Product Code: 1136
The electronic shelf label (ESL) is expected to scale substantially by 2027 owing to increasing penetration of ESLs in various industrial applications worldwide.
Electronic shelf labeling solutions offer numerous benefits to store managers as well as customers since they provide real-time in-store display, cost-effective display of promotions and advertisements, and traceability, which ensures reliable information display to increase customer satisfaction.
Notably, growing emphasis of retailers on enhancing customer satisfaction has propelled product uptake in recent years. In addition, mounting adoption of technologically advanced labeling solutions to increase time efficiency and reduce overall operational costs has augmented industry development.
Furthermore, companies have been employing profitable strategies to gain a competitive edge in the evolving marketplace, which has supported overall market development. For instance, in April 2021, Displaydata Limited, a prominent manufacturer of electronic shelf labels, launched a novel range of four-color e-Paper ESLs as compared to the conventional two-color scheme of black and white. The four-color ESLs have been designed to allow retailers to better communicate their promotional offers to customers in an appealing way.
The electronic shelf label (ESF) market has been segregated on the basis of application, product, technology, and region. With respect to product, the market has further been classified into full graphic e-paper ESL, LCD ESL, and segmented e-paper ESL.
The LCD ESL segment is speculated to exhibit a solid growth trajectory over the study timeline. The LCD technology offers several features, including enhanced resolution, image sharpness, and reduction in radiation, which is likely to fuel product demand in the coming time period.
From the technology perspective, the electronic shelf label (ESL) market has been bifurcated into near field communication (NFC), radio frequency (RF), infrared (IR), and others. The radio frequency (RF) segment is slated to progress at a robust pace through the review period. As their transmission faces no line of sight issue, RF-based ESLs support communication without any interference, which is estimated to impel segmental adoption over the forecast period.
In terms of application, the electronic shelf label (ESL) market has been segmented into industrial and commercial. Under commercial, the market has further been categorized into non-food retail, hypermarket, supermarket, and others. The non-food retail segment is projected to drive market expansion through the analysis timeline owing to increasing uptake of ESLs in non-food retail stores to ensure fast transactions during peak hours.
From the regional point of view, the North America electronic shelf label (ESL) market is anticipated to garner significant gains by 2027. The developed retail & e-commerce sector in the region is slated to propel product demand in the future.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Scope & definitions
- 1.2 Methodology and forecast parameters
- 1.3 Regional trends
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 MEA
- 1.4 Covid impact
- 1.4.1 North America
- 1.4.2 Europe
- 1.4.3 Asia Pacific
- 1.4.4 Latin America
- 1.4.5 MEA
- 1.5 Data sources
- 1.5.1 Secondary
- 1.5.2 Primary
Chapter 2 Executive Summary
- 2.1 ESL industry 360 degree synopsis, 2017 - 2027
- 2.1.1 Business trends
- 2.1.2 Regional trends
- 2.1.3 Product trends
- 2.1.4 Technology trends
- 2.1.5 Application trends
Chapter 3 Electronic Shelf Label (ESL) Industry Insights
- 3.1 Industry segmentation
- 3.2 Impact of COVID-19
- 3.2.1 Global Outlook
- 3.2.2 Regional Outlook
- 3.2.2.1 North America
- 3.2.2.2 Europe
- 3.2.2.3 Asia Pacific
- 3.2.2.4 Latin America
- 3.2.2.5 MEA
- 3.2.3 Industry value chain
- 3.2.3.1 Research & development
- 3.2.3.2 Manufacturing
- 3.2.3.3 Marketing
- 3.2.3.4 Supply
- 3.2.4 Competitive landscape
- 3.2.4.1 Strategy
- 3.2.4.2 Distribution network
- 3.2.4.3 Business growth
- 3.3 Industry ecosystem analysis
- 3.3.1.1 Raw material providers
- 3.3.2 Component suppliers
- 3.3.2.1 Manufacturers
- 3.3.2.2 Software & technology providers
- 3.3.2.3 Distributors
- 3.3.3 Vendor matrix
- 3.3.4 Distribution channel analysis
- 3.4 Technology & innovation landscape
- 3.4.1 Retail ESL integration technology
- 3.4.2 IoT in ESL
- 3.4.3 Small Retail Labels (SRL)
- 3.5 Regulatory landscape
- 3.5.1 Electronic waste regulations
- 3.5.2 U.S. environmental regulatory compliances
- 3.5.3 Europe environmental regulatory compliances
- 3.5.4 Asia Pacific environmental regulatory compliances
- 3.5.5 Pricing regulations
- 3.5.5.1 Fair Packaging and Labeling Act - U.S.
