The Asia-Pacific passport reader market was valued at US$ 57.07million in 2019 and is projected to reach US$ 116.77million by 2027; it is expected to grow at a CAGR of 9.8% from 2020 to 2027.
The growth of the market is this region is mainly attributed to the rise in number of tourists.With the rising number of international tourists, airports in this region are deploying systems to ensure additional level of security,along with expanding the number of gates to efficiently handle air passenger traffic; these gates feature passport readers.
The spike in number of the airport construction and expansion activities is anticipated to boost the demand for passport readers in Asia-Pacific.Several countries have extensively focused on the development of their airport infrastructure. For instance, the Chinese government plans to construct additional 215 airports by 2035. Also, by 2024, the Indian government plans to build 100 new airports across the country.
The detailed report on the Asia-Pacific passport reader market includes inventory and volume analysis, top-selling items, revenue and profit margin optimization, and staffing needs. With this, vendors can attract new customers and expand their footprints in emerging markets. The Asia-Pacific passport reader market is expected to grow at a good CAGR during the forecast period from 2020 to 2027.
Rest of Asia-Pacific Passport Reader Market Revenue and Forecasts to 2027 (US$ Million)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Asia-Pacific Passport Reader Market–Segmentation
Asia-Pacific Passport ReaderMarket,by Technology
- RFID
- Barcode
- OCR
Asia-Pacific Passport Reader Market,by Type
- Swipe Readers
- Self-Service Kiosks
- Compact Full-Page Readers
- Portable Readers
Asia-Pacific Passport Reader Market, by Application
- Airport Security
- Border Control
- Others
Asia-Pacific Passport Reader Market, by Sector
- Public
- Private
Asia-Pacific Passport Reader Market,by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia-Pacific Passport Reader Market-Companies Mentioned
- Adaptive Recognition Hungary, Inc.
- Thales Group
- Access Ltd
- BejingWintone Science & Technology Co. Ltd
- DESKO GmbH
- IER SAS
- Shenzhen Rakinda Technologies Co., Ltd.
- Regula
- Veridos GmbH
- Lintech Enterprises Limited
Asia Pacific Passport Reader Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 57.07 Million |
| Market Size by 2027 | US$ 116.77 Million |
| Global CAGR (2020 - 2027) | 9.8% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Technology
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Technology, Type, Application, Sector, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
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The List of Companies - Asia-Pacific Passport Reader Market
- Adaptive Recognition Hungary, Inc.
- Thales Group
- Access Ltd
- BejingWintone Science & Technology Co. Ltd
- DESKO GmbH
- IER SAS
- Shenzhen Rakinda Technologies Co., Ltd.
- Regula
- Veridos GmbH
- Lintech Enterprises Limited
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