Electronic Shelf Label Market

Electronic Shelf Label Market Size, Share, Competitive Landscape and Trend Analysis Report by Component, Display Size, Product Type, Technology and Store Type: Global Opportunity and Industry Forecast (2025-2030)

Report ID:

1026

Industry:

Electronics

Published on:

July 2025

1. Electronic Shelf Label Market: Overview

1.1. Study Assumption and Market Definition

1.2. Scope of the Study

1.3. Executive Summary

1.4. Market Size and Market Share by Segments, Region and Country

2. Electronic Shelf Label Market: Market Variables and Key Insights

2.1. Electronic Shelf Label Market Dynamics

2.1.1. Market Trends Analysis

2.1.2. Market Drivers Analysis

2.1.3. Market Challenges Analysis

2.1.4. Market Opportunities Analysis

2.2. Electronic Shelf Label Market Business Tools Analysis

2.2.1. PORTER’s Five Forces Analysis

2.2.2. PESTLE Analysis

2.3. Technology Roadmap

2.4. Value Chain Analysis

2.5. Regulatory Landscape by Region

2.5.1. North America

2.5.2. Europe

2.5.3. Asia Pacific

2.5.4. Middle East and Africa

2.5.5. South America

2.6. Analysis of Telecommunications Schemes and Initiatives on the Global Western Wear Industry

3. Electronic Shelf Label Market: Global Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

3.1. Global Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

3.1.1. Displays

3.1.2. Batteries

3.1.3. Transceivers

3.1.4. Microprocessors

3.1.5. Others

3.2. Global Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

3.2.1. 3 To 7 inches

3.2.2. 7 To 10 inches

3.2.3. More than 10 inches

3.3. Global Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

3.3.1. LCDs

3.3.2. E-paper Displays

3.3.3. Full Graphic E-paper Displays

3.4. Global Electronic Shelf Label Market Size and Forecast, by Technology(2025-2030)

3.4.1. Radio Frequency

3.4.2. Infrared

3.4.3. Near Field Communication

3.4.4. Others

3.5. Global Electronic Shelf Label Market Size and Forecast, by Store Type

3.5.1. Hypermarkets

3.5.2. Supermarkets

3.5.3. Non-Food Retail Stores

3.5.4. Specialty Stores

3.5.5. Others

3.6. Global Electronic Shelf Label Market Size and Forecast, by Country (2025-2030)

3.6.1. North America

3.6.2. Europe

3.6.3. Asia Pacific

3.6.4. Middle East & Africa

3.6.5. South America

4. Electronic Shelf Label Market: North America Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

4.1. North America Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

4.1.1. Displays

4.1.2. Batteries

4.1.3. Transceivers

4.1.4. Microprocessors

4.1.5. Others

4.2. North America Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

4.2.1. Less than 3 inches

4.2.2. 3 To 7 inches

4.2.3. 7 To 10 inches

4.2.4. More than 10 inches

4.3. North America Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

4.3.1. LCDs

4.3.2. E-paper Displays

4.3.3. Full Graphic E-paper Displays

4.4. North America Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

4.4.1. Radio Frequency

4.4.2. Infrared

4.4.3. Near Field Communication

4.4.4. Others

4.5. North America Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

4.5.1. Hypermarkets

4.5.2. Supermarkets

4.5.3. Non-Food Retail Stores

4.5.4. Specialty Stores

4.5.5. Others

4.6. North America Electronic Shelf Label Market Size and Forecast, by Country (2025-2030)

4.6.1. United States

4.6.2. Mexico

4.6.3. Canada

4.6.1.1. United States Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

4.6.1.2. United States Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

4.6.1.3. United States Mexico Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

4.6.1.4. United States Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

4.6.1.5. United States Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

4.6.2.1 Mexico Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

4.6.2.2 Mexico Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

4.6.2.3 Mexico Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

4.6.2.4 Mexico Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

4.6.2.5 Mexico Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

4.6.3.1 Canada Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

4.6.3.2 Canada Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

4.6.3.3 Canada Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

4.6.3.4 Canada Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

4.6.3.5 Canada Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

5. Electronic Shelf Label Market: Europe Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

5.6. Europe Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

5.6.1. Displays

5.6.2. Batteries

5.6.3. Transceivers

5.6.4. Microprocessors

5.6.5. Others

5.7. Europe Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

5.7.1. Less than 3 inches

5.7.2. 3 To 7 inches

5.7.3. 7 To 10 inches

5.7.4. More than 10 inches

5.8. Europe Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

5.8.1. LCDs

