아시아태평양의 전자가격표시기 시장 예측(-2030년) : 지역별 분석 - 구성요소, 하드웨어, 제품 유형, 매장 유형, 통신 기술별

The Asia Pacific electronic shelf label market is expected to grow from US$ 516.54 million in 2022 to US$ 2,175.43 million by 2030. It is estimated to record a CAGR of 19.7% from 2022 to 2030.

Rise in Strategic Initiatives by Market Stakeholders Fuel Asia Pacific Electronic Shelf Label Market

Automation in the retail industry has benefitted retailers on a large scale by reducing human errors. In addition, the retail sector across the world is continuously growing. For example, according to the India Brand Equity Foundation, the Indian retail sector is anticipated to reach US$ 2 trillion in value by 2032. Moreover, as per the National Bureau of Statistics of China, retail sales of professional stores, specialty stores, supermarkets, and convenience stores in retail businesses above designated size surged by 3.0%, 3.7%, 3.5%, and 0.2%, respectively, in 2022, according to retail formats. The retail industry is increasingly emphasizing reducing total operational costs by removing manual operations in stores associated with stock, changing prices, and more. Therefore, the demand for automation solutions throughout the retail industry is rising. Furthermore, the concept of automation also includes the utilization of ESLs in retail stores with an aim to eliminate the maximum manual tasks, which will help in lowering overheads. The market players in the electronic shelf label (ESL) market are engaging in various organic and inorganic growth strategies to cater to the growing demand for retail products. This further drives the electronic shelf label (ESL) market growth. A few of the growth strategies are mentioned as, In January 2023, Ynvisible Interactive Inc. launched a large-format electronic shelf label display for grocery store retailers. In May 2023, Pricer & StrongPoint unveiled electronic shelf labels that can display graphics in yellow, red, black, and white. The use of high-resolution graphics and vibrant colors attracts more customers and increases store sales. In February 2023, Qualcomm Technologies Inc. announced the collaboration with SES-image tag to develop technology that allows new electronic shelf labels (ESLs) based on the ESL wireless standards from the Bluetooth Special Interest Group (SIG). They collaborated to develop scalable, highly secure, and ultra-low power ESLs to help retailers enhance operational efficiencies and customers' experiences and empower their employees. In January 2023, the SES-imagotag group announced the acquisition of French company In the Memory ("Memory") to enhance the efficiency of processing and analyzing large quantities of data originating from different sources. This development will enhance the capabilities of ESL solutions offered by SES-imagotag group. Thus, such strategic initiatives by market players drives the electronic shelf label (ESL) market growth.

Asia Pacific Electronic Shelf Label Market Overview

The electronic shelf label market in APAC. The region has a more advanced economic outlook than other regions in the world. The Asian economy in retail is booming at an exponential rate. Owing to increasing demand for consumer goods, such as consumer electronics, and home appliances, various companies are looking ahead to make a substantial investment in the Indian retail space. For instance, Walmart Investments Cooperative spent US$ 37.68 Mn (Rs 2.75 billion) in Wal-Mart India Pvt Ltd in 2020. Moreover, in July 2020 Retail investor turnover was 49 % of total turnover of equity cash market. Over 35.97 lakh new retail investors were added since 2nd quarter taking total registered investors number to over 5.42 Crore as per Bombay Stock Exchange (BSE) data as on September 13, 2020. Around 1,605 listed companies such as RIL, L&T, HDFC etc. hit the 11-year high retail holding which is around Rs 10.58 trillion at the end of September 2020. Furthermore, due to the presence of consumer electronics manufacturers in South Korea, Taiwan, China, and others, the scenario of the retail industry is transforming. Samsung is one of the players in the electronic shelve label market. The booming retail industry supports the consumption of highly advanced ESLs. Also, Hanshow has developed a smart ESL solution that provides retailer owners with an opportunity to improve their store management processes while lowering price-related grievances. These solutions offer owners the guidance to place items on appropriate shelves that increases shelf management efficiency. Such a positive outlook of the Asian countries in retail industry is estimated to upsurge the growth of retail stores, and therefore, installation of ESL would grow.

