Electronic Article Surveillance Product Manufacturing in the US - Industry Market Research Report
Description
Electronic Article Surveillance Product Manufacturing in the US
Demand for electronic article surveillance (EAS) products has endured losses over recent years. The pandemic significantly impacted the retail sector, the largest market for these products. Stay-at-home orders and rising demand for online retailers discouraged consumers from shopping in brick-and-mortar stores, a trend that remained prominent as the economy reopened. Similarly, a falling crime rate has discouraged retailers from implementing and updating their security systems, as stores feel like theft becomes less likely. As a result, revenue has been falling at an estimated CAGR of 0.2% to $669.0 million over the past five years, including a 0.6% decline in 2023 alone.
This industry manufactures electronic article surveillance (EAS) products, which are used to help retailers protect merchandise from theft. Types of EAS technologies include magnetic, acousto-magnetic, radio-frequency and microwave systems. Installation services and devices installed at the manufacturing level for purely logistical purposes (source tagging) are excluded from this report.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Demand for electronic article surveillance (EAS) products has endured losses over recent years. The pandemic significantly impacted the retail sector, the largest market for these products. Stay-at-home orders and rising demand for online retailers discouraged consumers from shopping in brick-and-mortar stores, a trend that remained prominent as the economy reopened. Similarly, a falling crime rate has discouraged retailers from implementing and updating their security systems, as stores feel like theft becomes less likely. As a result, revenue has been falling at an estimated CAGR of 0.2% to $669.0 million over the past five years, including a 0.6% decline in 2023 alone.
This industry manufactures electronic article surveillance (EAS) products, which are used to help retailers protect merchandise from theft. Types of EAS technologies include magnetic, acousto-magnetic, radio-frequency and microwave systems. Installation services and devices installed at the manufacturing level for purely logistical purposes (source tagging) are excluded from this report.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Table of Contents
41 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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