Reports

Sale

Global Electronic Shelf Label Market Size, Share, Forecast: By Components: Displays, Batteries, Transceivers, Microprocessors, Others; By Product: Liquid Crystal Displays, E-Paper; By Display Size: Less than 3 Inches, 3 to 7 Inches, Others; By Communication Technology; By End Use; Regional Analysis; Competitive Landscape; 2024-2032

Global Electronic Shelf Label Market Outlook

The global electronic shelf label market reached a value of about USD 1.33 billion in 2023. The market is further estimated to grow at a CAGR of 21.4% in the forecast period of 2024-2032 to reach a value of around USD 7.59 billion by 2032.

electronic-shelf-label-market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Rising Demand for E-Papers to Propel the Market Growth of Electronic Shelf Label

Based on product, the demand for e-papers, owing to their exceptional benefits, has been increasing significantly. E-paper is being increasingly used in low-frequency switching displays such as electronic shelf labels because it offers a low-power paper-like display and ensures an ultra-long battery life. E-paper displays possess image memory and do not require power to maintain the display; they mostly need power when there is a change in the display. They provide multiple advantages, like high reflectivity, high contrast, readability, and a wider viewing angle. Also, electronic paper is a cheaper alternative to traditional paper label methods. The initiatives taken by market players to offer smart shelf labels are accelerating the market development. The increasing acceptance of e-paper in the expanding retail sector over traditional LCD screens for better reading experience as it reflects ambient light rather than emitting its own light is anticipated to stimulate the electronic shelf label market growth over the forecast period.

Market Segmentation

An electronic shelf label, also called a digital price tag, is a display system that is used by retailers to display the prices of products and other relevant information pertaining to the products. It is attached to retail shelves and automatically updates the prices of goods through a local network, which enhances the customer experience.

electronic-shelf-label-market-by-segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The market for electronic shelf label, by component, is divided into:

Displays
Batteries
Transceivers
Microprocessors
Others

Based on product, the market is bifurcated into:

Liquid Crystal Displays
E-Paper
- Graphic E-Paper
- Segment E-Paper

On the basis of display size, the market is segmented into:

Less than 3 Inches
3 to 7 Inches
7 to 10 Inches
More than 10 Inches

Based on communication technology, the market is classified into:

Radio Frequency
Infrared
Near-field Communication
Others

On the basis of end use, the market is divided into:

Hypermarkets
Supermarkets
Non-food Retail Stores
Speciality Stores
Others

The regional markets for electronic shelf label can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

electronic-shelf-label-market-by-region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Rising Adoption of Automation in the Retail Sector to Drive the Market Growth of Electronic Shelf Label

The rapid adoption of automation in the retail sector is leading to the rising use of electronic shelf labels in speciality stores, supermarkets, and others, which is driving the electronic shelf label market growth. The electronic shelf label enables the smooth functioning of retail stores by reducing pricing management labour costs, eliminating manual labour, lowering operational costs, and improving pricing accuracy. It helps implement dynamic pricing solutions, enabling the stores to boost their sales by keeping up with the latest market trends and raising product prices. The engaging displays of electronic shelf labels enable businesses to implement better advertising campaigns and connect with smart customers. Additionally, it also plays a critical role in providing an enhanced customer experience by informing stock levels, displaying online prices, enabling ordering with QR codes, and displaying the reviews of products. Further, electronic shelf labels significantly reduce the use of raw materials associated with traditional methods, such as by replacing the paper with digital technology. This makes it a sustainable option and is leading to its increased adoption due to rising eco-consciousness. Over the forecast period, the integration of advanced technology like the Internet of Things and cloud computing in the retail sector is expected to further augment the market growth.

