Galley Equipment Market - Forecast 2014 to 2020 - New Market Research Report
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[ClickPress, Wed Feb 11 2015] 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
The global galley equipment has the potential to grow at a CAGR of 4.10% from 2014 to 2020. This report provides qualitative and quantitative information about the galley equipment market. It identifies the market application gaps, emerging technologies, the need for new product launches, and high potential geographic regions and countries. It also provides a granular segmentation of this market, tracking the market size, market share, revenue projections, financial portfolio, covering a broad spectrum of the aviation and marine galley equipment market.
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Rising demand for the aircraft, increase in demand for the light-weight galley equipment, demand for galley customization as per customer's preferences, and boost in modular galley are some of the key factors fueling the growth of the galley equipment market. Demand for low-cost carriers are some of the factors hampering the growth of the galley equipment market.
The purpose of this report is to identify the various galley types and galley inserts. It also provides the major drivers & restraints of this market. The key players of the galley equipment market have been covered in the report.
Increase in shipments in APAC and the Middle East and need for improved customer experience provide opportunities in the galley equipment market. To achieve increased carrier efficiency by reducing size and weight of the equipment, and the diversity in galley equipment needs by the carrier operators pose a challenge for the galley equipment market.
Emerging markets include nations, such as China and India, which have become attractive for companies in the development of galley equipment due to increased order for aircraft and marine vessels. In 2014, Zodiac Aerospace held dominant positions in the global galley equipment market. They have maintained this position by adopting strategies such as acquisitions and strategic contracts over the last three years. Other key players include Bucher Leichtbau AG (Switzerland), Kangli Far East Pte Ltd (Singapore), ALMACO Group (Finland), and B/E Aerospace (U.S.).
Apart from the general overview of the companies, the galley equipment report also provides financial analysis, products, services, and the key developments of the major players in the industry. The industry value chain, market revenues, and volumes are determined through primary and secondary research. All percentage shares, splits, and breakdowns are determined using secondary sources and verified through primary sources.
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