Asia Pacific Electronic Shelf Label Market Revenue and Forecast to 2030 (US$ Million)

Asia Pacific Electronic Shelf Label Market Segmentation

The Asia Pacific electronic shelf label market is segmented into component, product type, store type, communication technology, and country.

Based on component, the Asia Pacific electronic shelf label market is bifurcated into hardware and software & services. The hardware segment held a larger share of the Asia Pacific electronic shelf label market in 2022. The hardware segment is further subsegmented into displays, batteries, transceivers, microprocessors, and others.

In terms of product type, the Asia Pacific electronic shelf label market is bifurcated into E-paper based ESL and LCD ESL. The E-paper segment held a larger share of the Asia Pacific electronic shelf label market in 2022.

Based on store type, the Asia Pacific electronic shelf label market is segmented into hypermarkets, supermarkets, specialty stores, non-food retail stores, and others. The hypermarkets segment held the largest share of the Asia Pacific electronic shelf label market in 2022.

In terms of communication technology, the Asia Pacific electronic shelf label market is segmented into radio frequency, near field communication, infrared, and others. The radio frequency segment held the largest share of the Asia Pacific electronic shelf label market in 2022

By country, the Asia Pacific electronic shelf label market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. China dominated the Asia Pacific electronic shelf label market in 2022.

LabelNest; Panasonic Holdings Corp; M2C Communication DOO; Hanshow Technology; Opticon Sensors Europe BV; Ses Imagotag SA; Samsung Electro-Mechanics Co Ltd; Diebold Nixdorf, Incorporated; and Pricer AB are some of the leading companies operating in the Asia Pacific electronic shelf label market.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Coverage
• 3.2 Secondary Research
• 3.3 Primary Research

4. Asia Pacific Electronic Shelf Label Market Landscape

• 4.1 Overview
• 4.2 Ecosystem Analysis
  • 4.2.1 List of Vendors in Value Chain

5. Asia Pacific Electronic Shelf Label Market - Key Industry Dynamics

• 5.1 Asia Pacific Electronic Shelf Label Market - Key Industry Dynamics
• 5.2 Market Drivers
  • 5.2.1 Rapid Adoption of Game-Changing Technologies Across Retail-Value Chain
  • 5.2.2 Growth in Supermarket/Hypermarkets
  • 5.2.3 Rise in Strategic Initiatives by Market Stakeholders
• 5.3 Market Restraints
  • 5.3.1 High Capital Expenditure Value
  • 5.3.2 Disadvantages of ESL
• 5.4 Market Opportunities
  • 5.4.1 Integration of Industry 4.0 for Automation and Smart Management
  • 5.4.2 Advent of 5G Technology
• 5.5 Future Trends
  • 5.5.1 Emergence of Battery-Free Solutions
• 5.6 Impact of Drivers and Restraints:

6. Electronic Shelf Label Market - Asia Pacific Market Analysis

• 6.1 Electronic Shelf Label Market Revenue (US$ Million), 2022 - 2030
• 6.2 Electronic Shelf Label Market Forecast and Analysis

7. Asia Pacific Electronic Shelf Label Market Analysis - Component

• 7.1 Hardware
  • 7.1.1 Overview
  • 7.1.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
  • 7.1.3 Displays
    • 7.1.3.1 Overview
    • 7.1.3.2 Displays Market, Revenue and Forecast to 2030 (US$ Million)
  • 7.1.4 Transceivers
    • 7.1.4.1 Overview
    • 7.1.4.2 Transceivers Market, Revenue and Forecast to 2030 (US$ Million)
  • 7.1.5 Microprocessors
    • 7.1.5.1 Overview
    • 7.1.5.2 Microprocessors Market, Revenue and Forecast to 2030 (US$ Million)
  • 7.1.6 Batteries
    • 7.1.6.1 Overview
    • 7.1.6.2 Batteries Market, Revenue and Forecast to 2030 (US$ Million)
  • 7.1.7 Others
    • 7.1.7.1 Overview
    • 7.1.7.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
• 7.2 Software and Services
  • 7.2.1 Overview
  • 7.2.2 Software and Services Market, Revenue and Forecast to 2030 (US$ Million)

