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According to our LPI (LP Information) latest study, the global E-passport market size was valued at US$ 5869.7 million in 2023. With growing demand in downstream market, the E-passport is forecast to a readjusted size of US$ 15010 million by 2030 with a CAGR of 14.4% during review period.
The research report highlights the growth potential of the global E-passport market. E-passport are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of E-passport. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the E-passport market.
A biometric passport (also known as an e-passport or a digital 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.
Global top five manufacturers of E-passport occupied for a share over 60 percent, key players are Gemalto N.V. (Thales), India Security Press, Bundesdruckerei, Goznak and Canadian Bank Note, etc. Europe is the largest producer.
Key Features:
The report on E-passport market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the E-passport market. It may include historical data, market Segmentation by Type (e.g., Ordinary E-passport, Official E-passport), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the E-passport market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the E-passport market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the E-passport industry. This include advancements in E-passport technology, E-passport new entrants, E-passport new investment, and other innovations that are shaping the future of E-passport.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the E-passport market. It includes factors influencing customer ' purchasing decisions, preferences for E-passport product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the E-passport market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting E-passport market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the E-passport market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the E-passport industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the E-passport market.
Market Segmentation:
E-passport market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Ordinary E-passport
- Official E-passport
Segmentation by application
- Adult
- Child
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Gemalto N.V. (Thales)
- Shanghai Mite Speciality & Precision Printing
- India Security Press
- Beijing Jinchen Cvic Security Printing
- Bundesdruckerei
- Japan National Printing Bureau
- Goznak
- Casa da Moeda do Brasil
- Canadian Bank Note
- Royal Mint of Spain
- Polish Security Printing Works
- Istituto Poligrafico e Zecca dello Stato
- Iris Corporation Berhad
- Semlex Group
- Veridos
- IDEMIA
- KOMSCO
Key Questions Addressed in this Report
What is the 10-year outlook for the global E-passport market?
What factors are driving E-passport market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do E-passport market opportunities vary by end market size?
How does E-passport break out type, application?