Key Players in the Global Market for Electronic Shelf Label

The report gives a detailed analysis of the following key players in the global electronic shelf label market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

E Ink Holdings Inc.
Pricer AB
Displaydata Limited
troniTAG GmbH
SES-imagotag Group
Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment: Components Product Display Size Communication Technology End Use Region
Breakup by Components	Displays Batteries Transceivers Microprocessors Others
Breakup by Product	Liquid Crystal Displays E-Paper Graphic E-Paper Segment E-Paper
Breakup by Display Size	Less than 3 Inches 3 to 7 Inches 7 to 10 Inches More than 10 Inches
Breakup by Communication Technology	Radio Frequency Infrared Near-field Communication Others
Breakup by End Use	Hypermarkets Supermarkets Non-food Retail Stores Speciality Stores Others
Breakup by Region	North America United States of America Canada Europe United Kingdom Germany France Italy Others Asia Pacific China Japan India ASEAN Australia Others Latin America Brazil Argentina Mexico Others Middle East and Africa Saudi Arabia United Arab Emirates Nigeria South Africa Others
Market Dynamics	SWOT Analysis Porter's Five Forces Analysis Key Indicators for Demand Key Indicators for Price
Competitive Landscape	Market Structure Company Profiles Company Overview Product Portfolio Demographic Reach and Achievements Certifications
Companies Covered	E Ink Holdings Inc. Pricer AB Displaydata Limited troniTAG GmbH SES-imagotag Group Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Market Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Electronic Shelf Label Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Electronic Shelf Label Historical Market (2018-2023)
   8.3   Global Electronic Shelf Label Market Forecast (2024-2032)
   8.4   Global Electronic Shelf Label Market by Components
       8.4.1   Displays
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Batteries
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
       8.4.3   Transceivers
           8.4.3.1 Historical Trend (2018-2023)
           8.4.3.2 Forecast Trend (2024-2032)
       8.4.4   Microprocessors
           8.4.4.1 Historical Trend (2018-2023)
           8.4.4.2 Forecast Trend (2024-2032)
       8.4.5   Others
   8.5   Global Electronic Shelf Label Market by Product
       8.5.1   Liquid Crystal Displays
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   E-Paper
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
           8.5.2.3 Breakup by Type
               8.5.2.3.1   Graphic E-Paper
               8.5.2.3.2   Segment E-Paper
   8.6   Global Electronic Shelf Label Market by Display Size
       8.6.1   Less than 3 Inches
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   3 to 7 Inches
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   7 to 10 Inches
           8.6.3.1 Historical Trend (2018-2023)
           8.6.3.2 Forecast Trend (2024-2032)
       8.6.4   More than 10 Inches
           8.6.4.1 Historical Trend (2018-2023)
           8.6.4.2 Forecast Trend (2024-2032)
   8.7   Global Electronic Shelf Label Market by Communication Technology
       8.7.1   Radio Frequency
           8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   Infrared
           8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
       8.7.3   Near-field Communication
           8.7.3.1 Historical Trend (2018-2023)
           8.7.3.2 Forecast Trend (2024-2032)
       8.7.4   Others
   8.8   Global Electronic Shelf Label Market by End Use
       8.8.1   Hypermarkets
           8.8.1.1 Historical Trend (2018-2023)
           8.8.1.2 Forecast Trend (2024-2032)
       8.8.2   Supermarkets
           8.8.2.1 Historical Trend (2018-2023)
           8.8.2.2 Forecast Trend (2024-2032)
       8.8.3   Non-food Retail Stores
           8.8.3.1 Historical Trend (2018-2023)
           8.8.3.2 Forecast Trend (2024-2032)
       8.8.4   Speciality Stores
           8.8.4.1 Historical Trend (2018-2023)
           8.8.4.2 Forecast Trend (2024-2032)
       8.8.5   Others
   8.9   Global Electronic Shelf Label Market by Region
       8.9.1   North America
           8.9.1.1 Historical Trend (2018-2023)
           8.9.1.2 Forecast Trend (2024-2032)
       8.9.2   Europe
           8.9.2.1 Historical Trend (2018-2023)
           8.9.2.2 Forecast Trend (2024-2032)
       8.9.3   Asia Pacific
           8.9.3.1 Historical Trend (2018-2023)
           8.9.3.2 Forecast Trend (2024-2032)
       8.9.4   Latin America
           8.9.4.1 Historical Trend (2018-2023)
           8.9.4.2 Forecast Trend (2024-2032)
       8.9.5   Middle East and Africa
           8.9.5.1 Historical Trend (2018-2023)
           8.9.5.2 Forecast Trend (2024-2032)
9   North America Electronic Shelf Label Market Analysis
   9.1   United States of America
       9.1.1 Historical Trend (2018-2023)
       9.1.2 Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1 Historical Trend (2018-2023)
       9.2.2 Forecast Trend (2024-2032)
10   Europe Electronic Shelf Label Market Analysis
   10.1   United Kingdom
       10.1.1 Historical Trend (2018-2023)
       10.1.2 Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1 Historical Trend (2018-2023)
