Global Aircraft Galley Equipment Market is expected to grow gradually at significant CAGR over the forecast period as the scope and its application are rising enormously across the globe. Aircraft galleys are designed for well-organized usage for the staff associates within the partial space in the cabin, with prominence on functionalities and sturdiness. Most probably light weight elements are preferred for any aircraft equipment.
The prominent factors that are playing major role in the Aircraft Galley Equipment Market are, growing demand for energy-efficient aircraft from Asia Pacific, rising commercial aircraft deliveries, increasing aircraft fleet size. Moreover, the cost-efficient commercial model and basic service policy approved by the local airlines have increased the demand for new aircraft in the Asia Pacific region.
With the presence of multinational manufacturers, the market is highly competitive. To lead the market manufacturers are concentrating to achieve cost-effectiveness in their product by using advanced technologies, enhancing the skills of the present facilities and ranging their business to Asia Pacific.
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Aircraft Galley Equipment Market is segmented based on type, application, and region. Aircraft Galley Equipment Market is classified, by type into Galley Frames, Galley Inserts, Galley Carts, and others. Aircraft Galley Equipment Market is classified, by application into Regional Jets, Wide Body Aircrafts, and Narrow Body Aircrafts.
Narrow body aircrafts segment accounted for the largest market share of the Aircraft Galley Equipment Market and will continue its dominance over the forecast period. This is mainly due to growing concentration on fuel efficacy and the higher request for narrow-body aircraft. It is expected that there will be need for new narrow-body aircraft over forecast period.
Aircraft Galley Equipment Industry is segmented, geographically into North America, Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa. North American regional market accounted for the largest market share of the Aircraft Galley Equipment Industry and will remain dominant over the forecast period. This is mainly due to increasing demand for new routes connecting national and international terminuses; the strong economy in North American countries is strengthening internal traffic. Aircraft Galley Equipment Industry key players are, Zodiac Aerospace, Aerolux, Jamco, B/E Aerospace, Aeroaid, Dynamo Aviation Factory, Airbase Interior, Hannams, and Diehl Stiftung.
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