電子棚ラベル市場レポート：タイプ、コンポーネント、技術、用途、地域別、2024-2032

世界の電子棚ラベル市場規模は2023年に10億3,330万米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけて15.6%の成長率（CAGR）を示し、2032年までに39億6,320万米ドルに達すると予測しています。同市場は、小売の効率化ニーズの高まり、消費者のショッピング体験の向上、環境持続可能性の高まり、大幅な技術進歩、競合からのプレッシャーなどを背景に力強い成長を遂げています。

電子棚ラベル市場の分析：

市場の成長と規模：小売業におけるデジタル価格ソリューションの採用増加により、市場は力強い成長を遂げています。

技術の進歩：E-inkディスプレイやワイヤレス接続などの技術進歩は、電子棚ラベル業界に革命をもたらしました。これらの進歩は迅速な価格更新を可能にし、全体的なショッピング体験を向上させる。

業界のアプリケーション：電子棚ラベルは、小売業をはじめ、ヘルスケアやロジスティクスなどの分野でも利用されています。在庫管理の改善、エラーの削減、業務効率の向上に役立っています。

地域動向：北米と欧州が電子棚ラベル市場を独占しているが、これは主に小売インフラが確立されているためです。アジア太平洋の新興市場では、この技術の採用に対する関心が高まっています。

競合情勢：市場の主要プレーヤーは、SES-imagotag、Pricer AB、Altierre Corporationなどです。競合が激しいため、製品革新が進み、小売業者向けのサービスが向上しています。

課題と機会：課題には、初期導入コストと従来の値札からの変更への抵抗があります。機会は、エネルギー節約、人件費削減、消費者体験の向上の可能性にあります。

将来の展望：電動棚札市場は、小売業者が効率性と消費者エンゲージメントを追求するにつれて成長を続けると予想されます。IoTやAI技術との統合により、これらのラベルの機能がさらに強化され、新たな成長の道が開ける可能性があります。

電子棚ラベル市場の動向：

小売の効率化と精度に対する需要の高まり

電子棚ラベルの需要は、小売の効率と精度を高めるその能力によって高まっています。小売業者は、ダイナミックな価格戦略、プロモーション、在庫管理に対応しなければならないというプレッシャーに常にさらされています。従来の紙の値札は更新に時間がかかり、ミスも起こりがちです。電動棚札を使用することで、小売業者は店舗全体の価格を瞬時に更新し、正確性と一貫性を確保することができます。この効率化により、手作業による価格変更に伴う人件費を削減し、消費者の不満につながる価格設定ミスを最小限に抑えることができます。その結果、小売業者は目まぐるしく変化する小売業界で競争力を維持するため、電子棚ラベルを採用するケースが増えています。

消費者体験の向上

もう一つの原動力は、消費者の買い物体験を向上させたいという願望です。電子棚ラベルは、消費者にリアルタイムの価格情報を提供し、十分な情報に基づいた購買決定を可能にします。この透明性は、信頼と消費者の満足度を高める。さらに、小売業者はこのラベルを利用して、栄養成分や消費者のレビューなどの付加的な商品情報を表示し、全体的なショッピング体験を豊かにすることができます。消費者の体験が重要な差別化要因となる時代において、電光棚ラベルは、シームレスで有益なショッピング環境を提供することで、小売業者が一歩先を行くのに役立っています。

環境持続性への関心の高まり

環境持続可能性への関心は高まっており、電光棚札は紙の無駄を減らすことでこれに貢献しています。従来の値札は常に印刷と廃棄を必要とし、その結果、環境に大きな影響を及ぼしています。一方、電気棚札は再利用可能で、消費電力も最小限です。このエコフレンドリーな側面は、消費者と二酸化炭素排出量の削減を目指す小売業者の双方に響く。多くの企業にとって持続可能性が中核的価値観となる中、電子棚ラベルの採用は企業の環境目標に合致しています。

