The research report on the Global Electronic Article Surveillance (EAS) Systems Market presents a comprehensive assessment of the market, including future trends, current factors driving the growth of the market, and validated market data.
New York, NY -- (SBWIRE) -- 11/06/2020 -- The report is updated Electronic Article Surveillance (EAS) Systems Market with the current economic scenario and business landscape owing to the COVID-19 pandemic. The subsequent economic slowdown and social restrictions have impacted the key segments of the markets. The report provides an extensive analysis of the impact of COVID-19 on the current market scenario and key insights into the future outlook of the market growth.
The Electronic Article Surveillance (EAS) Systems Market is expected to grow from USD 1,723 million in 2018 to USD 2,156 million by 2026, at a CAGR of 2.80% during the forecast period. Growth in the number of theft or shoplifting incidents reported at retail stores of merchandise & books, increasing profits in the retail markets, growing need for better merchandise management, logistics control, and customer experience, which increases the profit margin, and the operational processes in the retail stores, emergence of walk-in shopping complexes in place of traditional stores and need for better security systems across various industries and applications against thefts are some of the driving factors of the market.
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To gain a deeper understanding of the Electronic Article Surveillance (EAS) Systems market, the report further provides an exhaustive analysis of the competitive landscape, including profiling of the competitors, revenue, % revenue market share, and technological and product advancements. The report also explores the new entrants, strategic alliances and collaborations, mergers, acquisitions, partnerships, agreements, and deals of the established companies. The report also sheds light on the government policies and their amendments related to the Electronic Article Surveillance (EAS) Systems market.
Key Manufacturers of the Electronic Article Surveillance (EAS) Systems Market Studied in the Report are:
Electronic Article Surveillance (EAS) Systems market are Sentry Technology Corp, Checkpoint Systems Inc., Tyco Retail Solutions, Tekno Electro Solutions, Ketec Inc., ALL-TAG Security Americas Inc., Hangzhou Century Co., Ltd, Nedap N.V., Universal Surveillance Systems and Tag Co.
Furthermore, the report focuses on the segmentation of the global Electronic Article Surveillance (EAS) Systems market based on types and applications.
Electronic Article Surveillance (EAS) Systems Market Segmentation based on Product Types:
Electronic Article Surveillance (EAS) Systems Market Segmentation based on Applications:
Fashion Accessories Stores
Regional Analysis of the Electronic Article Surveillance (EAS) Systems Market Includes:
· North America (U.S., Canada)
· Europe (U.K., Italy, Germany, France, Rest of EU)
· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Answered in the Report:
· What will be the estimated growth rate of the Electronic Article Surveillance (EAS) Systems market in 2027?
· Who are the prominent distributors, vendors, and manufacturers of the market?
· What are the driving and restraining factors of the growth of the Electronic Article Surveillance (EAS) Systems market throughout the forecast period?
· What are the current and future market trends of the Electronic Article Surveillance (EAS) Systems market?
· Which region is expected to dominate the market in the coming years?
· What are the key products and applications offered by the Electronic Article Surveillance (EAS) Systems market?
· Which segment is anticipated to show lucrative growth throughout the projected timeline?
The report analyses entry barriers for new entrants of the market and provides strategic recommendations to help enable the decision making process for efficient business decisions. The report aims to provide beneficial information to the new entrants as well as major players to assist them in gaining a robust footing in the market.
The report also covers a thorough SWOT analysis and Porter's Five Forces analysis to provide a better understanding of the growth curve of the key competitors of the market. It also covers feasibility analysis and investment return analysis to ascertain the stakeholders and investors gain maximum returns on their investments. In conclusion, the global Electronic Article Surveillance (EAS) Systems report is a qualitative and quantitative research document that offers vital insights into the Electronic Article Surveillance (EAS) Systems market that help businesses and investors gain a competitive edge over the other competitors.
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