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

Global Electronic Article Surveillance 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 Industry Forecast” looks at past sales and reviews total world Electronic Article Surveillance sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Article Surveillance sales for 2023 through 2029. With Electronic Article Surveillance 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 industry.
This Insight Report provides a comprehensive analysis of the global Electronic Article Surveillance 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 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 market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Article Surveillance 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.
The global Electronic Article Surveillance market size is projected to grow from US$ 1485 million in 2022 to US$ 1866.4 million in 2029; it is expected to grow at a CAGR of 3.3% from 2023 to 2029.
Currently, there are many producing companies in the world Electronic Article Surveillance (EAS) System industry, especially in North America and Europe. The main market players are Checkpoint Systems, Tyco Retail Solutions, Nedap, Hangzhou Century Co., Ltd, Gunnebo Gateway, WGSPI, Ketec, All Tag and Universal Surveillance Systems. Top two players are Checkpoint Systems and Tyco Retail Solutions, with 38% market shares. North America is the largest consumption of Electronic Article Surveillance (EAS) System, with a sales market share nearly 33%. The second place is Asia-Pacific region; following North America with the sales market share over 28%. Asia Pacific is another important consumption market of Electronic Article Surveillance (EAS) System.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Article Surveillance 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 &Fashion Accessories
Cosmetics/Pharmacy
Supermarkets & 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.