Market Overview:
The global electronic shelf label market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for digital signage solutions, advancements in technology, and growing retail sector. Based on type, the global electronic shelf label market is segmented into liquid crystal display (LCD) displays and e papers displays. LCD displays are further sub-segmented into monochrome LCDs and color LCDs. E papers displays are further sub-segmented into black-and-white e papers and color e papers. In terms of application, the global electronic shelf label market is segmented into department stores/mass merchandise, grocery/supermarket, drug stores, specialty stores, and others. Department stores/mass merchandise held the largest share of the global electronic shelf label market in 2017 owing to rising demand for digital signage solutions from retailers across different sectors such as apparel & footwear, food & beverage etc.
Product Definition:
An electronic shelf label (ESL) is a small, wireless device that attaches to the edge of a shelf in a store and communicates with a central computer system. The ESL sends information about the products on the shelf to the computer system, which can then be used to manage inventory, track prices and promotions, and provide other information about the products to customers.
Liquid Crystal Display (LCD) Displays:
Liquid crystal display (LCD) displays are used in electronic shelf labels for retail and other promotional purposes. They are majorly used in mobile phones, computers, television sets and digital cameras. The technology is a niche market on account of its limited applications but growing popularity among the manufacturers as it offers high resolution at low costs.
E papers Displays:
E-papers displays are made from electronic paper and they are the latest technological innovation in the display industry. They have a wide viewing angle, high contrast, low power consumption, and high durability characteristics which make them an ideal choice for various applications such as shelf labeling. Electronic paper uses include e-books readers, electronic whiteboards & markers (EWB), digital photo frames & picture displaying software etc.
Application Insights:
The market is segmented into department stores/mass merchandise, grocery/supermarket, drug stores, specialty stores and others. The mass merchandising application segment dominated the overall industry in 2017 owing to the high penetration of this retailing method across various regions. Electronic shelf labels are used for displaying product information such as price, availability and promotional offers which helps in improving customer¢â‚¬â„¢s shopping experience.
Electronic shelf labels can be attached to products displayed in a supermarket or food store so that customers can scan them with their smartphones for more information about the product or its price before buying it. The use of electronic shelf labels has increased significantly over the past few years due to their ability to provide additional information about products which helps customers make better decisions while shopping thereby driving demand from grocery/supermarket segments among other applications.
Regional Analysis:
North America is expected to be the largest market for electronic shelf labels and accounted for more than 35% of the global revenue in 2017. The U.S., being one of the most developed countries, has a well-established supply chain and distribution network, which enables it to dominate in terms of sales as well as imports & exports across regions. This scenario is reflected in various trade associations such as Electronic Industries Association (EIA) that was formed by companies including LG Display Co., Samsung Electronics Co., Sony Corporation, Panasonic Corporation among others with an aim to promote American electronics manufacturing industry globally through trade associations such as EIA and also provide technical assistance where needed.
Growth Factors:
- Increasing demand for convenience and efficiency in retail stores
- Rising number of organized retail stores
- Proliferation of smart devices and the internet of things (IoT)
- Growing trend of online shopping
- Advances in digital printing technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Shelf Label Market Research Report
By Type
Liquid Crystal Display (LCD) Displays, E papers Displays
By Application
Department Stores/Mass Merchandise, Grocery/Supermarket, Drug Stores, Specialty Stores, Others
By Companies
SES (imagotag), Pricer, Samsung, E Ink, Displaydata, Opticon Sensors Europe B.V, DIGI, Hanshow Technology, LG innotek, Panasonic, Altierre
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Shelf Label Market Report Segments:
The global Electronic Shelf Label market is segmented on the basis of:
Types
Liquid Crystal Display (LCD) Displays, E papers Displays
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Department Stores/Mass Merchandise, Grocery/Supermarket, Drug Stores, Specialty Stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SES (imagotag)
- Pricer
- Samsung
- E Ink
- Displaydata
- Opticon Sensors Europe B.V
- DIGI
- Hanshow Technology
- LG innotek
- Panasonic
- Altierre
Highlights of The Electronic Shelf Label Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Crystal Display (LCD) Displays
- E papers Displays
- By Application:
- Department Stores/Mass Merchandise
- Grocery/Supermarket
- Drug Stores
- Specialty Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Shelf Label Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electronic shelf label is a type of labeling system that uses an electronic device to print or display product information. The labels can be attached to products as they are stored on shelves, or they can be downloaded and printed at a later time.
