Electronic Shelf Labels Market Size, Industry Share and Growth Rate 2027

Samarth J

The global electronic shelf label market size is projected to reach USD 2,857.6 million by 2027, exhibiting a CAGR of 20.8% during the forecast period. Increasing deployment of ESL solutions in retail stores is expected to the prime growth driver for this market, shares Fortune Business Insights™ in its report, titled “Electronic Shelf Label Market Size, Share & COVID-19 Impact Analysis, By Type (LCD based and E-paper based), By Technology (Vendor Facing Technology and Consumer Facing Technology), By End-use Industry (Hypermarket/ Supermarket, Non-food Retail Stores, Specialty Stores, and Others), and Regional Forecast, 2020-2027”. Electronic shelf label systems have been proven to elevate the efficiency in retail stores as these systems enable optimized buying and check-out processes, streamlining of e-commerce activities, smart management of stock, and reduction in labor costs. This emerging trend has opened wide opportunities for market players. For example, in 2019, US-based retail company, Kroger, partnered with Microsoft to develop EDGE (Enhanced Display for Grocery Environment) shelf, a proprietary technology that displays from every aisle and shelf in a store using sensors equipped with the Internet of Things (IoT) technology.

As per the report findings, the global market value stood at USD 630.8 million in 2019. The highlights of the report include:

Detailed examination of the various market segments and their contribution to market growth;
Actionable insights into the upcoming trends, drivers, restraints, and opportunities in the market;
Granular analysis of the regional dynamics influencing the market; and
In-depth evaluation of the key market players and careful study of their growth strategies.

Regional Insights

Strong Consumer Protection Laws to Propel the Market in Europe

Europe is expected to dominate the electronic shelf label market share during the forecast period owing to the stringent implementation of consumer protection laws in the European Union (EU). In France, for instance, the Consumer Code mandates businesses to clearly display price information of products. Such rules are pushing retail stores to install ESL systems to ensure price transparency. The region’s market size in 2019 stood at USD 304.0 million.

Latin America is expected to emerge as a major hub for this market on account of the large presence of physical retail stores and warehouses, especially in Brazil, Argentina, and Mexico. The market is anticipated to substantial gains in North America, with the growing trend of buy online and pickup in store (BIOPS).

Competitive Landscape

Geographic Expansion via Collaborations to be the Top Growth Strategy for Key Players

The key players in this market are increasingly engaging in collaborations to strategically expand their presence and operations in lucrative, burgeoning regions. These collaborations are also allowing companies to diversify their offerings and cater to a wider set of consumers.

List of Key Companies Profiled in the Electronic Shelf Label Market Report:

NZ Electronic Shelf Labelling Ltd. (Kapiti, New Zealand)
Cest Co., Ltd. (Daegu, South Korea)
Teraoka Seiko Co., Ltd (Tokyo, Japan)
Opticon Sensors Europe B.V. (Hoofddorp, Netherlands)
Displaydata Limited (United Kingdom)
Pricer AB (Sweden)
TroniTAG GmbH (Isselburg, Germany)
Diebold Nixdorf, Inc. (Ohio, United States)
M2COMM (Hsinchu, Taiwan)
LG Innotek (South Korea)
E Ink Holdings Inc. (Hsinchu, Taiwan)
Altierre Corporation (San Francisco, United States)
Zhejiang Hanshow Technology Co., Ltd (Jiaxing, China)
SES-imagotag (France)
Retail Solutions Pro DBA (Florida, United States)
Solum ESL (Hesse, Germany)

Samarth J

The Global Electronic Shelf Labels Market Growth Accelerated By Technological Advancements

Ashish Thapa 2023-12-27

The global Electronic Shelf Labels Market is estimated to be valued at US$ 97. Such innovations are expected to drive wider adoption of electronic shelf labels systems across various retail segments. Segment AnalysisThe global electronic shelf labels market is segmented into communication type, shelf edge type, product type, end user and region. Key TakeawaysThe global Electronic Shelf Labels Market Growth is expected to witness high growth. Key playersKey players operating in the Electronic Shelf Labels market are DuPont Nutrition (International Flavors & Fragrances Inc.

