According to a new report published by Allied Market Research, titled, "LCD shelf label Market," The lcd shelf label market was valued at $387.87 million in 2022, and is estimated to reach $1.5 billion by 2032, growing at a CAGR of 14.5% from 2023 to 2032.
In recent years, the prices of LCD shelf screens have significantly dropped, further driving the adoption of this technology in ESL displays. The reduced costs have made it more feasible for retailers to implement LCD-based solutions, enhancing their overall customer experience and operational efficiency.
A notable example of the advancements in LCD technology is the launch of the 10.1" Zkong Dual Screen LCD Digital Signage by ZKONG in July 2022. This innovative product features two screens that can display different contents simultaneously, offering a unique and captivating visual experience. Supported by a rich library of templates and multi-screen co-display capabilities, the Zkong Dual Screen LCD Digital Signage enables users to bring their creative ideas to life and captivate their audience with engaging and informative displays.
However, the reliance on wireless connectivity for LCD shelf labels acts as a restraint in the market. Retailers must ensure consistent and reliable network coverage throughout their stores to support the seamless operation of the labels. However, achieving adequate coverage can be difficult in large retail environments or areas with limited network availability. The need for extensive network infrastructure and potential limitations in certain locations can increase the complexity and cost of implementing LCD shelf labels. These connectivity and infrastructure requirements may serve as barriers for some retailers, limiting the widespread adoption of this technology in certain market segments or geographical areas.
Despite this constraint, customization and personalization are key factors that have created significant opportunities for the growth of the LCD shelf label market. LCD shelf labels provide retailers with the flexibility to customize and personalize the display and content according to their branding requirements. This level of customization allows retailers to create a consistent and cohesive visual identity across their stores, reinforcing their brand image. Additionally, LCD shelf labels enable retailers to display product information in multiple languages, catering to a diverse customer base and enhancing accessibility. Moreover, personalized offers based on individual customer preferences can be displayed on the labels, creating a more engaging and targeted shopping experience. By leveraging these customization and personalization capabilities, retailers can differentiate themselves in the market, improve customer satisfaction, and ultimately drive sales.
The LCD shelf label market is segmented on the basis of component, display size, communication technology, store type, and region. By component, it is divided into displays, batteries, transceivers, microprocessors, and others. By display size, it is categorized into less than 3-inch, 3-inch to 7-inch, 7-inch to 10-inch, and more than 10-inch. By communication technology, it is segmented into radio frequency, infrared, near field communication, and others. By store type, it is classified into hypermarkets, supermarkets, non-food retail stores, specialty stores, and others. By region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific) and LAMEA (Latin America, Middle East, and Africa).
The Major companies profiled in the report include: RECHI Retail System Solutions Limited, SES-imagotag, Zkong, Hanshow Technology, ZhSunyco, Highlight, ACLAS, Diebold Nixdorf, Incorporated., Samsung Electro-Mechanics Co Ltd., and Displaydata Limited.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the lcd shelf label market analysis from 2022 to 2032 to identify the prevailing lcd shelf label market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the lcd shelf label market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global lcd shelf label market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
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Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)
- Product Benchmarking / Product specification and applications
- Product Life Cycles
- Supply Chain Analysis & Vendor Margins
- Upcoming/New Entrant by Regions
- Market share analysis of players by products/segments
- New Product Development/ Product Matrix of Key Players
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- Market share analysis of players at global/region/country level
Key Market Segments
By component
- Displays
- Batteries
- Transceivers
- Microprocessors
- Others
By display size
- Less than 3-inch
- 3-inch to 7-inch
- 7-inch to 10-inch
- More than 10-inch
By communication technology
- Radio Frequency
- Infrared
- Near Field Communication
- Others
By store type
- Non-food Retail Stores
- Specialty Stores
- Others
- Hypermarkets
- Supermarkets
By Region
- North America
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- ACLAS (Xiamen Pinnacle Electrical Co., Ltd)
- Diebold Nixdorf, Incorporated.