重要な技術的進歩

ディスプレイ技術と無線通信の技術的進歩により、電子棚ラベルはより多用途でコスト効率の高いものとなった。Eインク・ディスプレイは鮮明な視界を提供し、最小限の電力消費で長い電池寿命を保証します。さらに、ワイヤレス接続によってリアルタイムの更新が可能になり、小売業者は価格設定や販促を一元管理しやすくなった。こうした進化により、電子棚ラベルの機能性が向上するとともに、より幅広い小売業者にとって利用しやすく手頃な価格となり、市場成長の原動力となっています。

競合圧力と差別化

競争の激しい小売業界では、差別化が極めて重要です。小売企業は、常に革新的なソリューションを求めて、際立った存在感を示し、消費者を惹きつけています。電子棚ラベルは、モダンでハイテクに精通したショッピング体験を提供することで店舗を差別化し、ダイナミックな価格戦略を可能にします。このような価格設定の俊敏性により、小売企業は市場動向や競合他社の動きに迅速に対応することができます。その結果、小売業界における競争圧力は、電子棚ラベルの採用の重要な推進力となっています。電子棚ラベルは競争力を高め、価格設定やプロモーションにおいて機敏に対応する能力を提供するからです。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 世界の電子棚ラベル産業

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：タイプ別

• 液晶ディスプレイ（LCD）
  • 市場動向
  • 市場展望
• フルグラフィック電子ペーパー
  • 市場動向
  • 市場予測
• セグメント電子ペーパー
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第7章 市場内訳：コンポーネント別

• ハードウェア
  • 市場動向
  • 市場予測
• ソフトウェア
  • 市場動向
  • 市場予測

第8章 市場内訳：技術別

• 高周波
  • 市場動向
  • 市場予測
• 赤外線
  • 市場動向
  • 市場予測
• NFC
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第9章 市場内訳：用途別

• スーパーマーケットとハイパーマーケット
  • 市場動向
  • 市場予測
• コンビニエンスストア
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第10章 主要地域の実績

• 欧州
  • 市場動向
  • 市場予測
• 北米
  • 市場動向
  • 市場予測
• アジア太平洋
  • 市場動向
  • 市場予測
• ラテンアメリカ
  • 市場動向
  • 市場予測
• 中東・アフリカ
  • 市場動向
  • 市場予測

第11章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Altierre SAS
  • Diebold Nixdorf, Incorporated
  • DIGI System Gurgaon Pvt. Ltd.
  • Displaydata Limited
  • LG CNS
  • M2C Communication doo Belgrade
  • Panasonic Corporation
  • Pricer AB
  • Samsung Electronics
  • SES-imagotag

