Jan 9, 2018   SOURCE: BusinessWire

Global Electronic Shelf Label Market 2018-2022 - Increase in Number of Retail Outlets Driving the Market - Research and Markets

The "Global Electronic Shelf Label Market 2018-2022" report has been added to Research and Markets' offering.

Global electronic shelf label market to grow at a CAGR of 15.07% during the period 2018-2022.

The report covers the present scenario and the growth prospects of the global electronic shelf label market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of electronic shelf label.

The latest trend gaining momentum in the market is growing affordability of retailers. Factors such as flexibility, low power consumption, and low price of ESLs are increasing the affordability for the retailers. Retailers are increasingly demanding for low-cost LCD ESLs due to its low power consumption and bi-stable features. E-paper is gaining prominence as it provides crisp display and supports full graphic imaging. Moreover, this product also works on the communication network that displays the updated price in real-time.

One of the major drivers for this market is increase in number of retail outlets. Major retailers such as Carrefour, Metro, Tesco, and Walmart are focusing on expanding their operations in countries in Africa and APAC. Geographical expansion aids the retailers in acquiring more market presence and shares. Carrefour has already entered a joint venture with CFAO to expand its market operations in several countries. Another prominent player, Seven-Eleven, is concentrating on expanding its stores in the US. With the focus of these retailers to expand their geographic reach, the demand for electronic shelf labels will increase in the coming years.

Intense competition and rapid technological changes impact the performance of the vendors in the digital price labels market. To sustain the competition, the small players are steadily entering in consolidations with the large players.

Market Trends

  • Growing demand for smart ESLs
  • Increasing affordability factor for retailers
  • Increasing partnership programs for ESL distribution

Key Vendors

  • Altierre
  • Displaydata.com
  • E Ink Holdings
  • Pricer
  • SES-imagotag
  • Teraoka Seiko

Other Prominent Vendors

  • Eltrade
  • NZ Electronic Shelf Labeling
  • S o l u M
  • Wuxi Wei Feng Technology

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation by Product

Part 09: Customer Landscape

Part 10: Market Segmentation by Technology

Part 11: Market Segmentation by End-User

Part 12: Regional Landscape

Part 13: Decision Framework

Part 14: Drivers and Challenges

Part 15: Market Trends

Part 16: Vendor Landscape

Part 17: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/t8hgnq/global_electronic?w=4