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Electronic Shelf Label Market By Product Type (LCD ESL, Segmented E-Paper ESL, Full Graphic E-Paper ESL), By Communication Technology (Radio Frequency, Near Field Communication, Infrared, Others), By Application (Hypermarkets, Supermarkets, Non-Food Retail Stores, Specialty Stores, Others) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

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Market Inshights

Increasing Automation Across Retail Sector is Driving the Growth of Electronic Shelf Label Market

Globally, the electronic shelf label (ESL) market is expected to grow with a CAGR of 16.8% during the forecast period from 2019 to 2027, starting from US$ 450.5 mn in 2018. The market is propelled by the growing adoption of automation across the retail sector. The retail sector is going through a phase of digital disruption. The emergence of online shopping portals has led to an intensive competitive war among retailers. Therefore, to compete with online retailers, offline retailers leverage advanced technology solutions and automate their operations to enhance business performance and gain efficiency. This is acting as a major driver for the growth of the market.

The growing demand for omnichannel pricing and streamlining business operations is also accelerating the adoption of the electronic shelf-label market. The electronic shelf label enables retailers to implement omnichannel and dynamic pricing, as it mitigates the labor input by eliminating manual operation. However, the high installation cost is a major inhibitor to the market’s growth.

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Market Synopsis

Full Graphic E-Paper ESL is Estimated to Grow Significantly During the Forecast Period  

The electronic shelf label market is bifurcated based on the product into LCD ESL, segmented e-paper ESL, and full-graphic e-paper ESL. The LCD ESL accounted for more than a 52% share in the electronic shelf-label market in 2018. The growth of the market is driven by the increasing adoption of the in-store advanced solution across retailers. On the other hand, full graphic e-paper ESL is projected to grow significantly during the forecast period. The growing demand among retailers to enhance customer engagement and in-store communication is a major factor driving the market growth.

North America is Leading the Electronic Shelf Label Market 

North America accounted for over 37% of the electronic shelf-label market in 2018. The increasing adoption of the advanced solution among retailers in the region is the primary factor driving the market growth. In addition, the increasing investment by venture capitalists in retail tech is also driving the market growth. Moreover, the presence of major retail companies such as Walmart and Amazon is supporting the market growth.

The electronic shelf label market vendors are Displaydata, Diebold Nixdorf, E Ink Holdings, SES-image tag, NZ Electronic Shelf Labelling, M2Communication, Opticon Sensors Europe, Samsung Electro-Mechanics, Pricer, and Teraoka Seiko.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

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Report Scope by Segments

The electronic shelf label market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global electronic shelf label market based on product, communication technology, application, and geography.

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global ESL Market
2.1.1 Global ESL Market, by Product Type, 2018 (US$ Mn)
2.1.2 Global ESL Market, by Communication Technology, 2018 (US$ Mn)
2.1.3 Global ESL Market, by Application, 2018 (US$ Mn)
2.1.4 Global ESL Market, by Geography, 2018 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key ESL Vendors, 2018

Chapter 4 Global Electronic Shelf Label (ESL) Market, By Product Type
4.1 Overview
4.1.1 Global ESL Market Value Share, by Product Type, 2018 & 2027 (Value, %)
4.2 LCD ESL
4.2.1 Global ESL Market Value from LCD ESL, 2017 – 2027(US$ Mn)
4.3 Segmented E-Paper ESL
4.3.1 Global ESL Market Value from Segmented E-Paper ESL, 2017 – 2027(US$ Mn)
4.4 Full Graphic E-Paper ESL
4.4.1 Global ESL Market Value from Full Graphic E-Paper ESL, 2017 – 2027(US$ Mn)

Chapter 5 Global Electronic Shelf Label (ESL) Market, by Communication Technology
5.1 Overview
5.1.1 Global ESL Market Value Share, by Communication Technology, 2018 & 2027 (Value, %)
5.2 Radio Frequency (RF)
5.2.1 Global ESL Market Value from Radio Frequency (RF), 2017 – 2027(US$ Mn)
5.3 Near Field Communication (NFC)
5.3.1 Global ESL Market Value from Near Field Communication NFC), 2017 – 2027(US$ Mn)
5.4 Infrared (IR)
5.4.1 Global ESL Market Value from Infrared (IR), 2017 – 2027(US$ Mn)
5.5 Others
5.5.1 Global ESL Market Value from Others, 2017 – 2027(US$ Mn)