- 3.5.5.2 Competition Act - Canada
- 3.5.5.3 S.I. No. 639 of 2002 European Communities Regulations
- 3.5.5.4 Article 2 (Price law of People' Republic of China)
- 3.5.5.5 Brazil Consumer Protection Code
- 3.5.6 Regulatory impact
- 3.6 Price trend analysis, 2017 - 2027
- 3.6.1 By product
- 3.6.2 By region
- 3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 Growing competition among the retailers to provide elevated customer experience
- 3.7.1.2 Government initiatives toward the adoption of technology in North America and Europe
- 3.7.1.3 Adoption of ESL in industrial applications in the U.S.
- 3.7.1.4 Growing penetration of retail automation in North America and Europe
- 3.7.1.5 Growing needs for increasing in-store operational efficiency in retail stores in Germany
- 3.7.1.6 Adoption of time and cost-efficient alternatives in retail in Asia Pacific
- 3.7.1.7 Precise product pricing norms in India and China
- 3.7.1.8 Flourishing retail sector with expansion of leading retailers in Asia Pacific
- 3.7.1.9 Rise in the demand for the solutions from retail the industry in Latin America
- 3.7.1.10 Expanding retail sector in Middle East & Africa
- 3.7.2 Industry pitfall and challenges
- 3.7.2.1 High initial investments for unorganized retailers
- 3.7.2.2 Low labor wages and lack of skilled labor force
- 3.7.2.3 Precise product pricing norms in India and China
- 3.7.2.4 Flourishing retail sector with expansion of leading retailers in Asia Pacific
- 3.7.2.5 Rise in demand for the solutions from retail industry in Latin America
- 3.7.2.6 Expanding retail sector in Middle East & Africa
- 3.8 Growth potential analysis
- 3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of substitutes
- 3.9.4 Threat of new entrants
- 3.9.5 Internal rivalry
- 3.10 PESTEL analysis
- 3.10.1 Political
- 3.10.2 Economic
- 3.10.3 Social
- 3.10.4 Social
- 3.10.5 Environmental
- 3.10.6 Legal
Chapter 4 Competitive Landscape,
- 4.1 Introduction
- 4.2 Market Share Analysis,2020
- 4.3 Competitive analysis of major players
- 4.3.1 E Ink Corp
- 4.3.2 Pricer AB
- 4.3.3 SES-imagotag
- 4.3.4 SoluM
- 4.3.5 Samsung Electro-Mechanics
- 4.3.6 Diebold Nixdorf
- 4.4 Competitive analysis of other prominent players
- 4.4.1 Displaydata
- 4.4.2 Opticon
- 4.4.3 Teraoka Seiko Co., Ltd.
- 4.4.4 NXP Semiconductors N.V.
