The Global Electronic Article Surveillance (EAS) Systems Market to grow at a CAGR of 3.06% during the period 2018-2022.
Global Electronic Article Surveillance (EAS) Systems Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. EAS systems is a technology used to reduce the risk of theft from stores, office buildings, libraries, and warehouses. An EAS system includes an antenna, a detacher, or deactivator, and tags. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver influencing this market is the rising spending on security systems. Retailers are increasing their spending on security systems such as EAS systems to overcome security challenges and prevent shoplifting.
One trend affecting this market is the adoption of source tagging in retail sector. Source tagging is the tagging of a product package or a product with EAS tags at the time of manufacturing.
Further, the report states that one challenge affecting this market is the high cost of implementing EAS systems. Small and mid-sized supermarkets usually do not prefer using EAS systems as they are expensive.
Key vendors
Checkpoint Systems (Division of CCL Industries)
Gunnebo Gateway
Hangzhou Century
Nedap
Tyco Retail Solutions (Division of Johnson Controls)
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