Global Electronic Shelf Label Market Worth US$ 1.35 Billion by 2022

Bangalore, India, January 13, 2017 --(PR.com)-- The global market size for ESL is expected to expand close to US$ 1.35 billion by 2022, growing at an impressive CAGR of 28%, says a recent report released by Beige Market Intelligence with title “Global Electronic Shelf Label Market (ESL Market) – Strategic Assessment and Forecast 2017-2022.”

The global market research report contains the detailed analysis of worldwide electronic shelf label market / ESL market. It is a 136-page report containing the insights of each segment of the global electronic shelf label market. The information provided in 22 major key sections is complete and is supported by figures and graphs. The report contains almost 90 exhibits altogether.

This research report categorizes the global electronic shelf market based on display type, communication technology, and geography. The report provides market size in terms of:

1. Revenue (US$ million)
2. sales unit (Million units)

The research report provides the details of Electronic Shelf Label Market
By Display Type (LCD, E-Paper Display, OLED)
By Communication Technology (Vendor Facing -(Radio Frequency, Infrared), Customer Facing – (Bluetooth Low Energy, NFR))
By End Use Market (Super Markets and Hyper Markets, Departmental Stores, Convenience Stores, Drugstores, Others)
By Geography (APAC, North America, Europe, Latin America)
By Countries (Africa, China, France, Germany, Japan, Singapore, UK,US )

Industry Analysis, Market Size (Revenue,Sales), Market Share, Key Vendors, Growth, Trends, Drivers and Forecast 2017 – 2022

E-Paper display segment is going to have the largest share among all the other segments of the display type

Three major display technologies - LCD, EPD, and OLED dominate the electronic shelf label market with LCD currently being the widely used. However, the adoption growth of EPD has gained rapid prominence and is expected to overtake as the major display technology by 2022. Due to the low power consumption, high visibility and paper like display electronic shelf label manufacturers started to adopt EPD displays. The market size and sales volume of each segment is included in the report for the present as well as for next five years.

The E-Paper Display Segment is going to have the largest share among all the other segments of the display type. The annual shipments of electronic shelf label are forecasted to cross 260 million units by 2022, driven by lower prices, fuelling the adoption and reach.

The emerging retail reality is among the one of the emerging trends in the electronic shelf label market

With increasing internet and smart phone penetration, and the advent of social media for information exchange the purchasing behavior of the consumers have changed considerably. The customers are preferring to do the research online before going to purchase anything from the store. It has created a new reality in the retail store which has created the omni channels. ESL can be one of the technologies that can provide this omni-channel solution by displaying the detailed product information and the associated real-time promotions in the convenience of in-store shelf edges which the traditional shelf labels cannot provide. Thus the emerging retail reality is among the one of the emerging trends in the Electronic shelf label market, described in the report.

The report contains the major drivers and upcoming challenges of the global electronic shelf label market. Rapidly decreasing cost of semiconductor chips and sensors and consistent drop in the cost of the micro-displays are among the major driving factors included in the report. The report also provides the Porter’s five forces analysis along with a description of each of the forces and its impact on the market.

APAC to lead in terms of sales volume per unit by 2022
The electronic shelf label market report includes the market analysis of electronic shelf label market in different regions such as North America, APAC, EMEA and Latin America. The market research report outlines the major market share holder and the market size analysis of all the regions and provides the market size and forecast of key countries.

Electronic Shelf Label Market (ESL) Market Share and Key Vendor
This market research report profiles the major companies in the electronic shelf label market and also provides the competitive landscape of key players. Within the report covers the entire ESL market outlook regarding the value chain operating within the market. The major players in the market include

1. Altierre
2. DIGI
3. Displaydata
4. Pricer
5. SES – imagotag

Other Top Vendors include E-Ink Holdings, Samsung Electro Mechanics SEMCO, Mirador Marketing, CEST, LG Innotek-ESL, NZ Elcetronic Shelf Label, Opticon, Hanshow Technology, Pervasive Display, Wincor Nixdorf.