Global Electronic Article Surveillance Market Business Strategies, Revenue and Growth Rate Upto 2029

Electronic Article Surveillance Market was worth US$ 1.19 Bn. in 2022 and total revenue is expected to grow at a rate of 3.6 % CAGR from 2023 to 2029, reaching almost US$ 1.53 Bn. in 2029.

Electronic Article Surveillance Market Report Overview

The forecasting process primarily hinges on the analysis of historical data alongside current trends in the "Electronic Article Surveillance market". This comprehensive data collection employs a blend of primary and secondary research methodologies. The report encompasses vital components such as market size, share, regional analysis, dynamics, CAGR, and future trends. This holistic approach renders the report an invaluable guide for investors, as it offers an insightful and forward-looking perspective on the Electronic Article Surveillance industry.

Electronic Article Surveillance Market was worth US$ 1.19 Bn. in 2022 and total revenue is expected to grow at a rate of 3.6 % CAGR from 2023 to 2029, reaching almost US$ 1.53 Bn. in 2029.

Electronic Article Surveillance Market Report Scope and Research Methodology

The report presents historical data and forecasts on a global, regional, and country level, delivering an in-depth examination of Electronic Article Surveillance market trends within each segment and their respective sub-segments from 2023 to 2029. Maximize Market Research employs data triangulation as the primary research methodology, encompassing an evaluation of how data variables impact the Electronic Article Surveillance market, data mining, and validation via primary sources such as industry experts.

The analysis of complex Electronic Article Surveillance industry data has been presented in straightforward language within the research report. SWOT analysis was leveraged to outline the strengths, weaknesses, opportunities, and threats for key players in the industry. To estimate the market size, a bottom-up approach was employed.

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Electronic Article Surveillance Market Regional Analysis

The report provides a detailed analysis of the Electronic Article Surveillance market dynamics, Government initiatives and stringent rules and regulations influencing the market in each region. A detailed analysis of the market in North America, Asia Pacific, Europe, Middle East and Africa and South America are included in the report. 

Electronic Article Surveillance Market Segmentation

by Component

Tags
Antennas
Detachers

The market is divided into Tags, Antennas, and Detachers based on Component. Tags are expected to dominate the market share because they provide greater protection for objects, which reduces theft and shoplifting. Stores selling apparel and accessories make up the majority of tag demand.

Items are better protected with tags, which lowers theft and stealing. An alarm is set off when tags in an active condition pass across an EAS detection zone at a store's entrance or departure. Hard and soft tags are the two types available on the market. Most tags and labels function similarly when it comes to being detected by the security antennas that are located at the entrances. Retailers of clothing and fashion accessories account for the majority of tag demand.

by Type

Magneto-harmonic
Acousto-magnetic
Radiofrequency
Microwave

The market is divided into Tags, Antennas, and Detachers based on Component. Tags are expected to dominate the market share because they provide greater protection for objects, which reduces theft and shoplifting. Stores selling apparel and accessories make up the majority of tag demand.

Items are better protected with tags, which lowers theft and stealing. An alarm is set off when tags in an active condition pass across an EAS detection zone at a store's entrance or departure. Hard and soft tags are the two types available on the market. Most tags and labels function similarly when it comes to being detected by the security antennas that are located at the entrances. Retailers of clothing and fashion accessories account for the majority of tag demand, and as

by Application

Clothing and fashion accessories
Cosmetics
Supermarkets and mass merchandise
Others

The market is divided into categories based on application, including mass merchandise, supermarkets, cosmetics, apparel, and fashion accessories. To improve the shopping experience, mass merchandisers and supermarkets have been converting to smart stores in recent years. In order to stay up with the rapid changes in consumer behavior and the emergence of new trends, a lot of store operators are implementing new technologies in both their supply chains and their physical storefronts. These technologies enable them to test new delivery strategies, create private labels, and collaborate with top internet connectivity providers to increase their market share. It is anticipated that the mass merchandise and supermarket industries would continue to do better in the upcoming years.

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Table of Content: Electronic Article Surveillance Market

Part 01: Executive Summary

Part 02: Scope of the Electronic Article Surveillance Market Report

Part 03: Global Electronic Article Surveillance Market Landscape

Part 04: Global Electronic Article Surveillance Market Sizing

Part 05: Global Electronic Article Surveillance Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Electronic Article Surveillance Key Players

1. Johnson Controls International plc
2. CCL Industries, Inc.
3. All Tag Corporation
4. Ketec, Inc.
5. Sentry Technology Corporation
6. WG Security Products, Inc.
7. SafeGear ApS.
8. Gunnebo Gateway AB
9. Agon Systems Ltd.
10.Tyco Retail Solutions
11.Checkpoint Solutions
12.Nedap
13.Universal surveillance system
14.Hangzhou Century Co. Ltd (China)
15.Sentry Technology

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Key Questions answered in the Electronic Article Surveillance Market Report are:

  • What is the expected CAGR of the Electronic Article Surveillance market during the forecast period?
  • What are the Electronic Article Surveillance market segments?
  • Which region of the Electronic Article Surveillance market is expected to grow at a high rate during the forecast period?
  • What is the expected CAGR of the Electronic Article Surveillance market during the forecast period?
  • What are the emerging trends in the Electronic Article Surveillance market?
  • What are the factors restraining the Electronic Article Surveillance market growth?

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Key offerings:

  • Market Share, Size, and Forecast by Revenue|2024-2030
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation- A detailed analysis of each segment and their segments
  • Competitive Landscape - Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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