Electronic Shelf Label System Market

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.
Electronic Shelf Label System Market contains market size and forecasts of Electronic Shelf Label (ESL) System in global, including the following market information:
Global Electronic Shelf Label (ESL) System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electronic Shelf Label (ESL) System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Electronic Shelf Label (ESL) System companies in 2021 (%)
The global Electronic Shelf Label (ESL) System market was valued at 1052.6 million in 2021 and is projected to reach US$ 2614 million by 2028, at a CAGR of 13.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Standard (1-3 inch) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electronic Shelf Label (ESL) System include BOC (SES-imagotag), Pricer, SoluM, E Ink, Displaydata, Opticon Sensors Europe B.V, DIGI, Hanshow and LG innotek, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electronic Shelf Label (ESL) System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electronic Shelf Label (ESL) System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electronic Shelf Label (ESL) System Market Segment Percentages, by Type, 2021 (%)
Standard (1-3 inch)
Mid-Large (3.1-7 inch)
Large (7.1-10 inch)
Global Electronic Shelf Label (ESL) System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electronic Shelf Label (ESL) System Market Segment Percentages, by Application, 2021 (%)
Department Stores or Mass Merchandise
Grocery or Supermarket
Drug Stores
Specialty Stores
Others
Global Electronic Shelf Label (ESL) System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electronic Shelf Label (ESL) System Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electronic Shelf Label (ESL) System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electronic Shelf Label (ESL) System revenues share in global market, 2021 (%)
Key companies Electronic Shelf Label (ESL) System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Electronic Shelf Label (ESL) System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
BOC (SES-imagotag)
Pricer
SoluM
E Ink
Displaydata
Opticon Sensors Europe B.V
DIGI
Hanshow
LG innotek
Panasonic
Altierre