Global Electronic Shelf Labels Market Outlook, 2028

Kartik Pilla 2023-03-01

The Electronic Shelf Labels Market is estimated to be worth USD 1. Liquid crystal displays (LCDs) to account for the second largest share of the electronic shelf labels market during forecast periodLCDs are projected to account for the second largest share of the electronic shelf labels market based on product type. The rapid adoption of fully graphic e-paper displays and liquid crystal displays in electronic shelf labels is fueling the demand for these displays among end users. North America to account for the second largest share of the electronic shelf labels market during forecast periodNorth America is known as the largest retail market globally. •An in-depth value chain analysis has been done to provide deep insight into the electronic shelf labels market.

The Global Electronic Shelf Labels Market Growth Accelerated By Adoption Of Iot And Connected Devices

Pooja Khodke 2024-01-12

The global Electronic Shelf Labels Market is estimated to be valued at Us$ 97. Segment Analysis The global Electronic Shelf Labels market is dominated by the hypermarket and supermarket sub-segment. Key Takeaways The Global Electronic Shelf Labels Market Demand is expected to witness high growth. The global Electronic Shelf Labels Market is estimated to be valued at US$ 97. Key players operating in the Electronic Shelf Labels market are Pricer AB, SES-imagotag, Samsung Electro-Mechanics, E Ink Holdings, Displaydata, M2Communication, Diebold Nixdorf, Opticon Sensors Europe B.

Electronic Shelf Labels Market Is Estimated To Witness High Growth Owing To Increasing Adoption of Automation and Digitalization in Retail Sector.

Sachin Sadgir 2023-09-15

The global Electronic Shelf Labels (ESL) Market is estimated to be valued at US$1,025. Additionally, advancements in technology, such as the development of e-paper displays and wireless communication technologies, are further driving the growth of the Electronic Shelf Labels market. PEST Analysis: Political: The political factors affecting the electronic shelf labels market include government regulations and policies related to retail operations, labeling requirements, and data privacy. Any changes in these regulations can impact the adoption and implementation of electronic shelf labels by retailers. In terms of regional analysis, North America is anticipated to be the fastest-growing and dominating region in the electronic shelf labels market.

The Global Electronic Shelf Labels Market Growth Accelerated By Adoption Of AI And Iot In Retail

Leena Shedmake 2024-01-04

The global Electronic Shelf Labels Market is estimated to be valued at US$ 97. Integration of AI and IoT enables electronic shelf labels to collect real-time data about inventory levels, product sales, and customer shopping patterns. Rising focus on offering personalized shopping experiences is augmenting the demand for electronic shelf labels integrated with advanced AI and IoT capabilities. Segment AnalysisThe global electronic shelf labels market is segmented by product type into LCD electronic shelf labels, and full graphic e-paper electronic shelf labels. The global Electronic Shelf Labels Market is estimated to be valued at US$ 97. Regional analysis indicates that Asia Pacific region is fastest growing as well as dominating region in the electronic shelf labels market.

Enhancing Efficiency: The Impact of Electronic Shelf Labels Market in Supply Chains

Yashvi Gadhiya 2023-08-04

Electronic Shelf Labels (ESL) have emerged as a revolutionary technology that enhances efficiency in supply chains and retail operations. These digital price tags replace traditional paper labels with dynamic, programmable displays, enabling retailers to update prices, product information, and promotions in real-time. With traditional paper labels, price updates are time-consuming and prone to human errors. This agility enables retailers to respond swiftly to market changes, competitor pricing, or any other external factors affecting pricing decisions. With traditional paper labels, retailers constantly produce and discard paper labels, leading to significant paper waste.

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What is the cost for Electronic Shelf Labels (ESL)?

MinewTag 2022-07-26

How Much Do Gateway and ESL Management Software Cost? In addition to electronic shelf labels, ESL systems also require gateways and management software. As for ESL management software, the cost varies from the company. Full-set ESL SolutionWant to know whether digital shelf labels are worth spending so much money on? If you want to switch to electronic shelf tags, our ESL experts are always available to discuss with you the capabilities of our products and services.

