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Global Aerospace Galley Equipment Market Likely to Grow at 5.9% CAGR During 2016 to 2021 and Reach $3.2 Billion by 2021

Jamco Corp: ICE Galley for A350XWB

Market Attractiveness by Galley Equipment Type

Extensive Market Research Report from Stratview Research includes Trends, Forecasts, Competitive Analysis and Strategic Growth Opportunities.

DETROIT, MI, UNITED STATES, September 21, 2016 /EINPresswire.com/ -- Stratview Research announces the launch of a new market research report on Global Aerospace Galley Equipment Market by Aircraft Type (Narrow Body, Wide Body, Very Large Body, Regional, and Business Aircraft), by Platform (B737, B747, B777, B787, A320 Family, A330 / A340, A350 XWB, A380, B737 Max, B777X, A320 neo, E 175, C Series, Others), by Galley Type (Standard, Modular, and Customized), by Insert Type (Electrical and Non Electrical), by Fit Type (Line and Retro), by Region (North America, Europe, Asia Pacific, Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021
This market report from Stratview Research studies the aerospace galley equipment market over the period 2010 to 2021. 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 Global Aerospace Galley Equipment Market: Highlights

Stratview Research foresees a strong growth of 5.9% (CAGR) in the aerospace galley equipment market over the next five years (2016 – 2021) to reach $3.2 billion, which offers an opportunity to the aerospace industry players to align themselves with the market growth.
There are a number of factors bolstering the growth of galley equipment market in aerospace industry. The author of the industry report cited increasing passenger traffic, increasing commercial aircraft deliveries, growing aircraft fleet size, and increase in share of wide body aircraft as the most prominent growth drivers of the global aerospace galley equipment market.
Commercial aircraft is expected to be the growth engine of the galley equipment market
The author stated that the commercial aircraft segment is expected to remain the growth engine of the aerospace galley equipment market during the forecast period. Both OEM and aftermarket segments are likely to offer healthy growth opportunity over the next five years. Among the brake types, line fit retrofit segment is likely to offer a healthy opportunity over the next five years in the global aerospace galley equipment market due to their excellent performance.
The global aerospace galley equipment market is highly consolidated with less than half a dozen players. Key manufacturers are Zodiac Aerospace, Jamco Corporation, BE 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.
•Strategic growth opportunities for the existing and new players.
•Key success factors.

Other Reports from Stratview Research in the Aerospace & Defense Industry

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.
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