South America Electronic Shelf Label Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Components (Displays, Batteries, Transceivers, Microprocessors, and Others), Product Type (LCD ESL and E-Paper based ESL), Store Type (Hypermarkets, Supermarkets, Non-Food Retail Stores, Specialty Stores, and Others), and Communication Technology (Radio Frequency, Infrared, Near Field Communication, and Others)
Market Introduction
Retailers use the electronic shelf label system for displaying product pricing on shelves. This system has benefits such as product pricing are automatically updated whenever a price is changed from a central control server. Hence its gaining popularity and boosting the need for the SAM electronic shelf label market. The rising number of the supermarket, specialty store, and hypermarket are raising demand for the SAM electronic shelf label market. Large infrastructural developments in Latin America has resulted in the growth of the commercial complexes, shopping malls, hospitals, hypermarkets, non-food retail stores, supermarkets, etc. These developments are anticipated to flourish the growth of ESL solutions in the forecast period. The fast-growing consumer goods market across the SAM is getting more fragmented as the retailers respond to consumer demand for convenience. The shoppers in the region are more willing to try new retail formats in their quest to get most from their grocery budgets. Owing to this, the channel structure in the region is changing rapidly. Some of the factors stimulating the SAM market for electronic shelf labels include an increasing number of supermarkets, malls, stores, and others, reducing labor availability and trending retail automation demands
Furthermore, in case of COVID-19, SAM is highly affected specially the Brazil. To control the spread of virus across SAM region, measures have been taken by the respective government bodies of countries to avoid social distancing. Therefore, lockdown have been imposed quickly covering colleges, companies, and factories which has affected the SAM electronic shelf label market also. The covid-19 pandemic has led to the closure of all economic activities across the region, in order to combat the spread of the virus. This situation of lockdown has adversely affected the retail industry across the region, thereby leading to complete shutdown of retail outlets which has directly affected the SAM electronic shelf label market. This has shifted consumer preference and according to studies, this shift is also expected to prevail post pandemic situation. This is thus expected to negatively affect the adoption of electric shelf label market over the forecast period across SAM region.
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Market Overview and Dynamics
The SAM electronic shelf label market is expected to grow from US$ 10.3 million in 2019 to US$ 38.3 million by 2027; it is estimated to grow at a CAGR of 18.3 % from 2020 to 2027. Increase in the use of IoT within retail industry is expected to upsurge the SAM electronic shelf label market. In the era of continuous technological development, automation is gaining high momentum in the retail industry. Automation in the retail industry has benefitted retailers on a large scale by reducing human errors. The retail industry is focusing on lowering total operational costs by removing manual operations in stores related to stock, changing prices, and more. Therefore, the demand for automation solutions throughout the retail industry is rising. Henceforth, the concept of automation also includes the utilization of ESLs in retail stores with an aim to eliminate the maximum percentage of manual tasks, which will help in lowering overheads. With the growth in brick and mortar stores owing to the rise in population growth, the retail stores are expanding across SAM region. The retail stores such as supermarkets, hypermarkets, and specialty stores are growing across the SAM region; therefore, deployment of ESL in respective stores is anticipated to increase. Moreover, the implementation of digital price tags within retail stores facilitates dynamic and Omni channel pricing. Thus, the features mentioned above help in boosting the adoption of ESLs among retail stores, thereby driving the SAM electronic shelf label market.
Key Market Segments
In terms of components, the displays segment accounted for the largest share of the SAM electronic shelf label market in 2019. In terms of product type, the LCD ESL segment held a larger market share of the SAM electronic shelf label market in 2019. Similarly, in terms of store type, the hypermarkets segment held a larger market share of the SAM electronic shelf label market in 2019. Further, the radio frequency segment held a larger share of the SAM electronic shelf label market based on communication technology in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the SAM electronic shelf label market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Diebold Nixdorf, Incorporated; Displaydata Limited; Opticon Sensors Europe B.V.; Pricer AB; Samsung Electro-Mechanics Co., Ltd.; Teraoka Seiko Co., Ltd.
Reasons to buy report
- To understand the SAM electronic shelf label market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM electronic shelf label market
- Efficiently plan M&A and partnership deals in SAM electronic shelf label market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM electronic shelf label market
- Obtain market revenue forecast for market by various segments from 2020-2027 in SAM region.
