Galley Equipment Market Size , Share , Trends , Analysis and Forecasts To 2021
The Global Galley Equipment Market accounted for $ 2.04 Billion in 2014 and is estimated to approach $ 3.03 billion by 2022 , registering a compound annual growth of 5.06 % during the forecast period 2014 to 2022 . Increasing demand for the aircraft , raise in demand for the light-weight galley equipment , demand for galley customization as per customers preferences , and increase in modular galley are some of the major factors influencing the growth of the galley equipment market . Growing demand for comfort and ease in different ships and aircrafts has led to the increasing demand for state-of-the-art galley equipment . Moreover , increasing demand for ships and aircrafts for leisure and commercial purposes has a direct impact on demand for galley equipment around the world .
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Even though its huge applications , the growth of galley equipment market faces a few hurdles . Growing popularity of low-cost carriers for different commercial and personal purposes has hampered the growth of galley equipment . Moreover , companies in this market face a steady challenge of plummeting weight and size of galley equipment . Growing opportunities like modular and customized galley equipment has made the market profitable in recent years . Top-most companies in this market seek to offer galley equipment particularly designed and developed to meet specific requirements . Furthermore , companies focus on providing wide-ranging galley set-up with complete functional and storage capacities .
The key participants in Global Galley Equipment Market are Zodiac Aerospace , B / E Aerospace , Jamco Corporation , Diehl Aerospace , Bucher Leichtbau AG , Kangli Far East Pte Ltd , Almaco Group , Loipart AB , Miele Marine , and Jeitek .
Galley Type Covered : Single Aisle Twin Aisle Custom Fit
Galley Inserts Covered : Electric Galley Inserts Non-Electric Galley Inserts
Applications Covered : Aviation Marine Defense Marine Commercial Marine