The electronic article surveillance market is expected to grow from US$ 1,116.07 million in 2022 to US$ 1,484.00 million by 2028; it is estimated to register a CAGR of 4.9% from 2022 to 2028.
The significant presence of the retail industry in North America is one of the major factors driving the electronic article surveillance (EAS) market. Major retail brands across the region include The Kroger Co., Costco, Best Buy, Carvana, The Home Depot, Target, eBay, and Walmart. Many expansion strategies, including the opening of several new retail stores across the region, have been adopted by the abovementioned brands. For example, in 2022, Target opened 23 new stores across different locations, such as New York, Texas, Pittsburgh, and South Carolina. Thus, the increase in the number of retail stores is further increasing the demand for electronic article surveillance solutions across the region.
In addition, the increasing number of shoplifting cases across North America is driving the demand for electronic article surveillance. According to the Retail Council of Canada, the retail sector in the country experienced theft of ~US$ 200 million a year before the onset of the COVID-19 pandemic. Furthermore, the rising cost of living is one of the factors catalyzing the increasing number of shoplifting cases across the country. These factors are propelling the demand for advanced security solutions across retail stores, thereby contributing to the electronic article surveillance market growth. In addition, several stringent government regulations and certifications, such as UCODE 9 IC, are launched to standardize security products across retail checkpoints and exit points, which is further influencing the North America electronic article surveillance market players to develop enhanced products.
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Electronic Article Surveillance Market: Strategic Insights
Market Size Value in US$ 1,116.07 million in 2022 Market Size Value by US$ 1,484.00 million by 2028 Growth rate CAGR of 4.9% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Electronic Article Surveillance Market: Strategic Insights
| Market Size Value in | US$ 1,116.07 million in 2022 |
| Market Size Value by | US$ 1,484.00 million by 2028 |
| Growth rate | CAGR of 4.9% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Electronic Article Surveillance Market
Lockdowns imposed by governments of various countries in Europe due to the onset of the COVID-19 pandemic resulted in the shutdown of several stores of apparel, fashion accessories, and cosmetics. As a result, the adoption of electronic article surveillance across these stores witnessed a decline, severely affecting the market growth. With the shutdown of nonessential businesses in 2020, clothing and apparel retail stores recorded high losses in sales. For instance, several apparel markets witnessed a step-change in the proportion of online sales due to lockdowns and shutdowns of stores. According to the Retail Economics forecasts, the UK is the most highly penetrated market, with 60% of apparel sales projected to occur online by 2025. All these factors led to a decline in the demand for electronic article surveillance in fashion stores.
Lucrative Regions for Electronic Article Surveillance Market
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Market Insights – Electronic Article Surveillance Market
The global retail industry witnessed growth owing to the rise in the standard of living of people. Major companies operating in the global electronic article surveillance market include Agon Systems, Amersec, Feltron Security Systems LLC, Johnson Controls, and Tekno Electro Solutions Pvt Ltd. These companies have been engaged in new product development over the years. A list of such developments is mentioned below:
- In July 2022, Checkpoint Systems announced the launch of its new NS40 EAS antenna. The solution is easily integrated with retail solutions to control shoplifting incidents across retail stores.
- In April 2021, Prosegur Security announced the launch of its new DoubleLock EAS tag with two separate use cases, reducing the tag defeat by 40–60%.
- In March 2021, Prosegur Security announced the launch of its D-Arm Series EAS tags. The tags are integrated with a self-alarm, which is activated if removed with a magnet. The solution is designed to reduce retail loss due to shoplifting incidents.
Thus, the rising development of new electronic article surveillance systems such as electronic tags, antennae, and deactivators is driving the global electronic article surveillance market forecast.
Component-Based Insights
Based on component, the electronic article surveillance market is segmented into electronic tag, electronic antenna, deactivator/detacher, and others. The electronic tag segment accounted for the largest market share in 2021. An electronic article surveillance (EAS) tag is a crucial component of an EAS system. The tag is a small signal transmitter that gives the signal to the EAS antennas and generates an alarm when tried to take it out of the store without removing the same. Also, every store with a problem with shrinkage generally benefits from the quality tags as EAS antennas reduce shrinkage from 50 to 90%. Moreover, every store has different security needs, and electronic tags allow retailers to track inventory at the item level, so they are better prepared to make decisions about stocking and promotions. Also, many handheld devices contain internal RFID tags which are designed to set off electronic article surveillance sensors at store entrances. A clothing store has hard tags that are premium of all tags and have multiple lock mechanisms, making it extremely hard to remove by unauthorized individuals. Grocery stores face difficulties in tagging frozen items and items containing liquids or metal. Therefore, electronic tags or labels are attached to such products, and sensors are placed at store exits.
