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(IT-NEWSWIRE.COM, May 17, 2018 ) 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.
Publisher's analysts forecast the global electronic shelf label market to grow at a CAGR of 15.07% during the period 2018-2022.
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With the growing affordability of retailers, the demand for electronic shelf labels will increase in the coming years. 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.
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
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Market driver -Increase in number of retail outlets
Market trend -Growing affordability of retailers
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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