According to the latest market research study, the global casino gaming equipment market is expected to grow at a CAGR of over 15% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global casino gaming equipment market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the product
|
PRODUCT TYPE |
MARKET SHARE 2016 (%) |
|
Casino tables |
35.27% |
|
Slot machines |
23.13% |
|
Gaming chips |
16.31% |
Source: Technavio
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The top three revenue contributing product segments are discussed below
Global casino gaming equipment market by casino tables: The market is flourishing owing to of the rise in demand for casino tables globally, especially in the US and China. Furthermore, the rising adoption of electronic table games (ETGs) is also contributing to the growth of the global casino table market.
“Digital face recognition technology is one of the latest technologies that is being implemented in casino gaming equipment and casinos. Eye in the Sky cameras help in detecting individuals’ movements in casinos and are used to monitor individuals that are known for cheating,” says Ujjwal Doshi, a lead analyst at Technavio for research on media and entertainment services.
Global casino gaming equipment market by slot machines: The global casino gaming equipment market by slot machines is growing at a steady rate because of the increase in R&D capabilities of smaller manufacturers worldwide. The global market for slot machines is characterized by both, large and small-scale acquisitions.
Global casino gaming equipment market by gaming chips: The steady increase in the value of gaming chips in casinos is expected to be the fundamental driving force behind the growth of the global market for gaming chips. Poker is a game of decisions, hence, players do not prefer to use virtual tokens or electronic devices as it spoils the essence of the game.
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The top vendors operating in the global casino gaming equipment market are:
- Aristocrat Leisure
- Novomatic
- Galaxy Entertainment
- GTECH
- Scientific Games
Other prominent vendors in the market include Amatic Industries, Ainsworth Game Technology, APEX Gaming Technology, Astro Gaming, Everi Holdings, Gaming Partners International, Interblock, Konami Gaming, and Universal Entertainment.
A more detailed analysis is available in the Technavio report titled, ‘Global Casino Gaming Equipment Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Casino Gaming Market in the US 2016-2020
- Casino Gaming Market in the Philippines 2016-2020
- Global Casino Gaming Market 2017-2021
- Online Gambling Market in the US 2016-2020
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