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Galley Equipment Market

Galley Equipment Market by Fit (Line Fit, Retro Fit), by Galley Type (Single Aisle, Twin Aisle, Business Aviation), by Galley Inserts (Electric Inserts and Non-Electric Inserts), by Application (Aviation, Marine), by Regions and Global Forecast 2022-2028

Report Id: SNS/A&D/2238 | July 2022 | Region: Global | 131 Pages

Report Scope & Overview:

Galley Equipment Market Size was valued at USD 6.68 billion in 2021 and US$ 6.99 billion in 2022, expected to reach USD 8.94 billion by 2028, and grow at a CAGR of  4.25% over the forecast period 2022-2028.

Onboard kitchen gadgets used for cooking and storing food materials aboard land, sea, and aerial boats are referred to as galley equipment. They include non-electric and electric components such as serving pots, trays, racks, trolleys, and trash compartments, as well as food processing equipment, chillers, and washing machines. One of the primary factors driving market expansion during the forecast period is the rising travel and tourist industry.

Galley Equipment Market Revenue Graph

MARKET DYNAMICS:

KEY DRIVERS:

  • Demand for Lightweight Galley Equipment is Growing

  • Customization of Galleys Based on Customer Preference

RESTRAINTS:

  • Shipment delays as a result of new programme

  • Suppliers' Adoption of a Wait-and-See Strategy

OPPORTUNITIES:

  • Increased Customer Experience Demand

  • Shipments are increasing in Asia-Pacific, Latin America, and the Middle East.

CHALLENGES:

  • Increasing Efficiency by Reducing Equipment Space and Weight

  • Different Galley Design Preferences

THE IMPACT OF COVID-19

The epidemic of Covid 19 has harmed the performance of the aviation galley equipment industry. Air traffic has decreased as a result of the implementation of severe social distance and lockdown standards and guidelines. It has hampered market expansion. However, according to the thorough aeroplane galley equipment industry prediction, the market will recover in the future as the number of flyers increases. As a result, the elimination of lockdown guidelines could resurrect the market and help it thrive in the future.

The Galley Equipment Market is classified according to Application, Aircraft Type, Ship Type, Insert Type, and Fit. The global market is divided into four applications: aviation, marine, defence, and commercial. The global market is divided into three categories: single-aisle, twin-aisle, and business general aviation.

Surface Ships, Amphibious Ships, Passenger Vessels, Recreational Boats, and Bulk Carriers are the global market segments. The global market is segmented by Insert Type into Aviation Galleys, Electric Insert, Non-Electric Insert, Ship Galleys, Electric Insert, and Non-Electric Insert. The global market is divided into two segments based on fit: Line Fit and Retro Fit.

A large increase in modern aircraft sales, as well as an increase in fleet deployments around the world, is also contributing to market growth. There is also significant usage of lightweight galley equipment in various ships and aeroplane, which helps to improve operating efficiency while also providing comfort and convenience for passengers, propelling market growth in the next years. If airlines used better galleries, they would be able to serve nicer food and beverages. These factors could have a significant impact on worldwide market performance. The growing demand for modular galleys is also helping to drive market expansion.

Manufacturers are producing novel and aesthetically appealing product versions that can be customised to meet the needs of customers, boosting market expansion in the future years. Furthermore, factors such as rising urbanisation and substantial R&D activities in the aviation industry are expected to drive the market in the next years. Despite its diverse applications, the galley equipment market's progress is limited by a few problems. The increasing popularity of low-cost carriers for a wide range of commercial and personal purposes has hampered the growth of galley equipment. Furthermore, the necessity to reduce the weight and size of galley equipment is a constant problem for businesses in this area

KEY MARKET PLAYERS

Rockwell Collins Inc., JAMCO Corporation, Bucher Group, Aerolux, Turkish Cabin Interior, Korita Aviation, Zodiac Aerospace, AIM Altitude, Diehl Stiftung & Co. KG., and other players.