SAM Electronic Shelf Label Market Segmentation
SAM Electronic Shelf Label Market - By Components
- Displays
- Batteries
- Transceivers
- Microprocessors
- Others
SAM Electronic Shelf Label Market - By Product Type
- LCD ESL
- E-Paper based ESL
SAM Electronic Shelf Label Market - By Store Type
- Hypermarkets
- Supermarkets
- Non-Food Retail Stores
- Specialty Stores
- Others
SAM Electronic Shelf Label Market - By Communication Technology
- Radio Frequency
- Infrared
- Near Field Communication
- Others
SAM Electronic Shelf Label Market - By Country
- Brazil
- Argentina
- Rest of SAM
SAM Electronic Shelf Label Market - Company Profiles
- Diebold Nixdorf, Incorporated
- Displaydata Limited
- Opticon Sensors Europe B.V.
- Pricer AB
- Samsung Electro-Mechanics Co., Ltd.
- Teraoka Seiko Co., Ltd.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Electronic Shelf Label Market Landscape
4.1 Market Overview
4.2 SAM PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. SAM Electronic Shelf Label Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Mounting adoption of game-changing technologies across the retail - value chain
5.1.2 Increase in the use of IoT within retail industry
5.2 Key Market Restraints
5.2.1 Expensive Installation and Maintenance
5.3 Key Market Opportunities
5.3.1 Unification of Industry 4.0 for automation and smart management
5.4 Future Trend
5.4.1 Development of battery-free solutions
5.5 Impact Analysis of Drivers and Restraints
6. Electronic Shelf Label Market – SAM Analysis
6.1 SAM Electronic Shelf Label Market Overview
6.2 SAM Electronic Shelf Label Market Forecast and Analysis
6.3 Market Positioning- Top Five Players
7. SAM Electronic Shelf Label Market Analysis – By Component
7.1 Overview
7.2 SAM Electronic Shelf Label Market Breakdown, By Component, 2019 & 2027
7.3 Display
7.3.1 Overview
7.3.2 Display Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Battery
7.4.1 Overview
7.4.2 Battery Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Transceiver
7.5.1 Overview
7.5.2 Transceiver Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Microprocessor
7.6.1 Overview
7.6.2 Microprocessor Market Revenue and Forecasts to 2027 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
8. SAM Electronic Shelf Label Market Analysis – By Product Type
8.1 Overview
8.2 SAM Electronic Shelf Label Market Breakdown, By Product Type, 2019 & 2027
8.3 LCD ESL
8.3.1 Overview
8.3.2 LCD ESL Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 E-paper based ESL
8.4.1 Overview
8.4.2 E-paper Based ESL Market Revenue and Forecasts to 2027 (US$ Mn)
9. SAM Electronic Shelf Label Market Analysis – By Store Type
9.1 Overview
9.2 SAM Electronic Shelf Label Market Breakdown, By Store Type, 2019 & 2027
9.3 Hypermarkets
9.3.1 Overview
9.3.2 Hypermarkets Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Supermarkets
9.4.1 Overview
9.4.2 Supermarkets Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Non-Food Retail Stores
9.5.1 Overview
9.5.2 Non-Food Retail Stores Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Specialty Stores
9.6.1 Overview
9.6.2 Specialty Stores Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Others
9.7.1 Overview
9.7.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. SAM Electronic Shelf Label Market Analysis – By Communication Technology
10.1 Overview
10.2 SAM Electronic Shelf Label Market Breakdown, By Communication Technology, 2019 & 2027
10.3 Radio Frequency
10.3.1 Overview
10.3.2 Radio Frequency Market Revenue and Forecasts to 2027 (US$ Mn)
10.4 Infrared
10.4.1 Overview
10.4.2 Infrared Market Revenue and Forecasts to 2027 (US$ Mn)
10.5 Near Field Communication
10.5.1 Overview
10.5.2 Near Field Communication Market Forecast and Analysis
10.6 Others
10.6.1 Overview
10.6.2 Others Market Forecast and Analysis
11. SAM Electronic Shelf Label Market – Country Analysis
11.1 Overview
11.1.1 SAM Electronic Shelf Label Market Breakdown, by Key Countries
11.1.1.1 Brazil Electronic Shelf Label Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.1.1.1 Brazil Electronic Shelf Label Market Breakdown By Component
11.1.1.1.2 Brazil Electronic Shelf Label Market Breakdown By Product Type
11.1.1.1.3 Brazil Electronic Shelf Label Market Breakdown By Store Type
11.1.1.1.4 Brazil Electronic Shelf Label Market Breakdown By Communication Technology
11.1.1.2 Argentina Electronic Shelf Label Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.1.2.1 Argentina Electronic Shelf Label Market Breakdown By Component
11.1.1.2.2 Argentina Electronic Shelf Label Market Breakdown By Product Type
11.1.1.2.3 Argentina Electronic Shelf Label Market Breakdown By Store Type
11.1.1.2.4 Argentina Electronic Shelf Label Market Breakdown By Communication Technology
11.1.1.3 Rest of SAM Electronic Shelf Label Market Revenue and Forecasts to 2027 (US$ Mn)
11.1.1.3.1 Rest of SAM Electronic Shelf Label Market Breakdown By Component
11.1.1.3.2 Rest of SAM Electronic Shelf Label Market Breakdown By Product Type
