Galley Equipment Market Growth, Trends and Forecast 2015 - 2023

 

The galley is the on-board kitchen on a water-borne or air-borne vessel, used for cooking food and storage of various food materials. Due to the limited size available on a vessel, the galley in various ships and aircrafts needs to be compact and efficient for optimum utilization of available space. Furthermore, considering the heavy nature of the ships and turbulence experienced during the voyage, the galley in such vessels needs to be robust and rigid. These factors have led to the increasing demand for movement resistant and fixed galley equipment in ships and aircrafts. On-board galley equipment makes use of various overhead cabins and compact fixtures to offer optimum storage capacity and capability. In addition, galley equipment needs to be user friendly to offer higher convenience and improved user experience. The global galley equipment market is broadly segmented into aviation galley equipment and marine galley equipment. The aviation galley equipment includes various non-electric inserts such as serving pots, rack/tray, trash compactor and trolleys. Furthermore, electric inserts such as beverage makers, chillers, water boilers, coffee makers, air chillers, food warmer, refrigeration systems and dishwaters are installed as a part of aviation galley equipment. Such equipment is widely adopted in various aircrafts including wide-body aircraft, narrow-body aircraft, large aircraft and other commercial aircrafts.

Some of the key players in the galley equipment market include:
B/E Aerospace, Inc., Diehl Aerospace GmbH, Kang Li Far East Pte. Ltd., Loipart AB, Jeitek Co. Ltd., Jamco Corporation, Bucher Leichtbau AG, Almaco Group, Reinhold & Mahla AG and Zodiac Aerospace.

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The marine galley equipment includes various non-electric inserts such as buffet/bar counters, canopies and hoods, trash compactors and stainless steel panel systems. In addition, various electric inserts including food processing equipment, cooking equipment, refrigeration systems and washing machineries are installed in marine vessels. The marine galley equipment has found applications in surface ships, amphibious ships, submarines, recreational boats, passenger vessels and bulk carriers.

One of the major factors driving the growth of galley equipment market across the world is the increasing demand for light weight galley equipment. Rising adoption of advanced light-weight galley equipment has driven the overall galley equipment market. Increasing demand for comfort and convenience in various ships and aircrafts has led to the growing demand for state-of-the-art galley equipment. Furthermore, growing demand for ships and aircrafts for leisure and commercial purposes has directly driven the demand for galley equipment across the world. Despite its immense applications, the growth of galley equipment market faces a few restraints. Increasing popularity of low-cost carriers for various commercial and personal purposes has hindered the growth of galley equipment. Furthermore, companies in this market face a constant challenge of reducing weight and size of galley equipment.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

• North America
• Asia Pacific
• Europe
• Rest of the World

This report provides comprehensive analysis of 

• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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The following regional segments are covered comprehensively:

• North America
• Asia Pacific
• Europe
• Latin America
• The Middle East and Africa

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