Electronic Shelf Label System Market Report 2025 (Global Edition)

Global Electronic Shelf Label System Market Report 2025 Market Size Split by Type (Standard (1-3 inch), Mid-Large (3.1-7 inch), Large (7.1-10 inch)), by Store Type (Department Stores or Mass Merchandi...

Electronic Shelf Label System Market Report Description

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Electronic Shelf Label System Market Insights Video

Competitive Landscape of the Electronic Shelf Label System Market

The competitive landscape of the Electronic Shelf Label System market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Electronic Shelf Label System companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

In December 2023, RAINUS collaborated with Toshiba Global Commerce Solutions to provide ESL technology for smooth dynamic pricing, improving store solutions, and tackling labor concerns in retail.

(Source: https://www.rainusbiz.com/globalpartner-tgcs/ /)

Top Companies Market Share in Electronic Shelf Label System Industry: (In no particular order of Rank)

• Dahua Technology Co.
• Ltd.
• Displaydata Ltd.
• E Link Holding Inc.
• Hanshow Technology
• M2COMM
• Minew
• Opticon
• Pricer
• RAINUS
• SES-imagotag
• Shanghai Sunmi Technology Co.
• Ltd.
• Teraoka Seiko Co.
• Ltd.
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Electronic Shelf Label System

Which Region Dominates the Electronic Shelf Label System Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The Electronic Shelf Label (ESL) System marketplace is experiencing a boom in North America, driven by a shift closer to retail automation and the desire for operational efficiency. Retailers inside the vicinity are adopting ESL structures to streamline pricing updates and enhance client enjoyment through accurate, actual-time product data. The growth is similarly fueled by means of the retail sector's awareness of decreasing guide hard work and imposing progressive technology for stepped-forward competitiveness.

Which Region is Expanding at the Fastest CAGR?

Europe stands out as the fastest-growing region in the Electronic Shelf Label System market due to several compelling reasons. The European Electronic Shelf Label (ESL) System market is experiencing a big boom, driven by the area's cognizance of retail automation and performance. Retailers in Europe are adopting ESL systems to streamline pricing, reduce manual labor, and improve patron experiences with real-time product data. This fashion is reinforced by the place's stringent compliance requirements, which ESL structures can help meet via consistent and accurate fee updates.

The current report Scope analyzes Electronic Shelf Label System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Electronic Shelf Label System

According to Cognitive Market Research, the global Electronic Shelf Label System market size was estimated at USD 995.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 398.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2031. In North America, the Electronic Shelf Label (ESL) System market is expanding, driven by the region's strong focus on retail automation and efficiency. One key segment contributing to this growth is grocery and supermarket retailers, who leverage ESL systems to streamline price updates and reduce manual labor. The adoption of ESL technology in these environments offers flexibility in pricing strategies, minimizes pricing errors, and enhances customer experiences with real-time product information. This trend is expected to continue as retailers prioritize operational efficiency and seek innovative solutions to remain competitive in a dynamic market, underscoring the significant role ESL systems play in the evolving retail landscape in North America. According to Cognitive Market Research, the US had a major share in the Electronic Shelf Label System market with a market size of USD 314.09 million in 2024 and is projected to grow at a CAGR of 17.0% during the forecast period. The demand is amplified by the compliance with stringent union and local regulations. The Canada Electronic Shelf Label System market had a market share of USD 47.77 million in 2024 and is projected to grow at a CAGR of 18.0% during the forecast period. culture of precision and efficiency drives interest in automation. The Mexico Electronic Shelf Label System market is projected to witness growth at a CAGR of 17.7% during the forecast period with a market size of USD 36.23 million in 2024.

Europe Electronic Shelf Label System

According to Cognitive Market Research, the global Electronic Shelf Label System market size was estimated at USD 995.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 298.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.5% from 2024 to 2031.

