Electronic Shelf Labels Market is Growing at a CAGR of 14.14% During 2017 to 2021

PUNE, India, December 15, 2016 /PRNewswire/ --

The global electronic shelf labels market analyst says one of latest trends in the market is high demand for graphic products. The demand for low-cost LCD is increasing because of its low power consumption and bi-stable feature. The demand for e-paper has also increased over the past few years. Innovations in e-paper such as the tri-colour e-paper has improved the visual experience offered by ESLs and enabled new features in ESLs.

Complete report on electronic shelf labels market spread across 60 pages, analysing 5 major companies and providing 29 data exhibits now available at http://www.reportsnreports.com/reports/783661-global-electronic-shelf-label-market-2017-2021.html.

The analysts forecast global electronic shelf labels market to grow at a CAGR of 14.14% during the period 2017-2021. According to the global electronic shelf labels market report, one of the primary drivers in the market is increased ease of operations for large retail stores and expanding retail outlets through the use of ESLs. ESL systems in retail stores reduce the cost of labour significantly and help in increasing the retailer's profit margin. These labels eliminate the need for staff to manually change pricing labels on store shelves as the product pricing on all ESL modules can be automatically and instantly updated at the click of a button. ESL systems have brought about significant changes to stores and have helped improve the overall management process.

The following companies are the key players in the global electronic shelf labels market: Altierre, Displaydata, Pricer, SES-imagotag, and Teraoka Seiko. Other prominent vendors in the market are: Advantech US, E Ink, Eltrade, LG Innotek, NZ Electronic Shelf Labelling, Samsung Electro-Mechanics, Toshiba Global Commerce Solutions, and Wuxi Wei Feng Technology. Order a copy of Global Electronic Shelf Labels Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=783661.

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