Press release
Aircraft Galley Carts Global Market Report 2024 - By Demand, Size, Trends And Outlook, Forecast To 2033
"The new report published by The Business Research Company, titled Aircraft Galley Carts Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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 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%.
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Surging Air Passenger Traffic Fuels Growth In The Aircraft Galley Cart Market
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.
Diehl Aviation Transforms Aircraft Cabin Experience With Esmartgalley
Technological advancements are a key trend gaining popularity in the aircraft galley carts market. Major companies operating in the aircraft galley carts market are adopting new technologies to sustain their position in the market. For instance, in June 2022, Diehl Aviation, a Germany-based aerospace company, introduced eSmartGalley, a revolutionizes aircraft cabin experience by introducing advanced technologies and cabin communication architectures to benefit airline operators, crew, and passengers. It incorporates state-of-the-art features such as digital inventory management and RFID-trolley detection, reducing crew workload and allowing them to prioritize passenger needs. This leads to improved and personalized services, creating opportunities for additional ancillary revenues. With the eSmartGalley, intercom functions, checklists, passenger orders via airline apps, power levels, refrigeration monitoring, and safety check-ups can be monitored and adjusted in real time from anywhere in the cabin using cabin attendant panels or handheld devices. This IoT-based technology enables airlines to collect, process, and transmit data, empowering them to offer predictive health management and other data-driven services.
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
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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
Contents of the report:
1. Executive Summary
2. Aircraft Galley Carts Market Report Structure
3. Aircraft Galley Carts Market Trends And Strategies
4. Aircraft Galley Carts Market - Macro Economic Scenario
5. Aircraft Galley Carts Market Size And Growth
…..
27. Aircraft Galley Carts Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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