- 4.4.5 M2COMM
- 4.5 Vendor adoption matrix
Chapter 5 Electronic Shelf Label (ESL) Market, By Product
- 5.1 Key trends by product
- 5.2 LCD ESL
- 5.2.1 Market estimates and forecast, 2017 - 2027
- 5.3 Segmented e-paper ESL
- 5.3.1 Market estimates and forecast, 2017 - 2027
- 5.4 Full Graphic E-paper ESL
- 5.4.1 Market estimates and forecast, 2017 - 2027
Chapter 6 Electronic Shelf Label (ESL) Market, By Technology
- 6.1 Key trends by technology
- 6.2 Radio Frequency (RF)
- 6.2.1 Market estimates and forecast, 2017 - 2027
- 6.3 Infrared (IR)
- 6.3.1 Market estimates and forecast, 2017 - 2027
- 6.4 Near Field Communication (NFC)
- 6.4.1 Market estimates and forecast, 2017 - 2027
- 6.5 Others
- 6.5.1 Market estimates and forecast, 2017 - 2027
Chapter 7 Electronic Shelf Label (ESL) Market, By Application
- 7.1 Key trends by application
- 7.2 Industrial
- 7.2.1 Market estimates and forecast, 2017 - 2027
- 7.3 Commercial
- 7.3.1 Market estimates and forecast, 2017 - 2027
Chapter 8 Electronic Shelf Label (ESL) Market, By Region
- 8.1 Key trends by region
- 8.2 North America
- 8.2.1 Market estimates and forecast, 2017 - 2027
- 8.2.2 Market estimates and forecast, by product, 2017 - 2027
- 8.2.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.2.4 Market estimates and forecast, by application, 2017 - 2027
- 8.2.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.2.5 U.S.
- 8.2.5.1 Market estimates and forecast, 2017 - 2027
- 8.2.5.2 Market estimates and forecast, by product, 2017 - 2027
- 8.2.5.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.2.5.4 Market estimates and forecast, by application, 2017 - 2027
- 8.2.5.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.2.6 Canada
- 8.2.6.1 Market estimates and forecast, 2017 - 2027
- 8.2.6.2 Market estimates and forecast, by product, 2017 - 2027
- 8.2.6.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.2.6.4 Market estimates and forecast, by application, 2017 - 2027
- 8.2.6.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.3 Europe
- 8.3.1 Market estimates and forecast, 2017 - 2027
- 8.3.2 Market estimates and forecast, by product, 2017 - 2027
- 8.3.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.3.4 Market estimates and forecast, by application, 2017 - 2027
- 8.3.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.3.5 UK
- 8.3.5.1 Market estimates and forecast, 2017 - 2027
- 8.3.5.2 Market estimates and forecast, by product, 2017 - 2027
- 8.3.5.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.3.5.4 Market estimates and forecast, by application, 2017 - 2027
- 8.3.5.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.3.6 Germany
- 8.3.6.1 Market estimates and forecast, 2017 - 2027
- 8.3.6.2 Market estimates and forecast, by product, 2017 - 2027
- 8.3.6.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.3.6.4 Market estimates and forecast, by application, 2017 - 2027
- 8.3.6.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.3.7 France
- 8.3.7.1 Market estimates and forecast, 2017 - 2027
- 8.3.7.2 Market estimates and forecast, by product, 2017 - 2027
- 8.3.7.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.3.7.4 Market estimates and forecast, by application, 2017 - 2027
- 8.3.7.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.3.8 Italy
- 8.3.8.1 Market estimates and forecast, 2017 - 2027
- 8.3.8.2 Market estimates and forecast, by product, 2017 - 2027
- 8.3.8.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.3.8.4 Market estimates and forecast, by application, 2017 - 2027
- 8.3.8.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.3.9 Spain
- 8.3.9.1 Market estimates and forecast, 2017 - 2027
- 8.3.9.2 Market estimates and forecast, by product, 2017 - 2027
- 8.3.9.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.3.9.4 Market estimates and forecast, by application, 2017 - 2027
- 8.3.9.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.3.10 Russia
- 8.3.10.1 Market estimates and forecast, 2017 - 2027
- 8.3.10.2 Market estimates and forecast, by product, 2017 - 2027
- 8.3.10.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.3.10.4 Market estimates and forecast, by application, 2017 - 2027
- 8.3.10.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2017 - 2027
- 8.4.2 Market estimates and forecast, by product, 2017 - 2027
- 8.4.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.4.4 Market estimates and forecast, by application, 2017 - 2027
- 8.4.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.4.5 China
