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The electronic shelf labels (ESL) market refers to the use of digital price tags that are placed on retail store shelves to display product information, such as prices, promotions, and product descriptions.
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Electronic Shelf Labels Market – Trends and Forecast Till 2030 sales@delvens.comwww.delvens.com
Electronic Shelf Labels Market – Trends Forecast Till 2030 Electronic Shelf Labels Market, by Full Graphic E-paper, LCDs, Segmented E-paper, Retail, Industrial, Label Management, Inventory & Stock Management, Transceivers, Infrared, Radio Frequency, Near-field Communication and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Request For Free Sample Report:https://www.delvens.com/get-free-sample/electronic-shelf-labels-market sales@delvens.com www.delvens.com
Market Overview The global Electronic Shelf Labels Market size was estimated at USD 1,440 million in 2023 and is projected to reach USD 3,163.54 million in 2030 at a CAGR of 11.90 % during the forecast period 2024-2030. The electronic shelf labels (ESL) market refers to the use of digital price tags that are placed on retail store shelves to display product information, such as prices, promotions, and product descriptions. These labels utilize e-ink technology or other digital display methods to provide real-time updates, reducing the need for manual price changes. ESLs are increasingly being adopted by retailers due to their ability to enhance customer experience, streamline store operations, and improve pricing accuracy and flexibility. Purchase this Report:https://www.delvens.com/checkout/electronic-shelf-labels-market sales@delvens.com www.delvens.com
Key Findings The 7 to 10 inches segment is anticipated to experience the highest CAGR in the electronic shelf labels market during the forecast period, owing to its excellent visibility and flexibility. These displays provide an ideal balance between compact design and ample display area, making them versatile for various retail applications. The growing trend towards digital shelf technologies and the adoption of smart retail practices are driving the demand for mid-sized ESDs. These displays can incorporate advanced features such as wireless connectivity, integration with inventory management systems, and the use of e-paper or LCD technology, boosting their efficiency and profitability. The Fully Graphic E-paper display type is projected to experience rapid growth during the forecast period. These displays, with their paper-like appearance and low power consumption, outperform traditional LCD and LED technologies. They provide superior performance compared to segmented or partial graphic e-paper displays and are capable of showing detailed graphics, animations, and high-resolution images. Their energy efficiency and ability to retain images without a continuous power supply make them ideal for devices that prioritize power conservation. Their ability to display dynamic pricing, product details, and promotional content in real time has revolutionized the retail industry, improving stock management and customer engagement. sales@delvens.com www.delvens.com
Key Findings The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Europe region is projected to hold the largest market share. Factors such as increased retail automation, adoption of Industry 4.0 technologies, sustainability trends, real-time information demands, technological advancements, expansion of modern retail formats, improved inventory management, and enhanced customer experiences. have triggered the Electronic Shelf Labels Market in the region. Inquire Before Buying:https://www.delvens.com/Inquire-before-buying/electronic-shelf-labels-market sales@delvens.com www.delvens.com
Competitive Landscape • VusionGroup • Solum • Pricer AB • Displaydata • Teraoka Seiko Co., Ltd. • M2Comm • Opticon • Partron ESL • Shanghai Sunmi Technology Co., Ltd. • Hanshow • Dalian Sertag Technology Co., Ltd. • Minewtag • Labelnest • Digety • Zkong Networks • Tronitag GmbH • Yalatech • SSSIND sales@delvens.com www.delvens.com
Recent Developments In October 2024, Pricer’s partner JRTECH Solutions entered into an agreement with Associated Grocers, Inc., a leading grocery wholesaler, to adopt electronic shelf labels in Canadian retail stores. In September 2024, VusionGroup teamed up with Médiaperformances, a prominent player in retail media, to revolutionize in-store retail media experiences. The partnership aims to develop a SaaS platform that integrates IoT solutions for managing and distributing in-store campaigns. In February 2024, Pricer partnered with PaperShell to make strides in the electronics industry. Their collaboration focuses on creating ESX Electronic Shelf Labels made entirely from bio-based materials, free of fossil components. This initiative is part of a broader effort to define sustainability in the electronics sector. In January 2024, VusionGroup launched a new generative AI application in physical commerce marketing, marking a significant step forward in applying artificial intelligence to physical retail spaces. This launch is part of a larger trend where generative AI is transforming how businesses interact with consumers and streamline operations. Also, in January 2024, Displaydata Ltd. formed a partnership with Ligna Energy to revolutionize retail technology with future smart ESL solutions. sales@delvens.com www.delvens.com
Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-3290-6466 +1 214-377-1144 sales@delvens.com sales@delvens.com www.delvens.com