Press release
Electronic Shelf Label Market to reach USD 3623.3 Bn by 2029, emerging at a CAGR of 20.3 percent and forecast 2023-2029
Electronic Shelf Label Market Report Scope and Research MethodologyThe Electronic Shelf Label Market is poised to achieve significant milestones, reaching USD 993.6 million in 2022 and projecting an impressive growth trajectory to attain USD 3623.3 million by 2029. The market is anticipated to register a robust CAGR of 20.3% during the forecast period.
Maximize Market Research Pvt Ltd's latest report offers a thorough analysis of the Electronic Shelf Label Market, including a comprehensive assessment of the impact of the COVID-19 lockdown on market leaders, followers, and disruptors. The report delves into the short-term and long-term effects across regions and segments, aiding decision-makers in formulating strategic plans tailored to specific regions.
The report employs a rigorous research methodology, providing valuable insights into market dynamics, drivers, restraints, and regional trends. Decision-makers can leverage this data to prepare well-informed strategies for their companies.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/870
Electronic Shelf Label Market Dynamics:
The growth of the Global Electronic Shelf Label Market is propelled by factors such as increasing operational efficiency, enhanced product positioning, and the rise of retail automation. Electronic shelf labels, with their wireless communication network and energy-efficient displays, find applications across diverse sectors, including groceries, hardware stores, sports equipment, furniture, consumer appliances, and electronics.
Despite the market's promising outlook, the low labor cost in economically developing countries like India, South Korea, Brazil, China, and South Africa poses a restraint to the market's growth during the forecast period.
Electronic Shelf Label Market Regional Insights:
Europe: Holding a dominant 33% share in 2022, Europe is expected to maintain its stronghold, driven by the presence of domestic and multinational retailers. The region witnessed the initial launch of ESL solutions in 1991 in France.
APAC: Anticipated to exhibit a 28% market share, APAC benefits from globalization and the organized retail sector's development. Key countries contributing to market potential include China, India, Japan, Australia, Singapore, and South Korea.
North America: Securing a 22% market share in 2022, North America is poised to continue its dominance. The rapid integration of IoT technology in the retail industry fuels ESL adoption, with over 79% of retailers in the region investing in ESL and People counter.
Request For Free Inquiry Report:https://www.maximizemarketresearch.com/inquiry-before-buying/870
Electronic Shelf Label Market Segmentation:
by Component
• Displays
• Batteries
• Transceiver
• Microprocessors
• Others
by Product Type
• LCD ESL
• Segmented E-Paper ESL
• Full-Graphic E-Paper ESL
by Communication Technology
• Radio Frequency (RF)
• Infrared (IR)
• Near Field Communication (NFC)
• Other Communication Technologies
• Displays
• Batteries
• Transceiver
• Microprocessors
• Others
by Store Type
• Hypermarkets
• Supermarkets
• Non-Food Retail Stores
• Specialty Stores
• Other Store Types
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/870
Electronic Shelf Label Market Key Players:
• Pricer (Sweden)
• SES-imagotag (France)
• Samsung Electro-Mechanics (South Korea)
• E Ink Holdings (Taiwan)
• Displaydata (UK)
• M2Communication (Taiwan)
• Diebold Nixdorf (Germany)
• Opticon Sensors Europe (Netherlands)
• Teraoka Seiko (Japan)
• NZ Electronic Shelf Labelling (New Zealand)
• Advantech Inc.,
• Altierre Corporation,
• Displaydata Limited,
• Herbert Retail Limited,
• M2COMM
• Opticon Sensors Europe B.V.
• SoluM,
• SES-imagotag
• Pricer AB.
• NZ Electronic Shelf Labelling (New Zealand)
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/electronic-shelf-label-market/870/
Table of content for the Electronic Shelf Label Market includes:
1. Global Electronic Shelf Label Market: Research Methodology
2. Global Electronic Shelf Label Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Electronic Shelf Label Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2022 to 2029)
• Past Pricing and price curve by region (2022 to 2029)
• Market Size, Share, Size and Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 444 West Lake Street, Floor 17,
Chicago, IL, 60606, USA.
✆ +1 800 507 4489
✆ +91 9607365656
🖂 mailto:sales@maximizemarketresearch.com
🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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 to reach USD 3623.3 Bn by 2029, emerging at a CAGR of 20.3 percent and forecast 2023-2029 here
News-ID: 3301231 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Courier Services Market Set to Surge to USD 712 Billion by 2032 with a 5.8% CAGR
The Courier Services Market size was valued at USD 453.56 Billion in 2024 and the total Courier Services revenue is expected to grow at a CAGR of 5.8% from 2025 to 2032, reaching nearly USD 712.07 Billion.
Courier Services Market Overview
The global Courier Services Market has experienced significant growth, driven by the rising adoption of e-commerce, growing Internet penetration, and changing consumer lifestyles. Courier services provide quick, door-to-door delivery solutions for…

