Global EAS Antennas Market to Reach US$ 449.8 Million by 2032, Propelled by the Rapid Growth in the Retail Sector

July 27, 2022 | Electronics and Semiconductors

The latest report by IMARC Group, titled “EAS Antennas Market Report by Product Type (RF Technology EAS, Acoustic Magnetic Technique EAS, and Others), Application (Apparel and Fashion Accessories Stores, Cosmetics and Medical Stores, Supermarkets and Large Grocery Stores, and Others), and Region 2024-2032”, finds that the global EAS antennas market size reached US$ 338.9 Million in 2023. Electronic article surveillance (EAS) antennas are a type of system generally installed at store entrances to prevent shoplifting. They send and receive signals at a particular frequency within a specific range to detect any unpaid items in any individual’s bags or pockets. They are attached to accessories, apparel, golf clubs, handbags, liquor bottles, boxed merchandise, eyewear, shoes, and waterproof items. In recent years, the EAS antennas have gained traction as they are economical, enhance product safety, increase brand awareness, and improve the customer experience.

Global EAS Antennas Market Trends:

One of the primary factors driving the market is the rapid growth in the retail sector. EAS antennas enable retailers to identify any stolen products and prevent shoplifting by detecting the passage of unauthorized items and promptly alerting the staff. Additionally, the increasing incidences of burglaries and thefts are creating a positive market outlook. Furthermore, there is a significant rise in the usage of EAS systems in the healthcare industry to cure numerous injuries, consequently strengthening the market growth. Besides this, the rising investments in improved security systems are propelling the market growth. For instance, key players are launching smart security systems that offer high stability, minimize false alarms, ultra-wide detection distance, and strong anti-interference capabilities. Looking forward, the IMARC Group expects the market value to reach US$ 449.8 Million by 2032, expanding at a CAGR of 3.1% during the forecast period (2024-2032).

Market Summary:

  • Based on the product type, the market has been segmented into RF Technology EAS, Acoustic Magnetic Technique EAS, and others. Currently, RF technology EAS represents the most popular product type.
  • On the basis of the application, apparel and fashion accessories stores account for the majority of the overall market share. Other major segments are cosmetics and medical stores, supermarkets and large grocery stores, and others.
  • Based on the region, the market has been classified into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), Middle East and Africa. At Present, North America holds the leading position in the market.
  • The competitive landscape of the market has also been analyzed, with some of the key players being 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.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
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., 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
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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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global EAS Antennas Market to Reach US$ 449.8 Million by 2032, Propelled by the Rapid Growth in the Retail Sector
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