Research Methodology – Casino Gaming Equipment Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Casino Gaming Equipment Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Casino Gaming Equipment Market is developed by integrating key market indicators and macroeconomic variables. These include:
1 Factors considered while calculating market size and share:
- Existing competitive landscape with key player market shares
- Demand and supply dynamics in different geographical regions
- Consumer preferences and spending patterns on casino gaming equipment
- Current penetration of casino gaming equipment in the target market
- Legal and regulatory aspects related to the casino gaming industry
- Technological advancements and innovations in casino gaming equipment
- Economic status and disposable income of consumers
- Market growth rate and projection for the future
2 Key Market Indicators:
- The overall global casino gaming industry gross gaming yield
- Number of casinos present in different markets
- Market size of online and offline casinos
- Number of casino gaming machines and tables sold per year
- Consumer spending on casino gaming activities
- Number of high-net-worth individuals investing in casino gaming
3 Growth Trends:
- Increasing legalization and acceptance of gambling activities globally
- High consumer shift towards online and mobile casino gaming platforms
- Rising incorporation of technology, such as AI and IoT in casino gaming equipment
- Increasing focus on creating immersive gaming experiences through Virtual Reality and Augmented Reality technologies
- Growth of casino tourism, especially in regions like Asia-Pacific
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Casino Gaming Equipment Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Casino Gaming Equipment Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights