LONDON, Jan. 4, 2017 /PRNewswire/ -- About Galley Equipment
The galley is an area in an aircraft or ship, where the food is prepared and cooked. The electric and non-electric equipment used in the galley area is termed as galley equipment. The global galley equipment market is segmented based on its applications into aviation segment and marine segment. The galley equipment market in the marine segment accounts for strong revenue share due to its larger requirements for galley inserts, which are expensive. However, the galley equipment used in the aviation segment is expected to post a higher growth rate as compared to the marine segment.
Technavio's analysts forecast the global galley equipment market to grow at a CAGR of 4.20% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global galley equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of new units of galley equipment to aviation and marine end-users.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
Technavio's report, Global Galley Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- B/E Aerospace
- JAMCO
- Kang Li Far East
- Loipart
- Zodiac Aerospace
Other prominent vendors
- GN Espace
- Bucher Group
- JEITEK
- Diehl Aerosystem
- Aerolux
- National Marine Suppliers
Market driver
- Increasing number of commercial aircraft and ship orders.
- For a full, detailed list, view our report
Market challenge
- Growth of LCC airlines.
- For a full, detailed list, view our report
Market trend
- Increasing demand for retrofitting and renovation.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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