Global Electronic Shelf Label (ESL) Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030-Schneider Electric SE (France),ABB (Switzerland),Siemens AG (Germany)

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Market players, stakeholders, and other interested parties are the best receivers of trusted insights and strategic advice that the report provides to help them achieve their mission-critical priorities when operating in the global Electronic Shelf Label (ESL) market. The experienced research analysts who have authored the report offer useful guidance to capitalize on market opportunities that matter the most. The guidelines offered in the report also help to find effective solutions to certain business issues related to the global Electronic Shelf Label (ESL) market. With strong data and metrics, verified peer-driven research, and forward-thinking insights, the analysis provided in the report helps to make the right business decisions.

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Electronic Shelf Label, also known by the acronym ESL. It is the latest solution for inventory and price management in the retail sector, based on the use of advanced IT technology. ESL replaces conventional paper price tags attached to the shelves of supermarkets and department stores with, for example, LCDs and electronic paper (E-paper) that show information on product price, sales promotions, etc. ESL takes advantage of Zigbee, a low-power wireless communication technology, to keep product prices updated in real time. ESL consists of an e-paper equipped tag and gateway which delivers product information. The central server transmits information of each product to the gateway, which in turn sends such information to thousands of tags at the same time. An electronic shelf label includes a transceiver configured to communicate with a plurality of wireless data tags associated with a plurality of retail products.

The global Electronic Shelf Label (ESL) market was valued at US$ 1288 million in 2023 and is anticipated to reach US$ 2908 million by 2030, witnessing a CAGR of 12.0% during the forecast period 2024-2030.

The core manufacturers of Electronic Shelf Label (ESL) include BOE (SES-imagotag), Pricer and SoluM. The top three companies account for about 57% of the market. Europe is the world's largest Electronic Shelf Label (ESL) market with a market share of about 50%, followed by Asia Pacific and North America with a market share of 22% and 21%, respectively. In terms of product type, E-Paper Displays is the largest segment with approximately 82% market share. In terms of application, Department Stores/Mass Merchandise is the largest downstream segment, accounting for about 51% of the market.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Electronic Shelf Label (ESL), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Shelf Label (ESL).

The Electronic Shelf Label (ESL) market size, estimations, and forecasts are provided in terms of sales quantity (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electronic Shelf Label (ESL) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Electronic Shelf Label (ESL) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company

BOE (SES-imagotag)

Pricer

SoluM

E Ink

Displaydata

Opticon Sensors Europe B.V

DIGI

Hanshow

LG innotek

Panasonic

Segment by Type

Liquid Crystal Display (LCD) Displays

E-Paper Displays

Segment by Application

Department Stores/Mass Merchandise

Grocery/Supermarket

Drug Stores

Specialty Stores

Others

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

Vietnam

Latin America

Mexico

Brazil

Argentina

Middle East & Africa

Turkey

Saudi Arabia

U.A.E

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Electronic Shelf Label (ESL) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Sales, revenue of Electronic Shelf Label (ESL) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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