電子棚札市場 – 2029年までの世界予測

Electronic Shelf Labels Market - Global Forecast To 2029

電子棚札市場 - フルグラフィック電子ペーパー、LCD、セグメント電子ペーパー、小売、産業用、ラベル管理、在庫および在庫管理、トランシーバー、赤外線、無線周波数、近距離通信および地域別 - 2029年までの世界予測
Electronic Shelf Labels Market by Full Graphic E-paper, LCDs, Segmented E-paper, Retail, Industrial, Label Management, Inventory & Stock Management, Transceivers, Infrared, Radio Frequency, Near-field Communication and Region - Global Forecast to 2029

商品番号 : SMB-28807

出版社MarketsandMarkets
出版年月2024年12月
ページ数227
図表数294
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The electronic shelf labels market was valued at 2.34 billion in 2024 and is projected to reach USD 4.18 billion by 2029; it is expected to register a CAGR of 12.3% during the forecast period.

電子棚札市場は、2024 年に 23 億 4,000 万米ドルと評価され、2029 年までに 41 億 8,000 万米ドルに達すると予測されています。予測期間中に 12.3% の CAGR を記録すると予想されます。

The integration of ESL facilitates dynamic price changes, eliminating the need for manual price updat is driving the growth. Whereas lack of suitable infrastructures for wireless technologies and high installation and supporting infrastructure expenses  is restraining the growth of the electronic shelf labels market.

電子棚札市場 - 2029年までの世界予測
electronic-shelf-label-market

“The LCD segment is expected to grow at the second highest CAGR during the forecast period.”

The LCD segment is projected to grow at the second highest CAGR during the forecast period. This growth can be attributed to the increasing penetration of LCD-based ESL solutions in retail environments where high quality clear display capabilities are important in capturing consumer attention, and to offer information which can easily be read from a distance.

電子棚札市場 - 2029年までの世界予測 12
electronic-shelf-label-market-impact

The Near-field Communication type is likely to grow at the second highest CAGR during the forecast period

The Near-field Communication is expected to grow at second highest CAGR during the forecast period.

The NFC-based ESLs have unique characteristics especially in terms of their capability to interface with smart phones and other devices equipped with NFC technology. As a result, NFC-based labels are quite appropriate for various uses such as stock checking, changes in prices, as well as product verification; all of which prove the versatility of the programmes. NFC is fast, accurate and contactless – perfect for a retail environment where time is of the essence. ESLs that are NFC compatible enable retailers to make changes such as prices, product and promotional information on the go by touching the device on the NFC label.

“Europe is likely to grow at the largest share during the forecast period.”

The market in Europe is expected to grow at the largest share during the forecast period. There are several reasons that support this dominance, such as established retail market, continuous integration of the advanced technologies in the operation of retail outlets, and a strong focus on enhancing customer experience. ESL is becoming incredibly popular with the European retailers as they are interested in enhancing their in-/store efficiency, minimizing costs, and giving the consumers accurate timely information on the product prices. Some of the prominent market players in Europe and their ongoing innovation and expansion schemes contribute to the growth of the market. The region’s business environment, which promotes the use of efficient energy technology ad sustainability, also provides another consideration for the use of electronic shelf labels.

電子棚札市場 - 2029年までの世界予測 region
electronic-shelf-label-market-region

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 55%, Tier 2 – 25%, Tier 3 – 20%
  • By Designation— C-level Executives – 50%, Directors – 30%, Others – 20%
  • By Region—North America – 40%, Europe – 35%, Asia Pacific – 20%, RoW – 5%

The electronic shelf labels market is dominated by a few globally established players such as VusionGroup (France), SOLUM (South Korea), Pricer (Sweden), Displaydata Ltd. (UK), Teraoka Seiko Co., Ltd. (Japan). The study includes an in-depth competitive analysis of these key players in the electronic shelf labels market, with their company profiles, recent developments, and key market strategies.

電子棚札市場 - 2029年までの世界予測 ecosystem
electronic-shelf-label-market-ecosystem

Research Coverage:

The report segments the Home automation system market and forecasts its size by component, product type, communications technology, display size, end-user, region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main region—North America, Asia Pacific, Europe, RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the electronic shelf labels ecosystem.

Key Benefits to Buy the Report:

  • Analysis of key Drivers (Growing trend of retail automation, Benefits offered by ESLs, High demand for price optimization from retailers, Electronic shelf labels facilitate reduced labor efforts, Advent of 5G), Restraints (High installation and supporting infrastructure expenses, Lack of suitable infrastructures for wireless technologies), Opportunities (Constantly growing retail sector, Growth in Omni-Channel Retail, Digital disruptions facilitating adoption of advanced retail solutions), Challenges (Low labor costs in developing countries, Growing trend of e-commerce, Low retail margins hindering adoption of advanced retail solutions)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the electronic shelf labels market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the Home automation system market across varied countries.
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the electronic shelf labels market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and system types of leading players like VusionGroup (France), SOLUM (South Korea), Pricer (Sweden), Displaydata Ltd. (UK), Teraoka Seiko Co., Ltd. (Japan), M2COMM (Taiwan), Opticon (Netherlands), PARTRON ESL (South Korea), Shanghai SUNMI Technology Co., Ltd. (China), Hanshow (China), Dalian Sertag Technology Co., Ltd. (China), among others in the electronic shelf labels market.

