Dublin, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The "Electronic Shelf Labels (ESLs) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Electronic Shelf Labels (ESLs) was estimated at US$975.7 Million in 2023 and is projected to reach US$3.1 Billion by 2030, growing at a CAGR of 17.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth of the Electronic Shelf Labels market is driven by several key trends, including the increasing automation in retail, the growing emphasis on enhancing the customer experience, and the need for pricing flexibility in competitive markets. As retailers continue to seek efficiency and accuracy in operations, the automation capabilities of ESLs make them a valuable tool for modernizing and streamlining store practices. The rising consumer demand for transparency and detailed product information also pushes retailers to adopt technologies that can deliver enhanced in-store experiences.
Additionally, the dynamic nature of pricing in today's digital and competitive market environment necessitates tools like ESLs that can execute instant price updates to adapt to market conditions and promotional strategies. These trends, combined with ongoing advancements in ESL technology, ensure robust market growth and expanding applications across various retail formats.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the LCD ESLs segment, which is expected to reach US$1.7 Billion by 2030 with a CAGR of a 17.2%. The E-Paper ESLs segment is also set to grow at 17.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $261.6 Million in 2023, and China, forecasted to grow at an impressive 25.8% CAGR to reach $862.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Electronic Shelf Labels (ESLs) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electronic Shelf Labels (ESLs) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Electronic Shelf Labels (ESLs) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Advantech Co., Ltd., Altierre SAS, Diebold Nixdorf, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 46 Featured):
- Advantech Co. Ltd.
- Altierre SAS
- Diebold Nixdorf, Inc.
- E Ink Holdings, Inc.
- Forbix Semicon India Pvt. Ltd.
- LANCOM Systems GmbH
- M2Communication, Inc.
- NZ Electronic Shelf Labelling
- Opticon Sensors Europe B.V.
- Pricer S.A.S.
- Samsung Electro-Mechanics
- Ses-Imagotag
- SoluM Co. Ltd.
- Teraoka Seiko Co. Ltd.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 223 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $975.7 Million |
| Forecasted Market Value (USD) by 2030 | $3.1 Billion |
| Compound Annual Growth Rate | 17.7% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Electronic Shelf Labels (ESLs) - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Retail Automation Drives Adoption of Electronic Shelf Labels
- Innovations in Display Technologies Propel ESL Market Growth
- Increasing Focus on Pricing Accuracy and Labor Cost Reduction Spurs ESL Deployments
- Growth in Organized Retail Sectors Bolsters Demand for Advanced Labeling Solutions
- Integration of IoT for Real-Time Pricing and Inventory Management
- Market Trends Toward Sustainability and Reduced Paper Use
- Development of Multi-Color ESLs and High-Resolution Displays
- Global Expansion of Supermarkets and Hypermarkets Driving ESL Installations
- Technological Advances in RFID and NFC Enhancing ESL Functionalities
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/2kcldc
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