Industry Analysis & Industry Trends
The industry has rebounded over the past five years, despite contracting at the beginning of the period, driven by rising export revenue, which has been supported by the reputation and quality advantages of UK manufacturers. Meanwhile, domestic demand conditions improved, aided by rebounding economic conditions and the expansion in the population aged 10 and under. Gambling and betting firms also reaped the benefits of favourable conditions during many years, which positively influenced demand for some professional games. Nevertheless, rising import competition has limited the benefits of improved domestic demand. Foreign-made toys and games proved to be tough competition for UK-manufactured goods. Industry revenue is expected to increase at a compound annual rate of 1.3%... purchase to read more
Industry Report - Industry Products Chapter
Professional and arcade games
Expected to account for 44.1% of industry revenue in 2016-17, the professional and arcade game segment includes coin-operated games, snooker tables, special tables for casino games, gaming machines and games for funfairs. Demand for professional games has increased during the past five years, as gambling and betting firms enjoyed favourable trading conditions during many years. However, the growing popularity of game consoles has adversely influenced demand for arcade games, and the number of game arcades has declined as a consequence. Strong import competition has also adversely influenced this segment's performance. As a result, the segment's share of revenue has declined marginally during the past five years.
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