Press release
Electronic Article Surveillance Market Size, Share, Development by 2023
Electronic article surveillance (EAS) is a technological method for preventing shoplifting from retail stores, pilferage of books from libraries or removal of properties from office buildings. Special tags are fixed to merchandise or books. These tags are removed or deactivated by the clerks when the item is properly bought or checked out. At the exits of the store, a detection system sounds an alarm or otherwise alerts the staff when it senses active tags. Some stores also have detection systems at the entrance to the restrooms that sound an alarm if someone tries to take unpaid merchandise with them into the restroom. For high-value goods that are to be manipulated by the patrons, wired alarm clips called spider wrap may be used instead of tags.
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Global Electronic Article Surveillance Market: Forecast by Type / Application / Region
North America is the largest consumption of Electronic Article Surveillance (EAS) System, with a sales market share nearly33.54% in 2016.
The second place is Asia-Pacific region; following North America with the sales market share over 28.01%. Asia Pacific is another important consumption market of Electronic Article Surveillance (EAS) System.
Electronic Article Surveillance (EAS) System used in Retail industry including Clothing &Fashion Accessories, Cosmetics/Pharmacy, Supermarkets & Large Grocery and Others. Report data showed that 37.51% of the Electronic Article Surveillance (EAS) System market demand in Supermarkets & Large Grocery, 30.27% in Clothing &Fashion Accessories, and 18.17% in Cosmetics/Pharmacy in 2016.
Briefly speaking, in the next few years, Electronic Article Surveillance (EAS) System industry will still be a relative highly energetic industry. Sales of Electronic Article Surveillance (EAS) System have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
Over the next five years, LPI(LP Information) projects that Electronic Article Surveillance will register a 3.3% CAGR in terms of revenue, reach US$ 1620 million by 2023, from US$ 1330 million in 2017.
Global Electronic Article Surveillance Market: Key Players
Checkpoint Systems
Tyco Retail Solutions
Nedap
Hangzhou Century Co., Ltd
Gunnebo Gateway
Sentry Technology
Ketec
All Tag
Universal Surveillance Systems
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Related Information:
United States Electronic Article Surveillance Market Research Report 2018
Europe Electronic Article Surveillance Market Research Report 2018
North America Electronic Article Surveillance Market Research Report 2018
Asia-Pacific Electronic Article Surveillance Market Research Report 2018
China Electronic Article Surveillance Market Research Report 2018
EMEA Electronic Article Surveillance Market Research Report 2018
Global Electronic Article Surveillance Market Research Report 2018
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