Los Angeles, CA -- (SBWire) -- 04/26/2019 --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.
North America is the largest consumption of Electronic Article Surveillance (EAS) System, with a sales market share nearly 33.41% in 2017.
The second place is Asia-Pacific region; following North America with the sales market share over 28.12%. 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 37.62% of the Electronic Article Surveillance (EAS) System market demand in Supermarkets & Large Grocery, 30.34% in Clothing &Fashion Accessories, and 18.07% in Cosmetics/Pharmacy in 2017.
In 2018, the global Electronic Article Surveillance (EAS) System market size was 1340 million US$ and it is expected to reach 1740 million US$ by the end of 2025, with a CAGR of 3.3% between 2019 and 2025.
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This report studies the Electronic Article Surveillance (EAS) System market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
Checkpoint Systems
Tyco Retail Solutions
Nedap
Hangzhou Century Co., Ltd
Gunnebo Gateway
WGSPI
Ketec
All Tag
Universal Surveillance Systems
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Hard Tag
Soft Tag
Deactivator or Detacher
Detection system
Permanent Deactivation Tag
Market segment by Application, the market can be split into
Clothing &Fashion Accessories
Cosmetics/Pharmacy
Supermarkets & Large Grocery
Others
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Electronic Article Surveillance (EAS) System Market Is Expected to Reach 1740 Million US$ by the End of 2025
Electronic Article Surveillance (EAS) System Market Report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.