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Electronic Shelf Label Market Share

Report ID: GMI1136
Published Date: Jul 2024
Report Format: PDF

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Electronic Shelf Label Market Share

The market features a diverse array of key players contributing to its growth and innovation. Companies like Advantech Co. Ltd., Diebold Nixdorf, and Samsung Electronics Co. Ltd. leverage their expertise in hardware and smart technology to drive advancements in ESL systems. Advantech focuses on integrating ESL solutions with IoT and smart retail environments, while Diebold Nixdorf combines ESL technology with its expertise in banking and retail automation. Samsung Electronics enhances ESL offerings with high-resolution displays and advanced connectivity features.

In addition, Pricer AB and SES-Imagotag are notable for their pioneering work in ESL technology, offering solutions that emphasize real-time data synchronization and enhanced user interfaces. E Ink Holdings Inc. and DisplayData Limited are prominent for their development of e-paper displays, crucial for energy-efficient and readable ESLs. NXP Semiconductors N.V. and LG Innotek contribute advanced semiconductor solutions and display technologies, respectively. SoluM Co. Ltd. and Hanshow Technology Co. Ltd. are significant players in the Asian market, providing innovative ESL systems tailored to diverse retail needs. Collectively, these companies are shaping the ESL market through technological advancements, integration capabilities, and enhanced display solutions.

Electronic Shelf Label Market Companies

Major players operating in the industry are:

Advantech Co. Ltd.
Diebold Nixdorf
Samsung Electronics Co. Ltd.
Pricer AB
NXP Semiconductors N.V.
SES-Imagotag
E Ink Holdings Inc.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The electronic shelf label market was valued at USD 1,617.4 million in 2023 and is anticipated to register over 14.7% CAGR over 2024-2032, driven by the shift towards digital transformation in retail.

The LCD electronic shelf label market accounted for over 38% share in 2023 and will expand rapidly through 2032, as retailers seek innovative ways to enhance operational efficiency and customer engagement.

Asia pacific electronic shelf label market recorded over 35% share in 2023 and will expand rapidly through 2032, due to rapid urbanization, expanding retail networks, and significant investments in smart retail technology.

Advantech Co. Ltd, Diebold Nixdorf, Samsung Electronics Co. Ltd, Pricer AB, NXP Semiconductors N.V., SES-Imagotag, and E Ink Holdings Inc. among others.