Dublin, July 25, 2024 (GLOBE NEWSWIRE) -- The "Electronic Article Surveillance (EAS) Antennas - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Electronic Article Surveillance (EAS) Antennas is estimated at US$339.1 Million in 2023 and is projected to reach US$383 Million by 2030, growing at a CAGR of 1.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the EAS antennas market is driven by several factors. One of the primary drivers is the increasing incidence of retail theft globally, which compels retailers to invest in effective loss prevention technologies. Technological advancements, such as improved detection algorithms and the integration of IoT (Internet of Things) capabilities, have significantly enhanced the performance and utility of EAS systems, making them more attractive to retailers. The growing adoption of EAS systems in emerging markets, where retail sectors are expanding rapidly, also contributes to market growth.
Additionally, the shift towards omnichannel retailing, where physical and online stores are integrated, has led to the implementation of comprehensive security solutions that protect inventory across multiple platforms. Regulatory requirements and industry standards for retail security further drive the adoption of advanced EAS antennas. These factors, combined with the continuous innovation and development in the field, ensure that the EAS antennas market will continue to grow and adapt to the evolving needs of the retail industry.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Apparel & Fashion Accessories End-use segment, which is expected to reach US$145.2 Million by 2030 with a CAGR of a 2%. The Supermarkets & Mass Merchandise End-use segment is also set to grow at 2.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $92.4 Million in 2023, and China, forecasted to grow at an impressive 3.8% CAGR to reach $73.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Electronic Article Surveillance (EAS) Antennas Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electronic Article Surveillance (EAS) Antennas Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Electronic Article Surveillance (EAS) Antennas Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Agon Systems Ltd, Avery Products Corporation, Checkpoint Systems, Inc, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 53 Featured):
- Agon Systems Ltd.
- Avery Products Corporation
- Checkpoint Systems, Inc.
- Checkway GmbH
- Controltek USA
- Gateway Security
- Hangzhou Century Co. Ltd.
- Hangzhou Ontime IT Co. Ltd.
- Inwave
- Ketec Inc.
- Mighty Cube Co. Ltd.
- Nedap N.V.
- Neto Baltic
- Sensormatic
- WG Security Products, Inc.
- Xuzhou Dragon Guard Industrial Co. Ltd.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 197 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $339.1 Million |
| Forecasted Market Value (USD) by 2030 | $383 Million |
| Compound Annual Growth Rate | 1.8% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Electronic Article Surveillance (EAS) Antennas - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Demand for Retail Loss Prevention Drives Market Growth
- Technological Advancements in EAS Systems Propel Market
- Rising Focus on Reducing Shrinkage and Theft Expands Addressable Market
- Growth in Retail and Apparel Sectors Strengthens Business Case
- Expansion of Supermarkets and Hypermarkets Generates Demand
- Development of RFID-Integrated EAS Solutions Enhances Market Appeal
- Stringent Security Regulations for Retail Stores Drive Market
- Advances in Wireless Communication Technology Propel Market Growth
- Rising Use in Supply Chain Management Spurs Demand
- Increasing Focus on Enhancing Shopping Experience Drives Adoption
- Development of Customizable and Aesthetic EAS Antennas Enhances Market Appeal
- Rising Adoption in Libraries and Public Institutions Expands Market
- Growth in Airport and Transportation Security Generates New Opportunities
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/434ru8
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
