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Electronic Shelf Label (ESL) Market Size, Share & COVID-19 Impact Analysis, By Type (LCD based and E-paper based), By Technology (Vendor Facing Technology and Consumer Facing Technology), By End-use Industry (Hypermarket/ Supermarket, Non-food Retail Stores, Specialty Stores, and Others), and Regional Forecast, 2020-2027
The “Electronic Shelf labels Market Size” industry report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research and development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the The Electronic Shelf labels Market by region.
The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on theElectronic Shelf labels Market share, types, applications, growth factor, key players and regions.
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Reduced Footfalls in Physical Stores amid COVID-19 to Dampen Market Prospects
With governments around the globe imposing strict social distancing measures, fears of contracting the infection mounting, and severe economic downturn caused by the COVID-19 pandemic, physical retail outlets have been forced to grapple with sharp declines in footfall traffic. According to the London-based research initiative, UK in a Changing Europe, footfall in retail stores has slumped by 85%, since the announcement of lockdown in the country. Declining sales and falling demand forced high street retailers such as Oasis and Warehouse to shut down their stores across the UK. In India, retailers such as the Prestige Group reported a staggering drop of in want-based purchases, which drive 80% of sales in the country. These drastic developments have forced companies and retail franchises to delay or cancel their ESL deployment plans, which will inevitably hamper the electronic shelf label market growth.
Companies involved in the globalElectronic Shelf labels Market research report are:
This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global portable generator market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
The total size of the Electronic Shelf labels Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
Extensive secondary research was used to identify the industry’s key players.
The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
Electronic Shelf labels MarketMarket Segmentation
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Name: Ashwin Arora Email:[email protected] Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Electronic Shelf labels Market to Reach USD 2,857.6 Mn, Globally, by 2027 at 20.8% CAGR: Fortune Business Insights
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