The global electronic article surveillance market size is segmented based on component, product type, application, and geography. Based on component, the electronic article surveillance market is segmented into electronic tag, electronic antenna, deactivator/detacher, and others. Based on product type, the electronic article surveillance market is categorized into radio-frequency, acoustic-magnetic, electromagnetic, and microwave systems. Based on application, the electronic article surveillance market is classified into apparel & fashion accessories, cosmetics & pharmaceuticals, and supermarkets & grocery stores. The electronic article surveillance market size, based on region, is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM).
Sensormatic, Checkpoint Systems, ALL-TAG, Agon Systems, and Checkpoint Systems are among the key electronic article surveillance market players operating across the world.
The electronic article surveillance market players are mainly focused on the development of advanced and efficient products.
- In 2022, Noccela has a strategy for protecting our IPR, and we have been granted several patents already. This most recent patent, especially as it is a system-level patent, is another example of the continuous innovation of our team. It proves our solutions uniqueness and innovativeness and ability to develop end-to-end solutions with a product-market fit.
- In 2022, Checkpoint System is expanding its relationship with Polish fashion retail group LPP, with the deployment of a large scale Radio Frequency Identification program to improve merchandise availability, operational efficiency, and the consumer experience. The program will be deployed across LPP’s entire supply chain from manufacturing through LLP’s eCommerce platform and to over 1,700 outlets spanning 23 countries.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Product Type, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The global electronic article surveillance market was valued at US$ 1,116.07 Mn in 2022
The key driving factors impacting electronic article surveillance market growth includes:
1. Increasing Retail Outlets by Global Brands
2. Growing Product Development Initiatives by Global Players
3. Rising Number of Supermarkets
The key players of electronic article surveillance market are encompassed with Agon Systems. ALL-TAG Corporation. Amersec s.r.o.; Cross Point Middle East Technologies LLC; Feltron Security Systems LLC; Ketec, Inc.; Shopguard Limited; Tekno Electro Solutions; Sensormatic (Johnson Controls); Checkpoint Systems; Sabel and Nedap.
APAC is the fastest-growing regional market in the global electronic article surveillance market between 2022-2028.
The US, Germany, India, the UAE, and Brazil are the countries registering high growth rate during the forecast period.
The electronic tag segment led the global electronic article surveillance market in 2022.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Electronic Article Surveillance Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Electronic Article Surveillance Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Retail Outlets by Global Brands
5.1.2 Growing Product Development Initiatives by Global Players
5.1.3 Rising Number of Supermarkets
5.2 Market Restraints
5.2.1 High Presence of Unorganized Retail Sector
5.3 Market Opportunities
5.3.1 Increasing Construction of Commercial Complexes
5.4 Future Trends
5.4.1 Technology Integration in Electronic Article Surveillance Systems
5.5 Impact Analysis of Drivers and Restraints
6. Electronic Article Surveillance Market – Global Market Analysis
6.1 Global Electronic Article Surveillance Market Overview
6.2 Global Electronic Article Surveillance Market Revenue Forecast and Analysis
6.3 Market Positioning – Five Key Players
7. Electronic Article Surveillance Market Revenue and Forecast to 2028 – Component
7.1 Overview
7.2 Electronic Article Surveillance Market, By Component (2021 & 2028)
7.3 Electronic Tag
7.3.1 Overview
7.3.2 Electronic Tag: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.4 Electronic Antenna
7.4.1 Overview
7.4.2 Electronic Antenna: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.5 Detacher/Deactivator
7.5.1 Overview
7.5.2 Detacher/Deactivator: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8. Electronic Article Surveillance Market Revenue and Forecast to 2028 – Product Type
8.1 Overview
8.2 Electronic Article Surveillance Market, By Product Type (2021 & 2028)
8.3 Radio-frequency Systems
8.3.1 Overview
8.3.2 Radio-frequency Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.4 Acousto-Magnetic Systems
8.4.1 Overview
8.4.2 Acousto-Magnetic Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.5 Electromagnetic Systems
8.5.1 Overview
8.5.2 Electromagnetic Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.6 Microwave Systems
8.6.1 Overview
8.6.2 Microwave Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9. Electronic Article Surveillance Market Revenue and Forecast to 2028 – Application
9.1 Overview
9.2 Electronic Article Surveillance Market, By Application (2021 & 2028)
9.3 Apparel and Fashion Accessories
9.3.1 Overview
9.3.2 Apparel and Fashion Accessories: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9.4 Cosmetic and Pharmaceuticals
9.4.1 Overview
9.4.2 Cosmetic and Pharmaceuticals: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9.5 Supermarkets and Grocery Stores
9.5.1 Overview
9.5.2 Supermarkets and Grocery Stores: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
10. Electronic Article Surveillance Market – Geographic Analysis
10.1 Overview
10.2 North America: Electronic Article Surveillance Market
10.2.1 North America: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Electronic Article Surveillance Market, By Component
10.2.3 North America: Electronic Article Surveillance Market, by Product Type
10.2.4 North America: Electronic Article Surveillance Market, by Application
10.2.5 North America: Electronic Article Surveillance Market, by Key Country
10.2.5.1 US: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Electronic Article Surveillance Market, By Component
