The global LCD electronic shelf label market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global LCD electronic shelf label market include the rising automation in the retail industry. Furthermore, the need for a more cost-effective and time-saving alternative to paper labels will propel the growth of the market during the forecast period. Additionally, the growth of the market is attributed to the application of electronic shelf labels by increasing operational efficiency and allowing for real-time product placement.
Free Sample Copy @ https://www.omrglobal.com/request-sample/lcd-electronic-shelf-label-market
As the NFC (Near Field Communication) equipped smartphones are becoming more common, the usage of NFC in electronic shelf labels is increasing in the retail industry, as it is both energy-efficient and cost-effective. NFC is an embedded technology that leverages proximity to simplify transactions, data sharing, and short connections. NFC-enabled smart packaging and signs may give customers timely product information and even a real-time digital offer before purchase.
A Full Report of Global LCD Electronic Shelf Label Market is Available at:
https://www.omrglobal.com/industry-reports/lcd-electronic-shelf-label-market
The key players contributing to the growth of the global LCD electronic shelf label market by adopting various strategies such as product launches & developments, mergers and acquisitions, partnerships, and agreements, include SES-imagotag, Pricer, E Ink Holdings, Displaydata, and M2Communicatio, among others. For instance, in January 2019, in retail’s Big Show NRF, at the Javits Center, Aliso Viejo, Calif.-based Newcom AWM Smart Shelf unveiled their newest generation of LED shelf-edge displays. The new model, which is on display at AWM Smart Shelf’s Innovation Lab booth (#7148), offers a 2.5x improvement in resolution over the previous model. With a decreased height of 1.5 inches that corresponds to that of a standard shelf, the new thin form factor maximizes the utilization of shelf space.
Global LCD Electronic Shelf Label Market – Segmentation
By Component
Displays
Batteries
Transceivers
Microprocessors
Others
By Display Size
Less than 3 inches
3 to 7 inches
7 to 10 inches
More than 10 inches
By Communication Technology
Radio Frequency
Infrared
Near-field Communication
Others
By End-User
Retail (Hypermarkets, Supermarkets, Non-food retail stores, Specialty Stores, Others)
Industrial
Global LCD Electronic Shelf Label Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Company Profiles
SES-imagotag
Pricer
E Ink Holdings
Displaydata
M2Communicatio
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/lcd-electronic-shelf-label-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
(This release has been published on Global Market Post.
Global Market Post is not responsible for any content included in this release.)
