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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the casino gaming equipment market and it is poised to grow by $ 43.3 bn during 2020-2024, progressing at a CAGR of about 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

What are the major trends in the market?
Liberal regulations introduced by several governments is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 9.70% and the incremental growth of the market is anticipated to be $ 43.3 bn.
Who are the top players in the market?
Ainsworth Game Technology Ltd., AMATIC Industries GmbH, APEX pro gaming a s, Aristocrat Leisure Ltd., Eclipse Gaming Systems LLC, International Game Technology PLC, Konami Holdings Corp., Novomatic AG, Scientific Games Corp., and Universal Entertainment Corp., are some of the major market participants.
What is the key market driver?
The expansion of casinos is one of the major factors driving the market.
How big is the APAC market?
The APAC region will contribute 37% of the market share.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Ainsworth Game Technology Ltd., AMATIC Industries GmbH, APEX pro gaming a s, Aristocrat Leisure Ltd., Eclipse Gaming Systems LLC, International Game Technology PLC, Konami Holdings Corp., Novomatic AG, Scientific Games Corp., and Universal Entertainment Corp. are some of the major market participants. The expansion of casinos will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

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Casino Gaming Equipment Market 2020-2024: Segmentation

Casino Gaming Equipment Market is segmented as below:

Type
- Casino Tables
- Slot Machines
- Gaming Chips
- Video Poker Machines
- Others
Geography
- North America
- APAC
- Europe
- South America
- MEA

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Casino Gaming Equipment Market 2020-2024: Scope

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Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The casino gaming equipment market report covers the following areas:

Casino Gaming Equipment Market Size
Casino Gaming Equipment Market Trends
Casino Gaming Equipment Market Industry Analysis

This study identifies liberal regulations introduced by several governments as one of the prime reasons driving the casino gaming equipment market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Casino Gaming Equipment Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist casino gaming equipment market growth during the next five years
Estimation of the casino gaming equipment market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the casino gaming equipment market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of casino gaming equipment market vendors

Table of Contents:

Executive Summary

Market Landscape

Market ecosystem

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Type

Market segments
Comparison by Type
Casino tables - Market size and forecast 2019-2024
Slot machines - Market size and forecast 2019-2024
Gaming chips - Market size and forecast 2019-2024
Video poker machines - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Type

Customer Landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume driver - Demand led growth
Market challenges
Market trends

Vendor Landscape

Vendor landscape
Landscape disruption
Competitive scenario

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Vendor Analysis

Vendors covered
Market positioning of vendors
Ainsworth Game Technology Ltd.
AMATIC Industrie