WealthTech Solutions Market Set to Triple by 2030 with a Robust 15.58% CAGR
WealthTech Solutions Market was valued at USD 6.47 Billion in 2023, and it is expected to reach USD 17.83 Billion by 2030, exhibiting a CAGR of 15.58% during the forecast period (2024-2030).
WealthTech Solutions Market Overview
The global WealthTech Solutions Market is undergoing a transformative phase, driven by changing customer preferences, digital innovation, and evolving financial landscapes. WealthTech solutions provide digital tools and platforms that enhance operational efficiency for financial advisors, wealth…

Rapid Test Market Projected to Reach USD 80.07 Billion by 2032 with 8.81% CAGR G …
Global Rapid Test Market size was valued at USD 40.75 Bn. in 2024 and the total Rapid Test Market is expected to grow by 8.81% from 2025 to 2032, reaching nearly USD 80.07 Bn.
Rapid Test Market Overview
The global Rapid Test Market is witnessing significant growth, driven by the increasing demand for fast, accessible diagnostic solutions across healthcare settings and home-care applications. Rapid tests are designed to detect the presence of…

Agarwood Oil Market Set to Approach USD 497 Million by 2032, Driven by 5.42% CAG …
Global Agarwood Oil Market size is expected to reach nearly US$ 496.84 Mn by 2032 with the CAGR of 5.42% during the forecast period.
Agarwood Oil Market Overview
Agarwood Oil, derived from the resinous wood of Aquilaria trees primarily found in Southeast Asia, is highly valued for its aromatic and therapeutic properties. Formed when the wood is infected by yeast, pests, or microbes, the oil possesses antimicrobial, antioxidant, anti-inflammatory making it widely…
More Releases for Electronic
Revolutionizing Electronic Warfare: The Power of Cognitive Electronic Warfare Sy …
According to the report published by Allied Market Research, " Cognitive Electronic Warfare System Market by Capability (Electronic Attack, Electronic Protection, Electronic Support, Electronic Intelligence) and by Platform (Naval, Airborne, Land, Space): Global Opportunity Analysis and Industry Forecast, 2023-2032 "Cognitive electronic warfare systems are based on learning action frameworks that use machine learning algorithms and artificial intelligence (AI) to mimic human perception of learning, memory, and judgement. Machine learning, being…
Electronic Cigarettes
Electronic Cigarettes are also known as Vaping, which consist of different type of devices that allow the users to inhale an aerosol that might be nicotine, flavoring and other species. Electronic Cigarettes market is expected to mark significant growth over forecasted period owing to increasing technological advancements, change in lifestyle and consists of various flavours and fragrance. There has been significant rise in number of prevalence of adults using e-cigarettes…
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 Wrapper Market Segmented By loading types semi-automatic electronic w …
A Revolutionary Product for the Packaging Industry
The electronic wrapper has been a revolutionizing product in the packaging industry. Electronic wrappers are easy to maintain and comfortable for size changes. The steel built electronic wrappers enable easy access for maintenance and cleaning, thus, gaining a considerable customer base from the packaging industries mainly for food and consumer products. An electronic wrapper is an automated machine, which is programmed to perform a…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…