- Displaydata Limited
- Hanshow Technology
- Highlight Manufacturing Corp., Ltd
- RECHI Retail System Solutions Limited
- Samsung Electro-Mechanics Co Ltd.
- SES-imagotag SA
- ZhSunyco
- Zkong
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. High threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Moderate-to-high intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Enhanced pricing accuracy
- 3.4.1.2. Operational efficiency
- 3.4.2. Restraints
- 3.4.2.1. Initial investment costs
- 3.4.3. Opportunities
- 3.4.3.1. Data-driven Insights
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: LCD SHELF LABEL MARKET, BY COMPONENT
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Displays
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Batteries
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Transceivers
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Microprocessors
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Others
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
CHAPTER 5: LCD SHELF LABEL MARKET, BY DISPLAY SIZE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Less than 3-inch
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. 3-inch to 7-inch
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. 7-inch to 10-inch
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. More than 10-inch
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
CHAPTER 6: LCD SHELF LABEL MARKET, BY COMMUNICATION TECHNOLOGY
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Radio Frequency
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Infrared
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Near Field Communication
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
CHAPTER 7: LCD SHELF LABEL MARKET, BY STORE TYPE
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Hypermarkets
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Supermarkets
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Non-food Retail Stores
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
- 7.5. Specialty Stores
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
- 7.6. Others
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country
CHAPTER 8: LCD SHELF LABEL MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by component
- 8.2.3. Market size and forecast, by display size
- 8.2.4. Market size and forecast, by communication technology
- 8.2.5. Market size and forecast, by store type
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Key market trends, growth factors and opportunities
- 8.2.6.1.2. Market size and forecast, by component
- 8.2.6.1.3. Market size and forecast, by display size
- 8.2.6.1.4. Market size and forecast, by communication technology
- 8.2.6.1.5. Market size and forecast, by store type
- 8.2.6.2. Canada
- 8.2.6.2.1. Key market trends, growth factors and opportunities
- 8.2.6.2.2. Market size and forecast, by component
- 8.2.6.2.3. Market size and forecast, by display size
- 8.2.6.2.4. Market size and forecast, by communication technology
- 8.2.6.2.5. Market size and forecast, by store type
- 8.2.6.3. Mexico
- 8.2.6.3.1. Key market trends, growth factors and opportunities
- 8.2.6.3.2. Market size and forecast, by component
- 8.2.6.3.3. Market size and forecast, by display size
- 8.2.6.3.4. Market size and forecast, by communication technology
- 8.2.6.3.5. Market size and forecast, by store type
- 8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by component
- 8.3.3. Market size and forecast, by display size
- 8.3.4. Market size and forecast, by communication technology
- 8.3.5. Market size and forecast, by store type
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. UK
- 8.3.6.1.1. Key market trends, growth factors and opportunities
- 8.3.6.1.2. Market size and forecast, by component
- 8.3.6.1.3. Market size and forecast, by display size
- 8.3.6.1.4. Market size and forecast, by communication technology
- 8.3.6.1.5. Market size and forecast, by store type
- 8.3.6.2. Germany
- 8.3.6.2.1. Key market trends, growth factors and opportunities
- 8.3.6.2.2. Market size and forecast, by component
- 8.3.6.2.3. Market size and forecast, by display size
- 8.3.6.2.4. Market size and forecast, by communication technology
- 8.3.6.2.5. Market size and forecast, by store type
- 8.3.6.3. France
- 8.3.6.3.1. Key market trends, growth factors and opportunities
- 8.3.6.3.2. Market size and forecast, by component
- 8.3.6.3.3. Market size and forecast, by display size
