Global $2+ Billion Electronic Shelf Label (ESL) Market Forecast, 2025 - Featuring Altierre, Diebold Nixdorf, DIGI System Gurgaon, DisplayData, LG CNS, M2Communications, and More
DUBLIN, April 6, 2020 /PRNewswire/ -- The "Electronic Shelf Label (ESL) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
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The global electronic shelf label market grew at a CAGR of around 21% during 2014-2019. Looking forward, the market is projected to reach a value of US$ 2,082.7 Million by 2025, registering a CAGR of 24.6% during 2020-2025.
In recent times, the high prevalence of technological revolution across the retail industry of both the developed and developing regions have augmented the demand for ESL systems. Furthermore, the developing economies, such as China and India, have emerged as substantial markets for retail automation. Several retailers are adopting retail automation solutions for improved consumer satisfaction, automatic price updates, reduced operational and labor costs, and efficient store management.
In addition to this, the rapid integration of full graphic e-papers with ESL systems has positively influenced the development of in-store communication solutions. Moreover, various technological advancements, for instance, the introduction of ESL systems based on radio frequency (RF) communication technology, are expected to fuel the growth of the global electronic shelf label market in the coming years.
Segment Highlights
-- Based on the type, the report finds that liquid crystal displays (LCDs)
exhibit a clear dominance in the market, accounting for the majority of
the global market share. Other popular types are full-graphic and
segmented e-papers.
-- The market has been bifurcated based on the component into hardware and
software. Hardware currently represents the most popular component.
-- On the basis of the technology, the market has been categorized into
radiofrequency, infrared, near-field communication (NFC) and others. At
present, the majority of ESLs are embedded with infrared technology.
-- Based on the application, the market has been segregated into
supermarkets and hypermarkets, convenience stores and others. Amongst
these, ESLs are most widely utilized in supermarkets and hypermarkets.
-- Region-wise, North America holds the leading position in the market.
Other major markets include Asia Pacific, Europe, Latin America, and
Middle East and Africa.
Key Questions Answered
-- How has the electronic shelf label market performed so far and how will
it perform in the coming years?
-- What is the breakup of electronic shelf label market based on the type?
-- What is the breakup of electronic shelf label market based on the
component?
-- What is the breakup of electronic shelf label market based on the
technology?
-- What is the breakup of electronic shelf label market based on the
application?
-- What are the key regional markets?
-- What are the various stages in the value chain of the industry?
-- What are the key driving factors and challenges in the market?
-- What is the structure of the electronic shelf label market and who are
the key players?
-- What is the degree of competition in the market?
Key Topics Covered
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Electronic Shelf Label Industry
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Type
6.1 Liquid crystal display (LCD)
6.2 Full graphic E-paper
6.3 Segmented E-paper
6.4 Others
7 Market Breakup by Component
7.1 Hardware
7.2 Software
8 Market Breakup by Technology
8.1 Radiofrequency
8.2 Infrared
8.3 NFC
8.4 Others
9 Market Breakup by Application
9.1 Supermarkets and Hypermarkets
9.2 Convenience store
9.3 Others
10 Performance of Key Regions
10.1 Europe
10.2 North America
10.3 Asia-Pacific
10.4 Latin America
10.5 Middle East & Africa
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porter's Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Altierre corporation
14.3.2 Diebold Nixdorf
14.3.3 DIGI System Gurgaon Pvt. Ltd.
14.3.4 Displaydata Ltd.
14.3.5 LG CNS
14.3.6 M2communications
14.3.7 Panasonic
14.3.8 Pricer
14.3.9 Samsung
14.3.10 SES Imagotag
For more information about this report visit https://www.researchandmarkets.com/r/8jnlsk
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