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The global electronic article surveillance market demand is expected to increase from USD 1.07 billion in 2019 to USD 1.2 billion by 2025, growing at a CAGR of 3.24% in the forecast period of 2020-2025. Modernizing the retail sector and defending against stock shortages, shoplifting, and theft are the main drivers for the development of the industry over the forecast period.
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Properties and Applications
Electronic article surveillance (EAS) is a technical tool to deter shoplifting in retail stores, libraries, and other businesses that display products.
The electronic article surveillance market can be segmented into component, type, and end-use.
The industry can be broadly categorised on the basis of its component into:
The industry can be divided based on its type as:
Based on the end-use sectors, the industry can be divided into:
The EMR report looks into the regional electronic article surveillance markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Due to factors such as the transformation of the retail sector, a growing number of retailers are introducing innovative technology-based retail automation solutions, like electronic article surveillance, to provide both retailers and consumers with products that are versatile and easy to access. As electronic article surveillance solutions help protect stock loss from shoplifting and fraud, improve the quality of retail stores, and allow inventory intelligence solutions along with traffic counting, several retailers are implementing electronic article surveillance solutions.
Tags provide superior theft and shoplifting protection for goods. Tags trigger an alert when passing through an electronic article surveillance identification area at the entrance or exit of a store in an active state. Most of the demand for tags are created from the apparel and fashion accessories stores, due to the increasing number of customers, the number of retail outlets is also rising at a rapid pace, thus, driving the growth of the tag market for electronic product surveillance.
It is expected that the Asia Pacific market will show the highest growth rate in the market for electronic article surveillance. A rising number of retail stores are expected to create significant demand for electronic article surveillance systems in the clothing and fashion accessories and the supermarkets and mass merchandise segments.
The report presents a detailed analysis of the following key players in the global electronic article surveillance market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Electronic Article Surveillance Market Analysis
6.1 Global Electronic Article Surveillance Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Global Electronic Article Surveillance Market Breakup by Component
6.3 Global Electronic Article Surveillance Market Breakup by Component: Historical Market (2015-2019) & Forecast (2020-2025)
6.4 Global Electronic Article Surveillance Market Breakup by Type
6.4.3 Radio Frequency
6.5 Global Electronic Article Surveillance Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.3 Radio Frequency
6.6 Global Electronic Article Surveillance Market Breakup by End User
6.6.1 Apparel and Fashion Accessories Stores
6.6.2 Supermarkets and Mass Merchandise Stores
6.6.3 Drug and Health Product Stores
6.7 Global Electronic Article Surveillance Market Breakup by End User: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 Apparel and Fashion Accessories Stores
6.7.2 Supermarkets and Mass Merchandise Stores
6.7.3 Drug and Health Product Stores
6.8 Global Electronic Article Surveillance Market Breakup by Region
6.8.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.8.3 Asia Pacific
6.8.4 Latin America
6.8.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
6.9 Global Electronic Article Surveillance Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.9.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
6.9.3 Asia Pacific
6.9.4 Latin America
6.9.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Competitive Landscape & Supplier Analysis
9.1 Johnson Controls International plc (NYSE: JCI)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 CCL Industries, Inc. (TSE: CCL.B)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 All Tag Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Ketec, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 Sentry Technology Corporation (OTCMKTS: SKVY)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 WG Security Products, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 SafeGear ApS.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 Gunnebo Gateway AB
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 Agon Systems Ltd.
9.9.1 Company Overview
9.9.2 Financial Analysis
10 Events and Developments
Additional Customization Available:
11 Procurement Strategy
11.1 Value Chain Analysis
11.2 Contract Terms
11.3 Buying and Sourcing Trends
11.4 Storage and Warehousing
11.5 Certifications and Regulations
11.6 Risk Factors
12 Trade Data Analysis
12.1 Major Exporting Countries: By Value and Volume
12.2 Major Importing Countries: By Value and Volume
13 Regional Price Analysis
14 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
14.3 Mass Balance
15 Cost Analysis and Project Economics
15.1 Land, Location and Site Development
15.3 Plant Machinery
15.4 Cost of Raw Material
15.9 Other Capital Investment
16 Production Cost Analysis
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