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Electronic Shelf Label Market by Product Type Component Communication Technology and Store Type: Global Opportunity Analysis and Industry Forecast, 2019-2026

  • ID: 4989534
  • Report
  • November 2019
  • Region: Global
  • 291 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • Altieer
  • Clearink Display
  • Diebold Nixdorf
  • Displaydata
  • E Ink Holdings
  • Opticon Sensors Europe
  • MORE
The electronic shelf label market size was valued at $624.70 million in 2018, and is projected to reach $2.16 billion by 2026, growing at a CAGR of 16.70% from 2019 to 2026. 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 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 fuels the market growth. In addition, increased operational efficiency with real-time product positioning due to the utilization of electronic shelf label boost the market growth. However, high installation and infrastructure cost restrain the 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 based on 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 communication technology, it is segmented into radio frequency, infrared, near field communication, and others. By store type, it is classified into hypermarkets, supermarkets, non-food retail stores, specialty stores, and others. Based on region, the market is analyzed across Europe, Asia-Pacific, North America, and LAMEA.

The major companies profiled in the global electronic shelf label industry include Pricer, SES-imagotag, Samsung Electro-Mechanics, E Ink Holdings, Displaydata, M2Communication, Diebold Nixdorf, Clearink Display, Opticon Sensors Europe, and NZ Electronic Shelf Labelling.

KEY MARKET SEGMENTS

BY PRODUCT TYPE
  • LCD
  • Segmented E-Paper
  • Full-Graphic E-Paper
By Component
  • Displays
  • Batteries
  • Transceiver
  • Microprocessors
  • Others
By Communication Technology
  • Radio Frequency
  • Infrared
  • Near Field Communication
  • Others
By Store Type
  • Hypermarkets
  • Supermarkets
  • Non-Food Retail Stores
  • Specialty Stores
  • Others
By Region
  • North America
  • U.S.
  • Mexico
  • Canada
  • Europe
  • Germany
  • France
  • UK
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • South Korea
  • Singapore
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East & Africa
Key Players
  • Pricer
  • Displaydata
  • E Ink Holdings
  • Samsung Electro- Mechanic
  • Diebold Nixdorf
  • Altieer
  • SES-imagotag
  • Clearink Display
  • Opticon Sensors Europe
  • NZ Electronic Shelf Labelling
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Altieer
  • Clearink Display
  • Diebold Nixdorf
  • Displaydata
  • E Ink Holdings
  • Opticon Sensors Europe
  • MORE
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’s Five 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. Changing 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. Opportunity
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

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 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 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 Analysis, By Country

Chapter 5: Electronic Shelf Label Market, By Component
5.1. Overview
5.2. Displays
5.2.1. Key Market Trends, Growth Factors, And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis, By Country
5.3. Batteries
5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis, By Country
5.4. Transceiver
5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis, By Country
5.5. Microprocessor
5.5.1. Key Market Trends, Growth Factors, And Opportunities
5.5.2. Market Size And Forecast, By Region
5.5.3. Market Analysis, By Country
5.6. Others
5.6.1. Key Market Trends, Growth Factors, And Opportunities
5.6.2. Market Size And Forecast, By Region
5.6.3. Market Analysis, By Country

Chapter 6: Electronic Shelf Label Market, By Communication Technology
6.1. Overview
6.2. Radio Frequency
6.2.1. Key Market Trends, Growth Factors, And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis, By Country
6.3. Infrared
6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Analysis, By Country
6.4. Near Field Communication (Nfc)
6.4.1. Key Market Trends, Growth Factors, And Opportunities
6.4.2. Market Size And Forecast, By Region
6.4.3. Market Analysis, By Country
6.5. Others
6.5.1. Key Market Trends, Growth Factors, And Opportunities
6.5.2. Market Size And Forecast, By Region
6.5.3. Market Analysis, By Country