10.2.5.1.2 US: Electronic Article Surveillance Market, by Product Type
10.2.5.1.3 US: Electronic Article Surveillance Market, by Application
10.2.5.2 Canada: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Electronic Article Surveillance Market, By Component
10.2.5.2.2 Canada: Electronic Article Surveillance Market, by Product Type
10.2.5.2.3 Canada: Electronic Article Surveillance Market, by Application
10.2.5.3 Mexico: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Electronic Article Surveillance Market, By Component
10.2.5.3.2 Mexico: Electronic Article Surveillance Market, by Product Type
10.2.5.3.3 Mexico: Electronic Article Surveillance Market, by Application
10.3 Europe: Electronic Article Surveillance Market
10.3.1 Europe: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Electronic Article Surveillance Market, By Component
10.3.3 Europe: Electronic Article Surveillance Market, by Product Type
10.3.4 Europe: Electronic Article Surveillance Market, by Application
10.3.5 Europe: Electronic Article Surveillance Market, by Key Country
10.3.5.1 Germany: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Electronic Article Surveillance Market, By Component
10.3.5.1.2 Germany: Electronic Article Surveillance Market, by Product Type
10.3.5.1.3 Germany: Electronic Article Surveillance Market, by Application
10.3.5.2 France: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Electronic Article Surveillance Market, By Component
10.3.5.2.2 France: Electronic Article Surveillance Market, by Product Type
10.3.5.2.3 France: Electronic Article Surveillance Market, by Application
10.3.5.3 Italy: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Electronic Article Surveillance Market, By Component
10.3.5.3.2 Italy: Electronic Article Surveillance Market, by Product Type
10.3.5.3.3 Italy: Electronic Article Surveillance Market, by Application
10.3.5.4 UK: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Electronic Article Surveillance Market, By Component
10.3.5.4.2 UK: Electronic Article Surveillance Market, by Product Type
10.3.5.4.3 UK: Electronic Article Surveillance Market, by Application
10.3.5.5 Russia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Electronic Article Surveillance Market, By Component
10.3.5.5.2 Russia: Electronic Article Surveillance Market, by Product Type
10.3.5.5.3 Russia: Electronic Article Surveillance Market, by Application
10.3.5.6 Rest of Europe: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Electronic Article Surveillance Market, By Component
10.3.5.6.2 Rest of Europe: Electronic Article Surveillance Market, by Product Type
10.3.5.6.3 Rest of Europe: Electronic Article Surveillance Market, by Application
10.4 Asia Pacific: Electronic Article Surveillance Market
10.4.1 Asia Pacific: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Electronic Article Surveillance Market, By Component
10.4.3 Asia Pacific: Electronic Article Surveillance Market, by Product Type
10.4.4 Asia Pacific: Electronic Article Surveillance Market, by Application
10.4.5 Asia Pacific: Electronic Article Surveillance Market, by Key Country
10.4.5.1 Australia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Electronic Article Surveillance Market, By Component
10.4.5.1.2 Australia: Electronic Article Surveillance Market, by Product Type
10.4.5.1.3 Australia: Electronic Article Surveillance Market, by Application
10.4.5.2 China: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Electronic Article Surveillance Market, By Component
10.4.5.2.2 China: Electronic Article Surveillance Market, by Product Type
10.4.5.2.3 China: Electronic Article Surveillance Market, by Application
10.4.5.3 India: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Electronic Article Surveillance Market, By Component
10.4.5.3.2 India: Electronic Article Surveillance Market, by Product Type
10.4.5.3.3 India: Electronic Article Surveillance Market, by Application
10.4.5.4 Japan: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Electronic Article Surveillance Market, By Component
10.4.5.4.2 Japan: Electronic Article Surveillance Market, by Product Type
10.4.5.4.3 Japan: Electronic Article Surveillance Market, by Application
10.4.5.5 South Korea: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Electronic Article Surveillance Market, By Component
10.4.5.5.2 South Korea: Electronic Article Surveillance Market, by Product Type
10.4.5.5.3 South Korea: Electronic Article Surveillance Market, by Application
10.4.5.6 Rest of APAC: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Electronic Article Surveillance Market, By Component
10.4.5.6.2 Rest of APAC: Electronic Article Surveillance Market, by Product Type
10.4.5.6.3 Rest of APAC: Electronic Article Surveillance Market, by Application
10.5 MEA: Electronic Article Surveillance Market
10.5.1 MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: Electronic Article Surveillance Market, By Component
10.5.3 MEA: Electronic Article Surveillance Market, by Product Type
10.5.4 MEA: Electronic Article Surveillance Market, by Application
10.5.5 MEA: Electronic Article Surveillance Market, by Key Country
10.5.5.1 Saudi Arabia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 Saudi Arabia: Electronic Article Surveillance Market, By Component
10.5.5.1.2 Saudi Arabia: Electronic Article Surveillance Market, by Product Type
10.5.5.1.3 Saudi Arabia: Electronic Article Surveillance Market, by Application
10.5.5.2 UAE: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 UAE: Electronic Article Surveillance Market, By Component
10.5.5.2.2 UAE: Electronic Article Surveillance Market, by Product Type
10.5.5.2.3 UAE: Electronic Article Surveillance Market, by Application
10.5.5.3 South Africa: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 South Africa: Electronic Article Surveillance Market, By Component
10.5.5.3.2 South Africa: Electronic Article Surveillance Market, by Product Type
10.5.5.3.3 South Africa: Electronic Article Surveillance Market, by Application
