DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5gdgwz/electronic_shelf) has announced the addition of the "Electronic Shelf Labels Market - Global Forecast to 2020" report to their offering.
The electronic shelf label (ESL) market size is expected to grow from USD 186.5 Million in 2014 to USD 399.6 Million by 2020, at a CAGR of 14.1% between 2015 and 2020. The growing need for price automation, centralized management, and real-time product positioning are creating huge demand for electronic shelf labels across the world.
The scope of this report covers the market segmented on the basis of product type, communication technology, store type, component, and region. Hypermarkets are expected to have the largest market share and dominate the market from 2015 to 2020. The full-graphic ESL market is expected to grow at the highest growth rate between 2015 and 2020. By using full-graphic ESLs, retailers can project different logos, pictures, clipart, and other promotional graphics to gain customer attention. Moreover, these e-paper labels enable to use different colors to project the information.
The radio frequency communication technology dominated the market, but other emerging technologies, such as NFC and BLE, are also gaining the market because of their advantage to engage with other consumer electronics. Radio frequency is a stable technology for wireless communication in the ESL market and is mostly used to update the labels' display.
Companies Mentioned:
- Advantech U.S., Inc.
- Altierre Corp.
- Displaydata
- E Ink Holdings Inc.
- Imagotag GmbH
- M2COMM
- Pricer AB
- Samsung Electro-Mechanics
- Store Electronic Systems S.A.
- Wincor Nixdorf
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market, By Product Type
8 Market, By Communication Technology
9 Market, By Store Type
10 Market, By Component
11 Geographic Analysis
12 Competitive Landscape
13 Company Profile
For more information visit http://www.researchandmarkets.com/research/5gdgwz/electronic_shelf