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The global aerospace galley trolley market offers a healthy growth opportunity over the next five years to reach an estimated value of US$ 335.0 million in 2023. Increasing production rates of world s best-selling commercial aircraft, such as B737, A320 family, B787, and A350XWB, an advancement in trolley technology and design, increasing demand for lightweight galley trolley, and growing aircraft fleet size are the key forces that are driving the demand for galley trolleys in the aerospace industry.
Aircraft galley trolley is an important equipment in an aircraft cabin interior. Both airline companies and galley trolley manufacturers believe that galley and galley trolley can have a direct or indirect impact on a passenger s flight experience. A technically poor and unhygienic trolley can make a passenger s experience unpleasant. On the other hand, the indirect passenger experience is driven by the level of satisfaction of the flight crew as a consequence of their experience with their equipment, such as galley trolley.
Some of the factors impacting the overall market is the volatility in crude oil prices that plummets the operating margin of airlines severally as crude oil roughly accounts for 30% of the operating cost of an airline company. This pushes the airline companies to demand fuel-efficient aircraft for improving their profit margins. This imprint huge pressure in the entire supply chain of the aerospace industry. Engine manufacturers are also not untouched with such factors and have started developing fuel-efficient engines utilizing advanced technology and lightweight materials that can withstand high temperature with greater durability. Development of LEAP and GE9x engines are such examples.
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The key growth drivers of the aerospace galley trolley are:
Increasing Commercial and Regional Aircraft Deliveries
Increasing Wide Body Aircraft Share in the Global Commercial Aircraft Deliveries
Increasing Global Commercial Aircraft Fleet Size
Stratview Research has done a rigorous study on the aerospace galley trolley in its recently launched market report. Market forecast has been done after considering the views of key decision makers, extensive desk research, key market drivers and challenges, apart from our market expertise. Identify the most important factors and opportunities impacting your business decisions.
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Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter's five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
This report studies the Aerospace Galley Trolley and has segmented the market in five ways, keeping in mind the interest of all the stakeholders across the value chain. The following are the five ways in which the market is segmented:
Global Aerospace Galley Trolley Market by Aircraft Type:
Narrow-Body Aircraft
Wide-Body Aircraft
Very Large Aircraft
Regional Aircraft
Business Jets
Global Aerospace Galley Trolley Market by Aircraft Program Type:
B737
B777
B787
A320 Family
A330/A340
A350 XWB
A380
B737 Max
B777x
A320 neo
A330 neo
E 175
C Series
Others
Global Aerospace Galley Trolley Market by Trolley Type:
Meal/Bar Trolley (Half-Size, and Full-Size)
Waste Trolley
Folding Trolley
Global Aerospace Galley Trolley Market by Fit Type:
Line Fit
Retro Fit
Global Aerospace Galley Trolley Market by Region:
North America (Country Analysis: the USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
Rest of the World (Sub-Region Analysis: the Middle East, Latin America, and Others)
Stratview Research has several high value market reports in the global Aerospace & Defense industry. Please refer to the following link to browse through our reports:
Click Here for Other Reports from Stratview Research in the Aerospace & Defense Industry
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Release ID: 488339