Tuesday 2 August 2016

Galley Equipment Market - Global Industry Analysis, Growth, Trends, Forecast 2023

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.

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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.

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