Electronic Shelf Label Market Worth CAGR of 12.9% By 2025 | Coherent Market Insights

The Global Electronic Shelf Label Market was valued at US$ 366.8 million in 2015 and is estimated to grow at 12.9% CAGR during the forecast period (2017–2025), as highlighted in a report published by Coherent Market Insights. Electronic Shelf Labels Market Research Study provide detailed information about the key factors influencing the growth of the industry which include drivers, restraints, opportunities, and industry-specific challenges, strategically profile key players and comprehensively analyze their market share and core competencies. This report include analytical assessment of the prime challenges faced by Electronic Shelf Labels industry currently and in the coming years, which helps market participants in understanding the problems they may face while operating in this market over a longer period of time.

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These research report also provides overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the Electronic Shelf Labels Market along with industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue. The research report also provides detail analysis on the Electronic Shelf Labels market current applications and comparative analysis with more focused on pros and cons of Electronic Shelf Labels and competitive analysis of major companies.

Major Players operating in this market include SES-imagotag, Pricer AB, Displaydata, Opticon Sensors Europe B.V, Altierre, Teraoka Seiko, Advantech US, and E Ink

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Report includes chapters which deeply display the following deliverable about industry:

Key takeaways of the Electronic Shelf Label Market:

• RF technology is expected to gain traction in the near future, primarily owing to the multiple choices of communication methodologies that include Bluetooth, ZigBee, Wi-Fi, and NFC. Moreover, relatively high operability owing to no requirement of visible range communication, unlike IR, is expected to be the major factor driving growth of the market.
• Full graphic e-paper displays are expected to witness highest growth over the forecast period owing to the multi-color displays, high aesthetics, and wide visibility range of displays.
• Growing adoption of ESLs in the convenience store and departmental stores is expected to garner highest product sales in the end use segment.
• Europe will continue to dominate the overall electronic shelf label industry, with the highest adoption rates and industry penetration over the forecast period.
• Some of the major participants in the global electronic shelf label market include Displaydata, Pricer AB, Opticon Sensors Europe B.V, SES-imagotag, Altierre, Teraoka Seiko, Advantech US, and E Ink.
• Regional expansion, technology development and product innovation are expected to form the key strategies to acquire strong industry foothold. For instance, Powershelf, a provider of retail technology solutions, had developed a battery-less electronic shelving system to garner increased product adoption.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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