The report, now available on ASDReports, 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.
Commenting on the report, an analyst 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 manufacturers and airlines. The design phase involves high investments and extensive use of technology. At the same time, it becomes difficult for the galley equipment manufacturers to offer the same solutions for LCC and full services airlines.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: Aug 31, 2016