- 8.4.5.1 Market estimates and forecast, 2017 - 2027
- 8.4.5.2 Market estimates and forecast, by product, 2017 - 2027
- 8.4.5.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.4.5.4 Market estimates and forecast, by application, 2017 - 2027
- 8.4.5.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.4.6 India
- 8.4.6.1 Market estimates and forecast, 2017 - 2027
- 8.4.6.2 Market estimates and forecast, by product, 2017 - 2027
- 8.4.6.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.4.6.4 Market estimates and forecast, by application, 2017 - 2027
- 8.4.6.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.4.7 Japan
- 8.4.7.1 Market estimates and forecast, 2017 - 2027
- 8.4.7.2 Market estimates and forecast, by product, 2017 - 2027
- 8.4.7.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.4.7.4 Market estimates and forecast, by application, 2017 - 2027
- 8.4.7.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.4.8 South Korea
- 8.4.8.1 Market estimates and forecast, 2017 - 2027
- 8.4.8.2 Market estimates and forecast, by product, 2017 - 2027
- 8.4.8.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.4.8.4 Market estimates and forecast, by application, 2017 - 2027
- 8.4.8.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.4.9 Malaysia
- 8.4.9.1 Market estimates and forecast, 2017 - 2027
- 8.4.9.2 Market estimates and forecast, by product, 2017 - 2027
- 8.4.9.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.4.9.4 Market estimates and forecast, by application, 2017 - 2027
- 8.4.9.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.4.10 Singapore
- 8.4.10.1 Market estimates and forecast, 2017 - 2027
- 8.4.10.2 Market estimates and forecast, by product, 2017 - 2027
- 8.4.10.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.4.10.4 Market estimates and forecast, by application, 2017 - 2027
- 8.4.10.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.4.11 Australia
- 8.4.11.1 Market estimates and forecast, 2017 - 2027
- 8.4.11.2 Market estimates and forecast, by product, 2017 - 2027
- 8.4.11.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.4.11.4 Market estimates and forecast, by application, 2017 - 2027
- 8.4.11.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.5 Latin America
- 8.5.1 Market estimates and forecast, 2017 - 2027
- 8.5.2 Market estimates and forecast, by product, 2017 - 2027
- 8.5.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.5.4 Market estimates and forecast, by application, 2017 - 2027
- 8.5.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.5.5 Brazil
- 8.5.5.1 Market estimates and forecast, 2017 - 2027
- 8.5.5.2 Market estimates and forecast, by product, 2017 - 2027
- 8.5.5.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.5.5.4 Market estimates and forecast, by application, 2017 - 2027
- 8.5.5.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.5.6 Mexico
- 8.5.6.1 Market estimates and forecast, 2017 - 2027
- 8.5.6.2 Market estimates and forecast, by product, 2017 - 2027
- 8.5.6.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.5.6.4 Market estimates and forecast, by application, 2017 - 2027
- 8.5.6.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.6 MEA
- 8.6.1 Market estimates and forecast, 2017 - 2027
- 8.6.2 Market estimates and forecast, by product, 2017 - 2027
- 8.6.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.6.4 Market estimates and forecast, by application, 2017 - 2027
- 8.6.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.6.5 UAE
- 8.6.5.1 Market estimates and forecast, 2017 - 2027
- 8.6.5.2 Market estimates and forecast, by product, 2017 - 2027
- 8.6.5.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.6.5.4 Market estimates and forecast, by application, 2017 - 2027
- 8.6.5.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.6.6 Saudi Arabia
- 8.6.6.1 Market estimates and forecast, 2017 - 2027
- 8.6.6.2 Market estimates and forecast, by product, 2017 - 2027
- 8.6.6.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.6.6.4 Market estimates and forecast, by application, 2017 - 2027
- 8.6.6.4.1 Market estimates and forecast, by commercial, 2017 - 2027
- 8.6.7 South Africa
- 8.6.7.1 Market estimates and forecast, 2017 - 2027
- 8.6.7.2 Market estimates and forecast, by product, 2017 - 2027
- 8.6.7.3 Market estimates and forecast, by technology, 2017 - 2027
- 8.6.7.4 Market estimates and forecast, by application, 2017 - 2027
- 8.6.7.4.1 Market estimates and forecast, by commercial, 2017 - 2027
Chapter 9 Company Profiles
- 9.1 Advantech Co. Ltd.
