Asia Pacific (APAC) Aircraft Galley Equipment Market (2020-2026) | Analysis, Value, Share, Trends, Companies, Outlook, Revenue, Industry, Forecast, Size, COVID-19 IMPACT & Growth

Asia Pacific Aircraft Galley Equipment market driver includes different specifications demanded by certain airlines as airlines targeting high-profile clients want to provide the best service to their customers. Thus, they look for high-quality galley equipment that enables them to serve their customers well with fresh food and drinks. Furthermore, companies focus on providing a wide-ranging galley setup with complete functional and storage capacities. The Asia-Pacific region has been experiencing healthy growth in the aviation industry over the past few years, primarily because of the growing demand for new aircraft deliveries in the region, which in turn is anticipated to enhance the market growth. However, the COVID pandemic had a major effect on the supply chain of the aircraft galley equipment market due to restrictions on transport facilities like travel bans and quarantine. As the pandemic stunted demand for new aircraft in early 2020, manufacturers trimmed airline production rates and were creating aircraft they were unable to deliver.

According to 6Wresearch, Asia Pacific (APAC) Aircraft Galley Equipment Market size is anticipated to register growth during 2020-26. At present, Asia Pacific accounts for the highest revenue share in the overall Aircraft Galley Equipment market. Furthermore, as demand for aircraft grows rapidly in the Asia Pacific, global aircraft manufacturers are opening new production sites in countries such as China and Japan. For the past decade, China has been crafting its specific planes to challenge the control of western manufacturers in the aircraft galley sector. Additionally, Southeast Asia is becoming an important region for the maintenance, repair, and overhaul of the Aircraft Galley Equipment market.

Some of the key players in the Asia Pacific market include Aerolux Limited, Air Cabin Engineering Inc, Mitsubishi (Japan), and Huaxin Aviation Spare Manufacturer (China).

Based on fit, the retrofit segment dominates the overall Asia Pacific market and is projected to display a similar trend over the forecast period. Further, in terms of inserts, electric and non-electric inserts have seen growth in the market owing to spending in naval forces by the government on defense aircraft.

Asia Pacific Aircraft Galley Equipment market report thoroughly covers the market by galley type, fit, inserts, applications channels, and countries including India, China, Japan, Australia, Thailand, Malaysia, and the rest of Asia Pacific. Asia Pacific Aircraft Galley Equipment outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific Aircraft Galley Equipment trends, opportunities/high growth areas, and market drivers which would help the investors to develop and align their market tactics according to the present and upcoming market dynamics.

Asia Pacific Aircraft Galley Equipment Market is projected to witness substantial growth in the forthcoming years backed by the increased replacement of the product with the rising availability of customized and modular galley equipment. Additionally, the rising travel vloggers across the region is estimated to bolster air flights bookings which subsequently increasing the development of aircraft’s galley as a result it is estimated to boost the demand for galley equipment as well which is further expected to proliferate the growth of the Asia Pacific aircraft galley equipment market in the coming time zone. 

Key Highlights of the Report

• Asia Pacific Aircraft Galley Equipment Market Outlook
• Asia Pacific Aircraft Galley Equipment Market Overview
• Asia Pacific Aircraft Galley Equipment Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Asia Pacific Aircraft Galley Equipment Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Galley Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Fit
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Inserts
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for India Aircraft Galley Equipment Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for China Aircraft Galley Equipment Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Japan Aircraft Galley Equipment Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for South Korea Aircraft Galley Equipment Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Rest of Asia Pacific Aircraft Galley Equipment Market
• Market Drivers and Restraints
• Asia Pacific Aircraft Galley Equipment Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Asia Pacific Aircraft Galley Equipment Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Galley Type:
  • Standard Galley
  • Modular Galley
  • Customized Galley
• By Fit:
  • Line Fit
  • Retro Fit
• By Inserts:
  • Electric
  • Non-electric Inserts
• By Application:
  • Narrow-Body
  • Wide-Body
  • Very Large Body
  • Regional Body
  • Business Jets
• By Countries:
  • India
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific

Frequently Asked Questions About the Market Study (FAQs):