Published Date : 15 Jan 20 | Views: 125 | Industry : Machinery & Equipment
Cooking
Segment is Expected to be a Prominent Segment During the Projected Period
The
type segment of the market is divided into Beverages & Refrigeration,
Baking, Dishwasher, Cooking, and Miscellaneous furniture. The cooking equipment
is needed on ships for feeding the crew. This equipment is designed for limited
space and is resistant to the movement of the ship. This is likely to fuel the
growth of the cooking segment over the next few years.
The
application segment of the market is bifurcated into ship repair &
conversion and shipbuilding while the vessel type segment is segregated into
Passenger vessels, Offshore and special vessel, bulk containers and oil
tankers, yacht and other ships, general cargo and container ships, and naval
ships.
Large
U.S. navy fleet to Foster the Growth of the Regional Market
The
major market for the ship galley equipment in North America is the U.S. due to
the presence of a large fleet. Europe has a considerable amount of tourism,
which is likely to boost the growth of the market. South Korea along with Japan
are expected to be at the forefront of the shipbuilding industry in the
Asia-Pacific, which is likely to foster the growth of the Ship Galley Equipment
market.
Market
Player are Inclined to offer Advanced Equipment
Some
of the key players operating in the Ship Galley Equipment market are GN-Espace,
Metos Oy Ab, Miele & Cie. KG, Electrolux, WESCO Navy, MKN Maschinenfabrik
Kurt Neubauer GmbH & Co. KG, Goltens Worldwide Management Corp, Hobart UK,
and Loipart AB.
Market
players are keen to launch new products and are inclined to offer advanced
technical equipment for maritime.
WESCO
Navy, a major company has launched Oven BOB1, a baking oven with stainless
steel stand. The equipment can be mounted against the wall and it has built-in
switches, lamps, and thermostats.
Growing
Tourism to Foster the Growth of the Global Ship Galley Equipment Market
The rapidly growing tourism industry is likely to result in high demand for sea vessels like ferries and luxury cruise ships, which are popular with the tourists. This is likely to foster the growth of the Ship Galley Equipment market. Luxury Cruise ships, ferries, cargo, and other ships require cooking equipment such as refrigerators, dishwashers, and others. The galley ship equipment is used for cooking, food processing, storage, and also used as disposable units, and plating counters, which is driving the growth of the market.