- 9.1.1 Business Overview
- 9.1.2 Financial Data
- 9.1.3 Product Landscape
- 9.1.4 Strategic Outlook
- 9.1.5 SWOT Analysis
- 9.2 Displaydata Limited
- 9.2.1 Business Overview
- 9.2.2 Financial Data
- 9.2.4 Strategic Outlook
- 9.2.5 SWOT Analysis
- 9.3 Diebold Nixdorf Incorporated
- 9.3.1 Business Overview
- 9.3.2 Financial Data
- 9.3.3 Product Landscape
- 9.3.4 Strategic Outlook
- 9.3.5 SWOT Analysis
- 9.4 E Ink Corporation
- 9.4.1 Business Overview
- 9.4.2 Financial Data
- 9.4.3 Product Landscape
- 9.4.5 SWOT Analysis
- 9.5 Hanshow Technology Co., Ltd.
- 9.5.1 Business Overview
- 9.5.2 Financial Data
- 9.5.3 Product Landscape
- 9.5.4 Strategic Outlook
- 9.5.5 SWOT Analysis
- 9.6 Herbert Retail Limited
- 9.6.1 Business Overview
- 9.6.2 Financial Data
- 9.6.3 Product Landscape
- 9.6.4 Strategic Outlook
- 9.6.5 SWOT Analysis
- 9.7 LG Innotek
- 9.7.1 Business Overview
- 9.7.2 Financial Data
- 9.7.3 Product Landscape
- 9.7.4 Strategic Outlook
- 9.7.5 SWOT Analysis
- 9.8 M2COMM
- 9.8.1 Business Overview
- 9.8.2 Financial Data
- 9.8.3 Product Landscape
- 9.8.4 SWOT Analysis
- 9.9 New Zealand Electronic Shelf Labelling Ltd.
- 9.9.1 Business Overview
- 9.9.2 Financial Data
- 9.9.3 Product Landscape
- 9.9.4 Strategic Outlook
- 9.9.5 SWOT Analysis
- 9.10 NXP Semiconductors N.V.
- 9.10.1 Business Overview
- 9.10.2 Financial Data
- 9.10.3 Product Landscape
- 9.10.4 Strategic Outlook
- 9.10.5 SWOT Analysis
- 9.11 Opticon Sensors Europe B.V.
- 9.11.1 Business Overview
- 9.11.2 Financial Data
- 9.11.3 Product Landscape
- 9.11.4 Strategic Outlook
- 9.11.5 SWOT Analysis
- 9.12 Pricer AB
- 9.12.1 Business Overview
- 9.12.2 Financial Data
- 9.12.3 Product Landscape
- 9.12.4 Strategic Outlook
- 9.12.5 SWOT Analysis
- 9.13 Samsung Electronics Co., Ltd.
- 9.13.1 Business Overview
- 9.13.2 Financial Data
- 9.13.3 Product Landscape
- 9.13.4 Strategic Outlook
- 9.13.5 SWOT Analysis
- 9.14 SES-imagotag
- 9.14.1 Business Overview
- 9.14.2 Financial Data
- 9.14.3 Product Landscape
- 9.14.4 Strategic Analysis
- 9.14.5 SWOT Analysis
- 9.15 SOLUM Co., Ltd.
- 9.15.1 Business Overview
- 9.15.2 Financial Data
- 9.15.3 Product Landscape
- 9.15.4 Strategic Outlook
- 9.15.5 SWOT Analysis
- 9.16 Teraoka Seiko Co., Ltd.
- 9.16.1 Business Overview
- 9.16.2 Financial Data
- 9.16.3 Product Landscape
- 9.16.4 Strategic Outlook
- 9.16.5 SWOT Analysis