Passport Document Readers
Market
Passport Document Readers Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Passport Document Readers Market Size and Growth
The Passport Document Readers market is experiencing robust growth, driven by increasing security demands and technological advancements. As of 2023, the market size is estimated to reach approximately $1.5 billion, with a projected CAGR of 7% through 2028. Emerging economies and enhanced border control measures further propel market expansion.
Companies Covered
(Covid 19 Impact Covered)
◍ Thales
◍ Access
◍ Wanzl
◍ Parabit
◍ Dorakaba
◍ ZKTeco
◍ Gunnebo
◍ Magnetic
The Passport Document Readers Market features companies like Thales, Access, Wanzl, Parabit, Dorakaba, ZKTeco, and Gunnebo, which enhance security and streamline border control. They innovate through technology integration, improving efficiency and reliability. Sales revenues include Thales: €18 billion, ZKTeco: $1 billion, and Gunnebo: €0.6 billion, driving market growth. Request Sample Report
Market Segmentation
By Application
Passport
ID
Document
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By Product
Portable
Unportable
Market Growth
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$ X Billion USD