10.5.5.4 Rest of MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of MEA: Electronic Article Surveillance Market, By Component
10.5.5.4.2 Rest of MEA: Electronic Article Surveillance Market, by Product Type
10.5.5.4.3 Rest of MEA: Electronic Article Surveillance Market, by Application
10.6 SAM: Electronic Article Surveillance Market
10.6.1 SAM: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: Electronic Article Surveillance Market, By Component
10.6.3 SAM: Electronic Article Surveillance Market, by Product Type
10.6.4 SAM: Electronic Article Surveillance Market, by Application
10.6.5 SAM: Electronic Article Surveillance Market, by Key Country
10.6.5.1 Brazil: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Electronic Article Surveillance Market, By Component
10.6.5.1.2 Brazil: Electronic Article Surveillance Market, by Product Type
10.6.5.1.3 Brazil: Electronic Article Surveillance Market, by Application
10.6.5.2 Argentina: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Electronic Article Surveillance Market, By Component
10.6.5.2.2 Argentina: Electronic Article Surveillance Market, by Product Type
10.6.5.2.3 Argentina: Electronic Article Surveillance Market, by Application
10.6.6 Rest of SAM: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.6.6.1.1 Rest of SAM: Electronic Article Surveillance Market, By Component
10.6.6.1.2 Rest of SAM: Electronic Article Surveillance Market, by Product Type
10.6.6.1.3 Rest of SAM: Electronic Article Surveillance Market, by Application
11. Electronic Article Surveillance Market – COVID-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Agon Systems Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 ALL-TAG Corp
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Amersec Sro
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Cross Point Middle East Technologies LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Feltron Security Systems LLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Ketec Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Shopguard Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Tekno Electro Solutions Pvt Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Sensormatic Electronics Corp
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Checkpoint Systems Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Sabel Pty Ltd
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Nedap NV
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Global Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 17. Germany: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 18. Germany: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Germany: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 20. France: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 21. France: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. France: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 23. Italy: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 24. Italy: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Italy: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. UK: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 27. UK: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. UK: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 29. Russia: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 35. Asia Pacific: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 36. Asia Pacific: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. Asia Pacific: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. Australia: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 39. Australia: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Australia: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 41. China: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 42. China: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 43. China: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 44. India: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 45. India: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 46. India: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 47. Japan: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 48. Japan: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. Japan: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 50. South Korea: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 51. South Korea: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 52. South Korea: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of APAC: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of APAC: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of APAC: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 56. MEA: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 57. MEA: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 58. MEA: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 59. Saudi Arabia: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 60. Saudi Arabia: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 61. Saudi Arabia: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 62. UAE: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 63. UAE: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 64. UAE: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 65. South Africa: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 66. South Africa: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 67. South Africa: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 68. Rest of MEA: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 69. Rest of MEA: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 70. Rest of MEA: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 71. SAM: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 72. SAM: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 73. SAM: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 74. Brazil: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 75. Brazil: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 76. Brazil: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 77. Argentina: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 78. Argentina: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 79. Argentina: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 80. Rest of SAM: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 81. Rest of SAM: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 82. Rest of SAM: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Electronic Article Surveillance Market Segmentation
