Electronic article surveillance (EAS) is a technological method for preventing shoplifting from retail stores, pilferage of books from libraries or removal of properties from office buildings. Special tags are fixed to merchandise or books. These tags are removed or deactivated by the clerks when the item is properly bought or checked out. At the exits of the store, a detection system sounds an alarm or otherwise alerts the staff when it senses active tags. Some stores also have detection systems at the entrance to the restrooms that sound an alarm if someone tries to take unpaid merchandise with them into the restroom. For high-value goods that are to be manipulated by the patrons, wired alarm clips called spider wrap may be used instead of tags.
Scope of the Report:North America is the largest consumption of Electronic Article Surveillance (EAS) System, with a sales market share nearly 33.41% in 2017.
The second place is Asia-Pacific region; following North America with the sales market share over 28.12%. Asia Pacific is another important consumption market of Electronic Article Surveillance (EAS) System.
Electronic Article Surveillance (EAS) System used in Retail industry including Clothing &Fashion Accessories, Cosmetics/Pharmacy, Supermarkets & Large Grocery and Others. Report data showed that 37.62% of the Electronic Article Surveillance (EAS) System market demand in Supermarkets & Large Grocery, 30.34% in Clothing &Fashion Accessories, and 18.07% in Cosmetics/Pharmacy in 2017.
The global Electronic Article Surveillance (EAS) System market is valued at 1340 million USD in 2018 and is expected to reach 1650 million USD by the end of 2026, growing at a CAGR of 3.6% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Electronic Article Surveillance (EAS) System.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
This report studies the Electronic Article Surveillance (EAS) System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Electronic Article Surveillance (EAS) System market by product type and applications/end industries.
Market Segment by Companies, this report covers Checkpoint Systems
Tyco Retail Solutions
Nedap
Hangzhou Century Co., Ltd
Gunnebo Gateway
WGSPI
Ketec
All Tag
Universal Surveillance Systems
Market Segment by Regions, regional analysis covers 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)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Hard Tag
Soft Tag
Deactivator or Detacher
Detection system
Permanent Deactivation Tag
Market Segment by Applications, can be divided into Clothing &Fashion Accessories
Cosmetics/Pharmacy
Supermarkets & Large Grocery
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.