Amusement parks are commercially operated enterprises involved in providing facilities for recreation, amusement and clubs, or leagues, involved in playing games for recreational purposes. These companies operate mechanical rides, water rides, games, and picnic grounds.se are equipped with recreational devices such as ferris wheels, roller coasters, carousals, swings, bumper cars, trains, monorails, sky rides and other forms of entertainment.
Amusement Parks Global Market Size
The global amusement parks market was valued at $48.17 billion in 2017. North America was the largest geographic region accounting for $23.95 billion or 49.72% of the global market. The USA was the largest country accounting for $23.21 billion or 48.18% of the global amusement parks market.
Amusement Parks Market Trend
Amusement parks are increasingly using virtual and augmented reality technology to provide an immersive experience to customers. Virtual reality is a 3D, computer generated environment which can interact with a person, whereas augmented reality turns an environment into a digital interface by placing virtual objects in the real world. Amusement parks are implementing this technology in rides and theater-based attractions. For instance the Weave Breaker coaster brings the reality of jet skiing in an amusement park.
The companies covered are Disney Parks and Resorts, Merlin Entertainment, Universal Studios, Six Flags Entertainment, and Oct parks China.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Amusement Parks Global Market Segmentation
The amusement parks market is segmented into Theme Parks; Water Parks; Arcades And Parlors; Others.
Theme Parks comprises establishments, known as theme parks, primarily engaged in operating a variety of attractions, such as mechanical rides, water rides, games, shows, theme exhibits, refreshment stands, and picnic grounds. These establishments may lease space to others on a concession basis.
Water Parks comprises establishments, known as water parks, primarily engaged in operating a variety of attractions, such as water rides, games, shows, and refreshment stands. These establishments may lease space to others on a concession basis.
Arcades And Parlors comprises establishments primarily engaged in operating amusement (except gambling, billiard, or pool) arcades and parlors.
Others comprises establishments (except amusement parks and arcades; gambling industries; golf courses and country clubs; skiing facilities; marinas; fitness and recreational sports centers; and bowling centers) primarily engaged in providing recreational and amusement services.