Electronic Shelf Label (ESL) Market Stakeholders and SWOT Analysis 2028

[4/12/2019]:   The global electronic shelf label (ESL) market is expected to display higher growth rate in the upcoming years. Rapid surge in the market is credited to the growing implementation of smart label identification methods over conventional labeled identification method. Other factors responsible for sustained growth of smart label market include cost effectiveness and wide accessible range of the products. Globally, market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of electronic shelf label.

Increasing preference for IoT technology in the retail sector is considered as the key industry trend associated with electronic shelf label market over the past few years. The rising demand of smart labels from various sectors such as hospitals, surgical clinics, treatment centers, and various labs, in order to achieve precise results and consistent performance is driving the market growth. Increasing popularity of electronic labeling technique among end-users is one of the major driving factors for the expansion of the smart label market, in the recent years.

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Market Segment:

Leading players of Electronic Shelf Label (ESL) including:

• Store Electronic Systems

• Pricer

• Samsung Electro-Mechanics (SEMCO)

• E Ink

• Displaydata

• Opticon Sensors Europe B.V

• DIGI

• Panasonic

• Altierre

An electronic shelf label (ESL) is designed to store, monitor, and transmit digital information that helps in reducing overall tracking time. Electronic shelf label (ESL) helps to minimize human intervention and errors during various industrial process, owing to their high-end precision and efficiency. The electronic shelf label (ESL) offers advanced solutions for challenges such as theft and shoplifting faced by retailers and manufacturers by delivering anti-theft and anti-counterfeit system.

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Market split by Type, can be divided into:

• Standard (1-3 inch)

• Mid-Large (3.1-7 inch)

• Large (7.1-10 inch)

Market split by Application, can be divided into:

• Grocery/Supermarket

• Drug Stores

• Specialty Stores

Market split by Sales Channel, can be divided into:

• Direct Sales

• Distribution Sales

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)

• Europe (Germany, UK, France, Italy, Russia and Spain etc.)

• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

• South America Brazil, Argentina, Colombia and Chile etc.)

• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)