In its recent publication, MMR has released an extensive report on the ”Electronic Article Surveillance Market”, blending primary and secondary data analyses. Industry experts have meticulously scrutinized the Electronic Article Surveillance market from both local and global perspectives, providing a thorough examination of market size, share, and segment-specific insights. This report serves as an invaluable guide for potential investors.

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The reader may better grasp developing market trends, drivers, constraints, opportunities, and challenges at the global and regional levels for the worldwide market by reading this in-depth analysis and explanation of the dynamics of the global Electronic Article Surveillance market.

The growing digitization of retail outlets is driving the global market for electronic article surveillance systems (EAS). Traditional storefronts are being converted into a walk-in shopping center. The growing rate of theft and shoplifting, which is fueling the need for surveillance systems, is another major factor propelling the global Electronic Article Surveillance System (EAS) Market.

Traffic counts, the EAS system in healthcare, and the increasing need for inventory intelligence technologies are some more significant drivers. The Electronic Article Surveillance System (EAS) Market is expected to soar to new heights due to the rising interest in digital technologies and the integration of RFID with EAS. Furthermore, the tremendous development potential of emerging nations will present an opportunity for the

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This report offers an in-depth analysis of the Electronic Article Surveillance market at the global, regional, and country levels. It presents a comprehensive overview of the competitive landscape, detailing the business strategies adopted by key industry players. The report includes a list of key competitors, providing insights into their revenue, production capacity, sales, and global presence. Employing SWOT analysis, the strengths and weaknesses of key players are outlined. Furthermore, the report covers market dynamics, encompassing drivers, restraints, opportunities, and challenges.

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Utilizing a bottom-up approach, the report estimates both global and regional Electronic Article Surveillance market sizes. Primary and secondary research methods were employed to gather data on market size, market share, regional insights, market dynamics, and historical industry data. A detailed value chain analysis is presented, elucidating the manufacturing process of Electronic Article Surveillance including information on raw materials, customers, and distributors. Additional analyses such as PORTER, PESTLE, and market attractiveness aid in understanding the Electronic Article Surveillance market at macro and micro levels.

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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.

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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 Magneto-harmonic, Acousto-magnetic, Radiofrequency, and Microwave segments based on type. RF technology now dominates the market, and it is anticipated that this trend will hold true for the duration of the forecast. The rise of RF technology is being driven by the growing use of RF technology-based components in end-users such mass merchandise stores, pharmacies, and stores selling health and beauty products, as well as supermarkets and garment and accessory stores. Critical features that contribute to the market's supremacy include RF technology's ultra-long detection range, ease of installation and operation, low false alarm rate, strong anti-interference ability, high stability, and durability.

by Application

Clothing and fashion accessories
Cosmetics
Supermarkets and mass merchandise
Others

The market is divided into Magneto-harmonic, Acousto-magnetic, Radiofrequency, and Microwave segments based on type. RF technology now dominates the market, and it is anticipated that this trend will hold true for the duration of the forecast. The rise of RF technology is being driven by the growing use of RF technology-based components in end-users such mass merchandise stores, pharmacies, and stores selling health and beauty products, as well as supermarkets and garment and accessory stores. Critical features that contribute to the market's supremacy include RF technology's ultra-long detection range, ease of installation and operation, low false alarm rate, strong anti-interference ability, high stability, and durability.

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Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Electronic Article Surveillance market in these countries, which covering North America - U.S., Canada, Mexico, Europe - UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific - China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America - Brazil, and Middle East and Africa.

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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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Part 01: Executive Summary

Part 02: Scope of the Electronic Article Surveillance Market Report

Part 03: Electronic Article Surveillance Market Landscape

Part 04: Electronic Article Surveillance Market Sizing

Part 05: 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

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• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by Application, Technology, Type, End-User and Region
• Competitive Landscape – Profiles of selected key players by region in a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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