Report ID: CMR147634 | SKU: CMR147634 | Edition: 7th Global Edition
| The base year for the calculation is 2023 and 2018 to 2023 will be historical period. The year 2023 will be estimated one while the forecasted data will be from year 2023 to 2028. When we deliver the report that time we updated report data till the purchase date. PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access. |
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"Global Ferris Wheel market size 2023 was XX Million. Ferris Wheel Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030."
Base Year | 2023 |
Historical Data Time Period | 2018-2023 |
Forecast Period | 2023-2030 |
Ferris Wheel Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Ferris wheel is a large amusement ride consisting of a rotating upright wheel with passenger cabins or gondolas attached to the rim. The wheel is constructed with a steel frame and revolves around a central axis. Passengers aboard the cabins, which are enclosed and can accommodate multiple people, then enjoy a panoramic view as the wheel rotates. In addition, the Ferris wheel become a major attraction at amusement parks, fairs, and tourist destinations worldwide. The name Ferris wheel came after its inventor, Pittsburgh bridge builder George Washington Gale Ferris Jr. who built the first such wheel. He is the maker of Chicago Wheel that is the first examples constructed for Chicago's World's Columbian Exposition in 1893.
The operation of a Ferris wheel involves a motor that rotates the wheel at a controlled speed. The wheel moves in a circular motion, offering passengers a slow and smooth ride that allows them to enjoy the surrounding scenery from an elevated position. As the wheel rotates, passengers have the opportunity to see the landscape, cityscape providing a unique and breathtaking experience.
Increasing number of amusement and theme parks
The growing number of amusement and theme parks is a key driving factor for the growth of the Ferris wheel market. Ferris wheels are becoming increasingly popular globally from the London Eye to Las Vegas' High Roller. As these attractions offer a unique experience in amusement park rides. The rise of popular culture around the world is the main factor behind the demand for theme park tourism. Theme parks around the world have major themes such as multiple movie series, movie universes, global hit shows, and animated series that attract millions of visitors each year. For example, in 2021, the United States’ Magic Kingdom (Walt Disney World) was visited by more than 12 million people, making it the most visited amusement park internationally.
Merchandisers also benefit greatly from the popularity of pop culture, as customers are willing to spend big on accessories, clothing, toys, theme park rides, and other items. Theme Park companies are now prioritizing working with pop franchises and content creators to attract as many customers as possible. In addition, observation wheels have gained popularity among people due to their unique experience than average carnival rides. The recent technological advances in the amusement park market, playing an important role in the growing demand for amusement park experiences.
Theme parks often update, and add new attractions and activities to get the best experience the panoramic view of the entire surroundings from different elevations and positions. Companies have made significant capital investments to keep their rides and other activities fully viable. The Ferris wheel provides a spectacular view of the surrounding theme parks. For example, in 2017, the Sky Dream opened at the Lihpao Land theme park, Taichung in Taiwan. It can hold a total of 60 passenger cars as each capsule on the ride can accommodate up to 8 people.
Theme Park operators are now using new technologies, processes, and improved security standards. In recent years there has been a lot of interest and investment in the fields of Virtual Reality (VR) and Augmented Reality (AR). Therefore, the Ferris wheel is driving the attention of riders, where they can immerse in a fully adventurous and thrilling experience. For example, global companies in entertainment parks and attractions like Universal Studios, Disney, and Ripley Entertainment are focusing on huge investments in India considering the major potential in this region. For example, in 2021, Disney Parks and Resorts was the leading theme park company globally in terms of revenue. All these factors are influencing the growth of the Ferris wheel market.
Ferris wheels are subject to strict safety regulations and compliance standards. Safety is of utmost importance in amusement rides including Ferris wheels, to ensure the security of riders. The implementation of stringent safety regulations can be a restraining factor for the Ferris wheel market due to the reasons such as increased compliance costs and strict standards. Safety regulations governing Ferris wheels vary from city to state. For example, the American Society for Testing and Materials (ASTM) is in the process of developing a safety standard for the design, manufacturing, testing, and operation of all amusement park rides including the Ferris wheel.
