Electronic Shelf Label (ESL)

Electronic Shelf Label (ESL) Market is valued at USD 321.6 Billion in 2018 and expected to reach USD 936.7 Billion By 2025 with the CAGR of 16.5% over the forecast period. Technological advancement and increased demand for automation is likely to grow the electronic shelf label market.
Scope of Electronic Shelf Label (ESL) Market Report:
Electronic shelf label (ESL) is the electronic system used by the retailers to display the price of product and it uses infrared technology or radio frequency for the wireless communications. The price of each product is changes when it is updated in central control server. These help in the elimination of discrepancy in the price or product information and also enhance the store operation efficiency by eliminating the constant checking and updating the paper labels. ESL has also minimized the pricing errors and there is an increase in applications of ESL it can also be used in pharmacy store.

Electronic Shelf Label (ESL) Market report is segmented on Product type, technology type, store type and by regional & country level. Based upon product type, electronic shelf label (ESL) market is segmented into LCD ESL, Segmented E-Paper ESL, and Full-Graphic E-Paper ESL. On the basis of technology type, the market is segmented into Radio Frequency (RF), Infrared (IR), Near Field Communication (NFC), and Other. Based upon store type, electronic shelf label (ESL) market is classified into Hypermarkets, Supermarkets, Non-Food Retail Stores, Specialty Stores and Other. 
 
The regions covered in this Electronic Shelf Label (ESL) market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Electronic Shelf Label (ESL) market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc. 
 
Key Players for Electronic Shelf Label (ESL) Market Reports– Some major key players for Electronic Shelf Label (ESL) market are Wincor Nixdorf, SES-imagotag, M2Communication, Ltd., Pricer AB, LG Innotek, CEST, Displaydata, Teraoka Seiko Co., Altierre, E Ink Corp., and SoluM among others.

Increase in automation in retail and technological advancement is the key factor which helps Electronic Shelf Label (ESL) Market to grow.
There is an constant increase in the retail business with the constant increase in the population over the period of time. There is an increase in the demand for cost efficient and secure fast price labeling has increase the ESL market. There is an constant increase in the automation in the retail sectors which is expected to increase the operational efficiency of the retail store in the long run and reduces the human errors. Moreover, technological advancement and stringent regulatory policies are against the misleading product prices which in turn fuel the growth of electronic shelf labeling market over the forecast period. These ESL system also provide the stock information with weekly price change, promotion and discount offer which improve the customer experience which in turn increases the overall sales of the store. Increasing demand for smart ESL is expected to create opportunities for the electronic shelf label market over the forecast period. However, lack of awareness about ESL market is expected hamper the growth of ESL market over the forecast period.

Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Electronic Shelf Label (ESL) Market. 

Key Benefits for Electronic Shelf Label (ESL) Market Reports 
• Global market report covers in-depth historical and forecast analysis.
• Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
• Global market report helps to identify opportunities in market place.
• Global market report covers extensive analysis of emerging trends and competitive landscape.

Electronic Shelf Label (ESL) Market Segmentation –
By Product Type 
•	LCD ESL
•	Segmented E-Paper ESL
•	Full-Graphic E-Paper ESL

By Technology
•	Radio Frequency (RF)
•	Infrared (IR)
•	Near Field Communication (NFC)
•	Other

By Store Type 
•	Hypermarkets
•	Supermarkets
•	Non-Food Retail Stores
•	Specialty Stores
•	Other 

 By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o France
o Germany
o Russia
o Rest of Europe
• Asia-Pacific
o China
o South Korea
o India
o Japan
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa

North America is expected to dominate the Electronic Shelf Label (ESL) Market.  North America accounted for largest market share to dominate the electronic shelf label market. The presence of developed countries such as Canada, U.S. and others coupled with presence of retail stores across the region. Europe is expected to be the second largest growing market for electronic shelf label market due to the technological advancement taken place. Especially, in terms of automation in the retail sector moreover, most of the manufacturer belongs to the region are expected to drive the growth of ESL market. Asia Pacific is expected to develop significantly over the forecast period owing to the presence of developing economies such as India, China and others. Furthermore, increasing awareness among people coupled with increase in retail chain business has also increased the demand for increased operation efficiency. However, some of Asia Pacific countries have high labor cost to reduce the operational cost and increase the efficiency and also increase in promotional activities are expected to drive the growth of ESL market over the forecast period. Latin America is expected to follow Asia Pacific in terms of growth rate. Middle East and Africa is expected to develop at a considerable rate in the near future. 

Electronic Shelf Label (ESL) Market Key Players:
• Wincor Nixdorf
• SES-imagotag
• M2Communication, Ltd.
• Pricer AB
• LG Innotek
• CEST
• Displaydata
• Teraoka Seiko Co.
• Altierre
• E Ink Corp. 
• Others

This comprehensive report will provide:

• Enhance your strategic decision making
• Assist with your research, presentations and business plans
• Show which emerging market opportunities to focus on
• Increase your industry knowledge
• Keep you up-to-date with crucial market developments
• Allow you to develop informed growth strategies
• Build your technical insight
• Illustrate trends to exploit
• Strengthen your analysis of competitors
• Provide risk analysis, helping you avoid the pitfalls other companies could make
• Ultimately, help you to maximize profitability for your company.

Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2017?
• How will each segment grow over the forecast period and how much revenue will these segment account for in 2025?
• Which region has more opportunities?

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