Chapter 7: Electronic Shelf Label Market, By Store Type
7.1. Overview
7.2. Hypermarkets
7.2.1. Key Market Trends, Growth Factors, And Opportunities
7.2.2. Market Size And Forecast, By Region
7.2.3. Market Analysis, By Country
7.3. Supermarkets
7.3.1. Key Market Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast, By Region
7.3.3. Market Analysis, By Country
7.4. Non-Food Retail Stores
7.4.1. Key Market Trends, Growth Factors, And Opportunities
7.4.2. Market Size And Forecast, By Region
7.4.3. Market Analysis, By Country
7.5. Specialty Stores
7.5.1. Key Market Trends, Growth Factors, And Opportunities
7.5.2. Market Size And Forecast, By Region
7.5.3. Market Analysis, By Country
7.6. Others
7.6.1. Key Market Trends, Growth Factors, And Opportunities
7.6.2. Market Size And Forecast, By Region
7.6.3. Market Analysis, By Country

Chapter 8: Electronic Shelf Label Market, By Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends, Growth Factors, And Opportunities
8.2.2. Market Size And Forecast, By Product Type
8.2.3. Market Size And Forecast, By Component
8.2.4. Market Size And Forecast, By Communication Technology
8.2.5. Market Size And Forecast, By Store Type
8.2.6. Market Analysis, By Country
8.2.6.1. U.S.
8.2.6.1.1. Market Size And Forecast, By Product Type
8.2.6.1.2. Market Size And Forecast, By Component
8.2.6.1.3. Market Size And Forecast, By Communication Technology
8.2.6.1.4. Market Size And Forecast, By Store Type
8.2.6.2. Canada
8.2.6.2.1. Market Size And Forecast, By Product Type
8.2.6.2.2. Market Size And Forecast, By Component
8.2.6.2.3. Market Size And Forecast, By Communication Technology
8.2.6.2.4. Market Size And Forecast, By Store Type
8.2.6.3. Mexico
8.2.6.3.1. Market Size And Forecast, By Product Type
8.2.6.3.2. Market Size And Forecast, By Component
8.2.6.3.3. Market Size And Forecast, By Communication Technology
8.2.6.3.4. Market Size And Forecast, By Store Type
8.3. Europe
8.3.1. Key Market Trends, Growth Factors, And Opportunities
8.3.2. Market Size And Forecast, By Product Type
8.3.3. Market Size And Forecast, By Component
8.3.4. Market Size And Forecast, By Communication Technology
8.3.5. Market Size And Forecast, By Store Type
8.3.6. Market Analysis, By Country
8.3.6.1. Germany
8.3.6.1.1. Market Size And Forecast, By Product Type
8.3.6.1.2. Market Size And Forecast, By Component
8.3.6.1.3. Market Size And Forecast, By Communication Technology
8.3.6.1.4. Market Size And Forecast, By Store Type
8.3.6.2. France
8.3.6.2.1. Market Size And Forecast, By Product Type
8.3.6.2.2. Market Size And Forecast, By Component
8.3.6.2.3. Market Size And Forecast, By Communication Technology
8.3.6.2.4. Market Size And Forecast, By Store Type
8.3.6.3. UK
8.3.6.3.1. Market Size And Forecast, By Product Type
8.3.6.3.2. Market Size And Forecast, By Component
8.3.6.3.3. Market Size And Forecast, By Communication Technology
8.3.6.3.4. Market Size And Forecast, By Store Type
8.3.6.4. Rest Of Europe
8.3.6.4.1. Market Size And Forecast, By Product Type
8.3.6.4.2. Market Size And Forecast, By Component
8.3.6.4.3. Market Size And Forecast, By Communication Technology
8.3.6.4.4. Market Size And Forecast, By Store Type
8.4. Asia-Pacific
8.4.1. Key Market Trends, Growth Factors, And Opportunities
8.4.2. Market Size And Forecast, By Product Type
8.4.3. Market Size And Forecast, By Component
8.4.4. Market Size And Forecast, By Communication Technology
8.4.5. Market Size And Forecast, By Store Type
8.4.6. Market Analysis, By Country
8.4.6.1. Japan
8.4.6.1.1. Market Size And Forecast, By Product Type
8.4.6.1.2. Market Size And Forecast, By Component
8.4.6.1.3. Market Size And Forecast, By Communication Technology
8.4.6.1.4. Market Size And Forecast, By Store Type
8.4.6.2. China
8.4.6.2.1. Market Size And Forecast, By Product Type
8.4.6.2.2. Market Size And Forecast, By Component
8.4.6.2.3. Market Size And Forecast, By Communication Technology
8.4.6.2.4. Market Size And Forecast, By Store Type
8.4.6.3. South Korea
8.4.6.3.1. Market Size And Forecast, By Product Type
8.4.6.3.2. Market Size And Forecast, By Component
8.4.6.3.3. Market Size And Forecast, By Communication Technology
8.4.6.3.4. Market Size And Forecast, By Store Type
8.4.6.4. Singapore
8.4.6.4.1. Market Size And Forecast, By Product Type
8.4.6.4.2. Market Size And Forecast, By Component
8.4.6.4.3. Market Size And Forecast, By Communication Technology
8.4.6.4.4. Market Size And Forecast, By Store Type
8.4.6.5. Rest Of Asia-Pacific
8.4.6.5.1. Market Size And Forecast, By Product Type
8.4.6.5.2. Market Size And Forecast, By Component
8.4.6.5.3. Market Size And Forecast, By Communication Technology
8.4.6.5.4. Market Size And Forecast, By Store Type
8.5. LAMEA
8.5.1. Key Market Trends, Growth Factors, And Opportunities
8.5.2. Market Size And Forecast, By Product Type
8.5.3. Market Size And Forecast, By Component
8.5.4. Market Size And Forecast, By Communication Technology
8.5.5. Market Size And Forecast, By Store Type
8.5.6. Market Analysis, By Country
8.5.6.1. Latin America
8.5.6.1.1. Market Size And Forecast, By Product Type
8.5.6.1.2. Market Size And Forecast, By Component
8.5.6.1.3. Market Size And Forecast, By Communication Technology
8.5.6.1.4. Market Size And Forecast, By Store Type
8.5.6.2. Middle East & Africa
8.5.6.2.1. Market Size And Forecast, By Product Type
8.5.6.2.2. Market Size And Forecast, By Component
8.5.6.2.3. Market Size And Forecast, By Communication Technology
8.5.6.2.4. Market Size And Forecast, By Store Type

