Retail automation has various advantages, including enhanced product supply efficiency, seamless administration of business platforms, improved power supply efficiency, and speedier checkout in retail establishments. Automation in the retail sector has risen dramatically in recent years as a result of factors such as the emergence of new supply channels and rising labour rates. Advanced retail technologies like as ESLs, self-checkout systems, and automated conveyors have gained enormous acceptance since they not only improve the shopping experience for customers but also decrease expenses for merchants. Customers worldwide are becoming more price-sensitive and price-informed, which has raised the requirement for smooth price changes, fueling market growth for retail automation solutions such as ESLs. Retailers’ desire to cut operating expenses by decreasing manual activities in shops is projected to drive an increase in demand for ESLs over the next five years. Furthermore, rising consumer spending power and economic growth in emerging nations such as China, South Korea, Italy, and others are encouraging growing worldwide use of retail automation systems.
The installation of electronic shelf labels is greatly hampered by expensive technical expenses. The installation of ESLs necessitates the inclusion of electrified shelves that are compatible with ESLs, which raises costs. Furthermore, merchants regularly assess both the benefits and the returns of solutions being implemented in stores. The cost of technology is a major constraint for an unorganized retail market, particularly in emerging economies such as South Korea and India, because the deployment of these labels not only necessitates large investments but also results in a lower return on investment (ROI).
Research Methodology:
After secondary research provided a fundamental understanding of the worldwide Electronic Shelf Label Market scenario, extensive primary research was carried out. A number of primary interviews were carried out with industry experts from the supply and demand sides, including C- and D-level executives, product managers, and marketing and sales managers of major manufacturers, distributors, and channel partners from tier 1 and tier 2 companies offering Electronic Shelf Label Market , as well as personnel from academia, research, and CROs. These interviews were conducted across five major regions: North America, Europe, Asia Pacific, and the Rest of the World (Latin America & the Middle East & Africa). Participants from the supply-side and demand-side participated in about 70% and 30% of the primary interviews, respectively. Through the use of questionnaires, emails, online surveys, in-person interviews, and phone interviews, this main data was gathered.
The segmentation coverage of the study is provided below.
Electronic Shelf Label Market based on Type:
- LCD Based
- E-Paper Based
- Segment E-Paper
- Graphic E-Paper
Electronic Shelf Label Market based on Technology:
- Vendor Facing Technology
- Consumer Facing Technology
Electronic Shelf Label Market based on End-use industry:
- Hypermarket/ Supermarket
- Non-food Retail Stores
- Specialty Stores
- Others
Electronic Shelf Label Market based on Geography:
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe (RoE)
- Asia Pacific (APAC)
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific (RoAPAC)
- Latin America (LATAM)
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa (MEA)
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
The market is divided into two types: LCD and E-paper. ESL solutions based on e-paper are projected to dominate the industry. The capacity of e-paper to display items in graphical form, along with the promise of increased energy efficiency, adds to this segment’s dominant market dominance.
For ESL offers, market participants are projected to favour e-paper. Innolux Corporation and E Ink Holdings Inc., for example, cooperated in May 2020 to produce large-sized Advanced Colour ePaper (ACeP) panels. The firms hope to develop the e-paper ecosystem and increase the e-paper business through this partnership. These e-papers will mostly be utilized for in-vehicle advertising and retail signs, among other things.
The e-paper-based sector is further subdivided into E-paper types, which include segment e-paper and graphic e-paper. High contrast capabilities and vast viewing angles, as well as reflective technologies with a maximum white backdrop, are projected to drive demand for graphic e-paper. Market participants provide customised sector e-paper solutions based on the needs of shops.
The global market is divided into two segments based on vendor facing technology: infrared and radio frequency. The radio frequency category is predicted to have a significant market share, whilst the infrared technology segment is expected to rise at a rapid pace throughout the forecast period.
Market participants provide ESL solutions based on infrared or radio frequency. Pricer AB, for example, provides in-store digital solutions based on infrared (IR) technology to improve store operations and customer experience. SoluM, on the other hand, provides radio frequency-based ESL solutions that function in 2.4 GHz and 900MHz RF systems.
