The ‘Global Electronic Shelf Label Market Growth, Size, Price, Trends, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global electronic shelf label market, assessing the market on the basis of its segments like components, product, display size, communication technology, end use, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Table of Contents
Electronic Shelf Label Market Share, Size, Price, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028): 21.40%
The electronic shelf label market is growing rapidly due to rising adoption of automation in the retail sectors. Automation facilitates the easy use of electronic shelf labels in supermarkets and hypermarkets, specialty stores, and various other stores. Electronic shelf labels are widely used because they benefit the stores in several ways such as supporting smooth functioning of the stores, eliminating manual labour, improving pricing accuracy, reducing price management labour cost, and lowering operational cost.
The engaging display of the electronic shelf labels allow the businesses to advertise better and also connect to customers in an easier manner. Customers can be informed about any information such as the stock levels or online prices making it convenient for the users. Customers are also able to place and track orders with the help of QR codes using these displays, providing them with enhanced customer experience.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/electronic-shelf-label-market/requestsample
Replacement of paper with the digital technology is growing rapidly as it is considered as a sustainable option and also reduces the use of raw materials that played an important role in the traditional methods. Rising eco-consciousness among people is further boosting the adoption of digital techniques for displaying shelf labels instead of using of paper, which is ultimately helping the overall electronic shelf label market to grow.
Electronic Shelf Label Industry Definition and Major Segments
An electronic shelf label is an electronic method of displaying the price of various products on the shelves of a store or display. These shelves are capable of automatically updating the price of a particular product when changed and are controlled from a central server. They are typically attached to the front edge of the retail shelving.
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/electronic-shelf-label-market
Based on component, the market can be segmented into:
On the basis of product, the market has been classified into:
Liquid Crystal Displays
Based on display size, the market can be categorised into:
Less than 3 Inches
3 to 7 Inches
7 to 10 Inches
More than 10 Inches
On the basis of communication technology, the market can be segmented into:
Based on end use, the market can be categorised into:
Non-food Retail Stores
On the basis of region, the market can be divided into:
Middle East and Africa
Electronic Shelf Label Market Trends
The key trends in the global electronic shelf label market include the integration of advanced technologies such as cloud computing and Internet of Things in the retail sector which is subjected to improve the working of the electronic shelf label market. A lot of key players are investing and carrying out research activities in order to enhance the product with the help of IoT and cloud computing. Cloud computing helps in sending information to various branches and simultaneously storing and informing employees of necessary changes.
Development of features in the LCD electronic shelf labels such as low light source and near zero power requirements to display information are some major developments increasing their use in the retail stores. They provide comfort to the viewers eyes and also provide better protection in comparison to the traditional LCDs.
Electronic shelf label e-papers are capable of replacing the LCDs as they provide real-time in store display which allows only reliable and secure information to reach the customers. They also direct the customers towards products that are in stock and can be made unique and interesting. All these factors are helping in the rapid growth of the electronic shelf label market.
Key Market Players
The major players in the electronic shelf label market report are
- E Ink Holdings Inc.
- Pricer AB
- Displaydata Limited
- troniTAG GmbH
- SES-imagotag Group
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Potassium Dihydrogen Phosphate Market: https://www.expertmarketresearch.com/reports/potassium-dihydrogen-phosphate-market
Magnesium Silicate Market: https://www.expertmarketresearch.com/reports/magnesium-silicate-market
Mascarpone Cheese Market: https://www.expertmarketresearch.com/reports/mascarpone-cheese-market
Mono Diglycerides Market: https://www.expertmarketresearch.com/reports/mono-diglycerides-market
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Christopher, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA