Global Electronic Article Surveillance (EAS) System Market Growth (Status and Outlook) 2019-2024

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.
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.

According to this study, over the next five years the Electronic Article Surveillance (EAS) System market will register a 3.6% CAGR in terms of revenue, the global market size will reach US$ 1650 million by 2024, from US$ 1340 million in 2019. In particular, this report presents the global revenue market share of key companies in Electronic Article Surveillance (EAS) System business, shared in Chapter 3.

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

This study considers the Electronic Article Surveillance (EAS) System value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Hard Tag
Soft Tag
Detection system
Permanent Deactivation Tag
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Clothing &Fashion Accessories
Cosmetics/Pharmacy
Supermarkets & Large Grocery
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Checkpoint Systems
Tyco Retail Solutions
Nedap
Hangzhou Century Co., Ltd
Gunnebo Gateway
WGSPI
Ketec
All Tag
Universal Surveillance Systems

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Electronic Article Surveillance (EAS) System market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electronic Article Surveillance (EAS) System market by identifying its various subsegments.
Focuses on the key global Electronic Article Surveillance (EAS) System players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electronic Article Surveillance (EAS) System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Electronic Article Surveillance (EAS) System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.