Knowledge Sourcing Intelligence announces its new report titled “Asia Pacific (APAC) Electronic Shelf Label Market - Forecasts From 2016 To 2021”.
The report segments the Asia-Pacific electronic shelf label (ESL) market by product type (segmented labels, full-graphic labels, and LCD labels), communication technology (RF, NFC, and IR), store type (supermarkets, hypermarkets, minimarkets, and others) and country (China, Japan, India, Australia , and others). Asia -Pacific electronic shelf label market is estimated to grow from US$21.113 million in 2015 to US$54.959 million by 2021, at a CAGR of 17.29% over the forecast period.
Major factors driving the market growth are expanding organized retail sector and increasing demand for retail automation in the emerging economies such as China and India. Further, growing awareness regarding good health and fitness leads to consumers requiring more information for making purchase decision. ESLs, can easily provide such information to consumers without the assistance of extra staff and thereby helping the stores to cut down on operating costs. Stringent regulations regarding accurate price labeling is further propelling the market growth, especially in Japan where retailers are heavily fined for pricing errors and incorrect information.
Some of the major electronic shelf label market companies covered as part of the report are Altierre Corporation, Pricer AB, Wincor Nixdorf, Displaydata, and Store Electronic Systems among others.
Sample request or complete report can be purchased through the link below:
This 81 pages report contains a wide range of figures and data tables for the forecasted period based on the segmentations listed above.
Key TOC Contents are listed as below:
• Market Dynamics
o By Product Type
o By Communication Technology
o By Store Type
o By Country
• Competitive Intelligence
• Profiles of key companies