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The aircraft galley equipment market worldwide is experiencing robust growth, with a noteworthy CAGR projected for the forecast period until 2032. Aircraft galley equipment refers to the various appliances and devices required to prepare and serve food and beverages in commercial aircraft. As galley equipment provides an optimized in-flight facility utilizing minimum space mainly at the front and back side of the aircraft, most of the aircraft service providers or manufacturers use this for better customer service. Aircraft galley equipment includes electric inserts such as water boilers, coffee makers, beverage makers, chiller and refrigeration systems, and non-electric inserts such as racks, service pots, trays, dishes and trolleys, and trash compactors.
The rapidly increasing demand for air travel has prompted aircraft manufacturers and business jet leasing companies to offer passengers innovative and luxurious onboard experiences. Aircraft galley equipment’s ecosystem comprises raw material suppliers, galley manufacturers, and technology, maintenance, and support providers.
One of the critical drivers for the aircraft galley equipment market is the energy-efficient and cost-efficient galley provision to the regional airline providers. The low-cost carrier model of galley equipment is one of the recent designs to offer many passengers pay-per-demand services. But, technological and design complexity, such as reducing size and weight, is the major constraint for galley manufacturers.
Additionally, the rapid technological advancement and the increasing requirement for customized galley and modular galley equipment will also provide vital opportunities for the growth of aircraft galley equipment.
COVID-19 has significantly impacted the aircraft galley equipment market due to reduced air passenger traveling during the pandemic. Also, several restrictions after the COVID-19 pandemic, such as consuming foods in airline services, preserving foods and beverages, changing meals, and immense focus on hygiene, affected aircraft galley equipment which slowed down the growth of this market. This pandemic disrupted the global supply chain system, including this market, for which there was a delay in equipment delivery. Moreover, the galley size must be minimized for reduced passenger traffic, which also changed the maintenance schedule.
The aircraft galley equipment market is fragmented into five types. By type, it is segmented into standard, modular and customized. Based on utilization, this market is divided into food, refrigeration, beverages, and others. Based on fit, this market is fragmented into line and retro. By aircraft, the market is segmented into narrow-body, wide-body, regional, and business jets. Based on inserts type, it is segmented into electric and non-electric. From a geographical view, the market is categorized into North America, Asia Pacific, Europe, and Rest of the World.
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This market is highly consolidated, with the limited number of top players operating globally. The Asia Pacific market is highly growing in coming years because this region’s air passenger traffic is being driven by the region’s strong economic growth as well as the favorable demographic characteristics of the people. In the last few years, the region has experienced a considerable rise in air passenger traffic, largely as a result of the tourist locations there and the accessibility of flying. This trend is anticipated to continue in the upcoming years.
By Type | By Utilization | By Fit | By Aircraft | By Inserts | By Geography |
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