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   24

1.3           STUDY SCOPE   25

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      25

1.3.2        YEARS CONSIDERED      26

1.3.3        INCLUSIONS AND EXCLUSIONS 26

1.4           CURRENCY CONSIDERED            27

1.5           UNITS CONSIDERED      27

1.6           LIMITATIONS    27

1.7           STAKEHOLDERS               27

1.8           SUMMARY OF CHANGES               27

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY AND PRIMARY RESEARCH 31

2.1.2        SECONDARY DATA          31

2.1.2.1    List of key secondary sources              32

2.1.2.2    Key data from secondary sources       32

2.1.3        PRIMARY DATA 32

2.1.3.1    Breakdown of primaries      33

2.1.3.2    List of key primary interview participants        33

2.1.3.3    Key data from primary sources           34

2.1.3.4    Keys industry insights          34

2.2           FACTOR ANALYSIS          35

2.2.1        SUPPLY-SIDE ANALYSIS                 35

2.2.2        DEMAND-SIDE ANALYSIS             36

2.2.3        GROWTH FORECAST ASSUMPTIONS      36

2.3           MARKET SIZE ESTIMATION METHODOLOGY     37

2.3.1        BOTTOM-UP APPROACH              37

2.3.1.1    Approach to arrive at market size using bottom-up analysis

(demand side)       37

2.3.2        TOP-DOWN APPROACH                38

2.3.2.1    Approach to arrive at market size using top-down analysis

(supply side)         38

2.4           MARKET BREAKDOWN AND DATA TRIANGULATION                 39

2.5           RESEARCH ASSUMPTIONS           40

2.6           RESEARCH LIMITATIONS             40

2.7           RISK ASSESSMENT           40

3               EXECUTIVE SUMMARY  41

4               PREMIUM INSIGHTS       44

4.1           ATTRACTIVE GROWTH OPPORTUNITIES FOR KEY PLAYERS IN

ELECTRONIC SHELF LABELS MARKET    44

4.2           ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE     44

4.3           ELECTRONIC SHELF LABELS MARKET, BY COMMUNICATION TECHNOLOGY           45

4.4           ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE       45

4.5           ELECTRONIC SHELF LABELS MARKET IN EUROPE, BY END USER            46

4.6           ELECTRONIC SHELF LABELS MARKET, BY REGION                 46

4.7           ELECTRONIC SHELF LABELS MARKET, BY COUNTRY                 47

5               MARKET OVERVIEW       48

5.1           INTRODUCTION              48

5.2           MARKET DYNAMICS       48

5.2.1        DRIVERS               49

5.2.1.1    Growing trend of retail automation   49

5.2.1.2    Increasing need for dynamic pricing in retail sector       49

5.2.1.3    Need to reduce labor and human errors            50

5.2.1.4    Advent of 5G technology    50

5.2.2        RESTRAINTS      51

5.2.2.1    High cost of installation and supporting infrastructure 51

5.2.2.2    Lack of suitable infrastructures for wireless technologies                 52

5.2.3        OPPORTUNITIES              52

5.2.3.1    Adoption of omnichannel sales by retailers      52

5.2.3.2    Expansion of retail sector    53

5.2.3.3    Implementation of advanced retail solutions   53

5.2.4        CHALLENGES    54

5.2.4.1    Low labor costs in developing countries           54

5.2.4.2    Growth of e-commerce sector            54

5.2.4.3    Low profit margins hindering adoption of automation technology                 55

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            56

5.4           PRICING ANALYSIS          57

5.4.1        AVERAGE SELLING PRICE OF KEY PLAYERS, BY DISPLAY SIZE, 2023             57

5.4.2        AVERAGE SELLING PRICE TREND, BY REGION (2020–2023)      58

5.5           SUPPLY CHAIN ANALYSIS             58

5.6           ECOSYSTEM ANALYSIS  60

5.7           INVESTMENT AND FUNDING SCENARIO               62

5.8           TECHNOLOGY ANALYSIS             62

5.8.1        KEY TECHNOLOGIES     62

5.8.1.1    AI-powered dynamic pricing solutions              62

5.8.1.2    E-paper displays   63

5.8.2        COMPLEMENTARY TECHNOLOGIES       63

5.8.2.1    Shelf monitoring software   63

5.8.2.2    Self-scanning solutions        63

5.8.3        ADJACENT TECHNOLOGIES       64

5.8.3.1    Endcap shelf edge displays 64

5.9           PATENT ANALYSIS          64

5.10         TRADE ANALYSIS             67

5.10.1      IMPORT DATA (HS CODE 853120)              67

5.10.2      EXPORT DATA (HS CODE 853120)              69

5.11         KEY CONFERENCES AND EVENTS, 2024–2025        70

5.12         CASE STUDY ANALYSIS 71

5.12.1      PENGUIN RANDOM HOUSE ADOPTED ELECTRONIC SHELF LABELS TO OPTIMIZE BOOK FAIR LOGISTICS      71

5.12.2      LOSURDOS IMPLEMENTED COMPREHENSIVE DIGITAL TRANSFORMATION SOLUTION TO ENHANCE EFFICIENCY AND CUSTOMER SATISFACTION         71

5.12.3      LØBESHOP.DK ADOPTS DISPLAYDATA LIMITED’S ESL SOLUTION TO ALIGN ONLINE AND OFFLINE PRODUCT PRICES                 72

5.12.4      SHOPRITE ADOPTED SOLUM’S ESL TO ENHANCE RETAIL DIGITIZATION 72

5.13         TARIFF AND REGULATORY LANDSCAPE               72

5.13.1      TARIFF DATA    73

5.13.2      REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  73

5.13.3      STANDARDS      75

5.14         PORTER’S FIVE FORCES ANALYSIS            75

5.14.1      THREAT OF NEW ENTRANTS      76

5.14.2      THREAT OF SUBSTITUTES          76

5.14.3      BARGAINING POWER OF SUPPLIERS       77

5.14.4      BARGAINING POWER OF BUYERS             77

5.14.5      INTENSITY OF COMPETITIVE RIVALRY 77

5.15         KEY STAKEHOLDERS AND BUYING CRITERIA     77

5.15.1      KEY STAKEHOLDERS IN BUYING PROCESS           77

5.15.2      BUYING CRITERIA           78

5.16         IMPACT OF AI/GEN AI ON ELECTRONIC SHELF LABELS MARKET               79

6               ELECTRONIC SHELF LABELS MARKET, BY COMPONENT                 80

6.1           INTRODUCTION              81

6.2           DISPLAYS            82

6.2.1        GROWING USE OF ELECTRONIC SHELF LABELS IN RETAIL SECTOR TO

DRIVE DEMAND FOR DISPLAYS 82

6.3           BATTERIES         83

6.3.1        EASY DEPLOYMENT OF BATTERY-POWERED ELECTRONIC SHELF

LABELS TO DRIVE DEMAND       83

6.4           TRANSCEIVERS 83

6.4.1        ABILITY TO ENABLE COMMUNICATION BETWEEN ELECTRONIC SHELF LABELS AND CENTRAL HUB COMPUTERS TO DRIVE MARKET         83