Figure 2. Electronic Article Surveillance Market Segmentation – By Geography
Figure 3. Global Electronic Article Surveillance Market Overview
Figure 4. Electronic Article Surveillance Market, by Component
Figure 5. Electronic Article Surveillance Market, by Application
Figure 6. Electronic Article Surveillance Market, by Geography
Figure 7. North America – PEST Analysis
Figure 8. Europe – PEST Analysis
Figure 9. APAC – PEST Analysis
Figure 10. MEA – PEST Analysis
Figure 11. SAM – PEST Analysis
Figure 12. Electronic Article Surveillance Market – Ecosystem Analysis
Figure 13. Electronic Article Surveillance Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Electronic Article Surveillance Market
Figure 15. Global Electronic Article Surveillance Market Revenue Forecast and Analysis (US$ Million)
Figure 16. Electronic Article Surveillance Market, By Component (2021 & 2028)
Figure 17. Electronic Tag: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Electronic Antenna: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Detacher/Deactivator: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Electronic Article Surveillance Market, By Product Type (2021 & 2028)
Figure 22. Radio-frequency Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Acousto-Magnetic Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Electromagnetic Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Microwave Systems: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Electronic Article Surveillance Market, By Application (2021 & 2028)
Figure 27. Apparel and Fashion Accessories: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Cosmetic and Pharmaceuticals: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Fashion: Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. Global Electronic Article Surveillance Market Revenue Share, By Region (2021 & 2028)
Figure 31. North America: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 33. North America: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 34. North America: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 35. North America: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 36. US: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Canada: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Mexico: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Europe: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 41. Europe: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 42. Europe: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 43. Europe: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 44. Germany: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 45. France: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 46. Italy: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. UK: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. Russia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Rest of Europe: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. Asia Pacific: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. Asia Pacific: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 52. Asia Pacific: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 53. Asia Pacific: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 54. Asia Pacific: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 55. Australia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. China: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 57. India: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. Japan: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. South Korea: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 60. Rest of APAC: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 61. MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 62. MEA: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 63. MEA: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 64. MEA: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 65. MEA: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 66. Saudi Arabia: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 67. UAE: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 68. South Africa: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 69. Rest of MEA: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 70. SAM: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 71. SAM: Electronic Article Surveillance Market Revenue Share, By Component (2021 & 2028)
Figure 72. SAM: Electronic Article Surveillance Market Revenue Share, by Product Type (2021 & 2028)
Figure 73. SAM: Electronic Article Surveillance Market Revenue Share, by Application (2021 & 2028)
Figure 74. SAM: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 75. Brazil: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 76. Argentina: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 77. Rest of SAM: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 78. Impact of COVID-19 Pandemic on North American Country Markets
Figure 79. Impact of COVID-19 Pandemic on European Country Markets
Figure 80. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 81. Impact of COVID-19 Pandemic on Middle East & Africa Country Markets
Figure 82. Impact of COVID-19 Pandemic on South America Country Markets
The List of Companies - Electronic Article Surveillance Market
- Agon Systems
- ALL-TAG Corporation
- Amersec s.r.o.
- Cross Point Middle East Technologies LLC
- Feltron Security Systems LLC
- Ketec, Inc.
- Shopguard Limited
- Tekno Electro Solutions
- Sensormatic (Johnson Controls)
- Checkpoint Systems
- Sabel
- Nedap
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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