Market Share of Smart Shelf Industry
The Smart Shelf Market is competitive in nature because of the presence of several global companies. Some of the key players are Avery Dennison Corporation, AWM Smart Shelf, Huawei Technologies Co. Ltd, Dreamztech Solutions Inc., E Ink Holdings Inc., Focal Systems Inc., Happiest Minds Technologies Limited, and many others. Key players in this market are introducing new innovative products and forming partnerships and collaborations to gain competitive advantages.
- May 2022 - Avery Dennison Corporation announced two major investments for expanding its manufacturing capacity and improving factory efficiency in Europe to meet the growing demand for its label and packaging materials, with an investment of EUR 45 million (USD 48.21 million).
- May 2022 - Avery Dennison Corporation and Wiliot, the Internet of Things pioneer, partnered to scale the IoT to the next level, creating a new era of IoT that benefits people and the planet. Avery Dennison would leverage its R&D capabilities and scale to design and manufacture second-generation Wiliot tags, which are stamp-sized computers powered by Bluetooth.
Smart Shelf Market Leaders
Honeywell International Inc.
Huawei Technologies Co. Ltd
Trax Technology Solutions
Samsung Electronics Co., Ltd.
Lenovo PCCW Solutions Limited
*Disclaimer: Major Players sorted in no particular order