Vendors to engage in collaborations and partnerships during the forecast period
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global electronic shelf label (ESL) market in their latest research report. This report also lists eight other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of new installations of ESL solutions in the retail industry. It also includes the market size in terms of shipment volume.
This Technavio report, under the retail systems vertical, is based on the synthesis, analysis, and interpretation of information about the global ESL market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
Click here to request a free sample of this report
Competitive vendor landscape
The global ESL market is highly fragmented in nature due to the presence of several small and large vendors in the market space. The intense competition among the vendors coupled with rapid technological changes pose significant risk to vendor operations. The intensifying competition in the market is prompting vendors to engage in partnerships and collaborations wherein the smaller players in the market get acquired by are being merged with major players.
“The demand for low-cost LCD products is on the rise owing to its advantages such as low power consumption and bi-stable feature. The demand for e-paper is also undergoing an upsurge. Innovations in e-paper such as the tri-color e-paper improve the visual experience offered by ESLs and enables new features in ESLs. Many vendors in the market are now supplying e-paper ESLs to retailers,” says Poonam Saini, a lead analyst at Technavio for retail systems.
Top five vendors in the ESL market space
Altierre
Altierre develops ultra-low power wireless technology that connects connect various remote objects in buildings such as manufacturing facilities, retail stores, hospitals, and others. The company develops a highly scalable, bi-directional wireless technology and a non-line of sight radio frequency (RF)-based technology. With multiple layers of security, it is the most secure low-power bidirectional wireless technology. Based on its patented RF mixed signal chip technology, the company has developed various schemes that serve both low power communications and driving displays. Altierre caters to companies from the food, pharmacy, and non-food sectors.
Key products: LCD tags.
Displaydata
Displaydata designs, engineers, manufactures, and supplies digital display solutions that are incorporated with fully graphic electronic shelf labels and dynamic digital display solutions for omni-channel retailers. It also offers graphical three-color labels under the product lines Chroma Red and Chroma Yellow. It has partners in North America, South America, EMEA, and APAC. Some of the clients of the company include Coop Denmark, T-Mobile Austria, and Orange Slovakia.
Key products: Aura, Luna, and Chroma.
Pricer
Pricer provides ESL solutions to retailers and retail chains. It offers a complete range of labels for food retailers. It also provides standard labels for the shelf edge, specific labels for freezers, small peg hooks, deli cabinets, and larger labels for large signs. It delivers various products for large, small, multi-chain, and single stores. It offers wireless digital displays to the retail industry that update the prices and product information directly in-store.
Key products: Continuum labels, DotMatrix labels, Customized labels, and SmartTAG labels.
SES-imagotag
SES-imagotag offers electronic shelf labeling systems for food and non-food retailers. The company engages in designing, marketing, and installation of various ESLs. It also provides support and maintenance, project management, pre-installation and installation, and training services. The solutions offered by the company include labels, software, radio, and mountings and POP items. It mostly caters to the food, DIY, garden, and drugstore sectors.
Key products: E-tag, G-tag, G-tag+, NFC-tag, S-tag, and S-tag+.
Teraoka Seiko
Teraoka Seiko is a provider of weigh labeling equipment. Its product portfolio comprises point-of-sale (POS) products for mass merchandisers, label printers, weigh-wrap-labelers, digital signage and ESL, POS for specialty stores and hospitality, checkout scales, retail scales, pure water vending machines, labeling system (center system), recycling machines, self-service scales, package inspection and sorting systems, industrial scales, order picking and sorting systems, hygiene and waste management, cloud and server system, and consumables.
Key products: Price tags, eLabels, and Infor Tags.
Other prominent vendors in this market include Advantech US, E Ink, Eltrade, LG Innotek, NZ Electronic Shelf Labelling, Samsung Electro-Mechanics, Toshiba Global Commerce Solutions, and Wuxi Wei Feng Technology.
A more detailed analysis is available in the Technavio report, Global ESL Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
To read more press releases- click here.
Browse related reports:
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
