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
- BANDAI NAMCO Amusement America Inc.
- Adrenaline Amusements
- Dream Arcades
- UNIS Technology Ltd.
- Arcade Headquarters
- TouchMagix Media Pvt. Ltd.
- NM Amusement
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Global Arcade Cabinet Market – Research Scope
Global Arcade Cabinet Market, by Cabinet Type
- Upright/Standard Cabinets
- Cocktail/Table Cabinets
- Cabaret/ Mini Cabinets
- Candy Cabinets
- Showpiece Cabinets
- Deluxe Cabinets
- Cockpit / Environmental Cabinets
- Other (Countertop / Tabletop Cabinets etc.)
Global Arcade Cabinet Market, by Price Category
Global Arcade Cabinet Market, by End-use
- Amusement Arcade
- Gaming Zones
- Family Entertainment Center (FEC)
- Others/Public Venues
Global Arcade Cabinet Market, by Distribution Channel
Global Arcade Cabinet Market, by Region
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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