Global Electronic Article Surveillance (EAS) Systems Market 2018-2022

Global Electronic Article Surveillance (EAS) Systems Market 2018-2022

About Electronic Article Surveillance (EAS) Systems

EAS systems is a technology used to reduce the risk of theft from stores, office buildings, libraries, and warehouses. An EAS system includes an antenna, a detacher, or deactivator, and tags.
Technavio’s analysts forecast the Global Electronic Article Surveillance (EAS) Systems Market to grow at a CAGR of 3.06% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global electronic article surveillance (EAS) systems market. To calculate the market size, the report considers the revenue generated from the adoption of EAS systems.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, global electronic article surveillance (EAS) systems market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Checkpoint Systems (Division of CCL Industries)
Gunnebo Gateway
Hangzhou Century
Nedap
Tyco Retail Solutions (Division of Johnson Controls)

Market driver

• Growing retail market
• For a full, detailed list, view our report

• Availability of low-cost alternative solutions
• For a full, detailed list, view our report

• Adoption of concept tag
• For a full, detailed list, view our report

• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Electronic Article Surveillance (EAS) Systems Market 2018-2022

Technavio recognizes the following companies as the key players in the global electronic article surveillance (EAS) systems market: Checkpoint Systems (Division of CCL Industries), Gunnebo Gateway, Hangzhou Century, Nedap, and Tyco Retail Solutions (Division of Johnson Controls).

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the adoption of source tagging in retail sector.” Source tagging is the tagging of a product package or a product with EAS tags at the time of manufacturing.

According to the report, one driver influencing this market is the rising spending on security systems. Retailers are increasing their spending on security systems such as EAS systems to overcome security challenges and prevent shoplifting.

Further, the report states that one challenge affecting this market is the high cost of implementing EAS systems. Small and mid-sized supermarkets usually do not prefer using EAS systems as they are expensive.

Companies Mentioned

Checkpoint Systems (Division of CCL Industries)
Gunnebo Gateway
Hangzhou Century
Nedap
Tyco Retail Solutions (Division of Johnson Controls)