Electronic Article Surveillance Market Segmented by Product, Top Manufacturers, Geography Trends & Forecasts to 2024
Category: #business  By Ashwin Naphade  Date: 2019-07-12
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Electronic Article Surveillance Market Segmented by Product, Top Manufacturers, Geography Trends & Forecasts to 2024

According to this study, over the next five years the Electronic Article Surveillance market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 1620 million by 2024, from US$ 1330 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electronic Article Surveillance business.

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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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.

Key components underscored in the Electronic Article Surveillance market report:

  • Profit predictions
  • Market propellers
  • Ongoing trends
  • Significant challenges
  • Consumption growth rate
  • Competitive profiling
  • Value growth rate
  • Competitive ranking analysis
  • Market concentration rate analysis
  • Market concentration ratio
  • Latent market aspirants
  • Regional classification

Expounding the regional outlook of the Electronic Article Surveillance market:

Electronic Article Surveillance Market Bifurcation: USA, Europe, Japan, China, India, South East Asia.

Insights incorporated in the market study have been framed with respect to the industry indicators:

  • Consumption statistics pertaining to the specified geographies
  • Market valuation of each region in the industry
  • Contribution of each territory in the industry with respect to market share
  • Consumption market share based on regional contribution
  • Consumption growth rate over the forecast period across geographies

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An exhaustive guideline of the Electronic Article Surveillance market in terms of the product & application landscape:

Product landscape:

Product types: Hard Tag, Soft Tag, Deactivator or Detacher, Detection system and Permanent Deactivation Tag

Top observations included in the report:

  • Product wise market share estimates
  • Expected revenue of each product type
  • Consumption (based on the growth rate and value) of all product types
  • Selling price of the product

Application landscape:

Application segmentation: Clothing &Fashion Accessories, Cosmetics/Pharmacy, Supermarkets & Large Grocery and Others

Details highlighted in the report:

  • Application wise market share apportion
  • Market valuation estimates of included applications
  • Consumption market share affecting each application type

Other significant pointers encompassed in the report:

  • The study unveils the key market propellers that are known for fueling the commercialization landscape of the Electronic Article Surveillance market.
  • The report provides an in-depth analysis of these propellers that will persuade the revenue matrix of the Electronic Article Surveillance market.
  • The study presents data pertaining to the key challenges deterring market expansion.
  • The postulated challenges active in the current market setting are anticipated to help new entrants in securing a profitable position in the Electronic Article Surveillance market.
  • The report also emphasizes the risks dominating the market space and the abundant growth opportunities presented by the industry.

What does the competitive landscape of the Electronic Article Surveillance market imply

Manufacturer base of the industry: Checkpoint Systems, Tyco Retail Solutions, Nedap, Hangzhou Century Co., Ltd, Gunnebo Gateway, Sentry Technology, Ketec, All Tag and Universal Surveillance Systems

Competitive overview outlined in the report includes:

  • Sales area and distribution
  • Organization profile
  • Organizational overview
  • Product pricing methodology
  • Market valuation of the particular player
  • Profit margins
  • Product sales figures

Besides the abovementioned indicators, the Electronic Article Surveillance market study also provides vital information pertaining to the market concentration ratio, that would possibly aid proactive competitors in defining the business strategy to outcompete other eminent players partaking in the business sphere.

For More Details On this Report: https://www.marketstudyreport.com/reports/global-electronic-article-surveillance-market-growth-2019-2024

Some of the Major Highlights of TOC covers:

Executive Summary

  • Global Electronic Article Surveillance Production Growth Rate Comparison by Types (2014-2024)
  • Global Electronic Article Surveillance Consumption Comparison by Applications (2014-2024)
  • Global Electronic Article Surveillance Revenue (2014-2024)
  • Global Electronic Article Surveillance Production (2014-2024)
  • North America Electronic Article Surveillance Status and Prospect (2014-2024)
  • Europe Electronic Article Surveillance Status and Prospect (2014-2024)
  • China Electronic Article Surveillance Status and Prospect (2014-2024)
  • Japan Electronic Article Surveillance Status and Prospect (2014-2024)
  • Southeast Asia Electronic Article Surveillance Status and Prospect (2014-2024)
  • India Electronic Article Surveillance Status and Prospect (2014-2024)

 

Manufacturing Cost Structure Analysis

  • Raw Material and Suppliers
  • Manufacturing Cost Structure Analysis of Electronic Article Surveillance
  • Manufacturing Process Analysis of Electronic Article Surveillance
  • Industry Chain Structure of Electronic Article Surveillance

Development and Manufacturing Plants Analysis of Electronic Article Surveillance

  • Capacity and Commercial Production Date
  • Global Electronic Article Surveillance Manufacturing Plants Distribution
  • Major Manufacturers Technology Source and Market Position of Electronic Article Surveillance
  • Recent Development and Expansion Plans

Key Figures of Major Manufacturers

  • Electronic Article Surveillance Production and Capacity Analysis
  • Electronic Article Surveillance Revenue Analysis
  • Electronic Article Surveillance Price Analysis
  • Market Concentration Degree

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Read More Reports On: https://www.marketwatch.com/press-release/power-quality-monitors-market-size-industry-insights-top-trends-drivers-growth-and-forecast-to-2024-2019-05-15

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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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