Market Overview:
United States electronic shelf label market size reached USD 255 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,175 Million by 2033, exhibiting a growth rate (CAGR) of 18.5% during 2025-2033. The market is propelled by factors including increased awareness of the benefits linked with ESL systems, the growing integration of Internet of Things (IoT) solutions, and the introduction of technologically advanced product variations.
Report Attribute
|
Key Statistics
|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024
|
USD 255 Million |
Market Forecast in 2033
|
USD 1,175 Million |
Market Growth Rate 2025-2033 |
18.5% |
Electronic shelf label (ESL) systems function as devices to exhibit specific product details and prices on store shelves. These systems facilitate retailer-customer interaction and enable the electronic updating of product information, ensuring precise pricing and establishing a direct link between the store's checkout system and the product displays. In contrast to the conventional shelf label approach, which involves printing paper tags and manual replacements, ESL systems offer enhanced convenience, speed, and reduced complexity. They also boast durability, prolonged shelf life, replaceable batteries, and ease of periodic updates. This not only ensures accuracy but also streamlines the operational efficiency of retail businesses by eliminating pricing discrepancies. Electronic shelf label systems come in various sizes, colors, fonts, templates, and fastening options to cater to the diverse needs of end users. Consequently, they find widespread adoption in retail establishments of all sizes, ranging from supermarkets and hypermarkets to specialty stores and department stores.
United States Electronic Shelf Label Market Trends:
The United States electronic shelf label market is experiencing substantial growth, driven by factors such as increasing awareness of the advantages offered by ESL systems, the widespread adoption of Internet of Things (IoT) solutions, and the introduction of technologically advanced product variants. Additionally, electronic shelf label systems serve as invaluable tools for retailers, allowing them to display accurate product information and prices on shelves while providing a dynamic and interactive interface with customers. Besides this, the elimination of manual efforts in changing paper tags, along with the efficiency of electronic updates, distinguishes ESL systems from traditional shelf labeling methods. Their durability, extended shelf life, and replaceable batteries contribute to their convenience and cost-effectiveness. In addition to minimizing pricing errors, ESL systems enhance the overall operational efficiency of retail businesses. With diverse options in sizes, colors, fonts, templates, and fastening solutions, electronic shelf label systems cater to the unique requirements of various retail formats, including supermarkets, hypermarkets, specialty stores, and department stores. As the demand for advanced retail technologies continues to rise, the United States electronic shelf label market will stand as a dynamic segment within the broader landscape of retail innovation over the forecasted period.
United States Electronic Shelf Label Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on type, component, technology, and application.
Type Insights:
- Liquid Crystal Display (LCD)
- Full Graphic E-Paper
- Segmented E-Paper
- Others
The report has provided a detailed breakup and analysis of the market based on the type. This includes liquid crystal display (LCD), full graphic e-paper, segmented e-paper, and others.
Component Insights:
A detailed breakup and analysis of the market based on the component have also been provided in the report. This includes hardware and software.
Technology Insights:
- Radiofrequency
- Infrared
- NFC
- Others
The report has provided a detailed breakup and analysis of the market based on the technology. This includes radiofrequency, infrared, NFC, and others.
Application Insights:
- Supermarkets and Hypermarkets
- Convenience Stores
- Others
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes supermarkets and hypermarkets, convenience stores, and others.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Electronic Shelf Label Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2024 |
Historical Period |
2019-2024 |
Forecast Period |
2025-2033 |
Units |
Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Type
- Component
- Technology
- Application
- Region
|
Types Covered |
Liquid Crystal Display (LCD), Full Graphic E-Paper, Segmented E-Paper, Others |
Components Covered |
Hardware, Software |
Technologies Covered |
Radiofrequency, Infrared, NFC, Others |
Applications Covered |
Supermarkets and Hypermarkets, Convenience Stores, Others |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States electronic shelf label market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States electronic shelf label market?
- What is the breakup of the United States electronic shelf label market on the basis of type?
- What is the breakup of the United States electronic shelf label market on the basis of component?
- What is the breakup of the United States electronic shelf label market on the basis of technology?
- What is the breakup of the United States electronic shelf label market on the basis of application?
- What are the various stages in the value chain of the United States electronic shelf label market?
- What are the key driving factors and challenges in the United States electronic shelf label?
- What is the structure of the United States electronic shelf label market and who are the key players?
- What is the degree of competition in the United States electronic shelf label market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States electronic shelf label market from 2019-2033
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States electronic shelf label market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States electronic shelf label industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.