Stratview Research announces the launch of a new market research report on Aerospace Galley Equipment Market by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Body Aircraft, Regional Aircraft, and Business Jets), by Aircraft Program Type (B737, B777, B787, A320 Family, A330/A340, A350XWB, A380, B737 Max, B777x, A320 neo, A330neo, E175, C Series, and Others), by Galley Type (Standard Galley, Modular Galley, and Customized Galley), by Insert Type (Electrical and Non-Electrical), by Fit Type (Line Fit and Retrofit), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023

This market report from Stratview Research studies the aerospace galley equipment market over the period 2012 to 2023. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Aerospace Galley Equipment Market: Highlights

The aerospace galley equipment market offers healthy growth opportunities in the market ecosystem and will reach an estimated value of US$ 2.9 billion in 2023. Increasing production rates of the best-selling aircraft, such as B737, A320 family, B787, and A350XWB; the introduction of fuel-efficient variants, such as B737 Max and A320neo; growing aircraft fleet size; and an increasing demand for lightweight galley system are the key forces that are proliferating the demand for galley equipment in the aerospace industry.

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The 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 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.

The key galley manufacturers are Zodiac Aerospace, Jamco Corporation, B E Aerospace, Aim Altitude, and Diehl Aerospace GmbH. New product development with increased cabin efficiency and long term contracts are the key strategies adopted by the key players to gain competitive edge in the market. All the players are investing heavily on the development of lightweight galleys with increased efficiency and advancement in the galley technology.

Report Features
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends of the galley equipment market.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

The aerospace galley equipment market is segmented into the following categories.
Global Aerospace Galley Equipment Market by Aircraft Type:
• Narrow-Body Aircraft
• Wide-Body Aircraft
• Very Large Body Aircraft
• Regional Aircraft
• Business Jets

Global Aerospace Galley Equipment Market by Aircraft Program Type:
• B737
• B777
• B787
• A320 Family
• A330/A340
• A330neo
• A350XWB
• A380
• B737 Max
• B777x
• A320neo
• E 175
• C Series
• Others
Global Aerospace Galley Equipment Market by Galley Type
• Standard Galley
• Modular Galley
• Customized Galley

Global Aerospace Galley Equipment Market by Insert Type
• Electrical Inserts
o (Insert Type Analysis: Beverage Maker, Chiller, Water Boiler, Coffee Maker, Food Warmer, and Others)
• Non-Electrical Inserts
o (Insert Type Analysis: Serving Pots, Rack/Tray, Galley Trolley, and Others)
Global Aerospace Galley Equipment Market by Fit Type
• Line Fit
• Retrofit

Global Aerospace Galley Equipment Market by Region
• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, India, Japan, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: the Middle East, Latin America, and Others)

About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.