Passport Reader Market Estimated to Cross US$ 400.97 Mn by 2030

The global Passport Reader market size is expected to reach USD 400.97 million by 2030, registering a CAGR of 12.3% over the forecast period 2021 – 2030.

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Growth Factors

 The increasing adoption of e-passports and need for authentication of passports at airport points, border control facilities, and immigration points are expected to drive the growth of the market. The increasing number of air passengers is expected to subsequently trigger the building of new airports, especially in developing economies across the world. The governments of various countries are investing heavily in construction of airports and this is expected to increase the demand for passport readers over the forecast period.

increasing adoption of new technologies such as Optical Character Recognition (OCR) enables saving the time required for airport staff to manually enter the data of passengers in the systems. The use of RFID technology has increased owing to the demand from industries & sectors such as transport, retail, medical, and defense.

Report Coverage

Report Scope Details
Market Size USD 400.97 million by 2030
Growth Rate CAGR of 12.3% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Technology, Type, Sector, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Gemalto NV (France); ARH Inc. (Hungary); 3M (U.S.); IER (France); Access Ltd. (U.K.); Beijing Wintone Science & Technology Co. Ltd. (China); and DESKO GmbH (Germany)

By Technology Analysis

The RFID segment dominated the market in 2020 and accounted for a market share exceeding 40%. The RFID technology involves the use of an RFID tag embedded in passports, which would be scanned to read the information.

The optical character recognition segment is expected to witness substantial growth over the forecast period. The growth of the segment can be attributed to the need for converting several forms of documentation such as digital images and scanned paper into editable and searchable data.

By Type Analysis

Based on type, the market has been further segregated into swipe reader, self-service kiosk, compact full-page reader, and others. The swipe reader segment accounted for the largest market share in 2020.

The self-service kiosk segment is projected to exhibit the highest growth over the forecast period owing to the high demand for efficient management of airport activities across the globe. A self-service kiosk installed at airports enables travelers to avoid long waiting hours in queues as well as delays at check-in points.

By Sector Analysis

The public sector dominated the passport reader market in 2020 and accounted for a market share of more than 65%. The growth of the segment can be attributed to the increasing installation of passport readers at border control, airport check-in, and immigration points to check the authenticity of documents.

The private sector is expected to register the highest CAGR over the forecast period. The increasing demand for a passport reader from travel agencies and car rental & leasing companies is expected to drive the segment growth.

By Application Analysis

 The airport security segment dominated the market in 2020 and is projected to continue dominating the market over the forecast period. The growing threats of human trafficking, border terrorism, smuggling, drug trade, and other criminal activities have led to the imposition of stringent security measures at airports across the world.

The border control segment is expected to witness significant growth in the next six years. The increasing use of a passport reader to detect altered or counterfeit documents of travelers is expected to drive the segment growth.

By Regional Analysis

North America dominated the market in terms of revenue owing to the increasing number of air passengers. The growing use of e-passports at hotels, airport terminals, immigration points, and so on is driving the demand of passport readers in the region.

Asia Pacific is anticipated to exhibit the highest CAGR over the forecast period. Countries such as China and India are expected to generate considerable revenue over the next six years owing to the presence of several manufacturers and the development of advanced products such as self-service kiosks, combo readers

Key Players

  • Gemalto NV (France)
  • ARH Inc. (Hungary)
  • 3M (U.S.)
  • IER (France)
  • Access Ltd. (U.K.)
  • Beijing Wintone Science & Technology Co. Ltd. (China)
  • DESKO GmbH (Germany)

Market Segmentation

  • Technology
    • RFID
    • Barcode
    • OCR
  • Type
    • Swipe Readers
    • Self-Service Kiosk
    • Compact Full-Page Reader
    • Others
  • Application
    • Airport Security
    • Border Control
    • Others
  • Sector
    • Public
    • Private
  • Regional
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • The U.K.
      • Germany
      • France
      • Italy
      • Spain
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • South America
      • Brazil
    • Middle East & Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Application Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Passport Reader Market, By Technology

7.1.  Passport Reader Market, by Technology, 2021-2030

7.1.1.    RFID

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Barcode

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    OCR

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Passport Reader Market, By Type

8.1.  Passport Reader Market, by Type, 2021-2030

8.1.1.    Swipe Readers

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Self-Service Kiosk

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Compact Full-Page Reader

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Others

8.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Passport Reader Market, By Application

9.1.  Passport Reader Market, by Application, 2021-2030

9.1.1.    Airport Security

9.1.1.1.        Market Revenue and Forecast (2017-2030)

9.1.2.    Border Control

9.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 10.      Global Passport Reader Market, By Sector

10.1.        Passport Reader Market, by Sector, 2021-2030

10.1.1.  Public

10.1.1.1.      Market Revenue and Forecast (2017-2030)

10.1.2.  Private

10.1.2.1.      Market Revenue and Forecast (2017-2030)

Chapter 11.      Global Passport Reader Market, Regional Estimates and Trend Forecast

11.1.        North America

11.1.1.  Market Revenue and Forecast, by Technology (2017-2030)

11.1.2.  Market Revenue and Forecast, by Type (2017-2030)

11.1.3.  Market Revenue and Forecast, by Application (2017-2030)

11.1.4.  Market Revenue and Forecast, by Sector (2017-2030)

11.1.5.  U.S.

11.1.5.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.1.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.1.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.1.5.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.1.6.  Rest of North America