List of Figures

• Figure 1: Global: Electronic Shelf Label Market: Major Drivers and Challenges
• Figure 2: Global: Electronic Shelf Label Market: Sales Value (in Million US$), 2018-2023
• Figure 3: Global: Electronic Shelf Label Market: Breakup by Type (in %), 2023
• Figure 4: Global: Electronic Shelf Label Market: Breakup by Component (in %), 2023
• Figure 5: Global: Electronic Shelf Label Market: Breakup by Technology (in %), 2023
• Figure 6: Global: Electronic Shelf Label Market: Breakup by Application (in %), 2023
• Figure 7: Global: Electronic Shelf Label Market: Breakup by Region (in %), 2023
• Figure 8: Global: Electronic Shelf Label Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 9: Global: Electronic Shelf Label (Liquid Crystal Display) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 10: Global: Electronic Shelf Label (Liquid Crystal Display) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 11: Global: Electronic Shelf Label (Full Graphic E-Paper) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 12: Global: Electronic Shelf Label (Full Graphic E-Paper) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 13: Global: Electronic Shelf Label (Segmented E-Paper) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 14: Global: Electronic Shelf Label (Segmented E-Paper) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 15: Global: Electronic Shelf Label (Others) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 16: Global: Electronic Shelf Label (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 17: Global: Electronic Shelf Label (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 18: Global: Electronic Shelf Label (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 19: Global: Electronic Shelf Label (Software) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 20: Global: Electronic Shelf Label (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 21: Global: Electronic Shelf Label (Radiofrequency) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 22: Global: Electronic Shelf Label (Radiofrequency) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 23: Global: Electronic Shelf Label (Infrared) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 24: Global: Electronic Shelf Label (Infrared) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 25: Global: Electronic Shelf Label (NFC) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 26: Global: Electronic Shelf Label (NFC) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 27: Global: Electronic Shelf Label (Others) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 28: Global: Electronic Shelf Label (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 29: Global: Electronic Shelf Label (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 30: Global: Electronic Shelf Label (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 31: Global: Electronic Shelf Label (Convenience Stores) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 32: Global: Electronic Shelf Label (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 33: Global: Electronic Shelf Label (Others) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 34: Global: Electronic Shelf Label (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 35: Europe: Electronic Shelf Label Market: Sales Value (in Million US$), 2018 & 2023
• Figure 36: Europe: Electronic Shelf Label Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 37: North America: Electronic Shelf Label Market: Sales Value (in Million US$), 2018 & 2023
• Figure 38: North America: Electronic Shelf Label Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 39: Asia Pacific: Electronic Shelf Label Market: Sales Value (in Million US$), 2018 & 2023
• Figure 40: Asia Pacific: Electronic Shelf Label Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 41: Middle East and Africa: Electronic Shelf Label Market: Sales Value (in Million US$), 2018 & 2023
• Figure 42: Middle East and Africa: Electronic Shelf Label Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 43: Latin America: Electronic Shelf Label Market: Sales Value (in Million US$), 2018 & 2023
• Figure 44: Latin America: Electronic Shelf Label Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 45: Global: Electronic Shelf Label Industry: SWOT Analysis
• Figure 46: Global: Electronic Shelf Label Industry: Value Chain Analysis
• Figure 47: Global: Electronic Shelf Label Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Electronic Shelf Label Market: Key Industry Highlights, 2023 and 2032
• Table 2: Global: Electronic Shelf Label Market Forecast: Breakup by Type (in Million US$), 2024-2032
• Table 3: Global: Electronic Shelf Label Market Forecast: Breakup by Component (in Million US$), 2024-2032
• Table 4: Global: Electronic Shelf Label Market Forecast: Breakup by Technology (in Million US$), 2024-2032
• Table 5: Global: Electronic Shelf Label Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 6: Global: Electronic Shelf Label Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 7: Global: Electronic Shelf Label Market: Competitive Structure
• Table 8: Global: Electronic Shelf Label Market: Key Players

The global electronic shelf label market size reached US$ 1,033.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,963.2 Million by 2032, exhibiting a growth rate (CAGR) of 15.6% during 2024-2032. The market is experiencing robust growth driven by the rising need for retail efficiency, enhancement of consumer shopping experience, growing environmental sustainability, significant technological advancements, and competitive pressure.

Electronic Shelf Label Market Analysis:

Market Growth and Size: The market is witnessing robust growth, driven by the increasing adoption of digital pricing solutions in retail.

Technological Advancements: Technological advancements, such as E-ink displays and wireless connectivity, have revolutionized the electric shelf label industry. These advancements enable quick price updates and enhance the overall shopping experience.

Industry Applications: Electric shelf labels find applications in retail and also in sectors such as, healthcare and logistics. They help improve inventory management, reduce errors, and enhance operational efficiency.

Geographical Trends: North America and Europe dominate the electric shelf label market, primarily due to established retail infrastructures. Emerging markets in Asia-Pacific are showing increasing interest in adopting this technology.

Competitive Landscape: Key players in the market include companies such as, SES-imagotag, Pricer AB, and Altierre Corporation. Intense competition has led to product innovation and improved offerings for retailers.

