Press release
Aircraft Galley Carts Market Analysis, Share, Growth Trends And Segmentation 2024 To 2033
Aircraft Galley Carts Market
The Business Research Company presents an extensive market research report on the Aircraft Galley Carts Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The aircraft galley carts market size has grown strongly in recent years. It will grow from $3.79 billion in 2023 to $4.09 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to air travel growth, focus on passenger experience, regulatory compliance, globalization of airline services, demand for operational efficiency.
The aircraft galley carts market size is expected to see strong growth in the next few years. It will grow to $5.34 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to rising trend of premium cabin offerings, emphasis on sustainable practices, integration of advanced catering technologies, adaptation to changing airline business models, increased focus on hygiene and safety. Major trends in the forecast period include integration of energy-efficient technologies, compliance with aviation regulations, remote monitoring and maintenance, enhanced connectivity and entertainment, adoption of touchless technologies.
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Key Market Players:
Major companies operating in the aircraft galley carts market report are Safran Cabin, Diehl Stiftung & Co. KG, Zodiac Aerospace, Jamco Corporation, AIM Altitude, Geven S.p.A., MySky SkyCart, Architectural Brass Co., Dedienne Aerospace, Lacobucci HF Aerospace S.p.A., Driessen Aircraft Interiors Systems, Egret Aviation Co. Ltd., Aerolux Ltd., Rockwell Collins Inc., Norduyn Inc., Bucher Group, Flightweight, Korita Aviation, B/E Aerospace, Aeroservey Product Co. Ltd., VanDeBord, Guoguang Electric Co. Ltd. Chengdu, STEINCO, Jeitek, EnCore Group
Market Drivers:
The rising air passenger traffic is expected to propel the growth of the aircraft galley cart market going forward. Air passenger traffic refers to the total number of passengers traveling by air on commercial flights within a specific period, typically measured over days, months, or years. As more passenger's travel by air, there is an increased demand for in-flight services, including food and beverage offerings. Aircraft galley carts play a crucial role in efficiently storing, transporting, and serving passengers meals, snacks, and beverages during flights. For instance, in April 2023, according to International Air Transport Association, a Canada-based trade association, in February 2023, the total traffic (in Revenue Passenger Kilometers (RPK) increased by 55.5% compared to the same month in 2022, while the domestic traffic for February 2023 increased by 25.2% compared to February 2022. Therefore, rising air passenger traffic is driving the growth of the aircraft galley carts market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/aircraft-galley-carts-global-market-report
The aircraft galley carts market covered in this report is segmented -
1) By Type: Meal or Bar Trolley, Waste Trolley, Folding Trolley, Other Types
2) By Size: Full Size, Half Size
3) By Application: Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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