Dublin, Aug. 05, 2020 (GLOBE NEWSWIRE) -- The "Electronic Shelf Label Market By Product Type, Component, Display Size, Communication Technology and Store Type: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The electronic shelf label market size was valued at $624.7 million in 2018, and is projected to reach $2.40 billion by 2027, growing at a CAGR of 15.9% from 2020 to 2027. The electronic shelf label (ESL) system is used for displaying product pricing on shelves. It utilizes wireless communication networks such as radio frequency (RF) technology and infrared (IR) technology to communicate with the back-end database.
Electronic display modules are basically attached to the front edge of retail shelving. The automatic updating of product pricing is done whenever a price is changed from a central control server. These labels eliminate the discrepancies in selling price of the products and display reliable pricing to the customers. The ESL system has a wide range of applications in various stores such as hypermarkets, supermarkets, non-food retail stores, specialty stores, and others.
The electronic shelf label market is highly competitive and the key strategies adopted by the key players are new product launch, product development, business expansion, merger, and acquisition. For instance, in January 2019, SES-imagotag established partnership with Ossia to develop wireless charging smart digital labels. Wireless charging is a key enabler for an extensive use of retail IoT solutions such as smart electronic shelf labels. Label lifetimes can expand their capacity of coin cell batteries through wireless power.
The trending automation in the retail industry is the key factor that drives the growth of the electronic shelf label market. Moreover, the necessity for more cost-efficient and less time-consuming alternative to paper labels fuel market growth. In addition, an increased operational efficiency with real-time product positioning due to the utilization of electronic shelf label boost market growth. However, high installation and infrastructure cost restrain market growth. Moreover, low return on investment is also expected to hamper the growth of the electronic shelf label market.
The electronic shelf label market is segmented on the basis of product type, component, communication technology, store type, and region. Based on product type, the market is categorized into LCD, segmented E-Paper, and full-graphic E-paper. By component, it is divided into displays, batteries, transceiver, microprocessors, and others. Based on product type, the market is categorized into LCD, segmented E-Paper, and full-graphic E-paper.
Key Players:
- Pricer
- Displaydata
- E Ink Holdings
- Samsung Electro- Mechanic
- Diebold Nixdorf
- Altieer
- SES-imagotag
- Clearink Display
- Panasonic Corporation
- NCR Corporation
- SoluM Co., Ltd.
Key Topics Covered:
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Impacting Factors
2.1.2. Top Investment Pockets
2.2. CXO Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Porter'sFive Forces Analysis
3.3. Patent Analysis
3.3.1. By Region (2012-2017)
3.3.2. By Applicant
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Change in Trends in Retail Automation
3.4.1.2. Surge in Demand for Business Process Optimization in Retail Sector
3.4.1.3. Surge in Purchasing Power of Consumers and Economic Growth
3.4.2. Restraints
3.4.2.1. High Expenditure Required for Installation of Esl and Supportive Infrastructure
3.4.3. Opportunities
3.4.3.1. Technological Advancements With Real-Time Data Analysis
3.4.3.2. Growth Potential of E-Paper Technology in Untapped Markets
3.4.4. Challenges
3.4.4.1. Low Labor Cost in Economically Developing Countries
3.5. Value Chain Analysis
3.5.1. Suppliers
3.5.2. Manufacturers
3.5.3. Sales Channel
3.5.4. End-users
Chapter 4: Electronic Shelf Label Market, by Product Type
4.1. Overview
4.2. Lcd
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Volume and Forecast, by Region
4.2.4. Display Cost Percentage Share
4.2.5. Market Analysis, by Country
4.3. Segmented E-Paper
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Volume and Forecast, by Region
4.3.4. Display Cost Percentage Share
4.3.5. Market Analysis, by Country
4.4. Full-Graphic E-Paper
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast, by Region
4.4.3. Market Volume and Forecast, by Region
4.4.4. Display Cost Percentage Share
4.4.5. Market Analysis, by Country
Chapter 5: Electronic Shelf Label Market, by Display Size
