Author: Vikas Kumar
19 November 2022
Electronic article surveillance (EAS) is a type of system used to prevent shoplifting. If you’ve ever been to a store and heard an alarm when somebody was exiting you’ve seen the EAS system in action. The rising number of deployments of the EAS systems in retail stores is due to the adoption of the innovative approach of the stores to prevent theft. Furthermore, with the prevention of shoplifting, the retail stores also try to enhance the consumer experience the stores also proliferate the market for EAS systems.
The electronic article surveillance market is expected to grow at a steady rate of around 4% owing to the rising of demands for the fashion industry.Major companies in the market offer Checkpoint Systems, Johnson Controls, Agon Systems, ALL-TAG Corporation, Amersec, TAG Company, Ketec, WG Security Products, Softdel, and Shenzhen Emeno Technology.
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Based on the component, the market has been categorized into tags, antennas & detachers, and others. Among them, the tags segment is expected to have significant growth in the market. The tags are the small signal transmitter that buzzes the alarm when it comes near the antennas. Further, the increasing incidences of shoplifting increase the demand for tags due to their cost efficiency and easy availability.
Based on the technology, the market has been categorized into video wall, acousto-magnetic, electromagnetic, radio frequency, and microwave. Among them, the radio frequency segment is expected to have significant growth in the market during the forecast period. The rising adoption of radio frequency technology in the apparel industry and increasing demand for devices that can detect theft over long distances owing to the segmental growth of the RF technology.
Based on the end-users, the market has been categorized into apparel & fashion accessories stores, supermarkets & mass merchandise stores, drug & health product stores, and others. Among them, the supermarkets & mass merchandise stores segment is expected to have significant growth in the market during the forecast period. The supermarket provides a variety of products of varying price ranges that increase the risk of shoplifting and theft within the stores. Therefore, the demand for EAS systems from supermarkets & mass merchandise stores increases.
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For a better understanding of the market adoption of the electronic article surveillance industry, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of APAC), and Rest of World. The Asia Pacific constitutes a significant electronic article surveillance market due to the increasing disposable income of the people along with the rising number of retail stores in the region. Some of the major players operating in the market include Checkpoint Systems, Johnson Controls, Agon Systems, ALL-TAG Corporation, Amersec, TAG Company, Ketec, WG Security Products, Softdel, and Shenzhen Emeno Technology.
Global Electronic Article Surveillance Market Segmentation
Market Insight, by Component
• Tags
• Antennas & Detachers• Others
Market Insight, by Technology
• Video wall
• Acousto-magnetic• Electromagnetic• Radio frequency• Microwave
Market Insight, by Region
Top Company Profiles
• Checkpoint Systems
• Johnson Controls• Agon Systems• ALL-TAG Corporation• Amersec• TAG Company• Ketec• WG Security Products• Softdel• Shenzhen Emeno Technology.
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