11.1.6.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.1.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.1.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.1.6.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.2.        Europe

11.2.1.  Market Revenue and Forecast, by Technology (2017-2030)

11.2.2.  Market Revenue and Forecast, by Type (2017-2030)

11.2.3.  Market Revenue and Forecast, by Application (2017-2030)

11.2.4.  Market Revenue and Forecast, by Sector (2017-2030)

11.2.5.  UK

11.2.5.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.2.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.2.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.2.5.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.2.6.  Germany

11.2.6.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.2.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.2.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.2.6.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.2.7.  France

11.2.7.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.2.7.2.      Market Revenue and Forecast, by Type (2017-2030)

11.2.7.3.      Market Revenue and Forecast, by Application (2017-2030)

11.2.7.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.2.8.  Rest of Europe

11.2.8.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.2.8.2.      Market Revenue and Forecast, by Type (2017-2030)

11.2.8.3.      Market Revenue and Forecast, by Application (2017-2030)

11.2.8.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.3.        APAC

11.3.1.  Market Revenue and Forecast, by Technology (2017-2030)

11.3.2.  Market Revenue and Forecast, by Type (2017-2030)

11.3.3.  Market Revenue and Forecast, by Application (2017-2030)

11.3.4.  Market Revenue and Forecast, by Sector (2017-2030)

11.3.5.  India

11.3.5.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.3.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.3.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.3.5.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.3.6.  China

11.3.6.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.3.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.3.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.3.6.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.3.7.  Japan

11.3.7.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.3.7.2.      Market Revenue and Forecast, by Type (2017-2030)

11.3.7.3.      Market Revenue and Forecast, by Application (2017-2030)

11.3.7.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.3.8.  Rest of APAC

11.3.8.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.3.8.2.      Market Revenue and Forecast, by Type (2017-2030)

11.3.8.3.      Market Revenue and Forecast, by Application (2017-2030)

11.3.8.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.4.        MEA

11.4.1.  Market Revenue and Forecast, by Technology (2017-2030)

11.4.2.  Market Revenue and Forecast, by Type (2017-2030)

11.4.3.  Market Revenue and Forecast, by Application (2017-2030)

11.4.4.  Market Revenue and Forecast, by Sector (2017-2030)

11.4.5.  GCC

11.4.5.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.4.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.4.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.4.5.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.4.6.  North Africa

11.4.6.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.4.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.4.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.4.6.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.4.7.  South Africa

11.4.7.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.4.7.2.      Market Revenue and Forecast, by Type (2017-2030)

11.4.7.3.      Market Revenue and Forecast, by Application (2017-2030)

11.4.7.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.4.8.  Rest of MEA

11.4.8.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.4.8.2.      Market Revenue and Forecast, by Type (2017-2030)

11.4.8.3.      Market Revenue and Forecast, by Application (2017-2030)

11.4.8.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.5.        Latin America

11.5.1.  Market Revenue and Forecast, by Technology (2017-2030)

11.5.2.  Market Revenue and Forecast, by Type (2017-2030)

11.5.3.  Market Revenue and Forecast, by Application (2017-2030)

11.5.4.  Market Revenue and Forecast, by Sector (2017-2030)

11.5.5.  Brazil

11.5.5.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.5.5.2.      Market Revenue and Forecast, by Type (2017-2030)

11.5.5.3.      Market Revenue and Forecast, by Application (2017-2030)

11.5.5.4.      Market Revenue and Forecast, by Sector (2017-2030)

11.5.6.  Rest of LATAM

11.5.6.1.      Market Revenue and Forecast, by Technology (2017-2030)

11.5.6.2.      Market Revenue and Forecast, by Type (2017-2030)

11.5.6.3.      Market Revenue and Forecast, by Application (2017-2030)

11.5.6.4.      Market Revenue and Forecast, by Sector (2017-2030)

Chapter 12.  Company Profiles

12.1.              Gemalto NV (France)

12.1.1.  Company Overview

12.1.2.  Technology Offerings

12.1.3.  Financial Performance

12.1.4.  Recent Initiatives

12.2.              ARH Inc. (Hungary)

12.2.1.  Company Overview

12.2.2.  Technology Offerings

12.2.3.  Financial Performance

12.2.4.  Recent Initiatives

12.3.              3M (U.S.)

12.3.1.  Company Overview

12.3.2.  Technology Offerings

12.3.3.  Financial Performance

12.3.4.  Recent Initiatives

12.4.              IER (France)

12.4.1.  Company Overview

12.4.2.  Technology Offerings

12.4.3.  Financial Performance

12.4.4.  Recent Initiatives

12.5.              Access Ltd. (U.K.)

12.5.1.  Company Overview

12.5.2.  Technology Offerings

12.5.3.  Financial Performance

12.5.4.  Recent Initiatives

12.6.              Beijing Wintone Science & Technology Co. Ltd. (China)

12.6.1.  Company Overview

12.6.2.  Technology Offerings

12.6.3.  Financial Performance

12.6.4.  Recent Initiatives

12.7.              DESKO GmbH (Germany)

12.7.1.  Company Overview

12.7.2.  Technology Offerings

12.7.3.  Financial Performance

12.7.4.  Recent Initiatives

Chapter 13.  Research Methodology

13.1.              Primary Research

13.2.              Secondary Research

13.3.              Assumptions

Chapter 14.  Appendix

14.1.              About Us

14.2.              Glossary of Terms

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