The Electronic Article Surveillance (EAS) System Market size is expected to grow from USD 1.13 billion in 2023 to USD 1.356 billion by 2030, at a CAGR of 3.6% during the forecast period. In the ever-evolving landscape of security and theft prevention, Electronic Article Surveillance (EAS) systems have emerged as a crucial component for retailers, libraries, and various industries. In this comprehensive guide, we delve into the world of EAS systems, exploring their significance, functionality, and the latest advancements. Let's unlock the potential of EAS systems and understand how they contribute to safeguarding assets and enhancing overall security.
Electronic Article Surveillance (EAS) is a sophisticated security system designed to deter theft and protect valuable merchandise and assets. It involves the use of electronic tags and sensors, which work in tandem to detect unauthorized removal of items from a designated area. These systems have gained immense popularity in retail and library settings, effectively reducing inventory shrinkage.
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Advantages of EAS Systems
EAS systems offer a wide array of benefits, making them an indispensable part of security measures for businesses. Here are some key advantages:
1. Theft Deterrence
EAS systems serve as a powerful deterrent against theft. The visible presence of these systems alone can discourage potential shoplifters.
2. Inventory Management
Retailers can efficiently manage their inventory and reduce losses due to theft. This not only saves money but also ensures products are always in stock.
3. Enhanced Customer Experience
Customers feel more secure and comfortable when they see that a store invests in their security. This can lead to increased customer loyalty and repeat business.
4. Integration with POS Systems
Many modern EAS systems can be integrated with Point of Sale (POS) systems, providing real-time data on inventory levels and potential theft incidents.
5. Reduced Labor Costs
With the automation provided by EAS systems, businesses can reduce the number of security personnel needed to monitor their premises.
Key Players:
The major players in the market are Shenzhen Emeno Technology, Softdel, TAG Company, Johnson Controls, Checkpoint Systems, Agon Systems, ALL-TAG Corporation, Amersec, Ketec, and WG Security Products.
Regional Analysis:
North America, Europe, Asia Pacific, and the Rest of the World are the regions segmented within the global electronic article surveillance system (EAS) market. Due to growing security concerns at retail locations, North America holds a sizable market share. Additionally, it has become crucial for US security surveillance authorities to efficiently watch and manage the customer crowd in a retail establishment. Future predictions call for rapid growth in the Asia Pacific region. This is due to the increase in supermarkets and retail outlets selling clothing and fashion accessories. High economic growth, rising consumerism, improving living standards, and rising disposable incomes are all present in the area.
Outlook & Recent Development:
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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.