• The United Kingdom Electronic Shelf Label System market had a market share of USD 50.16 million in 2024 and is projected to grow at a CAGR of 18.3% during the forecast period. In the UK, Electronic Shelf Label System sales witness an upswing due to the focus on embracing digital and automated solutions.
• The France Electronic Shelf Label System market is projected to witness growth at a CAGR of 16.7% during the forecast period with a market size of USD 27.47 million in 2024.
• According to Cognitive Market Research, the Germany Electronic Shelf Label System market size was valued at USD 59.11 million in 2024 and is projected to grow at a CAGR of 17.7% during the forecast period. In Germany, Electronic Shelf Label System sales surge due to the adherence to local pricing and consumer protection regulations.
• The Italy Electronic Shelf Label System market is projected to witness growth at a CAGR of 16.9% during the forecast period with a market size of USD 25.68 million in 2024.
• The Russia Electronic Shelf Label System market is projected to witness growth at a CAGR of 16.5% during the forecast period with a market size of USD 46.28 million in 2024.
• The Spain Electronic Shelf Label System market is projected to witness growth at a CAGR of 16.6% during the forecast period with a market size of USD 24.48 million in 2024.
• The Luxembourg Electronic Shelf Label System market is projected to witness growth at a CAGR of 17.6% during the forecast period with a market size of USD 9.26 million in 2024.
• The Portugal Electronic Shelf Label System market is projected to witness growth at a CAGR of 17.3% during the forecast period with a market size of USD 6.27 million in 2024.
• The Greece Electronic Shelf Label System market is projected to witness growth at a CAGR of 17.8% during the forecast period with a market size of USD 3.58 million in 2024.
• Rest of Europe Electronic Shelf Label System market is projected to witness growth at a CAGR of 16.2% during the forecast period with a market size of USD 46.28 million in 2024. 

Asia Pacific Electronic Shelf Label System

According to Cognitive Market Research, the global Electronic Shelf Label System market size was estimated at USD 995.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 228.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 21.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Electronic Shelf Label System market size was valued at USD 103.00 million in 2024 and is projected to grow at a CAGR of 20.5% during the forecast period. Electronic Shelf Label System sales surge in China due to the need to streamline operations in large-scale retail environments.
• The Japan Electronic Shelf Label System market is projected to witness growth at a CAGR of 19.5% during the forecast period with a market size of USD 31.59 million in 2024.
• The India Electronic Shelf Label System market had a market share of USD 27.47 million in 2024 and is projected to grow at a CAGR of 22.8% during the forecast period. The demand is augmented by India's growth of retail chains and supermarkets.
• The South Korea Electronic Shelf Label System market is projected to witness growth at a CAGR of 20.1% during the forecast period with a market size of USD 22.89 million in 2024.
• The Australia Electronic Shelf Label System market is projected to witness growth at a CAGR of 20.7% during the forecast period with a market size of USD 11.90 million in 2024.
• The South East Asia Electronic Shelf Label System market is projected to witness growth at a CAGR of 22.0% during the forecast period with a market size of USD 15.79 million in 2024.
• The Rest of Asia Pacific Electronic Shelf Label System market is projected to witness growth at a CAGR of 20.8% during the forecast period with a market size of USD 16.25 million in 2024. 

South America Electronic Shelf Label System

According to Cognitive Market Research, the global Electronic Shelf Label System market size was estimated at USD 995.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 49.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Electronic Shelf Label System market size was valued at USD 21.30 million in 2024 and is projected to grow at a CAGR of 19.0% during the forecast period. Electronic Shelf Label System sales flourish in Brazil due to the demand for accurate and real-time product information.
• The Argentina Electronic Shelf Label System market had a market share of USD 8.36 million in 2024 and is projected to grow at a CAGR of 19.3% during the forecast period. The demand is augmented by Argentina's market's capacity for adopting and integrating advanced technologies.
• The Colombia Electronic Shelf Label System market is projected to witness growth at a CAGR of 18.2% during the forecast period with a market size of USD 4.43 million in 2024.
• The Peru Electronic Shelf Label System market is projected to witness growth at a CAGR of 18.6% during the forecast period with a market size of USD 4.08 million in 2024.
• The Chile Electronic Shelf Label System market is projected to witness growth at a CAGR of 18.7% during the forecast period with a market size of USD 3.58 million in 2024.
• The Rest of Latin America Electronic Shelf Label System market is projected to witness growth at a CAGR of 17.5% during the forecast period with a market size of USD 8.01 million in 2024. 