Chapter 6 Global Electronic Shelf Label (ESL) Market, by Application
6.1 Overview
6.1.1 Global ESL Market Value Share, by Application, 2018 & 2027 (Value, %)
6.2 Hypermarkets
6.2.1 Global ESL Market Value from Hypermarkets, 2017 – 2027(US$ Mn)
6.3 Supermarkets
6.3.1 Global ESL Market Value from Supermarkets, 2017 – 2027(US$ Mn)
6.4 Non-Food Retail Stores
6.4.1 Global ESL Market Value from Non-Food Retail Stores, 2017 – 2027(US$ Mn)
6.5 Specialty Stores
6.5.1 Global ESL Market Value from Specialty Stores, 2017 – 2027(US$ Mn)
6.6 Others
6.6.1 Global ESL Market Value from Others, 2017 – 2027(US$ Mn)

Chapter 7 North America Electronic Shelf Label (ESL) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 North America ESL Market Analysis, by Product Type, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 North America ESL Market Analysis, by Communication Technology, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.4 North America ESL Market Analysis, by Application, 2017 – 2027 (US$ Mn)
7.4.1 Market Analysis
7.5 North America ESL Market, by Country, 2017 – 2027 (US$ Mn)
7.5.1 Market Analysis
7.5.2 U.S.
7.5.2.1 U.S. ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
7.5.2.2 U.S. ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
7.5.2.3 U.S. ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
7.5.3 Canada
7.5.3.1 Canada ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
7.5.3.2 Canada ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
7.5.3.3 Canada ESL Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 8 Europe Electronic Shelf Label (ESL) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Europe ESL Market Analysis, by Product Type, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 Europe ESL Market Analysis, by Communication Technology, 2017 – 2027 (US$ Mn)
8.3.1 Market Analysis
8.4 Europe ESL Market Analysis, by Application, 2017 – 2027 (US$ Mn)
8.4.1 Market Analysis
8.5 Europe ESL Market, by Country, 2017 – 2027 (US$ Mn)
8.5.1 Market Analysis
8.5.2 U.K.
8.5.2.1 U.K. ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
8.5.2.2 U.K. ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
8.5.2.3 U.K. ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.3 Germany
8.5.3.1 Germany ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
8.5.3.2 Germany ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
8.5.3.3 Germany ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.4 France
8.5.4.1 France ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
8.5.4.2 France ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
8.5.4.3 France ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.5 Rest of Europe
8.5.5.1 Rest of Europe ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
8.5.5.2 Rest of Europe ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
8.5.5.3 Rest of Europe ESL Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 9 Asia Pacific Electronic Shelf Label (ESL) Market Analysis, 2017 – 2027 (US$ Mn)
9.1 Overview
9.2 Asia Pacific ESL Market Analysis, by Product Type, 2017 – 2027 (US$ Mn)
9.2.1 Market Analysis
9.3 Asia Pacific ESL Market Analysis, by Communication Technology, 2017 – 2027 (US$ Mn)
9.3.1 Market Analysis
9.4 Asia Pacific ESL Market Analysis, by Application, 2017 – 2027 (US$ Mn)
9.4.1 Market Analysis
9.5 Asia Pacific ESL Market, by Country, 2017 – 2027 (US$ Mn)
9.5.1 Market Analysis
9.5.2 China
9.5.2.1 China ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
9.5.2.2 China ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
9.5.2.3 China ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.3 Japan
9.5.3.1 Japan ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
9.5.3.2 Japan ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
9.5.3.3 Japan ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.4 India
9.5.4.1 India ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
9.5.4.2 India ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
9.5.4.3 India ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.5 Rest of Asia Pacific
9.5.5.1 Rest of Asia Pacific ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
9.5.5.2 Rest of Asia Pacific ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
9.5.5.3 Rest of Asia Pacific ESL Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 10 Rest of the World (RoW) Electronic Shelf Label (ESL) Market Analysis, 2017 – 2027 (US$ Mn)
10.1 Overview
10.2 RoW ESL Market Analysis, by Product Type, 2017 – 2027 (US$ Mn)
10.2.1 Market Analysis
10.3 RoW ESL Market Analysis, by Communication Technology, 2017 – 2027 (US$ Mn)
10.3.1 Market Analysis
10.4 RoW ESL Market Analysis, by Application, 2017 – 2027 (US$ Mn)
10.4.1 Market Analysis
10.5 RoW ESL Market, by Country, 2017 – 2027 (US$ Mn)
10.5.1 Market Analysis
10.6 RoW ESL Market, by Country (US$ Mn)
10.6.1 Market Analysis
10.6.2 Middle East & Africa (MEA)
10.6.2.1 MEA ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
10.6.2.2 MEA ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
10.6.2.3 MEA ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
10.6.3 Latin America
10.6.3.1 Latin America ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
10.6.3.2 Latin America ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
10.6.3.3 Latin America ESL Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 11 Company Profiles
11.1 Diebold Nixdorf
11.2 DisplayData
11.3 E Ink Holdings
11.4 M2Communication
11.5 NZ ESLling
11.6 Opticon Sensors Europe
11.7 Pricer
11.8 Samsung Electro-Mechanics
11.9 SES Imagotag
11.10 Teraoka Seiko

