Global Electronic Shelf Labels ESL Market by Type (Lcd Esl, Segmented E-Paper Esl, Full-Graphic E-Paper Esl), By Application (Introduction, Healthcare, Logistics, Retail, Manufacturing, Automotive, Fast-Moving Consumer Goods) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The global electronic shelf labels ESL market is projected to reach USD 2.06 billion by 2028 from USD 0.89 billion in 2018, growing at a CAGR of 17.2% during the forecast period (2019-2028). The major factors driving this growth are the increasing demand for self-checkout solutions and an increase in the adoption of digital technologies like QR codes and RFID tags that help retailers streamline their operations for increased efficiency.
Electronic shelf labels ESLs are a type of electronic labeling system. They function by using an RFID scanner to read the data stored on their surface, which then transmits this information wirelessly. This technology is currently used in retail stores for tracking inventory and keeping track of where shelves need restocking. Electronic shelf labels ESL are the barcodes that retailers display on the shelves of their stores. When customers scan these codes with a scanning device, they can view information about products such as pricing and product availability in real-time. This helps them make decisions faster than if they had to wait for assistance from staff members at retail stores.
On the basis of type, the ESL market is segmented into Lcd Esl, Segmented E-Paper Esl, Full-Graphic E-Paper.
Lcd ESL
It is the most commonly used electronic shelf label. It uses LCDs as a display and an infrared beam to transmit data from the system’s computer systems to ESL displays. The main advantage of these types is that they have good readability, which means they can be easily deciphered by shoppers without any problems.
Segmented E-paper ESL
The segmented E-paper ESLs are a new type of electronic shelf label that is in its infancy. The main advantage to these types is the fact they can be made into shapes like words, so it’s easier for shoppers to find what they want and need quickly without any problems. There have been some advancements with the technology used for segmented E-paper labels in recent years, such as more colors being available using this medium or LED lights which make them brighter than before but still not bright enough compared to Lcd Esls.
Full Graphic E-paper ESL
It is the most advanced type of ESL. It includes the widest range of up-to-date features such as bar code, RFID, NFC tags, and laser mark. It can be read from a distance with acuity equal to that found in print on paper label stock. The Full Graphic Label displays full graphics instead of just text only on an LCD display screen. This makes it possible to show pictures, animations, and video content to the ESL.
On the basis of application, electronic shelf labels are segmented into introduction, healthcare, logistics management, retail, manufacturing, automotive ESL.
Introduction
Introduction application is the most commonly used ESLs in grocery stores or supermarkets to introduce a new product with its name, price, and picture on large billboards that are very visible at all angles of the store while walking through it without having to look for more information; this type of ESL has been introduced as another way for consumers to access nutritional facts about food products they may purchase.
Healthcare
Healthcare ESLs are used when the patient can see them while in bed or sitting up, this allows for a more interactive experience with their healthcare providers. A major challenge in the health sector is to automate processes. This can be done by using ESL for labeling medicines or other healthcare items that are not prescribed orally, such as syringes and needles. The use of electronic shelf labels brings about significant benefits including product identification accuracy and security (through encryption), reduction in medication errors, and improved efficiency with storage. Electronic tags have also been found to help increase compliance among patients with adherence to treatment regimens, which translates into less recurrence of diseases like diabetes and cardiovascular disease.
Logistics management
Logistics management application is focused on and optimized for managing products from one place to another within an organization. Electronic shelf labels are used in logistics to track the movement of products in a retail store. They help retailers manage their inventory, improve customer service and optimize space utilization.
Retail
Retail ESL has been introduced as a way of labeling goods that also have QR codes linking customers to videos about how they should be using these items. The ESLs are used in retail stores to show the price of products. Retailers use this technology for their own convenience and customers benefit from it as well because they can find out information about a product before buying them. When retailers want to promote specific products on sale, they may install an ESL that displays the promotional message.
Manufacturing
Manufacturing ESLs provide information about assembly instructions and production dates which make it easier for employees who need access according to their specific roles whereas Fast-moving Consumer Goods ESLs shows the expiration dates of specific products, which helps customers make decisions.