Some of the major players in the electronic shelf label market are SES (imagotag), Pricer, Samsung, E Ink, Displaydata, Opticon Sensors Europe B.V, DIGI, Hanshow Technology, LG innotek, Panasonic, Altierre.
The electronic shelf label market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Shelf Label Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Shelf Label Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Shelf Label Market - Supply Chain
4.5. Global Electronic Shelf Label Market Forecast
4.5.1. Electronic Shelf Label Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Shelf Label Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Shelf Label Market Absolute $ Opportunity
5. Global Electronic Shelf Label Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electronic Shelf Label Market Size and Volume Forecast by Type
5.3.1. Liquid Crystal Display (LCD) Displays
5.3.2. E papers Displays
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Shelf Label Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electronic Shelf Label Market Size and Volume Forecast by Application
6.3.1. Department Stores/Mass Merchandise
6.3.2. Grocery/Supermarket
6.3.3. Drug Stores
6.3.4. Specialty Stores
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Shelf Label Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electronic Shelf Label Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electronic Shelf Label Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electronic Shelf Label Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electronic Shelf Label Demand Share Forecast, 2019-2026
9. North America Electronic Shelf Label Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electronic Shelf Label Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electronic Shelf Label Market Size and Volume Forecast by Application
9.4.1. Department Stores/Mass Merchandise
9.4.2. Grocery/Supermarket
9.4.3. Drug Stores
9.4.4. Specialty Stores
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Shelf Label Market Size and Volume Forecast by Type
9.7.1. Liquid Crystal Display (LCD) Displays
9.7.2. E papers Displays
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electronic Shelf Label Demand Share Forecast, 2019-2026
10. Latin America Electronic Shelf Label Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electronic Shelf Label Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electronic Shelf Label Market Size and Volume Forecast by Application
10.4.1. Department Stores/Mass Merchandise
10.4.2. Grocery/Supermarket
10.4.3. Drug Stores
10.4.4. Specialty Stores
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Shelf Label Market Size and Volume Forecast by Type
10.7.1. Liquid Crystal Display (LCD) Displays
10.7.2. E papers Displays
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electronic Shelf Label Demand Share Forecast, 2019-2026
11. Europe Electronic Shelf Label Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electronic Shelf Label Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electronic Shelf Label Market Size and Volume Forecast by Application
11.4.1. Department Stores/Mass Merchandise
11.4.2. Grocery/Supermarket
11.4.3. Drug Stores
11.4.4. Specialty Stores
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Shelf Label Market Size and Volume Forecast by Type
11.7.1. Liquid Crystal Display (LCD) Displays
11.7.2. E papers Displays
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electronic Shelf Label Demand Share, 2019-2026
12. Asia Pacific Electronic Shelf Label Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electronic Shelf Label Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electronic Shelf Label Market Size and Volume Forecast by Application
12.4.1. Department Stores/Mass Merchandise
12.4.2. Grocery/Supermarket
12.4.3. Drug Stores
12.4.4. Specialty Stores
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Shelf Label Market Size and Volume Forecast by Type
12.7.1. Liquid Crystal Display (LCD) Displays
12.7.2. E papers Displays
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electronic Shelf Label Demand Share, 2019-2026
13. Middle East & Africa Electronic Shelf Label Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electronic Shelf Label Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electronic Shelf Label Market Size and Volume Forecast by Application
13.4.1. Department Stores/Mass Merchandise
13.4.2. Grocery/Supermarket
13.4.3. Drug Stores
13.4.4. Specialty Stores
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Shelf Label Market Size and Volume Forecast by Type
13.7.1. Liquid Crystal Display (LCD) Displays
13.7.2. E papers Displays
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electronic Shelf Label Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electronic Shelf Label Market: Market Share Analysis
14.2. Electronic Shelf Label Distributors and Customers
14.3. Electronic Shelf Label Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SES (imagotag)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pricer
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Samsung
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. E Ink
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Displaydata
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Opticon Sensors Europe B.V
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DIGI
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hanshow Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LG innotek
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Panasonic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Altierre
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
