PUBLISHER: Allied Market Research | PRODUCT CODE: 1365762
PUBLISHER: Allied Market Research | PRODUCT CODE: 1365762
According to a new report published by Allied Market Research, titled, "Aircraft Galley Market," The aircraft galley market was valued at $2.4 billion in 2022, and is estimated to reach $4.4 billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032 due to the growing refurbishment and renewal of old aircraft to extend aircraft life.
Aircraft galleys are equipped with various features and amenities, which may include storage units for food, beverages, and service items, cooking appliances such as ovens and coffee makers, preparation surfaces, and spaces for cabin crew to perform their duties efficiently. The design of galleys takes into account factors such as space optimization, ease of movement for cabin crew, and the capability to offer a range of dining options to passengers.
The aircraft galley market is experiencing notable growth trends that reflect the evolving demands of both airlines and passengers. Airlines are investing in innovative galley designs that go beyond mere functionality, creating spaces that deliver aesthetically pleasing and comfortable environments for passengers. These designs encompass appealing aesthetics, advanced materials, and efficient layouts that contribute to a more enjoyable in-flight dining and service experience.
Airlines are investing in advanced galley solutions that optimize space utilization, improve operational efficiency, and offer a wider range of dining options to passengers. These innovations contribute to better crew workflow, quicker meal service, and overall improved passenger satisfaction. Moreover, the trend of customization is playing a significant role. Airlines are tailoring their galley configurations to align with their brand identity and the preferences of their target passengers. Whether it's offering gourmet meals in premium cabins or catering to dietary requirements, this customization drives the demand for flexible and adaptable galley solutions.
Sustainability is also shaping the growth of the aircraft galley industry. Airlines are increasingly focused on eco-friendly practices and reducing their environmental impact. Galley designs that incorporate energy-efficient appliances, waste reduction strategies, and eco-conscious materials are gaining traction, in line with broader sustainability goals. Moreover, the rise of long-haul flights and ultra-long-haul routes is prompting airlines to invest in more comprehensive galley setups to cater to passengers' needs during extended travel times. This trend has led to the incorporation of larger galleys with enhanced storage, preparation, and service capabilities.
The aircraft galley market is segmented on the basis of galley type, fit, insert, application and region. By galley type, the market is segmented into standard galley, modular galley and customized galley. Further, based on fit, the market is segmented into line fit and retro fit. Based on insert, the market is segmented into electric and non-electric insert. By application, the market is segmented into narrow-body, wide-body and others.
Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA) including country-level analysis for each region. The major companies profiled in the aircraft galley market include Aerolux Ltd., AVIC Cabin Systems, Boeing, Bucher Group, Diehl Stiftung & Co. KG, Dynamo Aviation, GAL Aerospace Group, JAMCO Corporation, RTX and Safran.
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