The galley is the on-board kitchen on a water-borne or air-borne vessel, used for cooking food and storage of various food materials. Due to the limited size available on a vessel, the galley in various ships and aircrafts needs to be compact and efficient for optimum utilization of available space. Furthermore, considering the heavy nature of the ships and turbulence experienced during the voyage, the galley in such vessels needs to be robust and rigid. These factors have led to the increasing demand for movement resistant and fixed galley equipment in ships and aircrafts. On-board galley equipment makes use of various overhead cabins and compact fixtures to offer optimum storage capacity and capability. In addition, galley equipment needs to be user friendly to offer higher convenience and improved user experience. The global galley equipment market is broadly segmented into aviation galley equipment and marine galley equipment. The aviation galley equipment includes various non-electric inserts such as serving pots, rack/tray, trash compactor and trolleys. Furthermore, electric inserts such as beverage makers, chillers, water boilers, coffee makers, air chillers, food warmer, refrigeration systems and dishwaters are installed as a part of aviation galley equipment. Such equipment is widely adopted in various aircrafts including wide-body aircraft, narrow-body aircraft, large aircraft and other commercial aircrafts.
The marine galley equipment includes various non-electric inserts such as buffet/bar counters, canopies and hoods, trash compactors and stainless steel panel systems. In addition, various electric inserts including food processing equipment, cooking equipment, refrigeration systems and washing machineries are installed in marine vessels. The marine galley equipment has found applications in surface ships, amphibious ships, submarines, recreational boats, passenger vessels and bulk carriers.
One of the major factors driving the growth of galley equipment market across the world is the increasing demand for light weight galley equipment. Rising adoption of advanced light-weight galley equipment has driven the overall galley equipment market. Increasing demand for comfort and convenience in various ships and aircrafts has led to the growing demand for state-of-the-art galley equipment. Furthermore, growing demand for ships and aircrafts for leisure and commercial purposes has directly driven the demand for galley equipment across the world. Despite its immense applications, the growth of galley equipment market faces a few restraints. Increasing popularity of low-cost carriers for various commercial and personal purposes has hindered the growth of galley equipment. Furthermore, companies in this market face a constant challenge of reducing weight and size of galley equipment.
Increasing opportunities such as modular galleys and customized galley equipment has made the galley equipment market lucrative in recent years. Leading companies in this market seek to offer galley equipment specifically designed and developed to meet individual requirements. In addition, companies focus on providing comprehensive galley set-up with complete functional and storage capabilities. Some of the key players in the galley equipment market include B/E Aerospace, Inc., Diehl Aerospace GmbH, Kang Li Far East Pte. Ltd., Loipart AB, Jeitek Co. Ltd., Jamco Corporation, Bucher Leichtbau AG, Almaco Group, Reinhold & Mahla AG and Zodiac Aerospace.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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