Challenges and Opportunities: Challenges include initial implementation costs and resistance to change from traditional price tags. Opportunities lie in the potential for energy savings, reduced labor costs, and improved consumer experience.

Future Outlook: The electric shelf label market is expected to continue growing as retailers seek efficiency and consumer engagement. Integration with IoT and AI technologies may further enhance the capabilities of these labels, offering new avenues for growth.

Electronic Shelf Label Market Trends:

Growing Demand for Retail Efficiency and Accuracy

The demand for electric shelf labels has increased due to their ability to enhance retail efficiency and accuracy. Retailers are under constant pressure to keep up with dynamic pricing strategies, promotions, and inventory management. Traditional paper price tags are time-consuming to update and prone to errors. Electric shelf labels enable retailers to instantly update prices across their stores, ensuring accuracy and consistency. This efficiency reduces labor costs associated with manual price changes and minimizes pricing errors that can lead to consumer dissatisfaction. As a result, retailers are increasingly adopting electric shelf labels to stay competitive in the fast-paced retail industry.

Enhancement of Consumer Experience

Another driving factor is the desire to enhance the consumer shopping experience. Electric shelf labels provide consumers with real-time pricing information, enabling them to make informed purchase decisions. This transparency fosters trust and consumer satisfaction. Moreover, retailers can use these labels to display additional product information, such as nutritional facts or consumer reviews, enriching the overall shopping experience. In an era where consumer experience is a critical differentiator, electric shelf labels help retailers stay ahead by providing a seamless and informative shopping environment.

Growing Concern Regarding Environmental Sustainability

Environmental sustainability is a growing concern, and electric shelf labels contribute to this by reducing paper waste. Traditional price tags require constant printing and disposal, resulting in significant environmental impact. Electric shelf labels, on the other hand, are reusable and consume minimal power. This eco-friendly aspect resonates with both consumers and retailers aiming to reduce their carbon footprint. As sustainability becomes a core value for many businesses, the adoption of electric shelf labels aligns with their environmental objectives.

Significant Technological Advancements

Technological advancements in display technology and wireless communication have made electric shelf labels more versatile and cost-effective. E-ink displays provide clear visibility and consume minimal power, ensuring long battery life. Additionally, wireless connectivity allows for real-time updates, making it easier for retailers to manage pricing and promotions centrally. These advancements improve the functionality of electric shelf labels and also make them more accessible and affordable for a wider range of retailers, driving market growth.

Competitive Pressure and Differentiation

In the highly competitive retail landscape, differentiation is crucial. Retailers are constantly seeking innovative solutions to stand out and attract consumers. Electric shelf labels differentiate stores by offering a modern and tech-savvy shopping experience and enable dynamic pricing strategies. This agility in pricing can help retailers respond to market trends and competitor actions swiftly. As a result, the competitive pressure in the retail sector is a significant driver for the adoption of electric shelf labels, as they offer a competitive edge and the ability to stay agile in pricing and promotions.

Electronic Shelf Label Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, and regional levels for 2024-2032. Our report has categorized the market based on type, component, technology, and application.

Breakup by Type:

Liquid Crystal Display (LCD)

Full Graphic E-Paper

Segmented E-Paper

Others

LCD accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the type. This includes liquid crystal display (LCD), full graphic e-paper, segmented e-paper, and others. According to the report, LCD represented the largest segment.

Liquid Crystal Display (LCD) electric shelf labels are a prominent segment in the market. These labels use traditional LCD technology to display pricing and product information. They offer vibrant colors, high contrast, and good visibility, making them suitable for various retail environments. LCD labels are known for their responsiveness to real-time updates, enabling retailers to change prices and promotions instantly. This flexibility is especially valuable in highly competitive retail settings, where pricing changes are frequent. However, LCD labels tend to consume more power compared to other types, requiring more frequent battery replacement or recharging. Despite this, they remain popular in retail settings where visual appeal and quick updates are paramount.

