Water Amusement Park Equipment Market, By Type (Water Slides, Water House, Wave Generating Equipment, and Other), By Application (Indoor Water Park and Outdoor Water Park), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Amusement parks leads a key role in the global entertainment and leisure market. Water amusement park is a kind of theme park equipped with special cultural connotation, technological and scientific content and potent entertainment functions, including waterslide, wave generating equipment, and multi-layer water amusement facilities. Growing international tourism has been creating a lucrative consumer demand for marine parks and theme parks.

Increasing Prevalence of IoT aided Amusement Parks

The water amusement park equipment market is driving its growth due to growing prevalence of IoT facilities in amusement parks. This facility helps to monitor and track all the activities and also to manage the crowd at the park. In addition, IoT-enabled educational theme parks includes sensors which helps parents to monitor their children’s movement throughout the park. Moreover, entrance ticket for visitors aided with the IoT wristband is beneficial and it also provides credit-card transactions facility. All these factors are in turn propelling growth of the target market.

Growth in Disposable Income of People particularly in the Developing Economies

Presently, individuals are spending more amount in experiencing instead of purchasing to spend their leisure time. Therefore, they are spending disposable incomes for unique experiences with personalization, thus boosting the experience economy. Further, social media platform plays a vital role in helping the individuals to drive the demand for such experiences. Changing cultural shift of corporate workers along with the lifestyle, and rising status to lead a holistic life with a balance of leisure and work is leading to the expansion of amusement park market revenue.

Lack of skilled labor- Increased Input Cost

Lack of presence of skilled labor to provide quality services is the major factor hampering growth of the global market. In addition, increased input costs tangled in the labor-intensive industry such as the recreation industry are projected to restrain the growth of the water amusement park equipment market over the forecast period.

Water amusement park equipment market is segmented based on type, application, and region.

On the basis of type, the global water amusement park equipment market is segmented into water slides, water house, wave generating equipment, and other. Based on application, the target market is segmented into indoor water park and outdoor water park.

Regional Insights:

On region the global water amusement park equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The global water amusement park equipment market share is dominated in North America which accounts for more than 40%, followed by Asia-Pacific and Europe. This is mainly due to the offers provided by regional park team in terms of the full program of shows and festivals throughout the year. The U.S. and Canada has the maximum number of amusement parks presence and are spreading the fun for thrill-seekers through jaw-dropping thrill rides, spider-man motion-simulating ride, Frisbee rides, and dizzying roller coasters. LEGOLAND Florida Resort, Disney World, Canada’s Wonderland, Hersheypark, and Kings Dominion are the finest amusement parks for families in North America.

Water Amusement Park Equipment Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global vein finder’s market report based on type, application, and region:

Water Amusement Park Equipment Market, By Type:

• Water Slides
• Water House
• Wave Generating Equipment
• Other

Water Amusement Park Equipment Market, By Application:

• Indoor Water Park
• Outdoor Water Park

Water Amusement Park Equipment Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating the global water amusement park equipment market includes Aquatic Design Group, Dalang, Whitewater West, Parkash Amusements, Krishna Play Group, E.Beckmann, Longmatic, HAISAN, and Ocean Star. The major key players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, In August 2017, Efteling, a Dutch theme park in the Netherlands, developed an expensive indoor attraction namely “Symbolica-Palace of Fantasy” by investing an amount of US$35 million. This development by the company will help the park to to maintain its position in the European amusement parks market.

• Aquatic Design Group
• Dalang
• Whitewater West
• Parkash Amusements
• Krishna Play Group
• E.Beckmann
• Longmatic
• HAISAN
• Ocean Star