The industry is comprised of gaming machine manufacturers, which account for the majority of industry revenue, and vending machine manufacturers. Over the past five years, domestic gaming machine manufacturing has been steadily offshored as industry firms have sought growth opportunities beyond the highly regulated local market. Meanwhile, vending machine manufacturers have struggled to compete against cheaper imports from foreign competitors with lower wage and operational costs. These factors are expected to keep industry growth slow, with a projected annualised growth of 0.6% over the five years through 2015-16, to $383.9 million.
Companies in this industry primarily manufacture gaming and vending machines. Gaming machines allow people to wager money on a game of chance that offers a potential return greater than the amount originally bet. Vending machines refer to automated machines that dispense various packaged goods for coin, cash or credit card.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.