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Dallas–Fort Worth, TX Press Releases
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(Dallas.CityRegions.Com, August 28, 2018 ) Electronic Shelf Label, also known by the acronym ESL. It is the latest solution for inventory and price management in the retail sector, based on the use of advanced IT technology. ESL replaces conventional paper price tags attached to the shelves of supermarkets and department stores with, for example, LCDs and electronic paper (E-paper) that show information on product price, sales promotions, etc.
ESL takes advantage of Zigbee, a low-power wireless communication technology, to keep product prices updated in real time. ESL consists of an e-paper equipped tag and gateway which delivers product information. The central server transmits information of each product to the gateway, which in turn sends such information to thousands of tags at the same time.
An electronic shelf label includes a transceiver configured to communicate with a plurality of wireless data tags associated with a plurality of retail products.
Electronic Shelf Label (ESL) is a technology-intensive industry. There are less than twenty manufacturers in this industry. The top two manufacturers are Store Electronic Systems (imagotag) and Pricer in 2015. The other competitors include Displaydata, E Ink, Opticon Sensors Europe B.V,
DIGI, Altierre, Hanshow Technology and new entrants like Panasonic, LG innotek and Samsung etc. There are also a number of smaller regional companies or companies that are attempting to develop products with a view to establishing a position on the market. With the restructuring of the sector, for example, if one or more competitors were to enter into an alliance with a strong partner, this could constitute a threat to other players in the market. The growth of Electronic Shelf Label (ESL) industry depends on the acceptance of retail store.
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At present, in developed countries, the Electronic Shelf Label (ESL) industry is generally at a more advanced level. The world's largest enterprises are mainly concentrated in Europe. Meanwhile, foreign companies have more advanced R & D capability and leading technical level. However, foreign companies’ manufacturing cost is relatively higher, compared with Asia companies.
Over the next five years, Publisher projects that Electronic Shelf Label (ESL) will register a 19.2% CAGR in terms of revenue, reach US$ 1790 million by 2023, from US$ 630 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Shelf Label (ESL) market by product type, application, key manufacturers and key regions.
To calculate the market size, Publisher considers value and volume generated from the sales of the following segments:
Segmentation by product type: Liquid Crystal Display (LCD) Displays E papers Displays
Segmentation by application: Department Stores/Mass Merchandise Grocery/Supermarket Drug Stores Specialty Stores Others
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: SES (imagotag) Pricer Samsung E Ink Displaydata Opticon Sensors Europe B.V DIGI Hanshow Technology LG innotek Panasonic Altierre
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Electronic Shelf Label (ESL) Consumption by Players
4 Electronic Shelf Label (ESL) Consumption by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
Continued…
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