The Increasing Number of Contracts and Expansions has Helped in Accelerating the Growth of the Galley Equipment Market in Europe

Europe has the highest fleet of commercial aircrafts and the demand for new aircrafts is on the rise in this region. Also, the region constitutes the largest number of business jets in the world, and after the global economic downturn of 2007, the region has witnessed a significant rise in corporate profits, which led to an increased demand for business jets. Thus, with the increasing demand for commercial and business jets, the requirement for different electric inserts in aircraft galleys is on the rise.

On the other hand, in the marine application segment, Europe has an increased demand for passenger vessels due to which the requirement for customized galley equipment has automatically risen.

Germany is one of the major end-users of galley equipment, globally, due to the rising demand for commercial aircraft and private jets, along with the rising capacity of naval and cruise ships. The prime drivers of the aviation galley equipment market in Germany are the rise in corporate profits and substantial economic recovery. These factors have contributed to the hike in demand for commercial aircraft and business jets. The rising fleet size of cruise ships, along with the modernization of defense surface vessels, is a major driver for the marine galley equipment market in Germany.

In 2014, the segment in France held a market share of 48.9% in the aviation galley equipment market and 69.0% in the marine galley equipment market in Europe. The demand for aviation galley equipment in the country is expected to rise due to the rising demand for business jets from emerging economies. The demand for marine galley equipment in France is expected to rise due to the rising demand for cruise ships, along with increasing requirement of ships by defense forces to chart Arctic waters.

In-depth profiling of the key players has been conducted in this market analysis, along with the recent developments (including business expansions, agreements, collaborations, and joint ventures) and strategies adopted by the players to sustain and strengthen their position in the European galley equipment market.

The major participants operating in the European galley equipment market are Zodiac Aerospace, Diehl Group, B/E Aerospace, Bucher Group, Loipart AB, and United Technologies Inc. Zodiac Aerospace held the largest market share of 37.0% in the European galley equipment market in 2014. A diversified product portfolio within galley equipment and better geographic coverage enabled Zodiac Aerospace to generate maximum revenues from the market in the European region. B/E Aerospace and Bucher Group followed Zodiac Aerospace, accounting for market shares of 21.0% and 15.0% respectively in 2014.

More Information here: http://www.micromarketmonitor.com/market/europe-galley-equipment-2144514524.html

Advancements in Technology are Driving the Market for Non-lethal Weapons in North America

North America is the leading producer of non-lethal weapons and the top spender of R&D for non-lethal weapons capabilities. It is focused on strengthening its overall security, which has a significant impact on its spending on non-lethal weapons. Concerns towards safety and proven success rate of non-lethal weapons to control the crowd more effectively are the leading factors for the growth of non-lethal weapons market in North America.

The U.S. holds the largest share of the North America’s non-lethal weapons market. This large share is attributed to various factors, such as economic slump, unemployment, and social issues.

The report includes in-depth profiles of the key market players, along with the recent developments (including business expansions, agreements, collaborations, and joint ventures) and strategies adopted by these players to sustain and strengthen their position in the North America non-lethal weapons market.

The key players include NonLethal Technologies, Inc. (U.S.), TASER International, Inc. (U.S.), Raytheon Company (U.S.), Lamperd less Lethal Inc. (Canada), LRAD Corporation (U.S.), and AMTEC Less-Lethal Systems, Inc. (U.S.).

More Information here: http://www.micromarketmonitor.com/market/north-america-non-lethal-weapons-2088583027.html

Increasing Demand for More Electric Aircrafts to Offer Opportunities for Market Leaders in Emerging Countries

“GLOBAL COMMERCIAL AIRCRAFT BATTERIES AND ACCESSORIES MARKET - Analysis and Forecast (2013-2019)”

Over the last decade, commercial aircraft batteries have witnessed significant developments throughout the world. It enables the aircraft manufacturers to focus on developing electric aircrafts or more electric aircrafts. North America (U.S. and Canada) and a major part of the European region are matured markets for commercial aircraft batteries and accessories. However, the developing regions such as Asia-Pacific (including China and India) and Middle East (including Saudi Arabia, UAE) are expected to become the new revenue-generating markets for commercial aircraft batteries. The commercial aircraft batteries and accessories market in these emerging regions is primarily driven by various economic developments. Moreover, with most of the primary functions of the aircraft being powered by the electrical system, manufacturers want to invest in new technologies that are highly reliable, less hazardous, and offer reduced maintenance cost. These are some other factors fueling the growth of the commercial aircraft batteries and accessories market. Due to the aforementioned favorable growth conditions in the emerging countries, a number of players in the commercial aircraft batteries and accessories market are investing in them. For instance, in January 2014, Enersys acquired UTS Holdings Sdn. Bhd., headquartered in Kuala Lumpur, Malaysia. This acquisition, along with recent investments in their Indian business, is expected to help them expand their presence into fast-growing markets such as Asia.

In the Asia-Pacific region, the commercial aircraft batteries and accessories market in China is estimated to grow at the highest CAGR in the next five years. A number of factors such as rising disposable income, positive GDP forecast for next 10 years, and increasing air traffic are the major drivers contributing to the growth of the commercial aircraft batteries and accessories er of R&D activities market in China.

Over the next five years, the nickel cadmium batteries segment will account for major market share but lithium batteries is one of the fastest growing markets owing to factors such as cheap cost, higher energy density than nickel cadmium, and lightweight. Several companies such as Saft Groupe S.A. and Concorde are investing in this high-growth market in order to gain higher profits and increase their shares in the global commercial aircraft batteries and accessories market. For instance, in April 2012, ACK Technologies, Inc. chose Saft Groupe S.A. to provide Lithium-sulfur-dioxide (Li-SO₂) batteries to support emergency location transmitters (ELT), which are used in general aviation and commercial aviation aircraft. Under this contract, more than 60,000 battery cells would be delivered by Saft. The contract offers a good production opportunity for the company.

More more information:

http://www.micromarketmonitor.com/market-report/commercial-aircraft-batteries-and-accessories-reports-7905816973.html