Global Electronic Article Surveillance (EAS) Systems Market 2018-2022

The global electronic article surveillance (EAS) systems market size will reach USD 1.7 billion by 2022. This report provides an analysis of the market by application (apparel and fashion accessories, cosmetics and pharmaceuticals, supermarkets and grocery stores, and others) and geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several companies including Checkpoint Systems (Division of CCL Industries), Gunnebo Gateway, Hangzhou Century, Nedap, and Tyco Retail Solutions (Division of Johnson Controls) among others.

Global Electronic Article Surveillance (EAS) Systems Industry Overview

Analyzing factors that will have a significant impact on the growth of the market, our analysts have identified the growing need for preventing retail shrinkage as one of the major factors driving market growth. Factors such as the poor inventory management, inefficient operations, and theft by employees and customers result in retail shrinkage and affect the profitability of retailers. It forces retailers to reduce their staff to manage operating costs. Consequently, retailers are encouraged to introduce loss prevention programs and EAS systems to minimize shoplifting and shrinkage loss.

“Shoplifting techniques have improved in recent years; thieves are exploring new technologies to thieve products. This is prompting retailers to adopt sophisticated antishoplifting systems such as EAS systems. An increasing number of retailers, particularly large retailers with several outlets, invest in EAS systems to help retail profits,” says a senior research analyst at Technavio for the IT hardware industry.

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Companies covered

The electronic article surveillance (EAS) systems market is concentrated due to the presence of a few companies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this electronic article surveillance (EAS) systems industry analysis report will aid clients identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of a number of companies including:

• Checkpoint Systems (Division of CCL Industries)
• Gunnebo Gateway
• Hangzhou Century
• Nedap
• Tyco Retail Solutions (Division of Johnson Controls)

Electronic article surveillance (EAS) systems market growth based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the Americas will make the largest contribution to the growth of this market throughout the forecast period.

Electronic article surveillance (EAS) systems market growth based on application

• Apparel and fashion accessories
• Cosmetics and pharmaceuticals
• Supermarkets and grocery stores

According to our market research experts, the apparel and fashion accessories segment accounted for the highest market share in 2017. Additionally, the report also provides an accurate analysis of the contribution of the various products segments to the growth of the electronic article surveillance (EAS) systems market size.

Key highlights of the global electronic article surveillance (EAS) systems market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the electronic article surveillance (EAS) systems market during the next five years
• Precise estimation of the global electronic article surveillance (EAS) systems market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the electronic article surveillance (EAS) systems industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of electronic article surveillance (EAS) systems companies

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global electronic article surveillance (EAS) systems market and its stakeholders over the forecast years. The market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market until 2022.

Some of our other markets research reports from the ICT vertical include PC peripherals market and the printers market.

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