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The report examines the global Wheeled Contemporary Shelf market's competition landscape, market share, growth rate, future trends, market drivers, opportunities, and challenges, as well as sales channels and distributors. An in-depth analysis of Wheeled Contemporary Shelf market dynamics, including market opportunities, major trends, and forecasts for the period 2023-2028, is also provided. This report provides an in-depth, focused analysis of Wheeled Contemporary Shelf industry key market segments:By Types covered are:Type 1Type 2Type 3By Applications covered are:Application 1Application 2Application 3Major Region Covered in the Wheeled Contemporary Shelf industry report:The global Wheeled Contemporary Shelf market analyzes its status and forecast. Analyze the current and future outlook of the Global Wheeled Contemporary Shelf market in both developed and emerging markets. Identify the segment that is likely to dominate the Global Wheeled Contemporary Shelf market.

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Revolutionizing Retail: The Future of Shopping with Electronic Shelf Labels

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One such innovative technology gaining popularity is electronic shelf labels (ESLs). Electronic shelf labels, also known as ESLs, are digital displays that are attached to retail shelves and communicate price and product information directly to customers. - Context-Aware Labels: ESLs could be context-aware, adjusting content based on customer demographics, past purchases or location within the store. - Augmented Reality Interactions: AR capabilities may overlay shelf labels with 3D or interactive product demonstrations, recipes or reviews. With the ability to provide always up-to-date pricing, optimized deals and a seamless shopping experience, electronic shelf labels are poised to become the future of in-store grocery shopping.

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Electronic Shelf Labels Market 2020 by Product Type, Market Players and Regions-Forecast to 2025 Report

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Report on World Electronic Shelf Labels Market by Product Type, Market, Players and Regions-Forecast to 2025 by DecisionDatabases.comElectronic Shelf Labels market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving revenue growth and profitability.

The industry report lists the leading competitors and provides the insights strategic industry analysis of the key factors influencing the market.The report includes the forecasts, analysis and discusion of important industry trends, market size, market share estimates and profiles of the leading industry players.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/24187-electronic-shelf-labels-market-analysis-reportThe players mentioned in our reportStore Electronic Systems(imagotag)PricerOpticonUNO ESLDisplaydataGlobal Electronic Shelf Labels Market: Product Segment AnalysisLiquid Crystal Display (LCD) DisplaysNFC-enabled Electronic Shelf LabelsE papers DisplaysGlobal Electronic Shelf Labels Market: Application Segment AnalysisGlobal Electronic Shelf Labels Market: Regional Segment AnalysisUSAEuropeJapanChinaIndiaSouth East AsiaDownload Free Sample Report of World Electronic Shelf Labels Market @ https://www.decisiondatabases.com/contact/download-sample-24187There are 10 Chapters to deeply display the World Electronic Shelf Labels market.Chapter 1 About the Electronic Shelf Labels IndustryChapter 2 World Market Competition LandscapeChapter 3 World Electronic Shelf Labels Market shareChapter 4 Supply Chain AnalysisChapter 5 Company ProfilesChapter 6 Globalisation & TradeChapter 7 Distributors and CustomersChapter 8 Import, Export, Consumption and Consumption Value by Major CountriesChapter 9 World Electronic Shelf Labels Market Forecast through 2025Chapter 10 Key success factors and Market OverviewPurchase the complete World Electronic Shelf Labels Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-24187Other Reports by DecisionDatabases.com:World Electronic Flight Bag Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)World Electronic Faucets Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.

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We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/

Electronic Shelf Label Market 2022 Top key Players and Analysis Report Till 2028

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The latest Electronic Shelf Label Market Research Report published by Value Market Research gives in-depth analysis to show industry trends in the upcoming years. Request a FREE Sample Copy of Global Electronic Shelf Label Market Report with Full TOC At: https://www. The major players in the electronic shelf label market include Pricer, Displaydata, E Ink Holdings, Samsung Electro- Mechanic, Diebold Nixdorf, Altieer, SES-imagotag, Clearink Display, Panasonic Corporation, NCR Corporation and SoluM Co. This section covers the regional outlook, which accentuates current and future demand for the Electronic Shelf Label market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Purchase complete Global Electronic Shelf Label Market Research Report At: https://www.

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