       10.2.2 Forecast Trend (2024-2032)
   10.3   France
       10.3.1 Historical Trend (2018-2023)
       10.3.2 Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1 Historical Trend (2018-2023)
       10.4.2 Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Electronic Shelf Label Market Analysis
   11.1   China
       11.1.1 Historical Trend (2018-2023)
       11.1.2 Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1 Historical Trend (2018-2023)
       11.2.2 Forecast Trend (2024-2032)
   11.3   India
       11.3.1 Historical Trend (2018-2023)
       11.3.2 Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1 Historical Trend (2018-2023)
       11.4.2 Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1 Historical Trend (2018-2023)
       11.5.2 Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Electronic Shelf Label Market Analysis
   12.1   Brazil
       12.1.1 Historical Trend (2018-2023)
       12.1.2 Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1 Historical Trend (2018-2023)
       12.2.2 Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1 Historical Trend (2018-2023)
       12.3.2 Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Electronic Shelf Label Market Analysis
   13.1   Saudi Arabia
       13.1.1 Historical Trend (2018-2023)
       13.1.2 Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1 Historical Trend (2018-2023)
       13.2.2 Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1 Historical Trend (2018-2023)
       13.3.2 Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1 Historical Trend (2018-2023)
       13.4.2 Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Value Chain Analysis
16   Competitive Landscape
   16.1   Market Structure
   16.2   Company Profiles
       16.2.1   E Ink Holdings Inc.
           16.2.1.1   Company Overview
           16.2.1.2   Product Portfolio
           16.2.1.3   Demographic Reach and Achievements
           16.2.1.4   Certifications
       16.2.2   Pricer AB
           16.2.2.1   Company Overview
           16.2.2.2   Product Portfolio
           16.2.2.3   Demographic Reach and Achievements
           16.2.2.4   Certifications
       16.2.3   Displaydata Limited
           16.2.3.1   Company Overview
           16.2.3.2   Product Portfolio
           16.2.3.3   Demographic Reach and Achievements
           16.2.3.4   Certifications
       16.2.4   troniTAG GmbH
           16.2.4.1   Company Overview
           16.2.4.2   Product Portfolio
           16.2.4.3   Demographic Reach and Achievements
           16.2.4.4   Certifications
       16.2.5   SES-imagotag Group
           16.2.5.1   Company Overview
           16.2.5.2   Product Portfolio
           16.2.5.3   Demographic Reach and Achievements
           16.2.5.4   Certifications
       16.2.6   Others
17   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Electronic Shelf Label Market: Key Industry Highlights, 2018 and 2032
2.   Global Electronic Shelf Label Historical Market: Breakup by Components (USD Billion), 2018-2023
3.   Global Electronic Shelf Label Market Forecast: Breakup by Components (USD Billion), 2024-2032
4.   Global Electronic Shelf Label Historical Market: Breakup by Product (USD Billion), 2018-2023
5.   Global Electronic Shelf Label Market Forecast: Breakup by Product (USD Billion), 2024-2032
6.   Global Electronic Shelf Label Historical Market: Breakup by Display Size (USD Billion), 2018-2023
7.   Global Electronic Shelf Label Market Forecast: Breakup by Display Size (USD Billion), 2024-2032
8.   Global Electronic Shelf Label Historical Market: Breakup by Communication Technology (USD Billion), 2018-2023
9.   Global Electronic Shelf Label Market Forecast: Breakup by Communication Technology (USD Billion), 2024-2032
10.   Global Electronic Shelf Label Historical Market: Breakup by End Use (USD Billion), 2018-2023
11.   Global Electronic Shelf Label Market Forecast: Breakup by End Use (USD Billion), 2024-2032
12.   Global Electronic Shelf Label Historical Market: Breakup by Region (USD Billion), 2018-2023
13.   Global Electronic Shelf Label Market Forecast: Breakup by Region (USD Billion), 2024-2032
14.   North America Electronic Shelf Label Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   North America Electronic Shelf Label Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Europe Electronic Shelf Label Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Europe Electronic Shelf Label Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Asia Pacific Electronic Shelf Label Historical Market: Breakup by Country (USD Billion), 2018-2023
19.   Asia Pacific Electronic Shelf Label Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.   Latin America Electronic Shelf Label Historical Market: Breakup by Country (USD Billion), 2018-2023
21.   Latin America Electronic Shelf Label Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.   Middle East and Africa Electronic Shelf Label Historical Market: Breakup by Country (USD Billion), 2018-2023
23.   Middle East and Africa Electronic Shelf Label Market Forecast: Breakup by Country (USD Billion), 2024-2032
24.   Global Electronic Shelf Label Market Structure

