The electronic shelf label market grows in 2021-2027. The Covid 19 Outbreak Impact research report is added by Report Ocean, which provides in-depth analysis of market characteristics, scale and growth, segmentation, regional and country segmentation, competitive landscape, market share, trends and the market’s Strategy. It tracks the history of the market and predicts market growth by region. It puts the market in the context of the broader electronic shelf label market and compares it with other markets. , Market definition, regional market opportunities, sales and revenue by region, manufacturing cost analysis, industry chain, market influencing factor analysis, electronic shelf label market size forecast, market data and graphs and statistics, tables, bar graphs and pie Graphs, and more for business intelligence. Get a complete report (including a complete TOC, more than 100 tables and charts, and graphs). – Analysis of the impact of the COVID-19 market outbreak by region and in-depth analysis before and after the situation
The market size of electronic shelf labels in 2018 was US$624.7 million and is expected to reach US$2.4 billion by 2027, with a compound annual growth rate of 15.9% from 2020 to 2027.
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The electronic shelf label (ESL) system is used to display product prices on shelves. It uses radio frequency (RF) technology and infrared (IR) technology and other wireless communication networks to communicate with the back-end database.
The electronic display module is basically attached to the front edge of the retail shelf. Whenever the price is changed from the central control server, the product pricing is automatically updated. These labels eliminate the difference in product sales prices and show customers reliable prices. The ESL system has a wide range of applications in various stores such as hypermarkets, supermarkets, non-food retail stores, specialty stores, etc.
The electronic shelf label market is highly competitive, and the key strategies adopted by major players are new product launches, product development, business expansion, mergers and acquisitions. For example, in January 2019, SES-imagotag established a partnership with Ossia to develop smart digital tags for wireless charging. Wireless charging is a key enabler for the widespread use of retail IoT solutions, such as smart electronic shelf labels. The tag life can be expanded by wireless power to expand the capacity of the button battery.
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The automation trend in the retail industry is a key factor driving the growth of the electronic shelf label market. In addition, the need for more cost-effective and time-saving alternatives to paper labels is driving market growth. In addition, due to the use of electronic shelf labels, real-time product positioning improves operational efficiency and promotes market growth. However, high installation and infrastructure costs have limited market growth. In addition, low return on investment is expected to hinder the growth of the electronic shelf label market.
Major companies in the global electronic shelf label industry include Pricer, SES-imagotag, Samsung Electro-Mechanics, E Ink Holdings, Displaydata Limited, Altieer Corporation, Diebold Nixdorf, Incorporation, Clearink Display, Panasonic Corporation and NCR Corporation.
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Key parts of the electronic shelf label market:
By product type-LCD-segmented electronic paper-full graphic electronic paper
By component-display-battery-transceiver-microprocessor-other
By display size-less than 3 inches-3 inches to 7 inches-7 inches to 10 inches-more than 10 inches
Press Communication Technology-Radio Frequency-Infrared-Near Field Communication-Other
By store type-hypermarkets-supermarkets-non-food retail stores-specialty stores-other
By region – North America o United States o Mexico o Canada – Europe o Germany o France o United Kingdom o Rest of Europe – Asia Pacific o Japan o China o South Korea o Singapore o Rest of Asia Pacific – LAMEA o Latin America o Middle East & Africa
Our market research provides important intelligence on market size, business trends, industry structure, market share, and market forecasts, which are essential for formulating business plans and strategies.
Comprehensive factors, including COVID-19 containment, end market recovery and 2020/2021 recovery timeline
Under the impact analysis of the COVID-19 outbreak: We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyzed the impact of COVID-19 on various regions and major countries. Pointed out the impact of COVID-19 on the future development of the industry.
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The study explores the impact analysis of the COVID 19 outbreak
What should be the entry strategy, countermeasures to deal with economic impact, and marketing channels? What are market dynamics? What are the challenges and opportunities? What is the economic impact on the market? What is the current market situation? What is the market competition in this industry, whether it is a company or a country? What is considering the application and type of market analysis?
Key question to answer: Research to explore the impact analysis of the COVID 19 outbreak
The research objectives of this report are:
Research and analyze the global market size (value and volume) by company, key regions/countries, products and applications, historical data and forecasts to 2025. To understand the market structure by identifying its various market segments. Share detailed information on the key factors (growth potential, opportunities, drivers, industry-specific challenges and risks) that affect market growth. Focus on major global manufacturers, define, describe and analyze the sales, value, market share, market competition landscape, SWOT analysis and development plans in the next few years. Analyze growth trends, future prospects and their contribution to the overall market. Predict the value and volume of submarkets, involving key regions (and their respective key countries). Analyze competitive developments, such as market expansion, agreements, new product launches, and acquisitions. Strategically analyze key players and comprehensively analyze their growth strategies.
Geographic segmentation: The regional and country segmentation section analyzes the market in each geographic region and the market size by geographic region, and compares their historical and projected growth. It covers the impact and recovery path of Covid 19 on all regions, major developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico , Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, United Kingdom, United States, Venezuela, Vietnam
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In-depth qualitative analysis of the impact of the COVID 19 outbreak includes the identification and investigation of the following aspects: market structure, growth drivers, constraints and challenges, emerging product trends and market opportunities, Porter's Fiver power. The report also examines the financial status of leading companies, including gross profit, revenue generation, sales volume, sales revenue, manufacturing costs, individual growth rates and other financial ratios. The report basically provides detailed information about market trends, growth factors, constraints, opportunities, challenges, future forecasts, and all major market participants.
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