Global EAS Antennas Market to grow at a CAGR of 3.71% during the period 2016 - 2020; Finds New Report

Report forecast the global EAS antennas market to grow at a CAGR of 3.71% during the period 2016-2020.

Retail shrinkage has led to significant financial losses for many retailers on a global scale. The retail industry has expanded significantly over the last few decades. Shoplifting techniques have also advanced in these years, as thieves are exploiting technology to steal products smartly. This has prompted many retailers to adopt highly sophisticated anti-shoplifting systems such as EAS technology in order to safeguard their products from theft.

A store using EAS technology installs an antenna at the store entrance. The antenna contains an RF electronic circuit board system, which detects any electronic security tags or soft labels that pass by it. An alarm goes off when a tagged merchandise item is taken out of the store without that tag being deactivated or removed at the checkout counter.

EAS systems include EAS devices and EAS tags such as disposable, reusable, and benefit denial tags, as well as deactivators and detachers. EAS tags are one of the important security products used to prevent shoplifting or the theft of books from libraries. These tags are fixed to merchandise or books, and are removed or deactivated by clerks when the item is purchased or checked out.

The report covers the present scenario and the growth prospects of the global EAS antennas market for the period 2016-2020. To calculate the market size, the report considers the revenue generated from the installation of EAS antennas at the retail outlets of end-users.

The market is divided into the following segments based on geography:

• North America
• Europe
• APAC
• ROW

According to the report, growth of retail sectors in developing countries is one the major drivers in the market. The organized retail sector in the developing markets, especially Brazil, Russia, India, and China (BRIC), is undergoing a transformation. Growth in the young population and nuclear families in urban areas, along with the increasing number of working women in emerging countries such as India, Malaysia, Singapore, and Thailand, have driven growth in the retail market.

Further, the report states that the rising popularity of e-commerce is a major challenge for the EAS antennas market.

Global EAS Antennas Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global EAS Antennas Market: Checkpoint Systems, Inc., Nedap N.V., and Tyco Retail Solutions.

Other Prominent Vendors in the market are: All-Tag, Amersec, CNC International, Gunnebo Gateway, Hangzhou Century, Ketec, Sentry Technology, and TAG Company.

Market driver

• Growth of retail sectors in developing countries
• For a full, detailed list, view our report

Market challenge

• Rapid growth of e-commerce
• For a full, detailed list, view our report

Market trend

• Adoption of source tagging
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 56 pages and 37 Exhibit “Global EAS Antennas Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Technology overview, Global retail shrinkage, Market landscape, Market segmentation by end-user, Geographical segmentation, Summary of key figures, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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