Electronic Article Surveillance (EAS) systems consist of tags and labels that are used to prevent shoplifting or theft of valuable properties. The electronic article surveillance market is growing rapidly due to the modernization of the retail sector and has come up with new innovations for protection against inventory loss due to shoplifting and theft.
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The retail sector has evolved a lot in the last few years and has attracted more and more retailers to deploy retail automation solutions based on innovative technologies like EAS. EAS successfully to provides flexible and easy to access services for both retailers and customers. Some major benefits of using Electronic Article Surveillance systems are, their potential to protect inventory loss due to shoplifting or theft, helps in optimizing retail store performance, and can enable inventory intelligence solutions combined with traffic counting.
These benefits have significantly driven growth in the global Electronic Article Surveillance (EAS) systems market. This market is expected to grow up to USD 1,190.9 millions by 2027, with a significant rise in the CAGR 3.60%.
Region-wise the APAC Electronic Article Surveillance (EAS) systems market is expected to display the highest growth rate. This is a resultant factor of the growing number of retail stores in apparel and fashion accessories. In addition to this, supermarkets and the mass merchandise sector are also expected to generate a notable demand for EAS systems.
Key players in this market include Agon Systems, ALL-TAG Corporation, Amersec, Checkpoint Systems, Johnson Controls, TAG Company, Ketec, WG Security Products, Softdel, Shenzhen Emeno Technology, Cross Point, Takachiho Koheki, Stanley Security, Shopguard Systems, Dexilon Automation, Feltron Security Systems, and Sentry Custom Security.
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Global Electronic Article Surveillance Market by Manufacturers, Countries, Type and Application, Forecast to 2023 Report “ Provides In-Depth Analysis Of Parent Market Trends, Macro-Economic Indicators And Governing Factors Along With Market Attractiveness As Per Segments.Introduction: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.
These tags are removed or deactivated by the clerks when the item is properly bought or checked out.
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.
Scope of the Global Electronic Article Surveillance Market ReportThis report focuses on the Electronic Article Surveillance in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.
This report categorizes the market based on manufacturers, regions, type and application.Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2159719 The worldwide market for Electronic Article Surveillance is expected to grow at a CAGR of roughly 3.3% over the next five years, will reach 1620 million US$ in 2023, from 1330 million US$ in 2017, according to a new GIR (Global Info Research) study.north America is the largest consumption of Electronic Article Surveillance (EAS) System, with a sales market share nearly33.54% in 2016..The second place is Asia-Pacific region; following North America with the sales market share over 28.01%.
Report data showed that 37.51% of the Electronic Article Surveillance (EAS) System market demand in Supermarkets & Large Grocery, 30.27% in Clothing Accessories, and 18.17% in Cosmetics/Pharmacy in 2016.
Deactivator Electronic Article Surveillance (EAS) System Market 2021: Global Business Growth, Demand, Trends, Forecasts till 2027 A report was released recently that sheds lots of light on the Deactivator Electronic Article Surveillance (EAS) System Industry.
An in-depth study in some new and prominent industry trends, analysis of the competition and regional analysis that is very detailed have been included in the report of the Deactivator Electronic Article Surveillance (EAS) System market for the review period of 2021 – 2027.Key PlayersThe report discusses the key players in the market who have provided a huge contribution in the growth of the Deactivator Electronic Article Surveillance (EAS) System Market and dominate the market share.
The report provides insights into the strategies used by the key players in order to gain a strong base in the Deactivator Electronic Article Surveillance (EAS) System Market.The major players covered in Deactivator Electronic Article Surveillance (EAS) System Markets: Checkpoint Systems, Tyco Retail Solutions, Nedap, Hangzhou Century Co., Ltd, Gunnebo Gateway, WGSPI, Ketec, All Tag, and Universal Surveillance Systems The final report will add the analysis of the Impact of Covid-19 in this report Deactivator Electronic Article Surveillance (EAS) System industry.Get a Sample Copy @ https://www.reportsandmarkets.com/sample-request/global-deactivator-electronic-article-surveillance-eas-system-market-3900500?utm_source=techsite_medium=24Drivers and RisksThe report pays special attention to factors which contribute to the Deactivator Electronic Article Surveillance (EAS) System Market growth also known as market drivers.
Any changes in these market dynamics directly affect the market growth hence the report provides a future insight into important factors that should be monitored and which could be leveraged by companies, vendors, distributors and all stakeholders alike to their advantage.
The report also provides an insight into the challenges faced by the market and the strategies used by existing players to overcome or avoid these risks.Regional overviewAs already mentioned, the report covers different regions such as North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
It is important to understand where the Deactivator Electronic Article Surveillance (EAS) System market has been, currently is and where it is projected to go so that an accurate picture of the future may be painted.
