Press release
Electronic Shelf Label Market Market 2023 Global Size, Share, Growth & SWOT Analysis of Key Players - Advantech Inc, Altierre Corporation, Displaydata Limited, E Ink Holdings Inc, Herbert Retail Limited, M2COMM, Opticon Sensors Europe B.V, Diebold Nixdorf
Electronic Shelf Label Market Outlook 2022:The Electronic Shelf Label (ESL) market is growing rapidly as retailers and manufacturers look for new ways to display their products. ESLs are electronic tags that are attached to a store shelf or product and are equipped with wireless video or RFID technology, allowing prices, messages, images, and videos to be uploaded quickly and accurately. By providing real-time pricing information for customers, this technology can increase sales, create better customer engagement, reduce labor costs associated with manual price tagging, and provide an accurate audit trail of all new inventory. ESL labels offer an efficient way of keeping up with the dynamic pricing environment in retail stores without manually changing large amounts of product price stickers. With advancements in cloud computing technologies, retailers can also use smart analytics tools that collect data from the ESL system to produce customized insights which will help them make informed decisions about pricing strategies.
The Electronic Shelf Label (ESL) market is continuing to expand, driven by its versatility and ability to meet the changing demands of customers in a cost-effective manner. ESLs have already gained widespread adoption since their initial application in supermarkets, enabling businesses to quickly update their prices in real time. Outside of traditional retailing applications, ESLs have seen use in price monitoring platforms, inventory tracking solutions, and even digital media displays.
"Electronic Shelf Label Market was valued at USD 994.50 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 20.4% from 2023 to 2030, and is projected to reach USD 4.39 billion by 2030."
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Major Company Profiles included in Electronic Shelf Label Market are Listed Below:
• Allflex Livestock Intelligence
• Nedap
• Livestock Improvement Corporation
• Leader Products
• Kupsan Tag Company
• Datamars
• MS Schippers
• Shearwell Data
• CAISLEY International
• Luoyang Laipson Information Technology
Market Segmentation:-
The analysis is based on significant primary research and implementation trends, and it focuses on the major Electronic Shelf Label marketplaces on a national and regional level, with a focus on the world's top providers. The market survey, as well as the distribution and retailer assessment of the areas, employ advanced approaches. This research report examines four layers of analysis, including top company market share analysis, industry trends, supply chain analysis, and brief sector profiles, to name a few.
The Electronic Shelf Label market is segmented in this study by type, application, enduser, and geography. The report discusses past and future developments in the sector, as well as business innovations and challenges brought by international suppliers and end-users.
Major Segments and Sub-segments of Electronic Shelf Label Market are listed below:
BY OFFERING
•Hardware
•Software
•Service
BY DEVICE LIFECYCLE
•Short term
•Long term
BY SPECIES
•Poultry
•Swine
•Cattle
•Others
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Regional Analysis Covered in this report:
• North America [United States, Canada]
• Europe [Germany, France, U.K., Italy, Russia]
• Asia-Pacific [China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia]
• Latin America [Mexico, Brazil, Argentina]
• Middle East & Africa [Turkey, Saudi Arabia, UAE]
Competitive Outlook
Each report chapter is thoroughly examined and discussed in this extensive research. We've included a thorough competitive landscape and a product supply of the major suppliers split across multiple geographical regions to provide visitors to this study with an accurate image of the worldwide business. The study provides the most up-to-date Electronic Shelf Label market projections for the time period under consideration. The study offers an in-depth look at industry rivalry as well as a discussion of Porter's Five Forces model to help readers assess the price environment of the world's biggest Electronic Shelf Label manufacturers.
Report Conclusion
Product description, product categorization, market size, the COVID-19 pandemic, and multiple players in the global Electronic Shelf Label market climate were all considered critical elements during the research. The study goes into great detail about the industry's significant geographical movements, corporate dynamics, and country-level market structure.
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Table of Contents
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Electronic Shelf Label Market, Segmentation, By Type
9. Electronic Shelf Label Market, Segmentation, By Equipment Product Type
10. Electronic Shelf Label Market, Segmentation, By Technology
11. Electronic Shelf Label Market, Segmentation, By Application
12. Electronic Shelf Label Market, Segmentation, By Size
13. Regional Analysis
14. Company Profiles
15. Competitive Landscape
16. Conclusion
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