Casino Gaming Equipment Market is Expected to Exceed Value of USD 10 billion by the end of 2030

PRESS RELEASE
Published February 8, 2023

Market Research Future Insights

According to MRFR analysis, the global Casino Gaming Equipment Market is expected to register a CAGR of ~ 5% from 2021 to 2030 and hold a value of over ~USD 10 billion by 2030.

Casino gaming equipment is the gaming machines cast-off in casinos, malls, and other leisure purposes for entertainment. It is similarly named gambling equipment. There are numerous games played at the casino, and each game of the casino needs different types of equipment. This equipment is designed in a way to demeanor casino operations in a secure, auditable, and reliable manner. Fake or original currency notes can examine and authenticate by some of this equipment.

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In each country, this game is controlled by several policies. The gaming commissions such as American Gaming Association and National Indian Gaming Commission take the ordinances of manufacturing, sale, and distribution of gaming machines to usage. The novel development of this equipment has transformed into high-technology arcades. Mostly, these are worked electronically but before this casino gaming equipment was operated manually. Slot machines are usually used as casino gaming equipment, whereas casino tables and video poker are comprised of other equipment. The latest computer-controlled technology is replaced which has high accuracy, speed, and uprightness in the game.

Casino Gaming Equipment Market Key Players

Some of the key market players are

Novomatic (Austria) Gaming Partners International Inc. (US) International Game Technology PLC (IGT) (UK) Aristocrat Leisure (Australia) Scientific Games Corporation (US) Incredible Technologies Inc (US) Konami Holdings Corporation (Japan) PlayAGS (US) Everi Holdings Inc. (US) Abbiati Casino Equipment S.r.l. (Italy)

Casino Gaming Equipment Market Segmentation

The global Casino Gaming Equipment Market has been segmented into type and application.

 Based on the type, The global Casino Gaming Equipment Market has been segmented into gaming chips, slot machines, casino tables, video poker machines, and others. During the forecast period, the gaming chip segment is anticipated to hold significant market growth, and the casino tables are projected to hold moderate growth owing to the demand for offline gambling games is to be raised.

Based on the application, The global Casino Gaming Equipment Market has been segmented into casinos, malls, and others. During the forecast period, the casino segment is anticipated to dominate the market and the mall segment is anticipated to hold phenomenal growth owing to an upsurge in demand for video gaming machines and table games.

Regional Analysis

The Asia-Pacific region is anticipated to hold a prominent share of the market for its existence in various casino gaming equipment manufacturing industries. In this region, casino gaming equipment has more popularity and numerous government liberal regulations are the factors that upsurge the growth of the gambling equipment market.

Europe is anticipated to grow at a substantial growth of its strong government standards and rising demand for offline gaming from Russia, Germany, Spain, and France.

North America is anticipated to hold the highest market share in 2030 for the rising popularity of gambling equipment in this region

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Table Of Contents

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat Of New Entrants

3.1.2. Bargaining Power Of Buyers

3.1.3. Threat Of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power Of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

Continue…

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