List of Figures

FIG. 1 Global Electronic Shelf Label (ESL) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global ESL Market Segmentation
FIG. 4 Global ESL Market, by Product Type, 2018 (US$ Mn)
FIG. 5 Global ESL Market, by Communication Technology, 2018 (US$ Mn)
FIG. 6 Global ESL Market, by Application, 2018 (US$ Mn)
FIG. 7 Global ESL Market, by Geography, 2018 (US$ Mn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Market Positioning of Key ESL Vendors, 2018
FIG. 10 Global ESL Market Value Share, by Product Type, 2018 & 2027 (Value, %)
FIG. 11 Global ESL Market Value from LCD ESL, 2017 – 2027(US$ Mn)
FIG. 12 Global ESL Market Value from Segmented E-Paper ESL, 2017 – 2027(US$ Mn)
FIG. 13 Global ESL Market Value from Full Graphic E-Paper ESL, 2017 – 2027(US$ Mn)
FIG. 14 Global ESL Market Value Share, by Communication Technology, 2018 & 2027 (Value, %)
FIG. 15 Global ESL Market Value from Radio Frequency (RF) Technology, 2017 – 2027(US$ Mn)
FIG. 16 Global ESL Market Value from Near Field Communication (NFC), 2017 – 2027(US$ Mn)
FIG. 17 Global ESL Market Value from Infrared (IR), 2017 – 2027(US$ Mn)
FIG. 18 Global ESL Market Value from Others, 2017 – 2027(US$ Mn)
FIG. 19 Global ESL Market Value Share, by Application, 2018 & 2027 (Value, %)
FIG. 20 Global ESL Market Value from Hypermarkets, 2017 – 2027(US$ Mn)
FIG. 21 Global ESL Market Value from Supermarkets, 2017 – 2027(US$ Mn)
FIG. 22 Global ESL Market Value from Non-Food Retail Stores, 2017 – 2027(US$ Mn)
FIG. 23 Global ESL Market Value from Specialty Stores, 2017 – 2027(US$ Mn)
FIG. 24 Global ESL Market Value from Others, 2017 – 2027(US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Electronic Shelf Label (ESL) Market Value
TABLE 2 North America ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
TABLE 3 North America ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
TABLE 4 North America ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 5 North America ESL Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 6 U.S. ESL Market Value, by Product Type 2017– 2027 (US$ Mn)
TABLE 7 U.S. ESL Market Value, by Communication Technology 2017– 2027 (US$ Mn)
TABLE 8 U.S. ESL Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 9 Canada ESL Market Value, by Product Type 2017– 2027 (US$ Mn)
TABLE 10 Canada ESL Market Value, by Communication Technology 2017– 2027 (US$ Mn)
TABLE 11 Canada ESL Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 12 Europe ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
TABLE 13 Europe ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
TABLE 14 Europe ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 15 Europe ESL Market Value, by Country, 2017 – 2027 (US$ Mn)
TABLE 16 U.K. ESL Market Value, by Product Type 2017 – 2027 (US$ Mn)
TABLE 17 U.K. ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
TABLE 18 U.K. ESL Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 19 Germany ESL Market Value, by Product Type, 2017– 2027 (US$ Mn)
TABLE 20 Germany ESL Market Value, by Communication Technology 2017 – 2027 (US$ Mn)
TABLE 21 Germany ESL Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 22 France ESL Market Value, by Product Type 2017– 2027 (US$ Mn)
TABLE 23 France ESL Market Value, by Communication Technology 2017– 2027 (US$ Mn)
TABLE 24 France ESL Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 25 Rest of Europe ESL Market Value, by Product Type 2017 – 2027 (US$ Mn)
TABLE 26 Rest of Europe ESL Market Value, by Communication Technology 2017 – 2027 (US$ Mn)
TABLE 27 Rest of Europe ESL Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 28 Asia Pacific ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
