Electronic Shelf Label (ESL) Market is expected to reach USD 826 Mn in 2021 and is expected to reach USD 2503.65 Mn by 2027 at a CAGR of 20.30% during the forecast period.
Electronic Shelf Label (ESL) Market Overview
The Electronic Shelf Label (ESL) Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021 to 2029. The report provides Electronic Shelf Label (ESL) Market drivers and restraints.
Retailers use electronic shelf labels with an indicator that shows the product’s price and any associated promotions. In a retail setting, a server manages a number of electronic shelf labels (ESLs), and the server connects to the ESLs via a wireless network. The global electronic shelf label (ESL) market is expanding as a result of some crucial factors, including improved product positioning, increased retail automation, and increased operational efficiency.
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Market Scope
During the forecast, the Electronic Shelf Label (ESL) Market is developing at a stable rate between 2022 and 2029. Due to the efforts of industry participants, the market is forecast to grow significantly between 2022 and 2029. The report provides current Electronic Shelf Label (ESL) Market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this Electronic Shelf Label (ESL) Market research report.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
Electronic Shelf Label (ESL) Market Segmentation
Component, product type, communication technology, store type, and geography are the different segments of the global electronic shelf label (ESL) market. The full graphics e-paper sub-segment, which was dominated by product type in 2021, is anticipated to maintain its dominance over the forecast period. Segmented e-paper displays have been upgraded to use full-graphic e-paper as their display component.
Due to the highest adoption of these labels because it enables updating the product-related information in less time, the hypermarket sub-segment, by store type, held 28% of the market share in 2021 and is anticipated to maintain its dominance over the forecast period.
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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)
The global Electronic Shelf Label (ESL) Market research report contains a detailed regional key player analysis of the Electronic Shelf Label (ESL) Market industry, with an emphasis on business growth opportunities and market hurdles in each of the globe’s major regions.
Regional Analysis
The regional analysis provided in our report helps you understand the Electronic Shelf Label (ESL) Market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Electronic Shelf Label (ESL) Market . Local and regional development plans are often affected by the performance of Electronic Shelf Label (ESL) Market . The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Electronic Shelf Label (ESL) Market Report are:
- What is Electronic Shelf Label (ESL) Market ?
- What is the forecast period of the Electronic Shelf Label (ESL) Market ?
- What is the competitive scenario of the Electronic Shelf Label (ESL) Market ?
- Which region held the largest market share in the Electronic Shelf Label (ESL) Market ?
- What are the opportunities for the Electronic Shelf Label (ESL) Market ?
- What factors are affecting the Electronic Shelf Label (ESL) Market growth?
- Who are the key players of the Electronic Shelf Label (ESL) Market ?
- Which company held the largest share in the Electronic Shelf Label (ESL) Market ?
- What will be the CAGR of the Electronic Shelf Label (ESL) Market during the forecast period?
- What key trends are likely to emerge in the Electronic Shelf Label (ESL) Market in the coming years?
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Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Electronic Shelf Label (ESL) Market
- Landscape- Leading key players and other prominent key players.
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