11.1.1.3.3 Rest of SAM Electronic Shelf Label Market Breakdown By Store Type
11.1.1.3.4 Rest of SAM Electronic Shelf Label Market Breakdown By Communication Technology
12. Impact of COVID-19 Pandemic on SAM Electronic Shelf Label Market
12.1 SAM: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Market Initiative
14. Company Profiles
14.1 Diebold Nixdorf, Incorporated
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Product & Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Displaydata Limited
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Product Portfolio
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Opticon Sensors Europe B.V.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Pricer AB
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Samsung Electro-Mechanics Co., Ltd.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Teraoka Seiko Co., Ltd.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Glossary
LIST OF TABLES
Table 1. SAM Electronic Shelf Label Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Brazil Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Component (US$ Mn)
Table 3. Brazil Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)
Table 4. Brazil Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Store Type (US$ Mn)
Table 5. Brazil Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Communication Technology (US$ Mn)
Table 6. Argentina Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Component (US$ Mn)
Table 7. Argentina Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)
Table 8. Argentina Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Store Type (US$ Mn)
Table 9. Argentina Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Communication Technology (US$ Mn)
Table 10. Rest of SAM Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Component (US$ Mn)
Table 11. Rest of SAM Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)
Table 12. Rest of SAM Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Store Type (US$ Mn)
Table 13. Rest of SAM Electronic Shelf Label Market Revenue and Forecasts to 2027 – By Communication Technology (US$ Mn)
Table 14. Glossary of Terms, SAM Electronic Shelf Label Market
LIST OF FIGURES
Figure 1. SAM Electronic Shelf Label Market Segmentation
Figure 2. SAM Electronic Shelf Label Market Segmentation – By Country
Figure 3. SAM Electronic Shelf Label Market, By Store Type
Figure 4. SAM Electronic Shelf Label Market, By Country
Figure 5. SAM Electronic Shelf Label Market, By Competitive landscape
Figure 6. SAM Electronic Shelf Label Market Overview
Figure 7. SAM – PEST Analysis
Figure 8. SAM Market Ecosystem Analysis
Figure 9. SAM Electronic Shelf Label Market Impact Analysis of Drivers and Restraints
Figure 10. SAM Electronic Shelf Label Market Forecast and Analysis, (US$ Mn)
Figure 11. SAM Electronic Shelf Label Market Breakdown, By Component, 2019 & 2027 (%)
Figure 12. SAM Display Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 13. SAM Battery Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 14. SAM Transceiver Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 15. SAM Microprocessor Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. SAM Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. SAM Electronic Shelf Label Market Breakdown, By Product Type, 2019 & 2027 (%)
Figure 18. SAM LCD ESL Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. SAM E-paper Based ESL Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. SAM Electronic Shelf Label Market Breakdown, By Store Type, 2019 & 2027 (%)
Figure 21. SAM Hypermarkets Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. SAM Supermarkets Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. SAM Non-Food Retail Stores Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. SAM Specialty Stores Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. SAM Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 26. SAM Electronic Shelf Label Market Breakdown, By Communication Technology, 2019 & 2027 (%)
Figure 27. SAM Radio Frequency Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. SAM Infrared Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 29. SAM Near Field Communication Market Revenue and Forecasts to 2027(US$ Mn)
Figure 30. SAM Others Market Revenue and Forecasts to 2027(US$ Mn)
Figure 31. SAM Electronic Shelf Label Market Breakdown by Key Countries, 2019 & 2027(%)
Figure 32. Brazil Electronic Shelf Label Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 33. Argentina Electronic Shelf Label Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 34. Rest of SAM Electronic Shelf Label Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 35. Impact of COVID-19 Pandemic in SAM Country
Some of the leading companies are:
- Diebold Nixdorf, Incorporated
- Displaydata Limited
- Opticon Sensors Europe B.V.
- Pricer AB
- Samsung Electro-Mechanics Co., Ltd.
- Teraoka Seiko Co., Ltd.
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