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Electronic Shelf Label (ESL) Market

2018-2023
Research Report
by
Arizton Advisory & Intelligence

Mail: enquiry@arizton.com
Electronic Shelf Label Market –
Scope of the Report
Arizton’s recent market research report on the electronic shelf
label (ESL) market provides comprehensive industry analysis,
trend forecasts, and competitive analysis.
The research study segments the market by following
segments
Display
LCD
EPD
OLED

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Electronic Shelf Label Market –
Scope of the Report (Cont..)
 Technology
Vendor Facing (RF And IR)
Customer Facing (BLE And NFC)
 End-users
Supermarkets And Hypermarkets
Departmental Stores
Convenience Stores
Drugstores
Others
 Geography
North America
APAC
Europe
MEA
Latin America
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Electronic Shelf Label Market –
Report Highlights
The ESL market is projected to reach revenues more than
$1,675 million and is expected to grow at a CAGR of over 28%
during 2017-2023.

The vendor facing technology was very popular in the ESL


market producing around 246 million units in 2017 and is
expected to grow at a CAGR of more than 39% during the
forecast period.

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ESL Market –
Report Highlights (cont..)
LCD screens to dominate the global ESL market during 2017-
2023
The LCD segment dominated the market accounting for around
47% of the total market share and is anticipated to grow at a
CAGR of more than 29% during the forecast period.

Supermarkets and hypermarkets to generate the highest


revenues in the global ESL market during the forecast period

Europe to dominate the market share in the global ESL market


during the forecast period

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Electronic Shelf Label Market –
Trends & Drivers
The emergence and prominence of omni-channel and retail
reality
Declining Prices of Micro-displays

Imminent Retail Automation

SKU Proliferation Warranting Need for Smarter Inventory


Management
For more trends, drivers & restraints view report: Electronic
Shelf Label Market – Global Outlook and Forecast 2018-2023

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Electronic Shelf Label Market –
By Technology
 Vendor Facing (RF and infra-red (IR)) technologies are the most
predominately used mode of communication in the ESL market
 RF technology dominated the vendor facing segment occupying
around 90% of the total market share in 2017.

Customer-facing technologies are the fastest growing segment


in the electronic shelf label market at a CAGR of over 48% and
are projected to produce volumes of close to 160 million units
during 2017-2023
NFC segment dominates the customer-facing technologies
accounting for around 45% of the total market share in 2017

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Electronic Shelf Label Market –
By Display
E-paper or electrophoretic displays (EPD) is the fastest
growing segment in the electronic shelf label market at an
exponential CAGR of close to 53% during 2017-2023

The segment is anticipated to produce volumes more than 240


million units during the forecast period

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Electronic Shelf Label Market –
By End-Users
Supermarkets and hypermarkets dominated the ESL market
generating revenues of more than $187 million in 2017 and is
expected to grow at a CAGR of over 27% during the forecast
period.

The adoption of self-service in supermarkets and hypermarkets is


boosting the growth of this market segment in global ESL market

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Electronic Shelf Label Market –
By Geography
Europe was the largest market in the global ESL market
accounting for close to 34% of the total market share in 2017
and is expected to grow at a CAGR more than 26% during the
forecast period.
North America to grow at the fastest CAGR during the 2017-
2023
The market in North America is expected to grow at a CAGR
more than 30% and is anticipated to generate revenues of over
$465 million during the forecast period
The US constitutes about 89% of the retail industry in North
America and presence of prominent retail chains will boost the
demand in ESL market in the region.

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Electronic Shelf Label Market –
Key Countries
US
Germany
France
UK
China
Japan
Singapore

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Electronic Shelf Label Market –
Key Vendors
The major vendors in the global market are:
SES-imagotag
Pricer
Displaydata Ltd
Altierre Corp
DIGI
Other prominent vendors include E-Ink Holdings Inc, Samsung
Electro Mechanics (SEMCO), Mirador Marketing, CEST Ltd, LG
Innotak, NZ Electronic Shelf Label, Opticon Inc, Hanshow
Technology, Pervasive Displays Inc., (PDI), and Wincor Nixdorf.

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About
Arizton Advisory & Intellligence
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which
offers cutting-edge research solutions to clients across the world. We excel in
providing comprehensive market intelligence reports and advisory and consulting
services.

We offer comprehensive market research reports on industries such as consumer


goods & retail technology, automotive and mobility, smart tech, healthcare and life
sciences, industrial machinery, chemicals and materials, IT and media, logistics
and packaging. These reports contain detailed industry analysis, market size,
share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have


mastered in generating incisive reports. Our specialist analysts possess exemplary
skills in market research. We train our team in advanced research practices,
techniques, and ethics to outperform in fabricating impregnable research reports.

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Contact us

View report :
Electronic Shelf Label Market – Global Outlook and
Forecast 2018-2023

Link:
https://www.arizton.com/market-reports/electronic-shelf-label-market

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