Global Market Study on Aerospace Galley Trolley and Containers: Lightweight & Sustainable Define the New Material Norms


Aerospace Galley Trolley And Container  Market
  • Report code : PMRREP19300 |
  • Industry : Automotive |
  • Published On : Sep-2019 |
  • Pages : 300 Pages |
  • Format : PPT PDF Excel Word

The global demand for aerospace galley trolleys and containers is directly correlated to the infrastructural development activities in the aircraft industry. Rising air passenger traffic worldwide is increasing the demand for more airplanes, which, results in the increasing production of airplanes. Moreover, growing aircraft traffic increases aircraft deliveries and, in turn, enhances the demand for aerospace galley trolleys and containers.

Furthermore, developing regions, such as SEAP (South East Asia and Pacific) and China, are expected to witness robust growth driven by rapid economic growth, which is estimated to hold a prominent share in the aerospace galley trolley and container market over the forecast period.

Lightweight Trolleys and Containers Are Witnessing High Demand

Airline owners are modifying their aircraft and installing new lightweight aerospace galley trolleys and containers to have better power efficiency. Weight is a major factor in the performance of any aircraft. Lightweight construction has always been an asset in an aircraft design as it helps in achieving an optimum ratio between the payload and range of an airplane. This is expected to create a positive impact on the aerospace galley trolley and container market.

Refurbishment with Sustainable Materials Boosting the Aerospace Galley Trolleys and Container Market

Lufthansa flights have taken ~30,000 new aerospace galley trolleys and containers during the past few years. All conventional trolleys are replaced with new quantum lightweight trolleys, and these trolleys have a progressive ecological impact. LSG Sky Chefs has developed a trolley entirely made of lightweight composite sand. Quantum lightweight trolleys are manufactured by Norduyn, a Montreal-based partner of LSG Sky Chefs. This factor is expected to fuel the growth of the aerospace galley trolley and container market in upcoming years.

aerospace galley trolley and container Market

Escalating Prices Will Indirectly Impact the Market Growth

Increasing prices of airline tickets might affect the demand for air travel, which, in turn, will inhibit the demand for new aircraft. This is expected to directly impact the growth of the aerospace galley trolley and container market. According to the IATA, the Middle East region is estimated to generate a profit margin of ~$300 million for a net margin of ~1%. However, the profit generated in 2016, was lower than expected. This, coupled with the increasing airport charges across Gulf States might act as a restraint for the aviation industry and indirectly affects the aerospace galley and trolley market.

Increasing Demand for Innovative Cabin Interior Solutions

The aircraft cabin interiors market has various opponents in each segment -- seats, galleys and monuments, lavatories, lighting, and windows. Market players in Latin America are expected to introduce innovations into the market. The recent trend in the market is technological advancements in the cabin interiors market, which will upsurge the effectiveness and efficiency of the equipment. For instance, in 2016, Zodiac AirCatering Equipment (Driessen Galley Equipment) launched its product line, which includes a suite of trolleys, standard units, drawers, and other galley inserts.

Increasing Influence of Regional Players Driving the Market

The global aerospace galley trolley and container market is evenly balanced between large players, who hold ~30-40% share in the overall market, with presence through regional and local distributors. Key strategies are the expansion of manufacturing facilities and launching of new products to strengthen their portfolio in the aerospace galley trolley and container market.

In 2016, Korita Aviation launched a new aerospace galley trolley and container called, Aluflite, which is lightweight galley equipment with innovative design, strength, and durability.

In May 2015, Norduyn Inc. launched a quantum flex trolley, its new product in the trolley segment of the aviation market.

The Analyst’s Viewpoint

A widespread view of the aerospace galley trolley and container market has led analysts to conclude that the market is growing at an impressive rate with North America and Asia Pacific holding a large share of the global aerospace galley trolley and container market. The Asia Pacific aerospace galley trolley and container market is expected to be an opportunistic market in terms of sales. Increasing disposable income and increasing tours, and travels across the globe will positively impact the aerospace galley trolley and container market. The aerospace galley trolley and container market is characterized by the presence of few big players from Europe and the Asia Pacific region. The trolley type sector is expected to dominate the global aerospace galley trolley and container market throughout the forecast period. The impact of decreasing aircraft production globally in the aerospace galley trolley and container market will remain moderate globally. Technological innovations by key market participants will also give impetus to the aerospace galley trolley and container market. The scope of replacement will boost the growth of the aerospace galley trolley and container market during the forecast period.

