Electronic Shelf Label Market in full graphic e-paper segment to grow at 19% CAGR from 2016 to 2024
More Information @ http://bit.ly/2jTaL51 Full graphic e-paper electronic shelf label (ESL) market is expected to grow over at 19% CAGR through 2024, and remain the leading segment over the coming years. This can be attributed to its low power consumption, multi-color displays, wide ranged visibility and integration of additional features.
More Information @ http://bit.ly/2jTaL51
Full graphic e-paper electronic shelf label (ESL) market is expected to grow over at 19% CAGR through 2024, and remain the leading segment over the coming years. This can be attributed to its low power consumption, multi-color displays, wide ranged visibility and integration of additional features.
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Global ESL <strong>Market</strong> share forecast <strong>to</strong> <strong>grow</strong> <strong>at</strong> 18% <strong>CAGR</strong> <strong>from</strong><br />
<strong>2016</strong> <strong>to</strong> <strong>2024</strong>: Frac<strong>to</strong>via.org<br />
Asia Pacific <strong>Electronic</strong> <strong>Shelf</strong> <strong>Label</strong> Industry is likely <strong>to</strong> be a lucr<strong>at</strong>ive ground for this<br />
market with cost-effective oper<strong>at</strong>ions, <strong>grow</strong><strong>in</strong>g potential for startups, and huge<br />
development opportunities <strong>in</strong> the region. These fac<strong>to</strong>rs have contributed significantly<br />
<strong>to</strong>ward APAC be<strong>in</strong>g the region exhibit<strong>in</strong>g the highest <strong>grow</strong>th. U.S. ESL <strong>in</strong>dustry is<br />
foreseen <strong>to</strong> <strong>grow</strong> <strong>at</strong> an annual r<strong>at</strong>e of 18%, ow<strong>in</strong>g <strong>to</strong> significant expansion of the retail<br />
<strong>in</strong>dustry <strong>in</strong> the region.<br />
A forecast by Global <strong>Market</strong> Insights, Inc., st<strong>at</strong>ed th<strong>at</strong> “<strong>Electronic</strong> shelf label market is<br />
anticip<strong>at</strong>ed <strong>to</strong> witness a <strong>CAGR</strong> of 18% over the period of <strong>2016</strong>-<strong>2024</strong>.” Ris<strong>in</strong>g<br />
deployment of au<strong>to</strong>m<strong>at</strong>ion <strong>in</strong> retail sec<strong>to</strong>r and the <strong>grow</strong><strong>in</strong>g reach of <strong>in</strong>ternet and<br />
smartphones is one of the major fac<strong>to</strong>r driv<strong>in</strong>g the <strong>in</strong>dustry <strong>grow</strong>th. In addition,<br />
regula<strong>to</strong>ry norms regard<strong>in</strong>g consumer rights for transparency <strong>in</strong> product pric<strong>in</strong>g will<br />
further provide a boost <strong>to</strong> this market.<br />
In a world where consumers have myriad choices when onl<strong>in</strong>e shopp<strong>in</strong>g is concerned,<br />
electronic shelf label market is also establish<strong>in</strong>g its mark <strong>to</strong> connect with the chang<strong>in</strong>g<br />
consumer preferences. These digital tags are help<strong>in</strong>g the retailers <strong>to</strong> provide an ultraefficient<br />
s<strong>to</strong>re experience and real time product position<strong>in</strong>g for the consumers. Thus,<br />
the development of <strong>in</strong>teractive <strong>in</strong>-s<strong>to</strong>re environments has <strong>in</strong> turn, driven electronic<br />
shelf label <strong>in</strong>dustry <strong>to</strong> record a revenue worth USD 270 million <strong>in</strong> 2015.<br />
Paper labels are currently be<strong>in</strong>g replaced by the digital tags for the efficient<br />
management of frequent price changes. These conventional labels can be replaced<br />
with <strong>full</strong> <strong>graphic</strong> e-<strong>paper</strong>, <strong>segment</strong>ed e-<strong>paper</strong>, or LCDs. Full <strong>graphic</strong> e-<strong>paper</strong> ESL<br />
market is projected <strong>to</strong> be the dom<strong>in</strong><strong>at</strong><strong>in</strong>g <strong>segment</strong> and is expected <strong>to</strong> <strong>grow</strong> <strong>at</strong> an annual<br />
r<strong>at</strong>e of <strong>19%</strong> over the period of <strong>2016</strong>-<strong>2024</strong>. LCD product <strong>segment</strong> hav<strong>in</strong>g had 40% of<br />
overall ELS <strong>in</strong>dustry share, is ga<strong>in</strong><strong>in</strong>g heavy momentum <strong>in</strong> MEA and APAC, as these<br />
regions are quite price sensitive.<br />
These advanced labels are <strong>in</strong>corpor<strong>at</strong>ed with real time bi-directional responsive<br />
systems, flash capability, merchandis<strong>in</strong>g accessories, <strong>in</strong>door mapp<strong>in</strong>g, and navig<strong>at</strong>ion<br />
systems. Radio frequency (RF) and Infrared are the two-technological bifurc<strong>at</strong>ions <strong>in</strong><br />
