ESL Electronic Price Tag Driver IC Market Report: Trends, Forecast and Competitive Analysis to 2030

ESL Electronic Price Tag Driver IC Trends and Forecast

The future of the global ESL electronic price tag driver IC market looks promising with opportunities in the department stores/mass merchandise, grocery/supermarket, drug stores, and specialty stores markets. The global ESL electronic price tag driver IC market is expected to grow with a CAGR of 21.0% from 2024 to 2030. The major drivers for this market are push for digitalization in retail, with electronic shelf labels and need for efficient and accurate price updating, reducing manual efforts and minimizing pricing errors in retail environments.

A more than 150-page report is developed to help in your business decisions.

ESL Electronic Price Tag Driver IC by Segment

The study includes a forecast for the global ESL electronic price tag driver IC by type, application, and region.

ESL Electronic Price Tag Driver IC Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• E-Papers Displays Driver IC
• LCD Displays Driver IC

ESL Electronic Price Tag Driver IC Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Department Stores/Mass Merchandise
• Grocery/Supermarket
• Drug Stores
• Specialty Stores
• Others

ESL Electronic Price Tag Driver IC Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of ESL Electronic Price Tag Driver IC Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ESL electronic price tag driver IC companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ESL electronic price tag driver IC companies profiled in this report include-

• Epson
• STMicroelectronics
• Texas Instruments
• Analog Devices
• Maxim Integrated
• Solomon Systech
• UltraChip

ESL Electronic Price Tag Driver IC Market Insights

Lucintel forecasts that E-paper displays driver IC is expected to witness highest growth over the forecast period due to energy efficiency and display visibility.

Within this market, grocery/supermarket will remain the highest segment due to widespread adoption of ESLs for dynamic pricing and inventory management.

APAC is expected to witness highest growth over the forecast period due to rapid retail digitization and widespread adoption of ESLs.

Features of the Global ESL Electronic Price Tag Driver IC Market

Market Size Estimates: ESL electronic price tag driver IC market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: ESL electronic price tag driver IC market size by type, application, and region in terms of value ($B).

Regional Analysis: ESL electronic price tag driver IC market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the ESL electronic price tag driver IC market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ESL electronic price tag driver IC market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for ESL electronic price tag driver IC market?

Answer: The global ESL electronic price tag driver IC market is expected to grow with a CAGR of 21.0% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the ESL electronic price tag driver IC market?

Answer: The major drivers for this market are push for digitalization in retail, with electronic shelf labels and need for efficient and accurate price updating, reducing manual efforts and minimizing pricing errors in retail environments.

Q3. What are the major segments for ESL electronic price tag driver IC market?

Answer: The future of the ESL electronic price tag driver IC market looks promising with opportunities in the department stores/mass merchandise, grocery/supermarket, drug stores, and specialty stores markets.

Q4. Who are the key ESL electronic price tag driver IC market companies?

Answer: Some of the key ESL electronic price tag driver IC companies are as follows.

• Epson
• STMicroelectronics
• Texas Instruments
• Analog Devices
• Maxim Integrated
• Solomon Systech
• UltraChip

Q5. Which ESL electronic price tag driver IC market segment will be the largest in future?

Answer: Lucintel forecasts that E-paper displays driver IC is expected to witness highest growth over the forecast period due to energy efficiency and display visibility.

Q6. In ESL electronic price tag driver IC market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid retail digitization and widespread adoption of ESLs.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the ESL electronic price tag driver IC market by type (E-papers displays driver IC and LCD displays driver IC), application (department stores/mass merchandise, grocery/supermarket, drug stores, specialty stores, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?