Electronic Shelf Label Market By Top Trends, Manufacturers and Challenges 2022-2028
The electronic shelf label (ESL) market is projected to gather noteworthy gains owing to its ability to offer improved operational efficiencies. These devices are mainly used in the retail sector that is increasingly edging towards automation.
With rapid retail automation, ESL could observe heavy demand in the forthcoming years. In addition, these labels help in expanding customer base with innovative marketing campaigns and displaying attractive pricing, further increasing customer engagement across retail outlets. ESLs can potentially improve the overall operational flow in supermarkets, hypermarkets and industries by offering centralized control of the entire system.
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Based on applications, the ESL industry is divided into commercial and industrial sectors. Out of these, the commercial sector is estimated to see healthy growth over the predicted timeframe. Several supermarkets nowadays are concentrating on digitizing their entire infrastructure by integrating the benefits of traditional brick & mortar stores with online shopping.
As of now, the ESL industry is still in its developmental stage across numerous commercial stores and small-scale industries, as they are refraining from implementing these devices because of budgetary constraints. But as economic conditions improve and more people gain awareness about the benefits of the latest technologies, the ESL market could witness healthy growth over the coming years.
The Middle East & Africa is considered to be a promising avenue for the ESL industry, even though it is still in the nascent stage. The region has a rich presence of rapidly developing retail sector especially in Saudi Arabia and the UAE. Proliferating population base coupled with supportive federal initiatives to promote the growth of retail sector could massively enhance the growth prospects of the ESL market in MEA.
The competitive landscape of the electronic shelf label (ESL) market is inclusive of players such as Advantech Co. Ltd., Diebold Nixdorf, Samsung Electronics Co. Ltd., Pricer AB, NXP Semiconductors N.V., SES-Imagotag
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Table of Content
Chapter 4 Competitive Landscape,
4.1 Introduction
4.2 Market Share Analysis,2020
4.3 Competitive analysis of major players
4.3.1 E Ink Corp
4.3.2 Pricer AB
4.3.3 SES-imagotag
4.3.4 SoluM
4.3.5 Samsung Electro-Mechanics
4.3.6 Diebold Nixdorf
4.4 Competitive analysis of other prominent players
4.4.1 Displaydata
4.4.2 Opticon
4.4.3 Teraoka Seiko Co., Ltd.
4.4.4 NXP Semiconductors N.V.
4.4.5 M2COMM
4.5 Vendor adoption matrix
Chapter 5 Electronic Shelf Label (ESL) Market, By Product
5.1 Key trends by product
5.2 LCD ESL
5.2.1 Market estimates and forecast, 2017 - 2027
5.3 Segmented e-paper ESL
5.3.1 Market estimates and forecast, 2017 - 2027
5.4 Full Graphic E-paper ESL
5.4.1 Market estimates and forecast, 2017 - 2027
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