Los Angeles, CA -- (SBWIRE) -- 02/09/2019 -- Electronic Shelf Label, also known by the acronym ESL. It is the latest solution for inventory and price management in the retail sector, based on the use of advanced IT technology. ESL replaces conventional paper price tags attached to the shelves of supermarkets and department stores with, for example, LCDs and electronic paper (E-paper) that show information on product price, sales promotions, etc.

ESL takes advantage of Zigbee, a low-power wireless communication technology, to keep product prices updated in real time. ESL consists of an e-paper equipped tag and gateway which delivers product information. The central server transmits information of each product to the gateway, which in turn sends such information to thousands of tags at the same time.

An electronic shelf label includes a transceiver configured to communicate with a plurality of wireless data tags associated with a plurality of retail products.

At present, in developed countries, the Electronic Shelf Label (ESL) industry is generally at a more advanced level. The world's largest enterprises are mainly concentrated in Europe. Meanwhile, foreign companies have more advanced R & D capability and leading technical level. However, foreign companies' manufacturing cost is relatively higher, compared with Asia companies.

In the coming years, Electronic Shelf Label (ESL) market is expected to witness the highest growth rate in the Asia-Pacific region, especially in China. China has about 100 thousand chain supermarket and the penetration rate of ESL is small.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions' unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

The global Electronic Shelf Label (ESL) market is valued at 630 million US$ in 2018 is expected to reach 2490 million US$ by the end of 2025, growing at a CAGR of 18.8% during 2019-2025.

This report focuses on Electronic Shelf Label (ESL) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electronic Shelf Label (ESL) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

Get PDF Report Template @ https://www.qyresearch.com/sample-form/form/960321/global-electronic-shelf-label-esl-industry-chain-research-report

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

SES (imagotag)

Pricer

Samsung

E Ink

Displaydata

Opticon Sensors Europe B.V

DIGI

Hanshow Technology

LG innotek

Panasonic

Altierre

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Standard (1-3 inch)

Mid-Large (3.1-7 inch)

Large (7.1-10 inch)

Segment by Application

Department Stores/Mass Merchandise

Grocery/Supermarket

Drug Stores

Specialty Stores

Others
Get Complete Report in your Inbox within 24 hours @ https://www.qyresearch.com/settlement/pre/09ad0c3e959a93048e2a8bf15b857c43,0,1,Global%20Electronic%20Shelf%20Label%20ESL%20Industry%20Chain%20Research%20Report%202019

Benefits of Purchasing QY Research Report

Analyst Support: Get you query resolved from our expert analysts before and after purchasing the report
Customer's Satisfaction: Our expert team will assist with all your research needs and customize the report
Inimitable Expertise: Analysts will provide deep insights about the reports
Assured Quality: We focus on the quality and accuracy of the report
About QYResearch
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.