Key Players In Electronic Shelf Label Market, Segmentation, Size, Shares, And Revenue Analysis

PUNE, India - Dec. 27, 2022 - PRLog -- Electronic shelf labels are used by various retailers as an indicator that displays the price product and offers related to the product. There are number of electronic shelf labels in a retail store that are basically controlled by a server, which further makes use of wireless communication network to communicate with the ESL. Shelf label is experiencing fast growth and is emerging advanced technology worldwide. Shelf label allows flexibility to make urgent price changes. Furthermore, every shelf label system consists of E-ink or LCD display that displays the price and UPC of the product. The growing digitalization of retail automation and stores, less-time consuming, cost effectiveness, high demand for price optimization among various retail stores are some of the major factors for the positively uplifting the market growth.

To know the scope of our report get a sample on https://www.axiommrc.com/request-for-sample/10993-electronic-shelf-label-market-report

ELECTRONIC SHELF LABEL MARKET DYNAMICS

Digitalization of stores and prevalence of retail automation has driven market growth. The acceptance of automation in the retail sector has significantly increased due to growth in competition, increased investments in the e-commerce sector along with introduction of new channels to supply various goods and rising wages. Various technologies such as self-checkout terminals, electronic self-labels, automated backroom unloading and self-checking robot's technology are serving a successful rate in the retail industry and supply improved results to the retailers. Store digitalization technology is in a long run as various companies are investing in technologies to improve consumer shopping experiences. The retailers are providing high flexibility to the customers in the entire buying procedure along with smooth transition between physical shopping and digital platforms is gaining importance. Moreover, price sensitivity, has increased the urge to make daily price adjustments for the store owners. Furthermore, high installation expenses and non-supporting infrastructures are restraining the market growth. Although, the usage of electronic price tags in very beneficial, but the basic cost of electronic price tags is quite expensive and not appropriate for installation purpose in all retail stores. Therefore, high installation charges are negatively impacting the market growth.

ELECTRONIC SHELF LABEL MARKET KEY PLAYERS

Some of the major players operating in this market include SES-imagotag (France), E Ink Holdings (Taiwan), Displaydata (UK), Opticon Sensors Europe (Netherlands), Pricer (Sweden),  M2Communication (Taiwan), Diebold Nixdorf (US), Teraoka Seiko (Japan), Samsung Display Solutions (South Korea), and NZ Electronic Shelf Labelling (New Zealand).

Buy now Electronic Shelf Label Market Report https://www.axiommrc.com/buy_now/10993-electronic-shelf-l... (https://www.axiommrc.com/buy_now/10993-electronic-shelf-l...)