Electronic Shelf Label Market 2023 Opportunities and Key Players To 2030 - Altieer Corporation, Clearing Display, Diebold Nixdorf

As per the report published by The Brainy Insights, the electronic shelf label is expected to grow from USD 1.3 billion in 2022 to USD 4.6 billion by 2032, at a CAGR of 13.70% during the forecast period 023-2032. Europe region emerged as the largest market for the electronic shelf label with a 37.2% share of the market revenue in 2022. Europe currently dominates the electronic shelf label market due to Europe has been an early adopter of electronic shelf labels for retail and industrial use. Similarly, various key market players contributing to ESL and the increasing labour prices in the region contribute to market development. Retailers in Europe are broadly concentrating on operating automated retail solutions such as electronic shelf labels to significantly reduce operational costs in their stores. Likewise, Italy is also predicted to hold a leading position in the Europe region. The rules by the Italian government are expected to boost sales across the region. For example, the parliament of French has achieved a French Consumer Code (FCC) that displays product prices transparent and clearly to the customers, incorporating postal and delivery charges.

Get Sample Report + All Related Graphs & Charts @ https://www.thebrainyinsights.com/enquiry/sample-request/13489

Electronic Shelf Label Market Size by Product Type (Segmented E-Paper, Full-Graphic E-Paper, and LCD), Component (Batteries, Transceiver, Displays, Microprocessors, and Others), Application (Supermarkets, Non-Food Retail Stores, Hypermarkets, Specialty Stores, and Others) Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2023 to 2032

Leading companies in the industry include Altieer Corporation, Clearing Display, Diebold Nixdorf, Displaydata Limited, E Ink Holdings Incorporation, NCR Corporation, Panasonic Corporation, Pricer, Samsung Electro-Mechanics, and SES-imagotag, among others which are offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.

The product type segment is divided into Segmented E-Paper, Full-Graphic E-Paper, and LCD. The LCD segment dominated the market, with a market share of around 39% in 2022. The component segment is divided into batteries, transceiver, displays, microprocessors, and others. The display segment dominated the market, with a market share of around 25% in 2022. The application segment is divided into supermarkets, non-food retail stores, hypermarkets, specialty stores, and others. The hypermarket segment dominated the market, with a market share of around 17% in 2022.

Read Complete Report @ https://www.thebrainyinsights.com/report/electronic-shelf-label-market-13489

With rising e-commerce industry leaders executing advanced technology at distribution centres, the industry will grow over the projected years. Due to the coronavirus outbreak, several companies elevated their storefronts by using automated technology. Due to the employment of Electronic Shelf labels, merchants were permitted to decrease their operational costs, labour charges, and labour time. Further, due to substantial growth in automation technologies and the continued reduction in the price of electronic goods, the need for ESLs has risen post-coronavirus. It is anticipated to experience growth over the projection years.

Contact Us

Avinash D

Head of Business Development

Phone: +1-315-215-1633

Email: sales@thebrainyinsights.com

Web: www.thebrainyinsights.com

About The Brainy Insights:

The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.

This release was published on openPR.