Key Questions Answered in the Report

What was the global electronic shelf label market size in 2023?

In 2023, the global electronic shelf label market attained a value of nearly USD 1.33 billion.

What is the growth rate of the market?

The market is assessed to grow at a CAGR of 21.4% between 2024 and 2032.

What is the forecast outlook of the market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 7.59 billion by 2032.

What are the major market drivers?

The major market drivers include the expanding retail sector, rising inclination towards e-paper shelf labels, benefits such as enhanced customer experience, environment-friendly and sustainable nature, and enabling businesses to implement better advertising campaigns and connect with smart customers.

What are the key trends of the global electronic shelf label market?

The key trends guiding the growth of the market include the rapid adoption of automation in the retail sector, new product launches by market players, and growing technological advancements.

What are the major regional markets of electronic shelf label, according to the EMR report?

The major regions are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the significant components of electronic shelf label?

The significant components of electronic shelf label include displays, batteries, transceivers, and microprocessors, among others.

What are the various products of electronic shelf label?

The various products of electronic shelf label include liquid crystal displays and e-paper.

What are the different display sizes of the product?

The different display sizes of the product include less than 3 inches, 3 to 7 inches, 7 to 10 inches, and more than 10 inches.

What are the various communication technologies associated with electronic shelf label?

The various communication technologies associated with electronic shelf label include radio frequency, infrared, and near-field communication, among others.

What are the major end uses of the product?

The major end uses of the product include hypermarkets, supermarkets, non-food retail stores, and speciality stores, among others.

Who are the key market players, according to the report?

The major players in the market are E Ink Holdings Inc., Pricer AB, Displaydata Limited, troniTAG GmbH, and SES-imagotag Group, among others.

Analyst Review

The global electronic shelf label market attained a value of nearly USD 1.33 billion in 2023, driven by the rapid adoption of automation in the retail sector and the exceptional benefits of electronic shelf labels. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 21.4%. The market is estimated to reach about USD 7.59 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market for electronic shelf label, by component, is divided into displays, batteries, transceivers, and microprocessors, among others. Based on product, the market is bifurcated into liquid crystal displays and e-paper. On the basis of display size, the market is segmented into less than 3 inches, 3 to 7 inches, 7 to 10 inches, and more than 10 inches. Based on communication technology, the market is classified into radio frequency, infrared, and near-field communication, among others. On the basis of end use, the market is divided into hypermarkets, supermarkets, non-food retail stores, and speciality stores, among others. The major regional markets for electronic shelf label are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include E Ink Holdings Inc., Pricer AB, Displaydata Limited, troniTAG GmbH, and SES-imagotag Group, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Request Sample

Purchase Full Report

Mini Report

$ ~~2199~~ $1999

Selected Sections, One User
Printing Not Allowed
Email Delivery in PDF
~~Free Limited Customisation~~
~~Post Sales Analyst Support~~
~~50% Discount on Next Update~~

Buy Now

Single User License

$ ~~3299~~ $2999

All Sections, One User
One Print Allowed
Email Delivery in PDF
~~Free Limited Customisation~~
~~Post Sales Analyst Support~~
~~50% Discount on Next Update~~

Buy Now

Five User License

$ ~~4399~~ $3999

All Sections, Five Users
Five Prints Allowed
Email Delivery in PDF
Free Limited Customisation
Post Sales Analyst Support
~~50% Discount on Next Update~~

Buy Now

Corporate License

$ ~~5499~~ $4999

All Sections, Unlimited Users
Unlimited Prints Allowed
Email Delivery in PDF + Excel
Free Limited Customisation
Post Sales Analyst Support
50% Discount on Next Update

Buy Now

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER