Electronic Shelf Label Market Sales, Supply and Consumption 2019 Analysis and Forecasts to 2027

At the beginning of a recently published report on the Electronic Shelf Label Market 2019-2027, an extensive analysis of the industry has been done with an insightful explanation. The overview has explained the potential of the market and the role of key players that have been portrayed in the information that revealed the applications and manufacturing technology required for the growth of the Electronic Shelf Label Market
Various segments of the market have been divided into different divisions. They have been depicted the maximum share and profit maximization of the industry during the forecasting period of 2019 to 2027. This is mentioned in the report too. Depending on the information, it has been recognized with different data and figures offered by the analysis of the overall understanding of the marketplace and value. Various distinctive features involve the market's knowledge based on the factors like demographic changes, dimensions, historical details, and overviews. The research is also included in the strategic movements that are undertaken by the top-notch markets.
The Global Electronic Shelf Label (ESL) Market size was USD 630.8 million in 2019 and is projected to reach USD 2,857.6 million by 2027, expected to grow at a CAGR of 20.8% during the forecast period.
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List of Key Companies Profiled in the Electronic Shelf Label Market Report:
• NZ Electronic Shelf Labelling Ltd. (Kapiti, New Zealand)
• Cest Co., Ltd. (Daegu, South Korea)
• Teraoka Seiko Co., Ltd (Tokyo, Japan)
• Opticon Sensors Europe B.V. (Hoofddorp, Netherlands)
• Displaydata Limited (United Kingdom)
• Pricer AB (Sweden)
• TroniTAG GmbH (Isselburg, Germany)
• Diebold Nixdorf, Inc. (Ohio, United States)
• M2COMM (Hsinchu, Taiwan)
• LG Innotek (South Korea)
• E Ink Holdings Inc. (Hsinchu, Taiwan)
• Altierre Corporation (San Francisco, United States)
• Zhejiang Hanshow Technology Co., Ltd (Jiaxing, China)
• SES-imagotag (France)
• Retail Solutions Pro DBA (Florida, United States)
• Solum ESL (Hesse, Germany)

Scope of the Report:
• Electronic Shelf Label Market 2021 global industry research report is a professional and in-depth study on the Advanced Traffic Management Systems trends, share, size, growth, as well as industry analysis. Furthermore, the size, the revenue shares of each segment and its sub-segments, as well as forecast figures are also covered in this report.
• The Global Electronic Shelf Label Market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions' development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue, and gross margins.
• The financial parameters which are assessed include the sales, profits, and the overall revenue generated by the key players of the industry. Furthermore, the report offers a detailed analysis and information as per Electronic Shelf Label Market Growth Analysis by manufacturers, segments helping our readers to get a comprehensive overview of the global

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Market Restraint

Reduced Footfalls in Physical Stores amid COVID-19 to Dampen Market Prospects

With governments around the globe imposing strict social distancing measures, fears of contracting the infection mounting, and severe economic downturn caused by the COVID-19 pandemic, physical retail outlets have been forced to grapple with sharp declines in footfall traffic. According to the London-based research initiative, UK in a Changing Europe, footfall in retail stores has slumped by 85%, since the announcement of lockdown in the country. Declining sales and falling demand forced high street retailers such as Oasis and Warehouse to shut down their stores across the UK. In India, retailers such as the Prestige Group reported a staggering drop of in want-based purchases, which drive 80% of sales in the country. These drastic developments have forced companies and retail franchises to delay or cancel their ESL deployment plans, which will inevitably hamper the electronic shelf label market growth.

Regional Insights

Strong Consumer Protection Laws to Propel the Market in Europe

Europe is expected to dominate the electronic shelf label market share during the forecast period owing to the stringent implementation of consumer protection laws in the European Union (EU). In France, for instance, the Consumer Code mandates businesses to clearly display price information of products. Such rules are pushing retail stores to install ESL systems to ensure price transparency. The region's market size in 2019 stood at USD 304.0 million.
Latin America is expected to emerge as a major hub for this market on account of the large presence of physical retail stores and warehouses, especially in Brazil, Argentina, and Mexico. The market is anticipated to substantial gains in North America, with the growing trend of buying online and pick up in-store (BIOPS).
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Competitive Landscape
Geographic Expansion via Collaborations to be the Top Growth Strategy for Key Players
The key players in this market are increasingly engaging in collaborations to strategically expand their presence and operations in lucrative, burgeoning regions. These collaborations are also allowing companies to diversify their offerings and cater to a wider set of consumers.

Industry Developments:
• July 2020: Pricer AB and the Canadian Tire Dealer Association (CTDA) inked a Master Framework Agreement, under which Pricer will be the exclusive supplier of electronic shelf label systems to the CTDA. Pricer will deliver the first tranche of the agreement, deploying ESL systems across 38 stores in the country.
• February 2020: Hanshow Technology and Switzerland-based Bison Schweiz AG signed a distribution agreement to collaboratively develop the markets in Switzerland and Germany. Under the partnership, the companies will combine Hanshow's world-class ESL solutions with Bison's top-grade ESL systems to lead the digitization trends in the European retail industry.

Table of Content
• Introduction
o Definition, By Segment
o Research Methodology/Approach
o Data Sources
• Key Takeaways
• Market Dynamics
o Macro and Micro Economic Indicators
o Drivers, Restraints, Opportunities, and Trends
o Impact of COVID-19
 Short-term Impact
 Long-term Impact
• Competition Landscape
o Business Strategies Adopted by Key Players
o Consolidated SWOT Analysis of Key Players
o Porter's Five Force Analysis
o Supply chain Analysis
o Global Market Share Analysis and Matrix, 2019
• Key Market Insights and Strategic Recommendations
• Profiles of Key Players (Would be provided for 10 players only)
o Overview
 Key Management
 Headquarters etc
o Offerings/Business Segments
o Key Details (Key details are subjected to data available in the public domain and/or on paid databases)
 Employee Size
 Key Financials
 Past and Current Revenue
 Gross Margin
 Geographical Share
 Business Segment Share
TOC Continued…
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