TABLE 29 Asia Pacific ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
TABLE 30 Asia Pacific ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 31 Asia Pacific ESL Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 32 China ESL Market Value, by Product Type 2017 – 2027 (US$ Mn)
TABLE 33 China ESL Market Value, by Communication Technology 2017 – 2027 (US$ Mn)
TABLE 34 China ESL Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 35 Japan ESL Market Value, by Product Type 2017 – 2027 (US$ Mn)
TABLE 36 Japan ESL Market Value, by Communication Technology 2017 – 2027 (US$ Mn)
TABLE 37 Japan ESL Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 38 India ESL Market Value, by Product Type 2017 – 2027 (US$ Mn)
TABLE 39 India ESL Market Value, by Communication Technology 2017 – 2027 (US$ Mn)
TABLE 40 India ESL Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 41 Rest of Asia Pacific ESL Market Value, by Product Type 2017 – 2027 (US$ Mn)
TABLE 42 Rest of Asia Pacific ESL Market Value, by Communication Technology 2017 – 2027 (US$ Mn)
TABLE 43 Rest of Asia Pacific ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 44 RoW ESL Market Value, by Product Type, 2017 – 2027 (US$ Mn)
TABLE 45 RoW ESL Market Value, by Communication Technology, 2017 – 2027 (US$ Mn)
TABLE 46 RoW ESL Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 47 RoW ESL Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 48 RoW ESL Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 49 MEA ESL Market Value, by Product Type 2017 – 2027 (US$ Mn)
TABLE 50 MEA ESL Market Value, by Communication Technology – 2027 (US$ Mn)
TABLE 51 MEA ESL Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 52 Latin America ESL Market Value, by Product Type – 2027 (US$ Mn)
TABLE 53 Latin America ESL Market Value, by Communication Technology – 2027 (US$ Mn)
TABLE 54 Latin America ESL Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 55 Diebold Nixdorf: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 56 DisplayData: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 57 E Ink Holdings: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 58 M2Communication: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 59 NZ ESLling: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 60 Opticon Sensors Europe: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 61 Pricer: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 62 Samsung Electro-Mechanics: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 63 SES Imagotag: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 64 Teraoka Seiko: Company Snapshot (Business Description; Product Type Portfolio; Financial Information; Business Overview and Recent Development)

Frequently Asked Questions

What is the size of Electronic Shelf Label Market?

The market for Electronic Shelf Label is expected to reach USD XX Mn by 2027.

What is the Electronic Shelf Label Market CAGR?

The Electronic Shelf Label market is expected to see significant CAGR growth over the coming years, at 16.8%.

What is the Forecast period considered for Electronic Shelf Label Market?

The report is forecasted from 2019-2027.

What is the base year considered for Electronic Shelf Label Market?

The base year of this report is 2018.

Who are the major players in this market?

Diebold Nixdorf, DisplayData, E Ink Holdings, M2Communication, NZ ESLling, Opticon Sensors Europe, Pricer, Samsung Electro-Mechanics are some of the major players in the global market.

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