Press release
Demand For Electronic Shelf Label In Hypermarkets And Supermarkets Is Expected To Rise At A Significant Pace During The Forecast Period 2021-2031
Pervasiveness of Retail Sector to Augment Demand for Electronic Shelf LabelAccording to the Fact.MR report, sales of electronic shelf labels are expected to exceed US$ 1,700 million by the end of 2026, owing to rapid growth in the retail sector worldwide. In terms of value, the CAGR is 21.5% from 2018 to 2028. Being the final step in the distribution process, retailing has witnessed significant traction across the globe since the past decade.
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Retail industry has largely influenced the growth of various retail outlets including but not limited to hypermarkets, supermarkets, convenience stores and specialty stores, in turn pushing the demand for retail equipment and devices such as electronic shelf label.
According to International Labor Organization (ILO), the trillion dollar retail industry is expected to remain pervasive maintaining strong growth in the coming years.
This factor is expected to present potential growth avenues for manufacturers of electronic shelf label throughout the period of assessment, in turn contributing to the overall growth of the electronic shelf label market.
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Market Segmentation
The research report on electronic shelf label market covers a detailed segmentation covering every facet of the electronic shelf label market providing a holistic view for the reader.
The report on electronic shelf label market includes analysis on every segments of the market that have an impact on the overall growth.
The electronic shelf label market is segmented on the basis of product type, by technology, by application and region.
Analysis on various products such as LCDs, E-Ink and others has been complied in the report.
The application areas of electronic shelf label such as supermarkets and hypermarkets, convenience stores, department stores, specialty stores and pharmacies have also been highlighted.
Assessment on various technologies such as ZigBee, BLE, Wi-Fi and others is included in the study. On the basis of region, the market is categorized into North America, Europe, China, Japan and Rest of the World (ROW).
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Competition Analysis
The research report on electronic shelf label market provides a thorough understanding on competitive landscape.
This section covers analysis on various companies participating in the electronic shelf label market along with several aspects such as mergers and acquisitions, product portfolio analysis, company overviews, marketing strategies, key financials such as market shares and revenues.
The report also delivers a complete SWOT analysis along with recent developments and innovations and information on research and development activities carried out by major players in the in the electronic shelf label space.
For instance, Pricer AB developed and launched a large number of electronic shelf label in stores in France in 2017 owing to its efficient HDT and HD150 label sizes.
Likewise, Altierre Corporation launched “One Price Auto Tags as-a-service” for automotive dealers in 2018. Key companies profiled in the electronic shelf label report include
Pricer AB
Altierre Corporation
SES-imagotag
DisplayData Ltd.
Solum Co. Ltd.
Teraoka Seiko Co. Ltd.
Hanshow Technology Co. Ltd.
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Additional Questions Answered
Apart from key dynamics, the research report on electronic shelf label market also answers various questions. For instance,
Why Europe is likely to remain a lucrative regional market and which European countries are largely contributing to the demand for electronic shelf label in the region?
Which technology is largely being used in electronic shelf label worldwide?
Are LCDs better than E-Ink or can the latter overwhelm the former in terms of demand?
How can online platforms impact the sales of electronic shelf label?
What are the new advancements carried out by key stakeholders apropos to the technology used in electronic shelf label?
For More Insights- https://www.einpresswire.com/article/556506843/growing-of-polyurethane-structural-insulated-panels-is-projected-to-take-demand-growth-at-5-cagr-over-the-next-10-years
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