Bottom Article Ad

Wednesday, May 26, 2021

Global Electronic Article Surveillance Market to be Driven by Modernizing the Retail Sector in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Electronic Article Surveillance Market Size, Share, Price, Growth, Analysis, Outlook, Report and Forecast 2021-2026’, gives an in-depth analysis of the global electronic article surveillance market, assessing the market based on its components, types, end users, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents –

The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 1.12 billion
• Forecast CAGR (2021-2026): 3.6%
• Forecast Market Size (2026): USD 1.45 billion

The key factors driving the growth of the electronic article surveillance market are the increasing focus on modernising the retail sector and defending against stock shortages, shoplifting, and theft. An increasing number of retailers are implementing revolutionary technology-based retail automation solutions, such as electronic article surveillance, to ensure enhanced protection of products from theft and shoplifting and further enhance customer experience with goods that are flexible and easy to access. With the retail sector’s transformation, several retailers are introducing electronic article surveillance solutions because they help protect stock from shoplifting and fraud, improve the efficiency of retail stores, and enable inventory intelligence solutions as well as traffic counting. These factors are aiding the growth of the industry.

Electronic Article Surveillance: Industry Definition and Segments

Electronic article surveillance (EAS) is a technical tool used in shops, retail stores, or similar places to deter shoplifting in businesses that display products. EAS systems are designed to suit a wide range of retailers’ product assortments and helps them prevent shrinkage. The use of this product ensures better protection from theft, fraud, and shoplifting, thus, improving the quality of retail stores.

Read Full Report with Table of Contents –

On the basis of component, the industry can be broadly categorised into:

• Tags
• Antennas
• Deactivators/Detachers

By type, the industry can be divided into:

• Acoustomagnetic
• Electromagnetic
• Radio Frequency
• Microwave

Based on end user, the industry can be divided into:

• Apparel and Fashion Accessories Stores
• Supermarkets and Mass Merchandise Stores
• Drug and Health Product Stores
• Others

The major regional markets of the product include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Industry Trends:

Goods are better protected from fraud and shoplifting with tags. When tags move through an electronic article surveillance identification area at the entrance or exit of a store in an active state, they generate a warning. The majority of tag demand comes from apparel and fashion accessories stores, thus, as the number of consumers grows, so does the number of retail outlets, which, in turn, is expected to fuel the growth of the overall electronic article surveillance industry. The electronic article surveillance market in the Asia Pacific is expected to expand at the fastest pace. Electronic article surveillance systems are expected to be in high demand in the clothing and fashion accessories, supermarkets, and mass merchandise segments as the number of retail stores grows across the region.

Key Market Players

The major players in the market are Johnson Controls International plc, CCL Industries, Inc., All Tag Corporation, Ketec, Inc., Sentry Technology Corporation, WG Security Products, Inc., SafeGear ApS., Gunnebo Gateway AB, and Agon Systems Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Related Reports:

Global Electric Scooter and Motorcycle Market:

Global Electric Mop Market:

Global Electric Mobility Market:

Global Electric Drives Market:

Global Elderly and Disabled Assistive Devices Market:

Global Elastography Imaging Market:

Global eGRC Market:

Global Egg Powder Market:

Global EEG Electrodes Market:

Global Edge Computing Market:

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Expert Market Research
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


Post a Comment