- 8.3.6.3.4. Market size and forecast, by communication technology
- 8.3.6.3.5. Market size and forecast, by store type
- 8.3.6.4. Rest of Europe
- 8.3.6.4.1. Key market trends, growth factors and opportunities
- 8.3.6.4.2. Market size and forecast, by component
- 8.3.6.4.3. Market size and forecast, by display size
- 8.3.6.4.4. Market size and forecast, by communication technology
- 8.3.6.4.5. Market size and forecast, by store type
- 8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by component
- 8.4.3. Market size and forecast, by display size
- 8.4.4. Market size and forecast, by communication technology
- 8.4.5. Market size and forecast, by store type
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Key market trends, growth factors and opportunities
- 8.4.6.1.2. Market size and forecast, by component
- 8.4.6.1.3. Market size and forecast, by display size
- 8.4.6.1.4. Market size and forecast, by communication technology
- 8.4.6.1.5. Market size and forecast, by store type
- 8.4.6.2. Japan
- 8.4.6.2.1. Key market trends, growth factors and opportunities
- 8.4.6.2.2. Market size and forecast, by component
- 8.4.6.2.3. Market size and forecast, by display size
- 8.4.6.2.4. Market size and forecast, by communication technology
- 8.4.6.2.5. Market size and forecast, by store type
- 8.4.6.3. India
- 8.4.6.3.1. Key market trends, growth factors and opportunities
- 8.4.6.3.2. Market size and forecast, by component
- 8.4.6.3.3. Market size and forecast, by display size
- 8.4.6.3.4. Market size and forecast, by communication technology
- 8.4.6.3.5. Market size and forecast, by store type
- 8.4.6.4. South Korea
- 8.4.6.4.1. Key market trends, growth factors and opportunities
- 8.4.6.4.2. Market size and forecast, by component
- 8.4.6.4.3. Market size and forecast, by display size
- 8.4.6.4.4. Market size and forecast, by communication technology
- 8.4.6.4.5. Market size and forecast, by store type
- 8.4.6.5. Rest of Asia-Pacific
- 8.4.6.5.1. Key market trends, growth factors and opportunities
- 8.4.6.5.2. Market size and forecast, by component
- 8.4.6.5.3. Market size and forecast, by display size
- 8.4.6.5.4. Market size and forecast, by communication technology
- 8.4.6.5.5. Market size and forecast, by store type
- 8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by component
- 8.5.3. Market size and forecast, by display size
- 8.5.4. Market size and forecast, by communication technology
- 8.5.5. Market size and forecast, by store type
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Latin America
- 8.5.6.1.1. Key market trends, growth factors and opportunities
- 8.5.6.1.2. Market size and forecast, by component
- 8.5.6.1.3. Market size and forecast, by display size
- 8.5.6.1.4. Market size and forecast, by communication technology
- 8.5.6.1.5. Market size and forecast, by store type
- 8.5.6.2. Middle East
- 8.5.6.2.1. Key market trends, growth factors and opportunities
- 8.5.6.2.2. Market size and forecast, by component
- 8.5.6.2.3. Market size and forecast, by display size
- 8.5.6.2.4. Market size and forecast, by communication technology
- 8.5.6.2.5. Market size and forecast, by store type
- 8.5.6.3. Africa
- 8.5.6.3.1. Key market trends, growth factors and opportunities
- 8.5.6.3.2. Market size and forecast, by component
- 8.5.6.3.3. Market size and forecast, by display size
- 8.5.6.3.4. Market size and forecast, by communication technology
- 8.5.6.3.5. Market size and forecast, by store type
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
- 10.1. RECHI Retail System Solutions Limited
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.2. SES-imagotag SA
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
- 10.2.7. Key strategic moves and developments
- 10.3. Zkong
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Key strategic moves and developments
- 10.4. Hanshow Technology
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Key strategic moves and developments
- 10.5. ZhSunyco
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.6. Highlight Manufacturing Corp., Ltd
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.7. ACLAS (Xiamen Pinnacle Electrical Co., Ltd)
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.8. Diebold Nixdorf, Incorporated.
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Business performance
- 10.9. Samsung Electro-Mechanics Co Ltd.
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.10. Displaydata Limited
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Key strategic moves and developments