openPR Logo
Press release

Electronic Shelf Label Market Analysis and Forecast 2020: By Keyplayers SES-Imagotag, Pricer AB, Displaydata, Opticon Sensors Europe B.V, Samsung Electro-Mechanics, NZ Electronic Shelf Labelling, M2Communication, Diebold Nixdorf, Altierre, Teraoka Seiko,

11-23-2020 05:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Electronic Shelf Label

Electronic Shelf Label

Electronic Shelf Labels Market - Insights

The global electronic shelf labels market was valued at US$ 464.6 Mn in 2018 and is expected to exhibit a CAGR of 12.9% over the forecast period (2019-2027) and reach US$ 1,309.3 Mn in 2027.
Electronic shelf labels (ESL) are small display units utilized for displaying price, particularly in retail stores that include food, electronics, do it yourself (DIY) kits, gardening equipment, cosmetics, and in drugstores, and industrial applications. Electronic Shelf Labels (ESL) allows retailers to update the content wirelessly on shelving signage quickly and efficiently, without requirement of print paper tags and organize store representatives to change them manually. Promotional messaging, High-speed updates of pricing, increased readability and contrast of different ESL products help in improving product sales and store margins.
Growing demands for retail automation across the globe and convenience offered by these products are expected to be the prominent factors driving growth of the electronic shelf label market.

Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/593

Global Electronic Shelf Label Market: Key Players

Major players operating in the global electronic shelf label market include SES-Imagotag, Pricer AB, Displaydata, Opticon Sensors Europe B.V, Samsung Electro-Mechanics, NZ Electronic Shelf Labelling, M2Communication, Diebold Nixdorf, Altierre, Teraoka Seiko, Advantech US, E Ink, Toshiba Global Commerce Solutions, Wuxi Wei Feng Technology, and Cicor.

Stringent regulations against misleading product prices, specifically in North America and Europe, have led to an increase in demand for ESL products
Stringent regulations such as European communities (requirements to indicate product prices) Regulations S.I. No. 639 of 2002, are in place to protect consumers from misleading product prices. These directives have defined guidelines for licensed premises, cafes, restaurants, hotels, etc. and state the requirement for marked prices, or the display on shelves to be considered inclusive of all cost factors. Similar regulations are in place in the U.S., Canada, China and other major economies. Moreover, in case of false product pricing or misleading product promotions, the offender is liable to be fined on the basis of regional regulations. Requirement to avoid errors in product pricing and compliance with the regulations are some of the factors which are expected to present considerable opportunities for growth over the forecast period. Other associated benefits related to the adoption of ESL products include ease of product promotion strategies, considerable labor savings, high ROI, which are among the major factors that are expected to fuel the electronic shelf label market growth

Request Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/593

High cost of installation and supporting infrastructure for ESL is expected to be a major factor hindering the market growth

The retailers need large volumes of ESL for their stores and the initial investment for installing cost of ESL for a store could be marginally high. Therefore, the adoption rate of ESL for small retailers is very low. This is the major factor restraining the growth of electronic shelf label market.

Europe is expected to dominate the overall electronic shelf label market share owing to the large adoption rates of electronic shelf labels
Europe held the largest market share in terms of revenue in 2018 for the global electronic shelf label market and is expected to continue its dominance in the forecast period. The growth in this region is mainly due to the presence of key players such as SES Imagotag, Pricer AB, Cicor, and Opticon Sensors Europe B.V. Moreover, high penetration of ESL in the regional retail business that specifically include France, Italy, Belgium, Germany and other countries in Central Europe, are expected to garner the industry with around 12.8% CAGR over the forecast period. As a matter of fact, SES-Imagotag registered annual sales of around US$ 97.76 million in 2018, in France alone, according to their annual financials. In terms, of market size, Europe will be followed by North America, and Asia Pacific, as the second and third largest electronic shelf label markets. U.S., Canada, Japan, Australia, China are among the major countries that are expected to create high growth opportunities over the next few years. According to Coherent Market Insights analysis, Asia Pacific is expected to witness the highest growth rates over the forecast period, owing to a large revenue potential and increasing multi-channel retailing operations in the India, China and the ASEAN countries.

Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:
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.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Analysis and Forecast 2020: By Keyplayers SES-Imagotag, Pricer AB, Displaydata, Opticon Sensors Europe B.V, Samsung Electro-Mechanics, NZ Electronic Shelf Labelling, M2Communication, Diebold Nixdorf, Altierre, Teraoka Seiko, here

News-ID: 2192682 • Views:

More Releases from Coherent Market Insights

Global Antihistamine Drugs Market Expected to Expand at a Steady 2024-2031 | Bayer AG, Almirall  S.A, GlaxoSmithKline, Johnson and Johnson.
Global Antihistamine Drugs Market Expected to Expand at a Steady 2024-2031 | Bay …
Coherent Market Insights introduces new research on the Global Antihistamine Drugs Market covering the micro level of analysis by competitors and key business segments (2024-2031). This report study encompasses a thorough examination of diverse segments, including opportunities, size, development, innovation, sales, and overall growth trajectory of major players. The research is carried out on primary and secondary statistical sources, providing a blend of qualitative and quantitative insights. The report also
Incretin Mimetics Market Future Business Opportunities 2024-2031 | GSK, Novo Nordisk, Lily, Haosoh, Sanofi, AstraZeneca, Pfizer Inc.
Incretin Mimetics Market Future Business Opportunities 2024-2031 | GSK, Novo Nor …
Coherent Market Insights introduces new research on the Incretin Mimetics Market covering the micro level of analysis by competitors and key business segments (2024-2031). This report study encompasses a thorough examination of diverse segments, including opportunities, size, development, innovation, sales, and overall growth trajectory of major players. The research is carried out on primary and secondary statistical sources, providing a blend of qualitative and quantitative insights. The report also focuses
Skin Rash Treatment Market Huge Growth in Future Scope 2024-2031 | AbbVie, Amgen, Bristol Myers Squibb, Galderma, Johnson & Johnson.
Skin Rash Treatment Market Huge Growth in Future Scope 2024-2031 | AbbVie, Amgen …
Coherent Market Insights introduces new research on the Skin Rash Treatment Market covering the micro level of analysis by competitors and key business segments (2024-2031). This report study encompasses a thorough examination of diverse segments, including opportunities, size, development, innovation, sales, and overall growth trajectory of major players. The research is carried out on primary and secondary statistical sources, providing a blend of qualitative and quantitative insights. The report also
Global Vitamin API Market Growth in Future Scope 2024-2031 | DSM, BASF, BOC Sciences, CSPC Pharmaceutical Group Limited.
Global Vitamin API Market Growth in Future Scope 2024-2031 | DSM, BASF, BOC Scie …
Coherent Market Insights introduces new research on the Global Vitamin API Market covering the micro level of analysis by competitors and key business segments (2024-2031). This report study encompasses a thorough examination of diverse segments, including opportunities, size, development, innovation, sales, and overall growth trajectory of major players. The research is carried out on primary and secondary statistical sources, providing a blend of qualitative and quantitative insights. The report also

All 5 Releases


More Releases for ESL

2020-2025| Electronic Shelf Label (ESL) Market Competitive Share & Forecast
The global Electronic Shelf Label (ESL) market is valued at 630 million US$ in 2018 is expected to reach 2350 million US$ by the end of 2025, growing at a CAGR of 18.0% during 2019-2025. – The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Electronic Shelf Label (ESL)
Electronic Shelf Label (ESL) Market Sees Promising Growth in 2022
Qyresearchreports include new market research report Electronic Shelf Label (ESL) to its huge collection of research reports. The global Electronic Shelf Label (ESL) market has witnessed changing patterns of consumer demand in the recent times. This research study is an attempt to understand the changes and the impact of this changes on the Electronic Shelf Label (ESL) market across the world. The study delivers a comprehensive analysis of the market, acting
Global Electronic Shelf Label (ESL) Market Research Report 2017
This report studies Electronic Shelf Label (ESL) in Global market, especially in North America, Europe, China, Japan, Korea and Taiwan, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering SES(imagotag) Pricer Displaydata Opticon Sensors Europe B.V Altierre Hanshow Technology Panasonic LG innotek Solum Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=887969&ptitle=Global+Electronic+Shelf+Label+%28ESL%29+Market+Research+Report+2017&req=Sample Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Electronic Shelf Label
How can you be an ESL teacher in China
There is no doubt that to be an ESL teacher, you have to speak good English. In China, native speakers from USA, UK, Canada, Australia, Ireland, New Zealand and South Africa are the top one option for Chinese employers. And non-native English speakers whose English are really close to native are also acceptable for some schools. For education and experience, qualified ESL teachers should have a bachelor degree and
ESL Jobs-respectable and High-paying Occupation in China
Nowadays, English is widely used all over the world. It is specified as the official language in international meetings, foreign trades, culture exchanges,etc. China, which isn’t an English speaking country, is eagerly to improve its English level, so many great ESL jobs come up. “Respect teachers and value education”is a fine tradition of Chinese. Therefore, ESL job is one of the most popular jobs in China and enjoys a very
Avenue Education offers consultancy for ESL course in Canada
Canada 15-04-2016. Avenue Education is the leading organization engaged to provide students with effective educational solutions to build successful career. If you want to hone your English speaking skills then this is time to choose a recognized and well-established English language schools in Toronto. Having reference of leading language school is important to accomplish major objectives and to make sure you are learning from professionals. To choose the right career