Overview and Scope
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.
Sizing and Forecast
The aircraft galley market size has grown strongly in recent years. It will grow from $5.84 billion in 2023 to $6.17 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to airline industry growth, focus on passenger comfort and experience, efficiency and space utilization, catering service optimization, advancements in galley equipment.
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.
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Segmentation & Regional Insights
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
Top 5 Major Players:
- JAMCO Corporation,
- Safran SA,
- Diehl Stiftung & Co. KG,
- AIM Altitude Holding Limited,
- Zodiac Aerosystems SAS
North America was the largest region in the aircraft galley market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global aircraft galley market report during the forecast period. The regions covered in the aircraft galley market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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
Key Industry Players
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.
The aircraft galley market report table of contents includes:
1. Executive Summary
2. Aircraft Galley Market Characteristics
3. Aircraft Galley Market Trends And Strategies
4. Aircraft Galley Market – Macro Economic Scenario
5. Global Aircraft Galley Market Size and Growth
….
31. Global Aircraft Galley Market Competitive Benchmarking
32. Global Aircraft Galley Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Aircraft Galley Market
34. Aircraft Galley Market Future Outlook and Potential Analysis
35. Appendix
List of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Aircraft Galley Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Aircraft Galley Market, Segmentation By Fit, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Aircraft Galley Market, Segmentation By Galley Inserts, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 75: JAMCO Corporation Financial Performance
Table 76: Safran SA Financial Performance
Table 77: Diehl Stiftung & Co. KG Financial Performance
Table 78: AIM Altitude Holding Limited Financial Performance
Table 79: Zodiac Aerosystems SAS Financial Performance
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