The amusements market includes
establishments involved in providing facilities for recreation, amusement, and
gambling activities, and operating sports teams, clubs, or leagues, involved in
playing games for recreational purposes. It includes companies offering
participant games and sports facilities. Establishments using transportation
equipment to provide recreational and entertainment services are not included
in this industry.
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The global amusements market has
been growing in the past years with a CAGR of almost 7%. TBRC’s latest report
show the historic and future trends in the market for each year with sourced
reasons to support the growth claims.
The report also shows the global
amusements market to grow at a higher CAGR by 2021 as compared to 2017, along
with geographies best suited for investments with highest return rate.
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report at:
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.clv For instance, Plopsaland De Panne in De Panne,
Belgium has a new virtual reality wooden roller coaster called Heidi The Ride,
which can reach speeds of more than 43mph. Amusement park SeaWorld has started
operating a new Kraken Virtual Reality Roller Coaster in Orlando. The Weave
Breaker coaster brings the reality of jet skiing in an amusement park.
Universal Studios have The Walking Dead mazes with augmented reality elements.
Companies included in the report
are The Walt Disney Company, Las Vegas Sands, Universal Studios, MGM Resorts,
Merlin Entertainment Group, Seaworld Entertainment, Vail Resorts, Six Flags
Entertainment Corporation, Cedar Fair Entertainment Company, and Compagnie des
Alpes.
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