Global Electronic Shelf Label Market to Grow at a CAGR of 14.14% during the period 2017-2021

The market research report ‘Global Electronic Shelf Label Market Research Report 2021(Covering USA, EU, China, South East Asia, India, Japan and etc)’ aims to offer insights into new business opportunities for companies active in Global Electronic Shelf Label as well as for those players that are aiming to get an entry into the industry.

The Report Announces the Publication of its Research Report – Global Electronic Shelf Labels Market 2017-2021

The Report recognizes the following companies as the key players in the global electronic shelf labels market: Altierre, Displaydata, Pricer, SES-imagotag, and Teraoka Seiko.

Other prominent vendors in the market are: Advantech US, E Ink, Eltrade, LG Innotek, NZ Electronic Shelf Labelling, Samsung Electro-Mechanics, Toshiba Global Commerce Solutions, and Wuxi Wei Feng Technology.

Commenting on Global Electronic Shelf Label Market, the expert of research team said: “One of latest trends in the market is high demand for graphic products. The demand for low-cost LCD is increasing because of its low power consumption and bi-stable feature. The demand for e-paper has also increased over the past few years. Innovations in e-paper such as the tri-color e-paper have improved the visual experience offered by ESLs and enabled new features in ESLs. One useful feature of e-paper is its high resolution, which enables easy readability of different characters. E-paper displays consume very less energy and thus allow retailers to use smaller batteries that last longer. Many vendors in the market are supplying e-paper ESLs to retailers. In October 2015, Pricer (a major player in the market) announced the implementation of e-paper ESLs in Delhaize (a Belgian international food retailer). Due to the low power consumption with long battery backup, the demand for graphic products has become high.”

The Report analysts forecast the global electronic shelf labels market to grow at a CAGR of 14.14% during the period 2017-2021.

Request a sample copy of Global Electronic Shelf Label Market Research Report @ https://marketsizeforecasters.com/get-sample/1886

According to Global Electronic Shelf Label Market, one of the primary drivers in the market is increased ease of operations for large retail stores and expanding retail outlets through the use of ESLs. ESL systems in retail stores reduce the cost of labor significantly and help in increasing the retailer's profit margin. These labels eliminate the need for staff to manually change pricing labels on store shelves as the product pricing on all ESL modules can be automatically and instantly updated at the click of a button. ESL systems have brought about significant changes to stores and have helped improve the overall management process. ESLs have evolved as an alternative to the labor-intensive process of manually changing prices on an average of 6,000-8,000 items per week in each store. They have also limited the need to print, sort, or replace paper labels during price changes, which has allowed stores to realize significant labor and operational savings.

Further, Global Electronic Shelf Label Market states that one major challenge in the market is technical-error challenges in ESLs. Although the wireless and display technology has improved from a technical and cost perspective since the first ESL systems were produced, technical problems still tend to occur in ESLs. Dead spots in stores may exist if the wireless coverage is not wide enough. This will result in updates being missed by some labels and will require a certain amount of intervention from the store staff. Labels that are placed in challenging environmental conditions, such as freezers, are more expensive and tend to fail more often than the rest of the labels and thus, require the attention of the staff. If there is a failure in the wireless system or the software program that updates the labels, then the labels do not get updated a. These issues can be overcome in the future but require updated processes and costs.

The listed pricing for this Global Electronic Shelf Label Market report starts at $ 3500. Request Discount for Global Electronic Shelf Label Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/1886

Table of Contents in Global Electronic Shelf Label Market Research Report
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Economic indicators
Global economic indicators
Growing urbanization and per capita income in developing countries
PART 06: Global Electronic Shelf Label Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 07: Global ESL market penetration
PART 08: Market segmentation by retail store format
PART 09: Market segmentation by wireless solution
PART 10: Market segmentation by distribution channel

Browse full table of contents and data tables For Global Electronic Shelf Label Market Report @ https://marketsizeforecasters.com/global-electronic-shelf-label-market-2017-2021

Global Electronic Shelf Label Market was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Global Electronic Shelf Label Market of 60 pages having tables and figures is available for purchase at
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