MRO Magazine

Research and Markets: North America Galley Equipment Market by Type (Electric Galley Inserts, Non-Electric Galley Inserts), Application (Marine and Aviation), and Geography (U.S. and Canada) – Analysis and Forecasts to 2019


May 6, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/6xpfj2/north_america) has announced the addition of the “North America Galley Equipment Market by Type, Application, and Geography – Analysis and Forecasts to 2019” report to their offering.

The market is valued at $526.3 million in 2014 and is expected to reach $638.7 million by 2019. Among all the countries, the U.S. is dominating the North American galley equipment market

The U.S. market was valued at $440.7 million in 2014 and is projected to reach $523 million by 2019 at a CAGR of 3.6%.

An in-depth market share analysis, in terms of revenue, of the leading companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, and annual reports. A detailed market share analysis of the major players in the North American galley equipment market has been covered in this report. The major companies dominating this market are B/E Aerospace, Zodiac Aerospace, Bucher Group, and Diehl Stiftung & Co. Kg.

Key findings:

  • North America has the highest fleet of commercial aircraft and the demand for new commercial aircraft and business jet is on the rise in this region. Thus, with increasing demand for commercial and business jets, the requirement of galley in aircraft is on the rise.
  • The cruise industry in North America enjoyed systematic growth in the past and with more passengers opting for cruise travel in the region, new cruise ships with increased capacities are expected to be delivered in the future. Owing to the rising capacity of cruise ships, the market for marine galley equipment is expected to grow considerably by 2019.
  • U.S. is the fastest growing market in the North American region. The prime drivers of the galley equipment market in the U.S. are rise in corporate profits and substantial economic recovery. These factors have contributed to the hike in demand for commercial aircraft and business jets. The major driver of the marine galley equipment market in the U.S. is the rising fleet size of cruise ships, along with modernization of defense surface vessels.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Galley Equipment Market, By Application

6 Galley Equipment Market, By Type

7 Galley Equipment Market, By Geography

8 Galley Equipment Market: Competitive Landscape

9 Galley Equipment Market: By Company

– Air Cabin Engineering, Inc.

– Almaco Group

– B/E Aerospace, Inc.

– Bucher Group

– Diehl Stiftung & Co. Kg

– Haeco Group

– Loipart AB

– Zodiac Aerospace

For more information visit http://www.researchandmarkets.com/research/6xpfj2/north_america

Research and Markets
Laura Wood, Senior Manager
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Sector: Aerospace and Defence, Aviation