6.5           MICROPROCESSORS       84

6.5.1        NEED TO PROCESS DATA RECEIVED BY TRANSCEIVERS FROM CENTRAL

HUBS TO FUEL SEGMENTAL GROWTH  84

6.6           OTHER COMPONENTS  84

7               ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE     85

7.1           INTRODUCTION              86

7.2           LCD        87

7.2.1        MAINTENANCE-FREE AND LOW POWER CONSUMPTION BENEFITS

TO DRIVE DEMAND        87

7.3           SEGMENTED E-PAPER DISPLAY 90

7.3.1        NEED FOR EFFORTLESS UPDATES TO BOOST DEMAND                 90

7.4           FULLY GRAPHIC E-PAPER DISPLAY         94

7.4.1        GROWING NEED TO DISPLAY GRAPHIC-BASED CONTENT IN TIER I AND

TIER II RETAIL STORES TO DRIVE MARKET          94

8               ELECTRONIC SHELF LABELS MARKET, BY OFFERING                 98

8.1           INTRODUCTION              99

8.2           HARDWARE        100

8.2.1        NEED FOR AUTOMATED RETAIL PRICING TO DRIVE MARKET GROWTH          100

8.3           SOFTWARE & SERVICES 100

8.3.1        LABEL MANAGEMENT SOFTWARE           101

8.3.1.1    Necessity to streamline pricing updates to boost demand                 101

8.3.2        INVENTORY & STOCK MANAGEMENT SOFTWARE                 101

8.3.2.1    Demand for optimizing retail operations with ESL fueling growth                 101

9               ELECTRONIC SHELF LABELS MARKET, BY COMMUNICATION TECHNOLOGY           102

9.1           INTRODUCTION              103

9.2           RADIO FREQUENCY        104

9.2.1        HIGH STABILITY AND FULLY AUTOMATED DATA TRANSFER BENEFITS DRIVING DEMAND FOR RF-BASED ESLS                 104

