Aircraft Galley Equipment Market Analysis, Share, Size, Trends, Forecasts to 2020

Technavio Announces the Publication of its Research Report Global Aircraft Galley Equipment Market 2016-2020

Technavio recognizes the following companies as the key players in the global aircraft galley equipment market: Aerolux, B/E Aerospace, Diehl Stiftung, Jamco, and Zodiac Aerospace.

Other Prominent Vendors in the market are: Aeroaid, Airbase Interior, Hannams, and Dynamo Aviation Factory.

Browse full report with TOC@

Commenting on the report, an analyst from Technavios team said: Growing acceptance of modular galley concept will be a key trend for market growth. Modular galley equipment consists of numerous vertical and horizontal structural elements that are fit into an aircraft. These galleys allow operators to assemble each sub-system in a simplified method that reduces the consumption of both time and space. These galleys also allow airline operators to enhance the configuration process for specific missions, routes, and seasonal requirements, which depends on the preference of passengers or mode of operations (LCC or full service airline).”

According to the report, one of the major factors driving the growth of the aircraft galley market is the increasing demand for energy-efficient aircraft from APAC. The cost-efficient business model and no-frills service strategy adopted by the regional airlines have augmented the demand for new aircraft in the region. The region will receive 12,596 new aircraft till 2034 with an annual growth rate of 6% each year. This development will be driven by the increased delivery of new narrow-body aircraft to meet the demands of low-cost airlines, and will have a corresponding increase in the demand for galley equipment in the region.

Further, the report states that design constraints will be a challenge for the market. Aircraft galley equipment is designed based on the specific requirements of aircraft...