Casino gaming equipment refer to gaming machines used for the purpose of entertainment and gambling and are found in casinos, malls, and other places of entertainment. It is highly regulated and these regulations differ from country to country. Numerous games are played at casinos and each game has its own type of gaming equipment.
The commercial casino industry has seen significant growth over last few decades. This has been primarily driven by several factors including product innovation, rise in consumer spending, and increase in casino establishments. Over years, manufacturers have laid high emphasis on new product development as a means to increase consumer experience and to sustain competition. There has been a transition from traditional casino tables to electronic gaming tables. Moreover, with rise in disposable income and consumer spending on entertainment activities, consumer visits to casinos have increased in recent past. In addition, governments in several countries have liberalized regulations related to casinos. This has enabled to expand casino establishments, which drives demand for the equipment. However, several manufactures are highly reliant on third-party suppliers and vendors for delivering parts, equipment, and services. Any failure of these third parties to meet their delivery commitments could result in subsequent loss, and affect customer orders. This loss can have an adverse effect on results of operations, cash flows, and financial condition. Hence, it can be regarded as a potential restraint in the casino gaming equipment market.
On the contrary, over the previous decade, there has been a tremendous growth and innovation in the field of casino gaming, which is anticipated to keep growing. Manufacturers are developing innovative products to provide consumers around the world with new ways to enjoy themselves and add value to their daily lives. Hence, higher efficiency through product innovation can be regarded to create growth avenues in the casino gaming equipment market.
Owing to the spread of COVID 19, the demand for casino gaming equipment has been negatively affected. The pandemic resulted in significant reduction in capital spending by customers and lower gaming operations revenue, owing to venue closures and social distancing measures from March 2020. Furthermore, the outbreak also caused supply chain slowdown and product delivery delays as well as closures of casinos on a global scale, hence impacting the business.
According to the casino gaming equipment market analysis, the market is segmented on the basis of product type, installation, mode of operation, and region. By product type, it is classified into slot machines, video lottery terminal, video poker machines, and others. By installation, it is categorized into installed inside casino and installed outside casino. By mode of operation, it is bifurcated into floor mounted and portable. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the casino gaming equipment market include Playags, Inc., Incredible Technologies, Inc., International Game Technology Plc, Everi Holdings Inc., Aristocrat Leisure Ltd., Euro Games Technology Ltd., Gamebridge Casino Equipment, Jackpot Digital Inc, Matsui Gaming Machine Co., Ltd. and The Novomatic Ag Group.
The commercial casino industry has seen significant growth over last few decades. This has been primarily driven by several factors including product innovation, rise in consumer spending, and increase in casino establishments. Over years, manufacturers have laid high emphasis on new product development as a means to increase consumer experience and to sustain competition. There has been a transition from traditional casino tables to electronic gaming tables. Moreover, with rise in disposable income and consumer spending on entertainment activities, consumer visits to casinos have increased in recent past. In addition, governments in several countries have liberalized regulations related to casinos. This has enabled to expand casino establishments, which drives demand for the equipment. However, several manufactures are highly reliant on third-party suppliers and vendors for delivering parts, equipment, and services. Any failure of these third parties to meet their delivery commitments could result in subsequent loss, and affect customer orders. This loss can have an adverse effect on results of operations, cash flows, and financial condition. Hence, it can be regarded as a potential restraint in the casino gaming equipment market.
On the contrary, over the previous decade, there has been a tremendous growth and innovation in the field of casino gaming, which is anticipated to keep growing. Manufacturers are developing innovative products to provide consumers around the world with new ways to enjoy themselves and add value to their daily lives. Hence, higher efficiency through product innovation can be regarded to create growth avenues in the casino gaming equipment market.
Owing to the spread of COVID 19, the demand for casino gaming equipment has been negatively affected. The pandemic resulted in significant reduction in capital spending by customers and lower gaming operations revenue, owing to venue closures and social distancing measures from March 2020. Furthermore, the outbreak also caused supply chain slowdown and product delivery delays as well as closures of casinos on a global scale, hence impacting the business.
According to the casino gaming equipment market analysis, the market is segmented on the basis of product type, installation, mode of operation, and region. By product type, it is classified into slot machines, video lottery terminal, video poker machines, and others. By installation, it is categorized into installed inside casino and installed outside casino. By mode of operation, it is bifurcated into floor mounted and portable. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the casino gaming equipment market include Playags, Inc., Incredible Technologies, Inc., International Game Technology Plc, Everi Holdings Inc., Aristocrat Leisure Ltd., Euro Games Technology Ltd., Gamebridge Casino Equipment, Jackpot Digital Inc, Matsui Gaming Machine Co., Ltd. and The Novomatic Ag Group.
Key Benefits for Stakeholders
- The report provides a quantitative analysis of the current casino gaming equipment market trends, estimations, and dynamics of the market size from 2021 to 2027 to identify the prevailing opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis and the market size and segmentation assists in determining the prevailing Casino gaming equipment market opportunities.
- The major countries in each region are mapped according to their revenue contribution to the market.
- The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the casino gaming equipment industry.
KEY MARKET SEGMENTS
By Product Type
- Slot Machine
- Video Lottery Terminal
- Video Poker Machine
- Others
By Installation
- Installed Inside Casino
- Installed Outside Casino
By Distribution Channel
- Floor Mounted
- Portable
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- New Zealand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- Peru
- Rest of LAMEA
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Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Casino Gaming Equipment Market, by Product Type
Chapter 5: Casino Gaming Equipment Market, by Installation
Chapter 6: Casino Gaming Equipment Market, by Mode of Operation
Chapter 7: Casino Gaming Equipment Market, by Region
List of Tables
List of Figures
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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