5.8.2. E-paper Displays

5.8.3. Full Graphic E-paper Displays

5.9. Europe Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

5.9.1. Radio Frequency

5.9.2. Infrared

5.9.3. Near Field Communication

5.9.4. Others

5.10. Europe Electronic Shelf Label Market Size and Forecast, by Store Type 5.5.1. Hypermarkets

5.5.2. Supermarkets

5.5.3. Non-Food Retail Stores

5.5.4. Specialty Stores

5.5.5. Others

5.6. Europe Electronic Shelf Label Market Size and Forecast, by Country (2025-2030)

5.6.1. United Kingdom

5.6.2. France

5.6.3. Germany

5.6.4. Italy

5.6.5. Spain

5.6.6. Sweden

5.6.7. Russia

5.6.8. Rest of Europe

5.6.1.1 United Kingdom Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

5.6.1.2 United Kingdom Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

5.6.1.3 United Kingdom Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

5.6.1.4 United Kingdom Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

5.6.1.5 United Kingdom Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

5.6.2.1 France Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

5.6.2.2 France Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

5.6.2.3 France Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

5.6.2.4 France Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

5.6.2.5 France Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

5.6.3.1 Germany Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

5.6.3.2 Germany Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

5.6.3.3 Germany Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

5.6.3.4 Germany United Kingdom Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

5.6.3.5 Germany United Kingdom Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

5.6.4.1 Italy Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

5.6.4.2 Italy Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

5.6.4.3 Italy Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

5.6.4.4 Italy Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

5.6.4.5 Italy Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

5.6.5.1 Spain Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

5.6.5.2 Spain Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

5.6.5.3 Spain Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

5.6.5.4 Spain Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

5.6.5.5 Spain Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

5.6.6.1 Sweden Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

5.6.6.2 Sweden Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

5.6.6.3 Sweden Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

5.6.6.4 Sweden Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

5.6.6.5 Sweden Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

5.6.7.1 Russia Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

5.6.7.2 Russia Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

5.6.7.3 Russia Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

5.6.7.4 Russia Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

5.6.7.5 Russia Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

5.6.8.1 Rest of Europe Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

5.6.8.2 Rest of Europe Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

5.6.8.3 Rest of Europe Electronic Shelf Label Market Size and Forecast, Product Type (2025-2030)

5.6.8.4 Rest of Europe Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

5.6.8.5 Rest of Europe Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

6 Electronic Shelf Label Market: Asia Pacific Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

6.1. Europe Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

6.1.1. Displays

6.1.2. Batteries

6.1.3. Transceivers

6.1.4. Microprocessors

6.1.5. Others

6.2. Europe Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

6.2.1. Less than 3 inches

6.2.2. 3 To 7 inches

6.2.3. 7 To 10 inches

6.2.4. More than 10 inches

6.3. Europe Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

6.3.1. LCDs

6.3.2. E-paper Displays

6.3.3. Full Graphic E-paper Displays

6.4. Europe Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

6.4.1. Radio Frequency

6.4.2. Infrared

6.4.3. Near Field Communication

6.4.4. Others

6.5. Europe Electronic Shelf Label Market Size and Forecast, by Store Type Hypermarkets

6.5.1. Supermarkets

6.5.2. Non-Food Retail Stores

6.5.3. Specialty Stores

6.5.4. Others

6.6. Asia Pacific Electronic Shelf Label Market Size and Forecast, by Country (2025-2030)

6.6.1. China

6.6.2. South Korea

6.6.3. Japan

6.6.4. India

6.6.5. Australia

6.6.6. ASEAN

6.6.7. Rest of Asia Pacific

6.6.1.1 China Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

6.6.1.2 China Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

6.6.1.3 China Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

6.6.1.4 China Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

6.6.1.5 China Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

