Global Electronic Article Surveillance (EAS) System Market Growth (Status and Outlook) 2023-2029

Global Electronic Article Surveillance (EAS) System Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Electronic Article Surveillance (EAS) System Industry Forecast” looks at past sales and reviews total world Electronic Article Surveillance (EAS) System sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Article Surveillance (EAS) System sales for 2023 through 2029. With Electronic Article Surveillance (EAS) System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Article Surveillance (EAS) System industry.

This Insight Report provides a comprehensive analysis of the global Electronic Article Surveillance (EAS) System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Article Surveillance (EAS) System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Article Surveillance (EAS) System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Article Surveillance (EAS) System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Article Surveillance (EAS) System.

The global Electronic Article Surveillance (EAS) System market size is projected to grow from US$ 1490.9 million in 2022 to US$ 1927.1 million in 2029; it is expected to grow at a CAGR of 3.7% from 2023 to 2029.

Global Electronic Article Surveillance (EAS) System key players include Checkpoint Systems, Tyco Retail Solutions, Hangzhou Century Co., Ltd, etc. Global top three manufacturers hold a share over 45%.

North America is the largest market, with a share over 30%, followed by Europe, and Asia-Pacific, both have a share over 55 percent.

In terms of product, Soft Tag is the largest segment, with a share over 85%. And in terms of application, the largest application is Supermarkets and Large Grocery, followed by Clothing and Fashion Accessories, Cosmetics or Pharmacy, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Article Surveillance (EAS) System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type

Hard Tag

Soft Tag

Deactivator Or Detacher

Detection System

Permanent Deactivation Tag

Segmentation by application

Clothing and Fashion Accessories

Cosmetics or Pharmacy

Supermarkets and Large Grocery

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Checkpoint Systems

Tyco Retail Solutions

Nedap

Hangzhou Century Co., Ltd

Gunnebo Gateway

WGSPI

Ketec

All Tag

Universal Surveillance Systems

Please note: The report will take approximately 2 business days to prepare and deliver.