The global Passport Reader market was valued at US$ 167.6 million in 2022 and is projected to reach US$ 231 million by 2029, at a CAGR of 4.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

A biometric passport is a traditional passport that has an embedded electronic microprocessor chip which contains biometric information that can be used to authenticate the identity of the passport holder. It uses contactless smart card technology, including a microprocessor chip (computer chip) and antenna (for both power to the chip and communication) embedded in the front or back cover, or center page, of the passport. The passport's critical information is both printed on the data page of the passport and stored in the chip.

This report aims to provide a comprehensive presentation of the global market for Passport Reader, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Passport Reader. This report contains market size and forecasts of Passport Reader in global, including the following market information:

 

Global Passport Reader Market Revenue, 2018-2023, 2024-2029, ($ millions)

 

Global Passport Reader Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Passport Reader companies in 2022 (%)

Increase in the e-passports is rising the demand for passport readers at the airport terminals, hotels, and car rental service stations among others. These e-passports help in creating highly secure and interoperable infrastructure for international travel. Additionally, they reduce waiting time and benefit users by providing self-service kiosks, which enables the passengers to self-verify. However, one of the major restraining factors slowing down the growth of the passport readers market are the technical issues that occur in the device. The passport reader is an electronic device comprising electronic components, optical scanners, RFID, and others. Electronic components are highly sensitive to high voltage, which may damage them or may interfere with the proper working of the device.

We surveyed the Passport Reader manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Table of content

1 Introduction to Research & Analysis Reports
1.1 Passport Reader Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Passport Reader Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Passport Reader Overall Market Size
2.1 Global Passport Reader Market Size: 2022 VS 2029
2.2 Global Passport Reader Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Passport Reader Sales: 2018-2029
3 Company Landscape
3.1 Top Passport Reader Players in Global Market
3.2 Top Global Passport Reader Companies Ranked by Revenue
3.3 Global Passport Reader Revenue by Companies
3.4 Global Passport Reader Sales by Companies
3.5 Global Passport Reader Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Passport Reader Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Passport Reader Product Type
3.8 Tier 1, Tier 2 and Tier 3 Passport Reader Players in Global Market
3.8.1 List of Global Tier 1 Passport Reader Companies
3.8.2 List of Global Tier 2 and Tier 3 Passport Reader Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type – Global Passport Reader Market Size Markets, 2022 & 2029
4.1.2 RFID
 

 

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