Casino Gaming Equipment Market Reach USD 18.97 Billion, Globally, by 2029 at 5.6% CAGR


Posted July 7, 2023 by Komal20

Casino Gaming Equipment Market was valued at USD 12.95 Billion in 2022, and is expected to reach USD 18.97 Billion by 2029, exhibiting a CAGR of 5.6% during the forecast period (2023-2029)
 
Casino Gaming Equipment Market Overview:

The Casino Gaming Equipment Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Casino Gaming Equipment Market, as well as the causes for variances in the industry’s growth in different regions.

The Casino Gaming Equipment Market was valued at USD 12.95 Billion in 2022, and is expected to reach USD 18.97 Billion by 2029, exhibiting a CAGR of 5.6% during the forecast period (2023-2029)

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Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.

Segmentation:

The market for casino gaming equipment is divided into categories based on product type, including video lottery terminals, video poker machines, and others. In the market for casino gaming equipment in 2022, the slot machines segment experienced significant growth. The segment for video poker machines, however, is anticipated to experience faster CAGR growth during the projection period. Due to the increased global acceptance of casinos and gambling, the slot machine market is anticipated to expand significantly throughout the forecast period. During the projected period, the growth of the slot machine segment is anticipated to be impacted by the rising popularity of reconfigurable electronic gaming machines. Additionally, the widespread use of radical skill-based automation and the introduction of new, sophisticated games have given significant players countless opportunity to

The market for casino gaming equipment is divided into categories based on product type, including video lottery terminals, video poker machines, and others. In the market for casino gaming equipment in 2022, the slot machines segment experienced significant growth. The segment for video poker machines, however, is anticipated to experience faster CAGR growth during the projection period. Due to the increased global acceptance of casinos and gambling, the slot machine market is anticipated to expand significantly throughout the forecast period. During the projected period, the growth of the slot machine segment is anticipated to be impacted by the rising popularity of reconfigurable electronic gaming machines. Additionally, the widespread use of radical skill-based automation and the introduction of new, sophisticated games have given significant players countless opportunity to

1 Global Casino Gaming Equipment Market, by Product Type (2022-2029)
• Slot Machine
• Video Lottery Terminal
• Video Poker Machine
• Others

2 Global Casino Gaming Equipment Market, by Installation (2022-2029)
• Installed Inside Casino
• Installed Outside Casino

3 Global Casino Gaming Equipment Market, by Mode Of Operation (2022-2029)
• Floor mounted
• Portable

4 Global Casino Gaming Equipment Market, by End User (2022-2029)
• Standalone Casino
• Hotel Casino
• Cruise and Riverboat Casino
• Others

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Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research is used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

• The biggest players in the Casino Gaming Equipment Market are as follows:

1. PLAYAGS, INC.
2.Incredible Technologies, Inc.
3.International Game Technology Plc.
4. Everi Holdings Inc.
5.Aristocrat Leisure Ltd
6. Euro Games Technology Ltd
7.GameBridge Casino Equipment
8.Jackpot Digital Inc.
9. Matsui Gaming Machine Co., Ltd.
10.The Novomatic AG Group
11. Scientific Games Corporation
12.Gaming Partners International Inc.
13. Konami Holdings Corporation
14. Abbiati Casino Equipment S.r.l.
15. Flutter Entertainment plc
16. AGS LLC
17.Aruze Gaming America, Inc.
18.Agtslots
19. Caesars Entertainment
20.Las Vegas Sands Corporation
21. Melco International Development Limited
22.TCSJOHNHUXLEY

Regional Analysis:

Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Casino Gaming Equipment Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on the Casino Gaming Equipment Market:

End-user industries where Casino Gaming Equipment Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Casino Gaming Equipment Market manufacturers, influencing the development of the Casino Gaming Equipment Market in 2020. End-user business demand for Casino Gaming Equipment Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.

Key Questions Answered in the Casino Gaming Equipment Market Report are:

In 2021, which segment held the highest proportion of the Casino Gaming Equipment Market?

What is the Casino Gaming Equipment Market’s competitive landscape?

What are the primary drivers assisting the Casino Gaming Equipment Market growth?

Which region has the most market share in the Casino Gaming Equipment Market?

What will be the Casino Gaming Equipment Market’s CAGR throughout the projected period?

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Issued By Komal
Country India
Categories Aerospace , Apparel , Automotive
Last Updated July 7, 2023