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According to the latest report by IMARC Group, titled, “EAS Antennas Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028,” The global EAS antennas market size reached US$ 327.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 403.5 Million by 2028, exhibiting a growth rate (CAGR) of 3.4% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Industry Definition and Application:
Electronic article surveillance (EAS) antennas are utilized to combat theft in retail stores. They are typically placed at store entrances and exit points, where they emit and receive signals within a specific range and frequency to identify any unpaid items in a shopper's possession. The antennas can be attached to various items, including clothing, accessories, shoes, eyewear, golf clubs, handbags, liquor bottles, and waterproof products. At present, EAS antennas are gaining immense traction across the globe due to their cost-effectiveness and ability to increase product security, promote brand recognition, and enhance the overall customer experience.
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EAS Antennas Market Trends and Drivers:
The global EAS antennas market is primarily driven by rising product demand in the retail sector as they enable retailers to detect any stolen products and prevent shoplifting by promptly alerting the staff when unauthorized items pass through the entrance. Moreover, the surging adoption of EAS systems in the healthcare industry is positively influencing the market growth. Additionally, the increasing investments in advanced security systems have catalyzed market growth. Furthermore, key players are introducing smart security systems that offer high stability, ultra-wide detection distance, strong anti-interference capabilities, and minimize false alarms, thereby contributing to the market growth. Other factors, including the rapid expansion of the retail sector, increasing incidences of burglaries and thefts, and rising awareness about the advantages of using EAS antennas, are also anticipated to propel the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Competitive Landscape:
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
WG Security Products
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
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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