What is Theme Park Planning?
Theme Park Planning relates to land use planning, ride designing, infrastructural development, connectivity, etc. This planning may either be Master Planning which is complete planning from ground zero, and the other one is partial planning which is basically related to few aspects of the theme park which may be few rides or some other infrastructure. The types of theme park includes water parks, children’s play park, Adventure Park and similar other parks with water park being the most popular. Rising Disposable income and boom in tourism sector in past few years is expected to drive the market of theme park planning. Currently, North America is the biggest market of theme park planning other than Asia Pacific.
The market study is broken down by Type (Master Planning and Partial/Segment Planning) and major geographies with country level break-up.
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ProSlide Technology, Inc. (Canada), Jora Vision Europe BV (Netherlands), Walt Disney Imagineering (United States), Forrec Ltd. (Canada), Battaglia Inc. (United States), WhiteWater (Canada), Counsilman-Hunsaker (United States), ITPS (United States), Snider Recreation Inc. (United States), Leisure Business Advisors LLC (United States) and Benoy Architects (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Smytheman Architectural (United Kingdom), Bausaa Baustudio (Italy) and IRMS (Singapore).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Theme Park Planning market by Type, Application and Region.
On the basis of geography, the market of Theme Park Planning has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Large Enterprise will boost the Theme Park Planning market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Theme Park Type , the sub-segment i.e. Water Park will boost the Theme Park Planning market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, Benoy Group, the owner or parent company of renowned International Architectural Firm Benoy has announced acquisition of Holmes Wood. UK based Homes Wood is a leading designs studio specialising in wayfinding, sign and graphic design. The expansion is aimed as next phase of growth for Benoy Growth especially since the announcement of Brexit.
In 2019, Jora Vision Europe BV, Netherlands based leader in theme park designing and developing has announced signing of a contract to develop a new Pushkin theme park in St.Petersburg, Russia. The new theme park is expected to be complete till 2023. The theme park will be named as Lukomorye.
Market Trend
- Water Park are Rising in Popularity around the Globe
Market Drivers
- Growing Tourism Industry
- Rising Disposable Income
Opportunities
- Innovative Recreational Centres Present Huge Opportunity
Restraints
- High Costs Associated with Theme Park
Challenges
- Governmental Clearance and High Risk Factor Associated with Human Life
Key Target Audience
Theme Park Planning Manufacturers, Suppliers and Distributors, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners, Government Regulatory and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.