DALLAS, December 19, 2014 /PRNewswire/ --
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", published by
MarketsandMarkets, 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 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 160 Pages and in-depth TOC
on "Galley Equipment Market- Forecast 2014 to
2020".
http://www.marketsandmarkets.com/Market-Reports/aircraft-galley-equipment-market-16966730.html
Early buyers will receive 10% customization on this
report.
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.
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.
Further
Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=16966730
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.
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