9.3           INFRARED           105

9.3.1        ELIMINATES NEED FOR TRANSMITTERS AND RECEIVERS TO BE IN EACH OTHER’S LINE OF SIGHT      105

9.4           NEAR-FIELD COMMUNICATION                105

9.4.1        ABILITY TO CONNECT WITH NFC-BASED END DEVICES TO DRIVE MARKET         105

9.5           OTHER COMMUNICATION TECHNOLOGIES       106

10            ELECTRONIC SHELF LABELS MARKET, BY DISPLAY SIZE                 108

10.1         INTRODUCTION              109

10.2         LESS THAN 3 INCHES     110

10.2.1      INCREASING NEED TO MANAGE SKUS EFFECTIVELY TO DRIVE MARKET 110

10.3         3 TO 7 INCHES   111

10.3.1      STRONG FOCUS OF RETAILERS ON ENHANCING SHOPPING EXPERIENCE TO FOSTER MARKET GROWTH                 111

10.4         7 TO 10 INCHES 112

10.4.1      USE OF NFC TECHNOLOGY TO FACILITATE INTEGRATION WITH

SMART DEVICES TO DRIVE DEMAND     112

10.5         MORE THAN 10 INCHES 113

10.5.1      GROWING USE IN INDUSTRIAL APPLICATIONS TO DRIVE MARKET 113

11            ELECTRONIC SHELF LABELS MARKET, BY END USER                 114

11.1         INTRODUCTION              115

11.2         RETAIL 116

11.2.1      HYPERMARKETS               119

11.2.1.1  Need for reduced operational costs in hypermarkets to drive demand  119

11.2.2      SUPERMARKETS               123

11.2.2.1  Need for dynamic pricing capabilities to fuel demand   123

11.2.3      NON-FOOD RETAIL STORES       127

11.2.3.1  Ability to offer enhanced management capabilities to propel segmental growth 127

11.2.4      SPECIALTY STORES        131

11.2.4.1  Emphasis on attracting customers to foster increased adoption                 131

11.2.5      OTHER RETAIL STORES                 135

11.3         INDUSTRIAL      138

11.3.1      OFFERS HIGH EFFICIENCY AND VALUE ADDITION IN CRITICAL

INDUSTRIAL PROCESSES              138

12            ELECTRONIC SHELF LABELS MARKET, BY REGION                 143

12.1         INTRODUCTION              144

12.2         NORTH AMERICA             145

12.2.1      MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 145

12.2.2      US           148

12.2.2.1  Consolidation of retail stores to drive demand                 148

12.2.3      CANADA               149

12.2.3.1  Growing trend of retail automation to drive market       149

12.2.4      MEXICO                149

12.2.4.1  Increasing number of retail stores to fuel adoption         149

12.3         EUROPE               149

12.3.1      MACROECONOMIC OUTLOOK FOR EUROPE      150

12.3.2      FRANCE                153

12.3.2.1  Presence of leading manufacturers and hypermarkets

to propel market   153

12.3.3      UK          153

12.3.3.1  Growing need to reduce labor costs to facilitate increased adoption 153

12.3.4      GERMANY           153

12.3.4.1  Thriving retail and industrial sectors to provide growth opportunities for market players        153

12.3.5      ITALY    154

12.3.5.1  Need for regular price updates and enhanced product

promotion to drive market  154

12.3.6      REST OF EUROPE             154

12.4         ASIA PACIFIC     154

12.4.1      MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 154

12.4.2      CHINA  158

12.4.2.1  Adoption of automated retail solutions by retailers to drive market    158

12.4.3      JAPAN   158

12.4.3.1  Expansion of global retail brands to create growth opportunities for market players 158

12.4.4      SOUTH KOREA  159

12.4.4.1  Favorable regulatory environment to drive market         159

12.4.5      TAIWAN               159

12.4.5.1  Presence of leading market players to fuel market growth                 159

12.4.6      REST OF ASIA PACIFIC   159

12.5         ROW      159

12.5.1      MACROECONOMIC OUTLOOK FOR ROW              159

12.5.2      SOUTH AMERICA             162

12.5.2.1  Rapid urbanization and growth of retail sector to increase adoption 162

12.5.3      MIDDLE EAST & AFRICA                162

12.5.3.1  Expanding retail sector to drive market            162

12.5.3.2  GCC countries      163

12.5.3.3  Rest of Middle East & Africa               163

13            COMPETITIVE LANDSCAPE         164

13.1         OVERVIEW          164

13.2         KEY PLAYERS’ STRATEGIES/RIGHT TO WIN, 2020−2024                 164

13.3         MARKET SHARE ANALYSIS, 2023                 166

13.4         REVENUE ANALYSIS, 2020–2023  167

13.5         COMPANY VALUATION AND FINANCIAL METRICS                 168

13.6         BRAND/PRODUCT COMPARISON             169

13.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 169

13.7.1      STARS   169

13.7.2      EMERGING LEADERS     170

13.7.3      PERVASIVE PLAYERS      170

13.7.4      PARTICIPANTS 170

13.7.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         172

13.7.5.1  Company footprint               172

13.7.5.2  Region footprint   173

13.7.5.3  Display size footprint           174

13.7.5.4  Product type footprint         175

13.7.5.5  End user footprint                 176

13.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        177

13.8.1      PROGRESSIVE COMPANIES         177

13.8.2      RESPONSIVE COMPANIES            177

13.8.3      DYNAMIC COMPANIES  177

13.8.4      STARTING BLOCKS         177

13.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 179

13.8.5.1  Detailed list of key startups/SMEs    179

13.8.5.2  Competitive benchmarking of key startups/SMEs          179

13.9         COMPETITIVE SCENARIO             180

13.9.1      PRODUCT LAUNCHES   180

13.9.2      DEALS  181

14            COMPANY PROFILES      182

14.1         KEY PLAYERS     182

14.1.1      VUSIONGROUP 182

14.1.1.1  Business overview 182

14.1.1.2  Products/Solutions/Services offered 184

14.1.1.3  Recent developments           185

14.1.1.3.1                Product launches  185

14.1.1.3.2                Deals      185

14.1.1.4  MnM view              186

14.1.1.4.1                Key strengths        186

14.1.1.4.2                Strategic choices   186

14.1.1.4.3                Weaknesses and competitive threats 186

14.1.2      PRICER 187

14.1.2.1  Business overview 187

14.1.2.2  Products/Solutions/Services offered 188

14.1.2.3  Recent developments           189

14.1.2.3.1                Deals      189

14.1.2.3.2                Expansions             190

14.1.2.4  MnM view              190

14.1.2.4.1                Key strengths        190

14.1.2.4.2                Strategic choices   191

14.1.2.4.3                Weaknesses and competitive threats 191

14.1.3      SOLUM 192

14.1.3.1  Business overview 192

14.1.3.2  Products/Solutions/Services offered 192

14.1.3.3  Recent developments           193

14.1.3.3.1                Product launches  193

14.1.3.3.2                Deals      193

14.1.3.4  MnM view              194

14.1.3.4.1                Key strengths        194

14.1.3.4.2                Strategic choices   194

14.1.3.4.3                Weaknesses and competitive threats 194

14.1.4      DISPLAYDATA LTD.        195

14.1.4.1  Business overview 195

14.1.4.2  Products/Solutions/Services offered 195

14.1.4.3  Recent developments           196

14.1.4.3.1                Product launches  196

14.1.4.3.2                Deals      196

14.1.4.4  MnM view              196

14.1.4.4.1                Key strengths        196

14.1.4.4.2                Strategic choices   197

14.1.4.4.3                Weaknesses and competitive threats 197

14.1.5      TERAOKA SEIKO CO., LTD.          198

14.1.5.1  Business overview 198

14.1.5.2  Products/Solutions/Services offered 198

14.1.5.3  Recent developments           199

14.1.5.3.1                Expansions             199

14.1.5.4  MnM view              199

14.1.5.4.1                Key strengths        199

14.1.5.4.2                Strategic choices   199

14.1.5.4.3                Weaknesses and competitive threats 199

14.1.6      M2COMM             200

14.1.6.1  Business overview 200

14.1.6.2  Products/Solutions/Services offered 200

14.1.7      OPTICON             201

14.1.7.1  Business overview 201

14.1.7.2  Products/Solutions/Services offered 201

14.1.7.3  Recent developments           202

14.1.7.3.1                Deals      202

14.1.8      PARTRON ESL   203

14.1.8.1  Business overview 203

14.1.8.2  Products/Solutions/Services offered 203

14.1.8.3  Recent developments           204

14.1.8.3.1                Product launches  204

14.1.8.3.2                Deals      205

14.1.9      SHANGHAI SUNMI TECHNOLOGY CO., LTD.       206

14.1.9.1  Business overview 206

14.1.9.2  Products/Solutions/Services offered 206

14.1.10   HANSHOW TECHNOLOGY           207

14.1.10.1                 Business overview 207

14.1.10.2                 Products/Solutions/Services offered 207

14.1.10.3                 Recent developments           208

14.1.10.3.1             Product launches  208

14.1.10.3.2             Deals      208

14.1.10.3.3             Expansions             208

14.2         OTHER PLAYERS              209

14.2.1      DALIAN SERTAG TECHNOLOGY CO., LTD.           209

14.2.2      MINEWTAG        210

14.2.3      LABELNEST        211

14.2.4      DIGETY                211

14.2.5      ZKONG NETWORKS        212

14.2.6      TRONITAG GMBH            213

14.2.7      YALATECH          213

14.2.8      SSSIND 214

14.2.9      ALLSEE TECHNOLOGIES LIMITED           215

14.2.10   MOKOSMART    216

14.2.11   FUTURE SHELF 216

14.2.12   HENDERSON TECHNOLOGY       217

14.2.13   ZHSUNYCO         217

14.2.14   NZ ELECTRONIC SHELF LABELLING       218

14.2.15   LANCOM SYSTEMS GMBH            218

15            APPENDIX           219

15.1         INSIGHTS FROM INDUSTRY EXPERTS     219

15.2         DISCUSSION GUIDE        220

15.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                223

15.4         CUSTOMIZATION OPTIONS        225

15.5         RELATED REPORTS         225

15.6         AUTHOR DETAILS           226

LIST OF TABLES

TABLE 1                ELECTRONIC SHELF LABELS MARKET: GROWTH FORECAST ASSUMPTIONS      36

TABLE 2                ELECTRONIC SHELF LABELS MARKET: RESEARCH ASSUMPTIONS           40

TABLE 3                ELECTRONIC SHELF LABELS MARKET: RISK ASSESSMENT     40

TABLE 4                AVERAGE SELLING PRICE TREND, BY DISPLAY SIZE, 2019–2023 (USD)    57

TABLE 5                AVERAGE SELLING PRICE TREND OF ELECTRONIC SHELF LABELS,

BY REGION, 2020–2023 (USD)      58

TABLE 6                ELECTRONIC SHELF LABELS MARKET: ROLE OF PLAYERS IN ECOSYSTEM              61

TABLE 7                ELECTRONIC SHELF LABELS MARKET: KEY PATENTS, 2022–2023        64

TABLE 8                IMPORT SCENARIO FOR HS CODE 853120-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            68

TABLE 9                EXPORT SCENARIO FOR HS CODE 853120-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            70

TABLE 10              KEY CONFERENCES AND EVENTS, 2024–2025                 70

TABLE 11              MFN TARIFF FOR HS CODE 853120-COMPLIANT PRODUCTS EXPORTED

BY GERMANY, 2023          73

TABLE 12              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  73

TABLE 13              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  74

TABLE 14              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  74

TABLE 15              ROW: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  74

TABLE 16              PORTER’S FIVE FORCES: IMPACT ON ELECTRONIC SHELF LABELS MARKET    75

TABLE 17              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER (%)        78

