About Galley Equipment
Galley equipment is design to meet the exacting needs of professional chefs, in the form of refrigeration, laundry, and canteen serving solutions from leading manufacturers. This equipment is designed for marine use in the harshest environments. Galleys and laundries are small in size, but with requirements for heavy-duty equipment and ease of use. The major driving factors in the growth of this market is the increasing demand for lightweight galley equipment. A surge in adoption of advanced light-weight galley equipment has driven the overall galley equipment market. Growing demand for comfort and convenience in various ships and aircraft has led to the growing demand for state-of-the-art galley equipment.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Major players putting High focus on providing customized solutions to customers in order to remain competitive in revenue cycle management solutions. This industry seeing more number of niche players coming up rather than traditional players. To provide the best services to the customers, companies are spending more on technology-based solutions. Analyst at AMA Research estimates that Germany Vendors will contribute the maximum growth to Global Galley Equipment market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Zodiac Aerospace (France), JAMCO Corporation (Japan), Diehl Stiftung & Co. KG (Germany), Collins Aerospace (United States), Diehl Aerospace GmbH (Germany), Kang Li Far East Pte. Ltd. (Singapore), Almaco Group (Finland), Diethelm Keller Aviation PTE Ltd. (Singapore), GN Espace (United Kingdom), National Marine Suppliers (United States) and Jeitek (Korea) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Loipart AB (Sweden), Natron Industries (Singapore) and EURO-MARITIME (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Galley Equipment market by , Application (Aviation (Single-Aisle, Twin Aisle, Business General Aviation) and Marine (Defence and Commercial)) and Region.
On the basis of geography, the market of Galley Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Fit, the sub-segment i.e. Line Fit will boost the Galley Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Components, the sub-segment i.e. Galley Inserts will boost the Galley Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Galley Inserts, the sub-segment i.e. Aviation will boost the Galley Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Equipment Type, the sub-segment i.e. Preparation Equipment will boost the Galley Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Enhancement and Long-Lasting Equipment
Market Growth Drivers:
High Demand for Durable, Increased Need for Modular, Customizable Equipment and A Significant Rise in Water and Air Craft Manufacturing and Retrofitting
Challenges:
Manufacturers in This Market Face a Constant Challenge of Reducing Weight and Size of Galley Equipment
Opportunities:
Strong Opportunity in Future Due To Increased Demand for Modular and Customizable Systems
Market Leaders and their expansionary development strategies
In Oct 2018, CHEP Aerospace Solutions announced the acquisition of eps-Aircraft Services Gmbh, galley Equipment Company, to expand CHEP Aerospace solutions repair network.
In Jun 2018, MEKCO Group announced to enter into a partnership with Donica to provide repair management, installations and distribution of Donica's product, which are replacement solution for legacy aircraft.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Galley Equipment Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.