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LCD Electronic Shelf Label Market Size 2023: Global Share, Industry And Report Analysis By 2030 | HDFC ERGO General Insurance Company Limited Lemonade, Inc. State Farm Mutual Automobile Insurance Company

07-31-2024 11:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

LCD Electronic Shelf Label Market

LCD Electronic Shelf Label Market

The global LCD electronic shelf label market is expected to grow at a significant CAGR during the forecast period (2023-2029). The major factors propelling the growth of the global LCD electronic shelf label market include the rising automation in the retail industry. Furthermore, the need for a more cost-effective and time-saving alternative to paper labels will propel the growth of the market during the forecast period. Additionally, the growth of the market is attributed to the application of electronic shelf labels by increasing operational efficiency and allowing for real-time product placement.

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In the retail sector, NFC technology substantially enhances traditional LCD electronic shelf labels that display the price and make stock management easier by allowing price changes at any time. Customers' interactions are simplified by a single touch on an NFC-enabled smartphone. Due to its fast speed and greater control over information, the majority of customers prefer NFC technology to other digital advances such as QR codes and Bluetooth beacons.

full report of LCD Electronic Shelf Label Market available @ https://www.omrglobal.com/industry-reports/lcd-electronic-shelf-label-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global LCD Electronic Shelf Label Market by Segments
By Component
• Displays
• Batteries
• Transceivers
• Microprocessors
• Others

By Display Size
• Less than 3 inches
• 3 to 7 inches
• 7 to 10 inches
• More than 10 inches

By Communication Technology
• Radio Frequency
• Infrared
• Near-field Communication
• Others

By End-User
• Retail (Hypermarkets, Supermarkets, Non-food retail stores, Specialty Stores, Others)
• Industrial

Global LCD Electronic Shelf Label Market by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/lcd-electronic-shelf-label-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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