Electronic Article Surveillance (EAS) Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Electronic Article Surveillance (EAS) Industry Overview

The EAS system market is moderately competitive, with many global and regional players like Sensormatic Solutions (Johnson Controls International PLC), Nedap NV, Avery Dennison Corporation, Ketec Inc., and Checkpoint Systems Inc. (CCL Industries Inc.). Increased R&D investments and innovation, along with strategies such as partnerships and collaborations, are expected to drive market growth in the near future and provide potential growth opportunities for new market entrants in the future.

For instance, in April 2023, Checkpoint Systems, a leading RF and RFID technology solutions provider, acquired Alert Systems based in Denmark, a leading Internet of Things (IoT) expert focused on magnet and metal detection in the retail sector.

In May 2023, CONTROLTEK, a leading tamper-evident packaging, RFID inventory, asset tracking, and retail asset protection solution, granted a new patent for its EAS system using Time of Flight (TOF) technology, which understands customer movements and reduces false alarms for RFID as EAS. The new patent allows CONTROLTEK to reduce system false alarms and improve threat detection accuracy. InFlight RFID, the next generation RFID as EAS, leverages this technology and is being implemented in retail stores worldwide. Accurate detection of threats is a major component of a secure EAS system, and CONTROLTEKconstantly incorporates this technology into its EAS system.