KEY MARKET SEGMENTS:

by Aircraft Type

  • Single-aisle

  • Twin-aisle

  • Business general aviation

by Application

  • Aviation

  • Single-aisle

  • Twin-aisle

  • Business general aviation

  • Marine

  • Defense

  • Commercial

by Insert Type

  • Aviation Galleys

  • Electric Insert

  • Non-Electric Insert

  • Ship Galleys

  • Electric Insert

  • Non-Electric Insert

by Fit

  • Line Fit

  • Retro Fit

by Ship Type

  • Surface Ships

  • Amphibious Ships

  • Passenger Vessels

  • Recreational Boats

  • Bulk Carriers

Galley Equipment Market Segment Chart

REGIONAL ANALYSIS:

The APAC region is expected to have the highest growth rate in the galley equipment market during the projected period. The region has seen significant growth in the aviation and marine industries in recent years, owing mostly to rising demand for new aircraft deliveries and an increase in the region's marine fleet, which is expected to benefit the galley equipment market. This expansion can also be linked to increased government spending on strengthening naval forces, which increases the disposable income of the citizenry in emerging markets such as India and China.

The North American Galley Equipment Market is predicted to grow rapidly due to the increasing number of commercial aircraft and the region's desire for new commercial aircraft and business jets. Furthermore, the cruise industry in North America is expanding as more people opt for cruise travel in the region; new cruise ships with expanded capacity are likely to be delivered in the future, fueling market expansion.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Galley Equipment Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 6.68 Billion
Market Size by 2028 US$ 8.94 Billion
CAGR CAGR of 4.25% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Fit (Line Fit, Retro Fit)
• By Galley Type (Single Aisle, Twin Aisle, Business Aviation)
• By Galley Inserts (Electric Inserts and Non-Electric Inserts)
• By Application (Aviation, Marine)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Rockwell Collins Inc., JAMCO Corporation, Bucher Group, Aerolux, Turkish Cabin Interior, Korita Aviation, Zodiac Aerospace, AIM Altitude, Diehl Stiftung & Co. KG., and other players.
DRIVERS • Demand for Lightweight Galley Equipment is Growing
• Customization of Galleys Based on Customer Preference
RESTRAINTS • Shipment delays as a result of new programme
• Suppliers' Adoption of a Wait-and-See Strategy


Frequently Asked Questions (FAQ) :

According to SNS insiders, the Galley Equipment Market size was USD 6.68 billion in 2022 and is expected to reach USD 8.94 billion by 2028 with a CAGR of  4.25% over the forecasted period.

North America, Europe, Asia-Pacific, The Middle East & Africa, Latin America are the major region cover.

The sample for the Galley Equipment Market report is available on the website upon request. To obtain the sample report, you can also use the 24*7 chat support and direct call services.

Yes, this report cover top down, bottom up Quantitative Research.Qualitative Research, Fundamental Research, data triangulation, ID’s & FGD’s Analytical research, And other as per report requirement.

Manufacturers/Service provider, Consultant, Association, Research institute, private and universities libraries, Suppliers and Distributors of the product. 


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Galley Equipment Market, by Aircraft Type

8.1 Single-aisle

8.2 Twin-aisle

8.3 Business general aviation

 

9.Galley Equipment Market, by Application

9.1 Aviation

9.2 Single-aisle

9.3 Twin-aisle

9.4 Business general aviation

9.5 Marine

9.6 Defense

9.7 Commercial

 

10.Galley Equipment Market, by Insert Type

10.1 Aviation Galleys

10.2 Electric Insert

10.3 Non-Electric Insert

10.4 Ship Galleys

10.5 Electric Insert

10.6 Non-Electric Insert

 

11.Galley Equipment Market, by Fit

11.1 Line Fit

11.2 Retro Fit

 

12.Galley Equipment Market, by Ship Type

12.1 Surface Ships

12.2 Amphibious Ships

12.3 Passenger Vessels

12.4 Recreational Boats

12.5 Bulk Carriers

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

 

14.Company Profiles

14.1 Diehl Stiftung & Co. KG

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 Turkish Cabin Interior

14.3 Korita Aviation

14.4 Zodiac Aerospace

14.5 Rockwell Collins Inc.

14.6 JAMCO Corporation

14.7 AIM Altitude

14.8 Bucher Group

14.9 Aerolux

 

15. Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share analysis

15.3 Recent Developments

 

16. Conclusion

 

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Secondary Research

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