The
Electronic Article Surveillance Market size was valued at USD 1.23 Bn in 2023. The Electronic Article Surveillance Market revenue is growing at a CAGR of 3.6 % from 2024 to 2030, reaching nearly USD 1.58 Bn by 2030.
The Electronic Article Surveillance (EAS) market is competitive and dominated by various key players such as Johnson Controls International plc, CCL Industries, Inc., All Tag Corporation, Ketec, Inc., Sentry Technology Corporation, and WG Security Products, Inc. who lead with advanced EAS technologies and extensive worldwide network. The market is evolving with the integration of RFID and other innovations, improving system accuracy and functionality.
The major companies differentiate themselves through price strategies, customized EAS solutions, and strong distribution channels. The regulatory compliance, technological integration, and advanced customer services are essential competitive factors. Additionally, mergers and acquisitions impact market dynamics while sustainability and data analytics become increasingly important. The competition is influenced by economic conditions and shifting customer preferences towards eco-friendly solutions.
WG Security Products, Inc.: The WG Security Products, Inc. is one of the leading suppliers of the Electronic Security Systems to the retail, commercial and industrial market. The company’s Electronic Article Surveillance (EAS) products are used by soft goods and hard goods retailers to avoid shoplifting and internal theft. The WG Global designs, manufacturers, sells, services and supports the world’s most advanced lines of fully integrated Electronic Article Surveillance (EAS) products. The company’s customers represent all market segments from small to large retail industries. The WG Security Products are sold and serviced in many countries worldwide through both direct and indirect sales forces. WG is identical with safety and protection. WG is one of the world leaders in electronic security, and many of their customers are among the top retailers worldwide.
Johnson Controls International plc (Ireland):
The Johnson Controls International plc is a global diversified technology and multi-industrial leader serving a wide range of customers in more than 150 countries. Their 120,000 employees create intelligent buildings, efficient energy solutions, integrated infrastructure and next generation transportation systems that work seamlessly together to deliver on the promise of smart cities and communities. The company focuses on enhancing building efficiency and sustainability through innovative solutions. Their work strategies include leveraging advanced technologies to create smarter and more efficient building systems. The investment strategies are directed towards acquiring and developing technologies that integrate well with their core building management and energy solutions. The Johnson Controls invests heavily in research and development to enhance security systems with advanced EAS technologies that improve retail security and asset protection.
Sentry Technology Corporation (US):
Sentry Technology Corporation the world's leading manufacturer of traveling, robotic CCTV systems servicing customers in North and South America, Africa and Australia. Sentry designs, manufactures, markets and services a complete line of Library supporter self-service and security systems, labels and accessories using both EM and RFID technology. The company specializes in advanced security solutions with a strong focus on Electronic Article Surveillance (EAS) systems. Their work strategies revolve around developing and implementing advanced EAS technologies to enhance retail security and asset management. Their investment in research and development are concentrated on advancing EAS technologies, including smart tags and integrated systems, to stay at the forefront of security innovation and meet evolving market demands.
• In 2024, the Sentry Interactive is introducing Reader-less Mobile Access, a new solution for mobile access control, offering a cost-effective and seamless way to upgrade security in building access control systems, addressing the challenges of traditional system upgrades.
• In 2024, Nedap’s i15 Go is a 6-inch RF-based EAS system designed for entrances and self-checkout zones. Its stylish design blends with store design and comes with iSenseOS, Nedap's intelligent operating system, allowing retailers to monitor system health, receive new features, and receive notifications.