The galley equipment market is forecasted to grow by USD 3184.3 mn during 2023-2028, accelerating at a CAGR of 5.59% during the forecast period. The report on the galley equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for lightweight galley equipment, an increasing number of orders for commercial aircraft and cruise ships, and a growing number of passengers.
Technavio's galley equipment market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
5.22%
CAGR
5.59%
Incremental Value
$3184.3mn
ByApplication
Marine
Aviation
ByType
Single-aisle
Twin-aisle
Business general aviation
ByGeography
North America
APAC
Europe
Middle East and Africa
South America
This study identifies the rising demand for customized galley systems as one of the prime reasons driving the galley equipment market growth during the next few years. Also, energy-saving control systems and the growing prevalence of retrofitting and renovation activities will lead to a sizable demand in the market.
The report on the galley equipment market covers the following areas:
Galley equipment market sizing
Galley equipment market forecast
Galley equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading galley equipment market vendors that include Aerolux Ltd., Air Cabin Engineering Inc., Aluminox S.A., Astronics Corp., AVIC Cabin Systems Ltd., Bucher Leichtbau AG, Diehl Stiftung and Co. KG, Direct Aviation Group, ETI Tech LLC, Euro Composites SA, Geven Spa, GN Espace Galley Solutions Ltd., Goltens Worldwide Management Corp., JAMCO Corp., Kang Li Far East Pte Ltd., Loipart AB, Miele and Cie. KG, RTX Corp., Safran SA, and The Boeing Co. Also, the galley equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Galley Equipment Market 2018 - 2022
Historic Market Size - Data Table on Global Galley Equipment Market 2018 - 2022 ($ million)