Press release
Comprehensive Aircraft Galley Carts Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Which drivers are expected to have the greatest impact on the over the aircraft galley carts market's growth?The increase in air passenger traffic is anticipated to drive the aircraft galley cart market's expansion. Air passenger traffic pertains to the collective number of passengers who travel via commercial planes within a set timeframe, which is often assessed over days, months, or years. Aircraft galley carts are essential in conveniently storing, transporting, and providing meals, snacks, and drinks to passengers during flights. For example, the Canada-based trade association, International Air Transport Association, reported in April 2023 that total traffic (in Revenue Passenger Kilometers (RPK) saw a rise of 55.5% in February 2023 compared to the same month in 2022. The domestic traffic for February 2023 also saw a 25.2% increase from February 2022. Hence, the escalating air passenger traffic is fuelling the expansion of the aircraft galley carts market.
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What is the future CAGR of the aircraft galley carts market, and how will it impact industry expansion?
The market for aircraft galley carts has seen significant expansion in recent times. It is projected to increase from a valuation of $4.01 billion in 2024 to $4.29 billion in 2025, with a compound annual growth rate (CAGR) of 7.2%. Factors contributing to the growth in the historical period include the rise in air travel, emphasis on improving passenger experience, regulatory conformity, internationalization of airline services, and the push for operational effectiveness.
Anticipated robust expansion is in sight for the aircraft galley carts market in the following years, with its size projected to reach $5.59 billion in 2029, with a compound annual growth rate (CAGR) of 6.8%. The increase throughout the forecast period can be associated with factors such as the growing popularity of premium cabin services, the focus on green initiatives, the inclusion of progressive catering technologies, the shift in airline business models, and a heightened emphasis on cleanliness and safety. The dominant trends for the speculated period encompass the application of energy-saving technologies, adherence to aviation guidelines, remote supervision and upkeep, improved connectivity and entertainment, and the incorporation of contact-free technologies.
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What are the most significant trends transforming the aircraft galley carts market today?
The increasing influence of technological advancements in the aircraft galley carts market is a significant trend. Industry leaders in this market are turning to new technologies to maintain their competitive edge. An example of this occurred in June 2022 when Germany's Diehl Aviation launched the eSmartGalley. By incorporating advanced technologies and cabin communication architectures, the eSmartGalley revolutionizes the in-flight experience for airline operators, crew members, and passengers. Standout features include digital inventory management and RFID-trolley detection, which streamline crew duties and enable them to focus more on catering to passenger needs. As a result, airlines are able to deliver enhanced and customized services that could generate additional revenue. With eSmartGalley, aspects like intercom operations, checklists, passenger orders via airline apps, power levels, refrigeration supervision, and safety inspections can be tracked and regulated in real time from any cabin location via cabin attendant panels or handheld gadgets. The IoT technology within eSmartGalley allows airlines to gather, process, and distribute data, which paves the way for predictive health management and other data-based services.
Which key market segments comprise the aircraft galley carts market and drive its revenue growth?
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
Subsegments:
1) By Meal Or Bar Trolley: Standard Meal Trolley, Beverage Cart, Snack Cart
2) By Waste Trolley: Standard Waste Trolley, Recycling Trolley
3) By Folding Trolley: Lightweight Folding Trolley, Heavy-Duty Folding Trolley
4) By Other Types: Storage Cart, Service Cart
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What regions are at the forefront of aircraft galley carts market expansion?
North America was the largest region in the aircraft galley carts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft galley carts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the aircraft galley carts market?
Major companies operating in the aircraft galley carts market include Safran Cabin, Diehl Stiftung & Co. KG, Zodiac Aerospace, Jamco Corporation, AIM Altitude, Geven S.p.A., MySky SkyCart, 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
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What Is Covered In The Aircraft Galley Carts Global Market Report?
• Market Size Forecast: Examine the aircraft galley carts market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the aircraft galley carts market for a structured understanding.
• Key Players Overview: Analyze major players in the aircraft galley carts market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the aircraft galley carts market.
• Segment Contributions: Evaluate how different segments drive overall growth in the aircraft galley carts market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the aircraft galley carts market.
• Industry Challenges: Identify potential risks and obstacles affecting the aircraft galley carts market.
• Competitive Landscape: Review strategic developments in the aircraft galley carts market, including expansions, agreements, and new product launches.
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