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)
(PRWEB) March 15, 2015
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," analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Browse 67 market data tables 58 figures spread through 220 pages and in-depth TOC on “Galley Equipment Market - Forecast 2014 to 2020”.
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The global galley equipment market has been broadly classified into aviation and marine markets. The marine market is estimated to account for the larger share of the global market during the forecast period owing to the high costs associated with procurement of the equipment. However, the aviation survey equipment market is expected to grow at a higher CAGR of 4.24% in the next six years, owing to low costs associated with equipment procurement in large volumes. Also, with an expected growth in the procurement of aircrafts, the aviation market is estimated to achieve a very substantial growth in the future.
Apart from the general overview of the companies, the galley equipment report also provides financial analysis, products, services, and the key developments of the major players in the industry. The industry value chain, market revenues, and volumes are determined through primary and secondary research. All percentage shares, splits, and breakdowns are determined using secondary sources and verified through primary sources.
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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.
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