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 Dynamics:
Growing need for real-time price updates and inventory management: ESLs enable retailers to update pricing and product information in real-time, reducing the need for manual price updates and improving inventory management. This is particularly important for retailers with large and complex product ranges.
Increasing competition and price pressure in the retail industry: Retailers are facing increasing competition and price pressure, leading to a focus on cost reduction and efficiency improvements. ESLs can help retailers to reduce costs and improve efficiency by automating price updates and inventory management.
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: 2023 – 2030, considering 2022 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
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- SES Imagotag *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Pricer AB
- Displaydata
- Opticon Sensors Europe B.V
- Samsung Electro-Mechanics
- M2Communication
- Diebold Nixdorf
- Altierre
- Teraoka Seiko
- Advantech US
- E Ink
- Toshiba Global Commerce Solutions
- Wuxi Wei Feng Technology
- Cicor
- NZ Electronic Shelf Labelling
*Browse all the market data tables and figures on “Global Electronic Shelf Labels Market- Forecast to 2030”