Full Graphic E-Paper electric shelf labels are characterized by their use of electronic paper displays, commonly known as E-ink. These labels mimic the appearance of traditional paper price tags, offering a natural and easy-to-read display. One of their primary advantages is their minimal power consumption, as they only use power when updating the screen. Full Graphic E-Paper labels excel in scenarios where long battery life is crucial, as they can operate for extended periods on a single charge. They are well-suited for retailers focused on sustainability, as they reduce paper waste significantly.

Segmented E-Paper electric shelf labels are a variation of E-ink technology. They use segmented displays to show essential information such as prices and product codes. These labels are energy-efficient and offer excellent visibility in various lighting conditions. Segmented E-Paper labels are often used in grocery stores and supermarkets, where simplicity and cost-effectiveness are key. While they may not provide the same level of graphical sophistication as full graphic E-paper or LCD labels, they excel in displaying essential pricing information clearly. Their longevity on a single battery charge is a significant advantage, as they can function for months without requiring maintenance.

Breakup by Component:

Hardware

Software

Hardware holds the largest share in the industry

A detailed breakup and analysis of the market based on the component have also been provided in the report. This includes hardware and software. According to the report, hardware accounted for the largest market share.

The hardware component is a fundamental pillar of the electric shelf label market, comprising the physical devices that make up the label infrastructure. Hardware elements encompass the electronic shelf labels themselves, as well as the associated infrastructure required for their operation. These components are key drivers of the market's growth. Electronic shelf labels (ESLs) are the core hardware element, typically featuring e-ink displays for clear and energy-efficient visuals. ESLs come in various sizes and designs to cater to different retail environments. Their robust construction ensures durability, even in high-traffic retail settings.

The software component in the electric shelf label market plays a crucial role in managing and controlling the content displayed on electronic shelf labels. This segment encompasses the software solutions responsible for pricing updates, inventory management, and data synchronization across the retail network. Price management software is at the forefront of the software component, allowing retailers to update product prices in real-time, implement promotions, and manage pricing strategies efficiently. It provides a centralized platform for pricing changes, ensuring consistency across all ESLs in a store or retail chain.

Breakup by Technology:

Radiofrequency

Infrared

NFC

Others

Radiofrequency represents the leading market segment

The report has provided a detailed breakup and analysis of the market based on technology. This includes radiofrequency, infrared, near-field communication (NFC) and others. According to the report, radiofrequency represented the largest segment.

Radiofrequency technology is a widely adopted and versatile choice for electric shelf labels. RF-based labels use wireless communication to update pricing and product information in real time. These labels are equipped with RF transmitters and receivers, allowing them to connect to a central system or server. One of the key advantages of RF technology is its range, which enables labels to be updated even from a distance, making it suitable for large retail spaces. RF-based electric shelf labels are known for their reliability and durability. They have a longer battery life compared to some other technologies, reducing maintenance costs. Additionally, RF labels offer the flexibility to transmit pricing information and also additional data such as product descriptions and inventory status.

Infrared technology is another option in the electric shelf label market, although it has a more limited range compared to RF. IR-based labels communicate with infrared transmitters positioned throughout the store. When an update is required, the label receives the signal from the nearest transmitter and updates its information accordingly. IR technology is often favored for its lower implementation costs compared to RF, making it an attractive choice for smaller retailers or businesses with budget constraints. However, its limited range can be a drawback in larger stores, where multiple transmitters are needed to cover the entire space effectively.

Near-Field Communication (NFC) is a technology that has gained prominence in recent years, due to its use in various applications, including electric shelf labels. NFC-enabled labels use short-range wireless communication to update information. To update an NFC label, a handheld device or smartphone equipped with NFC capabilities is used to interact with the label directly. NFC technology is known for its simplicity and ease of use. It allows retailers to update prices and product information efficiently without the need for complex infrastructure. This technology is particularly attractive for businesses looking for a cost-effective and straightforward solution to digitize their pricing and improve inventory management.

