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.
Scope of the Report:
This report studies the Electronic Article Surveillance (EAS) System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Electronic Article Surveillance (EAS) System market by product type and applications/end industries.
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, Sentry Technology, Ketec, All Tag and Universal Surveillance Systems.
North America is the largest consumption of Electronic Article Surveillance (EAS) System, with a sales market share nearly 33.46% in 2015.
The second place is Europe region; following North America with the sales market share over 26.91%. 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 37.89% of the Electronic Article Surveillance (EAS) System market demand in Supermarkets & Large Grocery, 30.18% in Clothing &Fashion Accessories, and 18.43% in Cosmetics/Pharmacy in 2015.
There are four kinds productions Constituting the Electronic Article Surveillance (EAS) System, which are Hard Tag, Soft Tag, Deactivator or Detacher and Detection system. Detection system is important in the Electronic Article Surveillance (EAS) System, with a consumption market share nearly 34.37% in 2015.
Briefly speaking, in the next few years, Electronic Article Surveillance (EAS) System industry will still be a relative highly energetic industry. Sales of Electronic Article Surveillance (EAS) System have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
The global Electronic Article Surveillance (EAS) System market is valued at 1340 million USD in 2017 and is expected to reach 1620 million USD by the end of 2023, growing at a CAGR of 3.2% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Electronic Article Surveillance (EAS) System.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
Tyco Retail Solutions
Hangzhou Century Co., Ltd
Universal Surveillance Systems
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Deactivator or Detacher
Market Segment by Applications, can be divided into
Clothing &Fashion Accessories
Supermarkets & Large Grocery