In a recent business intelligence study, Fact.MR presents the nitty-gritty of the global electronic shelf label market considering 2013-2017 as the historic year and 2018–2028 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting electronic shelf label market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume. The electronic shelf label market study outlines the key regions – North America, Latin America, Europe and APEJ – along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are MariElla Group, Opticon Sensors Europe B.V., Diebold Nixdorf, Hanshow Technology Co. Ltd., etc.
The electronic shelf label market report addresses the below-mentioned queries:
- Why are vendors shifting away from traditional methods of manufacturing electronic shelf label?
- How does the global electronic shelf label market looks like in the next five years?
- Which end use industry is expected to surpass segment by the end of 2028?
- What innovative products are being introduced by the players in the global electronic shelf label market?
- Which regions are showing the fastest market growth?
On the basis of end use, the electronic shelf label market study incorporates:
- Supermarket and Hypermarket
- Convenience Store
- Department Store
- Specialty Store
Fact.MR foresees that the demand for electronic shelf label is projected to expand at a stellar pace with a CAGR of 21.5% in terms of value throughout the period of forecast, 2018-2026. Sales of electronic shelf label are estimated to cross US$ 1,700 Mn by end of 2026 on the back of surging growth in the retail sector worldwide, says the report.
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Sales of electronic shelf label are likely to remain concentrated in the developed countries of Europe, especially, France, Germany and the United Kingdom. Demand for electronic shelf label in Europe is largely driven by price compliance that has resulted in retailers adopting the technology to avoid penalties. Moreover, demand for electronic shelf label in China is projected to expand at a higher rate during the period of forecast closely followed by North America, says Fact.MR report.
Crucial insights in the electronic shelf label market research:
- Underlying macro- and microeconomic factors impacting the growth of the electronic shelf label market.
- Basic overview of the electronic shelf label, including market definition, classification, and applications.
- Scrutinization of each electronic shelf label market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of electronic shelf label across various industries.
- Important regions and countries offering lucrative opportunities to electronic shelf label market stakeholders.
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