Los Angeles, CA -- (SBWIRE) -- 04/15/2019 -- 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.

China's Electronic Shelf Label (ESL) System industry is still an undeveloped market. China is a large population country, there are only few manufacturers which can produce the Electronic Shelf Label (ESL) System product. With the popularity of NFC Smartphone, more and more supermarket and retail stores choose the ESL, which is cost effective and more convenient.

The global Electronic Shelf Label System market was 620 million US$ in 2018 and is expected to 1570 million US$ by the end of 2025, growing at a CAGR of 14.2% between 2019 and 2025.

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This report studies the Electronic Shelf Label System market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Electronic Shelf Label System in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

SES (imagotag)

Pricer

SoluM

E Ink

Displaydata

Opticon Sensors Europe B.V

DIGI

Hanshow Technology

LG innotek

Panasonic

Altierre

By the product type, the market is primarily split into

Standard (1-3 inch)

Mid-Large (3.1-7 inch)

Large (7.1-10 inch)

By the end users/application, this report covers the following segments

Department Stores/Mass Merchandise

Grocery/Supermarket

Drug Stores

Specialty Stores

Others

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