05.01.2017 23:17:00
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Global Casino Gaming Equipment Market 2017-2021
NEW YORK, Jan. 5, 2017 /PRNewswire/ -- About Casino Gaming Equipment
The global casino gaming equipment market is expected to grow at a CAGR of 15.25% during the forecast period. The easing of government regulations related to casino markets is one of the major factors contributing to the growing demand for casino gaming equipment. Many countries, such as Japan, are aiming at legalizing casino gaming because of the growing popularity of gambling and the high revenue contribution from casinos globally. The market growth is also driven by factors such as the increasing middle-class population and rising disposable income. This rise in demand for gambling games is leading to an increase in the construction of new casino centers across the world. For instance, Marina Bay Sands, which opened in April 2010, generated a revenue of $1.06 billion from the casino in 2010 and more than $2.3 billion in 2015.
Technavio's analysts forecast the global casino gaming equipment market to grow at a CAGR of 15.25% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global casino gaming equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of casino gaming equipment.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Technavio's report, Global Casino Gaming Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Aristocrat Leisure
- Novomatic
- Galaxy Entertainment
- GTECH
- Scientific Games
Other prominent vendors
- Amatic Industries
- Ainsworth Game Technology
- APEX Gaming Technology
- Astro Gaming
- Everi Holdings
- Gaming Partners International
- Interblock
- Konami Gaming
- Universal Entertainment
Market driver
- Increasing online sales of casino gaming equipment
- For a full, detailed list, view our report
Market challenge
- Addictive behavior of low-income groups toward gambling
- For a full, detailed list, view our report
Market trend
- Popularity of reconfigurable electronic gaming machines
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Read the full report: http://www.reportlinker.com/p04594228-summary/view-report.html
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-casino-gaming-equipment-market-2017-2021-300386760.html
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