Global Electronic Shelf Labels Market 2023-2030- By Offering (Hardware (Camera, ESL Tags, and Access Point/Gateways) and Software/Platforms); By Product (E-Paper Display and LCDP); By Frequency Band (433 MHz, 868 MHz and 915 MHz, and 2.4GHz and 5GHz); By End-Users (Consumer Electronics, Grocery, DIY, Drug Store, Warehouse, Retail, Healthcare, and Others); By Geography (APAC, Americas, Europe, and MEA).
Global Electronic Shelf Labels Market 2023-2030
DESCRIPTION
Market Intelligence Summary
According to WDO Consulting, the global shipment of Electronic Shelf Labels (ESL) is expected to reach XX million units by 2030. ESL Market is expected to grow at a compound annual growth rate (CAGR) of around XX% from 2023 to 2030, reaching a market value of over USD XX million by 2030.
The ESL market has been experiencing steady growth, driven by the increasing adoption of automation and digitization in the retail sector. Retailers are recognizing the operational efficiency and cost-saving benefits associated with ESLs, which contribute to the overall market expansion. Smart labels enable retailers to update product pricing in real-time, allowing for dynamic pricing strategies. Integration of digital price tags with Internet of Things (IoT) allows for enhanced connectivity, enabling retailers to gather and analyze data for better decision-making.
The ongoing advancements in display technology have been contributing to improvements in dynamic pricing displays. Several ESLs use electronic paper (e-paper) displays, which mimic the appearance of ink on paper. While traditional ESLs have used monochromatic displays, there is ongoing development in color e-paper technology. Color displays can enhance the visibility of product information and enable more engaging and informative content. Some smart price tags are incorporating touchscreen capabilities to provide customers with interactive experiences.
Wireless technologies such as Bluetooth Low Energy (BLE) and Wi-Fi are gaining traction in IoT retail solutions. BLE offers energy-efficient communication, enabling prolonged battery life for ESLs. It facilitates seamless communication with mobile devices, enhancing interactivity. Wi-Fi, with its widespread infrastructure, supports high-speed data transfers for quick updates across ESLs.
Global Electronic Shelf Labels (ESL) Market Research Report Coverage (2023-2030)
| Report coverage | Details | |
|---|---|---|
| Base year | 2023 | |
| Forecast year | 2030 | |
| Unit shipment | Million units | |
| Revenue | USD million | |
| By offerings |
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| By product |
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| By frequency band |
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| By end-user |
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| By geography |
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| Market players coverage (Top 5 players market share) |
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Market Dynamics: Key drivers, trends, and challenges
- Key market drivers
- Increased demand for real-time pricing
- Need for customized messaging and promotions
- Key market trends
- Integration of ESL with IoT and smart Retail solutions
- Advancements in display technolog
- Key market challenges
- No global standard for ESL technology, leading to compatibility issues
- Integrating ESLs with existing retail point-of-sale (POS) and inventory management systems is complex
Key questions to be answered
1. What is the current market size of the Global Electronic Shelf Labels (ESL) market, and what is its growth potential over the next five years?
2. How many Electronic Shelf Labels (ESL) were shipped in 2023, and the forecasted shipmnet by 2030?
3. What is the Compound Annual Growth Rate (CAGR) of the Global Electronic Shelf Labels (ESL) market?
4. Which are the key segments covered in the Global Electronic Shelf Labels (ESL) market, and which segments are experiencing the fastest growth?
5. Which geographical region offers the highest growth opportunities in the Global Electronic Shelf Labels (ESL) market?
6. How is the competitive landscape evolving, and who are the key players in the Global Electronic Shelf Labels (ESL) market?
7. Who are the top five players in the Global Electronic Shelf Labels (ESL) market, and what is their respective market share?
TABLE OF CONTENTS
- 1. Project scope
- 1.1 Market definition
- 1.2 Study objective
- 1.3 Scope inclusions
- 1.4 Scope exclusions
- 1.5 Assumptions
- 1.6 Limitations
- 2. Executive summary
- 2.1 Key findings of the study
- 2.2 Key insights from industry experts
- 2.3 Analyst opinion
- 3. Research methodology
- 3.1 Supply-side research methodology
- 3.2 Demand-side research methodology
- 4. Market dynamics
- 4.1 Trends
- 4.2 Drivers
- 4.3 Challenges
- 4.4 Ecosystem
- 4.5 Use cases
