Adventure Travel - Market Scope
Adventure travel is a type of tourism in which contains an exciting unusual level of risk. Adventure travel includes physical activity, cultural exchange, and activities in nature. Adventure travel is arranged through an agent or directly through the individual. Additionally, this may include activities such as mountaineering, trekking, bungee jumping, mountain biking, cycling, canoeing, scuba diving, rafting, kayaking, zip-lining, paragliding, hiking, exploring, sandboarding, caving, and rock climbing.
The Adventure Travel - market study is segmented, by Application (Polar Region, Mountain, Submarine and Aerospace) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Adventure Travel - market throughout the predicted period.
TUI Group (Germany), Thomas Cook Group (United Kingdom), Jet2 Holidays (United Kingdom), Cox & Kings Ltd (India), Lindblad Expeditions (United States), Travcoa (United States), Scott Dunn (United Kingdom), Abercrombie & Kent Ltd (United States), Micato Safaris (United States) and Tauck (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Backroads (United States), Zicasso (United States) and Butterfield & Robinson (Canada).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Adventure Travel - market by Type, Application and Region.
On the basis of geography, the market of Adventure Travel - 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). MEA region held largest market share in the year 2020.
Market Leaders and their expansionary development strategies
On 5th October 2018, Travel services firm Thomas Cook India has acquired a 24% Share of Mumbai-based travel tech start-up 'TravelJunkie Solutions' by its arm TC Tours Ltd.
- Rising Inclination Towards undiscovered Regions
- Growing Social Media Trends Such as Facebook
- Increasing Government Support to Adventure Travel
- Attraction towards Promotion and Marketing of Adventure Travels
- Increasing Disposable Income
- Adventure Travelling Can Become Risky
- Uncertain Weather Conditions
- Uncertain Environment Conditions
- Growing Adoption of Luxury Tourism
Key Target AudienceAdventure Travel Service Manufactures, Potential Investors, Private Research Institutes, Government Research Institutes and Others
Frequently asked questions:1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Adventure Travel - Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.
3. What is expected growth rate?
According to AMA, the Global Adventure Travel - market is expected to see growth rate of 17.5%.