Electronic Shelf Label Market Size, Share & Forecast | 2030 described in a new market report

The Electronic Shelf Label Market size was valued at US$ 2.20 billion in 2022 and is expected to reach US$ 8.37 billion by 2030. The electronic shelf label market is estimated to record a CAGR of 18.2% from 2022 to 2030.

The Europe Electronic Shelf Label Market is segmented into the Germany, UK, France, Italy, Russia, and rest of Europe.

Germany is estimated to hold the largest Electronic Shelf Label Market share during the forecast period. Germany is a highly advanced country with numerous manufacturers from almost all industries. It is also the largest economy in Europe. There are approximately 597 retailers present within the country, out of which Schwarz, Aldi, Metro Cash & Carry, Edeka, Rewe, and Media Market are among the largest retailers across the globe. In Germany, fashion & clothing and consumer electronics categories dominate the market, followed by furniture and other categories. In April 2023, Pricer opened a new production line in Germany to increase production flexibility and capacity; the key factors driving the electronic shelf label market. Therefore, the booming scenario of varied retail stores and increasing production is projected to boost the adoption of ESLs across the country.

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Analysis of the Top Market Players:

1. LabelNest
2. Displaydata Ltd
3. Panasonic Holdings Corp
4. M2C Communication DOO
5. Hanshow Technology
6. Opticon Sensors Europe BV
7. Ses Imagotag SA
8. Samsung Electro-Mechanics Co Ltd
9. Diebold Nixdorf, Incorporated
10. Pricer AB

In this report, the market has been segmented on the basis of:

Components
• Hardware
• Software
• Services

Hardware
• Displays
• Batteries
• Transceivers
• Microprocessors

Product Type
• LCD ESL
• E-Paper Based ESL

Store Type
• Hypermarkets
• Supermarkets
• Non-Food Retail Stores
• Specialty Stores

Communication Technology
• Radio Frequency
• Infrared
• Near Field Communication

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key Electronic Shelf Label Market players that are profiled in this market study.

The overall Electronic Shelf Label Market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Electronic Shelf Label Market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Electronic Shelf Label Market.

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