6.6.2.1 South Korea Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

6.6.2.2 South Korea Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

6.6.2.3 South Korea Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

6.6.2.4 South Korea Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

6.6.2.5 South Korea Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

6.6.3.1 Japan Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

6.6.3.2 Japan Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

6.6.3.3 Japan Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

6.6.3.4 Japan Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

6.6.3.5 Japan Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

6.6.4.1 India Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

6.6.4.2 India Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

6.6.4.3 India Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

6.6.4.4 India Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

6.6.4.5 India Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

6.6.5.1 Australia Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

6.6.5.2 Australia Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

6.6.5.3 Australia Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

6.6.5.4 Australia Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

6.6.5.5 Australia Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

6.6.6.1 ASEAN Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

6.6.6.2 ASEAN Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

6.6.6.3 ASEAN Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

6.6.6.4 ASEAN Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

6.6.6.5 ASEAN Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

6.6.7.1 Rest of Asia Pacific Electronic Shelf Label Market Size and Forecast, by C5omponent (2025-2030)

6.6.7.2 Rest of Asia Pacific Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

6.6.7.3 Rest of Asia Pacific Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

6.6.7.4 Rest of Asia Pacific United Kingdom Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

6.6.7.5 Rest of Asia Pacific United Kingdom Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

7 Electronic Shelf Label Market: Middle East & Africa Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

7.1. Middle East & Africa Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

7.1.1. Displays

7.1.2. Batteries

7.1.3. Transceivers

7.1.4. Microprocessors

7.1.5. Others

7.2. Middle East & Africa Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

7.2.1. Less than 3 inches

7.2.2. 3 To 7 inches

7.2.3. 7 To 10 inches

7.2.4. More than 10 inches

7.3. Middle East & Africa Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

7.3.1. LCDs

7.3.2. E-paper Displays

7.3.3. Full Graphic E-paper Displays

7.4. Middle East & Africa Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

7.4.1. Radio Frequency

7.4.2. Infrared

7.4.3. Near Field Communication

7.4.4. Others

7.5. Middle East & Africa Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

7.5.1. Hypermarkets

7.5.2. Supermarkets

7.5.3. Non-Food Retail Stores

7.5.4. Specialty Stores

7.5.5. Others

7.6. Middle East & Africa Electronic Shelf Label Market Size and Forecast, by Country (2025-2030)

7.6.1. South Africa

7.6.2. GCC

7.6.3. Turkey

7.6.4. Rest of ME&A

7.6.1.1 South Africa Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

7.6.1.2 South Africa Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

7.6.1.3 South Africa Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

7.6.1.4 South Africa Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

7.6.1.5 South Africa Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

7.6.2.1 GCC Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

7.6.2.2 GCC Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

7.6.2.3 GCC Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

7.6.2.4 GCC Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

7.6.2.5 GCC Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

7.6.3.1 Turkey Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

7.6.3.2 Turkey Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

7.6.3.3 Turkey Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

7.6.3.4 Turkey Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

7.6.3.5 Turkey Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

7.6.4.1 Rest of ME&A Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

7.6.4.2 Rest of ME&A Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

7.6.4.3 Rest of ME&A Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

7.6.4.4 Rest of ME&A Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

7.6.4.5 Rest of ME&A Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

8 Electronic Shelf Label Market: South America Market Size, Trend Analysis and Forecast (2024-2032) in Value (USD Million)

