EAS Antennas Market by Application and Geography - Forecast and Analysis 2021-2025

The EAS antennas market share is expected to increase by USD 57.12 million from 2020 to 2025, at a CAGR of 3.19%.

This EAS antennas market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers EAS antennas market segmentation by application (apparel and fashion accessories, cosmetics and pharmaceuticals, supermarkets and large grocery stores, and other retail stores) and geography (APAC, North America, Europe, MEA, and South America). The EAS antennas market report also offers information on several market vendors, including Agon Systems Ltd., CCL Industries Inc., Century Retail Europe BV, Dialoc ID Products BV, Gunnebo AB, Hangzhou Century Co. Ltd., Hangzhou Ontime IT Co. Ltd., Johnson Controls International Plc, Mighty Cube Co. Ltd., and Nedap NV among others.

What will the EAS Antennas Market Size be During the Forecast Period?

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EAS Antennas Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increase in spending on retail security systems is notably driving the EAS antennas market growth, although factors such as high implementation costs may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the EAS antennas industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key EAS Antennas Market Driver

The increasing investment in retail security systems is one of the key drivers that will stimulate market growth during the forecast period. Retailers highly prefer security systems such as electronic article surveillance (EAS) antennas to prevent shoplifting and enhance their operational efficiency. The installation of these systems will continue to increase during the projected period because they improve inventory management and enhance the shopping experience for customers.  

Key EAS Antennas Market Trend

The integration of RFID in EAS tags is one of the key EAS antennas market trends gaining traction. The integration of RFID and EAS results in the development of RF EAS systems. The adoption of these systems is increasing in retail outlets because they minimize shrinkage. These systems help retail outlet owners to track fast-moving products and replenish them from time to time.

This EAS antennas market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the EAS antennas market during the forecast period.

Who are the Major EAS Antennas Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Agon Systems Ltd.
• CCL Industries Inc.
• Century Retail Europe BV
• Dialoc ID Products BV
• Gunnebo AB
• Hangzhou Century Co. Ltd.
• Hangzhou Ontime IT Co. Ltd.
• Johnson Controls International Plc
• Mighty Cube Co. Ltd.
• Nedap NV

 

This statistical study of the eas antennas market encompasses successful business strategies deployed by the key vendors. The EAS antennas market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The EAS antennas market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

EAS Antennas Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the eas antennas market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for EAS Antennas Market?

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79% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea (Republic of Korea) are the key markets for EAS antennas in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The growing middle-class population in countries, such as India, China, Singapore, and Indonesia, coupled with the high demand from inland and low-tier cities will facilitate the EAS antennas market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the EAS Antennas Market?

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The EAS antennas market share growth by the apparel and fashion accessories segment will be significant during the forecast period. To prevent theft and loss of revenue, it is becoming necessary for apparel and fashion accessory retail outlets to install EAS antennas. The growth in the number of stores for apparel and fashion accessories is anticipated to drive the demand for EAS antennas in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the EAS antennas market size and actionable market insights on post COVID-19 impact on each segment.

 

EAS Antennas Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Decelerate at a CAGR of 3.19%
Market growth 2021-2025	$ 57.12 million
Market structure	Fragmented
YoY growth (%)	4.05
Regional analysis	APAC, North America, Europe, MEA, and South America
Performing market contribution	APAC at 79%
Key consumer countries	China, US, Japan, South Korea (Republic of Korea), and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Agon Systems Ltd., CCL Industries Inc., Century Retail Europe BV, Dialoc ID Products BV, Gunnebo AB, Hangzhou Century Co. Ltd., Hangzhou Ontime IT Co. Ltd., Johnson Controls International Plc, Mighty Cube Co. Ltd., and Nedap NV
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this EAS Antennas Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive eas antennas market growth during the next five years
• Precise estimation of the EAS antennas market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the EAS antennas industry across APAC, North America, Europe, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of EAS antennas market vendors

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