The advanced product will boost RoI for small and medium retail firms. The market uptake of LCD-based electronic shelf labels will be noticeable in convenience store, pharmacies and hypermarket in the U.S. LCD-based ESLs to propel revenue stream in North America Heightened competition among retailers to use latest technologies will propel ESL adoption in Europe. IR ESLs are sought-after in applications which demand advanced functionalities, longevity, and reliability. Leading companies are gearing to inject funds in IR-enabled ESLs for the technology boosts fast connectivity and sustainability. Expanding footfall of automation across the commercial and industrial sectors is testimony of a robust industry outlook in the region. With the high readability in all lighting conditions and long battery life, the ESLs will gain ground in the U.K., Denmark, and Germany.
#ELECTRONIC SHELF FULL#
Application of ESL technology will continue to surge in the industrial sector, driving the market size expansion in the region.Īccess sample pages of the report, “Europe Electronic Shelf Label Market Forecasts 2026” in detail along with the table of contents (ToC) graphic e-paper ESLs to gain uptick in EuropeĪ palpable trend for full graphic e-paper ESLs to provide wide viewing angles and enhanced visibility will continue to remain in the mix in the landscape. The market presence of IoT technology will be palpable in the industrial sector to leverage automation. The trend for electronic shelf label in industrial sector will remain instrumental in Germany, France, Sweden, and Italy. With the rise in NFC-enabled smartphones, demand for ESLs which can interact digitally with other NFC-enabled devices has surged in the past several years. have shown traction for the NFC technology. NFC technology to boost revenue stream in EuropeĬonsidering the trend to facilitate instant price updates at any time, retailers in the EU and the U.K. Some of the regional trends which are likely to have an influence on the global outlook are delineated below: In terms of revenue, the global electronic shelf label (ESL) market is forecast to witness a substantial gain by 2026. Expanding footprint of digitalization across the retail sector will bode well for leading companies vying to expand their market uptake. retail sales observed a 3.5% surge in 2019 vis-à-vis the preceding year. Retail stores have exhibited increased traction for advanced technologies to boost customer service. Moreover, the trend for IoT and ESL-supported dynamic price adjustment and low maintenance will help stakeholders boost RoI. The global electronic shelf label market size is predicted to observe significant gains during the forecast period owing to thriving retail sector and the demand for real-time price adjustments.
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