The market is segmented into Bluetooth low energy and near field communication (NFC) by consumer facing technologies. Wireless technology advancements such as near-field communication (NFC) and Bluetooth low energy (BLE) are expected to propel the industry forward.
Near field communication (NFC)-enabled electronic shelf labels are expected to be the most popular technology among both customers and retailers. NFC technology enables enhanced inventory management by allowing for dynamic product pricing and promotional changes, as well as streamlining consumer interactions with NFC-enabled devices.
The market is divided into five key regions: North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Countries are subdivided from the regions.
- This report illustrates the most vital attributes of the Electronic Shelf Label Market, which are driving and providing opportunities.
- This research gives an in-depth analysis of the Electronic Shelf Label Market growth on the basis of several segments in the market.
- This report presents the predictions of the past and present trends of the Electronic Shelf Label Market.
- This study also presents the competitive analysis, such as key strategies and capabilities of major players of the Electronic Shelf Label Market.
List of Tables
TABLE 1. ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 2. ELECTRONIC SHELF LABEL MARKET VALUE FOR LCD BASE, BY GEOGRAPHY , 2021-2030 (USD BILLION)
TABLE 3. ELECTRONIC SHELF LABEL MARKET VALUE FOR E-PAPER BASED, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 4. ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 5. ELECTRONIC SHELF LABEL MARKET VALUE FOR VENDOR FACING TECHNOLOGY 2021-2030 (USD BILLION)
TABLE 6. ELECTRONIC SHELF LABEL MARKET VALUE FOR CONSUMER FACING TECHNOLOGY, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 7. ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 8. ELECTRONIC SHELF LABEL MARKET VALUE FOR SUPERMARKET/ HYPERMARKET 2021-2030 (USD BILLION)
TABLE 9. ELECTRONIC SHELF LABEL MARKET VALUE FOR NON-FOOD RETAIL STORES, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 10. ELECTRONIC SHELF LABEL MARKET VALUE FOR SPECIALITY STORES, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 11. ELECTRONIC SHELF LABEL MARKET VALUE FOR OTHERS, BY GEOGRAPHY, 2021-2030 (USD BILLION)
TABLE 12. NORTH AMERICA ELECTRONIC SHELF LABEL MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 13. NORTH AMERICA ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 14. NORTH AMERICA ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 15. NORTH AMERICA ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 16. U.S ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 17. U.S ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 18. U.S ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 19. CANADA ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 20. CANADA ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 21. CANADA ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 22. MEXICO ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 23. MEXICO ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 24. MEXICO ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 25. EUROPE ELECTRONIC SHELF LABEL MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 26. EUROPE ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 27. EUROPE ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 28. EUROPE ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 29. GERMANY ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 30. GERMANY ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 31. GERMANY ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 32. U.K ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 33. U.K ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 34. U.K ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 35. FRANCE ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 36. FRANCE ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 37. FRANCE ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 38. ITALY ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 39. ITALY ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 40. ITALY ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 41. SPAIN ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 42. SPAIN ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 43. SPAIN ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 44. ROE ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 45. ROE ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 46. ROE ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 47. ASIA PACIFIC ELECTRONIC SHELF LABEL MARKET VALUE, BY COUNTRY, 2021-2030 (USD BILLION)
