According to the report, the Ferris Wheel market is predicted to achieve USD XXXX million by 2026. This report examines the status quo and projections of the global Ferris Wheel market and analyzes the Ferris Wheel market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
Market Summary
Overview:
A Ferris wheel (often called as a giant wheel) is an attraction that consists of a multi-component vertical rotating wheel that carries passengers attached to the rim so that when the wheel rotates, they are held upright, usually by gravity. Some of the larger modern wheels have cars mounted outside the rim, with electric motors to independently rotate each car to keep it straight. These wheels are sometimes called observation wheels and their cars are called capsules. However, these other names are also used for wheels with gravity-oriented classic cars. The original Ferris wheel was designed and built by George Washington's Gale Ferris Junior as a milestone for the 1893 World's Fair in Chicago. The generic term "Ferris Wheel" is now used in American English for all these structures, which have become the most popular type of attraction in US public fairs.
The Ferris Wheel market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include Allan Herschell Company, Chance Morgan, Eli Bridge, Great Wheel Corporation, Ronald Bussink, Sanoyas Rides Corporation, Senyo Kogyo, Intamin, Lamberink, Zhengzhou Beston Amusement Equipment Co, Starneth, Chance Rides, Mir/Pax, Ronald Bussink, Great Wheel Corporation, etc.
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
Value:
It is estimated that the total market value of the global Ferris Wheel market is poised to reach USD xxxx million in 2026 from USD xxxx million in 2019, with a CAGR of xxxx%.
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Facilitating Factors:
The Ferris Wheel market is expected to register substantial growth in the coming years, owing to the development of the tourism industry and recreation industry. Increased population and improved playground infrastructure are also positively influencing the market growth. Moreover, with the increase in per capita income, disposable income, and living standard, the demand for recreational activities is also growing.
The global Ferris Wheel market is broadly divided based on Type, application, and region:
By Type- By diameter (20m/30m/42m/50m/65m/etc)
By wheel (Double/Triple/Quadruple wheels)
By application- Playground, Building Landscape, Others
By region- North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
Asia-Pacific is anticipated to witness high growth during the forecast period, owing to the increasing population and the recovery of the economy. China and India are playing an important role in the Ferris Wheel market.
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Audience:
• Ferris Wheel manufacturers
• Ferris Wheel importers and exporters
• Ferris Wheel traders, distributors, and suppliers
• Raw material suppliers of Ferris Wheel
• Ferris Wheel industry associations
• Product managers, Ferris Wheel industry administrator, C-level executives of the industries
• Market Research and consulting firms
What Information does this report contain?
• The report covers the prediction and analysis of the global Ferris Wheel market at the global and regional levels.
• The report includes drivers and constraints that affect market growth.
• Discussed details about market opportunities
• The assessments for the regional market layout characteristics in the world.
• The report includes detailed company profiles for prominent market participants.
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