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Global Electronic Shelf Labels Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

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Global Electronic Shelf Labels Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

Global Electronic Shelf Labels Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast to 2028

  • Published Date: 18 May 2021
  • Report ID: CMFE 0046
  • Pages:198
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

The electronic shelf labels market is anticipated to grow with a CAGR of ~22% over the forecast period of 2019-2028. According to a study published by Insure Insights on the electronic shelf labels market, the rise in the adoption of automation in retail stores, increasing demand for real-time data in retail stores are considered as some of the driving factors for the market growth. Additionally, the advancement in technology of contact lenses and the high adoption of these lenses from the individuals is also boosting the growth of the market.

Top Driver: Rising Business Process Optimization In Retail Sector and Technological Advancement are Driving the Electronic Shelf Labels Market

Electronic shelf labels are devices such as price tags that provide accurate pricing on the display with the help of electronic linkage between the shelves and the checkout system. This technology works based on infra-red,  radio-frequency, and/or WLAN linking a master check-out with the shelves. Further, the expansion of IoT across the industries is such as retail, and others are driving electronic shelf labels (ESLs). Additionally, the requirement of reduction in labor cost and high accuracy are boosting the growth of the market. Therefore, these factors have significantly reduced the risk of human error by ensuring impending pricing compliances. The electronic shelf label helps to fix the price errors in the retail shops, warehouses, and others. The technological revolution and adoption of automation by the retail stores, which includes supermarkets, specialty stores, and hypermarkets are also driving the growth of the market. The ESLs allow retailers to reuse the tags with low maintenance costs. Therefore, these capabilities of the labels effectively accelerate the adoption of ESLs, thereby driving the growth of the market.

 

Near Field Communication (NFC) to Make Crucial Contribution to the Growth of Global Electronic Shelf Labels Market  

Based on the communication technology, the electronic shelf labels market has been segmented as Bluetooth low energy (BLE), near field communication (NFC), others. The near field communication (NFC) segment holds the largest share in the communication technology segment for the electronic shelf labels market due to the adoption of NFC enabled smartphone technology by the individuals. Similarly, the growth of the NFC in the retail sector for electronic shelf labels is also a significant factor driving the growth. This technology allows the users to transact, exchange the data, send a notification to the central systems, and provide real-time information, driving the growth of the market across the globe.

  

Based on end-use, the global electronic shelf labels market has been segmented as hypermarket/ supermarket, non-food retail stores, specialty stores, and others. The hypermarket/ supermarket holds the largest share for the end-use segment. The hypermarket/ supermarket has a large number of products for which the prices are needed to be changed daily based on offers. Therefore, to reduce the manual work and increase the overall accuracy and efficiency of the store electronic shelf labels are used. Furthermore, these labels display the real-time value and offer of the products enabling the consumer to find information easily.

Advancement in Technology in North America is Driving the Market

North America dominates the electronic shelf labels market across the globe due to the presence of both small and big retail stores, across the region. Additionally, focus on technological innovation and automation of retail stores and products is also driving the growth of the market. Furthermore., the presence of retail giants, such as Wal-Mart has been adopting advanced technologies to reduce operation stress and manual work which is contributing to the growth of the market.

Players to Focus on Expanding Applications in the Retail Industry

The global electronic shelf labels market is expected to grow with a high CAGR due to presence of various companies including Pricer,  SES-imagotag, Samsung Electro-Mechanics, E Ink Holdings, Displaydata, M2Communication, Diebold Nixdorf, Opticon Sensors Europe, Teraoka Seiko, NZ Electronic Shelf Labelling,  and others which are developing new advance technologies which are boosting the market growth.

E Ink: In May 2019, the company launched color displays, writing films, and new light transmissive films at SID Display Week 2019 from May 14-16, 2019 in San Jose. These labels were developed for accurately responding to customer traffic patterns.

Scope of the Report

By Type

  • LCD Based
  • E-Paper Based

By Communication Technology

  • Bluetooth Low Energy (BLE)
  • Near Field Communication (NFC)
  • Others

By End-Use

  • Hypermarket/ Supermarket
  • Non-Food Retail Stores
  • Specialty Stores
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Bare Copper Conductor Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Bare Copper Conductor Market -Industry Snapshots

6.1             Overview

6.1.1          Global Bare Copper Conductor Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Bare Copper Conductor Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Bare Copper Conductor Market- By Type

7.2.1          Bare Copper Conductor Market- Soft drawn

7.2.2          Bare Copper Conductor Market- Medium hard drawn

7.2.3          Bare Copper Conductor Market- Hard drawn

Chapter 8           Global Bare Copper Conductor Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Bare Copper Conductor Market- By Application

8.2.1          Bare Copper Conductor Market- Automotive

8.2.2          Bare Copper Conductor Market- Aerospace

8.2.3          Bare Copper Conductor Market- Energy Sectors

8.2.4          Bare Copper Conductor Market- Chemicals

8.2.5          Bare Copper Conductor Market- Electronics

8.2.6          Bare Copper Conductor Market- Others

Chapter 9           Bare Copper Conductor Market Analysis by Region

9.1             Key Findings for Bare Copper Conductor Market- By region

9.2             Overview

9.2.1          Global Bare Copper Conductor Market Analysis, By Type, 2019 – 2028

9.2.2          Global Bare Copper Conductor Market Analysis, By Application, 2019 – 2028

9.3             Bare Copper Conductor Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Type

9.3.6          North America Market, By Application

9.4             Bare Copper Conductor Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Type

9.4.8          Europe Market, By Application

9.5             Bare Copper Conductor Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Type

9.5.7          Asia Pacific Market, By Application

9.6             Bare Copper Conductor Market – SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Type

9.6.6          South America, Middle East and Africa Market, By Application

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Vimlesh Industries

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           Republic Wire

11.3           Eastern Copper

11.4           IWG Copper

11.5           Ganpati Wires

11.6           Perfect Wire Industries

11.7           Chandra Group

11.8           Slimlites Electricals Pvt. Ltd

11.9           Eland Cables

11.10        Jalan Wires

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix

 

 

 

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