Electronic Shelf Label Market

Electronic Shelf Label, also known by the acronym ESL. It is the latest solution for inventory and price management in the retail sector, based on the use of advanced IT technology. ESL replaces conventional paper price tags attached to the shelves of supermarkets and department stores with, for example, LCDs and electronic paper (E-paper) that show information on product price, sales promotions, etc.

ESL takes advantage of Zigbee, a low-power wireless communication technology, to keep product prices updated in real time. ESL consists of an e-paper equipped tag and gateway which delivers product information. The central server transmits information of each product to the gateway, which in turn sends such information to thousands of tags at the same time.

An electronic shelf label includes a transceiver configured to communicate with a plurality of wireless data tags associated with a plurality of retail products.

Electronic Shelf Label Market contains market size and forecasts of Electronic Shelf Label (ESL) in global, including the following market information:

Global Electronic Shelf Label (ESL) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Electronic Shelf Label (ESL) Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Electronic Shelf Label (ESL) companies in 2021 (%)

The global Electronic Shelf Label (ESL) market was valued at 1011.5 million in 2021 and is projected to reach US$ 2511.8 million by 2028, at a CAGR of 13.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Liquid Crystal Display (LCD) Displays Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Electronic Shelf Label (ESL) include BOE (SES-imagotag), Pricer, SoluM, E Ink, Displaydata, Opticon Sensors Europe B.V, DIGI, Hanshow and LG innotek, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Electronic Shelf Label (ESL) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Electronic Shelf Label (ESL) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electronic Shelf Label (ESL) Market Segment Percentages, by Type, 2021 (%)

Liquid Crystal Display (LCD) Displays

E-Paper Displays

Global Electronic Shelf Label (ESL) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electronic Shelf Label (ESL) Market Segment Percentages, by Application, 2021 (%)

Department Stores/Mass Merchandise

Grocery/Supermarket

Drug Stores

Specialty Stores

Others

Global Electronic Shelf Label (ESL) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electronic Shelf Label (ESL) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Electronic Shelf Label (ESL) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Electronic Shelf Label (ESL) revenues share in global market, 2021 (%)

Key companies Electronic Shelf Label (ESL) sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Electronic Shelf Label (ESL) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

BOE (SES-imagotag)

Pricer

SoluM

E Ink

Displaydata

Opticon Sensors Europe B.V

DIGI

Hanshow

LG innotek

Panasonic

Altierre