New York, NY -- (SBWIRE) -- 03/30/2019 -- The Electronic Article Surveillance (EAS) Systems Market is expected to grow from USD 1,723 million in 2018 to USD 2,156 million by 2026, at a CAGR of 2.80% during the forecast period. Growth in the number of theft or shoplifting incidents reported at retail stores of merchandise & books, increasing profits in the retail markets, growing need for better merchandise management, logistics control, and customer experience, which increases the profit margin, and the operational processes in the retail stores, emergence of walk-in shopping complexes in place of traditional stores and need for better security systems across various industries and applications against thefts are some of the driving factors of the market.

High initial investments and low-cost substitutes of EAS systems available in the market may restrain the growth of the Electronic Article Surveillance (EAS) Systems market.

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This report focuses on the global top players, covered are Sentry Technology Corp, Checkpoint Systems Inc., Tyco Retail Solutions, Tekno Electro Solutions, Ketec Inc., ALL-TAG Security Americas Inc., Hangzhou Century Co., Ltd, Nedap N.V., Universal Surveillance Systems and Tag Co., among others.

The Electronic Article Surveillance (EAS) Systems market study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Electronic Article Surveillance (EAS) Systems market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the Electronic Article Surveillance (EAS) Systems study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.

Market split by type, can be divided into:
- Magneto-Harmonic
- Acousto-Magnetic
- Radio Frequency
- Microwave

Market split by applications, can be divided into:
- Supermarkets
- Apparel Stores
- Cosmetics/Pharmacy
- Fashion Accessories Stores

Market split by components, can be divided into:
- Electronic Antenna
- Deactivator/Detacher
- Electronic Tag

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Knowing the trends influencing the Electronic Article Surveillance (EAS) Systems industry performance
Stakeholders, marketing executives and business owners planning to refer a market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.

Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.

Further key findings from the report suggest:
- The Electronic Article Surveillance (EAS) Systems market is segmented by type into magnetic systems, acousto-magnetic systems, microwave systems and radio frequency systems. The radio frequency segment dominates the market with an approx. CAGR of 3.92% in the forecast period, since is relatively cheaper, making it an economical choice for small and mid-level retailers. Moreover, the smaller sized tags and labels can be another bane to the RF systems market.
- The Electronic Article Surveillance (EAS) Systems market is segmented by application into supermarkets, apparel stores, cosmetics/pharmacy, and fashion accessories stores. The market for supermarkets segment is expected to witness highest growth of CAGR 3.72% during the forecast period, maximum reports of theft and uplifting reported in thie s segment.
- The Electronic Article Surveillance (EAS) Systems Market is segmented by Geography into North, America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America, since has started an early adoption of the EAS systems, is expected to witness the highest growth in its CAGR 4.14% during the forecast period. Moreover, APAC leads the market, with a market share of USD 430.75 million in the base year, due to the domination of China, which is the home for some leading manufacturers of EAS systems.

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Key elements from table of content:
Chapter 10. Company Profiles
10.1. Tyco Retail Solutions
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Type Insights
10.1.4. Strategic Initiatives
10.2. Checkpoint Solutions
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Type Insights
10.2.4. Strategic Initiatives
10.3. All Tag Corporation
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Type Insights
10.3.4. Strategic Initiatives
Continued….

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