Persistence Market Research (PMR) recently published a study report on the global aerospace galley trolley and container market. The report provides detailed valuation on the key market dynamics such as drivers, trends, opportunities, restraints, and detailed information about the aerospace galley trolley and container market structure. This market research report represents exclusive facts and figures about how the aerospace galley trolley and container market will grow over the forecast period.

Key indicators of the market growth, such as value chain analysis and supply chain, Compounded Annual Growth Rate (CAGR), and Year-on-Year (Y-o-Y) growth of the market are explained in PMR’s study in a comprehensive manner. This information can help readers understand the quantitative development projections of the aerospace galley trolley and container market over the forecast period.

The study is relevant for manufacturers in the aerospace galley trolley and container market, including aerospace galley trolley and container stakeholders, distributors, suppliers, and investors, and it can also help them understand applicable strategies to grow in the aerospace galley trolley and container market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the aerospace galley trolley and container market can leverage the information and statistics presented in PMR’s research report.

The report includes facts & figures related to the macro as well as microeconomic factors that are impacting the growth of the aerospace galley trolley and container market. The study also offers actionable insights based on the future trends in the aerospace galley trolley and container market. Furthermore, regional players and new entrants in the aerospace galley trolley and container market can also use the information presented in this report to make business decisions and gain momentum in the market.

Key Segments of the Aerospace Galley Trolley and Container Market

PMR’s study on the aerospace galley trolley and container market is divided into four significant segments, such as product, fit, aircraft, and region. This report offers comprehensive data and information about the important market dynamics and growth parameters related to these categories.

Product

Fit

Aircraft

   Region

Trolley

  • Trolley Type
    • Meal/Bar
    • Waste Bin
    • Refrigerated
    • Folding
  • Trolley Lock Type
    • Electronic
    • Manual
  • Trolley Size
    • Full Size
    • Half Size

Line Fit

Narrow Body

North America

Container

  • Container Type
    • Ice Containers
    • Others
  • Container Lock Type
    • Electronic
    • Manual
  • Container Weight
    • Lightweight
    • Heavyweight

Retro Fit

Wide Body

   Latin America

Very Large

Europe

Regional

Asia Pacific

Middle East

Africa

Key Questions Answered in PMR’s Aerospace Galley Trolley and Container Market Report

  • Which region is anticipated to hold the prominent market share over the forecast period?
  • Which will be the key driving factors prompting the demand for aerospace galley trolley and containers during the forecast period?
  • How current trends will impact the aerospace galley trolley and container market?
  • Which are the significant market participants in the aerospace galley trolley and container market?
  • What are the crucial strategies of prominent players in the aerospace galley trolley and container market to upscale their positions in this landscape?

Aerospace Galley Trolley and Container Market: Research Methodology

In PMR’s research report, exclusive research methodology is utilized to conduct comprehensive research on the development of the aerospace galley trolley and container market and reach conclusions on the future growth factors of the market. In this research methodology, secondary and primary research is utilized by assistant analysts to ensure precision and reliability of the conclusions.

Secondary resources are referred by analysts during the evaluation of the aerospace galley trolley and container market study, which comprises of the facts and figures from IATA, GAMA, FAA, OEM websites, government websites, white papers, trade journals, and external and internal databases. Analysts have thoroughly interviewed several industry experts, such as sales supervisors, sales operation managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, and production managers to provide insightful information.

Comprehensive information acquired from primary resources and secondary resources is validation from companies in the aerospace galley trolley and container market to make PMR’s projection on growth prospects of the aerospace galley trolley and container market more accurate and reliable.

Company Profiles

  • Zodiac Aerospace 
  • Jamco Corporation 
  • Rockwell Collins, Inc.
  • Geven S.p.A. 
  • Korita Aviation 
  • Flightweight Ltd. 
  • Norduyn Inc. 
  • Bucher Group 
  • Trenchard Aviation Group Ltd
  • Egret Aviation Co., Ltd
  • Diethelm Keller Aviation Pte. Ltd.
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