PUBLISHER: KBV Research | PRODUCT CODE: 1709866
PUBLISHER: KBV Research | PRODUCT CODE: 1709866
The North America Amusement Machine Market would witness market growth of 9.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Amusement Machine Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8,851 million by 2031. The Canada market is experiencing a witness a CAGR of 12.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a witness a CAGR of 11.1% during (2024 - 2031).
This market is a vibrant and evolving sector within the entertainment industry, captivating audiences with its blend of nostalgia, technological innovation, and immersive experiences. According to the Nanshan Government Online, the overall annual attendance of the top 10 theme parks in the world in 2023 has increased significantly by 30% year on year, reaching 512 million.
The applications are as varied as the audiences they serve, spanning a wide range of settings and purposes. At their core, these machines are designed to entertain, offering users an escape into worlds of fantasy, competition, and skill-based challenges. In amusement and theme parks, mechanical rides and interactive arcade games form the backbone of visitor experiences, providing adrenaline-pumping thrills alongside family-friendly fun.
The market in North America is experiencing significant growth, driven by rising industry revenues, increasing household wealth, and expanding digital connectivity. The USA's booming amusement and recreation sector, Canada's high household net worth, and Mexico's expanding internet penetration collectively contribute to a strong market for amusement machines in entertainment centers, malls, and public spaces. The USA's amusements, gambling, and recreation industries generated $236.8 billion in output in 2023, a 74% increase from 2020. Additionally, amusement and theme parks grew by 43% between 2013 and 2023, with 66 new establishments added in 2023 alone. This rapid expansion highlights a rising demand for amusement machines, including arcade games, virtual reality (VR) entertainment, and automated gaming kiosks. As more theme parks and recreational centers open nationwide, investments in interactive and immersive amusement technology are expected to rise, further fuelling market growth. Thus, the market in North America is thriving due to economic growth, rising household wealth, and increasing digital connectivity.
Based on Application, the market is segmented into Indoor Specialty Centers, Amusement & Recreational Theme Park, Game Centers, Hotel & Bars, and Other Application. Based on Game Type, the market is segmented into Indoor Go-Karts, Simulation & AR-VR Games, Redemption Games, Video Games, Electro-Mechanical Games, Claw Machine Games, Photo Booths, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Amusement Machine Market Report Segmentation
By Application
By Game Type
By Country