The Electronic Article Surveillance Market to deliver improved profitability in near future

The global electronic article surveillance (EAS) system market is valued at USD 1.28 billion in 2016 and is expected to reach USD 1.91 billion by the end of 2026, growing at a CAGR of 4.1% between 2017 and 2025.

Electronic article surveillance (EAS) is a technological method for preventing shoplifting for preventing shoplifting in retail stores, libraries, pharmacy, and other businesses where merchandise is on display. Electronic article surveillance (EAS) system involves three components namely electronic antenna, deactivator or detacher, electronic tag. Retailers can expect an estimated 60 to 80 per cent decrease in anti-shoplifting after implementing an electronic article surveillance system and are useful anywhere there is an opportunity for theft of items of any size.

Download Free Report Sample@ https://www.profsharemarketresearch.com/enquiry/electronic-article-surveillance-eas-system-market-report-enquiry/

Sensor tags and labels are fixed to items and are removed or deactivated by the clerks using a label deactivator when the item is properly bought or checked out. If the active tags are passing by then detection systems that are installed at building exits will sound an alarm or alert the staff. Thus, electronic article surveillance systems enables retailer to safely allow a customer free ranges of many of their items while minimizing stock theft. This system also allows the tagged stock to be easily seen and accessed by customers, rather than putting them in locked glass cabinets or behind the counter.

North America is the largest electronic article surveillance system followed by Europe and Asia-Pacific. Asia Pacific is anticipated to witness highest growth during the forecast period due to its flourishing economy. Electronic article surveillance is considered the most successful and effective and scalable anti-shoplifting system available its popularity has soared over the last decade, with reports indicating over one million EAS systems have been installed globally, primarily within the retail sector.

Global Electronic Article Surveillance (EAS) System Market: Competitive Analysis

Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Electronic Article Surveillance (EAS) System Market:
• Checkpoint Systems
• Tyco Retail Solutions
• Nedap
• Hangzhou Century Co., Ltd
• Gunnebo Gateway
• Sentry Technology
• Ketec
• All Tag
• Universal Surveillance Systems

Get full report with TOC@ https://www.profsharemarketresearch.com/electronic-article-surveillance-eas-system-market-report/

Profshare Market Research is a full service market research company that delivers in depth market research globally. We operate within consumer and business to business markets offering both qualitative and quantitative research services. We work for private sector clients, along with public sector and voluntary organisations.

Profshare Market Research publishes high quality, in-depth market research studies, to help clients obtain granular level clarity on current business trends and expected future developments. We are committed to our client’s needs, providing custom solutions best fit for strategy development and implementation to extract tangible results.

Mia Cox
Sales Manager
Profshare Market Research
US : +1-646-776-5607
miacox@profsharemarketresearch.com

This release was published on openPR.