5.1. Overview
5.2. Less Than 3 Inch
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Volume and Forecast, by Region
5.2.4. Market Analysis, by Country
5.3.3 Inch to 7 Inch
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Volume and Forecast, by Region
5.3.4. Market Analysis, by Country
5.4.7 Inch to 10 Inch
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Volume and Forecast, by Region
5.4.4. Market Analysis, by Country
5.5. More Than 10 Inch
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Volume and Forecast, by Region
5.5.4. Market Analysis, by Country
5.6. Lcd Percentage Share in All Display Sizes
5.7. Aspect Ratio
Chapter 6: Electronic Shelf Label Market, by Component
6.1. Overview
6.2. Displays
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Volume and Forecast, by Region
6.2.4. Market Analysis, by Country
6.3. Batteries
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Volume and Forecast, by Region
6.3.4. Market Analysis, by Country
6.4. Transceiver
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast, by Region
6.4.3. Market Volume and Forecast, by Region
6.4.4. Market Analysis, by Country
6.5. Microprocessor
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast, by Region
6.5.3. Market Volume and Forecast, by Region
6.5.4. Market Analysis, by Country
6.6. Others
6.6.1. Key Market Trends, Growth Factors, and Opportunities
6.6.2. Market Size and Forecast, by Region
6.6.3. Market Volume and Forecast
6.6.4. Market Analysis, by Country
Chapter 7: Electronic Shelf Label Market, by Communication Technology
7.1. Overview
7.2. Radio Frequency
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Region
7.2.3. Market Volume and Forecast, by Region
7.2.4. Market Analysis, by Country
7.3. Infrared
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Region
7.3.3. Market Volume and Forecast, by Region
7.3.4. Market Analysis, by Country
7.4. Near Field Communication (Nfc)
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Region
7.4.3. Market Volume and Forecast, by Region
7.4.4. Market Analysis, by Country
7.5. Others
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast, by Region
7.5.3. Market Volume and Forecast, by Region
7.5.4. Market Analysis, by Country
Chapter 8: Electronic Shelf Label Market, by Store Type
8.1. Overview
8.2. Hypermarkets
8.2.1. Key Market Trends, Growth Factors, and Opportunities
8.2.2. Market Size and Forecast, by Region
8.2.3. Market Volume and Forecast, by Region
8.2.4. Market Analysis, by Country
8.3. Supermarkets
8.3.1. Key Market Trends, Growth Factors, and Opportunities
8.3.2. Market Size and Forecast, by Region
8.3.3. Market Volume and Forecast, by Region
8.3.4. Market Analysis, by Country
8.4. Non-Food Retail Stores
8.4.1. Key Market Trends, Growth Factors, and Opportunities
8.4.2. Market Size and Forecast, by Region
8.4.3. Market Volume and Forecast, by Region
8.4.4. Market Analysis, by Country
8.5. Specialty Stores
8.5.1. Key Market Trends, Growth Factors, and Opportunities
8.5.2. Market Size and Forecast, by Region
8.5.3. Market Volume and Forecast, by Region
8.5.4. Market Analysis, by Country
8.6. Others
8.6.1. Key Market Trends, Growth Factors, and Opportunities
8.6.2. Market Size and Forecast, by Region
8.6.3. Market Volume and Forecast, by Region
8.6.4. Market Analysis, by Country
Chapter 9: Electronic Shelf Label Market, by Region
9.1. Overview
9.2. North America
9.3. Europe
9.4. Asia-Pacific
9.5. LAMEA
Chapter 10: Competitive Landscape
10.1. Introduction
10.1.1. Market Player Positioning, 2019
10.1.2. Market Share Analysis, 2019 (%)
10.2. Top Winning Strategies
10.3. Product Mapping of Top 10 Player
10.4. Competitive Dashboard
10.5. Competitive Heatmap
Chapter 11: Company Profile
11.1. E Ink Holdings Inc.
11.1.1. Company Overview
11.1.2. Key Executive
11.1.3. Operating Business Segments
11.1.4. Product Portfolio
11.1.5. R&D Expenditure
11.1.6. Business Performance
11.1.7. Key Strategic Moves and Developments
11.2. Diebold Nixdorf, Incorporated
11.3. Samsung Electro-Mechanics
11.4. Pricer Ab
11.5. Displaydata Limited
11.6. Panasonic Corporation
11.7. Ncr Corporation
11.8. Altierre Corporation
11.9. Ses-Imagotag
11.10. Clearink Displays, Inc.
11.11. Solum Co. Ltd.
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Global Electronic Shelf Label Market (2020 to 2027) - By Product Type, Component, Display Size, Communication Technology and Store Type - GlobeNewswire
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