Market Overview
A theme park has occupancy of many thrilling and attractive rides based on a personal theme or a combination of both. Generally, it includes different type of rides, alongside a variety of restaurants, shops, restaurants, and other entertainment units. Theme park tourism is a capital intensive and high technology sector that is dominated by amusement and theme park companies including Walt Disney, Merlin and Universal Studio, among others. Since 1980, the theme park market has been seen as an organized business and is undergoing incredible growth in the tourism and travel industry. Regardless of the soft economy, the North America population tends to lean more on adventure travelling.
Theme Park Tourism Market: Drivers
Essentially, growth in per capita income is pushing the demand for theme park tourism around the world. The significant drivers that activate demand in the theme park tourism market are rising global GDP, a growing middle-class urban population, and an increasing tourism expenditure. Most notably, the market is being driven by regular technological upgrades.
Theme Park Tourism Market: Opportunities
As prospect for theme park tourism, the tourism industry is currently one of the fastest growing industries, with many new theme parks coming up in regions including Asia, Europe and the Middle East, which offer excellent visitor prospects and good leisure options.
Theme Park Tourism Market: Trends
The current trend is the practice of technologically developed hydraulics, pneumatics, and animatronics, which promotes high-tech thrills and delights to the rides, which ensures redefining development in the market. Furthermore, rising adventurist attitudes and large household on outdoor activities are other trends positively impacting the market.
Theme Park Tourism Market: Restraints
Despite the rise in demand for theme parks, the growth of theme parks is hindered by several factors that include time wastage in installing and manufacturing advanced rides. In addition, the high cost of theme park maintenance of mechanical and electrical rides limits the growth of this market, more so for new comers in the business.
Theme Park Tourism: Options
There are thousands of theme and amusement parks across the world open to curious visitors. Some of the prominent global theme parks include Six Flags Inc. (U.S), Universal Studios Recreation Group (U.S), Merlin Entertainments Group (U.K), Walt Disney Attractions (U.S), Cedar Fair Entertainment Company (U.S), Chimlong Group (China), OCT Parks (China), Fantawild Group (China), Compagnie des Alpes (France), Parques Reunidos (Spain), and many others.
As you have seen, theme park tourism market is a growing. This means that there are endless job opportunities available. But, you cannot work in a theme park without training on handling rides and equipment, and performing routine theme park maintenance to prevent accidents and downtime. At ITI College we offer maintenance technician training that can equip you with skills to enable you work in a theme park. Visit us at https://iticollege.edu/industrial-maintenance-training-amusement-park-technicians/ to learn more about our training programs.