Research Methodology – Electronic Article Surveillance Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Electronic Article Surveillance Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Electronic Article Surveillance Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- The number of businesses or retailers employing EAS systems.
- Market cap of major companies involved in the production and distribution of EAS systems.
- Penetration level of EAS in different sectors like retail, library, supermarkets, etc.
- Overall budget spent by companies on security, particularly Electronic Article Surveillance.
- New entrants or start-ups in the EAS market space.
- Geographical distribution and usage of EAS systems, including analysis by country or region.
- Trade volumes of EAS equipment and components.
Key Market Indicators
- Year on Year growth rate of EAS market.
- Market share of leading players in the EAS industry.
- The rate of adoption of EAS by different business sectors.
- The level of public and private investment in the EAS market.
- Technological advances and innovation in EAS systems.
- Regulatory guidelines or mandates that may affect the EAS market.
Growth Trends
- Increasing retail theft leading to a rise in the adoption of EAS systems.
- Digital transformation and incorporation of IoT in EAS systems.
- Adoption of Artificial Intelligence and Machine Learning for advanced EAS systems.
- Growth of the retail sector driving the demand for EAS systems.
- Rising interest in RFID-based EAS systems.
- Increase in e-commerce leading to the need for greater warehouse and product surveillance.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Electronic Article Surveillance Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Electronic Article Surveillance Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights