Global Aircraft Galley Equipment Market Size By Fit (Line Fit, Retro Fit), By Gallery Type (Single Aisle, Twin Aisle), By Application (Aviation, Marine), By Geographic Scope And Forecast
Report ID: 350420|No. of Pages: 202
Global Aircraft Galley Equipment Market Size By Fit (Line Fit, Retro Fit), By Gallery Type (Single Aisle, Twin Aisle), By Application (Aviation, Marine), By Geographic Scope And Forecast
Aircraft Galley Equipment Market Size and Forecast
Aircraft Galley Equipment Market size was valued at USD 3.4 Billion in 2023 and is projected to reach USD 5.4 Billion by 2031 growing at a CAGR of 5.74% from 2024 to 2031.
- Aircraft galley equipment includes the specialized appliances and equipment used in aircraft kitchens for food preparation, cooking, storage and serving. This equipment, which includes ovens, refrigerators, food warmers and beverage dispensers, is designed to meet stringent safety and operational standards while maximizing space efficiency in a small area.
- The major purpose of airplane galley equipment is to cook and serve meals to passengers and crew on flights. These appliances must work efficiently in a variety of environments while adhering to health laws. Furthermore, galley equipment contributes significantly to the passenger experience by offering high-quality meals and beverages on board.
- In the future, aircraft galley equipment is anticipated to alter in response to technological and environmental advances. Innovations may include energy-efficient equipment, smart cooking technologies and improved cuisine storage solutions. The focus will shift towards reducing waste, improving meal quality and accommodating diverse dietary preferences, ensuring a better overall experience for passengers.
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Global Aircraft Galley Equipment Market Dynamics
The key market dynamics that are shaping the global aircraft galley equipment market include:
Key Market Drivers:
- Growing Air Passenger Traffic:The rise in worldwide air travel is increasing demand for aircraft galley equipment. IATA anticipated that worldwide aviation passenger traffic will reach 8.2 billion by 2037, nearly doubling from 4.4 billion in 2018, necessitating the purchase of new aircraft and catering equipment.
- Increasing Demand for Lightweight Galley Equipment: Airlines are prioritizing fuel efficiency, resulting in higher demands for lighter galley equipment. According to the ICAO, reducing aircraft weight by 1% can reduce fuel consumption by 0.75-1.5%, hence increasing demand for new, lightweight galley solutions.
- A Growing Trend of Personalized In-Flight Meal Options: The push towards individualized meal alternatives is driving up demand for adaptable galley equipment. According to IFSA, 63% of airlines experienced a rise in special meal requests between 2015 and 2020, encouraging investment in innovative galley systems.
Key Challenges:
- High Initial Investment Costs: The high initial investment costs present a significant hurdle for the airline galley equipment business. When airlines upgrade or construct new equipment, they incur significant costs due to the use of innovative materials and technology. This financial barrier may dissuade airlines from using sophisticated technology, stifling market expansion.
- Stringent Regulatory Standards: Stringent regulatory regulations have a considerable impact on the airline galley equipment business. Compliance with stringent aircraft safety regulations involves extensive testing and certification procedures. This frequently leads to higher prices and longer timetables for manufacturers and airlines, hindering the development and deployment of new equipment and limiting industry innovation.
- Limited Space in Aircraft: Due to the limited space available in aircraft, galley equipment must be both small and functional. The design of equipment must maximize space efficiency while retaining high performance levels. This persistent struggle demands producers to innovate continually, balancing the need for practicality with the functional requirements essential for in-flight operations.
Key Trends:
- Modular Galley Design: Modular galley design provides flexibility and customization, allowing airlines to tailor layouts to specific flight requirements. This strategy maximizes space use and enables a variety of service patterns, making it easier for cabin crew to handle food preparation and service, eventually increasing operating efficiency during flights.
- Smart Technology Integration: Smart technology integration in aircraft galleys entails the use of automated and IoT-connected devices. These innovations simplify procedures like food preparation and storage management, resulting in greater efficiency. Smart technologies increase in-flight service quality by allowing for real-time monitoring and data-driven decisions.
- Sustainability Focus: The sustainability focus in aircraft galleys indicates an increasing commitment to ecologically friendly methods. Airlines are increasingly choosing for equipment with energy-saving features and environmentally acceptable materials. This moves accords with the broader industry aspirations to reduce carbon footprints and promote greener operations, ultimately contributing to a more sustainable aviation sector.
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Global Aircraft Galley Equipment Market Regional Analysis
Here is a more detailed regional analysis of the global aircraft galley equipment market:
North America:
- According to Verified Market Research, North America is expected to dominate the global aircraft galley equipment market.
- North America is expected to dominate the worldwide aviation galley equipment market. The region’s large commercial aircraft fleet is principally responsible for its dominance. In 2023, the FAA recorded roughly 7,500 commercial aircraft in the United States, with a predicted annual growth rate of 1.7% through 2040.
- This steady growth needs continual investment in new aircraft purchases and replacements, guaranteeing that airlines can sustain and improve their operations. As a result, demand for modern galley equipment will continue to climb, cementing North America’s dominance in this industry.
Asia Pacific:
- According to Verified Market Research, Asia Pacific is fastest growing region in global aircraft galley equipment market.
- The need for airplane galley equipment is being driven by the increasing development in air passenger traffic and airline fleet expansion in the Asia-Pacific region. By 2037, with 3.9 billion passengers, Asia-Pacific will carry more than half of all air travelers worldwide, according to IATA.
- Furthermore, according to Boeing, the area will get 17,645 new aircraft by 2041, which would require sophisticated galley systems to fulfill rising service requirements and support growing fleets in this rapidly developing market.
Global Aircraft Galley Equipment Market: Segmentation Analysis
The Global Aircraft Galley Equipment Market is segmented based Fit, Gallery Type, Application and Geography.
Aircraft Galley Equipment Market, By Fit
- Line Fit
- Retro Fit
Based on Fit, the Global Aircraft Galley Equipment Market is separated into Line Fit, Retro Fit. Line Fit leads the worldwide market for airplane galley equipment because it is integrated throughout aircraft building, guaranteeing efficiency and compatibility. Retro Fit is becoming more popular but is still uncommon.
Aircraft Galley Equipment Market, By Application
- Aviation
- Marine
Based on Application, Global Aircraft Galley Equipment Market is divided into Aviation, Marine. The aviation industry dominates the global aircraft galley equipment market as its bigger scale and higher demand for modern galley systems in commercial and military aircraft, as opposed to the marine sector.
Aircraft Galley Equipment Market, By Gallery Type
- Single Aisle
- Twin Aisle
Based on Gallery Type, Global Aircraft Galley Equipment Market is divided into Single Aisle, Twin Aisle. The single aisle type dominates the worldwide airplane galley equipment market because it is widely used in narrow-body aircraft, which are common on regional and short-haul flights.
Key Players
The Global Aircraft Galley Equipment Market study report will provide valuable insight with an emphasis on the global market. The major players in the market are Aerolux Limited, Air Cabin Engineering, Inc., Aluminox S.A., B/E Aerospace Inc., Bucher Group, Diehl Stiftung & Co. Kg, Diethelm Keller Aviation Pte Ltd., Jamco Corporation, Jeitek, Kang Li Far East Pte Ltd., Loipart AB, Meili Marine USA, Zodiac Aerospace Ltd.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Global Aircraft Galley Equipment Market Recent Developments
- In April 2023, Welbilt maritime unveiled GalleyCare. It is a comprehensive maritime care package that includes repair (including spare parts), maintenance, support and galley technology monitoring to guarantee smooth operations with routine maintenance.
- In February 2022, Bucher supplied Airbus Toulouse with the first set of custom galleys and stowages so that they could be integrated onto STARLUX’s brand-new A330-900neo.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2020-2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Period | 2020-2022 |
| Key Companies Profiled | Aerolux Limited, Air Cabin Engineering, Inc., Aluminox S.A., B/E Aerospace Inc., Bucher Group, Diehl Stiftung & Co. Kg, Diethelm Keller Aviation Pte Ltd |
| Segments Covered | By Fit, By Gallery Type, By Application, and By Geography. |
| Customization scope | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
- Provision of market value (USD Billion) data for each segment and sub-segment.Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players.
- The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
- It provides insight into the market through Value Chain.
- Market dynamics scenario, along with growth opportunities of the market in the years to come.6-month post-sales analyst support.
