Request SampleGlobal Slot Machines Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028
SKU ID : Maia-24578866 | Publishing Date : 09-Aug-2023 | No. of pages : 101
According to the latest research, the global Slot Machines market size was valued at USD 2515.41 million in 2022 and is expected to expand at a CAGR of 8.6% during the forecast period, reaching USD 4126.55 million by 2028.
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.
COVID-19 and the rapid growth of online gambling
The outbreak of COVID-19 is limiting the gambling market in 2020 as governments impose worldwide embargoes and restrict domestic and international travel, thereby limiting the demand for the services offered at these venues. During the COVID-19 pandemic in 2020, all slot machine establishments in Australia were shut down to curb the spread of the virus. Effectively reducing the use of slot machines in Australia to zero.
One of the important downstream industries, the presence and operation of casinos has a huge impact on slot machines. Trends in domestic and international tourism are critical to casino operators, as visitors are an important source of demand for gaming and accommodation. Trends in high-end tourism are particularly important, as high-net-worth visitors account for a significant portion of industry revenue. Demand for casinos typically increases as visitor occupancy increases, providing opportunities for casino operators. And travel ban restrictions prevent overseas visitors from entering areas where slot machines are legal.
On the other hand, the casino industry is very sensitive to changes in household disposable income. Increases in discretionary income typically allow patrons to spend more money on non-essential activities such as slot machines, which has had a positive impact on industry operators. The decline in real household disposable income also reduced player spending on slot machines as the economic impact of the COVID-19 outbreak led to higher unemployment.
Growth Opportunities Analysis
Emerging Markets
Those emerging markets, include Asia and Africa, with the progress of economy, the continuous growth of the gaming industry, the improvement of laws and regulations, the demand for slot machines has also expanded, the market of slot machines have great market potential in those emerging markets. The diversity of business opportunities in Asia has been growing for the past few years, but the significant trends that would define the industry perspectives for the future would include the multi-channel betting solutions for players. In line with this, operators are searching for complete solutions and collaboration with leading suppliers, whose added value can bring leading technologies, experiences and high-end standards implemented into the business approach.
Market Growth Drivers
Regulatory compliance
Ease of government regulations is one of the crucial driving factors for the growth of the slot machines market. Europe, Australia, USA and Japan are the main markets for slot machines. The main reason for the development of these markets is the legitimacy of slot machines in these regions. Slot machines are one of the major revenue contributors to any country despite stringent government regulations across the globe. Employment opportunities coupled with communal welfare funding is anticipated to propel the demand for slot machines. Increasing tax revenues generated from slot machines is a key driving factor for the legalization of online gambling. Government initiatives to verify and check the legality of vendors and offer fair opportunities to other market players is expected to drive the growth potential of the slot machine market.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
Aristocrat is one of the major players operating in the Slot Machines market, holding a share of 21.41% in 2022.
Aristocrat
Aristocrat, together with its subsidiaries, engages in the development, assembly, sale, distribution, and servicing of games and systems in the Americas, Australia, New Zealand, and internationally. The company offers gaming content; and platforms and systems, including electronic gaming machines, digital social games, and casino management systems, as well as social web and mobile gaming services. It also provides cabinets and gaming products.
Scientific Games
Scientific Games is a leading innovator in the global lottery and regulated gaming industries. Beginning with the breakthrough technology that launched the world’s very first secure instant lottery game in 1974, the company has continued to advance the games, technology, programs, marketing research and security that have been a driving force behind the success of more than 300 customers on six continents over the last 40 years.
Segmentation Overview:
By type, Video Reel segment accounted for the largest share of market in 2021.
Video Reel
A video reel slot machine operates on the same principle as the reel machine, except the reels are displayed via a video screen. Bonus screens are also featured which allow players to increase winnings by participating in an animated bonus round. Players can press buttons or simply touch the screen to initiate play.
Mechanical Reel
Mechanical reel slots play host to a physical reel that spins. With the unending technological advances, video reel slots have recently become a bit more popular than mechanical reel slots.
Video Poker
Video poker is poker played on slot machines. Unlike other slot machines based simply on the luck of the spin, Video Poker incorporates skill, players having a chance to make decisions and control the results.
Application Overview:
By application, the Replacement segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Slot Machines industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Slot Machines. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Slot Machines Market Report Include:
Market Size Estimates: Slot Machines market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Slot Machines market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Slot Machines market
Segment Market Analysis: Slot Machines market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Slot Machines market situations and prospects in major and top regions and countries
Slot Machines Market
Slot Machines Industry Chain: Slot Machines market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Slot Machines Industry News, Policies by regions
Slot Machines Industry Porters Five Forces Analysis
Key players in the global Slot Machines market are covered in Chapter 2:
Scientific Games
International Game Technology (IGT)
Konami Gaming
Everi
Incredible Technologies
PlayAGS
Zitro Games
Merkur Gaming
Aristocrat
Ainsworth Game Technology
Euro Games Technology (EGT)
Grand Vision Gaming
Universal Entertainment
Novomatic
In Chapter 6 and Chapter 9, on the basis of types, the Slot Machines market from 2018 to 2028 is primarily split into:
Video Reel
Mechanical Reel
Video Poker
Multi-determination Slot Machines
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Slot Machines market from 2018 to 2028 covers:
New/ expansion
Replacement
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Slot Machines market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Slot Machines industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Slot Machines market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Slot Machines industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Slot Machines market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Slot Machines market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Slot Machines market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
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.
