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Global Electronic Shelf Label Market 2018-2022

Global Electronic Shelf Label Market 2018-2022

About Electronic Shelf Label

The electronic shelf label market appears to be moderately concentrated. ESL manufacturers compete intensely in terms of price, quality, regulatory compliance, and innovation. Also, they focus extensively on improving their brand value, labor, technology, capex, and R&D. Intense competition and rapid technological changes impact the performance of the vendors in the digital price labels market. To sustain the competition, the small players are steadily entering in consolidations with the large players. Based on technology the market can be segmented into Radio frequency, Infrared, and Visible Light Technology.

Technavio’s analysts forecast the global electronic shelf label market to grow at a CAGR of 15.07% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global electronic shelf label market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of electronic shelf label.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Electronic Shelf Label Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Altierre
  • Displaydata.com
  • E Ink Holdings
  • Pricer
  • SES-imagotag
  • Teraoka Seiko


  • Other prominent vendors
  • Eltrade
  • NZ Electronic Shelf Labeling
  • S o l u M
  • Wuxi Wei Feng Technology
Market driver
  • Increase in number of retail outlets
  • For a full, detailed list, view our report
Market trend
  • Growing affordability of retailers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Electronic Shelf Label Market 2018-2022

Technavio recognizes the following companies as the key players in the global electronic shelf label market: Altierre, Displaydata.com, E Ink Holdings, Pricer, SES-imagotag, and Teraoka Seiko.

Other Prominent Vendors in the market are: Eltrade, NZ Electronic Shelf Labeling, S o l u M, and Wuxi Wei Feng Technology.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing affordability of retailers. Factors such as flexibility, low power consumption, and low price of ESLs are increasing the affordability for the retailers. Retailers are increasingly demanding for low-cost LCD ESLs due to its low power consumption and bi-stable features. E-paper is gaining prominence as it provides crisp display and supports full graphic imaging. Moreover, this product also works on the communication network that displays the updated price in real-time.”

According to the report, one of the major drivers for this market is increase in number of retail outlets. Major retailers such as Carrefour, Metro, Tesco, and Walmart are focusing on expanding their operations in countries in Africa and APAC. Geographical expansion aids the retailers in acquiring more market presence and shares. Carrefour has already entered a joint venture with CFAO to expand its market operations in several countries. Another prominent player, Seven-Eleven is concentrating on expanding its stores in the US. With the focus of these retailers to expand their geographic reach, the demand for electronic shelf labels will increase in the coming years.

Companies Mentioned

Altierre, Displaydata.com, E Ink Holdings, Pricer, SES-imagotag, Teraoka Seiko, Eltrade, NZ Electronic Shelf Labeling, S o l u M, and Wuxi Wei Feng Technology.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing - 2017
    • Market size and forecast 2017-2022
      • Table Global ESL market- Market size and forecast 2017-2022 ($ mn)
      • Table Global ESL market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (% share of revenue)
    • Comparison by product
      • Table Comparison by product
    • LCD ESLs - Market size and forecast 2017-2022
      • Table LCD ESLs - Market size and forecast 2017-2022 ($ mn)
      • Table LCD ESLs - Year-over-year growth 2018-2022 (%)
    • Full graphic e-paper ESLs - Market size and forecast 2017-2022
      • Table Full graphic e-paper ESLs - Market size and forecast 2017-2022 ($ mn)
      • Table Full graphic e-paper ESLs - Year-over-year growth 2018-2022 (%)
    • Segmented e-paper ESLs - Market size and forecast 2017-2022
      • Table Segmented e-paper ESLs - Market size and forecast 2017-2022 ($ mn)
      • Table Segmented e-paper ESLs - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by technology
    • Segmentation by technology
      • Table Technology - Market share 2017-2022 (%)
    • Comparison by technology
      • Table Comparison by technology
    • Radio frequency - Market size and forecast 2017- 2022
      • Table Radio frequency - Market size and forecast 2017-2022 ($ mn)
      • Table Radio frequency - Year-over-year growth 2017-2022 (%)
    • Infrared - Market size and forecast 2017-2022
      • Table Infrared - Market size and forecast 2017-2022 ($ mn)
      • Table Infrared - Year-over-year growth 2017-2022 (%)
    • Visible light technology - Market size and forecast 2017-2022
      • Table Visible light technology - Market size and forecast 2017-2022 ($ mn)
      • Table Visible light technology - Year-over-year growth 2017-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others - Market size and forecast 2017-2022 ($ mn)
      • Table Others - Year-over-year growth 2017-2022 (%)
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Supermarkets and hypermarkets - Market size and forecast 2017-2022
      • Table Supermarkets and hypermarkets - Market size and forecast 2017-2022 ($ mn)
      • Table Supermarkets and hypermarkets - Year-over-year growth 2018-2022 (%)
    • Convenience stores, department stores, and mass merchants - Market size and forecast 2017-2022
      • Table Convenience stores, department stores, and mass merchants - Market size and forecast 2017-2022 ($ mn)
      • Table Convenience stores, department stores, and mass merchants - Year-over-year growth 2018-2022 (%)
    • Drug stores, pharmacies, and others - Market size and forecast 2017-2022
      • Table Drug stores and pharmacies - Market size and forecast 2017-2022 ($ mn)
      • Table Drug stores and pharmacies - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global ESL market- Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing demand for smart ESLs
    • Increasing affordability factor for retailers
    • Increasing partnership programs for ESL distribution
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Altierre
      • Table Vendor overview
      • Table Altierre - Business segments
      • Table Altierre - Organizational developments
      • Table Altierre- Segment focus
      • Table Altierre - Key offerings
    • Displaydata.com
      • Table Vendor overview
      • Table Displaydata.com - Business segments
      • Table Displaydata.com - Organizational developments
      • Table Displaydata.com - Geographic focus
      • Table Displaydata.com - Segment focus
      • Table Displaydata.com - Key offerings
      • Table Displaydata.com - Key customers
    • E Ink Holdings
      • Table Vendor overview
      • Table E Ink Holdings - Business segments
      • Table E Ink Holdings - Organizational developments
      • Table E Ink Holdings - Geographic focus
      • Table E Ink Holdings - Segment focus
      • Table E Ink Holdings - Key offerings
    • Pricer
      • Table Vendor overview
      • Table Pricer - Business segments
      • Table Pricer - Organizational developments
      • Table Pricer - Geographic focus
      • Table Pricer - Segment focus
      • Table Pricer - Key offerings
      • Table Key customers
    • SES-imagotag
      • Table Vendor overview
      • Table SES-imagotag - Business Segments
      • Table SES-imagotag - Organizational developments (2017 till date of research)
      • Table SES-imagotag - Geographic focus
      • Table SES-imagotag - Segment focus
      • Table SES-imagotag - Key offerings (for market in focus)
      • Table SES-imagotag - Key customers
    • Teraoka Seiko
      • Table Vendor overview
      • Table Teraoka Seiko - Business segments
      • Table Teraoka Seiko - Organizational developments
      • Table Teraoka Seiko - Segment focus
      • Table Teraoka Seiko - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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