Aerospace Galley Equipment Market estimated to reach an estimated value of US$ 2.9 billion in the forecast period (2018-2023)

The report on the Aerospace Galley Equipment Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2018-2023. The report also offer insights into different market segments and other factors affecting the market.

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Aerospace Galley Equipment Market is expected reach an estimated value of US$ 2.9 billion by the forecast period (2018 – 2023).

As per the report, the market is segmented by:
●by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, and Others) – Wide-body aircraft will remain the most dominant and fastest-growing segment of the market.
●by Aircraft Program Type (B737, B777, B787, and Others)
●by Galley Type (Standard Galley, Modular Galley, and Customized Galley)
●by Insert Type (Electrical Inserts and Non-Electrical Inserts) – Electrical inserts segment will remain the most dominant in the market.
●by Fit Type (Line Fit and Retro Fit)
●and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

Table Of Contents: https://www.stratviewresearch.com/toc/83/aerospace-galley-equipment-market.html

Highlights of the Report:
The global aerospace galley equipment market is segmented based on the aircraft type as Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Body Aircraft, Regional Aircraft, and Business Jets. Wide-body aircraft is projected to remain the most dominant and fastest-growing segment of the global aerospace galley equipment market over the next five years. Increasing production rates of B787 and A350XWB aircraft programs are driving the demand for galley equipment in the segment. Narrow-Body aircraft is likely to generate a healthy demand for galley equipment over the next five years.

Based on the insert type, the global aerospace galley equipment market is segmented as Electrical Inserts and Non-Electrical Inserts. Electrical inserts are further broken down into beverage maker, chiller, water boiler, coffee maker, food warmer, and other inserts. Similarly, Non-Electrical inserts are further broken down into serving pots, rack/tray, galley trolley, and other inserts. The electrical inserts segment is likely to remain the most dominant in the market over the next five years, driven by an increased demand for water boilers, beverage makers, and chillers. The non-Electrical inserts segment is also likely to witness a healthy growth rate over the next five years.

Based on the regions, North America is projected to maintain its leadership in the market during the forecast period of 2018 to 2023. The region is the manufacturing capital of the aerospace industry with the presence of major aerospace OEMs, tier players, distributors, airlines, and raw material suppliers. The USA is the projected to remain the growth engine of the region’s market over the next five years.

Asia-Pacific is likely to witness the highest growth in the market over the next five years, driven by a host of factors including the development of indigenous commercial and regional aircraft (CMAC’s C919 and Mitsubishi’s MRJ); the highest commercial aircraft fleet size, and opening of assembly plants of Boeing and Airbus in China. There is a healthy demand for all types of galley equipment in the region for both line fit and retrofit usage.

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Key Players of the Market
The key aerospace OEMs are Boeing, Airbus, Bombardier, Embraer, ATR, and Mitsubishi Heavy Industries and key airline companies are Lufthansa, Delta Air, Air China, and Singapore Airlines. The key galley manufacturers are Zodiac Aerospace, Jamco Corporation, Rockwell Collins Inc. (B/E Aerospace), Aim Altitude, and Diehl Aerospace GmbH.

Features of the Report
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

Know more about us and our reports:
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