Chapter 9: Competitive Landscape
9.1. Introduction
9.1.1. Market Player Positioning, 2018
9.1.2. Market Share Analysis, 2018 (%)
9.2. Top Winning Strategies
9.3. Product Mapping Of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap

Chapter 10: Company Profile
10.1. E Ink Holdings Inc.
10.1.1. Company Overview
10.1.2. Key Executive
10.1.3. Operating Business Segments
10.1.4. Product Portfolio
10.1.5. R&D Expenditure
10.1.6. Business Performance
10.1.7. Key Strategic Moves And Developments
10.2. Diebold Nixdorf, Incorporated
10.2.1. Company Overview
10.2.2. Key Executive
10.2.3. Company Snapshot
10.2.4. Operating Business Segments
10.2.5. Product Portfolio
10.2.6. R&D Expenditure
10.2.7. Business Performance
10.3. Samsung Electro-Mechanics
10.3.1. Company Overview
10.3.2. Key Executive
10.3.3. Company Snapshot
10.3.4. Operating Business Segments
10.3.5. Product Portfolio
10.3.6. Business Performance
10.4. Pricer Ab
10.4.1. Company Overview
10.4.2. Key Executive
10.4.3. Company Snapshot
10.4.4. Product Portfolio
10.4.5. Business Performance
10.4.6. Key Strategic Moves And Developments
10.5. Displaydata Limited
10.5.1. Company Overview
10.5.2. Key Executive
10.5.3. Company Snapshot
10.5.4. Product Portfolio
10.5.5. Key Strategic Moves And Developments
10.6. Panasonic Corporation
10.6.1. Company Overview
10.6.2. Key Executives
10.6.3. Company Snapshot
10.6.4. Operating Business Segments
10.6.5. Product Portfolio
10.6.6. R&D Expenditure
10.6.7. Business Performance
10.6.8. Key Strategic Moves And Developments
10.7. Ncr Corporation
10.7.1. Company Overview
10.7.2. Key Executives
10.7.3. Company Snapshot
10.7.4. Operating Business Segments
10.7.5. Product Portfolio
10.7.6. R&D Expenditure
10.7.7. Business Performance
10.8. Altierre Corporation
10.8.1. Company Overview
10.8.2. Key Executives
10.8.3. Company Snapshot
10.8.4. Product Portfolio
10.8.5. Key Strategic Moves And Developments
10.9. Ses-Imagotag
10.9.1. Company Overview
10.9.2. Key Executive
10.9.3. Company Snapshot
10.9.4. Product Portfolio
10.9.5. Business Performance
10.9.6. Key Strategic Moves And Developments
10.10. Clearink Displays, Inc
10.10.1. Company Overview
10.10.2. Key Executives
10.10.3. Company Snapshot
10.10.4. Product Portfolio
10.10.5. Key Strategic Moves And Developments