We have various report editions of Ferris Wheel Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Global Ferris Wheel Market Report 2023 talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Ferris Wheel Industry growth. Ferris Wheel market has been segmented with the help of its Type, Application , and others. Ferris Wheel market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2018 to 2030. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Ferris Wheel market.
Type of Ferris Wheel analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Ferris Wheel Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Ferris Wheel from 2018 to 2030. This will also help to analyze the demand for Ferris Wheel across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Ferris Wheel are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Ferris Wheel market report 2023 Edition by contacting our team.
Region and country analysis section of Ferris Wheel Industry Analysis has been segmented into 5 major region such as North America, Europe, Asia Pacific, Middle East & Africa ,and Latin America (along with respective major contributing countries) and provides the revenue share, current trends.
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of Ferris Wheel market.
The current report Scope analyzes Ferris Wheel Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
The base years considered for all the estimations by analyzing trends and growth rate will help you gain an in-depth understanding of the conclusions provided in this report. This report also includes figures, graphs, pie charts, tables and bar graphs that explain the data analysis based on current trends at the country level as well as key regions. This research report also focuses on assessing factors such as profit, product price, capacity, production, supply demand market growth rate along with others to create a clear picture on the future prospects of this market.Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Ferris Wheel Market is witnessing significant growth in the near future.
In 2023, the Observation Wheel segment accounted for noticeable share of global Ferris Wheel Market and is projected to experience significant growth in the near future.
The Amusement Park segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Starneth Holding B.V., Ronald A. Bussink and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
Why Observation Wheel have a significant impact on Ferris Wheel market? |
What are the key factors affecting the Observation Wheel and Transportable Wheel of Ferris Wheel Market? |
What is the CAGR/Growth Rate of Amusement Park during the forecast period? |
By type, which segment accounted for largest share of the global Ferris Wheel Market? |
Which region is expected to dominate the global Ferris Wheel Market within the forecast period? |
Industry segmentation can be altred as per your needs. For example, we can proivde cross slipt between Observation Wheel with Application, , additional country analysis, volume/consumption data, etc.
Major Type Analysed |
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Major Application Analysed |
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Top Manufacturers Disclosed |
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Global, Regional and Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Ferris Wheel industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Segmentation Level Customization | |
Global level Data Customization | |
Region level Data Customization | |
Country level Data Customization | |
Company Level | |
Additional Data Analysis | |
Additional Qualitative Data | |
Additional Quantitative Data | |
Service Level Customization | Report Format Alteration |
This is a revenue specific report edition where the data is restricted only for the revenue.The pricing are according to the user license selection single user license: $2,445.00 USD, Team user license: $4,545.00 USD and Corporate user license:$6,845.00 USD On request we can arrange the copies depending the payment made from your side.
This is a revenue and volume specific report edition where the data is restricted for the revenue and volume.The pricing are according to the user license selection single user license: $3,445.00 USD, Team user license: $5,545.00 USD and Corporate user license:$7,845.00 USD On request we can arrange the copies depending the payment made from your side.
This is a volume specific report edition where the data is restricted only for the volume.The pricing are according to the user license selection single user license: $2,945.00 USD, Team user license: $5,045.00 USD and Corporate user license:$7,345.00 USD On request we can arrange the copies depending the payment made from your side.
This chapter helps you to understand the importance of report and how we designed the report scope of Ferris Wheel market. As per your requirement we can also design the market scope as a customised report.
This chapter provides insights on our data collection and data validation process. It covers detailed information on wide range of sources referred during the study.
At Cognitive Market Research, we have designed questionnaire focused on Ferris Wheel Market for the statistical study. This questionnaire is the key part of our research methodology which is shared with number of Ferris Wheel industry experts of entire value chain, located across the globe. This study help us to gather accurate quantitative and qualitative data for the final report.