TABLE 48. ASIA PACIFIC ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 49. ASIA PACIFIC ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 50. ASIA PACIFIC ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 51. CHINA ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 52. CHINA ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 53. CHINA ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 54. INDIA ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 55. INDIA ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 56. INDIA ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 57. JAPAN ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 58. JAPAN ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 59. JAPAN ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 60. REST OF APAC ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 61. REST OF APAC ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 62. REST OF APAC ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 63. LATIN AMERICA ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 64. LATIN AMERICA ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 65. LATIN AMERICA ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 66. BRAZIL ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 67. BRAZIL ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 68. BRAZIL ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 69. ARGENTINA ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 70. ARGENTINA ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 71. ARGENTINA ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 72. MIDDLE EAST AND AFRICA ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 73. MIDDLE EAST AND AFRICA ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 74. MIDDLE EAST AND AFRICA ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 75. SAUDI ARABIA ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 76. SAUDI ARABIA ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 77. SAUDI ARABIA ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 78. UAE ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 79. UAE ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 80. UAE ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 81. REST OF MIDDLE EAST AND AFRICA ELECTRONIC SHELF LABEL MARKET VALUE, BY TYPE, 2021-2030 (USD BILLION)
TABLE 82. REST OF MIDDLE EAST AND AFRICA ELECTRONIC SHELF LABEL MARKET VALUE, BY TECHNOLOGY, 2021-2030 (USD BILLION)
TABLE 83. REST OF MIDDLE EAST AND AFRICA ELECTRONIC SHELF LABEL MARKET VALUE, BY END USE INDUSTRY, 2021-2030 (USD BILLION)
TABLE 84. PRICER AB (SWEDEN): FINANCIALS
TABLE 85. PRICER AB (SWEDEN): PRODUCTS & SERVICES
TABLE 86. PRICER AB (SWEDEN): RECENT DEVELOPMENTS
TABLE 87. SES-IMAGOTAG (FRANCE) : FINANCIALS
TABLE 88. SES-IMAGOTAG (FRANCE) : PRODUCTS & SERVICES
TABLE 89. SES-IMAGOTAG (FRANCE) : RECENT DEVELOPMENTS
TABLE 90. DISPLAYDATA LIMITED (UNITED KINGDOM): FINANCIALS
TABLE 91. DISPLAYDATA LIMITED (UNITED KINGDOM): PRODUCTS & SERVICES
TABLE 92. DISPLAYDATA LIMITED (UNITED KINGDOM): RECENT DEVELOPMENTS
TABLE 93. ZHEJIANG HANSHOW TECHNOLOGY CO., LTD (JIAXING, CHINA): FINANCIALS
TABLE 94. ZHEJIANG HANSHOW TECHNOLOGY CO., LTD (JIAXING, CHINA): PRODUCTS & SERVICES
TABLE 95. ZHEJIANG HANSHOW TECHNOLOGY CO., LTD (JIAXING, CHINA): RECENT DEVELOPMENTS
TABLE 96. OPTICON SENSORS EUROPE B.V. (HOOFDDORP, NETHERLANDS): FINANCIALS
TABLE 97. OPTICON SENSORS EUROPE B.V. (HOOFDDORP, NETHERLANDS): PRODUCTS & SERVICES
TABLE 98. OPTICON SENSORS EUROPE B.V. (HOOFDDORP, NETHERLANDS): RECENT DEVELOPMENTS
TABLE 99. ALTIERRE CORPORATION (SAN FRANCISCO, UNITED STATES): FINANCIALS
TABLE 100. ALTIERRE CORPORATION (SAN FRANCISCO, UNITED STATES): PRODUCTS & SERVICES
TABLE 101. ALTIERRE CORPORATION (SAN FRANCISCO, UNITED STATES): RECENT DEVELOPMENTS
TABLE 102. LG INNOTEK (SOUTH KOREA): FINANCIALS
TABLE 103. LG INNOTEK (SOUTH KOREA): PRODUCTS & SERVICES
TABLE 104. LG INNOTEK (SOUTH KOREA): DEVELOPMENTS
TABLE 105. NZ ELECTRONIC SHELF LABELLING LTD. (KAPITI, NEW ZEALAND: FINANCIALS
TABLE 106. NZ ELECTRONIC SHELF LABELLING LTD. (KAPITI, NEW ZEALAND: PRODUCTS & SERVICES
TABLE 107. NZ ELECTRONIC SHELF LABELLING LTD. (KAPITI, NEW ZEALAND: RECENT DEVELOPMENTS
TABLE 108. RETAIL SOLUTIONS PRO DBA (FLORIDA, UNITED STATES): FINANCIALS
TABLE 109. RETAIL SOLUTIONS PRO DBA (FLORIDA, UNITED STATES): PRODUCTS & SERVICES
TABLE 110. RETAIL SOLUTIONS PRO DBA (FLORIDA, UNITED STATES): RECENT DEVELOPMENTS
TABLE 111. SOLUM ESL (HESSE, GERMANY): FINANCIALS
TABLE 112. SOLUM ESL (HESSE, GERMANY): PRODUCTS & SERVICES
TABLE 113. SOLUM ESL (HESSE, GERMANY): RECENT DEVELOPMENTS
