Electronic Shelf Label Market Increasing the Growth Worldwide with Key Industry Players: Pricer AB, E Ink Holdings, SES-imagotag, Store Electronic Systems SA, Displaydata, M2 Communication, LG Corporation, Samsung Electro-Mechanics
LCD ESL market will hold a majority share in the industry due to low cost and high efficiency of LCD displays. These offer advantages such as low power consumption and bi-stable features that aid the industry growth. The full graphic e-paper ESL products are gaining prominence in the industry as these provide support for full graphic imaging and crisp display. Also, these products can work on the communication network that updates pricing in real-time.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1136
Commercial applications dominated the electronic shelf label market with over 80% of the overall revenue in 2017. The products are witnessing high penetration in the retail facilities, such as supermarket and hypermarket, to sell a wide range of products under one roof. Kaufland Group, a Germany-based hypermarket chain has entered a joint venture with the UK-based Displaydata to provide ESLs in stores, such as Lidl, across the country.
RF-enabled ESL market will witness significant growth due to increasing adoption of radio frequency. Low cost of the technology is encouraging the small retailers to adopt the RF-enabled solutions. Also, RF technology is flexible and allows fast & easy rectification of issues. NFC-enabled electronic shelf label market will grow due to ease of use of these devices with other handheld devices by simply bringing the devices closer. Also, the technology enables communication between labels and tags.
Electronic Shelf Label (ESL) Market size was over USD 450 million in 2017, and is set to exceed USD 1 billion by 2024. The global shipments are set to grow at over 16% CAGR between 2018 and 2024.
• Growing competition among the retailers to provide elevated customer experience
• Government initiatives towards the adoption of technology in North America and Europe
• Adoption of ESL in industrial applications in the U.S.
• Growing penetration of retail automation in North America and Europe
• Growing need for increasing in-store operational efficiency in retail stores in Germany
• Adoption of time and cost-efficient alternatives in retail in Asia Pacific
• Precise product pricing norms in India and China
• Expansion of leading retailers in Asia Pacific and Africa
• Development of organized retail sector in Latin America
• Adoption of advanced technologies in retail sector in the MEA
Make an inquiry for buying this report @ https://www.gminsights.com/inquiry-before-buying/1136
Asia Pacific electronic shelf label market will grow at a high rate due to positively changing consumption patterns and economic development of countries including India and China. Development of retail industry in the region due to swelling sales of consumables will positively impact the growth of industry in the region. Also, expansion of business by the international retailers in the region is one of the major factors for the increasing demand of these products. For instance, in August 2018, Swedish furniture giant Ikea expanded its presence by opening a store in India.
High initial investments required to set up these products in stores is one of the major restraining factors in the electronic shelf label market. Small retailers, particularly in Asia Pacific and Africa, cannot afford the high investments required to set up infrastructure for these products. Also, these systems require additional costs such as electricity, internet connection, maintenance of hardware, and software upgrades. Small retailers prefer to employ daily labor as a cost-effective alternative to the ESL products. However, increasing awareness regarding the long-term benefits of these products is changing the perspective of the retailers, encouraging them to adopt these products.
Browse key industry insights spread across 300 pages with 496 market data tables & 23 figures & charts from the report, Electronic Shelf Label (ESL) Market in detail along with the table of contents:
Some of the key vendors in the electronic shelf label market comprise Pricer AB, E Ink Holdings, SES-imagotag, Store Electronic Systems SA, Displaydata, M2 Communication, LG Corporation, and Samsung Electro-Mechanics Co., Ltd., ESL solutions, Electronic Labelling System Application (ELSA).
Browse Related Reports:
Electronic Document Management System Market By Solution, Deployment Model, Application, 2024
Some vendors in electronic document management system market comprise eFileCabinet, Google, DropBox, Alfresco One, and FileCenter.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electronic Shelf Label Market Increasing the Growth Worldwide with Key Industry Players: Pricer AB, E Ink Holdings, SES-imagotag, Store Electronic Systems SA, Displaydata, M2 Communication, LG Corporation, Samsung Electro-Mechanics here
News-ID: 1285123 • Views: 1163
More Releases from Global Market Insights, Inc.
