Casino Gaming Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026
- Transparency Market Research
Casio gaming equipment or gambling equipment are gaming machines used in casinos, malls, and other places of entertainment. These equipment are manufactured in a way that allows casino operations to be conducted in secure, auditable, and reliable manner. Various games are played at casinos; each game has its own type of casino gaming equipment. Some gaming equipment can analyze and authenticate fake or original currency notes. Casino gaming is regulated by various policies in each country. Manufacturers of gaming equipment are required to adhere to these policies. Development in casino gaming equipment has transformed casinos into high technology arcades. Most of these equipment works electronically. Earlier, casino gaming equipment were operated manually. Various types of casino gaming equipment are used; however, slot machines are used commonly and extensively. Other equipment include casino tables and video pokers. The classic mechanical gaming equipment have been replaced by computer controlled technology. This has increased accuracy and honesty in the game. Computer controlled technology has also added to the gaming speed. The casino gaming equipment market has been expanding due to the digitization trend.
The global casino gaming equipment market is projected to expand at a rapid pace during the forecast period. Many countries have become liberal with government regulations on casinos. For instance, Japan has legalized casinos due to the high revenues and the rise in popularity of gambling. This is expected to be a key factor driving the casino gaming equipment market. Increase in middle class population and rise in disposable income are other factors driving the casino gaming equipment market. Manufacturers of casino gaming equipment have adopted the latest technologies of smart gaming and digital gaming. They have analyzed and developed trending games such as Angry Birds and Call of Duty. Casino gaming is considered an easy and quicker source of income; however, it is banned or considered illegal in many countries. Implementation of various regulations in manufacture and functioning of these equipment is hampering the casino gaming equipment market. Shift in gambling habits of consumers and changes in market strategies such as gambling mobile applications are also estimated to adversely affect the casino gaming equipment market.
The casino gaming equipment market can be segmented based on product type, end-user, and region. In terms of product type, the casino gaming equipment market can be divided into gaming chips, slot machines, casino tables, video poker machines, and others. Casino tables also can be classified further in terms of different games such as Blackjack, Roulette, Baccarat, and others. Similarly, slot machines can also be categorized into three slot machines, multi play line slots and others. Based on end-user, the casino gaming equipment market can be split into casinos, malls, leisure centers, and others. Based on region, the casino gaming equipment market can be split into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America can be sub-divided into the U.S., Canada, and Rest of North America. Europe can be classified into the U.K., Germany, Italy, France, and Rest of Europe. Asia Pacific can be split into China, India, Japan, and the rest. Asia Pacific is expected to contribute extensively to the casino gaming equipment market due to the increase in popularity of gambling in the region.
Key players operating in the casino gaming equipment market include Novomatic, Aristocrat Leisure, Galaxy Entertainment, Amatic Industries, Ainsworth Game Technology Ltd., APEX Gaming Technology, Everi Holdings Inc., Universal Entertainment, Konami Gaming, Inc., Scientific Games Corporation, Interblock, TCSJOHNHUXLEY, International Game Technology PLC, Gaming Partners International Corporation, Casino Technology, and ARUZE GAMING AMERICA, INC. The global casino gaming equipment market is projected to expand due to the increase in population of gamblers and technological advancements in the industry. Furthermore, the rise in number of casinos across countries has been propelling the casino gaming equipment market.
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The study is a source of reliable data on:
- Market segments and sub-segments
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
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- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
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