North America Electronic Article Surveillance Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Electronic Tag, Electronic Antenna, Deactivator/Detacher, and Others), Product Type (Radio Frequency Systems, Acousto-Magnetic Systems, Electromagnetic Systems, and Microwave Systems), and Application (Apparel & Fashion Accessories, Cosmetic & Pharmaceuticals, and Supermarkets & Grocery Stores)
The North America electronic article surveillance market is expected to grow from US$ 395.45 million in 2022 to US$ 521.58 million by 2028. It is estimated to grow at a CAGR of 4.7% from 2022 to 2028.
Increasing Retail Outlets by Various Brands is Driving North America Electronic Article Surveillance Market
The rising investment by retail brands to expand their footprint across the globe is increasing the number of retail outlets of fashion & apparel, cosmetics & pharmaceuticals, and supermarkets & groceries. A few of the major retail brands focused on increasing their retail footprint are mentioned below:
- In November 2022, JD Sports announced its plan to open 15 retail stores in Canada by 2023. This strategy is undertaken to expand the company’s retail footprint in the country.
- In October 2022, Miniso announced the launch of US$ 2 plus stores In Canada. These stores were established in the country to manufacture low-cost, high-quality products for the growing customer base.
- In December 2022, REWE announced the launch of its fully automatic store in Germany to expand its footprint and increase the adoption of technologies.
The growing number of initiatives by global retail brands to expand their outlets across the globe is increasing the need for various security solutions to prevent shoplifting, thereby boosting the demand for electronic article surveillance systems.
North America Electronic Article Surveillance Market Overview
The North America electronic article surveillance market is segmented into the US, Canada, and Mexico. The significant presence of the retail industry in North America is one of the major factors driving the growth of the electronic article surveillance market. Major retail brands across the region include The Kroger Co., Costco, Best Buy, Carvana, The Home Depot, Target, eBay, and Walmart. Many expansion strategies have been adopted by the abovementioned brands, including the opening of several new retail stores across the region. For example, in 2022, Target opened 23 new stores across different locations such as New York, Texas, Pittsburgh and South Carolina. Thus, the increase in the number of retail stores is further increasing the demand for electronic article surveillance solutions across the region.
North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
North America Electronic Article Surveillance Market Segmentation
The North America electronic article surveillance market is segmented into component, product type, application, and country.
Based on component, the North America electronic article surveillance market is sub segmented into electronic tag, electronic antenna, deactivator/detacher, and others. The electronic tag segment held the largest market share in 2022.
Based on product type, the North America electronic article surveillance market is segmented into radio frequency systems, acousto-magnetic systems, electromagnetic systems, and microwave systems. The acousto-magnetic systems segment held the largest market share in 2022.
Based on application, the North America electronic article surveillance market is segmented into apparel & fashion accessories, cosmetic & pharmaceuticals, and supermarkets & grocery stores. The apparel & fashion accessories segment held the largest market share in 2022.
Based on country, the North America electronic article surveillance market is segmented into the US, Canada, and Mexico. The US dominated the market in 2022.
ALL-TAG Corp; Amersec Sro; Ketec Inc; Shopguard Ltd; Sensormatic Electronics Corp; Checkpoint Systems Inc; and Nedap NV are the leading companies operating in the North America electronic article surveillance market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Electronic Article Surveillance Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Electronic Article Surveillance Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Retail Outlets by Various Brands
5.1.2 Growing Product Development Initiatives by Key Players
5.1.3 Rising Number of Supermarkets
5.2 Market Restraints
5.2.1 High Presence of Unorganized Retail Sector
5.3 Market Opportunities
5.3.1 Increasing Construction of Commercial Complexes
5.4 Future Trends
5.4.1 Technology Integration in Electronic Article Surveillance Systems
5.5 Impact Analysis of Drivers and Restraints
6. Electronic Article Surveillance Market – North America Market Analysis
6.1 North America Electronic Article Surveillance Market Overview
6.2 North America Electronic Article Surveillance Market Revenue Forecast and Analysis
7. North America Electronic Article Surveillance Market Revenue and Forecast to 2028 – Component
7.1 Overview
7.2 North America Electronic Article Surveillance Market, By Component (2021 & 2028)
7.3 Electronic Tag
7.3.1 Overview
7.3.2 Electronic Tag: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.4 Electronic Antenna
7.4.1 Overview
7.4.2 Electronic Antenna: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.5 Detacher/Deactivator
7.5.1 Overview
7.5.2 Detacher/Deactivator: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8. North America Electronic Article Surveillance Market Revenue and Forecast to 2028 – Product Type
8.1 Overview
