Global casino gaming equipment manufacturers Market Size, Share & Review 2024

Posted by Monica nerkar on February 4th, 2020

The growing concern for safety towards labors is expected to surge the global casino gaming equipment manufacturers market, states Market Research Future (MRFR). MRFR reveals that the global casino gaming equipment manufacturers market is poised to expand with a CAGR of 8.2% over the forecast period (2019–2024). In 2019, the market valued USD 3,345.3 million. MRFR mentions that the global casino gaming equipment manufacturers market can touch a valuation of USD 5,290.1 million by 2024.

Industry News

August 2019

Students from the University of New South Wales (UNSW) University, a public research university in Australia won UNSW Maker Games competition. They designed a virtual reality system that could enable workers to shut down dangerous machinery in industrial plants.

Market Insights

The robust execution of stringent government norms regarding workers safety, across the world, is expected to impel the casino gaming equipment manufacturers market growth. The mining, the chemical, the oil and gas, and the pharmaceutical industries are some of the high end-users of the casino gaming equipment manufacturers solutions. The increase in research and developmental activities in these industries is expected to gain momentum for the global casino gaming equipment manufacturers market. Technical advancements such as Internet of Things (IoT) and Artificial Intelligence (AI) are enhancing the effectiveness of casino gaming equipment manufacturers solutions. These upgradations are likely to gain traction for the casino gaming equipment manufacturers market. The need for proper maintenance of industrial equipment and machinery is also likely to surge the global casino gaming equipment manufacturers market growth.

Despite the presence of such strong drivers, lack of certified personnel in safety measures can interfere the expansion of the global casino gaming equipment manufacturers market.

Segmental Overview

The casino gaming equipment manufacturers market study has been segmented based on type, vertical, and component.

Based on the type, the global casino gaming equipment manufacturers market has been segmented into fire & gas monitoring systems, emergency shutdown systems (ESD), high integrity pressure protection systems (HIPPS), turbomachinery control (TMC), burner management systems (BMS), and others.

Based on the component, the global casino gaming equipment manufacturers market has been segmented into safety sensors, safety controllers/module/relays, programmable safety systems, emergency stop devices, safety valves, safety switches, and others.

Based on the vertical, the global casino gaming equipment manufacturers market has been segmented into chemicals, refining, pharmaceutical, oil and gas, metal & mining, paper & pulp, water & wastewater, manufacturing, energy & power, and others. 

Regional Outlook

Based on the region, the casino gaming equipment manufacturers market has been analyzed across North America, Asia-Pacific, Europe, and the Rest of the World (RoW).

North America is anticipated to secure the largest share of the global casino gaming equipment manufacturers market growth. The existence of well-established industries in North America and the growing concern regarding the safety of workers are likely to intensify the growth of the regional market. Robust adoption of casino gaming equipment manufacturers solutions is one of the crucial aspects of the fourth industrial revolution, which is anticipated to boost the North American casino gaming equipment manufacturers market growth. In the Asia Pacific region, the stringent safety measures taken by the government is expected to surge the regional casino gaming equipment manufacturers market growth. Additionally, rapid industrialization in Asia Pacific region to encourage the casino gaming equipment manufacturers market growth. The growing need for availing effective manufacturing solutions to workers in the APAC is anticipated to drive the casino gaming equipment manufacturers market growth.

Key Players

MRFR listed some renowned companies, which are functional in the global casino gaming equipment manufacturers market. They are; Johnson Controls (Ireland), TUSKER casino gaming equipment manufacturers (UK), DuPont (US), Eaton PLC (Ireland), 3M (US), Ceasefire (India), Panduit (US), GENERAL ELECTRIC (US), W.W. Grainger, Inc. (US), Yokogawa Electric Corp. (Japan), Proserv Ingenious Simplicity (UK), Schneider Electric SE (France), Rockwell Automation, Inc. (US), Euchner (Germany),  Honeywell International, Inc. (US), Emerson Electric Co. (US), Balluff (US), Hima Paul Hildebrandt GmbH (US), Fortress Interlocks (UK), ABB Ltd (Switzerland), Omron Corporation (Japan), and Siemens AG (Germany),

Browse Complete Report "casino gaming equipment manufacturers Market Research Report - Global Forecast till 2024" @ https://www.marketresearchfuture.com/reports/industrial-safety-market-7965