TABLE 18              KEY BUYING CRITERIA, BY END USER    78

TABLE 19              ELECTRONIC SHELF LABELS MARKET, BY COMPONENT,

2020–2023 (USD MILLION)            81

TABLE 20              ELECTRONIC SHELF LABELS MARKET, BY COMPONENT,

2024–2029 (USD MILLION)            82

TABLE 21              DISPLAYS: ELECTRONIC SHELF LABELS MARKET, BY DISPLAY TYPE,

2020–2023 (USD MILLION)            82

TABLE 22              DISPLAYS: ELECTRONIC SHELF LABELS MARKET, BY DISPLAY TYPE,

2024–2029 (USD MILLION)            83

TABLE 23              ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2020–2023 (USD MILLION)            86

TABLE 24              ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2024–2029 (USD MILLION)            87

TABLE 25              LCD: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2020–2023 (USD MILLION)            87

TABLE 26              LCD: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2024–2029 (USD MILLION)            88

TABLE 27              LCD: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE,

2020–2023 (USD MILLION)            88

TABLE 28              LCD: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE,

2024–2029 (USD MILLION)            89

TABLE 29              LCD: ELECTRONIC SHELF LABELS MARKET, BY COMMUNICATION TECHNOLOGY, 2020–2023 (USD MILLION)                 89

TABLE 30              LCD: ELECTRONIC SHELF LABELS MARKET, BY COMMUNICATION TECHNOLOGY, 2024–2029 (USD MILLION)                 89

TABLE 31              LCD: ELECTRONIC SHELF LABELS MARKET, BY DISPLAY SIZE,

2020–2023 (USD MILLION)            90

TABLE 32              LCD: ELECTRONIC SHELF LABELS MARKET, BY DISPLAY SIZE,

2024–2029 (USD MILLION)            90

TABLE 33              SEGMENTED E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY END USER, 2020–2023 (USD MILLION)               91

TABLE 34              SEGMENTED E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY END USER, 2024–2029 (USD MILLION)               91

TABLE 35              SEGMENTED E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY RETAIL STORE TYPE, 2020–2023 (USD MILLION)          92

TABLE 36              SEGMENTED E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY RETAIL STORE TYPE, 2024–2029 (USD MILLION)          92

TABLE 37              SEGMENTED E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY COMMUNICATION TECHNOLOGY, 2020–2023 (USD MILLION)                 92

TABLE 38              SEGMENTED E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY COMMUNICATION TECHNOLOGY, 2024–2029 (USD MILLION)                 93

TABLE 39              SEGMENTED E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY DISPLAY SIZE, 2020–2023 (USD MILLION)        93

TABLE 40              SEGMENTED E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY DISPLAY SIZE, 2024–2029 (USD MILLION)        93

TABLE 41              FULLY GRAPHIC E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY END USER, 2020–2023 (USD MILLION)               94

TABLE 42              FULLY GRAPHIC E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY END USER, 2024–2029 (USD MILLION)               95

TABLE 43              FULLY GRAPHIC E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY RETAIL STORE TYPE, 2020–2023 (USD MILLION)          95

TABLE 44              FULLY GRAPHIC E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY RETAIL STORE TYPE, 2024–2029 (USD MILLION)          95

TABLE 45              FULLY GRAPHIC E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY COMMUNICATION TECHNOLOGY, 2020–2023 (USD MILLION)                 96

TABLE 46              FULLY GRAPHIC E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY COMMUNICATION TECHNOLOGY, 2024–2029 (USD MILLION)                 96

TABLE 47              FULLY GRAPHIC E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY DISPLAY SIZE, 2020–2023 (USD MILLION)        96

TABLE 48              FULLY GRAPHIC E-PAPER DISPLAY: ELECTRONIC SHELF LABELS MARKET,

BY DISPLAY SIZE, 2024–2029 (USD MILLION)        97

TABLE 49              ELECTRONIC SHELF LABELS MARKET, BY OFFERING, 2020–2023 (USD MILLION)     99

TABLE 50              ELECTRONIC SHELF LABELS MARKET, BY OFFERING, 2024–2029 (USD MILLION)     100

TABLE 51              ELECTRONIC SHELF LABELS MARKET, BY COMMUNICATION TECHNOLOGY,

2020–2023 (USD MILLION)            103

TABLE 52              ELECTRONIC SHELF LABELS MARKET, BY COMMUNICATION TECHNOLOGY,

2024–2029 (USD MILLION)            104

TABLE 53              RADIO FREQUENCY: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)                 104

TABLE 54              RADIO FREQUENCY: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)                 104

TABLE 55              INFRARED: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2020–2023 (USD MILLION)            105

TABLE 56              INFRARED: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2024–2029 (USD MILLION)            105

TABLE 57              NEAR-FIELD COMMUNICATION: ELECTRONIC SHELF LABELS MARKET,

BY PRODUCT TYPE, 2020–2023 (USD MILLION)  106

TABLE 58              NEAR-FIELD COMMUNICATION: ELECTRONIC SHELF LABELS MARKET,

BY PRODUCT TYPE, 2024–2029 (USD MILLION)  106

TABLE 59              OTHER COMMUNICATION TECHNOLOGIES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)            106

TABLE 60              OTHER COMMUNICATION TECHNOLOGIES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)            107

TABLE 61              ELECTRONIC SHELF LABELS MARKET, BY DISPLAY SIZE,

2020–2023 (USD MILLION)            109

TABLE 62              ELECTRONIC SHELF LABELS MARKET, BY DISPLAY SIZE,

2024–2029 (USD MILLION)            110

TABLE 63              ELECTRONIC SHELF LABELS MARKET, BY DISPLAY SIZE,

2020–2023 (MILLION UNITS)        110

TABLE 64              ELECTRONIC SHELF LABELS MARKET, BY DISPLAY SIZE,

2024–2029 (MILLION UNITS)        110

TABLE 65              LESS THAN 3 INCHES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)                 111

TABLE 66              LESS THAN 3 INCHES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)                 111

TABLE 67              3 TO 7 INCHES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2020–2023 (USD MILLION)            111

TABLE 68              3 TO 7 INCHES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2024–2029 (USD MILLION)            112

TABLE 69              7 TO 10 INCHES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2020–2023 (USD MILLION)            112

TABLE 70              7 TO 10 INCHES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2024–2029 (USD MILLION)            112

TABLE 71              MORE THAN 10 INCHES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)                 113

TABLE 72              MORE THAN 10 INCHES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)                 113

TABLE 73              ELECTRONIC SHELF LABELS MARKET, BY END USER, 2020–2023 (USD MILLION)                115

TABLE 74              ELECTRONIC SHELF LABELS MARKET, BY END USER, 2024–2029 (USD MILLION)                116

TABLE 75              RETAIL: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE,

2020–2023 (USD MILLION)            116

TABLE 76              RETAIL: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE,