*Full List of Tables and Figures Available on Enquiry.
Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • Altieer
  • Clearink Display
  • Diebold Nixdorf
  • Displaydata
  • E Ink Holdings
  • Opticon Sensors Europe
  • MORE
According to the report titled, 'Electronic Shelf Label Market by Product Type, Component, Communication Technology, and Store Type: Global Opportunity Analysis and Industry Forecast, 2019-2026', the electronic shelf label market size was valued at $624.70 million in 2018, and is projected to reach $2.16 billion by 2026, growing at a CAGR of 16.70% from 2019 to 2026.

Electronic shelf labels (ESL) is a type of dynamic display system used by retailers to display product information in retail store. This system transmits the product information that is updated in central server using low power radio frequency (RF) through the gateway. Shelf label is an emerging technology globally, which can help to remove the paper labels and automatically change the price tag every week. In addition, it also removes inconsistencies between the cash and shelf resister price and enable the flexibility to make the immediate price changes. Furthermore, each electronic shelf label (ESL) system has the LCD or E-ink display that shows the price and UPC of the product. 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 trending automation in the retail industry is the key factor that drives the electronic shelf label market growth. Moreover, the necessity for more cost-efficient and less time-consuming alternative to paper labels fuels the market growth. In addition, increased operational efficiency with real-time product positioning due to the utilization of electronic shelf label boost the market growth. However, high installation and infrastructure cost restrain the electronic shelf label market growth. Moreover, low return on investment is also expected to impede the growth of the electronic shelf label industry.

In January 2019, SES-imagotag established partnership with Ossia to develop wireless charging smart digital labels. Wireless charging is a key enabler for 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.

Full-graphic E-Paper segment is anticipated to witness highest growth rate during forecast period, owing to its advance features such as multi-color displays, wide visibility, and high aesthetics. Moreover, this energy efficient label can project graphical objects like logos, callouts, and others, which helps to optimize the real time positioning of product. Thus, these labels are anticipated to witness high growth rate during forecast period. Among store types, the hypermarkets segment secured highest revenue share in 2018 and is anticipated to follow same trend during forecast period.

Europe is the major revenue contributor, owing to the government initiatives and high presence of retail companies. The Asia-Pacific electronic shelf label market is expected to grow at the highest CAGR during the forecast period, due to higher customer interest, and easy availability of processing machinery, high growth of full graphic e-paper display, and increase in popularity of non-food retail store.

Key Finding of The Electronic Shelf Label Market:
By communication technology, the radio frequency segment contributed the maximum electronic shelf label market share in 2018, and is expected to maintain its lead throughout the forecast period.
By product type, the full-graphic E-paper segment is expected to grow at the highest CAGR during the forecast period.
By region, Asia-Pacific is expected to grow at the highest CAGR during the forecast period and is projected to dominate the electronic shelf label market in the future.
The major companies profiled in the report include Pricer, SES-imagotag, Samsung Electro-Mechanics, E Ink Holdings, Displaydata, Altieer, Diebold Nixdorf, Clearink Display, Opticon Sensors Europe, and NZ Electronic Shelf Labelling.
Note: Product cover images may vary from those shown
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  • Pricer
  • SES-imagotag
  • Samsung Electro-Mechanics
  • E Ink Holdings
  • Displaydata
  • Altieer
  • Diebold Nixdorf
  • Clearink Display
  • Opticon Sensors Europe
  • NZ Electronic Shelf Labelling.
Note: Product cover images may vary from those shown
5 of 5

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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