The Europe Electronic Shelf Labels Market would witness market growth of 11.7% CAGR during the forecast period (2022-2028).
The retail industry has grown exponentially over the last several years, driven by changes in customer behavior, rising disposable incomes, and a growing convergence of online and offline retail formats. Retailers have had to adapt as consumers increasingly demand to stay relevant for their clients by changing their offerings, marketing strategies, presence, and appeal. The future transformation will be fueled by technology; therefore, merchants must invest in the necessary infrastructure and seek to upgrade their facilities.
In addition, technology will advance the sector, eliminating physical contact, from checkout-free to touch-free purchasing, merchandise, to transactions. Thus, the continued potential in the retail industry might significantly influence the deployment of ESLs.
Electronic product labels make it easier for customers to obtain product information and use NFC or mobile devices to make quick payments. Reading the label instructs the customer's phone to go to the product webpage for further details using built-in NFC. Also, the customer may pay instantly, eliminating the need to stand in line at the cash register. More people will embrace electronic labeling as retailers prioritize using digital technology to increase revenues.
The EU economy places great importance on retail and wholesale services. For practically every firm, digital transformation is a necessary development component, and contemporary retail needs it more than ever. By incorporating online storefronts, digital payments, and other products of innovation in the retail sector, retailers are enhancing the physical shopping experience with technology and opening up new income streams. To fight the region's fierce rivalry, grocery merchants employ AI technology. Kaufland, for example, uses dynamic pricing utilizing electronic shelf labels and AI to analyze vast quantities of data, including the prices of rivals, to adjust prices and create shop promotions instantaneously. This supports the growth of the regional market.
The Germany market dominated the Europe Electronic Shelf Labels Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $209.8 Million by 2028. The UK market is anticipated to grow at a CAGR of 10.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 12.6% during (2022 - 2028).
Based on Component, the market is segmented into Display, Microprocessors, Batteries, Transceivers and Others. Based on Product Type, the market is segmented into Fully Graphic E-paper Displays, LCDs and Segmented E-paper Displays. Based on Communications Technology, the market is segmented into Radio Frequency, Infrared, Near-field Communication and Others. Based on Application, the market is segmented into Retail and Industrial. Based on Display Size, the market is segmented into Less than 3 Inches, 3 to 7 Inches, 7 to 10 Inches and More than 10 Inches. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Electronic Shelf Labels Market will Hit $2.7 Billion by 2028, at a CAGR of 13.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SES-Imagotag (BOE Technology Group Co., Ltd.), Opticon Sensors Europe B.V., Pricer AB, Displaydata Limited, M2Comm, Rainus Co., Ltd., Shanghai Sunmi Technology Co., Ltd., Hanshow Technology Co. Ltd., Solum Co., Ltd, and Teraoka Seika Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Display
- Microprocessors
- Batteries
- Transceivers
- Others
By Product Type
- Fully Graphic E-paper Displays
- LCDs
- Segmented E-paper Displays
By Communications Technology
- Radio Frequency
- Infrared
- Near-field Communication
- Others
By Application
By Display Size
- Less than 3 Inches
- 3 to 7 Inches
- 7 to 10 Inches
- More than 10 Inches
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- SES-Imagotag (BOE Technology Group Co., Ltd.)
- Opticon Sensors Europe B.V.
- Pricer AB
- Displaydata Limited
- M2Comm
- Rainus Co., Ltd.
- Shanghai Sunmi Technology Co., Ltd.
- Hanshow Technology Co. Ltd.
- Solum Co., Ltd
- Teraoka Seika Co., Ltd.
TABLE 1 Europe Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 2 Europe Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 3 Europe Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 4 Europe Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 5 Europe Display Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Display Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Microprocessors Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Microprocessors Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Batteries Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Batteries Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Transceivers Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Transceivers Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 16 Europe Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 17 Europe Fully Graphic E-paper Displays Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Fully Graphic E-paper Displays Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe LCDs Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe LCDs Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Segmented E-paper Displays Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Segmented E-paper Displays Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 24 Europe Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 25 Europe Radio Frequency Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Radio Frequency Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Infrared Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Infrared Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Near-field Communication Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Near-field Communication Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 34 Europe Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 35 Europe Retail Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Retail Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Industrial Market by Country, 2018 - 2021, USD Million
TABLE 38 Europe Industrial Market by Country, 2022 - 2028, USD Million
TABLE 39 Europe Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 40 Europe Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 41 Europe Less than 3 Inches Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe Less than 3 Inches Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe 3 to 7 Inches Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe 3 to 7 Inches Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe 7 to 10 Inches Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe 7 to 10 Inches Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe More than 10 Inches Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe More than 10 Inches Market by Country, 2022 - 2028, USD Million
TABLE 49 Europe Electronic Shelf Labels Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe Electronic Shelf Labels Market by Country, 2022 - 2028, USD Million
TABLE 51 Germany Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 52 Germany Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 53 Germany Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 54 Germany Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 55 Germany Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 56 Germany Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 57 Germany Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 58 Germany Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 59 Germany Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 60 Germany Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 61 Germany Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 62 Germany Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 63 UK Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 64 UK Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 65 UK Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 66 UK Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 67 UK Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 68 UK Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 69 UK Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 70 UK Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 71 UK Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 72 UK Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 73 UK Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 74 UK Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 75 France Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 76 France Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 77 France Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 78 France Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 79 France Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 80 France Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 81 France Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 82 France Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 83 France Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 84 France Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 85 France Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 86 France Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 87 Russia Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 88 Russia Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 89 Russia Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 90 Russia Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 91 Russia Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 92 Russia Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 93 Russia Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 94 Russia Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 95 Russia Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 96 Russia Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 97 Russia Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 98 Russia Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 99 Spain Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 100 Spain Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 101 Spain Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 102 Spain Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 103 Spain Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 104 Spain Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 105 Spain Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 106 Spain Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 107 Spain Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 108 Spain Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 109 Spain Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 110 Spain Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 111 Italy Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 112 Italy Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 113 Italy Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 114 Italy Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 115 Italy Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 116 Italy Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 117 Italy Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 118 Italy Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 119 Italy Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 120 Italy Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 121 Italy Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 122 Italy Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 123 Rest of Europe Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 124 Rest of Europe Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 125 Rest of Europe Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 126 Rest of Europe Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 127 Rest of Europe Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 128 Rest of Europe Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 129 Rest of Europe Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 130 Rest of Europe Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 131 Rest of Europe Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 132 Rest of Europe Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 133 Rest of Europe Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 134 Rest of Europe Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 135 Key Information – SES-Imagotag (BOE Technology Group Co., Ltd.)
TABLE 136 Key Information – Opticon Sensors Europe B.V.
TABLE 137 key information – Pricer AB
TABLE 138 Key Information – Displaydata Limited
TABLE 139 Key Information – M2Comm
TABLE 140 Key Information – RAINUS Co., Ltd.
TABLE 141 Key Information – Shanghai Sunmi Technology Co., Ltd
TABLE 142 Key Information – Hanshow Technology Co. Ltd
TABLE 143 Key Information – Solum Co., Ltd
TABLE 144 Key Information – Teraoka Seika Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: SES-imagotag