Automotive
ESL is used in automotive to provide drivers with clear and concise information as they drive, such as warning messages. It also provides directions for automated parking systems so that the driver can find a suitable space more quickly than if he or she were using their own judgment. For example, ESL uses an LCD screen for better visibility when driving at night or under bad weather conditions. The display may be backlit so it will still work even without power from other sources, like solar panels on top of cars' roofs. These features make ESL ideal for use by safety-conscious car manufacturers who are looking to reduce accidents related to poor vision among drivers caused by insufficient lighting while operating vehicles and being able to see well enough while driving during inclement weather.
On the basis of region, the global electronic shelf labels ESL market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Geographically North American region has the largest share owing to growing awareness about safety among consumers coupled with increasing numbers of manufacturing plants that are moving their production lines closer to where consumer products are actually consumed.
Growth Factors
The global electronic shelf labels ESL market has been witnessing growth due to the rising adoption rate of new technologies like augmented reality and virtual reality which have thereby increased its usage across all sectors such as the healthcare logistics manufacturing industry etc., which have thereby increased its usage across all sectors. Manufacturers are adopting newer technology due to increasing trends among consumers who prefer products with innovative features. The emergence of IoT-driven solutions in the market has also increased the adoption of electronic shelf labels ESL.
Up Market Research published a new report titled “Electronic Shelf Labels ESL Market research report which is segmented by Types (Lcd Esl, Segmented E-Paper Esl, Full-Graphic E-Paper Esl), By Applications (Introduction, Healthcare, Logistics, Retail, Manufacturing, Automotive, Fast-Moving Consumer Goods), By Players/Companies Pricer(Sweden), SES-imagotag(France), Samsung Electro-Mechanics(South Korea), E Ink Holding(Taiwan), Displaydata(UK), M2Communication(Taiwan), Diebold Nixdorf(Germany), Opticon Sensors Europe(Netherlands)”.
Report Scope
Report Attributes | Report Details |
Report Title | Electronic Shelf Labels ESL Market Research Report |
By Type | Lcd Esl, Segmented E-Paper Esl, Full-Graphic E-Paper Esl |
By Application | Introduction, Healthcare, Logistics, Retail, Manufacturing, Automotive, Fast-Moving Consumer Goods |
By Companies | Pricer(Sweden), SES-imagotag(France), Samsung Electro-Mechanics(South Korea), E Ink Holding(Taiwan), Displaydata(UK), M2Communication(Taiwan), Diebold Nixdorf(Germany), Opticon Sensors Europe(Netherlands) |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 231 |
Number of Tables & Figures | 162 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Electronic Shelf Labels ESL Market Report Segments:
The market is segmented by Type Lcd Esl, Segmented E-Paper Esl, Full-Graphic E-Paper Esl and By Application Introduction, Healthcare, Logistics, Retail, Manufacturing, Automotive, Fast-Moving Consumer Goods.
