Press release
Aircraft Galley Market Size, Share, Trends Analysis And Forecasts (2024 - 2033)
Aircraft Galley Market
The aircraft galley market size is expected to see strong growth in the next few years. It will grow to $7.53 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to demand for lightweight materials, demand for customization and personalization, focus on sustainability and eco-friendly materials, adaptation to changing travel trends, enhanced food safety and hygiene standards. Major trends in the forecast period include modular and flexible designs, emphasis on space optimization, integration of advanced appliances, enhanced food presentation and service, focus on ergonomics and workflow efficiency.
Market Overview -
An aircraft galley is a compartment where food is prepared on commercial airlines. It is a compartment on the aircraft that includes facilities to store and serve food and beverages, as well as flight attendant emergency equipment storage.
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Increasing Aircraft Numbers Drive Aircraft Galley Market
An increasing number of aircraft is expected to drive the growth of the aircraft galley market. Aircraft refers to any vehicle that is designed to fly through the air, either by using a static lift or dynamic lift of an airfoil or by direct downward thrust from its engines. Aircraft galleys are compartments in aircraft where food is stored, prepared, and placed in carts to deliver to passengers. For instance, in December 2022, a report published by the European Organization for the Safety of Air Navigation, a Belgium-based organization responsible for achieving safe and seamless air travel across Europe, 9.3 million flights were seen in 2022, which is 3.1 million more than in 2019 and 83% of traffic. Ryanair leads the list of airlines that have added the most flights (+77K more than in 2019), followed by Wizz Air (+30K). In contrast, Sky Express saw the biggest percentage growth (+51%), and DHL and SunExpress were the other two top freight carriers. Therefore, the increasing number of aircraft will promote the growth of the aircraft galley market
Competitive Landscape -
Major companies operating in the aircraft galley market report are JAMCO Corporation, Safran SA, Diehl Stiftung & Co. KG, AIM Altitude Holding Limited, Zodiac Aerosystems SAS, Raytheon Technologies Corporation, Aerolux Ltd., United Technologies Corporation, Bucher Leichtbau AG, Commercial Aircraft Equipment, Dynamo Aviation Inc., Korita AviationnB.V., MAPCO & Miller Metal MFG, TCI Turkish Cabin Interior, B/E Aerospace Consumables Management, Collins Aerospace Interiors, Kang Li Far East Pte Ltd., Loipart AB, Mecaer Aviation Group S.p.A., Norduyn Inc., Rockwell Collins Inc., Sabeti Wain Aerospace, SkyMart Venture Partners, Sonaca Aircraft, STS Aviation Group, Trenchard Aviation Group, United Technologies Aerospace Systems, Vartan Aviation Group, Airbase Interior Inc., Aviointeriors S.p.A.
Safran S.A. Revolutionizes Aircraft Galley Market With Maxflex Series
Product innovation is a key trend gaining popularity in the aircraft galley market. Major companies operating in the aircraft galley market are focused on developing innovative products to strengthen their position and gain a competitive advantage. For instance, in August 2021, Safran S.A., a France-based aerospace equipment manufacturer introduced a new aircraft galley series for the Boeing 737 family named MaxFlex. The modular MaxFlex galley offers extensive adaptability, limitless possibilities for configurations, and effortless upkeep. Over 2,000 airplanes have installed the MaxFlex galley.
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Key Segments -
The aircraft galley market covered in this report is segmented -
1) By Type: Standard Galley, Modular Galley, Customized Galley
2) By Fit: Line Fit, Retro Fit
3) By Galley Inserts: Electrical, Non-Electrical
4) By Application: Aviation, Military
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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