Global Electronic Shelf Label Market Expected to Grow with a CAGR of 16.70% Over the Forecast Period, 2019-2026 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Electronic Shelf Label Market by Product Type Component Communication Technology and Store Type: Global Opportunity Analysis and Industry Forecast, 2019-2026" report has been added to ResearchAndMarkets.com's offering.

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.

Key Topics Covered:

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

5.3. Batteries

5.4. Transceiver

5.5. Microprocessor

5.6. Others

Chapter 6: Electronic Shelf Label Market, By Communication Technology

6.1. Overview

6.2. Radio Frequency

6.3. Infrared

6.4. Near Field Communication (Nfc)

6.5. Others

Chapter 7: Electronic Shelf Label Market, By Store Type

7.1. Overview

7.2. Hypermarkets

7.3. Supermarkets

7.4. Non-Food Retail Stores

7.5. Specialty Stores

7.6. Others

Chapter 8: Electronic Shelf Label Market, By Region

8.1. Overview

8.2. North America

8.3. Europe

8.4. Asia-Pacific

8.5. LAMEA

Chapter 9: Competitive Landscape

9.1. Introduction

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.

10.2. Diebold Nixdorf, Incorporated

10.3. Samsung Electro-Mechanics

10.4. Pricer Ab

10.5. Displaydata Limited

10.6. Panasonic Corporation

10.7. Ncr Corporation

10.8. Altierre Corporation

10.9. Ses-Imagotag

10.10. Clearink Displays, Inc

For more information about this report visit https://www.researchandmarkets.com/r/laqkcm