2024–2029 (USD MILLION)            117

TABLE 77              RETAIL: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2020–2023 (USD MILLION)            118

TABLE 78              RETAIL: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2024–2029 (USD MILLION)            118

TABLE 79              RETAIL: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2020–2023 (USD MILLION)            118

TABLE 80              RETAIL: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2024–2029 (USD MILLION)            118

TABLE 81              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)                 119

TABLE 82              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)                 119

TABLE 83              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2020–2023 (USD MILLION)            120

TABLE 84              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2024–2029 (USD MILLION)            120

TABLE 85              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)               121

TABLE 86              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)               121

TABLE 87              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)                 121

TABLE 88              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)                 122

TABLE 89              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)               122

TABLE 90              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)               122

TABLE 91              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION)                 123

TABLE 92              HYPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN ROW, BY COUNTRY, 2024–2029 (USD MILLION)                 123

TABLE 93              SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)                 123

TABLE 94              SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)                 124

TABLE 95              SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2020–2023 (USD MILLION)            124

TABLE 96              SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2024–2029 (USD MILLION)            124

TABLE 97              SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)               125

TABLE 98              SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)               125

TABLE 99              SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)                 125

TABLE 100            SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)                 126

TABLE 101            SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)               126

TABLE 102            SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)               126

TABLE 103            SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION)                 127

TABLE 104            SUPERMARKETS: ELECTRONIC SHELF LABELS MARKET IN ROW, BY COUNTRY, 2024–2029 (USD MILLION)                 127

TABLE 105            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET,

BY PRODUCT TYPE, 2020–2023 (USD MILLION)  127

TABLE 106            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET,

BY PRODUCT TYPE, 2024–2029 (USD MILLION)  128

TABLE 107            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET, BY REGION, 2020–2023 (USD MILLION)                 128

TABLE 108            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET, BY REGION, 2024–2029 (USD MILLION)                 128

TABLE 109            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN

NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION)                 129

TABLE 110            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN

NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION)                 129

TABLE 111            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)               129

TABLE 112            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)               130

TABLE 113            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)       130

TABLE 114            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)       130

TABLE 115            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN ROW,

BY REGION, 2020–2023 (USD MILLION)   131

TABLE 116            NON-FOOD RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN ROW,

BY COUNTRY, 2024–2029 (USD MILLION)               131

TABLE 117            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)                 131

TABLE 118            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)                 132

TABLE 119            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2020–2023 (USD MILLION)            132

TABLE 120            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2024–2029 (USD MILLION)            132

TABLE 121            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)               132

TABLE 122            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)               133

TABLE 123            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)               133

TABLE 124            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)               133

TABLE 125            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)               134

TABLE 126            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)               134

TABLE 127            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION)                 134

TABLE 128            SPECIALTY STORES: ELECTRONIC SHELF LABELS MARKET IN ROW, BY COUNTRY, 2024–2029 (USD MILLION)            134

TABLE 129            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION)                 135

TABLE 130            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION)                 135

TABLE 131            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2020–2023 (USD MILLION)            135

TABLE 132            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2024–2029 (USD MILLION)            136

TABLE 133            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2023 (USD MILLION) 136

TABLE 134            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA, BY COUNTRY, 2024–2029 (USD MILLION) 136

TABLE 135            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN EUROPE,

BY COUNTRY, 2020–2023 (USD MILLION)               137

TABLE 136            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN EUROPE,

BY COUNTRY, 2024–2029 (USD MILLION)               137

TABLE 137            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC,

BY COUNTRY, 2020–2023 (USD MILLION)               137

TABLE 138            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC,

BY COUNTRY, 2024–2029 (USD MILLION)               138

TABLE 139            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN ROW, BY REGION, 2020–2023 (USD MILLION)                 138

TABLE 140            OTHER RETAIL STORES: ELECTRONIC SHELF LABELS MARKET IN ROW,

BY COUNTRY, 2024–2029 (USD MILLION)               138

TABLE 141            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2020–2023 (USD MILLION)            139

TABLE 142            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET, BY PRODUCT TYPE,

2024–2029 (USD MILLION)            139

TABLE 143            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2020–2023 (USD MILLION)            140

TABLE 144            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2024–2029 (USD MILLION)            140

TABLE 145            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA,

BY COUNTRY, 2020–2023 (USD MILLION)               140

TABLE 146            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET IN NORTH AMERICA,

BY COUNTRY, 2024–2029 (USD MILLION)               141

TABLE 147            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET IN EUROPE, BY COUNTRY, 2020–2023 (USD MILLION)                 141

TABLE 148            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET IN EUROPE, BY COUNTRY, 2024–2029 (USD MILLION)                 141

TABLE 149            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC, BY COUNTRY, 2020–2023 (USD MILLION)            142

TABLE 150            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET IN ASIA PACIFIC, BY COUNTRY, 2024–2029 (USD MILLION)            142

TABLE 151            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET IN ROW, BY REGION,

2020–2023 (USD MILLION)            142

TABLE 152            INDUSTRIAL: ELECTRONIC SHELF LABELS MARKET IN ROW, BY COUNTRY,

2024–2029 (USD MILLION)            142

TABLE 153            ELECTRONIC SHELF LABELS MARKET, BY REGION, 2020–2023 (USD MILLION)          144

TABLE 154            ELECTRONIC SHELF LABELS MARKET, BY REGION, 2024–2029 (USD MILLION)          145

TABLE 155            NORTH AMERICA: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2020–2023 (USD MILLION)            147

TABLE 156            NORTH AMERICA: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2024–2029 (USD MILLION)            147

TABLE 157            NORTH AMERICA: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE, 2020–2023 (USD MILLION)                 147

TABLE 158            NORTH AMERICA: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE, 2024–2029 (USD MILLION)                 148

TABLE 159            NORTH AMERICA: ELECTRONIC SHELF LABELS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            148

TABLE 160            NORTH AMERICA: ELECTRONIC SHELF LABELS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            148

TABLE 161            EUROPE: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2020–2023 (USD MILLION)            151

TABLE 162            EUROPE: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2024–2029 (USD MILLION)            151

TABLE 163            EUROPE: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE,

2020–2023 (USD MILLION)            152

TABLE 164            EUROPE: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE,

2024–2029 (USD MILLION)            152

TABLE 165            EUROPE: ELECTRONIC SHELF LABELS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            152

TABLE 166            EUROPE: ELECTRONIC SHELF LABELS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            153

TABLE 167            ASIA PACIFIC: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2020–2023 (USD MILLION)            156

