Electronic Shelf Label Market is expected to reach USD 993.6 Mn. in 2022 and is expected to reach USD 3623.3 Mn. by 2029 at a CAGR of 20.3% during the forecast period.
Global Electronic Shelf Label (ESL) Market Report Scope and Research Methodology
Maximize Market Research Pvt. Ltd., a prominent market research firm headquartered in Pune, India, has released its latest comprehensive report detailing the profound impact of the COVID-19 pandemic on the Electronic Shelf Label (ESL) Market. The report provides valuable insights into how the pandemic has affected market leaders, followers, and disruptors across various regions and segments.
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The report aids in understanding the dynamics of the Global Electronic Shelf Label Market by segmenting it and projecting its size. It provides a clear representation of competitive analysis among key players, considering factors such as type, price, financial position, product portfolio, growth strategies, and regional presence.
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What are Global Electronic Shelf Label (ESL) Market Dynamics?
Electronic Shelf Labels are crucial components in the retail sector, displaying product prices and related offers efficiently. These labels are controlled by servers utilizing wireless communication networks to communicate with ESLs. Several factors, such as increased operational efficiency, enhanced product positioning, and the rise of retail automation, are fueling the growth of the Global Electronic Shelf Label Market. ESLs cater to a wide range of businesses, including grocery stores, hardware shops, sports equipment retailers, furniture stores, consumer appliance outlets, and electronics and gadget retailers.
However, the ESL market faces challenges due to low labor costs in economically developing countries like India, South Korea, Brazil, China, and South Africa, which are expected to limit market growth in the forecast period.
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What is Global Electronic Shelf Label (ESL) Market Regional Insight?
Europe led the ESL market with a 33% share in 2022 and is expected to maintain its dominance due to the presence of domestic and multinational retailers in the region. Europe was an early adopter of ESL solutions, dating back to their launch in France in 1991. Europe is followed by the Asia-Pacific (APAC) region, which is poised to capture a 28% market share over the forecast period. The growth in APAC is attributed to globalization, the development of organized retail, and the expansion of large-scale retailers, especially in countries like China, India, Japan, Australia, Singapore, and South Korea.
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What is Global Electronic Shelf Label (ESL) Market Segmentation?
by Component
• Displays
• Batteries
• Transceiver
• Microprocessors
• Others
by Product Type
• LCD ESL
• Segmented E-Paper ESL
• Full-Graphic E-Paper ESL
by Communication Technology
• Radio Frequency (RF)
• Infrared (IR)
• Near Field Communication (NFC)
• Other Communication Technologies
• Displays
• Batteries
• Transceiver
• Microprocessors
• Others
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Who are Global Electronic Shelf Label (ESL) Market Key Players?
• Pricer (Sweden)
• SES-imagotag (France)
• Samsung Electro-Mechanics (South Korea)
• E Ink Holdings (Taiwan)
• Displaydata (UK)
• M2Communication (Taiwan)
• Diebold Nixdorf (Germany)
• Opticon Sensors Europe (Netherlands)
• Teraoka Seiko (Japan)
• NZ Electronic Shelf Labelling (New Zealand)
• Advantech Inc.,
• Altierre Corporation,
• Displaydata Limited,
• Herbert Retail Limited,
• M2COMM
• Opticon Sensors Europe B.V.
• SoluM,
• SES-imagotag
• Pricer AB.
• NZ Electronic Shelf Labelling (New Zealand)
Table of content for the Global Electronic Shelf Label (ESL) Market includes:
- Global Electronic Shelf Label (ESL) Market: Research Methodology
- Global Electronic Shelf Label (ESL) Market: Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Electronic Shelf Label (ESL) Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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