Electronic Shelf Label Market Key Players are: E Ink Corp., LG Innotek, Wincor Nixdorf, Displaydata, M2Communication, Altierre, CEST, and SoluM
Segmented e-paper ESL demand will be impacted by inherent limitations of aesthetics, limited color displays and low degree of consumer attraction. This is forecast to be the offset by the favorable electronic shelf label market price trend for this displa
(EMAILWIRE.COM, August 03, 2018 ) Market Overview:-
Electronic Shelf Label Market to register gains at over 18% CAGR from 2016 to 2024. Increasing demand for retail automation products will drive industry revenue. Rising applications of these labels across numerous retail sectors, such as supermarkets, hypermarkets, non-food retail stores, and other small kiosks to replace conventional paper is expected to drive the industry demand.
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Electronic shelf labels are integrated with several technologies to enable and expand their usability in the retail stores. These assist users in enhancing sales, strategizing product pricing, and providing a better customer experience. Increasing population across the globe has supplemented to the availability of labor force. Slow rates of increasing labor wages are also likely to hinder the adoption rates of digital and automated products, such as ESL systems over the next few years.
Top Key Players:-
The ESL market is fairly consolidated with few players dominating the overall share. Some of the key players include SES-Imagotag, Pricer AB, Solu-M, E Ink Corp., Altierre, LG Innotek, Displaydata, M2Communication, Wincor Nixdorf, etc. The players are focusing on mergers and acquisitions for growth.
Market share calculation in this report is not done based on companies covered in it. The calculation of ESL market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
Stringent government norms for the protection of consumers against misleading product prices will favor the industry growth. S.I. No. 639 of 2002 European Communities (Requirements to Indicate Product Prices) Regulations has defined rules for licensed premises, restaurants, cafes, hotels, etc. in Europe. These rules state the obligation for display of prices to be marked or displayed on shelves to be inclusive of all the factors. Similar directives in several other regions are likely to favor the electronic shelf label market size.
LCD electronic shelf label market led the global revenue in 2015 due to rising demand in Asia Pacific and MEA. Full graphic e-paper product demand is set to witness rapid growth and led the global sales in 2015. In addition to lower power consumption, these products also have multi-color display.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1136
Partial Chapter of the Table of Content
Chapter 3. Electronic Shelf Label Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2012 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.4. Technology & innovation landscape
3.5. Retail industry landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. EU
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Rising applicability due to the real-time product positioning
3.7.1.2. High ROI and rising demands for retail automation
3.7.1.3. Precise product pricing norms in developed countries
3.7.2. Industry pitfalls & challenges
3.7.2.1. High initial investment
3.7.2.2. Low labor wages and lack of skilled labor force
3.8. Growth potential analysis
3.8.1. Business models
3.9. Porter's analysis
3.10. Company market share analysis, 2015
3.10.1. Strategy dashboard
3.11. PESTEL analysis
Browse Full Report @ https://www.gminsights.com/industry-analysis/electronic-shelf-label-esl-market
Emergence of interactive stores will be an opportunity for the electronic shelf label market participants. The real time positioning of the products will enable such interactive stores. These stores will enhance the customer experience and will improve the functionality and profitability of retail outlets.
Regulations regarding consumer protection by various authorities across the globe have laid down guidelines for informing the price of the product to the consumer, which will drive the ESL market. Electrical and electronic waste generated at different stages of the life cycle of an equipment is recognized as a critical issue across the globe owing to its impact on the environment and humans. To overcome this, different regulatory bodies, such as ROHS and WEEE EU have developed directives to tackle the issue. ESL market manufacturers along with other electronic industrial segments are mandated to increasingly invest for the compliance to these regulations.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Electronic Shelf Label Market to register gains at over 18% CAGR from 2016 to 2024. Increasing demand for retail automation products will drive industry revenue. Rising applications of these labels across numerous retail sectors, such as supermarkets, hypermarkets, non-food retail stores, and other small kiosks to replace conventional paper is expected to drive the industry demand.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1136
Electronic shelf labels are integrated with several technologies to enable and expand their usability in the retail stores. These assist users in enhancing sales, strategizing product pricing, and providing a better customer experience. Increasing population across the globe has supplemented to the availability of labor force. Slow rates of increasing labor wages are also likely to hinder the adoption rates of digital and automated products, such as ESL systems over the next few years.
Top Key Players:-
The ESL market is fairly consolidated with few players dominating the overall share. Some of the key players include SES-Imagotag, Pricer AB, Solu-M, E Ink Corp., Altierre, LG Innotek, Displaydata, M2Communication, Wincor Nixdorf, etc. The players are focusing on mergers and acquisitions for growth.
Market share calculation in this report is not done based on companies covered in it. The calculation of ESL market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentations: -
Stringent government norms for the protection of consumers against misleading product prices will favor the industry growth. S.I. No. 639 of 2002 European Communities (Requirements to Indicate Product Prices) Regulations has defined rules for licensed premises, restaurants, cafes, hotels, etc. in Europe. These rules state the obligation for display of prices to be marked or displayed on shelves to be inclusive of all the factors. Similar directives in several other regions are likely to favor the electronic shelf label market size.
LCD electronic shelf label market led the global revenue in 2015 due to rising demand in Asia Pacific and MEA. Full graphic e-paper product demand is set to witness rapid growth and led the global sales in 2015. In addition to lower power consumption, these products also have multi-color display.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1136
Partial Chapter of the Table of Content
Chapter 3. Electronic Shelf Label Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2012 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distribution channel analysis
3.4. Technology & innovation landscape
3.5. Retail industry landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. EU
3.7. Industry impact forces
3.7.1. Growth drivers
3.7.1.1. Rising applicability due to the real-time product positioning
3.7.1.2. High ROI and rising demands for retail automation
3.7.1.3. Precise product pricing norms in developed countries
3.7.2. Industry pitfalls & challenges
3.7.2.1. High initial investment
3.7.2.2. Low labor wages and lack of skilled labor force
3.8. Growth potential analysis
3.8.1. Business models
3.9. Porter's analysis
3.10. Company market share analysis, 2015
3.10.1. Strategy dashboard
3.11. PESTEL analysis
Browse Full Report @ https://www.gminsights.com/industry-analysis/electronic-shelf-label-esl-market
Emergence of interactive stores will be an opportunity for the electronic shelf label market participants. The real time positioning of the products will enable such interactive stores. These stores will enhance the customer experience and will improve the functionality and profitability of retail outlets.
Regulations regarding consumer protection by various authorities across the globe have laid down guidelines for informing the price of the product to the consumer, which will drive the ESL market. Electrical and electronic waste generated at different stages of the life cycle of an equipment is recognized as a critical issue across the globe owing to its impact on the environment and humans. To overcome this, different regulatory bodies, such as ROHS and WEEE EU have developed directives to tackle the issue. ESL market manufacturers along with other electronic industrial segments are mandated to increasingly invest for the compliance to these regulations.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results