Breakup by Application:

Supermarkets and Hypermarkets

Convenience Stores

Others

Supermarkets and hypermarkets represent the leading market segment

The report has provided a detailed breakup and analysis of the market based on application. This includes supermarkets and hypermarkets, convenience stores and others. According to the report, supermarkets and hypermarkets represented the largest segment.

Supermarkets are typically expansive retail spaces offering a wide variety of products ranging from groceries and household items to electronics and apparel. Electric shelf labels provide several advantages in this context. They streamline price management, ensuring that prices are accurate and consistent throughout the store. This minimizes pricing errors, enhancing consumer trust and satisfaction. Supermarkets often run frequent promotions and sales. Hypermarkets, which combine supermarket and department store formats, are even larger retail spaces. Electric shelf labels are particularly valuable in hypermarkets because of the vast range of products they offer. Managing pricing and promotions across numerous product categories can be a complex task, but electric shelf labels simplify this process. Additionally, hypermarkets often attract a large and diverse consumer base, making real-time pricing updates crucial to cater to various preferences and budgets.

Convenience stores, known for their small footprint and focus on quick, on-the-go shopping, have also begun to adopt electric shelf labels. Convenience stores thrive on speed and efficiency, and electric shelf labels support these objectives. In these compact stores, every inch of shelf space counts, and electronic shelf labels allow for flexible use of shelf space by instantly updating prices and promotions. This flexibility is essential in a convenience store setting, where products may change frequently. Moreover, convenience store consumers often prioritize convenience over price comparison, so having accurate and up-to-date prices displayed on electric shelf labels is vital to meet consumer expectations.

Breakup by Region:

Europe

North America

Asia Pacific

Latin America

Middle East and Africa

Europe leads the market, accounting for the largest electronic shelf label market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. According to the report, Europe accounted for the largest market share.

Europe has been a stronghold for the electric shelf label market. The mature and highly competitive retail sector of the region has driven extensive adoption of these labels. Countries such as, Germany, France, and the UK have embraced the technology to streamline pricing strategies and enhance the shopping experience. Moreover, the focus of Europe on sustainability aligns with the eco-friendly nature of electric shelf labels, further boosting their adoption. As a result, the European market continues to grow, with retailers across the region investing in these solutions to remain competitive and meet consumer demands for transparency and efficiency.

In North America, the electric shelf label market has witnessed robust growth. The large retail chains and tech-savvy consumers of the region have prompted retailers to implement these labels to stay ahead. The United States, in particular, has seen substantial adoption due to its dynamic retail landscape. Real-time pricing updates and the ability to run promotions efficiently have been key drivers in this market. As competition among retailers intensifies, the demand for electric shelf labels is expected to remain strong in North America.

The Asia Pacific region has emerged as a promising market for electric shelf labels. Rapid urbanization, the growth of modern retail formats, and increasing consumer expectations have fueled adoption. Countries such as, China, Japan, and South Korea have witnessed significant investments in these labels to improve retail efficiency and enhance consumer experiences. Additionally, the manufacturing capabilities of the region have made electric shelf labels more affordable, encouraging smaller retailers to adopt the technology. As Asia Pacific continues to modernize its retail sector, the electric shelf label market is poised for continued expansion.

Latin America is gradually embracing electric shelf labels, albeit at a somewhat slower pace compared to other regions. Economic factors, infrastructure challenges, and varying levels of retail development have contributed to this trend. However, larger retail chains in countries such as, Brazil and Mexico are beginning to explore the benefits of these labels, particularly in urban areas where modernization is more pronounced. As infrastructure improves and consumer demand for convenience grows, the Latin American market for electric shelf labels is expected to show robust growth.