electronic shelf label market. RF communic<strong>at</strong>ion occupied over 50% of the overall<br />
market, while IR communic<strong>at</strong>ion accounted for more than 40% of ESL <strong>in</strong>dustry <strong>in</strong> 2015.<br />
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Europe <strong>Electronic</strong> <strong>Shelf</strong> <strong>Label</strong> <strong>Market</strong> size, by product, 2012-<strong>2024</strong> (USD Million)<br />
Fac<strong>to</strong>rs associ<strong>at</strong>ed with electronic shelf labels such as better price visibility, optimized<br />
pric<strong>in</strong>g errors, and promotional capabilities have gre<strong>at</strong>ly <strong>in</strong>fluenced the penetr<strong>at</strong>ion of<br />
ESL systems <strong>in</strong> supermarkets and hypermarkets. <strong>Electronic</strong> shelf label market <strong>from</strong><br />
non-food retail s<strong>to</strong>re applic<strong>at</strong>ions (<strong>in</strong>clud<strong>in</strong>g footwear, jewelry, cosmetics, electronics<br />
appliances, and others) is anticip<strong>at</strong>ed <strong>to</strong> surpass USD 200 million by <strong>2024</strong>.<br />
Hypermarkets & supermarkets also exhibit high <strong>grow</strong>th prospects <strong>in</strong> the future.<br />
Supermarkets are foreseen <strong>to</strong> capture over 30% of overall electronic shelf label market<br />
share by <strong>2024</strong>.<br />
Major players are adopt<strong>in</strong>g mergers & acquisitions and product <strong>in</strong>nov<strong>at</strong>ions as their<br />
key str<strong>at</strong>egies. Notable <strong>in</strong>dustry participants <strong>in</strong>clude E Ink Corpor<strong>at</strong>ion, Altierre, W<strong>in</strong>cor<br />
Nixdorf, Pricer AB, Displayd<strong>at</strong>a, and SES Imagotag.<br />
Table of Content of <strong>Electronic</strong> <strong>Shelf</strong> <strong>Label</strong> <strong>Market</strong>:<br />
Chapter 1. Methodology and Scope<br />
1.1. Research Methodology<br />
1.1.1. Initial d<strong>at</strong>a explor<strong>at</strong>ion<br />
1.1.2. St<strong>at</strong>istical model and forecast<br />
1.1.3. Industry <strong>in</strong>sights and valid<strong>at</strong>ion<br />
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1.1.4. Research scope and assumptions<br />
1.2. List of D<strong>at</strong>a Sources<br />
1.2.1. Primary sources<br />
1.2.2. Secondary sources<br />
Chapter 2.<br />
Executive Summary<br />
2.1. <strong>Electronic</strong> shelf label <strong>in</strong>dustry 360 0 synopsis, 2012 - <strong>2024</strong><br />
2.1.1. Bus<strong>in</strong>ess trends<br />
2.1.2. Regional trends<br />
2.1.3. Product trends<br />
2.1.4. Communic<strong>at</strong>ion technology trends<br />
2.1.5. S<strong>to</strong>re trends<br />
Chapter 3.<br />
<strong>Electronic</strong> <strong>Shelf</strong> <strong>Label</strong> Industry Insights<br />
3.1. Industry <strong>segment</strong><strong>at</strong>ion<br />
3.2. Industry size and forecast, 2012 - <strong>2024</strong><br />
3.3. Industry ecosystem analysis<br />
3.3.1. Vendor m<strong>at</strong>rix<br />
3.3.2. Distribution channel analysis<br />
3.4. Technology & <strong>in</strong>nov<strong>at</strong>ion landscape<br />
3.5. Retail <strong>in</strong>dustry landscape<br />
3.5.1. North America<br />
3.5.2. Europe<br />
3.5.3. Asia Pacific<br />
3.5.4. L<strong>at</strong><strong>in</strong> America<br />
3.5.5. MEA<br />
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3.6. Regula<strong>to</strong>ry landscape<br />
3.6.1. U.S.<br />
3.6.2. EU<br />
3.7. Industry impact forces<br />
3.7.1. Growth drivers<br />
3.7.1.1. Ris<strong>in</strong>g applicability due <strong>to</strong> the real-time product<br />
position<strong>in</strong>g<br />
3.7.1.2. High ROI and ris<strong>in</strong>g demands for retail au<strong>to</strong>m<strong>at</strong>ion<br />
3.7.1.3. Precise product pric<strong>in</strong>g norms <strong>in</strong> developed countries<br />
3.7.2. Industry pitfalls & challenges<br />
3.7.2.1. High <strong>in</strong>itial <strong>in</strong>vestment<br />
3.7.2.2. Low labor wages and lack of skilled labor force<br />
3.8. Growth opportunity benchmark<strong>in</strong>g<br />
3.8.1. Bus<strong>in</strong>ess models<br />
3.9. Porter's analysis<br />
3.10. Company market share analysis, 2015<br />
3.10.1. Str<strong>at</strong>egy dashboard<br />
3.11. PESTEL analysis<br />
Browse key <strong>in</strong>dustry <strong>in</strong>sights spread across 90 pages with 93 market d<strong>at</strong>a tables & 68<br />
figures & charts <strong>from</strong> the report <strong>Electronic</strong> <strong>Shelf</strong> <strong>Label</strong> (ESL) <strong>Market</strong> <strong>in</strong> detail along<br />
with the table of contents:<br />
https://www.gm<strong>in</strong>sights.com/<strong>in</strong>dustry-analysis/electronic-shelf-label-esl-market<br />
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