The North America Electronic Shelf Labels Market would witness market growth of 12.5% CAGR during the forecast period (2022-2028).
Retail establishments utilize electronic shelf labels (ESL), or digital price tags, to display product prices through wireless networks. ESLs are often fastened to the leading edge of store shelves. Once installed on the shelves, it links directly to the point of sale (POS) and the store's ERP to save human expenses associated with price management, increase pricing accuracy, and allow dynamic pricing. Also, every electronic shelf label (ESL) system contains an LCD or e-ink display that indicates the product's price and UPC.
Retailers could alter prices immediately and in real-time across all locations due to electronic shelf labels, eliminating laborious and error-prone human effort. Using ESLs, merchants improved click and collect, streamlined restocking, and improved pricing efficiency and accuracy. To compete with internet retailers, store owners coordinated pricing and responded fast to market prices. ESLs created a seamless in-store and online buying experience with price transparency by enabling consumers to see accurate pricing and get customized, in-depth product information.
In the North American area, notably in the United States, there are various enterprises and merchants. Opportunities for product uptake are anticipated to arise from the region's retail sector's predicted growth. The market demand is also being boosted by supportive government measures in the United States for technological innovation and integrating automated goods across all industry verticals, particularly in retail automation. Significant data evolution capabilities have been developed in the United States due to the industrial revolution and are now being integrated into supply chain management. With technology, shop operations can be improved, the sector can grow, and ESL can boost operational effectiveness.
The US market dominated the North America Electronic Shelf Labels Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $599.8 Million by 2028. The Canada market is poised to grow at a CAGR of 15% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 14% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Electronic Shelf Labels Market is Predict to reach $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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Electronic Shelf Labels Market, by Component
1.4.2 North America Electronic Shelf Labels Market, by Product Type
1.4.3 North America Electronic Shelf Labels Market, by Communications Technology
1.4.4 North America Electronic Shelf Labels Market, by Application
1.4.5 North America Electronic Shelf Labels Market, by Display Size
1.4.6 North America Electronic Shelf Labels Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Electronic Shelf Labels Market
Chapter 4. North America Electronic Shelf Labels Market by Component
4.1 North America Display Market by Country
4.2 North America Microprocessors Market by Country
4.3 North America Batteries Market by Country
4.4 North America Transceivers Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Electronic Shelf Labels Market by Product Type
5.1 North America Fully Graphic E-paper Displays Market by Country
5.2 North America LCDs Market by Country
5.3 North America Segmented E-paper Displays Market by Country
Chapter 6. North America Electronic Shelf Labels Market by Communications Technology
6.1 North America Radio Frequency Market by Country
6.2 North America Infrared Market by Country
6.3 North America Near-field Communication Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Electronic Shelf Labels Market by Application
7.1 North America Retail Market by Country
7.2 North America Industrial Market by Country
Chapter 8. North America Electronic Shelf Labels Market by Display Size
8.1 North America Less than 3 Inches Market by Country
8.2 North America 3 to 7 Inches Market by Country
8.3 North America 7 to 10 Inches Market by Country
8.4 North America More than 10 Inches Market by Country
Chapter 9. North America Electronic Shelf Labels Market by Country
9.1 US Electronic Shelf Labels Market
9.1.1 US Electronic Shelf Labels Market by Component
9.1.2 US Electronic Shelf Labels Market by Product Type
9.1.3 US Electronic Shelf Labels Market by Communications Technology
9.1.4 US Electronic Shelf Labels Market by Application
9.1.5 US Electronic Shelf Labels Market by Display Size
9.2 Canada Electronic Shelf Labels Market
9.2.1 Canada Electronic Shelf Labels Market by Component
9.2.2 Canada Electronic Shelf Labels Market by Product Type
9.2.3 Canada Electronic Shelf Labels Market by Communications Technology
9.2.4 Canada Electronic Shelf Labels Market by Application
9.2.5 Canada Electronic Shelf Labels Market by Display Size
9.3 Mexico Electronic Shelf Labels Market
9.3.1 Mexico Electronic Shelf Labels Market by Component
9.3.2 Mexico Electronic Shelf Labels Market by Product Type
9.3.3 Mexico Electronic Shelf Labels Market by Communications Technology
9.3.4 Mexico Electronic Shelf Labels Market by Application
9.3.5 Mexico Electronic Shelf Labels Market by Display Size
9.4 Rest of North America Electronic Shelf Labels Market
9.4.1 Rest of North America Electronic Shelf Labels Market by Component
9.4.2 Rest of North America Electronic Shelf Labels Market by Product Type
9.4.3 Rest of North America Electronic Shelf Labels Market by Communications Technology
9.4.4 Rest of North America Electronic Shelf Labels Market by Application
9.4.5 Rest of North America Electronic Shelf Labels Market by Display Size
Chapter 10. Company Profiles
10.1 SES-Imagotag (BOE Technology Group Co., Ltd.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Recent strategies and developments:
10.1.4.1 Partnerships, Collaborations, and Agreements:
10.1.4.2 Product Launches and Product Expansions:
10.2 Opticon Sensors Europe B.V.
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Partnerships, Collaborations, and Agreements:
10.3 Pricer AB
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expense
10.4 Displaydata Limited
10.4.1 Company Overview
10.4.2 Recent strategies and developments:
10.4.2.1 Product Launches and Product Expansions:
10.5 M2Comm
10.5.1 Company Overview
10.6 RAINUS Co., Ltd.
10.6.1 Company Overview
10.7 Shanghai Sunmi Technology Co., Ltd
10.7.1 Company Overview
10.8 Hanshow Technology Co. Ltd
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Product Launches and Product Expansions:
10.9 Solum Co., Ltd
10.9.1 Company Overview
10.10. Teraoka Seika Co., Ltd.
10.10.1 Company Overview
TABLE 1 North America Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 2 North America Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 3 North America Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 4 North America Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 5 North America Display Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Display Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Microprocessors Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Microprocessors Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Batteries Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Batteries Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Transceivers Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Transceivers Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 16 North America Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 17 North America Fully Graphic E-paper Displays Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Fully Graphic E-paper Displays Market by Country, 2022 - 2028, USD Million
TABLE 19 North America LCDs Market by Country, 2018 - 2021, USD Million
TABLE 20 North America LCDs Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Segmented E-paper Displays Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Segmented E-paper Displays Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 24 North America Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 25 North America Radio Frequency Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Radio Frequency Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Infrared Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Infrared Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Near-field Communication Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Near-field Communication Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 34 North America Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 35 North America Retail Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Retail Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 40 North America Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 41 North America Less than 3 Inches Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Less than 3 Inches Market by Country, 2022 - 2028, USD Million
TABLE 43 North America 3 to 7 Inches Market by Country, 2018 - 2021, USD Million
TABLE 44 North America 3 to 7 Inches Market by Country, 2022 - 2028, USD Million
TABLE 45 North America 7 to 10 Inches Market by Country, 2018 - 2021, USD Million
TABLE 46 North America 7 to 10 Inches Market by Country, 2022 - 2028, USD Million
TABLE 47 North America More than 10 Inches Market by Country, 2018 - 2021, USD Million
TABLE 48 North America More than 10 Inches Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Electronic Shelf Labels Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Electronic Shelf Labels Market by Country, 2022 - 2028, USD Million
TABLE 51 US Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 52 US Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 53 US Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 54 US Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 55 US Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 56 US Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 57 US Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 58 US Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 59 US Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 60 US Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 61 US Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 62 US Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 63 Canada Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 64 Canada Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 65 Canada Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 66 Canada Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 67 Canada Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 68 Canada Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 69 Canada Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 70 Canada Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 71 Canada Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 72 Canada Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 73 Canada Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 74 Canada Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 75 Mexico Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 76 Mexico Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 77 Mexico Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 78 Mexico Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 79 Mexico Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 80 Mexico Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 81 Mexico Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 82 Mexico Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 83 Mexico Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 84 Mexico Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 85 Mexico Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 86 Mexico Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 87 Rest of North America Electronic Shelf Labels Market, 2018 - 2021, USD Million
TABLE 88 Rest of North America Electronic Shelf Labels Market, 2022 - 2028, USD Million
TABLE 89 Rest of North America Electronic Shelf Labels Market by Component, 2018 - 2021, USD Million
TABLE 90 Rest of North America Electronic Shelf Labels Market by Component, 2022 - 2028, USD Million
TABLE 91 Rest of North America Electronic Shelf Labels Market by Product Type, 2018 - 2021, USD Million
TABLE 92 Rest of North America Electronic Shelf Labels Market by Product Type, 2022 - 2028, USD Million
TABLE 93 Rest of North America Electronic Shelf Labels Market by Communications Technology, 2018 - 2021, USD Million
TABLE 94 Rest of North America Electronic Shelf Labels Market by Communications Technology, 2022 - 2028, USD Million
TABLE 95 Rest of North America Electronic Shelf Labels Market by Application, 2018 - 2021, USD Million
TABLE 96 Rest of North America Electronic Shelf Labels Market by Application, 2022 - 2028, USD Million
TABLE 97 Rest of North America Electronic Shelf Labels Market by Display Size, 2018 - 2021, USD Million
TABLE 98 Rest of North America Electronic Shelf Labels Market by Display Size, 2022 - 2028, USD Million
TABLE 99 Key Information – SES-Imagotag (BOE Technology Group Co., Ltd.)
TABLE 100 Key Information – Opticon Sensors Europe B.V.
TABLE 101 key information – Pricer AB
TABLE 102 Key Information – Displaydata Limited
TABLE 103 Key Information – M2Comm
TABLE 104 Key Information – RAINUS Co., Ltd.
TABLE 105 Key Information – Shanghai Sunmi Technology Co., Ltd
TABLE 106 Key Information – Hanshow Technology Co. Ltd
TABLE 107 Key Information – Solum Co., Ltd
TABLE 108 Key Information – Teraoka Seika Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: SES-imagotag