8.2 North America Electronic Article Surveillance Market, By Product Type (2021 & 2028)
8.3 Radio-frequency Systems
8.3.1 Overview
8.3.2 Radio-frequency Systems: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.4 Acousto-Magnetic Systems
8.4.1 Overview
8.4.2 Acousto-Magnetic Systems: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.5 Electromagnetic Systems
8.5.1 Overview
8.5.2 Electromagnetic Systems: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
8.6 Microwave Systems
8.6.1 Overview
8.6.2 Microwave Systems: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9. North America Electronic Article Surveillance Market Revenue and Forecast to 2028 – Application
9.1 Overview
9.2 North America Electronic Article Surveillance Market, By Application (2021 & 2028)
9.3 Apparel and Fashion Accessories
9.3.1 Overview
9.3.2 Apparel and Fashion Accessories: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9.4 Cosmetic and Pharmaceuticals
9.4.1 Overview
9.4.2 Cosmetic and Pharmaceuticals: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
9.5 Supermarkets and Grocery Stores
9.5.1 Overview
9.5.2 Supermarkets and Grocery Stores: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
10. North America Electronic Article Surveillance Market – Country Analysis
10.1 Overview
10.1.1 North America: Electronic Article Surveillance Market, by Key Country
10.1.1.1 US: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Electronic Article Surveillance Market, By Component
10.1.1.1.2 US: Electronic Article Surveillance Market, by Product Type
10.1.1.1.3 US: Electronic Article Surveillance Market, by Application
10.1.1.2 Canada: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Electronic Article Surveillance Market, By Component
10.1.1.2.2 Canada: Electronic Article Surveillance Market, by Product Type
10.1.1.2.3 Canada: Electronic Article Surveillance Market, by Application
10.1.1.3 Mexico: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Electronic Article Surveillance Market, By Component
10.1.1.3.2 Mexico: Electronic Article Surveillance Market, by Product Type
10.1.1.3.3 Mexico: Electronic Article Surveillance Market, by Application
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
12. Company Profiles
12.1 ALL-TAG Corp
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Amersec Sro
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Ketec Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Shopguard Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Sensormatic Electronics Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Checkpoint Systems Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Nedap NV
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Electronic Article Surveillance Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Electronic Article Surveillance Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Electronic Article Surveillance Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Electronic Article Surveillance Market Segmentation
Figure 2. North America Electronic Article Surveillance Market Segmentation – By Country
Figure 3. North America Electronic Article Surveillance Market Overview
Figure 4. North America Electronic Article Surveillance Market, by Component
Figure 5. North America Electronic Article Surveillance Market, by Country
Figure 6. North America – PEST Analysis
Figure 7. North America Electronic Article Surveillance Market – Ecosystem Analysis
Figure 8. North America Electronic Article Surveillance Market Impact Analysis of Drivers and Restraints
Figure 9. North America Electronic Article Surveillance Market Revenue Forecast and Analysis (US$ Million)
Figure 10. North America Electronic Article Surveillance Market, By Component (2021 & 2028)
Figure 11. Electronic Tag: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Electronic Antenna: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Detacher/Deactivator: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Others: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Electronic Article Surveillance Market, By Product Type (2021 & 2028)
Figure 16. Radio-frequency Systems: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Acousto-Magnetic Systems: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Electromagnetic Systems: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Microwave Systems: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Electronic Article Surveillance Market, By Application (2021 & 2028)
Figure 21. Apparel and Fashion Accessories: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Cosmetic and Pharmaceuticals: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Fashion: North America Electronic Article Surveillance Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America: Electronic Article Surveillance Market, by Key Country (Revenue) (2021)
Figure 25. North America: Electronic Article Surveillance Market Revenue Share, by Key Country (2021 & 2028)
Figure 26. US: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Canada: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Electronic Article Surveillance Market – Revenue and Forecast to 2028 (US$ Million)
- ALL-TAG Corp
- Amersec Sro
- Ketec Inc
- Shopguard Ltd
- Sensormatic Electronics Corp
- Checkpoint Systems Inc
- Nedap NV
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America electronic article surveillance market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America electronic article surveillance market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the electronic article surveillance market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution