Electronic Shelf Label (ESL) Market

2018-2023
Research Report
by
Arizton Advisory & Intelligence

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Electronic Shelf Label Market –
Scope of the Report
Arizton’s recent market research report on the electronic shelf
label (ESL) market provides comprehensive industry analysis,
trend forecasts, and competitive analysis.
The research study segments the market by following
segments
Display
LCD
EPD
OLED

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Electronic Shelf Label Market –
Scope of the Report (Cont..)
 Technology
Vendor Facing (RF And IR)
Customer Facing (BLE And NFC)
 End-users
Supermarkets And Hypermarkets
Departmental Stores
Convenience Stores
Drugstores
Others
 Geography
North America
APAC
Europe
MEA
Latin America
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Electronic Shelf Label Market –
Report Highlights
The ESL market is projected to reach revenues more than
$1,675 million and is expected to grow at a CAGR of over 28%
during 2017-2023.

The vendor facing technology was very popular in the ESL

market producing around 246 million units in 2017 and is
expected to grow at a CAGR of more than 39% during the
forecast period.

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ESL Market –
Report Highlights (cont..)
LCD screens to dominate the global ESL market during 2017-
2023
The LCD segment dominated the market accounting for around
47% of the total market share and is anticipated to grow at a
CAGR of more than 29% during the forecast period.

Supermarkets and hypermarkets to generate the highest

revenues in the global ESL market during the forecast period

Europe to dominate the market share in the global ESL market

during the forecast period

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Electronic Shelf Label Market –
Trends & Drivers
The emergence and prominence of omni-channel and retail
reality
Declining Prices of Micro-displays

Imminent Retail Automation

SKU Proliferation Warranting Need for Smarter Inventory

Management
For more trends, drivers & restraints view report: Electronic
Shelf Label Market – Global Outlook and Forecast 2018-2023

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Electronic Shelf Label Market –
By Technology
 Vendor Facing (RF and infra-red (IR)) technologies are the most
predominately used mode of communication in the ESL market
 RF technology dominated the vendor facing segment occupying
around 90% of the total market share in 2017.

Customer-facing technologies are the fastest growing segment

in the electronic shelf label market at a CAGR of over 48% and
are projected to produce volumes of close to 160 million units
during 2017-2023
NFC segment dominates the customer-facing technologies
accounting for around 45% of the total market share in 2017

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Electronic Shelf Label Market –
By Display
E-paper or electrophoretic displays (EPD) is the fastest
growing segment in the electronic shelf label market at an
exponential CAGR of close to 53% during 2017-2023

The segment is anticipated to produce volumes more than 240

million units during the forecast period

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Electronic Shelf Label Market –
By End-Users
Supermarkets and hypermarkets dominated the ESL market
generating revenues of more than $187 million in 2017 and is
expected to grow at a CAGR of over 27% during the forecast
period.

The adoption of self-service in supermarkets and hypermarkets is

boosting the growth of this market segment in global ESL market

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Electronic Shelf Label Market –
By Geography
Europe was the largest market in the global ESL market
accounting for close to 34% of the total market share in 2017
and is expected to grow at a CAGR more than 26% during the
forecast period.
North America to grow at the fastest CAGR during the 2017-
2023
The market in North America is expected to grow at a CAGR
more than 30% and is anticipated to generate revenues of over
$465 million during the forecast period
The US constitutes about 89% of the retail industry in North
America and presence of prominent retail chains will boost the
demand in ESL market in the region.

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Electronic Shelf Label Market –
Key Countries
US
Germany
France
UK
China
Japan
Singapore

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Electronic Shelf Label Market –
Key Vendors
The major vendors in the global market are:
SES-imagotag
Pricer
Displaydata Ltd
Altierre Corp
DIGI
Other prominent vendors include E-Ink Holdings Inc, Samsung
Electro Mechanics (SEMCO), Mirador Marketing, CEST Ltd, LG
Innotak, NZ Electronic Shelf Label, Opticon Inc, Hanshow
Technology, Pervasive Displays Inc., (PDI), and Wincor Nixdorf.

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View report :
Electronic Shelf Label Market – Global Outlook and
Forecast 2018-2023

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