According to IMARC Group latest report titled” Casino Gaming Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on casino gaming equipment industry size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global casino gaming equipment market size reached US$ 11.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.6 Billion by 2028, exhibiting a growth rate (CAGR) of 2.9% during 2023-2028.
What are casino gaming equipment?
Casino gaming equipment is widely utilized in casinos for playing various casino games. It includes blackjack, roulette, craps, slot and video poker machines, chips, cards, and dice. Gaming tables are the most common type of casino gaming equipment that is constructed using wood, with felt or vinyl surfaces for playing cards, chips, and dice. Slot machines come in a variety of shapes and sizes and feature a variety of games. Additionally, poker machines, big six-wheel, baccarat, blackjack, craps, and five-card draws are highly versatile tools that offer enhanced profitability, convenience, safety, and cost-effectiveness. These machines analyze player behavior and authenticate fake and genuine currency notes, making them a popular choice in malls, casinos, and gaming arenas.
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What are the growth prospects and trends in the casino gaming equipment industry?
The rising popularity of casino games majorly drives the global market. Coupled with the legalization of gambling across various parts of the world, which is acting as a major driving factor. Along with this, the advent of electronic gaming tables that offer a stimulating live stadium atmosphere, allow for control of the gaming speed, demand only minimal bets, and protect the player against betting fraud, is significantly driving the market. Moreover, numerous leading manufacturers are heavily investing in developing modern casino gaming equipment to offer more immersive and realistic gaming experiences, which is creating a positive market outlook. Some of the other factors driving the market include rapid urbanization, inflating disposable income levels of the masses and changing consumer preferences.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Abbiati Casino Equipment S.r.l.
- AGS LLC
- Aristocrat Leisure Limited
- Euro Games Technology OOD
- Everi Holdings Inc.
- Incredible Technologies Inc.
- International Game Technology PLC
- Jackpot Digital Inc.
- Konami Holdings Corporation
- Scientific Games Corporation
- TCS John Huxley Ltd.
Casino Gaming Equipment Market Segmentation:
Our report has categorized the market based on region, product type, installation, mode of operation and end use industry.
Breakup by Product Type:
- Slot Machines
- Video Lottery Terminal
- Video Poker Machines
Breakup by Installation:
- Installed Inside Casino
- Installed Outside Casino
Breakup by Mode of Operation:
- Floor Mounted
Breakup by End User:
- Leisure Centers
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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