North America Electronic Shelf Label Market to grow at 10% CAGR from 2020 to 2026: Graphical Research North America Electronic Shelf Label Market Analysis is estimated to surpass USD 440 million by 2026. 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. 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.
Reliability, ease-of-use, and increased security offered by IR-enabled ESL systems will boost the market growth. This technology has the ability to transmit 90,000 updates in an hour and can be used as bi-directional communication. IR technology is sensitive and can receive & transmit more efficiently compared to the other technologies. The adoption of IR technology in ESL tags reduces interference with other radio frequency devices present in large retail stores. The advent of light-based infrared technology in ESL devices will further propel the segment growth. Prominent companies in the North America electronic shelf label market are LG Innotek, Wincor Nixdorf, Pricer AB, SES Imagotag, M2Communication, CEST, Solu M, and Displaydata. These players focus majorly on making contracts and partnerships with the retail industrial players such as Walmart to gain larger revenue shares in the North America electronic shelf label market. Browse key industry insights from this 2020 report North America Electronic Shelf Label Market in detail along with the table of contents at https://bit.ly/3u4U0Jc
1|Page
https://bit.ly/2PYyIhBhttp://bit.ly/3kDAn6V Segmentation of North America Electronic Shelf Label Market:
North America Electronic Shelf Label (ESL) Market Statistics, By Product o o o
LCD ESL Segmented e-paper ESL Full graphic e-paper ESL
North America Electronic Shelf Label (ESL) Market Growth, By Technology o o o o
Radio frequency (RF) Infrared (IR) NFC Others
North America Electronic Shelf Label (ESL) Market Trends, By Application o o
Industrial Commercial
The above information is provided for the following countries: • •
U.S. Canada
About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
Contact Us:
Parikhit B. Corporate sales, Graphical Research Phone:1-800-986-6917
Email: sales@graphicalresearh.com Web: https://www.graphicalresearch.com/ 2|Page
3|Page