EAS Antennas Market Share, Size, Growth, Opportunity and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

EAS Antennas Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global EAS antennas market grew at a CAGR of around 4% during 2014-2019. An electronic article surveillance (EAS) antenna refers to a component of the loss prevention system used for minimizing the instances of theft and shoplifting in retail stores. It is placed at entry/exit doors to detect the passage of unauthorized items and promptly alerting the staff. It is often used along with smart security tags, which are recognized by the antennas to set off the alarm. They offer various advantages, such as suitability for delicate fabrics, brand enhancement, covert nature, improved product safety, convenient open display of products, cost-effectiveness and improved consumer experience.

Significant growth in the retail sector, along with the widespread adoption of source tagging systems to prevent the incidence of thefts and shoplifting, is one of the key factors creating a positive impact on the market growth. High-security systems, such as EAS, are widely used to allow the retailers to identify stolen products and prevent shoplifting to enhance their overall operational efficiency. In line with this, supermarkets and mass merchandise stores are adopting high-quality security systems to minimize interference and provide their consumers with a smooth shopping experience. Additionally, various technological advancements, such as improvements in the radio frequency (RF) technology and the development of innovative EAS antennas, are acting as other growth-inducing factors. These advancements offer ultra-wide detection distance, a lower rate of false alarms, strong anti-interference capabilities and high stability. Other factors, including rapid urbanization and increasing investments in the smart security systems, are anticipated to drive the market further. Looking forward, IMARC Group expects the global EAS antennas market to continue its moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global EAS antennas market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product type and application.

Breakup by Product Type:

RF Technology EAS
Acoustic Magnetic Technique EAS
Others

Breakup by Application:

Apparels and Fashion Accessories Stores
Cosmetics and Medical Stores
Supermarkets and Large Grocery Stores
Others

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 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.

Key Questions Answered in This Report:

How has the global EAS antennas market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global EAS antennas market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global EAS antennas market and who are the key players?
What is the degree of competition in the industry?