The executive summary is an overview of a Ferris Wheel Market Report. In this chapter we have summarized the overall report data in snapshot format.
This chapters incorporated product description overview and regional sales statistics for the year 2018-2030.
This chapter covers a competitive analysis of the global Ferris Wheel market, and it includes quantitative information such as revenue and market share of the manufacturers. The chapter also includes information regarding the strategies adopted by the manufacturers such as mergers, acquisitions, and new product launches.
ESG analysis is the consideration of all factors in investment including environmental, social, and governance (ESG) factors. ESG integration is key part of the investment process. ESG analysis helps to measure company’s goals and progress when it comes to climate change, social improvement and good governance.
This chapter helps you understand the Market Drivers, Market Restrain, Market Opportunity and Trends by each segment.
This segment of the report provides in-depth and pertinent information on every foremost player in the market through both primary and secondary research. The Company Basic Information, and Sales Area chapter includes ten or more key players, which are dominating the market. Each company profile includes demystifying professional information in a tabular format, which comprises the company’s official website, established year, market position, geographical presence, competitors, and contact information. Further, company profiling includes an in-detailed business overview, COVID-19 impact on the particular firm, product type specifications, revenue & market share, and recent developments done by the company for its inorganic development, such as mergers, strategic acquisitions, partnerships, and others. Besides, profiling includes the company’s investment in research and development activities. The recent innovative product launches, business expansion, investments done by the company in different markets, and other news are also available in the company profiling section. At last, it provides the company’s business strategy and SWOT analysis.
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
This chapter covers in-detailed insights regarding type segments to understand consumer interests and provide a revenue stream for each type. Type segment analysis help in making a better business decision to maximize profitability by focusing resources on those market type that are relatively favorable to their goals.
This chapter categorizes detailed perceptions into an application segment based on end users’ needs, and preferences to understand their requirements and purchasing patterns effectively. It analyzes the current trends of the market that mainly consists of information related to new product use, trends in consumer demand, and available close substitutes of the product.
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Ferris Wheel market
Top Companies Market Share in Ferris Wheel Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables..
Starneth contributed to the construction of the London Eye. Several members of the former London Eye engineering, construction, and erection team are permanent members of the company and others are long-term, strategic partners working with the company when there is a requirement.
Dutch Wheels BV is one of the global leaders in the manufacturing and construction of Ferris Wheels. The company is headquartered in Weert, Netherlands, and has offices in the United States, China, and the United Arab Emirates. Dutch Wheels has a portfolio of various Ferris Wheels in operation around the world, including the Ain Dubai in Dubai, and the Star of Nanchang in China. Dutch Wheels specializes in the design, engineering, and construction of custom Ferris Wheels. The company offers a variety of sizes, gondolas, and lighting packages to customize each wheel to the specific needs of its customers. Dutch Wheels also offers a repair, maintenance, and refurbishment service for all types of Ferris Wheels.
July 2022
The company constructed a new wonder wheel at Energylandia. This 53-meter red series is built in the Dragon’s Lair zone, giving the guest a wonderful view of the entire park. This will help to increase the expansion of the company in various regions which is significant to rise the market growth.
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We have listed the discounted pricing including Tax/es. Please kindly note, report pricing and data inclusion depends upon the selection of the report edition + user license. Hence, please kindly choose an appropriate user license depending upon the number of users or employees are going to utilize the report data or the as per the need of the data/consultation services. To know more contact us.
Global Report Edition includes data about 5 major regions and a total of 36 countries. Please refer to the Table of Contents tab. If you require customized data our research team will assist you and provide you with an exclusive report edition delivery. You can also purchase regional and country-level data edition/s. Please get in contact with us prior to making a purchase sales@cognitivemarketresearch.com.
The regional report edition will help you get the data specific to the to selected region from the drop down.
The country specific report edition and the respective table of content will be delivered to you as per your enquiry or you can refer the following link for the same.
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