The global demand for Casino Gaming Equipment Market is presumed to reach the valuation of nearly USD 24.03 MN by 2030 from USD 14.52 MN in 2022 with a CAGR of 6.5% under the study period of 2023-2030.
Casino gaming equipment is used in casinos, these games are also played outside casinos for entertainment purpose like in parties or competitions, malls and also in online casinos. Gaming chips, slot machines, casino tables, and video poker machines among others are some products types of casino gaming equipment.
Market Dynamics
The rising demand for smart casino gaming equipment along with increasing online sales of casino gaming equipment is driving the market growth. Growing spending capability of customers is again fuelling market growth. However, increasing penetration of online gambling and the high tax imposed by governments along with the addictive behavior of low-income groups toward gambling are expected to act as challenges to market growth. Whereas, the popularity of reconfigurable electronic gaming machines and implementation of facial recognition technology are emerging trends in casino gaming which are expected to drive the market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of casino gaming equipment.
Market Segmentation
The entire casino gaming equipment market has been sub-categorized into product type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Slot Machines
- Video Lottery Terminal
- Video Poker Machines
- Others
By Installation
- Installed Inside Casino
- Installed Outside Casino
By Mode of Operation
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for casino gaming equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Casino Gaming Equipment Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Casino Gaming Equipment market include Playags Inc., Incredible Technologies Inc., International Game Technology Plc, Everi Holdings Inc., Aristocrat Leisure Ltd., Euro Games Technology Ltd., Gamebridge Casino Equipment, Jackpot Digital Inc, Matsui Gaming Machine Co. Ltd. and The Novomatic Ag Group. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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