Slot Machines Market to Expand at a CAGR of 5.5% by 2024

Slot Machines Market 2019-2024

Slot machines are casino gambling machines with three or more reels which spin when a button is pushed. Slot machines are also known as one-armed bandits because they were originally operated by one lever on the side of the machine as opposed to a button on the front panel, and because of their ability to leave the player in debt and impoverished

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First, for industry structure analysis, the Slot Machine industry is relatively concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 70% of the revenue market. Regionally, North America is the biggest market slot machines.

Second, North America occupied 41.56% of the consumption market in 2016. It is followed by Europe and Japan, which respectively have around 19.52% and 9.21% of the global total industry. Other countries have a small amount of consumption.

Third, for price trend analysis, a key variable in the performance of Slot Machine producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

According to this study, over the next five years the Slot Machines market will register a 5.5% CAGR in terms of revenue, the global market size will reach US$ 4450 million by 2024, from US$ 3230 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Slot Machines business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Slot Machines market by product type, application, key manufacturers and key regions and countries.

This study considers the Slot Machines value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Reel Slot Machine
Video Slot Machine
Multi-denomination Slot Machine
Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

New/ expansion
Replacement

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

America
APAC
Europe
Middle East & Africa

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Scientific Games
IGT
Aristocrat Leisure
Novomatic
Konami Gaming
Ainsworth Game Technology
Multimedia Games
Universal Entertainment

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Slot Machines consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Slot Machines market by identifying its various subsegments.
Focuses on the key global Slot Machines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Slot Machines with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Slot Machines submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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