North America Electronic Shelf Label Market to accrue significant proceeds by 2024
Selbyville, Delaware, United States, November 20 2020 (Wiredrelease) Global Market Insights, Inc :The market study on North America Electronic Shelf Label (ESL) Market provides detailed analysis on this industry including substantial details subject to its overall position in the global landscape and applications across myriad end-user industries.
According to this report, the North America electronic shelf label market was valued at USD 160 million in 2017 and is further projected to record a valuation of USD 440millionby 2024 while depicting a growth rate of 14% over 2019-2024. In line with this, the study also constitutes of crucial information on the current market scenario, developing technologies, widespread competitive landscape, strategies undertaken by market rivals, prospects, and vivid market segmentations.
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Moreover, details regarding growth rendering factors and ongoing technological trends that are expected to drive the overall North American electronic shelf label industry have also been accurately drafted in the research report. The North America electronic shelf label market has been potentially fragmented based on product, technology, application, regions, and competitive landscape, whose in-depth study has also been covered in the report.
LCD product segment was estimated to hold significant share attributed to its low unit costs. The LCD displays offers several variations including 3D and high definition screens. They can store large data amounts and display various product information. IR North America electronic shelf label market is anticipated to grow owing to advantages such as economical costs and high security. Increased utilization of this platform is attributed to its broad communication range and ESL upgradations. IR technology platform supports transmission up to 30 meters of distance ranges ensuring uninterrupted signal transfer.
As per the given document, North America electronic shelf label market has vividly been diversified into regions. The report also includes substantial information on various factors that contribute to the overall market growth, trending growth opportunities, current and predicted CAGRs, technologies being used, robust presence of top-notch companies, regulatory reforms, and individual market share.
Favorable government initiatives in the U.S. towards technological innovation and integration of automated products across all industry verticals is boosting the demand for North America electronic shelf label market. Moreover, the industry is growing by the evolution of logistics sector in the U.S. and Canada. Industrial revolution in the U.S. has created large data evolution capabilities to be used in the production processes and integration in supply chain management. The technology aids in the enhancing the store operations further developing the industry.
The electronic shelf label market in North America is highly consolidated and claims the presence of prominent companies such as LG Innotek, Wincor Nixdorf, Pricer AB, SES Imagotag, M2Communication, CEST, Solu M, and Displaydata. Additionally, the document drafted puts forth details on the sales spectrum of each of these firms, their market tactics to maintain strong foothold in the overall market, individual company profiles and market share, and their stance in the global ecosystem.
Chapter 4.North AmericaElectronic Shelf Label (ESL) Market Size, byProduct, 2013 2024
LCD ESLSegmented e-paper ESLFull graphic e-paper ESL
Chapter 5.North AmericaElectronic Shelf Label (ESL) Market Size, by Technology, 2013 2024
Radio frequency (RF)Infrared (IR)NFCOthers
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