Electronic Shelf Labels Market in the US 2017-2021 - Product Image

Electronic Shelf Labels Market in the US 2017-2021

  • ID: 4225889
  • Report
  • Region: United States
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Altierre
  • Displaydata.com
  • E Ink
  • Eltrade
  • LG Innotek
  • Pricer
  • MORE
About Electronic Shelf Labels

An ESL is a system used by retailers to display the price of the product on the shelf and the information related to it. An ESL is usually attached to the front edge of a retail shelf. It uses LCD or similar technology for displaying the product information. The product price displayed on an ESL is automatically updated whenever the price is changed. This change can be made with the help of a communication network based on infrared, radio frequency, or visible light technology. The ESL market in Europe, the Middle East, and Africa (EMEA) is growing at a significant pace with a high penetration of ESLs in supermarkets and a rise in labor costs. The increase in the demand for ESLs from countries such as France, Germany, Poland, the UK, and Spain is also driving the market.

The analysts forecast the electronic shelf labels market in the US to grow at a CAGR of 20.04% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the electronic shelf labels market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated from maintenance and upgradation of ESLs is not included in the market size.

The report, Electronic Shelf Labels Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Altierre
- Displaydata.com
- Pricer
- SES-imagotag
- Teraoka Seiko

Other prominent vendors
- Advantech
- E Ink
- Eltrade
- LG Innotek
- NZ Electronic Shelf Labeling
- SAMSUNG ELECTRO-MECHANICS
- S o l u M
- Toshiba Global Commerce Solutions
- Wuxi Wei Feng Technology

Market drivers
- Premiumization through product and feature innovation.
- For a full, detailed list, view the full report

Market challenges
- High initial investment along with potential benefits not well realized by retailers globally.
- For a full, detailed list, view the full report

Market trends
- Increasing focus on more energy-efficient ESLs.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • Altierre
  • Displaydata.com
  • E Ink
  • Eltrade
  • LG Innotek
  • Pricer
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Introduction
  • Market outline: Global ESL Market
PART 04: Economic indicators
  • Economic indicators in the US
PART 05: Market landscape
  • ESL market in the US: An overview
  • Five forces analysis
PART 06: Market segmentation by retail store format
  • Market overview
  • ESL market in the US by supermarkets, hypermarkets, and department stores
  • ESL market in the US by convenience stores (including specialty retailers)
  • ESL market in the US by drugstores and pharmacies
PART 07: Market segmentation by wireless solution
  • ESL market in the US by wireless solution
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Growing demand for smart ESLs
  • Increasing focus on more energy-efficient ESLs
PART 11: Vendor landscape
  • Competitive scenario
PART 12: Key vendor analysis
  • Altierre
  • Displaydata.com
  • Pricer
  • SES-imagotag
  • Teraoka Seiko
  • Other prominent vendors
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global ESL market 2016-2021 ($ millions)
Exhibit 02: Internet penetration in the US 2011-2015 (%)
Exhibit 03: Mobile cellular subscription rate in the US 2010-2015
Exhibit 04: Urban population in the US 2010-2015
Exhibit 05: ESL market in the US
Exhibit 06: ESL system framework
Exhibit 07: ESL market in the US 2016-2021 ($ millions)
Exhibit 08: Five forces analysis
Exhibit 09: ESL market in the US by retail store format 2016 (% share)
Exhibit 10: ESL market in the US by retail store format 2021 (% share)
Exhibit 11: ESL market in the US by supermarkets, hypermarkets, and department stores 2016-2021 ($ millions)
Exhibit 12: ESL market in the US by convenience stores (including specialty retailers) 2016-2021 ($ millions)
Exhibit 13: ESL market in the US by drugstores and pharmacies 2016-2021 ($ millions)
Exhibit 14: ESL market in the US by wireless solution 2016 (% share)
Exhibit 15: Key players in the ESL market in the US
Exhibit 16: Competitive assessment of top five vendors
Exhibit 17: Altierre: Product portfolio
Exhibit 18: Displaydata.com: Solutions portfolio
Exhibit 19: Pricer: Geographical segmentation by revenue 2015 (% share in millions)
Exhibit 20: SES-imagotag: Business segmentation by revenue in terms of installed base and new installations 2015 ($ millions)
Exhibit 21: SES-imagotag: Geographical segmentation by revenue 2015 (% share in millions)
Exhibit 22: Teraoka Seiko: Product portfolio
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FEATURED COMPANIES

  • Altierre
  • Displaydata.com
  • E Ink
  • Eltrade
  • LG Innotek
  • Pricer
  • MORE
New Report Released: – Electronic Shelf Labels Market in the US 2017-2021

The author of the report recognizes the following companies as the key players in the electronic shelf labels market in the US: Altierre, Displaydata.com, Pricer, SES-imagetag, and Teraoka Seiko.

Other Prominent Vendors in the market are: ESL market include Advantech, E Ink, Eltrade, LG Innotek, NZ Electronic Shelf Labeling, SAMSUNG ELECTRO-MECHANICS, S o l u M Toshiba Global Commerce Solutions, and Wuxi Wei Feng Technology.

Commenting on the report, an analyst from the research team said: “One trend in market is growing demand for smart ESLs. The demand for smart ESLs is growing across the world, which provides an opportunity for ESL players in the US to sell their smart ESLs to retailers operating in the country. For instance, Pricer offers smart ESLs. Smart ESLs enable retailers to add more data to the labels, including promotional messages, promotional discounts, and stock information that boost the sales and improve the in-store experience.”

According to the report, one driver in market is premiumization through product and feature innovation. With the rapid growth of the retail market in the US, players operating in the country's ESL market are now focusing on developing ESLs with innovative features. For instance, retailers are adding NFC-enabled labels or QR codes to link customers to respective sites, online marketing campaigns, reviews, or social media. The growing internet reach and smartphone penetration rates are transforming the way retailers operate. Due to the emergence of various digital channels, consumers today are more connected, better informed, and demand for better services. To adapt to these changes and leverage them, retail stores need to reinvent themselves by adopting digital technology and assist consumers at the POS. Adopting the omni-channel strategy might also prove to be beneficial for retailers.

Further, the report states that one challenges in market is industry moving toward affordable solutions. The price of ESLs has come down drastically. The average cost of an ESL is $6. Many players in the market are investing in R&D for the development of low-cost ESLs due to the growing competition among the existing players in the market. The revenue model of most vendors is dependent on partnerships. If any player in the market is entering a partnership with retailers, then that player has the potential to make a profit. The players should sell high-quality ESLs to make profit, as the price of ESLs is low. This creates a price challenge for players. Profit will happen only through the partnerships with the leading retailers in the US.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Altierre
  • Displaydata.com
  • Pricer
  • SES-imagetag
  • Teraoka Seiko
  • ESL market include Advantech
  • E Ink
  • Eltrade
  • LG Innotek
  • NZ Electronic Shelf Labeling
  • SAMSUNG ELECTRO-MECHANICS
  • S o l u M Toshiba Global Commerce Solutions
  • Wuxi Wei Feng Technology.
Note: Product cover images may vary from those shown
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