Electronic Article Surveillance (EAS) System Market Is Projected To Expand At A Healthy Growth Rate By 2025
Electronic article surveillance system is
extensively used in the different segments of commercial sectors, government
institutions, supermarkets and retail industries. Majorly the electronic
surveillance system is
used in supermarket and retail stores. Retail industries are currently
suffering from increase in the number of shop-lifting cases which gradually
increase their losses. Therefore, electronic article surveillance system aids
to curb the shoplifting cases through hard, soft tags and detection system
which are widely used in retail stores and supermarkets.
Get Free
Sample Report : https://www.marketresearchfuture.com/sample_request/5211
According to Market Research Future
Analysis, electronic article surveillance market has been valued at approx. USD
1600 million in 2016 and is expected to grow with 3.61% of CAGR during forecast
period 2016 to 2022.
Electronic article surveillance system
Market is segmented by type and by application. Based on type, Electronic
article surveillance system market is bifurcated into hard tag, soft tag,
deactivator or detacher and detection system. On the basis of end-use,
electronic article surveillance system has been differentiated into clothing
and fashion accessories, cosmetics/pharmacy, supermarkets & large grocery
and others.
Key
Players
Market Research Future
(MRFR) identifies the following companies as the key players in the electronic
article surveillance market – are Checkpoint Systems(U.S.), Tyco International
Ltd (Ireland), Nedap (The Netherlands), Hangzhou Century Co., Ltd, (China),
Gunnebo Gateway (Sweden), Sentry Technology (U.S.), Ketec (U.S.), All-Tag
Corporation (U.S), Universal Surveillance System (U.S)
Get Report
Details @ https://www.marketresearchfuture.com/reports/electronic-article-surveillance-system-market-5211
Regional
analysis
Geographically,
electronic article surveillance market has been bifurcated into of U.S, China,
Europe, Japan, Korea, Taiwan and Rest of the World.
In terms of revenue,
China led the market in Asia-Pacific region in the year 2017 and generated
market revenue of USD 426.9 million and is expected to reach market value of
USD 529.2 million by 2022.This is attributed to large number of electronic
manufactures in China. Additionally, due to increased population in China and
rising demand for the variety of fashionable clothes and cosmetics is expected
to drive the market. However, Europe is expected to have a significant growth
over the forecast period.
The study was conducted using an
objective combination of primary and secondary information including inputs
from key participants in the industry. The report contains a comprehensive
market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Market
Research Future:
Market Research Future (MRFR) is
a reliable firm that undertakes an extensive analysis of markets in various
domains. Our teams of research analysts gather relevant data through
painstaking primary and secondary research that aims to give clients a complete
outlook on markets of their interest. The data is compared against third-party
agencies and reputed organizations for estimating valuations and revenue
projections.
MRFR’s goal in providing a
comprehensive coverage of the market replete with latest trends, niches,
developments, and insights can be lucrative for business needs. We aim to push
our clients to the forefront by guiding them with astute information for making
informed decisions. Our market intelligence can track down key issues in industries
and be modified as per the fluctuations in economic scenarios. The reports are
customized and offered as per a specific region or country and adhere to latest
policies.
Comments
Post a Comment