Stratview Research announces the launch of a new market research report on Global Aerospace Galley Equipment Market by Aircraft Type (Narrow Body, Wide Body, Very Large Body, Regional, and Business Aircraft), by Platform (B737, B747, B777, B787, A320 Family, A330 / A340, A350 XWB, A380, B737 Max, B777X, A320 neo, E 175, C Series, Others), by Galley Type (Standard, Modular, and Customized), by Insert Type (Electrical and Non Electrical), by Fit Type (Line and Retro), by Region (North America, Europe, Asia Pacific, Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018 – 2023
This market report from Stratview Research studies the aerospace galley equipment market over the period 2010 to 2023. The research 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
Stratview Research foresees a strong growth of 5.9% (CAGR) in the aerospace galley equipment market in the next five years (2018 – 2023) and reach an estimated value of US$ 2.9 billion in 2023, which offers an opportunity to the aerospace industry players to align themselves with the market growth.
There are a number of factors bolstering the growth of galley equipment market in aerospace industry. The author of the industry report cited increasing passenger traffic, increasing commercial aircraft deliveries, growing aircraft fleet size, and increase in share of wide body aircraft as the most prominent growth drivers of the global aerospace market.
Commercial aircraft is expected to be the growth engine of the galley equipment market
The author stated that the commercial aircraft segment is expected to remain the growth engine of the aerospace galley equipment market during the forecast period. Both OEM and aftermarket segments are likely to offer healthy growth opportunity in the next five years. Among the brake types, Line fit retrofit segment is likely to offer a healthy opportunity in the next five years in the global aerospace galley equipment market due to their excellent performance.
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 players to gain competitive edge in the market. All the players are investing heavily on the development of lightweight galleys with increased efficiency and advancement in the galley technology.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:
Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description.
Free customization options for market research report on aerospace galley equipment market
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