8. Asia Pacific Electronic Shelf Label Market Analysis - Product Type

• 8.1 E-Paper Based ESL
  • 8.1.1 Overview
  • 8.1.2 E-Paper Based ESL Market, Revenue and Forecast to 2030 (US$ Million)
• 8.2 LCD ESL
  • 8.2.1 Overview
  • 8.2.2 LCD ESL Market, Revenue and Forecast to 2030 (US$ Million)

9. Asia Pacific Electronic Shelf Label Market Analysis - Store Type

• 9.1 Hypermarkets
  • 9.1.1 Overview
  • 9.1.2 Hypermarkets Market Revenue, and Forecast to 2030 (US$ Million)
• 9.2 Supermarkets
  • 9.2.1 Overview
  • 9.2.2 Supermarkets Market Revenue, and Forecast to 2030 (US$ Million)
• 9.3 Specialty Stores
  • 9.3.1 Overview
  • 9.3.2 Specialty Stores Market Revenue, and Forecast to 2030 (US$ Million)
• 9.4 Non-Food Retail Stores
  • 9.4.1 Overview
  • 9.4.2 Non-Food Retail Stores Market Revenue, and Forecast to 2030 (US$ Million)
• 9.5 Others
  • 9.5.1 Overview
  • 9.5.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

10. Asia Pacific Electronic Shelf Label Market Analysis - Technology

• 10.1 Radio Frequency
  • 10.1.1 Overview
  • 10.1.2 Radio Frequency Market Revenue, and Forecast to 2030 (US$ Million)
• 10.2 Near Field Communication
  • 10.2.1 Overview
  • 10.2.2 Near Field Communication Market Revenue, and Forecast to 2030 (US$ Million)
• 10.3 Infrared
  • 10.3.1 Overview
  • 10.3.2 Infrared Market Revenue, and Forecast to 2030 (US$ Million)
• 10.4 Others
  • 10.4.1 Overview
  • 10.4.2 Others Market Revenue, and Forecast to 2030 (US$ Million)

11. Asia Pacific Electronic Shelf Label Market - Country Analysis

• 11.1 Asia Pacific: Electronic Shelf Label Market
  • 11.1.1 Asia Pacific: Electronic Shelf Label Market, By Key Country - Revenue 2022 (US$ Million)
  • 11.1.2 Asia Pacific: Electronic Shelf Label Market, by Key Country
    • 11.1.2.1 China: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
      • 11.1.2.1.1 China: Electronic Shelf Label Market, by Component
      • 11.1.2.1.1.1 China: Electronic Shelf Label Market, by Hardware
      • 11.1.2.1.2 China: Electronic Shelf Label Market, by Product Type
      • 11.1.2.1.3 China: Electronic Shelf Label Market, by Store Type
      • 11.1.2.1.4 China: Electronic Shelf Label Market, by Technology
    • 11.1.2.2 Japan: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
      • 11.1.2.2.1 Japan: Electronic Shelf Label Market, by Component
      • 11.1.2.2.1.1 Japan: Electronic Shelf Label Market, by Hardware
      • 11.1.2.2.2 Japan: Electronic Shelf Label Market, by Product Type
      • 11.1.2.2.3 Japan: Electronic Shelf Label Market, by Store Type
      • 11.1.2.2.4 Japan: Electronic Shelf Label Market, by Technology
    • 11.1.2.3 India: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
      • 11.1.2.3.1 India: Electronic Shelf Label Market, by Component
      • 11.1.2.3.1.1 India: Electronic Shelf Label Market, by Hardware
      • 11.1.2.3.2 India: Electronic Shelf Label Market, by Product Type
      • 11.1.2.3.3 India: Electronic Shelf Label Market, by Store Type
      • 11.1.2.3.4 India: Electronic Shelf Label Market, by Technology
    • 11.1.2.4 South Korea: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
      • 11.1.2.4.1 South Korea: Electronic Shelf Label Market, by Component
      • 11.1.2.4.1.1 South Korea: Electronic Shelf Label Market, by Hardware
      • 11.1.2.4.2 South Korea: Electronic Shelf Label Market, by Product Type
      • 11.1.2.4.3 South Korea: Electronic Shelf Label Market, by Store Type
      • 11.1.2.4.4 South Korea: Electronic Shelf Label Market, by Technology
    • 11.1.2.5 Australia: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
      • 11.1.2.5.1 Australia: Electronic Shelf Label Market, by Component
      • 11.1.2.5.1.1 Australia: Electronic Shelf Label Market, by Hardware
      • 11.1.2.5.2 Australia: Electronic Shelf Label Market, by Product Type
      • 11.1.2.5.3 Australia: Electronic Shelf Label Market, by Store Type
      • 11.1.2.5.4 Australia: Electronic Shelf Label Market, by Technology
    • 11.1.2.6 Rest of Asia Pacific: Electronic Shelf Label Market - Revenue, and Forecast to 2030 (US$ Million)
      • 11.1.2.6.1 Rest of Asia Pacific: Electronic Shelf Label Market, by Component
      • 11.1.2.6.1.1 Rest of Asia Pacific: Electronic Shelf Label Market, by Hardware
      • 11.1.2.6.2 Rest of Asia Pacific: Electronic Shelf Label Market, by Product Type
      • 11.1.2.6.3 Rest of Asia Pacific: Electronic Shelf Label Market, by Store Type
      • 11.1.2.6.4 Rest of Asia Pacific: Electronic Shelf Label Market, by Technology