Some of the companies that are profiled in this report are:
- Pricer(Sweden)
- SES-imagotag(France)
- Samsung Electro-Mechanics(South Korea)
- E Ink Holding(Taiwan)
- Displaydata(UK)
- M2Communication(Taiwan)
- Diebold Nixdorf(Germany)
- Opticon Sensors Europe(Netherlands)
Electronic Shelf Labels ESL Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Electronic Shelf Labels ESL Market
Overview of the regional outlook of the Electronic Shelf Labels ESL Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Electronic Shelf Labels ESL Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Electronic Shelf Labels ESL Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Lcd Esl
2. Segmented E-Paper Esl
3. Full-Graphic E-Paper Esl
7. By Application:1. Introduction
2. Healthcare
3. Logistics
4. Retail
5. Manufacturing
6. Automotive
7. Fast-Moving Consumer Goods
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Shelf Labels ESL Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Electronic Shelf Labels ESL Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Shelf Labels ESL Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Shelf Labels ESL Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Shelf Labels ESL Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Shelf Labels ESL Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Shelf Labels ESL Market Size & Forecast, 2018-2028
4.5.1 Electronic Shelf Labels ESL Market Size and Y-o-Y Growth
4.5.2 Electronic Shelf Labels ESL Market Absolute $ Opportunity
Chapter 5 Global Electronic Shelf Labels ESL Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electronic Shelf Labels ESL Market Size Forecast by Type
5.2.1 Lcd Esl
5.2.2 Segmented E-Paper Esl
5.2.3 Full-Graphic E-Paper Esl
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic Shelf Labels ESL Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electronic Shelf Labels ESL Market Size Forecast by Applications
6.2.1 Introduction
6.2.2 Healthcare
6.2.3 Logistics
6.2.4 Retail
6.2.5 Manufacturing
6.2.6 Automotive
6.2.7 Fast-Moving Consumer Goods
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Shelf Labels ESL Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Shelf Labels ESL Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electronic Shelf Labels ESL Analysis and Forecast
9.1 Introduction
9.2 North America Electronic Shelf Labels ESL Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electronic Shelf Labels ESL Market Size Forecast by Type
9.6.1 Lcd Esl
9.6.2 Segmented E-Paper Esl
9.6.3 Full-Graphic E-Paper Esl
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electronic Shelf Labels ESL Market Size Forecast by Applications
9.10.1 Introduction
9.10.2 Healthcare
9.10.3 Logistics
9.10.4 Retail
9.10.5 Manufacturing
9.10.6 Automotive
9.10.7 Fast-Moving Consumer Goods
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electronic Shelf Labels ESL Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic Shelf Labels ESL Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electronic Shelf Labels ESL Market Size Forecast by Type
10.6.1 Lcd Esl
10.6.2 Segmented E-Paper Esl
10.6.3 Full-Graphic E-Paper Esl
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electronic Shelf Labels ESL Market Size Forecast by Applications
10.10.1 Introduction
10.10.2 Healthcare
10.10.3 Logistics
10.10.4 Retail
10.10.5 Manufacturing
10.10.6 Automotive
10.10.7 Fast-Moving Consumer Goods
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electronic Shelf Labels ESL Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic Shelf Labels ESL Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electronic Shelf Labels ESL Market Size Forecast by Type
11.6.1 Lcd Esl
11.6.2 Segmented E-Paper Esl
11.6.3 Full-Graphic E-Paper Esl
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electronic Shelf Labels ESL Market Size Forecast by Applications
11.10.1 Introduction
11.10.2 Healthcare
11.10.3 Logistics
11.10.4 Retail
11.10.5 Manufacturing
11.10.6 Automotive
11.10.7 Fast-Moving Consumer Goods
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electronic Shelf Labels ESL Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic Shelf Labels ESL Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electronic Shelf Labels ESL Market Size Forecast by Type
12.6.1 Lcd Esl
12.6.2 Segmented E-Paper Esl
12.6.3 Full-Graphic E-Paper Esl
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electronic Shelf Labels ESL Market Size Forecast by Applications
12.10.1 Introduction
12.10.2 Healthcare
12.10.3 Logistics
12.10.4 Retail
12.10.5 Manufacturing
12.10.6 Automotive
12.10.7 Fast-Moving Consumer Goods
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electronic Shelf Labels ESL Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic Shelf Labels ESL Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electronic Shelf Labels ESL Market Size Forecast by Type
13.6.1 Lcd Esl
13.6.2 Segmented E-Paper Esl
13.6.3 Full-Graphic E-Paper Esl
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electronic Shelf Labels ESL Market Size Forecast by Applications
13.10.1 Introduction
13.10.2 Healthcare
13.10.3 Logistics
13.10.4 Retail
13.10.5 Manufacturing
13.10.6 Automotive
13.10.7 Fast-Moving Consumer Goods
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Shelf Labels ESL Market: Competitive Dashboard
14.2 Global Electronic Shelf Labels ESL Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pricer(Sweden)
14.3.2 SES-imagotag(France)
14.3.3 Samsung Electro-Mechanics(South Korea)
14.3.4 E Ink Holding(Taiwan)
14.3.5 Displaydata(UK)
14.3.6 M2Communication(Taiwan)
14.3.7 Diebold Nixdorf(Germany)
14.3.8 Opticon Sensors Europe(Netherlands)