Electronic Shelf Label System 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 System Market aims to provide a comprehensive presentation of the global market for Electronic Shelf Label (ESL) System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Shelf Label (ESL) System. Electronic Shelf Label System Market contains market size and forecasts of Electronic Shelf Label (ESL) System in global, including the following market information:

Global Electronic Shelf Label (ESL) System Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Electronic Shelf Label (ESL) System Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Electronic Shelf Label (ESL) System companies in 2022 (%)

The global Electronic Shelf Label (ESL) System market was valued at US$ 1052.6 million in 2022 and is projected to reach US$ 2614 million by 2029, at a CAGR of 13.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The major players in global Electronic Shelf Label (ESL) System market include BOC (SES-imagotag), Pricer, SoluM, etc. The top 3 players occupy about 55% shares of the global market. Europe is the main market, and occupies about 60% of the global market. Standard (1-3 inch) is the main type, with a share about 55%. Department Stores or Mass Merchandise is the main application, which holds a share about 50%.

We surveyed the Electronic Shelf Label (ESL) System 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) System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Electronic Shelf Label (ESL) System Market Segment Percentages, by Type, 2022 (%)

Standard (1-3 inch)

Mid-Large (3.1-7 inch)

Large (7.1-10 inch)

Global Electronic Shelf Label (ESL) System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Electronic Shelf Label (ESL) System Market Segment Percentages, by Application, 2022 (%)

Department Stores or Mass Merchandise

Grocery or Supermarket

Drug Stores

Specialty Stores

Others

Global Electronic Shelf Label (ESL) System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Electronic Shelf Label (ESL) System Market Segment Percentages, By Region and Country, 2022 (%)

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) System revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Electronic Shelf Label (ESL) System revenues share in global market, 2022 (%)

Key companies Electronic Shelf Label (ESL) System sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Electronic Shelf Label (ESL) System sales share in global market, 2022 (%)

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

BOC (SES-imagotag)

Pricer

SoluM

E Ink

Displaydata

Opticon Sensors Europe B.V

DIGI

Hanshow

LG innotek

Panasonic

Altierre

Outline of Major Chapters:

Chapter 1: Introduces the definition of Electronic Shelf Label (ESL) System, market overview.

Chapter 2: Global Electronic Shelf Label (ESL) System market size in revenue and volume.

Chapter 3: Detailed analysis of Electronic Shelf Label (ESL) System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Electronic Shelf Label (ESL) System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Electronic Shelf Label (ESL) System capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.