Global Electronic Article Surveillance Antennas Industry Expected to Exceed USD 375 million by 2020

Published on : Oct 28, 2016

Albany, New York, October 27, 2016: Market Research Hub has announced a new report titled, Global Electronic Article Surveillance Antennas Industry 2016, Trends and Forecast Report” to its database. The main purpose of the study is to offer insights and analysis on the industry in key global markets, including North America, Asia Pacific and Europe. Key markets in the United States, Germany, Japan and China have also been analyzed in the report. This report covers the present scenario and the growth forecast of the global EAS systems market for the period 2015-2019.

Electronic article surveillance key vendors now offer mid-range and economy-range product outlines. Products with more functionalities that suit the requirements of different retail applications are becoming popular. Due to the higher growth of industry, it is expected to exceed USD 375 million in revenues by 2020, increasing at a CAGR of over 3% during the forecast period.

Electronic article surveillance or EAS, is an anti-shoplifting system used by retail businesses where an electronically-detectable tag is attached to the item of clothing or merchandise and pilferage of books from libraries or removal of properties from office buildings also used EAS systems. Shrinkage is loss of inventory in a retail outlet due to shoplifting, employee theft or administrative faults. It remains a serious concern for retail outlets. To handle loss of inventory, retail outlets set up electronic article surveillance (EAS) systems.

An electronic article surveillance consists of three major components, such as electronic antenna, electronic tag & deactivator or detacher. There are some major types of electronic article surveillance systems, such as,

  • Electro-Magnetic known as magneto-harmonic
  • Acousto-magnetic, also known as magnetostrictive
  • Radio Frequency (8.2 MHz)
  • Video surveillance systems
  • Microwave

Further, the industry report identifies the top companies and offers strategic industry analysis of the key factors that are influencing the market. Leading companies in the electronic article surveillance industry include Checkpoint Systems, Inc., Tyco Retail Solutions.

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Other prominent vendors include Nedap N.V., All-Tag, Amersec, Sentry Technology, CNC International, Gunnebo Gateway, Hangzhou Century, Ketec, TAG Company and more. All of these are profiled in the terms of product picture, specification, capacity, production, price, gross margins, revenue, and contact information. Furthermore, the report provides complete analysis on the raw materials as well as demand and supply of the electronic article surveillance antennas. This will also describe the growth rate & future prospects of industry during the forecast period of 2011-2020. In the end, the report introduces new project investment feasibility analysis, SWOT analysis and investment return analysis.

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