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The global EAS antennas market reached a value of US$ 316.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 387.7 Million by 2027, exhibiting a CAGR of 3.54% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Electronic article surveillance (EAS) antennas are loss prevention systems that deter shoplifting and offer protection to a store or retail chain through tags and labels. They send and receive signals at a specific frequency, generally within a specific range, to detect and activate the store alarm and prevent unnecessary alarms. They are commonly pinned on apparel, handbags, accessories, golf clubs, liquor bottles, eyewear, boxed merchandise, shoes, and waterproof items. They are placed at the exits and entrances ofa store to create an invisible gate and detect the passage of unauthorized items and promptly alert the staff. They are cost-effective, improve product safety, increase brand awareness, and enhance the experience of the consumer.
A considerable number of people shopping offline from retail stores represents one of the major factors positively influencing the demand for EAS antennas around the world. In addition, rising instances of theft and burglaries are driving their adoption to provide real-time alerts against shoplifting. Moreover, the growing awareness among retailers and store owners about the benefits of using EAS antennas like protection against inventory losses is driving the market. Apart from this, key players are introducing smart security systems that provide high stability, ultra-wide detection distance, reduce false alarms, and have strong anti-interference capabilities. This, coupled with the escalating demand for EAS antennas in the healthcare industry, is creating a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global EAS antennas market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and application.
Breakup by Product Type:
RF technology EAS dominates the market as it is affordable and offer a wide range of label shapes, sizes, and presentation.
Breakup by Application:
Apparels and fashion accessories stores currently dominate the market.
Breakup by Region:
North America holds the majority of the global EAS antennas market share due to the increasing number of retail stores in the apparel, supermarket, and mass merchandise ofthe region.
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Agon Systems Ltd., CCL Industries Inc., Great Eastern IDTech Pvt. Ltd., GLOVERETAIL, Gunnebo AB, Hangzhou Century Co.,Ltd., Nedap N.V., Johnson Controls International Plc, TAG Worldwide Group Limited, and WG Security Products, Inc.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Agon Systems Ltd., Checkpoint Systems Inc. (CCL Industries), Great Eastern IDTech Pvt. Ltd., Glove Technologies, Gunnebo Gateway AB (Gunnebo Group), Hangzhou Century Co. Ltd., Nedap N.V., Sensormatic Electronics LLC (Johnson Controls International Plc), TAG Company (Williams Lea Group Limited) and WG Security Products Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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