries have retail companies that conduct business operations worldwide. The retail industry is responsible for almost two-thirds of the US GDP. The major US retail chains include Walmart, Albertsons Companies, CVS Health, Amazon, Walgreens Boots Alliance, Costco, Kroger Co., and Target. The market players undertake various initiatives to boost the growth of the electronic shelf label market in North America. For instance, in January 2023, Ynvisible Interactive Inc announced the launch of its latest product, Large Format Electronic Shelf Label Display. This new product offers an easy-to-read solution for displaying product pricing and information. In the same year, Bluetooth technology announced the launch of a wireless standard for the electronic shelf label (ESL). Various leaders from the ESL industry have teamed with the Bluetooth SIG to create an ultra-low power, scalable, highly secure ESL wireless standard based on Bluetooth technology. Further, in November 2022, Jumbo announced an exclusive partnership with Hanshow to digitally transform its network of stores. This partnership will provide the adoption of over 11 million electronic shelf labels (ESLs) that will save energy and time across all Jumbo stores.


North America Electronic Shelf Label Market Revenue and Forecast to 2030 (US$ Million)


North America Electronic Shelf Label Market Segmentation


The North America electronic shelf label market is segmented into component, product type, store type, communication technology, and country.

Based on component, the North America electronic shelf label market is bifurcated into hardware and software & services. The hardware segment held a larger share of the North America electronic shelf label market in 2022. The hardware segment is further subsegmented into displays, batteries, transceivers, microprocessors, and others.

In terms of product type, the North America electronic shelf label market is bifurcated into E-paper based ESL and LCD ESL. The E-paper segment held a larger share of the North America electronic shelf label market in 2022.

Based on store type, the North America electronic shelf label market is segmented into hypermarkets, supermarkets, specialty stores, non-food retail stores, and others. The hypermarkets segment held the largest share of the North America electronic shelf label market in 2022.

In terms of technology, the North America electronic shelf label market is segmented into radio frequency, near field communication, infrared, and others. The radio frequency segment held the largest share of the North America electronic shelf label market in 2022

By country, the North America electronic shelf label market is segmented into the US, Canada, and Mexico. The US dominated the North America electronic shelf label market in 2022.

LabelNest; Displaydata Ltd; Panasonic Holdings Corp; Hanshow Technology; Opticon Sensors North America BV; Ses Imagotag SA; Samsung Electro-Mechanics Co Ltd; Diebold Nixdorf, Incorporated; and Pricer AB are some of the leading companies operating in the North America electronic shelf label market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America electronic shelf label market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in North America electronic shelf label market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

Please Note: It will take 3-5 business days to complete the report upon order confirmation for delivery of the full report and excel data pack for on demand reports.


