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The EAS antennas market share is expected to increase by USD 57.12 million from 2020 to 2025, at a CAGR of 3.19%.
This EAS antennas market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers EAS antennas market segmentation by application (apparel and fashion accessories, cosmetics and pharmaceuticals, supermarkets and large grocery stores, and other retail stores) and geography (APAC, North America, Europe, MEA, and South America). The EAS antennas market report also offers information on several market vendors, including Agon Systems Ltd., CCL Industries Inc., Century Retail Europe BV, Dialoc ID Products BV, Gunnebo AB, Hangzhou Century Co. Ltd., Hangzhou Ontime IT Co. Ltd., Johnson Controls International Plc, Mighty Cube Co. Ltd., and Nedap NV among others.
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Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increase in spending on retail security systems is notably driving the EAS antennas market growth, although factors such as high implementation costs may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the EAS antennas industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key EAS Antennas Market Driver
The increasing investment in retail security systems is one of the key drivers that will stimulate market growth during the forecast period. Retailers highly prefer security systems such as electronic article surveillance (EAS) antennas to prevent shoplifting and enhance their operational efficiency. The installation of these systems will continue to increase during the projected period because they improve inventory management and enhance the shopping experience for customers.
Key EAS Antennas Market Trend
The integration of RFID in EAS tags is one of the key EAS antennas market trends gaining traction. The integration of RFID and EAS results in the development of RF EAS systems. The adoption of these systems is increasing in retail outlets because they minimize shrinkage. These systems help retail outlet owners to track fast-moving products and replenish them from time to time.
This EAS antennas market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the EAS antennas market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the eas antennas market encompasses successful business strategies deployed by the key vendors. The EAS antennas market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The EAS antennas market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the eas antennas market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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