The Middle East and Africa region have shown increasing interest in electric shelf labels, primarily in countries with well-established retail sectors such as, the UAE and South Africa. These labels are seen as a means to enhance competitiveness and provide a more advanced shopping experience. However, challenges related to infrastructure and economic stability in some parts of the region have limited widespread adoption. As economies stabilize and the retail landscape matures further, the market for electric shelf labels in the Middle East and Africa is likely to expand.

Leading Key Players in the Electronic Shelf Label Industry:

The key players in the market are actively engaging in strategic initiatives to maintain their competitive edge and drive market growth. These initiatives include continuous innovation in display technology, expansion into emerging markets, and fostering partnerships with retailers to provide comprehensive solutions. Companies such as, SES-imagotag are focusing on developing energy-efficient and cost-effective label solutions, ensuring they align with sustainability trends. Pricer AB is expanding its global footprint, particularly in the Asia Pacific region, to tap into growing markets. Altierre Corporation is emphasizing IoT integration to enable data-driven pricing and inventory management. Overall, these industry leaders are committed to delivering advanced, efficient, and consumer-centric solutions to cater to the evolving needs of retailers worldwide.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Altierre SAS

Diebold Nixdorf Incorporated

DIGI System Gurgaon Pvt. Ltd.

Displaydata Ltd.

LG CNS

M2C Communication doo Belgrade

Panasonic Corporation

Pricer AB

Samsung Electronics

SES Imagotag

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

September, 2022: SES Imagotag has unveiled an exciting collaboration with Instacart, a prominent player in the grocery technology sector. This partnership signifies a significant development in the retail industry, as it brings together SES Imagotag's expertise in electronic shelf labeling and Instacart's innovative grocery technology solutions.

September, 2021: Panasonic has recently unveiled plans to broaden its electronic shelf labeling (ESL) and digital signage solutions, with the introduction of the next-generation Digital Sign Edge 2.0. This expansion reflects Panasonic's commitment to staying at the forefront of the retail technology landscape.

Key Questions Answered in This Report:

• How has the global electronic shelf label market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global electronic shelf label market?
• What is the impact of each driver, restraint, and opportunity on the global electronic shelf label market?
• What are the key regional markets?
• Which countries represent the most attractive electronic shelf label market?
• What is the breakup of the market based on the type?
• Which is the most attractive type in the electronic shelf label market?
• What is the breakup of the market based on the component?
• Which is the most attractive component in the electronic shelf label market?
• What is the breakup of the market based on technology?
• Which is the most attractive technology in the electronic shelf label market?
• What is the breakup of the market based on the application?
• Which is the most attractive application the electronic shelf label market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global electronic shelf label market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Electronic Shelf Label Industry

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type

• 6.1 Liquid Crystal Display (LCD)
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Full Graphic E-Paper
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Segmented E-Paper
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Others
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast

7 Market Breakup by Component

• 7.1 Hardware
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Software
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Technology

• 8.1 Radiofrequency
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Infrared
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast
• 8.3 NFC
  • 8.3.1 Market Trends
  • 8.3.2 Market Forecast
• 8.4 Others
  • 8.4.1 Market Trends
  • 8.4.2 Market Forecast

9 Market Breakup by Application

• 9.1 Supermarkets and Hypermarkets
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Convenience Stores
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Others
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast

10 Performance of Key Regions

• 10.1 Europe
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 North America
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 Asia Pacific
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast
• 10.4 Latin America
  • 10.4.1 Market Trends
  • 10.4.2 Market Forecast
• 10.5 Middle East and Africa
  • 10.5.1 Market Trends
  • 10.5.2 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porter's Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Altierre SAS
  • 14.3.2 Diebold Nixdorf, Incorporated
  • 14.3.3 DIGI System Gurgaon Pvt. Ltd.
  • 14.3.4 Displaydata Limited
  • 14.3.5 LG CNS
  • 14.3.6 M2C Communication doo Belgrade
  • 14.3.7 Panasonic Corporation
  • 14.3.8 Pricer AB
  • 14.3.9 Samsung Electronics
  • 14.3.10 SES-imagotag