Electronic Shelf Label (ESL) Market Size, Share, Development by 2025 - QY Research, Inc.

This report studies the global Electronic Shelf Label (ESL) market status and forecast, categorizes the global Electronic Shelf Label (ESL) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.

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.

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An electronic shelf label includes a transceiver configured to communicate with a plurality of wireless data tags associated with a plurality of retail products.

Electronic Shelf Label (ESL) is a technology-intensive industry. There are less than twenty manufacturers in this industry. The top two manufacturers are Store Electronic Systems (imagotag) and Pricer in 2015. The other competitors include Displaydata, E Ink, Opticon Sensors Europe B.V,

DIGI, Altierre, Hanshow Technology and new entrants like Panasonic, LG innotek and Samsung etc. There are also a number of smaller regional companies or companies that are attempting to develop products with a view to establishing a position on the market. With the restructuring of the sector, for example, if one or more competitors were to enter into an alliance with a strong partner, this could constitute a threat to other players in the market. The growth of Electronic Shelf Label (ESL) industry depends on the acceptance of retail store.

At present, in developed countries, the Electronic Shelf Label (ESL) industry is generally at a more advanced level. The world's largest enterprises are mainly concentrated in Europe. Meanwhile, foreign companies have more advanced R & D capability and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Asia companies.

The global Electronic Shelf Label (ESL) market is valued at 630 million US$ in 2017 and will reach 2350 million US$ by the end of 2025, growing at a CAGR of 18.0% during 2018-2025.

The major manufacturers covered in this report

    SES (imagotag)

    Pricer

    Samsung

    E Ink

    Displaydata

    Opticon Sensors Europe B.V

    DIGI

    Hanshow Technology

    LG innotek

    Panasonic

    Altierre

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Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

    United States

    EU

    China

    Japan

    South Korea

    Taiwan