The report “Galley Equipment Market by Galley Type (Single Aisle, Twin Aisle, Custom-Fit), by Galley Inserts (Electric Inserts and Non-Electric Inserts), by Application (Aviation, Marine), by Geography - Forecast 2014 to 2020”, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. This report studies the global galley equipment market over the forecast period from 2014 to 2020. The total value of global galley equipment market is expected to reach $2.6 Billion by 2020, at CAGR of 4.10% from 2014 to 2020.
Browse 67 market data tables 58 figures spread through 220 pages and in-depth TOC on “Galley Equipment Market - Forecast 2014 to 2020”.
The global galley equipment market is classified into two major segments: marine galley equipment and aviation galley equipment. The marine galley equipment market is further categorized into non-electric galley inserts such as hoods and canopies, buffet/bar counters, stainless steel panel system, and trash compactor, and electric galley inserts such as cooking equipment, food processing equipment, wash ware machineries, and refrigeration system. The marine market comprises of defense and commercial marine vessels which include surface ships, submarines, amphibious ships, passenger vessels, recreational boats, and bulk carriers.
Request for Sample of the Report@
Likewise, the aviation galley equipment market is further categorized into non-electric galley inserts such as rack/tray, serving pot, trolley, and trash compactor and electric galley inserts such as beverage chiller, beverage maker, coffee maker, water boiler, bun warmer, air chiller, inbuilt-bar, dishwasher, and refrigeration system. The aviation market comprises very-large aircraft, wide-body aircraft, narrow-body aircraft, and business general aviation.
A number of factors such as rising demand for the aircraft, increase in demand for the light-weight galley equipment, and demand for galley customization as per customer’s preferences drive the global galley equipment market. On the other hand, factors such as demand for low-cost carriers and delays in shipment deliveries as part of new programs are restricting the growth of this market. However, increasing investments in emerging economies such as India and China offer new growth opportunities for the market players.
As of 2014, APAC is estimated to hold the largest share of the galley equipment market, followed by North America. Also, the Asia-Pacific market too is expected to grow at the highest CAGR of 4.53% from 2014 to 2020 owing to a rise in the aircraft and marine vessel building order. On the other hand, a number of factors including demand for the improved customer experience and increase in shipments in APAC and the Middle East are expected to accelerate the galley equipment market, globally.
Key players profiled in the report include Zodiac Aerospace (France), B/E Aerospace (U.S.), JAMCO Corporation (Japan), Diehl Aerospace (Germany), Bucher Leichtbau AG (Switzerland), Kangli Far East Pte Ltd (Singapore), ALMACO Group (Finland), LOIPART AB (Sweden), REINHOLD & MAHLA AG ( Germany), and JEITEK (Korea) among others.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252