|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.
Report Delivery Format: PDF, PPT, Excel, Word, Bi and Consultation | Rating: 4.8 | Review: 7
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Ferris Wheel Market Report 2023.
"Global Ferris Wheel market size 2023 was XX Million. Ferris Wheel Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030."
|Historical Data Time Period||2018-2023|
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 firstname.lastname@example.org
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.
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||
|Major Application Analysed||
|Top Manufacturers Disclosed||
|Global, Regional and Country Analysis||
|Key Qualitative Information Covered||
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.
We not only deliver the published report but only provide customized data on request to make your customized report edition (Exclusively Delivered and not shared on the website/Other Clients). The following additional data and delivery depend on Data Availability, Client's Data Request, Additional Charges Applied, etc.
|Segmentation Level Customization|
|Global level Data Customization|
|Region level Data Customization|
|Country level Data Customization|
|Additional Data Analysis|
|Additional Qualitative Data|
|Additional Quantitative Data|
|Service Level Customization||Report Format Alteration|
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.
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.
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 email@example.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.