Arcade Cabinet Market: Anticipated To Experience Extraordinary Growth During Forecast Period 2020 - 2030

 

Global Arcade Cabinet Market – Introduction

  • An arcade cabinet is a coin-operated machine mostly installed in public places such as shopping malls, gaming zones, family entertainment centers, and amusement arcades. Arcade cabinets are very popular among youngsters and teenagers. Upright and table cabinets are common in countries of North America and Europe. These cabinets are available in different sizes, shapes, and with colorful graphic designs etc. Arcade cabinets are also known as arcade machines. Home arcade gaming has revolutionized the business of arcade cabinets. Manufacturing companies are also providing customized arcade cabinets to their customers as per requirement.

Increase in installation of small size residential arcade cabinets projected to be a driving factor for the market

  • Rapid increase in demand for arcade cabinets especially from youngsters and teenagers has increased the sale of arcade cabinets in recent years. Rise in installation of residential arcade cabinets in developed economies such as the U.S., and Canada is projected to be a major driving factor of the arcade cabinet market during the forecast period.
  • Changing lifestyle, rise in disposable income, and rapid increase in overall consumer spending on gaming and other recreational activities in developing countries such as China, India, and Australia is also considered a significant reason projected to drive the demand for arcade cabinets in the near future.

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Rise in number of amusement arcades, gaming zones, and family entertainment centers anticipated to create new opportunities for the arcade cabinet market

  • Increase in number of amusement arcades, gaming zones, and family entertainment centers in developing countries across the globe is anticipated to create huge opportunities for manufacturers and distributors of arcade cabinets in the coming years. Manufacturers and suppliers also offer attractive discounts and exclusive offers and schemes to customers who place orders for different types of arcade cabinets.

North America Considered to be the Largest Market for Arcade Cabinets

  • Geographically, the global arcade cabinet market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America accounted for major share of the global arcade cabinet market in 2019. The market in North America is anticipated to grow at a moderate rate during the forecast period due to rising demand for residential arcade cabinets especially in the U.S., and Canada, which is projected to increase the overall sales of arcade cabinets in the near future.
  • The market in Asia Pacific is anticipated to expand at a significant growth rate during the forecast period due to increase in number of amusement arcades and gaming zones etc. in China, India, Japan, Singapore, Australia, and other Southeast Asian countries. These factors are projected to surge the demand for arcade cabinets in the Asia Pacific region.

Key Players Operating in the Arcade Cabinet Market

Prominent arcade cabinet manufacturing companies are likely to face healthy competition during the forecasted timeline. Companies such as PrimeTime Amusements, Arcooda, and Extreme Home Arcades LLC are also indulging in mergers & acquisitions or signing agreements with regional distributors and dealers to expand their business in various parts of the globe. Some of the key players operating in the global arcade cabinet market include:

  • PrimeTime Amusements
  • Extreme Home Arcades LLC
  • Arcooda
  • BANDAI NAMCO Amusement America Inc.

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