Press release
Amusement Parks Market to reach USD 10.33 Bn by 2029, emerging at a CAGR of 6.2 percent and forecast 2023-2029
Amusement Parks Market
The global Amusement Parks Market was valued at US$ 67.86 Bn. in 2022, with a projected CAGR of 6.2% from 2023 to 2029, reaching nearly US$ 10.33 Bn.
Maximize Market Research Pvt Ltd, a leading market research firm, has released an extensive report on the Amusement Parks Market. The report delves into key segments, including Rides, Age, and Revenue Source. Regional insights cover North America, Asia Pacific, Europe, Middle East & Africa, and South America. The comprehensive analysis includes market dynamics, drivers, restraints, and investment recommendations.
The report employs a robust research methodology, combining qualitative and quantitative approaches. In-depth analysis of leading industry participants and regions is provided, utilizing data from 2018 to 2022.
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Amusement Parks Market Dynamics:
The impact of the IoT revolution is evident in the operational transformations within amusement parks. This technology plays a crucial role in event tracking, monitoring, and crowd control. Moreover, the IoT wristband serves as a multifunctional device, akin to a passport, facilitating credit card transactions and serving as a visitor's admission ticket. In educational theme parks equipped with IoT sensors, parents can conveniently monitor their children's whereabouts in real-time. Collectively, these advancements contribute to a growing demand for amusement parks.
In theme parks, the traditional process of users manually submitting information, whether in written or electronic form, to a state agency is eliminated. Instead, user information is readily accessible to individuals operating in a business capacity, including firm owners and officers. This streamlined approach enhances efficiency and data accessibility, marking a departure from the conventional methods of information submission in theme park management.
Amusement Parks Market Regional Insights:
The Amusement Parks Market is poised for dominance in the North American region during the forecast period of 2023-2029, projected to capture the largest market share by 2029. This is attributed to the region's year-round full schedule of events, ranging from festivals to captivating shows. From smaller, independent parks to industry giants such as Universal Studios and Disney resorts, North America boasts a diverse array of amusement offerings.
Thrill-seekers are well catered to, with an abundance of jaw-dropping rides, Frisbee experiences, motion-simulating Spider-Man attractions, and dizzying roller coasters. Noteworthy family-friendly theme parks in North America include Kings Dominion, Canada's Wonderland, Hersheypark, LEGOLAND Florida Resort, and the iconic Disney World.
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Amusement Parks Market Segmentation:
by Rides
Mechanical Rides
Water Rides
Other Rides
by Age
Up to 18 Years
19 to 35 Years
36 to 50 Years
51 to 65 Years
More than 65 Years
by Revenue
Source Ticket
Food & Beverage
Merchandise
Hotels/Resorts
Others
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Amusement Parks Market Key Players:
1. Cedar Fair Entertainment Company
2. The Walt Disney Company
3. Merlin Entertainments
4. SeaWorld Parks & Entertainment
5. Disney Parks and Resorts
6. Universal Studios Theme parks
7. Six Flags Entertainment Corporation
8. OTC Parks China
9. Shanghai Disneyland
10. Tokyo Disneyland
11. Hong Kong Disneyland
12. Ardent Leisure Group
13. Chimelong Group Co. Ltd
14. Comcast Corporation
15. Fantawild Group
Get to Know More About This Market Study:https://www.maximizemarketresearch.com/market-report/amusement-parks-market/18578/
1.Global Amusement Parks Market: Research Methodology
2.Global Amusement Parks Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Amusement Parks Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Contact Maximize Market Research:
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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An amusement park is a park that features various attractions, such as rides and games, as well as other events for entertainment purposes. A theme park is a type of amusement park that bases its structures and attractions around a central theme, often featuring multiple areas with different themes. Unlike temporary and mobile funfairs and carnivals, amusement parks are stationary and built for long-lasting operation.
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