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL AIRCRAFT GALLEY EQUIPMENT MARKET
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Assumptions
1.5 Limitations
2 RESEARCH METHODOLOGIES
2.1 Data Mining
2.2 Secondary Research
2.3 Primary Research
2.4 Subject Matter Expert Advice
2.5 Quality Check
2.6 Final Review
2.7 Data Triangulation
2.8 Bottom-Up Approach
2.9 Top-Down Approach
2.10 Research Flow
2.11 Key Insights from Industry Experts
2.12 Data Sources
3 EXECUTIVE SUMMARY
3.1 Market Overview
3.2 Ecology Mapping
3.3 Absolute Market Opportunity
3.4 Market Attractiveness
3.5 Aircraft Galley Equipment Market: Geographical Analysis (CAGR %)
3.6 Aircraft Galley Equipment Market, By Fit (USD Million)
3.7 Aircraft Galley Equipment Market, By Gallery Type (USD Million)
3.8 Aircraft Galley Equipment Market, By Application (USD Million)
3.9 Future Market Opportunities
3.10 Global Market Split
3.11 Product Lifeline
4 GLOBAL AIRCRAFT GALLEY EQUIPMENT MARKET OUTLOOK
4.1 Automatic Dependent Surveillance-Broadcast (ADS-B) Market: Evolution
4.2 Drivers
4.2.1 Driver 1
4.2.2 Driver 2
4.3 Restraints
4.3.1 Restraint 1
4.3.2 Restraint 2
4.4 Opportunities
4.4.1 Opportunity 1
4.4.2 Opportunity 2
4.5 Impact of COVID–19 on the Retail Logistics Market
4.6 Porter’s Five Forces Analysis
4.7 Value Chain Analysis
4.8 Pricing Analysis
4.9 Macroeconomic Analysis
5 GLOBAL AIRCRAFT GALLEY EQUIPMENT MARKET, BY FIT
5.1 Overview
5.2 Line Fit
5.3 Retro Fit
6 GLOBAL AIRCRAFT GALLEY EQUIPMENT MARKET, BY GALLERY TYPE
6.1 Overview
6.2 Single Aisle
6.3 Twin Aisle
7 GLOBAL AIRCRAFT GALLEY EQUIPMENT MARKET, BY APPLICATION
7.1 Overview
7.2 Aviation
7.3 Marine
8 GLOBAL AIRCRAFT GALLEY EQUIPMENT MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Developments
9.4 Company Regional Footprint
9.5 Company Industry Footprint
9.6 ACE Matrix
10 COMPANY PROFILES
10.1 Aerolux Limited
10.1.1 Overview
10.1.2 Company Insights
10.1.3 Business Breakdown
10.1.4 Product Outlook
10.1.5 Key Developments
10.1.6 Winning Imperatives
10.1.7 Current Focus and Strategies
10.1.8 Threat From Competition
10.1.9 Swot Analysis
10.2 Air Cabin Engineering, Inc.
10.2.1 Company Overview
10.2.2 Company Insights
10.2.3 Business Breakdown
10.2.4 Product Benchmarking
10.2.5 Key Developments
10.2.6 Winning Imperatives
10.2.7 Current Focus & Strategies
10.2.8 Threat from Competition
10.2.9 SWOT Analysis
10.3 Aluminox S.A.
10.3.1 Company Overview
10.3.2 Company Insights
10.3.3 Business Breakdown
10.3.4 Product Benchmarking
10.3.5 Key Developments
10.3.6 Winning Imperatives
10.3.7 Current Focus & Strategies
10.3.8 Threat from Competition
10.3.9 SWOT Analysis
10.4 B/E Aerospace Inc.
10.4.1 Company Overview
10.4.2 Company Insights
10.4.3 Business Breakdown
10.4.4 Product Benchmarking
10.4.5 Key Developments
10.4.6 Winning Imperatives
10.4.7 Current Focus & Strategies
10.4.8 Threat from Competition
10.4.9 SWOT Analysis
10.5 Bucher Group
10.5.1 Company Overview
10.5.2 Company Insights
10.5.3 Business Breakdown
10.5.4 Product Benchmarking
10.5.5 Key Developments
10.5.6 Winning Imperatives
10.5.7 Current Focus & Strategies
10.5.8 Threat from Competition
10.5.9 SWOT Analysis
10.6 Diehl Stiftung & Co. Kg
10.6.1 Company Overview
10.6.2 Company Insights
10.6.3 Business Breakdown
10.6.4 Product Benchmarking
10.6.5 Key Developments
10.6.6 Winning Imperatives
10.6.7 Current Focus & Strategies
10.6.8 Threat from Competition
10.6.9 SWOT Analysis
10.7 Diethelm Keller Aviation Pte Ltd
10.7.1 Company Overview
10.7.2 Company Insights
10.7.3 Business Breakdown
10.7.4 Product Benchmarking
10.7.5 Key Developments
10.7.6 Winning Imperatives
10.7.7 Current Focus & Strategies
10.7.8 Threat from Competition
10.7.9 SWOT Analysis
10.8 Jamco Corporation
10.8.1 Company Overview
10.8.2 Company Insights
10.8.3 Business Breakdown
10.8.4 Product Benchmarking
10.8.5 Key Developments
10.8.6 Winning Imperatives
10.8.7 Current Focus & Strategies
10.8.8 Threat from Competition
10.8.9 SWOT Analysis
10.9 Jeitek
10.9.1 Company Overview
10.9.2 Company Insights
10.9.3 Business Breakdown
10.9.4 Product Benchmarking
10.9.5 Key Developments
10.9.6 Winning Imperatives
10.9.7 Current Focus & Strategies
10.9.8 Threat from Competition
10.9.9 SWOT Analysis
10.10 Kang Li Far East Pte Ltd
10.10.1 Company Overview
10.10.2 Company Insights
10.10.3 Business Breakdown
10.10.4 Product Benchmarking
10.10.5 Key Developments
10.10.6 Winning Imperatives
10.10.7 Current Focus & Strategies
10.10.8 Threat from Competition
10.10.9 SWOT Analysis
11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations
12 Appendix
12.1 Related Research
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
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- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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