European Galley Equipment Market by Type, Application, and Geography - Analysis and Forecasts to 2019
LONDON, Oct. 3, 2017 /PRNewswire/ -- The European galley equipment market is very dynamic in nature. New technologies have been evolving over the years to make the market technologically efficient so as to cater the needs of specific segments, such as the marine and aviation industries. Moreover, the need to ensure the best usage of minimal space available in the kitchen in order to satisfy the new emerging operational requirements in the marine as well as aviation segments is driving the galley equipment market.
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Among all the countries of Europe, Germany dominates the galley equipment market and is expected to sustain its leading position during the forecast period of 2014 to 2019. The top position of the German segment can be attributed to the rising demand for commercial aircraft and private jets, along with the rising capacity of naval and cruise ships. The prime drivers of the aviation galley equipment market in Germany are the rise in corporate profits and substantial economic recovery. These factors have contributed to the hike in demand for commercial aircraft and business jets. The rising fleet size of cruise ships, along with the modernization of defense surface vessels, is a major driver for the marine galley equipment market in Germany.
An in-depth market share analysis, in terms of revenue, of the leading companies is also included in the report. The numbers are arrived on the basis of key annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the major players in the European galley equipment market has been covered in this report.
The major companies dominating this market are B/E Aerospace, Zodiac Aerospace (France), Loipart AB, Bucher Group (Switzerland), and Diehl Stiftung & Co. KG (Germany), among others.
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