Linear alpha olefins market size, share, trends, 2024, Key players are INEOS Oli …
The linear alpha olefins market report is a deep-dive collection of important deliverables. An inherent sub-vertical of the global chemical’s domain, the linear alpha olefins market has carved out quite a remunerative growth path in the recent years. The report enlists substantial details about this market with respect to its overall foothold in the chemical industry and how the product would find applications across major end-user sectors. Get sample copy of
N-hexyl alcohol market to hit USD 1.6 billion by 2024, key players are Sasol, Na …
Estimates claim that N-hexyl alcohol market valuation from food & beverage applications was worth USD 325 million in the year 2016 and is expected to register continuous growth during the estimated timeframe. Rising adoption of N-hexyl alcohol compounds as a flavoring agent for alcoholic beverages, fruits, and vegetables has bolstered product demand. Additionally, N-hexyl alcohol is utilized to develop additives for lubricants which are further used in food grain machine
Waterborne Coating Market: Global Industry Analysis, Growth, Trends and Forecast …
Global waterborne coating market is expected to expand at a considerable pace owing to high awareness of consumers towards the adoption of eco-friendly coatings. The product is considered a better choice for the environment and contains a less amount of solvent. Low toxicity due to less HAP emissions and VOC levels, alongside high water-content that helps in reducing air emissions, will augment the product demand over the forecast spell. Waterborne
Trend in automotive application to Asia Pacific expanded polyethylene foam marke …
Of late, expanded polyethylene foam has become a trendy petrochemical product in applications, ranging from automotive, construction, packaging, protective covers and sports goods. Eliminating cost of making expensive molds and offering tremendous cushion against vibrations, shocks and abrasion are some of the upsides that have encouraged emerging economies such as India, China, Vietnam and Malaysia to infuse funds in EPE for packaging goods, boost high thermal resistance and weight
More Releases for Electronic
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
This report titled as Electronic Voting Machine Market gives a brief about the comprehensive research and an outline of its growth in the market globally. Electronic voting is voting that uses electronic means to either aid or take care of casting and counting votes. Depending on the particular implementation, e-voting may use standalone electronic voting machines or computers connected to the Internet. It may encompass a range of Internet services,
Electronic Voting Machine Market 2019-2025| Top key players: Gaurang Electronic …
The Electronic Voting Machine Market requires the prevailing regions in the market during the forecast period. Evidence on the region leading the market are some of the facets that are highlighted under this section of the report. A voting machine is a machine used to register and tabulate votes. The first voting machines were mechanical but it is increasingly more common to use electronic voting machines. Traditionally, a voting machine
Electronic Recycling Market - Increasing Consumption of Electronic Devices
In a report published recently, Transparency Market Research (TMR) provides insights into the growth drivers and restraints impacting the global electronic recycling market. The report is titled “Electronic Recycling Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019” and is available on the company website for sale. Based on the findings of the survey conducted, the report pegs the global market for electronic recycling market
Electronic Security Market
Electronic security consists of all the systems that use electronic devices and embedded technology to enhance safety measures and protect human life and physical assets. Electronic security systems are also used in business operations to protect confidential business data and to track unauthorised access to business related information and assets. Rise in urbanisation has led to development of smart cities, which has resulted in adoption of security systems as they
Global Electronic Pipettes Market 2015, Electronic Pipettes Market Growth, Elect …
9D Research Group has recently announced the addition of new report "Electronic Pipettes Market 2016 - Global Industry Size, Trends, Growth, Share, Opportunities and Forecast by 2020" to their offering. Global Electronic Pipettes Industry 2016 Market Research Report was a professional and depth research report on Global Electronic Pipettes industry that you would know the world's major regional market conditions of Electronic Pipettes industry, the main region including North American, Europe
Usability & Electronic Health Records
Recent research on electronic health record (EHR) adoption has reported that among the top barriers to adoption, usability concerns equal those of security, privacy and system-integration. User Centric, a user experience research and design firm based in Chicago, is a thought leader in how to ensure EHRs are evaluated for usability. As part of a free webinar series, Managing Director Robert Schumacher, Ph.D., will present “Usability & Electronic Health Records”