DUBLIN–(BUSINESS WIRE)–The “Casino Gaming Equipment: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Casino Gaming Equipment Market to Reach $17.8 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Casino Gaming Equipment estimated at US$12.5 Billion in the year 2020, is projected to reach a revised size of US$17.8 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027.
Casino Tables, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$5.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Slot Machines segment is readjusted to a revised 4.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $3.4 Billion, While China is Forecast to Grow at 8.6% CAGR
The Casino Gaming Equipment market in the U.S. is estimated at US$3.4 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2027 trailing a CAGR of 8.6% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is…