Electronic Shelf Label Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1439 | Report Format : | Status : Upcoming |

Abstract

Global Electronic Shelf Label Market: Overview

Electronic shelf label system is used in the retail store to improve work efficiency, reduce labor expenses, and increase retailer's profit margin. It eliminates the manual work of changing pricing labels of the products on shelves. The electronic shelf label automatically updates the pricing labels. It has brought major changes in the retail stores and has improved the overall management process. It uses liquefied-crystal display or electronic paper to display product prices to the customer. This system uses wireless communication networks, which includes infrared technology and radio for communicating with the backend database. Electronic shelf label allows dynamic pricing which allows the retailers to alter the pricing of the products in order to match increasing demand, product promotions, inventory levels, and to achieve the competitive advantage. It assists in eliminating variations in the selling price and offers most reliable pricing to the customers. It improves the operational efficiency of the store by eliminating the need of checking and updating the paper labels.

Global Electronic Shelf Label Market: Growth Factors

Changing lifestyle, growth, and development in the retail industry resulted in higher demand for store automation, which gradually increased the demand of electronic shelf label. The other benefits of using electronic shelf label are it is cost-efficient, fast, and secures the price labeling. Changing the focus of the retailers regarding improving customer experiences for reliable and accurate pricing is anticipated to boost the market. The electronic shelf label market is supported by increasing need for fast and flexible price updating of the products. Increasing deployment of the electronic shelf labels in the retail store triggers the market growth. Rising acceptance of the electronic shelf label system across the world offers new growth opportunities for the electronic shelf label market.

Global Electronic Shelf Label Market: Segmentation

The electronic shelf label market is globally segmented into the component, technology, type, and store type. The component consists of transceivers, displays, microprocessors, batteries, and others. On the basis of technology, the market is classified into infrared, near-field communication, radio frequency, and others. The type segment includes full-graphic E-paper ESLs, LCD ESLs, and segmented E-paper ESLs. Furthermore, the store type is fragmented into specialty stores, supermarkets, hypermarkets, non-food retail stores, and others.

Global Electronic Shelf Label Market: Regional Analysis

Europe contributed for the largest market share in the electronic shelf label market owing to the presence of major electronic shelf label manufacturers. The massive growth of the market in the North American region is attributed to the rise in the numbers of retail stores and hypermarkets. Product innovation and the introduction of new technology attract new customers, which is fuelling the electronic shelf label market in this region. Asia-Pacific region is expected to grow at fastest rate in the near future as electronic shelf label reduces the labor cost and enhances the accuracy of price labeling.

Global Electronic Shelf Label Market: Competitive Players

Prominent players in the global electronic shelf label market include E Ink Holdings, Inc., Pricer AB, RSJ Software GmbH., Samsung Electronics Co., Ltd., Black Label Solutions, Immediad Group, and troniTAG GmbH. Other players influencing the global market are Displaydata Ltd., Cicor Technologies, implexis GmbH., Opticon, Inc., Store Electronic Systems S.A., and CSY Retail Systems Ltd.

Global Electronic Shelf Label Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Smart Fabrics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2531 | Report Format:

Global Smart Fabrics Market: Overview Smart fabrics also referred as E-textiles, electronic textiles, or smart textiles, are the fabrics that have digital and electronics components entrenched in them. These fabrics can recognize sense stimuli from the surroundings and adapt respond to those st...Read More

Geofencing Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2530 | Report Format:

Geofencing Market: Overview Geofencing can be defined as a virtual boundary in the geographical area in terms of RFID and GPS which triggers the software to activate a response when a mobile device leaves or enter the area. Since many years developers are taking the assistance of hardware and so...Read More

Mobile Positioning System Market for Mapping and Surviving, Live Tracking of Objects, Vehicles, and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022

Dec-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2506 | Report Format:

The report covers forecast and analysis for the mobile positioning system market on a global and regional level. The study provides historic data of 2014-2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints for the mobile positionin...Read More

Mobile Advertising Market by Types (Display Advertising, In-App Advertising, In-Game Advertising, Search Advertising and Others), by Devices (Digital Cameras, Feature-phones, Smartphones, Tablets and Others) for Banking, Financial Services, Fast Moving Consumer Goods (FMCG) Sector, Healthcare Sector, Media and Entertainment Sector, Telecommunication & IT Sector and Other industry verticals. Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016 – 2022

Dec-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2505 | Report Format:

The global mobile advertising market report analyzes and forecasts mobile advertising market on a global and regional level. The study offers historical data of past year along with forecast from 2017 to 2022 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought about...Read More

Machine to Machine Market by Technology (4G/LTE, Wi-Fi, Ethernet, Power-Line and Others), by Component (Actuators, Sensors, Memory, RFID, Power and Communication Modules), Consumer Electronics, Information Technology (IT), Retail, Transportations & Automotives, Healthcare, Security and Others - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2022

Dec-2017 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2504 | Report Format:

The report covers forecast and analysis for the machine to machine market on a global and regional level. The study provides historic data for 2014, 2015, and 2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints for the machine to m...Read More

Choose License Type:
Latest Published Reports

View All Published Reports