The global casino gaming equipment market size was valued at USD 10.78 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2021 to 2028. Several countries around the globe have liberalized the casino concepts, which has resulted in the growing establishment of casinos all around the world. Consumers’ inclination toward playing games at casinos will boost the new establishments of casinos, resulting in the growing demand for casino gaming equipment. The demand for gaming equipment, including slot machines, table games, and casino chips and dices, depends on the capacity of the casino. Many countries are legalizing the casino due to the growing popularity of gambling and high revenue generation. This is expected to boost the growth of the gambling market across the globe. Increased gamblers’ foot fall in casinos for playing various games will generate the demand for various casino gaming equipment.
Increasing disposable income and spending on gambling will drive the market globally. In addition, manufacturing companies are coming up with technologically advanced products to meet the casinos’ increased demand for digital gaming to provide a better gaming experience to the consumers. The presence of a large number of gaming options in the casinos and a wonderful atmosphere will attract the consumers, resulting in accelerating the casino gaming equipment demand. The rising popularity of online casino gaming is expected to restrict the market growth.
The economic slowdown due to the COVID-19 pandemic has had an adverse impact on market growth. The pandemic has negatively impacted the global economy, with a particular impact on the casino gaming industry by disrupting the supply chain. Pandemic has caused a temporary closure of many businesses, including casinos. This has led to a drop in the demand for casino gaming equipment. Changing economic conditions and uncertainty about fully open casinos are also resulting in a drop in the demand for gaming equipment.
Slot machines held the largest share of more than 50.0% in 2020. Easy betting on slot machines and no requirement of prior strategy will make slot machines the easiest choice for newcomers as well as professional gamblers. Every year, many slot machine games come out with appealing themes, which attracts new customers to test the mout. This, in turn, will drive the slot machine segment.
The casino tables segment is projected to expand at the fastest CAGR of 5.4% from 2021 to 2028. Table games at casinos will never get out of the style as they attract a large number of gamblers. The increased popularity of table games among the consumers as they want to try their luck and skills at table games will drive the demand for casino tables. Casino table games include all card games, like blackjack, baccarat, three card poker, craps, and roulette, making the casino a place to play.
The casino segment held the largest share of more than 59.0% in 2020. A majority of casinos present worldwide are land-based casinos and they have a large customer base. These casinos are equipped with all the latest machines and provide a number of perks, which attract a larger number of gamblers. In addition, casinos are introducing a number of new table games and machine games to maintain the gamblers’ engagement.
The cruise and riverboat casino are projected to expand at the fastest CAGR of 5.4% from 2021 to 2028. Consumers’ increased interest in playing casino games while enjoying vacations on the cruise will drive the segment.
North America held the largest share of over 38.0% in 2020. The region consists of a large number of casinos than any other region. The presence of well-established players and peoples’ spending on gambling will drive the regional market in the years to come.
Asia Pacific is projected to expand at the fastest CAGR of 5.3% from 2021 to 2028. The presence of a number of global players in this region, the increased number of casinos, and the rise in the popularity of gambling will boost the market growth in this region.
The market for casino gaming equipment is fragmented due to the presence of a number of global and regional players. The key manufacturers have been strengthening their presence in the market through multiple strategies, including mergers and acquisitions, new product launches, the expansion of distribution channels, and capacity expansion. Manufacturing companies provide a wide range of gaming equipment with the introduction of new games to reinforce their presence in the market.
Australia-based slot machine manufacturing company, Ainsworth Game Technology Ltd. completed the acquisition of a privately held, U.S.-based game developing company called MTD Gaming Inc. The acquisition was completed through a fully-owned U.S.-based subsidiary, Ainsworth Game Technology Inc. Some prominent players in the global casino gaming equipment market include:
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Report Attribute |
Details |
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Market size value in 2021 |
USD 11.10 billion |
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Revenue forecast in 2028 |
USD 15.31billion |
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Growth Rate |
CAGR of 4.7% from 2021 to 2028 |
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Base year for estimation |
2020 |
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Historical data |
2017 - 2019 |
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Forecast period |
2021 - 2028 |
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Quantitative units |
Revenue in USD million/billion and CAGR from 2021 to 2028 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Product type, end user, region |
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Regional scope |
North America; Europe; Asia Pacific; Central & South America; Middle East & Africa |
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Country scope |
U.S.; France; U.K.; China; India; Japan; Brazil; South Africa |
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Key companies profiled |
Ainsworth Game Technology Ltd.; Abbiati Casino Equipment S.r.l.; AMATIC Industries GmbH; APEX pro gaming a.s.; Aristocrat Leisure Ltd.; Aruze Gaming America, Inc.; Eclipse Gaming Systems LLC; Everi Holdings Inc.; Gaming Partners International, Inc.; International Game Technology PLC; Konami Holdings Corp.; Novomatic AG; AGS LLC; Scientific Games Corp.; Universal Entertainment Corp. |
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Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2028. For the purpose of this study, Million Insights has segmented the global casino gaming equipment market report on the basis of product type, end user, and region:
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