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The global electronic article surveillance market demand is expected to increase from USD 1.26 billion in 2023 to USD 1.87 billion by 2032, growing at a CAGR of 4.5% in the forecast period of 2024-2032.
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Modernizing the retail sector and defending against stock shortages, shoplifting, and theft are the main drivers for the development of the industry over the forecast period.
Electronic article surveillance (EAS) is a technical tool to deter shoplifting in retail stores, libraries, and other businesses that display products.
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The electronic article surveillance market can be segmented into component, type, and end-use.
The industry can be broadly categorised on the basis of its component into:
The industry can be divided based on its type as:
Based on the end-use sectors, the industry can be divided into:
The EMR report looks into the regional electronic article surveillance markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Due to factors such as the transformation of the retail sector, a growing number of retailers are introducing innovative technology-based retail automation solutions, like electronic article surveillance, to provide both retailers and consumers with products that are versatile and easy to access. As electronic article surveillance solutions help protect stock loss from shoplifting and fraud, improve the quality of retail stores, and allow inventory intelligence solutions along with traffic counting, several retailers are implementing electronic article surveillance solutions.
Tags provide superior theft and shoplifting protection for goods. Tags trigger an alert when passing through an electronic article surveillance identification area at the entrance or exit of a store in an active state. Most of the demand for tags are created from the apparel and fashion accessories stores, due to the increasing number of customers, the number of retail outlets is also rising at a rapid pace, thus, driving the growth of the tag market for electronic product surveillance.
It is expected that the Asia Pacific market will show the highest growth rate in the market for electronic article surveillance. A rising number of retail stores are expected to create significant demand for electronic article surveillance systems in the clothing and fashion accessories and the supermarkets and mass merchandise segments.
The report presents a detailed analysis of the following key players in the global electronic article surveillance market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Electronic Article Surveillance Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global electronic article surveillance market attained a value of nearly USD 1.26 billion.
The market is projected to grow at a CAGR of 4.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 1.87 billion by 2032.
The major drivers of the market are the growing retail sector, increasing incidences of theft, and the rising demand for advanced surveillance devices.
The automation of the retail sector and rapid technological advancements are the key trend guiding the growth of the global electronic article surveillance market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Tags, antennas, and deactivators/detachers are the leading components of electronic article surveillance in the market.
The significant types of electronic article surveillance in the market include acoustomagnetic, electromagnetic, radio frequency, and microwave.
Apparel and fashion accessories stores, supermarkets and mass merchandise stores, and drug and health product stores, among others, are the major end uses of electronic article surveillance.
The major players in the market are Johnson Controls, ALL-TAG Corporation, Ketec, Inc., WG Global GmbH, Safegear, Checkpoint Systems, Inc., and Agon Systems Ltd., among others.
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+61-448-061-727
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+63-287-899-028, +63-967-048-3306
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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