Global Electronic Shelf Label (ESL) System Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026
Electronic Shelf Label, also known by the acronym ESL. It is the latest solution for inventory and price management in the retail sector, based on the use of advanced IT technology. ESL replaces conventional paper price tags attached to the shelves of supermarkets and department stores with, for example, LCDs and electronic paper (E-paper) that show information on product price, sales promotions, etc.
ESL takes advantage of Zigbee, a low-power wireless communication technology, to keep product prices updated in real time. ESL consists of an e-paper equipped tag and gateway which delivers product information. The central server transmits information of each product to the gateway, which in turn sends such information to thousands of tags at the same time.
An electronic shelf label includes a transceiver configured to communicate with a plurality of wireless data tags associated with a plurality of retail products.
The industry's leading manufacturers are BOC (ses-imagotag), Pricer and SoluM, with revenues of 30.07%, 17.29% and 14.56% respectively in 2019.
Market Analysis and Insights: Global Electronic Shelf Label (ESL) System Market
In 2019, the global Electronic Shelf Label (ESL) System market size was US$ 723.2 million and it is expected to reach US$ 1905.9 million by the end of 2026, with a CAGR of 14.7% during 2021-2026.
Global Electronic Shelf Label (ESL) System Scope and Market Size
Electronic Shelf Label (ESL) System market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Electronic Shelf Label (ESL) System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Electronic Shelf Label (ESL) System market is segmented into
Standard (1-3 inch)
Mid-Large (3.1-7 inch)
Large (7.1-10 inch)
Segment by Application, the Electronic Shelf Label (ESL) System market is segmented into
Department Stores or Mass Merchandise
Grocery or Supermarket
Drug Stores
Specialty Stores
Others
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Electronic Shelf Label (ESL) System market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Electronic Shelf Label (ESL) System product introduction, recent developments, Electronic Shelf Label (ESL) System sales by region, type, application and by sales channel.
The major companies include:
BOC (SES-imagotag)
Pricer
SoluM
E Ink
Displaydata
Opticon Sensors Europe B.V
DIGI
Hanshow
LG innotek
Panasonic
Altierre
ESL takes advantage of Zigbee, a low-power wireless communication technology, to keep product prices updated in real time. ESL consists of an e-paper equipped tag and gateway which delivers product information. The central server transmits information of each product to the gateway, which in turn sends such information to thousands of tags at the same time.
An electronic shelf label includes a transceiver configured to communicate with a plurality of wireless data tags associated with a plurality of retail products.
The industry's leading manufacturers are BOC (ses-imagotag), Pricer and SoluM, with revenues of 30.07%, 17.29% and 14.56% respectively in 2019.
Market Analysis and Insights: Global Electronic Shelf Label (ESL) System Market
In 2019, the global Electronic Shelf Label (ESL) System market size was US$ 723.2 million and it is expected to reach US$ 1905.9 million by the end of 2026, with a CAGR of 14.7% during 2021-2026.
Global Electronic Shelf Label (ESL) System Scope and Market Size
Electronic Shelf Label (ESL) System market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Electronic Shelf Label (ESL) System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Electronic Shelf Label (ESL) System market is segmented into
Standard (1-3 inch)
Mid-Large (3.1-7 inch)
Large (7.1-10 inch)
Segment by Application, the Electronic Shelf Label (ESL) System market is segmented into
Department Stores or Mass Merchandise
Grocery or Supermarket
Drug Stores
Specialty Stores
Others
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Electronic Shelf Label (ESL) System Market Share AnalysisElectronic Shelf Label (ESL) System market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Electronic Shelf Label (ESL) System product introduction, recent developments, Electronic Shelf Label (ESL) System sales by region, type, application and by sales channel.
The major companies include:
BOC (SES-imagotag)
Pricer
SoluM
E Ink
Displaydata
Opticon Sensors Europe B.V
DIGI
Hanshow
LG innotek
Panasonic
Altierre
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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