Electronic Article Surveillance (EAS) Systems Market Share 2021 Top Business Growing Strategies and Emerging Trends of Outlook To 2026 Top Vendors Sentry Technology Corp, Checkpoint Systems Inc., Tyco Retail Solutions

The Electronic Article Surveillance (EAS) Systems Market is expected to grow from USD 1,723 million in 2018 to USD 2,156 million by 2026, at a CAGR of 2.80% during the forecast period. Growth in the number of theft or shoplifting incidents reported at retail stores of merchandise & books, increasing profits in the retail markets, growing need for better merchandise management, logistics control, and customer experience, which increases the profit margin, and the operational processes in the retail stores, emergence of walk-in shopping complexes in place of traditional stores and need for better security systems across various industries and applications against thefts are some of the driving factors of the market.

EAS system is an anti-theft technology to prevent shoplifting, by attaching an electronically detectable tag to products. Whenever there is an unbilled item passing through the gates of the store, an alert is issued for the retailers through the electronic gate sensors.

Electronic Article Surveillance (EAS) Systems Market: Leading Participants

Sentry Technology Corp, Checkpoint Systems Inc., Tyco Retail Solutions, Tekno Electro Solutions, Ketec Inc., ALL-TAG Security Americas Inc., Hangzhou Century Co., Ltd, Nedap N.V., Universal Surveillance Systems and Tag Co.

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The global Electronic Article Surveillance (EAS) Systems market is forecast to reach USD 4.52 Billion by 2026, according to a new report by Reports and Data. These materials are unique materials that are used in the medical, and aviation industry for various purposes such as for making batteries, sensors, and many other electronic components.

For the purpose of this report, Reports and Data have segmented into the global Electronic Article Surveillance (EAS) Systems market on the basis of technology, software, hardware, end-use industries and region:

Electronic Article Surveillance (EAS) Systems Market by type (Revenue, USD Million; 2018-2026)

Magneto-Harmonic

Acousto-Magnetic

Radio Frequency

Microwave

Electronic Article Surveillance (EAS) Systems Market by applications (Revenue, USD Million; 2018-2026)

Supermarkets

Apparel Stores

Cosmetics/Pharmacy

Fashion Accessories Stores

Electronic Article Surveillance (EAS) Systems Market, by components (Revenue, USD Million; 2018-2026)

Electronic Antenna

Deactivator/Detacher

Electronic Tag

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Regional Outlook (Revenue in USD Million; 2016-2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest:

• The Electronic Article Surveillance (EAS) Systems market is segmented by type into magnetic systems, acousto-magnetic systems, microwave systems and radio frequency systems. The radio frequency segment dominates the market with an approx. CAGR of 3.92% in the forecast period, since is relatively cheaper, making it an economical choice for small and mid-level retailers. Moreover, the smaller sized tags and labels can be another bane to the RF systems market.
• The Electronic Article Surveillance (EAS) Systems market is segmented by application into supermarkets, apparel stores, cosmetics/pharmacy, and fashion accessories stores. The market for supermarkets segment is expected to witness highest growth of CAGR 3.72% during the forecast period, maximum reports of theft and uplifting reported in thie s segment.
• The Electronic Article Surveillance (EAS) Systems Market is segmented by Geography into North, America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America, since has started an early adoption of the EAS systems, is expected to witness the highest growth in its CAGR 4.14% during the forecast period. Moreover, APAC leads the market, with a market share of USD 430.75 million in the base year, due to the domination of China, which is the home for some leading manufacturers of EAS systems….Continued

Key selling points of this research study:

1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.
2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector.
3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.
4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

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Key Questions Answered:

• What are the global production value and consumption value of Electronic Article Surveillance (EAS) Systems Market in the forecast period?
• Who are the key players in the global Electronic Article Surveillance (EAS) Systems Market?
• What will the Electronic Article Surveillance (EAS) Systems Market size and growth rate be in 2026?
• Which key factors will shape the competitive landscape in the forecast period?

Table of Content:

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Electronic Article Surveillance (EAS) Systems Segmentation & Impact Analysis

    4.1. Electronic Article Surveillance (EAS) Systems Material Segmentation Analysis

    4.2. Industrial Outlook

         4.2.1. Market indicators analysis

         4.2.2. Market drivers analysis

Continued…

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