TABLE 168            ASIA PACIFIC: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2024–2029 (USD MILLION)            156

TABLE 169            ASIA PACIFIC: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE, 2020–2023 (USD MILLION)                 157

TABLE 170            ASIA PACIFIC: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE, 2024–2029 (USD MILLION)                 157

TABLE 171            ASIA PACIFIC: ELECTRONIC SHELF LABELS MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            157

TABLE 172            ASIA PACIFIC: ELECTRONIC SHELF LABELS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            158

TABLE 173            ROW: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2020–2023 (USD MILLION)            160

TABLE 174            ROW: ELECTRONIC SHELF LABELS MARKET, BY END USER,

2024–2029 (USD MILLION)            160

TABLE 175            ROW: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE,

2020–2023 (USD MILLION)            161

TABLE 176            ROW: ELECTRONIC SHELF LABELS MARKET, BY RETAIL STORE TYPE,

2024–2029 (USD MILLION)            161

TABLE 177            ROW: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2020–2023 (USD MILLION)            161

TABLE 178            ROW: ELECTRONIC SHELF LABELS MARKET, BY REGION,

2024–2029 (USD MILLION)            161

TABLE 179            MIDDLE EAST & AFRICA: ELECTRONIC SHELF LABELS MARKET, BY COUNTRY, 2020–2023 (USD MILLION)                 162

TABLE 180            MIDDLE EAST & AFRICA: ELECTRONIC SHELF LABELS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)                 162

TABLE 181            OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2020−2024       164

TABLE 182            ELECTRONIC SHELF LABELS MARKET: DEGREE OF COMPETITION, 2023                 167

TABLE 183            ELECTRONIC SHELF LABELS MARKET: REGION FOOTPRINT       173

TABLE 184            ELECTRONIC SHELF LABELS MARKET: DISPLAY SIZE FOOTPRINT              174

TABLE 185            ELECTRONIC SHELF LABELS MARKET: PRODUCT TYPE FOOTPRINT     175

TABLE 186            ELECTRONIC SHELF LABELS MARKET: END USER FOOTPRINT            176

TABLE 187            ELECTRONIC SHELF LABELS MARKET: STARTUPS/SMES              179

TABLE 188            ELECTRONIC SHELF LABELS MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              179

TABLE 189            ELECTRONIC SHELF LABELS MARKET: PRODUCT LAUNCHES,

APRIL 2020–OCTOBER 2024          180

TABLE 190            ELECTRONIC SHELF LABELS MARKET: DEALS, APRIL 2020–OCTOBER 2024          181

TABLE 191            VUSIONGROUP: COMPANY OVERVIEW 182

TABLE 192            VUSIONGROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    184

TABLE 193            VUSIONGROUP: PRODUCT LAUNCHES 185

TABLE 194            VUSIONGROUP: DEALS 185

TABLE 195            PRICER: COMPANY OVERVIEW  187

TABLE 196            PRICER: PRODUCTS/SOLUTIONS/SERVICES OFFERED             188

TABLE 197            PRICER: DEALS 189

TABLE 198            PRICER: EXPANSIONS    190

TABLE 199            SOLUM: COMPANY OVERVIEW 192

TABLE 200            SOLUM: PRODUCTS/SOLUTIONS/SERVICES OFFERED             192

TABLE 201            SOLUM: PRODUCT LAUNCHES  193

TABLE 202            SOLUM: DEALS 193

TABLE 203            DISPLAYDATA LTD.: COMPANY OVERVIEW                 195

TABLE 204            DISPLAYDATA LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    195

TABLE 205            DISPLAYDATA LTD.: PRODUCT LAUNCHES                 196

TABLE 206            DISPLAYDATA LTD.: DEALS        196

TABLE 207            TERAOKA SEIKO CO., LTD.: COMPANY OVERVIEW          198

TABLE 208            TERAOKA SEIKO CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    198

TABLE 209            TERAOKA SEIKO CO., LTD.: EXPANSIONS                 199

TABLE 210            M2COMM: COMPANY OVERVIEW             200

TABLE 211            M2COMM: PRODUCTS/SOLUTIONS/SERVICES OFFERED             200

TABLE 212            OPTICON: COMPANY OVERVIEW             201

TABLE 213            OPTICON: PRODUCTS/SOLUTIONS/SERVICES OFFERED             201

TABLE 214            OPTICON: DEALS             202

TABLE 215            PARTRON ESL: COMPANY OVERVIEW    203

TABLE 216            PARTRON ESL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    203

TABLE 217            PARTRON ESL: PRODUCT LAUNCHES    204

TABLE 218            PARTRON ESL: DEALS   205

TABLE 219            SHANGHAI SUNMI TECHNOLOGY CO., LTD.: COMPANY OVERVIEW   206

TABLE 220            SHANGHAI SUNMI TECHNOLOGY CO., LTD.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    206

TABLE 221            HANSHOW TECHNOLOGY: COMPANY OVERVIEW          207

TABLE 222            HANSHOW TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    207

TABLE 223            HANSHOW TECHNOLOGY: PRODUCT LAUNCHES          208

TABLE 224            HANSHOW TECHNOLOGY: DEALS           208

TABLE 225            HANSHOW TECHNOLOGY: EXPANSIONS                 208

LIST OF FIGURES

FIGURE 1              ELECTRONIC SHELF LABELS MARKET SEGMENTATION AND REGIONAL SCOPE              25

FIGURE 2              ELECTRONIC SHELF LABELS MARKET: RESEARCH DESIGN         29

FIGURE 3              ELECTRONIC SHELF LABELS MARKET: RESEARCH APPROACH  31

FIGURE 4              ELECTRONIC SHELF LABELS MARKET: SUPPLY-SIDE ANALYSIS 35

FIGURE 5              REVENUE GENERATED FROM SALES OF ELECTRONIC SHELF LABELS      35

FIGURE 6              ELECTRONIC SHELF LABELS MARKET: BOTTOM-UP APPROACH              37

FIGURE 7              ELECTRONIC SHELF LABELS MARKET: TOP-DOWN APPROACH          38

FIGURE 8              ELECTRONIC SHELF LABELS MARKET: DATA TRIANGULATION             39

FIGURE 9              ELECTRONIC SHELF LABELS MARKET, 2020–2029                 41

FIGURE 10            NON-FOOD RETAIL STORES TO WITNESS HIGHEST CAGR

DURING FORECAST PERIOD       42

FIGURE 11            7 TO 10 INCHES SEGMENT TO REGISTER HIGHEST CAGR

DURING FORECAST PERIOD       42

FIGURE 12            DISPLAYS TO RECORD HIGHEST GROWTH RATE DURING FORECAST PERIOD           43

FIGURE 13            GROWING DEMAND FOR OMNICHANNEL RETAIL TO DRIVE MARKET         44

FIGURE 14            FULLY GRAPHIC E-PAPER DISPLAY SEGMENT TO RECORD HIGHEST CAGR

DURING FORECAST PERIOD       44

FIGURE 15            RADIO FREQUENCY TECHNOLOGY TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD                45

