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Global Electronic Shelf Label Market Is Estimated To Growing With A CAGR Of 18.3% by 2032

08-02-2023 03:22 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Electronic Shelf Label Market Is Estimated To Growing

The global electronic shelf label market is estimated at USD 980 Million in 2022 and is forecast to reach USD 5.2 Billion by 2032, growing with a CAGR of 18.3% from 2022 to 2032.Fact.MR- a market research and competitive intelligence provider, foresee a thriving growth in electronic shelf label demand. The global electronic shelf label market is expected to grow at 18.3% CAGR during 2022-2032 and surpass the value of USD 5 Billion by the end of 2032.

The global smart retail devices market is expected to be valued at USD 23 Billion by the end of 2022, however electronic shelf label market is likely to reach a valuation of USD 980 Million in 2022. The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Electronic Shelf Label Market both at worldwide and provincial levels.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: -https://www.factmr.com/connectus/sample?flag=S&rep_id=1592?PJ

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ: -

โ€ข Pricer AB
โ€ข Altierre Corporation
โ€ข SES-imagotag
โ€ข DisplayData Ltd.
โ€ข Solum Co. Ltd
โ€ข Teraoka Seiko Co., Ltd.
โ€ข M2Communication Hosting
โ€ข Hanshow Technology Co. Ltd
โ€ข LG Innotek Co., Ltd
โ€ข Diebold Nixdorf
โ€ข Opticon Sensors Europe B.V.
โ€ข MariElla Group

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ

โ€ข The grocery sector market is anticipated to increase further which drives supermarkets and hypermarkets that use electronic shelf labels. In 2021, global retail sales accounted for USD 1,38 Trillion. Hyper stores stood second in rank after supermarkets with sales of USD 700 Billion. This signifies the demand for shelf labels in the forecast period.

โ€ข Australian competition and consumer commission has introduced regulations for businesses on how they should display the prices of products. As per these rules, businesses must state the total price of goods on it including taxes, duties, and pre-selected extra fees. Grocery retailers should display the unit price on displays as per these guidelines.

โ€ข This necessitates the single shelf price displays for products improving demand for electronic shelf labels which can be updated as per the change in taxes. The government focuses on the pricing management of supermarkets and the retail segment drives the demand for electronic shelf labeling.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

Fact.MR has profiled the following key electronic shelf label manufacturers in its report are Clearink Display, Diebold Nixdorf Incorporation, Display Data Ltd, E Ink Holdings Inc, Hanshow Technology Co. Ltd, M2Communication, NCR Corporation, Panasonic Connect Europe GmbH, Pricer AB, SES-imagotag, Solum Co. Ltd., and Teraoka Seiko Co. Ltd and TroniTag GmBH.

The manufacturers in the electronic shelf label market are progressively fluctuating their focus towards strengthening distribution channel and working out active marketing strategies.

๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐

โ€ข By Product Type

โ€ข LCD
โ€ข E-Ink
โ€ข Others

โ€ข By Technology

โ€ข ZigBee
โ€ข BLE
โ€ข Wi-Fi
โ€ข Others

โ€ข By Application

โ€ข Supermarket and Hypermarket
โ€ข Convenience Store
โ€ข Departmental Store
โ€ข Specialty Store
โ€ข Pharmacies

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ข๐ง๐œ๐ฅ๐ฎ๐๐ž๐ฌ

โ€ข North America (U.S., Canada)
โ€ข Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
โ€ข EU - (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
โ€ข CIS & Russia
โ€ข Japan
โ€ข Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)

๐‡๐จ๐ฐ ๐…๐š๐œ๐ญ.๐Œ๐‘ ๐€๐ฌ๐ฌ๐ข๐ฌ๐ญ๐ฌ ๐ข๐ง ๐Œ๐š๐ค๐ข๐ง๐  ๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐Œ๐จ๐ฏ๐ž๐ฌ?

The data provided in the Electronic Shelf Label Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.

The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง:https://www.factmr.com/connectus/sample?flag=RC&rep_id=1592?PJ

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories.

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