Global Electronic Shelf Label Market Forecast to 2027
The global electronic shelf label market is expected to reach USD 3.14 Billion by 2027, according to a new report by Reports and Data. Electronic shelf labels (ESLs) are observing an escalation in demand for their use in exhibiting product prices in retail stores. These are generally affixed to retail shelves’ front edge and employs LCD or E Ink™ displays and centralized pricing system (to align and coordinate fluctuations in pricing across different levels) to present the current product prices to the customers. Further, ESLs allow for dynamic pricing that adapts to several factors such as an increase in price to consider low inventory; or drop in price to get a competitive edge or allow for the rapid sale of items that are approaching their expiration date.
The report also covers the impact of the COVID-19 pandemic on the Electronic Shelf Label market and major segments. The pandemic has affected every industry vertical either positively or negatively. The report discusses in detail the changes in the demands and trends and the major challenges of the market created due to the pandemic. The report also offers a thorough current and future analysis of the impact of the COVID-19 pandemic on the overall growth of the market.
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The report presents a panoramic view of the competitive landscape of the Electronic Shelf Label market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry. The report also focuses on strategic alliances in the Electronic Shelf Label market, such as mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, licensing agreements, partnerships, corporate and government deals, and others.
Top Players Analyzed in the Report are:
Pricer, Displaydata, Samsung Electro-Mechanics, Diebold Nixdorf, SES-Imagotag, M2communication, Teraoka Seiko, E Ink Holdings, Panasonic Corporation, and Clearink Display, among others.
For a comprehensive value chain analysis, the report covers the downstream and upstream essentials of the Electronic Shelf Label market. It also pays special focus on the growth process, macro- and micro-economic factors, raw material sources analysis, and other technical data. The report further segments the market on the basis of types, applications, and regions and offers insights into the segments that have the highest penetration and profit margin, along with recent developments based on geographies.
Type Outlook (Revenue, USD Million; 2017-2027)
- LCD
- Segmented E-Paper
- Full Graphic E-Paper
Technology Outlook (Revenue, USD Million; 2017-2027)
- Radio Frequency
- Infrared
- Near Field Communication
- Others
Component Outlook (Revenue, USD Million; 2017-2027)
- Displays
- Batteries
- Microprocessors
- Transceivers
- Others
Store Type Outlook (Revenue, USD Million; 2017-2027)
- Super Markets
- Hyper Markets
- Specialty Stores
- Non-Food Retail Store
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Benefits of Global Electronic Shelf Label Market Report:
- Comprehensive analysis of the changing market dynamics
- A futuristic outlook on different factors influencing the market
- An 8-year forecast of the market growth and expected revenue growth
- Ease of understanding of the market, key segments, and their future growth
- In-depth analysis of the competitive landscape to give an advantageous edge for the companies
- Extensive insight into the market with in-depth analysis of the segmentation
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