COVID-19 and the rapid growth of online gambling
The outbreak of COVID-19 is limiting the gambling market in 2020 as governments impose worldwide embargoes and restrict domestic and international travel, thereby limiting the demand for the services offered at these venues. During the COVID-19 pandemic in 2020, all slot machine establishments in Australia were shut down to curb the spread of the virus. Effectively reducing the use of slot machines in Australia to zero.
One of the important downstream industries, the presence and operation of casinos has a huge impact on slot machines. Trends in domestic and international tourism are critical to casino operators, as visitors are an important source of demand for gaming and accommodation. Trends in high-end tourism are particularly important, as high-net-worth visitors account for a significant portion of industry revenue. Demand for casinos typically increases as visitor occupancy increases, providing opportunities for casino operators. And travel ban restrictions prevent overseas visitors from entering areas where slot machines are legal.
On the other hand, the casino industry is very sensitive to changes in household disposable income. Increases in discretionary income typically allow patrons to spend more money on non-essential activities such as slot machines, which has had a positive impact on industry operators. The decline in real household disposable income also reduced player spending on slot machines as the economic impact of the COVID-19 outbreak led to higher unemployment.
Growth Opportunities Analysis
Emerging Markets
Those emerging markets, include Asia and Africa, with the progress of economy, the continuous growth of the gaming industry, the improvement of laws and regulations, the demand for slot machines has also expanded, the market of slot machines have great market potential in those emerging markets. The diversity of business opportunities in Asia has been growing for the past few years, but the significant trends that would define the industry perspectives for the future would include the multi-channel betting solutions for players. In line with this, operators are searching for complete solutions and collaboration with leading suppliers, whose added value can bring leading technologies, experiences and high-end standards implemented into the business approach.
Market Growth Drivers
Regulatory compliance
Ease of government regulations is one of the crucial driving factors for the growth of the slot machines market. Europe, Australia, USA and Japan are the main markets for slot machines. The main reason for the development of these markets is the legitimacy of slot machines in these regions. Slot machines are one of the major revenue contributors to any country despite stringent government regulations across the globe. Employment opportunities coupled with communal welfare funding is anticipated to propel the demand for slot machines. Increasing tax revenues generated from slot machines is a key driving factor for the legalization of online gambling. Government initiatives to verify and check the legality of vendors and offer fair opportunities to other market players is expected to drive the growth potential of the slot machine market.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
Aristocrat is one of the major players operating in the Slot Machines market, holding a share of 21.41% in 2022.
Aristocrat
Aristocrat, together with its subsidiaries, engages in the development, assembly, sale, distribution, and servicing of games and systems in the Americas, Australia, New Zealand, and internationally. The company offers gaming content; and platforms and systems, including electronic gaming machines, digital social games, and casino management systems, as well as social web and mobile gaming services. It also provides cabinets and gaming products.
Scientific Games
Scientific Games is a leading innovator in the global lottery and regulated gaming industries. Beginning with the breakthrough technology that launched the world’s very first secure instant lottery game in 1974, the company has continued to advance the games, technology, programs, marketing research and security that have been a driving force behind the success of more than 300 customers on six continents over the last 40 years.
Segmentation Overview:
By type, Video Reel segment accounted for the largest share of market in 2021.
Video Reel
A video reel slot machine operates on the same principle as the reel machine, except the reels are displayed via a video screen. Bonus screens are also featured which allow players to increase winnings by participating in an animated bonus round. Players can press buttons or simply touch the screen to initiate play.
Mechanical Reel
Mechanical reel slots play host to a physical reel that spins. With the unending technological advances, video reel slots have recently become a bit more popular than mechanical reel slots.
Video Poker
Video poker is poker played on slot machines. Unlike other slot machines based simply on the luck of the spin, Video Poker incorporates skill, players having a chance to make decisions and control the results.
Application Overview:
By application, the Replacement segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Slot Machines industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Slot Machines. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Slot Machines Market Report Include:
Market Size Estimates: Slot Machines market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Slot Machines market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Slot Machines market
Segment Market Analysis: Slot Machines market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Slot Machines market situations and prospects in major and top regions and countries
Slot Machines Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Slot Machines Industry Chain: Slot Machines market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Slot Machines Industry News, Policies by regions
Slot Machines Industry Porters Five Forces Analysis
Key players in the global Slot Machines market are covered in Chapter 2:
Scientific Games
International Game Technology (IGT)
Konami Gaming
Everi
Incredible Technologies
PlayAGS
Zitro Games
Merkur Gaming
Aristocrat
Ainsworth Game Technology
Euro Games Technology (EGT)
Grand Vision Gaming
Universal Entertainment
Novomatic
In Chapter 6 and Chapter 9, on the basis of types, the Slot Machines market from 2018 to 2028 is primarily split into:
Video Reel
Mechanical Reel
Video Poker
Multi-determination Slot Machines
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Slot Machines market from 2018 to 2028 covers:
New/ expansion
Replacement
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Slot Machines market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Slot Machines industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Slot Machines market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Slot Machines industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Slot Machines market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Slot Machines market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Slot Machines market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
24/7 Research Support
Phone: +1 (888) 690-5999 