8.1 South America Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

8.1.1 Displays

8.1.2 Batteries

8.1.3 Transceivers

8.1.4 Microprocessors

8.1.5 Others

8.2 South America Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

8.2.1 Less than 3 inches

8.2.2 3 To 7 inches

8.2.3 7 To 10 inches

8.2.4 More than 10 inches

8.3 South America Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

8.3.1 LCDs

8.3.2 E-paper Displays

8.3.3 Full Graphic E-paper Displays

8.4 South America Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

8.4.1 Radio Frequency

8.4.2 Infrared

8.4.3 Near Field Communication

8.4.4 Others

8.5 South America Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

8.5.1 Hypermarkets

8.5.2 Supermarkets

8.5.3 Non-Food Retail Stores

8.5.4 Specialty Stores

8.5.5 Others

8.6 South America Electronic Shelf Label Market Size and Forecast, by Country (2025-2030)

8.6.1 Brazil

8.6.2 Argentina

8.6.3 Rest of South America

8.6.1.1 Brazil Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

8.6.1.2 Brazil Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

8.6.1.3 Brazil Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

8.6.1.4 Brazil Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

8.6.1.5 Brazil Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

8.6.2.1 Argentina Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

8.6.2.2 Argentina Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

8.6.2.3 Argentina Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

8.6.2.4 Argentina Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

8.6.2.5 Argentina Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

8.6.3.1 Rest of South America Electronic Shelf Label Market Size and Forecast, by Component (2025-2030)

8.6.3.2 Rest of South America Electronic Shelf Label Market Size and Forecast, by Display Size (2025-2030)

8.6.3.3 Rest of South America Electronic Shelf Label Market Size and Forecast, by Product Type (2025-2030)

8.6.3.4 Rest of South America Electronic Shelf Label Market Size and Forecast, by Technology (2025-2030)

8.6.3.5 Rest of South America Electronic Shelf Label Market Size and Forecast, by Store Type (2025-2030)

9 Electronic Shelf Label Market: Competitive Landscape

9.1 JBI Competition Matrix

9.2 Competitive Landscape

9.3 Key Players Benchmarking

9.3.1 Company Name

9.3.2 Product Segment

9.3.3 End-User Segment

9.3.4 Revenue Details

9.3.5 Market Share

9.3.6 Company Locations

9.4 Market Categorisation

9.4.1 Market Leaders

9.4.2 Market Followers

9.4.3 Market Emerging Players

9.4.4 Mergers and Acquisitions Details

9.5 Company Profiles of Leading Market Players (Company Overview, Product Portfolio, Financial Overview, SWOT Analysis, Strategies, Recent Developments, (Based on Availability))

9.5.1 Company Name

9.5.2 Product Segment

9.5.3 End-User Segment

9.5.4 Revenue Details.

9.5.5 Company Locations

9.5.5.1 Infineon Technologies AG

9.5.5.2 NXP Semiconductors N.V.

9.5.5.3 Renesas Electronics Corporation

9.5.5.4 Analog Devices, Inc.

9.5.5.5 Texas Instruments Incorporated

9.5.5.6 Kontron AG

9.5.5.7 Arm Holdings plc

9.5.5.8 Advanced Micro Devices, Inc.

9.5.5.9 NVIDIA Corporation

9.5.5.10 Intel Corporation

9.5.5.11 Qualcomm Technologies Inc.

9.5.5.12 Broadcom Inc.

9.5.5.13 Microchip Technology Inc.

9.5.5.14 STMicroelectronics N.V.

9.5.5.15 Samsung Electronics Co., Ltd

10 Electronic Shelf Label Market: Strategic Recommendations/ Market Opportunities

11 Electronic Shelf Label Market: Key Takeaways

12 Electronic Shelf Label Market: Research Methodology

Note:

• The table of contents is as per our syndicate report aimed at a broader audience, can be modified as per requirements.

• TOC can be amended before delivery as per research updates by the analysts.

