Global Electronic Shelf Label Market Size is estimated to expand rapidly in coming years, at a CAGR of 12.85 % from 2018 to 2025. In 2017, the global market valuation was USD 1.35 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Electronic shelf label system is used retailers to display the product price on shelves. The product pricing is automatically updated when the price is changed from the control server. The wide range of users ranges from groceries market, hardware stores, sports equipment, furniture, consumer appliances, and electronics and gadgets. The retailers are adopting these solutions to make continuous changes in the prices of products and adding promotional offers to attract customers. According to the research and analysis, North America region is expected to be the highest growing region in the market of electronic shelf label.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global electronic shelf market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global electronic shelf market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Type Insights: on the basis of device type, global electronic shelf market has been segmented into LCD, segmented E-paper, full-graphic E-paper. Amongst which full graphic E-paper is expected to be the highest growing sector in the market of electronic shelf label. With the help of these types of shelves it becomes easier for the customer to see the tags labeled on the top and bottom of those shelves.
By Communication Technology Insights: On the basis of communication technology, global electronic shelf market has been segmented into RF, IR, NFC. Amongst which NFC segment is anticipated to witness high growth in the market.
By Commercial Application Insights: On the basis of commercial application, global electronic shelf market hypermarkets, supermarkets and others. Growing trend of automation in the retail market is expected to drive the market in the forecast period. Electronic shelves are highly used in hypermarkets.
The global electronic shelf market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America is expected to witness high growth in upcoming time span due to high number of retail stores occupied in the region. Technical advancements and key manufacturers of automation is also one of the reasons behind market uplifting. Retail automation is anticipated to drive the market in the forecast period. In terms of region, the Asia Pacific region is expected to witness high growth in the market in the upcoming time period owing to the industrial innovation and integration in supply management. Low cost of raw material and easy availability of labors are key points for boosting the market in Asia Pacific region. Europe is anticipated to dominate the global electronic shelf market over the projected period majorly owing to high consumer awareness, better technological connectivity and ease of raw material and highly cost-effective business strategies.
Global Electronic Shelf Label Market Size, Share Analysis by Region 2017
Global Electronic Shelf Market Study Objective
1. To forecast the market size of global electronic shelf market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of global v market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have major impact on the growth of global electronic shelf market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of global electronic shelf market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the global electronic shelf market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
E Ink Holding, Inc., LG Corporation, Altierre Corporation, SoluM, Wincor Nixdorf are some of the key players in the market of electronic shelf.
Global Electronic Shelf Label Market Study Report Offer You!
The global electronic shelf market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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