What is the projected market size & growth rate of the Electronic Shelf Label Market?
Market Analysis and Size
The global electronic shelf label market is segmented on the basis of component, product type, technology, display size, store type, communication technology. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Data Bridge Market Research analyses that the global electronic shelf label market which was USD 920.24 million in 2022, would rocket up to USD 3,721.16 million by 2030, and is expected to undergo a CAGR of 20.12% during the forecast period. This indicates the market value. The “hypermarkets” accounts for the largest store type segment in the electronic shelf label market within the forecasted period owing to the growing adoption of digital technologies in the retail sector. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Electronic Shelf Label market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Electronic Shelf Label Market.
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Which are the driving factors of the Electronic Shelf Label market?
The driving factors of the Electronic Shelf Label market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Electronic Shelf Label across various industries further propel market expansion.
Electronic Shelf Label Market - Competitive and Segmentation Analysis:
Global Electronic Shelf Label Market, By Component (Displays, Batteries, Transceivers, Microprocessors, Others), Product Type (LCD ESL, Segmented E-Paper ESL, Full-Graphic E-Paper ESL), Technology (ZigBee, BLE, Wi-Fi), Display Size (Less than 3 inches, 3 to 7 inches, 7 to 10 inches, More than 10 inches), Store Type (Hypermarkets, Supermarkets, Non-Food Retail Stores, Specialty Stores, Other Store Types), Communication Technology (Radio Frequency, Infrared, Near Field Communication, Other Communication Technologies) – Industry Trends and Forecast to 2031.
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Electronic Shelf Label market?
Some of the major players operating in the global electronic shelf label market are:
- SES-imagotag (France)
- Pricer AB (Sweden)
- E Ink Holdings Inc., (Taiwan)
- Displaydata Limited (U.K.)
- M2COMM (Taiwan)
- SAMSUNG (South Korea)
- Diebold Nixdorf, Incorporated (U.S.)
- Opticon Sensors Europe B.V. (Netherlands)
- Teraoka Seiko Co., Ltd., (Japan)
- NZ Electronic Shelf Labelling (New Zealand)
- Advantech Co., Ltd (Taiwan)
- FORBIX SEMICON (India)
- LANCOM Systems GmbH (Germany)
- SOLUM Group HQ (Germany)
- Cicor Management AG (Switzerland)
- CSY Retail Systems Ltd (U.K.)
Short Description About Electronic Shelf Label Market:
The Global Electronic Shelf Label market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Electronic Shelf Label. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.
Electronic Shelf Label Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Electronic Shelf Label in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
What are the key regions in the global Electronic Shelf Label market?
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Electronic Shelf Label Market Research/Analysis Report Contains Answers to your following Questions
- What are the global trends in the Electronic Shelf Label market?
- Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different types of products in Electronic Shelf Label?
- What are the upcoming industry applications and trends for Electronic Shelf Label market?
- What Are Projections of Global Electronic Shelf Label Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of Electronic Shelf Label?
- What are the raw materials used for Electronic Shelf Label manufacturing?
- How big is the opportunity for the Electronic Shelf Label market?
- How will the increasing adoption of Electronic Shelf Label for mining impact the growth rate of the overall market?
- How much is the global Electronic Shelf Label market worth? What was the value of the market In 2020?
- Who are the major players operating in the Electronic Shelf Label market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Electronic Shelf Label Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Electronic Shelf Label Market Insights and Forecast to 2031
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Overview
- Electronic Shelf Label Market By Type
- Electronic Shelf Label Market By Function
- Electronic Shelf Label Market By Material
- Electronic Shelf Label Market By End User
- Electronic Shelf Label Market By Region
- Electronic Shelf Label Market: Company Landscape
- SWOT Analysis
- Company Profiles
- Continued...
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Data Bridge Market Research:
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