Middle East and Africa Electronic Shelf Label System

According to Cognitive Market Research, the global Electronic Shelf Label System market size was estimated at USD 995.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 19.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.7% from 2024 to 2031.

MEA the Electronic Shelf Label System market showcases promising growth prospects driven by factors such as rising disposable incomes, expanding urban populations, and increasing demand for portable entertainment and presentation solutions.

• The GCC Countries Electronic Shelf Label System market is projected to witness growth at a CAGR of 19.5% during the forecast period with a market size of USD 8.52 million in 2024. Electronic Shelf Label System sales flourish due to the strong trend toward automation in retail to improve efficiency and reduce labor costs.
• The Egypt Electronic Shelf Label System market is projected to witness growth at a CAGR of 19.0% during the forecast period with a market size of USD 2.09 million in 2024.
• The South Africa Electronic Shelf Label System market is projected to witness growth at a CAGR of 19.7% during the forecast period with a market size of USD 3.14 million in 2024. Electronic Shelf Label System sales flourish in the South Africa due to the ability to implement real-time price changes and promotions.
• The Turkey Electronic Shelf Label System market is projected to witness growth at a CAGR of 18.2% during the forecast period with a market size of USD 1.71 million in 2024.
• The Nigeria Electronic Shelf Label System market is projected to witness growth at a CAGR of 17.8% during the forecast period with a market size of USD 2.09 million in 2024.
• The Rest of MEA Electronic Shelf Label System market is projected to witness growth at a CAGR of 17.7% during the forecast period with a market size of USD 2.35 million in 2024. 

Electronic Shelf Label System Market Analysis

Electronic Shelf Label System Market Type Segment Analysis

According to Cognitive Market Research, Standard (1-3 inch) stands out as the dominating category. The Standard (1-3 inch) segment is gaining momentum in the Electronic Shelf Label (ESL) System market, reflecting the growing demand for compact and flexible presentations in retail environments. These smaller ESLs are ideal for preferred shelf areas, presenting a fee-effective solution for price updates and product statistics. Retailers choose this length range for its ease of installation, adaptability, and ability to decorate operational efficiency without good-sized infrastructure changes.

Mid-Large (3.1-7 inch) emerges as the fastest-growing category in the Electronic Shelf Label System market. The Mid-Large (3.1-7 inches) phase is using a boom in the Electronic Shelf Label (ESL) System marketplace, reflecting stores' need for larger, greater visible displays. These ESLs are best for offering distinct product records, promotions, and rate changes in a clear, smooth-to-read format. Retailers are increasingly adopting this size variety to decorate client revel and streamline operations, supplying stability among visibility and versatility on retail shelves.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Electronic Shelf Label System Industry. Request a Free Sample PDF!

Electronic Shelf Label System Market Store Type Segment Analysis

According to Cognitive Market Research, the dominating category is Department Stores or Mass Merchandise. Department shops and mass product retailers are increasingly adopting Electronic Shelf Label (ESL) structures, driving an increase within the marketplace. The scale and variety of those stores make computerized rate, and product data updates critical for operational performance. ESL structures allow department stores to quickly regulate expenses and promotions, lowering manual labor and errors at the same time as imparting an extra dynamic and tasty purchasing enjoyment for clients.

The fastest-growing category in the Electronic Shelf Label System market is Grocery or Supermarket. Grocery shops and supermarkets are contributing to the boom of the Electronic Shelf Label (ESL) System market. These retail environments, characterized by using a high volume of merchandise and frequent charge changes, gain from ESL systems' automation competencies. By the usage of ESL systems, grocery shops, and supermarkets can quickly replace charges, promotions, and product facts, decreasing manual exertions and enhancing the patron's enjoyment with correct, real-time facts.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

Author's Conclusion