1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Electronic Shelf Label Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. North America Electronic Shelf Label Market - Key Industry Dynamics
5.1 North America Electronic Shelf Label Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rapid Adoption of Game-Changing Technologies Across Retail-Value Chain
5.2.2 Growth in Supermarket/Hypermarkets
5.2.3 Rise in Strategic Initiatives by Market Stakeholders
5.3 Market Restraints
5.3.1 Disadvantages of ESL
5.4 Market Opportunities
5.4.1 Integration of Industry 4.0 for Automation and Smart Management
5.4.2 Advent of 5G Technology
5.5 Future Trends
5.5.1 Emergence of Battery-Free Solutions
5.6 Impact of Drivers and Restraints:
6. Electronic Shelf Label Market - North America Market Analysis
6.1 Electronic Shelf Label Market Revenue (US$ Million), 2022 - 2030
6.2 Electronic Shelf Label Market Forecast and Analysis
7. North America Electronic Shelf Label Market Analysis - Component
7.1 Hardware
7.1.1 Overview
7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.1.3 Displays
7.1.3.1 Overview
7.1.3.2 Displays Market, Revenue and Forecast to 2030 (US$ Million)
7.1.4 Transceivers
7.1.4.1 Overview
7.1.4.2 Transceivers Market, Revenue and Forecast to 2030 (US$ Million)
7.1.5 Microprocessors
7.1.5.1 Overview
7.1.5.2 Microprocessors Market, Revenue and Forecast to 2030 (US$ Million)
7.1.6 Batteries
7.1.6.1 Overview
7.1.6.2 Batteries Market, Revenue and Forecast to 2030 (US$ Million)
7.1.7 Others
7.1.7.1 Overview
7.1.7.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Software and Services
7.2.1 Overview
7.2.2 Software and Services Market, Revenue and Forecast to 2030 (US$ Million)
8. North America Electronic Shelf Label Market Analysis - Product Type
8.1 E-Paper Based ESL
8.1.1 Overview
8.1.2 E-Paper Based ESL Market, Revenue and Forecast to 2030 (US$ Million)
8.2 LCD ESL
8.2.1 Overview
8.2.2 LCD ESL Market, Revenue and Forecast to 2030 (US$ Million)
9. North America Electronic Shelf Label Market Analysis - Store Type
9.1 Hypermarkets
9.1.1 Overview
9.1.2 Hypermarkets Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Supermarkets
9.2.1 Overview
9.2.2 Supermarkets Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Specialty Stores
9.3.1 Overview
9.3.2 Specialty Stores Market Revenue, and Forecast to 2030 (US$ Million)
9.4 Non-Food Retail Stores
9.4.1 Overview
9.4.2 Non-Food Retail Stores Market Revenue, and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
10. North America Electronic Shelf Label Market Analysis - Technology
10.1 Radio Frequency
10.1.1 Overview
10.1.2 Radio Frequency Market Revenue, and Forecast to 2030 (US$ Million)
10.2 Near Field Communication
10.2.1 Overview
10.2.2 Near Field Communication Market Revenue, and Forecast to 2030 (US$ Million)
10.3 Infrared
10.3.1 Overview
10.3.2 Infrared Market Revenue, and Forecast to 2030 (US$ Million)
10.4 Others
10.4.1 Overview
10.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
11. North America Electronic Shelf Label Market - Country Analysis
11.1 North America: Electronic Shelf Label Market
11.1.1 North America: Electronic Shelf Label Market, By Key Country - Revenue 2022 (US$ Million)
11.1.2 North America: Electronic Shelf Label Market, by Key Country
11.1.2.1 US: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
11.1.2.1.1 US: Electronic Shelf Label Market, by Component
11.1.2.1.1.1 US: Electronic Shelf Label Market, by Hardware
11.1.2.1.2 US: Electronic Shelf Label Market, by Product Type
11.1.2.1.3 US: Electronic Shelf Label Market, by Store Type
11.1.2.1.4 US: Electronic Shelf Label Market, by Technology
11.1.2.2 Canada: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
11.1.2.2.1 Canada: Electronic Shelf Label Market, by Component
11.1.2.2.1.1 Canada: Electronic Shelf Label Market, by Hardware
11.1.2.2.2 Canada: Electronic Shelf Label Market, by Product Type
11.1.2.2.3 Canada: Electronic Shelf Label Market, by Store Type
11.1.2.2.4 Canada: Electronic Shelf Label Market, by Technology
11.1.2.3 Mexico: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
11.1.2.3.1 Mexico: Electronic Shelf Label Market, by Component
11.1.2.3.1.1 Mexico: Electronic Shelf Label Market, by Hardware
11.1.2.3.2 Mexico: Electronic Shelf Label Market, by Product Type
11.1.2.3.3 Mexico: Electronic Shelf Label Market, by Store Type
11.1.2.3.4 Mexico: Electronic Shelf Label Market, by Technology
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 LabelNest
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Displaydata Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Panasonic Holdings Corp
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Hanshow Technology
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Opticon Sensors Europe BV
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Ses Imagotag SA
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Samsung Electro-Mechanics Co Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Diebold Nixdorf, Incorporated
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Pricer AB
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About the Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Electronic Shelf Label Market Segmentation
Table 2. Electronic Shelf Label Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Electronic Shelf Label Market Revenue and Forecasts To 2030 (US$ Million) - Component
Table 4. Electronic Shelf Label Market Revenue and Forecasts To 2030 (US$ Million) -Product Type
Table 5. Electronic Shelf Label Market Revenue and Forecasts To 2030 (US$ Million) - Store Type
Table 6. Electronic Shelf Label Market Revenue and Forecasts To 2030 (US$ Million) - Technology
Table 7. US: Electronic Shelf Label Market, by Component -Revenue and Forecast to 2030 (US$ Million)
Table 8. US: Electronic Shelf Label Market, by Hardware - Revenue and Forecast to 2030 (US$ Million)
Table 9. US: Electronic Shelf Label Market, by Product Type -Revenue and Forecast to 2030 (US$ Million)
Table 10. US: Electronic Shelf Label Market, by Store Type -Revenue and Forecast to 2030 (US$ Million)
Table 11. US: Electronic Shelf Label Market, by Technology -Revenue and Forecast to 2030 (US$ Million)
Table 12. Canada: Electronic Shelf Label Market, by Component -Revenue and Forecast to 2030 (US$ Million)
Table 13. Canada: Electronic Shelf Label Market, by Hardware - Revenue and Forecast to 2030 (US$ Million)
Table 14. Canada: Electronic Shelf Label Market, by Product Type -Revenue and Forecast to 2030 (US$ Million)
Table 15. Canada: Electronic Shelf Label Market, by Store Type -Revenue and Forecast to 2030 (US$ Million)
Table 16. Canada: Electronic Shelf Label Market, by Technology -Revenue and Forecast to 2030 (US$ Million)
Table 17. Mexico: Electronic Shelf Label Market, by Component -Revenue and Forecast to 2030 (US$ Million)
Table 18. Mexico: Electronic Shelf Label Market, by Hardware - Revenue and Forecast to 2030 (US$ Million)
Table 19. Mexico: Electronic Shelf Label Market, by Product Type -Revenue and Forecast to 2030 (US$ Million)
Table 20. Mexico: Electronic Shelf Label Market, by Store Type -Revenue and Forecast to 2030 (US$ Million)
Table 21. Mexico: Electronic Shelf Label Market, by Technology -Revenue and Forecast to 2030 (US$ Million)
Table 22. List of Abbreviation
LIST OF FIGURES
Figure 1. Electronic Shelf Label Market Segmentation, By Country
Figure 2. Ecosystem: Electronic Shelf Label Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Electronic Shelf Label Market Revenue (US$ Million), 2022 - 2030
Figure 5. Electronic Shelf Label Market Share (%) - Component, 2022 and 2030
Figure 6. Hardware Market Revenue and Forecasts To 2030 (US$ Million)
Figure 7. Displays Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8. Transceivers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Microprocessors Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Batteries Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Software and Services Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Electronic Shelf Label Market Share (%) - Product Type, 2022 and 2030
Figure 14. E-Paper Based ESL Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. LCD ESL Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Electronic Shelf Label Market Share (%) - Store Type, 2022 and 2030
Figure 17. Hypermarkets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Supermarkets Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Specialty Stores Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Non-Food Retail Stores Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Electronic Shelf Label Market Share (%) - Technology, 2022 and 2030
Figure 23. Radio Frequency Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Near Field Communication Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Infrared Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. North America: Electronic Shelf Label Market , By Key Country - Revenue 2022 (US$ Million)
Figure 28. North America: Electronic Shelf Label Market Revenue Share, by Key Country (2022 and 2030)
Figure 29. US: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 30. Canada: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 31. Mexico: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)

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