12. Industry Landscape

• 12.1 Overview
• 12.2 Market Initiative
• 12.3 New Product Development

13. Company Profiles

• 13.1 LabelNest
  • 13.1.1 Key Facts
  • 13.1.2 Business Description
  • 13.1.3 Products and Services
  • 13.1.4 Financial Overview
  • 13.1.5 SWOT Analysis
  • 13.1.6 Key Developments
• 13.2 Panasonic Holdings Corp
  • 13.2.1 Key Facts
  • 13.2.2 Business Description
  • 13.2.3 Products and Services
  • 13.2.4 Financial Overview
  • 13.2.5 SWOT Analysis
  • 13.2.6 Key Developments
• 13.3 M2C Communication DOO
  • 13.3.1 Key Facts
  • 13.3.2 Business Description
  • 13.3.3 Products and Services
  • 13.3.4 Financial Overview
  • 13.3.5 SWOT Analysis
  • 13.3.6 Key Developments
• 13.4 Hanshow Technology
  • 13.4.1 Key Facts
  • 13.4.2 Business Description
  • 13.4.3 Products and Services
  • 13.4.4 Financial Overview
  • 13.4.5 SWOT Analysis
  • 13.4.6 Key Developments
• 13.5 Opticon Sensors Europe BV
  • 13.5.1 Key Facts
  • 13.5.2 Business Description
  • 13.5.3 Products and Services
  • 13.5.4 Financial Overview
  • 13.5.5 SWOT Analysis
  • 13.5.6 Key Developments
• 13.6 Ses Imagotag SA
  • 13.6.1 Key Facts
  • 13.6.2 Business Description
  • 13.6.3 Products and Services
  • 13.6.4 Financial Overview
  • 13.6.5 SWOT Analysis
  • 13.6.6 Key Developments
• 13.7 Samsung Electro-Mechanics Co Ltd
  • 13.7.1 Key Facts
  • 13.7.2 Business Description
  • 13.7.3 Products and Services
  • 13.7.4 Financial Overview
  • 13.7.5 SWOT Analysis
  • 13.7.6 Key Developments
• 13.8 Diebold Nixdorf, Incorporated
  • 13.8.1 Key Facts
  • 13.8.2 Business Description
  • 13.8.3 Products and Services
  • 13.8.4 Financial Overview
  • 13.8.5 SWOT Analysis
  • 13.8.6 Key Developments
• 13.9 Pricer AB
  • 13.9.1 Key Facts
  • 13.9.2 Business Description
  • 13.9.3 Products and Services
  • 13.9.4 Financial Overview
  • 13.9.5 SWOT Analysis
  • 13.9.6 Key Developments

14. Appendix

• 14.1 About the Insight Partners
• 14.2 Word Index