Press release
Growth of Digital Electronic Shelf Label (ESL) Market, Revenue, Manufacturers Income, Sales, Market Trend Report Archives in 2024
An electronic shelf label (ESL) system is used by retailers for displaying product pricing on shelves. The product pricing is automatically updated whenever a price is changed under the control of a central server. Typically, electronic display modules are attached to the front edge of retail shelving.
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A Digital Electronic Shelf Label (ESL) is an advanced display system used in retail environments to show product pricing, promotions, and other information directly on store shelves. Unlike traditional paper labels, ESLs are digital and can be updated remotely and in real time, offering several advantages for both retailers and customers.
Digital Electronic Shelf Label (ESL) Market Summary
According to the new market research report "Digital Electronic Shelf Label (ESL) - Global Market Insights and Sales Trends 2024", published by QYResearch, the global Digital Electronic Shelf Label (ESL) market size is projected to reach USD 1.52 billion by 2030, at a CAGR of 7.2% during the forecast period.
This report profiles key players of Digital Electronic Shelf Label (ESL) such as VusionGroup (BOE), Pricer, SOLUM
In 2023, the global top five Digital Electronic Shelf Label (ESL) players account for 53.9% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Digital Electronic Shelf Label (ESL).
Market Drivers:
Retail Industry Transformation
Digitalization of Stores: The ongoing digital transformation of the retail sector is pushing for more automated and efficient in-store processes. ESLs help streamline pricing updates, inventory management, and customer engagement.
Enhanced Customer Experience: ESLs provide real-time price updates, promotions, and product information, improving the shopping experience for customers and increasing store competitiveness.
Restraint:
Hardware Investment: The initial investment in ESL hardware, including the labels themselves and the necessary infrastructure, can be high.
Opportunity:
Retail Industry Transformation
Dynamic Pricing: ESLs allow retailers to update prices in real-time, enabling dynamic pricing strategies that can respond quickly to market changes, competitor pricing, and inventory levels.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Digital Electronic Shelf Label (ESL) market is segmented as below:
By Company
BOC (SES-imagotag)
Pricer
SOLUM (Samsung)
E Ink
Displaydata
Opticon Sensors Europe B.V
DIGI
Hanshow
LG innotek
Panasonic
Altierre
Huawei
Ooredoo
LabelNest
Segment by Type
Standard (1-3 inch)
Mid-Large (3.1-7 inch)
Large (7.1-10 inch)
Segment by Application
Supermarket
Drug Stores
Specialty Stores
Others
Each chapter of the report provides detailed information for readers to further understand the Digital Electronic Shelf Label (ESL) market:
Chapter 1: Introduces the report scope of the Digital Electronic Shelf Label (ESL) report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Digital Electronic Shelf Label (ESL) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Digital Electronic Shelf Label (ESL) 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. (2019-2030)
Chapter 4: 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.(2019-2030)
Chapter 5: Sales, revenue of Digital Electronic Shelf Label (ESL) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Digital Electronic Shelf Label (ESL) in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: 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. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Digital Electronic Shelf Label (ESL) competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Digital Electronic Shelf Label (ESL) comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Digital Electronic Shelf Label (ESL) market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Digital Electronic Shelf Label (ESL) - Global Market Insights and Sales Trends 2024
Global Digital Electronic Shelf Label (ESL) Market Research Report 2023
Global Digital Electronic Shelf Label (ESL) Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Digital Electronic Shelf Label (ESL) Market Insights, Forecast to 2029
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
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E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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