- 4.6 Market developments
- 4.6.1 Macroeconomic factors
- 4.6.1.1 Currency fluctuations
- 4.6.1.2 Supply chain disruptions
- 4.6.1.3 Government regulations
- 4.6.1.4 Others
- 4.6.2 Microeconomic factors
- 4.6.2.1 Price fluctuations
- 4.6.2.2 Technological advancements
- 4.6.1 Macroeconomic factors
- 5. Electronic shelf labels market size and forecast, by offerings
- 5.1 Hardware unit shipment and revenue 2023-2030 (Million units and USD million)
- 5.1.1 Camera
- 5.1.2 ESL tags
- 5.1.3 Access points/gateways
- 5.2 Revenue 2023-2030 (USD million)
- 5.2.1 Software/platforms
- 5.1 Hardware unit shipment and revenue 2023-2030 (Million units and USD million)
- 6. Electronic shelf labels market size and forecast, by product
- 6.1 Unit shipment 2023-2030 (Million units)
- 6.1.1 E-paper display
- 6.1.2 LCD
- 6.2 Revenue 2023-2030 (USD million)
- 6.2.1 E-paper display
- 6.2.2 LCD
- 6.1 Unit shipment 2023-2030 (Million units)
- 7. Electronic shelf labels market size and forecast, by frequency band
- 7.1 Unit shipment 2023-2030 (Million units)
- 7.1.1 433 MHz
- 7.1.2 868 MHz and 915 MHz
- 7.1.3 2.4GHz and 5GHz
- 7.2 Revenue 2023-2030 (USD million)
- 7.2.1 433 MHz
- 7.2.2 868 MHz and 915 MHz
- 7.2.3 2.4GHz and 5GHz
- 7.1 Unit shipment 2023-2030 (Million units)
- 8. Electronic shelf labels market size and forecast, by end-user
- 8.1 Unit shipment 2023-2030 (Million units)
- 8.1.1 Consumer electronics
- 8.1.2 DIY
- 8.1.3 Drug Store
- 8.1.4 Warehouse
- 8.1.5 Retail
- 8.1.6 Healthcare
- 8.1.7 Others
- 8.2 Revenue 2023-2030 (USD million)
- 8.2.1 Consumer electronics
- 8.2.2 DIY
- 8.2.3 Drug Store
- 8.2.4 Warehouse
- 8.2.5 Retail
- 8.2.6 Healthcare
- 8.2.7 Others
- 8.1 Unit shipment 2023-2030 (Million units)
- 9. Electronic shelf labels market size and forecast, by geography
- 9.1 Americas
- 9.1.1 US
- 9.1.2 Canada
- 9.1.3 Mexico
- 9.1.4 Brazil
- 9.1.5 Argentina
- 9.1.6 Rest of Americas
- 9.2 Europe
- 9.2.1 Germany
- 9.2.2 UK
- 9.2.3 France
- 9.2.4 Italy
- 9.2.5 Nordic countries (Sweden, Norway, Denmark, Finland)
- 9.2.6 Rest of Europe
- 9.3 APAC
- 9.3.1 China
- 9.3.2 Japan
- 9.3.3 India
- 9.3.4 South Korea
- 9.3.5 Rest of APAC
- 9.4 MEA
- 9.4.1 UAE
- 9.4.2 Saudi Arabia
- 9.4.3 Qatar
- 9.4.4 Rest of Middle East
- 9.4.5 Africa
- 9.1 Americas
- 10. Competitive scenario
- 10.1 Market concentration
- 10.2 Top five companies market share 2023
- 10.3 Key strategies
- 10.4 Key investments
- 11. Company profiles
- 11.1 Allsee Technologies
- 11.1.1 Business overview
- 11.1.2 Product portfolio
- 11.1.3 Key developments
- 11.2 Dahua Technology
- 11.2.1 Business overview
- 11.2.2 Product portfolio
- 11.2.3 Key developments
- 11.3 Danavation Technologies
- 11.3.1 Business overview
- 11.3.2 Product portfolio
- 11.3.3 Key developments
- 11.4 Displaydata
- 11.4.1 Business overview
- 11.4.2 Product portfolio
- 11.4.3 Key developments
- 11.5 FUTURE SHELF
- 11.5.1 Business overview
- 11.5.2 Product portfolio
- 11.5.3 Key developments
- 11.6 Hanshow Technology
- 11.6.1 Business overview
- 11.6.2 Product portfolio
- 11.6.3 Key developments
- 11.7 Hangzhou Ontime
- 11.7.1 Business overview
- 11.7.2 Product portfolio
- 11.7.3 Key developments
- 11.8 JRTECH Solutions
- 11.8.1 Business overview
- 11.8.2 Product portfolio
- 11.8.3 Key developments
- 11.9 LabelNest
- 11.9.1 Business overview
- 11.9.2 Product portfolio
- 11.9.3 Key developments
- 11.10 Last Yard
- 11.10.1 Business overview
- 11.10.2 Product portfolio
- 11.10.3 Key developments
- 11.11 M2COMM
- 11.11.1 Business overview
- 11.11.2 Product portfolio
- 11.11.3 Key developments
- 11.12 Minewtag
- 11.12.1 Business overview
- 11.12.2 Product portfolio
- 11.12.3 Key developments
- 11.13 Opticon
- 11.13.1 Business overview
- 11.13.2 Product portfolio
- 11.13.3 Key developments
- 11.14 PERVASIVE DISPLAYS
- 11.14.1 Business overview
- 11.14.2 Product portfolio
- 11.14.3 Key developments
- 11.15 Pricer
- 11.15.1 Business overview
- 11.15.2 Product portfolio
- 11.15.3 Key developments
- 11.16 RAINUS
- 11.16.1 Business overview
- 11.16.2 Product portfolio
- 11.16.3 Key developments
- 11.17 SES-imagotag
- 11.17.1 Business overview
- 11.17.2 Product portfolio
- 11.17.3 Key developments
- 11.18 Shanghai SUNMI Technology
- 11.18.1 Business overview
- 11.18.2 Product portfolio
- 11.18.3 Key developments
- 11.19 SOLUM
- 11.19.1 Business overview
- 11.19.2 Product portfolio
- 11.19.3 Key developments
- 11.20 SureSolutions
- 11.20.1 Business overview
- 11.20.2 Product portfolio
- 11.20.3 Key developments
- 12.21 Teraoka Seiko
- 12.21.1 Business overview
- 12.21.2 Product portfolio
- 12.21.3 Key developments
- 11.22 TRUNO
- 11.22.1 Business overview
- 11.22.2 Product portfolio
- 11.22.3 Key developments
- 11.23 ZhSunyco
- 11.23.1 Business overview
- 11.23.2 Product portfolio
- 11.23.3 Key developments
- 11.1 Allsee Technologies
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