Electronic Shelf Label Market Overview:

Electronic shelf labels (ESLs) are digital display systems used in retail circumstances to replace traditional paper price tags on store shelves. These smart labels offer real-time information about product prices, promotions, and other features. The Electronic Shelf Label (ESL) market is gaining traction, owing to the fast digitisation of retail environments and growing demand for real-time pricing and inventory management. Retailers in the supermarket, electronics, fashion, and pharmacy industries are implementing ESL systems to streamline operations, decrease price errors, and boost consumer interaction. From a commercial standpoint, ESL adoption saves up to 70% on labour expenses associated with manual price tagging and allows for 30-50% faster price update cycles across outlets.

Retail chains are also experiencing a 2-5% improvement in sales conversions as a result of improved price accuracy and dynamic promotions enabled by ESLs. Furthermore, investments are emerging in IoT-enabled ESL systems that use NFC, Bluetooth, and e-paper technology and interface with POS, ERP, and inventory systems. Asia-Pacific and Europe are in the forefront of adoption, while North America is catching up with large-scale rollouts by big retailers. Strategic alliances between ESL providers and retail technology companies are growing, indicating a highly competitive and innovation-driven sector.

Electronic Shelf Label Market Dynamics:

Retail automation refers to a set of automated procedures for managing many parts of the retail industry, such as product management, staff management, inventory management, and shop audits. Retailers received major benefits from the sector's technological automation revolution. Also, electronic shelf labels are being used by all retail outlets, including supermarkets, hypermarkets, speciality stores and non-food companies. Additionally, deploying this system in a retail location provides a dynamic pricing solution, reducing labour input by removing manual activities.

Automation has a high return on investment, but it takes a long time to show a profit. As a result, merchants with limited migration budgets are taking longer to implement full automation solutions, which is expected to hinder industry growth. Unorganised industries may find the cost of implementing electronic shelf labelling (ESL) equipment excessive. Retail store growth demands the installation of more shelves, and the retailer must assign one ESL tag to each shelf. As a result, the cost of installing each smart shelf increases. Also new automation technologies increase technological complexity, requiring high-risk deployment, considerable investments, transformation projects, and extended payback times, all of which are expected to limit the ESL market's growth rate.

In April 2023, Walmart claimed that 65% of its stores would be fully automated by the end of 2026. In May 2023, Walmart announced plans to use ESLs in its 500 locations over the next 18 months, which could help the market flourish. According to a research paper published by the United States Postal Service Office of Inspector General in April 2023, the availability of paper products has fluctuated significantly. According to data from the Pulp and Paper Products Council (PPPC), North American printing and writing mills operated at 77% capacity in August 2023, compared to the same period in 2022.

Electronic Shelf Label Market Segment Analysis:

The Electronic Shelf Label Market Segmented into by Component, Display Size, Product Type, Technology and Store Type

By Product Type

Based on Product Type, the Electronic Shelf Label market is segmented into LCDs, E-paper Displays and Full Graphic E-paper Displays. Full-graphic e-Paper units, which benefit from high contrast readability under varying lighting conditions and colour graphics that complement brand imagery, scored the quickest 20.5% CAGR forecasts. Due to scale economics and respectable performance for price-led formats, LCD maintained a 52% market share in 2024. With the aid of declining pigment costs and improved consumer engagement metrics, the full-graphic e-Paper electronic shelf label market is anticipated to grow to over half of the segment's revenue by 2030.

While discount banners continue to favour LCD because upfront costs are still 15–20% lower, retailers with premium assortments value the option to combine promotional artwork with dynamic pricing. By providing black-white-red palettes that enhance call-out visibility without incurring the full cost of multi-color matrices, Segmented e-Paper fills this gap. Advancements in technology, like the 75-inch Spectra 6 panel, demonstrate how digital signage and shelf labels are merging into a single set of in-store media assets. [1]E Ink Holdings, "Announcement for Spectra 6 Large Colour ePaper," eink.com Even if unit prices stay higher than legacy LCD, the dual themes of energy saving and experiential marketing will influence many merchants to choose richer display types over the course of the forecast period.

By Component Type

Based on Component Type, The Electronic Shelf Label market is segmented into Displays, Batteries, Transceivers, Microprocessors and Others. In 2024, displays led the global market, accounting for more than 31.23%. Display components in ESLs are the major mechanism by which customers receive product information, prices, and promotions. The quality and clarity of displays have a direct impact on ESLs' ability to provide real-time and accurate information, which contributes to their significant market dominance. The display component in ESL provides versatility in terms of customisation, contributing to its expected growth rate of 16.0% throughout the forecast period.

By Technology

Based on Technology, The Electronic Shelf Label market is segmented into Radio Frequency, Infrared, Near Field Communication and Others. In terms of revenue, the RF segment dominated the market, accounting for more than 46.20% of the total in 2023. The RF communication technology allows for wireless connectivity between ESLs and central management systems. It allows real-time data updates, allowing merchants to respond swiftly to changing market situations, implement dynamic pricing strategies, and deliver correct product information to customers. The infrared subsegment is predicted to grow at a CAGR of 15.7% throughout the forecast period. Infrared communication can provide fast data transfer speeds. Infrared communication can be secure, especially when a clear line of sight is necessary for transmission. This attribute may make it appropriate for secure data transport in ESL systems.

Electronic Shelf Label Market Regional analysis

The Asia Pacific market for electronic shelf labels had a substantial revenue share in 2023 as of the strong demand from the retail electronics industry. The region's retail industry operators are adopting Industry 4.0, which integrates cultured digital technologies into manufacturing and industrial processes, as a result of the changing demands of their customers. It includes Big Data, IoT networks, automation, and robotics. Positive growth prospects for the ESLs market are presented by retail businesses' use of Industry 4.0 technology. It may be appropriate for safe data transmission in ESL systems. China's electronic shelf label market will account for more than 30.67% of the total in 2023. In addition, China's retail sector has grown significantly, with the growth of modern retail formats such as supermarkets, hypermarkets, and convenience stores.

Electronic Shelf Label Market Competitive analysis

This market exhibits both consolidation and fragmentation features, with major companies having a strong global presence. There are also regional players who target specific countries or regions. These businesses frequently have a diverse range of products, large customer bases, and a sizable market share. Market participants' primary objectives include new product launches and collaborations with end users. Minew's STag58P, an electronic shelf label for medical, warehouse, smart office, and retail applications, was launched in September 2023 through a strategic relationship with Nordic Design Partner. This new device employs Bluetooth 5.4 and the nRF52833 SoC, which allows the pricing of thousands of products to be changed simultaneously

Key Players –

Vusion Group
Zkong Networks
SOLUM
Pricer AB
Teraoka (Pty) Ltd.
Display data Ltd.
M2COMM
Opticon
RAINUS
SUNMI Technology Co., Ltd.
ComQi
Hanshow Technology
SUNLUX IOT TECHNOLOGY(GUANGDONG) INC
Minewtag
MINEW

Frequently Ask Questions –

1) What is driving the demand for Electronic Shelf Labels (ESLs)?

Ans - Real-time price updates, labor cost savings, and pricing accuracy are key growth drivers. Retailers are shifting to automation for better efficiency and customer engagement.

2) Which industries, besides retail, are adopting ESLs?

Ans - Healthcare, logistics, and electronics sectors are using ESLs for inventory and tracking. They help improve operational control and reduce manual errors.

3) What are the major challenges in ESL adoption?

Ans - High setup costs and integration with existing systems are key hurdles. Battery maintenance and cybersecurity are also growing concerns.

4) What benefits do ESLs offer to businesses?

Ans - They enable faster pricing, reduce manual work, and support sustainability goals. Businesses gain better inventory visibility and improved profit margins.

5) Which regions are seeing rapid ESL market growth?

Ans - Asia-Pacific and Europe lead due to smart retail adoption and labor cost concerns. North America is catching up with tech-driven retail transformation.

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