FIGURE 16            NON-FOOD RETAIL STORES TO RECORD HIGHEST CAGR

DURING FORECAST PERIOD       45

FIGURE 17            INDUSTRIAL SEGMENT TO WITNESS HIGHER CAGR DURING FORECAST PERIOD          46

FIGURE 18            EUROPE TO BE LARGEST MARKET FOR ELECTRONIC SHELF LABELS IN 2029       46

FIGURE 19            TAIWAN TO RECORD HIGHEST CAGR DURING FORECAST PERIOD         47

FIGURE 20            ELECTRONIC SHELF LABELS MARKET: DRIVERS, RESTRAINTS,

OPPORTUNITIES, AND CHALLENGES     48

FIGURE 21            HOURLY LABOR COSTS, 2023      50

FIGURE 22            IMPACT OF DRIVERS ON ELECTRONIC SHELF LABELS MARKET              51

FIGURE 23            IMPACT OF RESTRAINTS ON ELECTRONIC SHELF LABELS MARKET                52

FIGURE 24            IMPACT OF OPPORTUNITIES ON ELECTRONIC SHELF LABELS MARKET                54

FIGURE 25            IMPACT OF CHALLENGES ON ELECTRONIC SHELF LABELS MARKET                55

FIGURE 26            TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS   56

FIGURE 27            AVERAGE SELLING PRICE OF KEY PLAYERS, BY DISPLAY SIZE, 2023          57

FIGURE 28            AVERAGE SELLING PRICE, BY REGION, 2020–2023 (USD)          58

FIGURE 29            ELECTRONIC SHELF LABELS MARKET: SUPPLY CHAIN ANALYSIS              59

FIGURE 30            ELECTRONIC SHELF LABELS MARKET: ECOSYSTEM ANALYSIS  60

FIGURE 31            STARTUP FUNDING FOR ELECTRONIC SHELF LABELS 62

FIGURE 32            PATENTS APPLIED AND GRANTED, 2013–2023                 66

FIGURE 33            IMPORT DATA FOR HS CODE 853120-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            67

FIGURE 34            EXPORT DATA FOR HS CODE 853120-COMPLIANT PRODUCTS, BY COUNTRY, 2019–2023 (USD MILLION)            69

FIGURE 35            PORTER’S FIVE FORCES ANALYSIS: ELECTRONIC SHELF LABELS MARKET    76

FIGURE 36            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER                77

FIGURE 37            KEY BUYING CRITERIA, BY END USER    78

FIGURE 38            MPACT OF AI/GEN AI ON ELECTRONIC SHELF LABELS MARKET              79

FIGURE 39            DISPLAYS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE

DURING FORECAST PERIOD       81

FIGURE 40            FULLY GRAPHIC E-PAPER DISPLAY TO ACCOUNT FOR LARGEST

MARKET SHARE DURING FORECAST PERIOD     86

FIGURE 41            RETAIL SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE

DURING FORECAST PERIOD       88

FIGURE 42            HYPERMARKETS TO ACCOUNT FOR LARGEST SHARE OF SEGMENTED E-PAPER DISPLAY MARKET DURING FORECAST PERIOD         91

FIGURE 43            RADIO FREQUENCY SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE BETWEEN 2024 AND 2029                 94

FIGURE 44            HARDWARE SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE

DURING FORECAST PERIOD       99

FIGURE 45            INVENTORY & STOCK MANAGEMENT SOFTWARE TO REGISTER HIGHER CAGR DURING FORECAST PERIOD                101

FIGURE 46            RADIO FREQUENCY SEGMENT TO ACCOUNT FOR LARGEST MARKET

DURING FORECAST PERIOD       103

FIGURE 47            LESS THAN 3 INCHES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD                 109

FIGURE 48            RETAIL SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE

DURING FORECAST PERIOD       115

FIGURE 49            HYPERMARKETS TO ACCOUNT FOR LARGEST SHARE OF RETAIL ELECTRONIC SHELF LABELS MARKET DURING FORECAST PERIOD       117

FIGURE 50            EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD        120

FIGURE 51            EUROPE TO BE LARGEST CONSUMER OF ELECTRONIC SHELF LABELS

IN INDUSTRIAL SECTOR               139

FIGURE 52            EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD        144

FIGURE 53            NORTH AMERICA: ELECTRONIC SHELF LABELS MARKET SNAPSHOT       146

FIGURE 54            RETAIL SEGMENT TO DOMINATE ELECTRONIC SHELF LABELS MARKET IN

NORTH AMERICA DURING FORECAST PERIOD  146

FIGURE 55            EUROPE: ELECTRONIC SHELF LABELS MARKET SNAPSHOT          150

FIGURE 56            HYPERMARKETS TO BE LARGEST END USER OF ELECTRONIC SHELF

LABELS IN EUROPE         151

FIGURE 57            ASIA PACIFIC: ELECTRONIC SHELF LABELS MARKET SNAPSHOT       155

FIGURE 58            INDUSTRIAL SEGMENT TO REGISTER HIGHER GROWTH RATE IN ASIA PACIFIC ELECTRONIC SHELF LABELS MARKET               156

FIGURE 59            OTHER RETAIL STORES SEGMENT TO REGISTER HIGHER CAGR

DURING FORECAST PERIOD       160

FIGURE 60            ELECTRONIC SHELF LABELS MARKET SHARE ANALYSIS, 2023  166

FIGURE 61            ELECTRONIC SHELF LABELS MARKET: REVENUE ANALYSIS OF

TOP PLAYERS, 2020–2023                167

FIGURE 62            COMPANY VALUATION, 2024      168

FIGURE 63            FINANCIAL METRICS (EV/EBITDA), 2024                 168

FIGURE 64            BRAND/PRODUCT COMPARISON             169

FIGURE 65            ELECTRONIC SHELF LABELS MARKET: COMPANY EVALUATION

MATRIX (KEY PLAYERS), 2023     171

FIGURE 66            ELECTRONIC SHELF LABELS MARKET: COMPANY FOOTPRINT 172

FIGURE 67            ELECTRONIC SHELF LABELS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023                 178

FIGURE 68            VUSIONGROUP: COMPANY SNAPSHOT 183

FIGURE 69            PRICER: COMPANY SNAPSHOT 188