This report, from Stratview Research, studies the global aerospace galley equipment market over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The Global Aerospace Galley Equipment Market: Highlights
The varied needs of the different airliners are always a big challenge for the aircraft cabin interior market. The low cost airlines like to confine the galley equipment to the necessary areas only whereas the airliners targeting high profile clients like to provide the best amenities to their customers and are looking for better galley equipment which allow them to serve passengers fresh food and drinks. However, all the airliners are requesting galley manufacturers to design galley with high functionality and durability, taking a limited space of the cabin. Lightweight galley is the most important requirement by all airliners.
The global aerospace galley equipment market offers a good growth opportunity and is likely to grow at 5.9% CAGR during the forecast period of 2016 to 2021.Increasing commercial aircraft deliveries and growing aircraft fleet size are the key driving forces shaping the global galley market. Line fit retrofit segment is likely to offer a healthy opportunity in the next five years.
The supply chain of this market comprises raw material manufacturers, galley trolley manufacturers, oven manufacturers, galley manufacturers, aircraft OEMs, and airliners. The key aerospace OEMs are Boeing, Airbus, Bombardier, Embraer, ATR, and Mitsubishi Heavy Industries and key airliners are Lufthansa, Delta Air, Air China, and Singapore Airlines.
The key galley manufacturers are Zodiac Aerospace, Jamco Corporation, B E Aerospace, Aim Altitude, and Diehl Aerospace GmbH. New product development with increased cabin efficiency and long term contracts are the key strategies adopted by the key...