Casino Gaming Equipment Market is Projected to Witness 5.5% CAGR by 2027

Pune, India, August 2019, MRFR Press Release/- Market Research Future has Published a Half-Cooked Research Report on the Global Casino Gaming Equipment Market.

Market Highlights

Casio gaming equipment are gaming machines used in casinos, malls, and other places of entertainment. The casino gaming equipment market has been expanding due to the digitization trend. Growing demand for mass-market gaming equipment, increasing adoption of automation system for casino gaming equipment, and rising popularity of electronic gaming tables (EGT) are set to drive the growth of the market.

Strict industry regulations, lack of skilled professionals, and the high initial prices and maintenance costs associated with casino gaming equipment is expected to hamper the market growth during the forecast period. However, the growing use of loT for monitoring machine condition, technological advancement in casino gaming equipment, and developing economies in emerging countries create ample opportunities for the expansion and growth of this market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Drivers: Global Casino Gaming Equipment Market 

Market Research Analysis

The global casino gaming equipment market is segmented based on type, application, and region. On the basis of type, the global market has been segmented into gaming chips, slot machines, casino tables, video poker machines, and other. The slot machine segment is expected to witness a moderate growth in the global market in terms of value during the forecast period due to growing demand for slot machines with gambling games like poker in US, China, and Germany.

On the basis of application, the global market has been segmented into casino, mall, and others. The mall segment is expected to witness a phenomenal growth in the global market during the forecast period due to growing deployment of electronic gaming machines and arcade game machines in shopping malls.

In terms of region, the global market for casino gaming equipment is segmented into– North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to hold the largest share in the global casino gaming equipment market throughout the forecast period owing to the increase in foreign investments in developing casino gaming centers due to large population base and growing economy from China, Japan, and India is expected to increase the demand and sale of casino gaming equipment. In Asia-Pacific casino gaming equipment market, China is projected to hold the largest share and expected to grow at a rapid pace over the forecast period due to the growing disposable income and developing infrastructure for mall across the country.

On the other hand, North America is projected to witness significant growth for the casino gaming equipment market. The presence of major players such as Scientific Games Corporation, Gaming Partners International, Inc. and Incredible Technologies Inc in the US are expected to support the growth of the market during the forecast period. US is the leading markets in the North America region over the forecast period due to increasing investment for the development of new and upgradation of existing casino gaming centers especially in Las Vegas and Pennsylvania.

The casino gaming equipment market in Europe is expected to witness significant growth due to the presence of many developed nations and their willingness to adopt new technologies. In Europe casing gaming equipment market, UK is projected to witness a significant growth over the forecast period due to growing online casino industry across the country.

The rest of the world includes regions such as Latin America and the Middle East & Africa. Latin America is an emerging region, which is incorporating technological advancements in the casino gaming equipment market at a rapid pace. Countries such as Brazil and Argentina are significantly contributing to the growth of the market in the region.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/casino-gaming-equipment-market-8194

Scope of the Report

This study provides an overview of the global casino gaming equipment market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the rest of the world. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global casino gaming equipment market by type, application, and region.

• 
  By Type
  
  
  
  • Gaming Chips
  
  
  • Slot Machines
  
  
  • Casino Tables
  
  
  • Video Poker Machines
  
  
  • Other
  
  
  
  

• 
  By Application
  
  
  
  • Casino
  
  
  • Mall
  
  
  • Others
  
  
  
  

• 
  By Regions
  
  
  
  • North America 
  
  
  • Asia–Pacific 
  
  
  • Europe
  
  
  • Rest of the World  
  
  
  
  

Key Players

The leading players operating in the global casino gaming equipment market are Novomatic (Austria), Gaming Partners International, Inc. (US), Incredible Technologies Inc (US), International Game Technology PLC (IGT) (UK), Aristocrat Leisure (Australia), Scientific Games Corporation (US), Konami Holdings Corporation (Japan), PlayAGS (US), Everi Holdings Inc., (US), and Abbiati Casino Equipment S.r.l. (Italy).