Press release
AM Electronic Article Surveillance Antennas Market Size 2024 to 2031.
Market Overview and Report CoverageThe AM Electronic Article Surveillance Antennas Market refers to the industry that produces antennas used in electronic article surveillance systems to prevent theft in retail stores. These antennas detect specially tagged items as they pass through the antennas at store exits, triggering an alarm if the items have not been properly deactivated or removed from the store.
The future outlook of the AM Electronic Article Surveillance Antennas Market is positive, with the market expected to grow at a CAGR of 12.40% during the forecasted period. The increasing adoption of electronic article surveillance systems by retailers to reduce theft and improve security in stores is driving the demand for AM Electronic Article Surveillance Antennas. Additionally, advancements in technology such as improved detection capabilities and integration with other retail security systems are expected to fuel further growth in the market.
Overall, the current and future outlook of the AM Electronic Article Surveillance Antennas Market is promising, with continued growth expected as retailers prioritize security and loss prevention in their stores.
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Market Segmentation
The AM Electronic Article Surveillance Antennas Market Analysis by types is segmented into:
• Single Type
• Pair Type
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Single type AM electronic article surveillance antennas refer to individual antennas that can be used as standalone systems for detecting tags on products. Pair type AM electronic article surveillance antennas consist of two antennas that work together in a paired system to provide a wider detection area and improved accuracy in identifying tagged items. Both types of antennas are commonly used in retail stores and other locations to prevent theft and protect merchandise from being stolen.
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The AM Electronic Article Surveillance Antennas Market Industry Research by Application is segmented into:
• Apparel and Fashion Accessories
• Cosmetics and Pharmaceuticals
• Supermarket and Large Grocery Stores
• Others
AM Electronic Article Surveillance Antennas are commonly used in various industries for theft prevention. In the apparel and fashion accessories market, these antennas are crucial for safeguarding high-value merchandise. In the cosmetics and pharmaceuticals sector, they help protect valuable products from being stolen. Supermarkets and large grocery stores utilize these antennas to prevent theft of items like alcohol and electronics. Furthermore, they are also used in other industries where theft prevention is a priority, such as electronics and home improvement stores.
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In terms of Region, the AM Electronic Article Surveillance Antennas Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
What are the Emerging Trends in the Global AM Electronic Article Surveillance Antennas market?
The global AM Electronic Article Surveillance (EAS) antennas market is witnessing several emerging trends that are shaping its growth. These trends include the rising adoption of RFID technology for better inventory management, increasing concerns about retail theft leading to higher demand for EAS systems, growing emphasis on improving in-store security measures, and the development of advanced antenna designs for better accuracy and efficiency. Additionally, the integration of EAS antennas with other technologies such as video surveillance and artificial intelligence is expected to drive further market growth. Overall, these trends highlight the increasing importance of EAS antennas in enhancing retail security and operational efficiency.
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Major Market Players
Checkpoint Systems is a leading player in the AM Electronic Article Surveillance Antennas Market. The company has a strong history of providing innovative solutions for retail security and loss prevention. Checkpoint Systems has shown steady market growth over the years, expanding its product offerings and global reach. The company has a significant market size and is known for its high-quality products and reliable customer service.
Tyco Retail Solutions is another key player in the AM Electronic Article Surveillance Antennas Market. With a strong focus on providing advanced security solutions for retail stores, Tyco Retail Solutions has built a solid reputation in the industry. The company has experienced notable market growth and has a large market share in the global retail security market.
Nedap is a well-established player in the retail security industry, known for its innovative technologies and solutions. The company has a history of developing cutting-edge security systems for retail stores, including AM Electronic Article Surveillance Antennas. Nedap has seen significant market growth over the years and has a strong presence in the global market.
In terms of sales revenue, Checkpoint Systems reported sales revenue of $758.9 million in 2020. Tyco Retail Solutions reported sales revenue of $649 million in the same year. Nedap reported sales revenue of €229.6 million in 2020. These figures reflect the strong market position and financial performance of these key players in the AM Electronic Article Surveillance Antennas Market.
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