Global Aircraft Galley Inserts Market Size By Type (Cooker, Coffee Maker), By Application (Norrow-body Aircrafts, Wide-body Aircrafts), By Region, And Segment Forecasts, 2023 to 2031
Report Id: 12180 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Aircraft Galley Inserts Market
is projected to experience significant growth from 2023 to 2031, driven by
increasing air passenger traffic and the rising demand for enhanced in-flight
services. In 2023, the market was valued at USD 4.1 billion and is expected to
surpass USD 7.5 billion by 2031, growing at a compound annual growth rate
(CAGR) of 7.2%. Aircraft galley inserts, including ovens, coffee makers,
refrigerators, and other essential equipment, play a vital role in improving
the overall passenger experience, as airlines focus on modernizing and
upgrading in-flight services to cater to evolving customer expectations.
Drivers:
Rising Air Passenger Traffic: The expansion
of the global aviation industry, especially in emerging economies, is fueling
demand for galley inserts as airlines seek to enhance their in-flight services
and cater to more passengers.
Focus on Passenger Experience: Airlines are
increasingly investing in state-of-the-art galley inserts to offer high-quality
food and beverages, further driving market growth.
Aircraft Fleet Expansion: The rise in the
number of aircraft deliveries, especially in the Asia-Pacific region,
contributes to the increased demand for galley equipment.
Restraints:
High Initial Costs: The cost of advanced
galley inserts can be prohibitively high for smaller airlines, limiting market
penetration, particularly in price-sensitive regions.
Maintenance and Regulatory Challenges:
Galley inserts require regular maintenance, and strict aviation regulations can
complicate the integration of new technologies.
Opportunities:
Technological Advancements: Innovations in
energy-efficient galley inserts, such as lighter materials and smart
appliances, present significant growth opportunities.
Emerging Markets: The increasing adoption
of galley inserts in developing regions like Asia-Pacific and the Middle East
offers substantial growth potential.
Market
by System Type Insights:
The oven segment accounted for the largest
market share in 2023 due to its essential role in providing hot meals during
flights. However, the coffee maker segment is expected to witness the highest
growth rate, driven by increased demand for premium in-flight beverage
services.
Market by End-Use Insights:
In terms of end-use, the commercial
aircraft segment held the largest market share in 2023, as airlines prioritize
upgrading their galley inserts to improve in-flight service offerings. The
business jet segment is also growing, fueled by the demand for luxury services.
Market
by Regional Insights:
North America led the global market in
2023, supported by the region's robust aviation industry and strong demand for
premium in-flight services. However, the Asia-Pacific region is projected to
register the highest growth rate, driven by the rapid expansion of air travel
and fleet modernization programs in countries like China and India.
Competitive
Scenario:
Key players in the market include Zodiac
Aerospace, Diehl Aerospace GmbH, JAMCO Corporation, B/E Aerospace (Collins
Aerospace), and Rockwell Collins. These companies are focusing on product
innovation and strategic partnerships to maintain their market positions. For
instance:
In 2023, Zodiac Aerospace launched an
energy-efficient galley insert system designed to reduce power consumption by
15%.
In 2022, Collins Aerospace introduced a
smart galley system integrating IoT technology to improve in-flight service
efficiency.
Scope
of Work – Global Aircraft Galley Inserts Market
Report
Metric |
Details |
Market Size (2023) |
USD 4.1 billion |
Projected Market Size (2031) |
USD 7.5 billion |
CAGR (2023-2031) |
7.2% |
Key Segments |
By System Type (Ovens, Coffee Makers,
Refrigerators), By End-Use (Commercial Aircraft, Business Jets) |
Growth Drivers |
Rising Air Passenger Traffic, Focus on
Passenger Experience, Aircraft Fleet Expansion |
Opportunities |
Technological Advancements, Emerging
Markets Expansion |
Key
Market Developments:
2023: Zodiac Aerospace launched a new range
of energy-efficient ovens.
2022: JAMCO Corporation introduced a
lightweight refrigerator for business jets.
2025: Diehl Aerospace partnered with a
major airline to develop custom galley solutions for luxury flights.
FAQs:
What is the current market size of the
Global Aircraft Galley Inserts Market?
The market size in 2023 is USD 4.1 billion.
What is the major growth driver of the
Global Aircraft Galley Inserts Market?
The major growth driver is rising air
passenger traffic and the focus on improving in-flight passenger experience.
Which is the largest region during the
forecast period in the Global Aircraft Galley Inserts Market?
North America is the largest region, but
Asia-Pacific is expected to witness the highest growth rate.
Which segment accounted for the largest
market share in the Global Aircraft Galley Inserts Market?
The oven segment accounted for the largest
share in 2023.
Who are the key market players in the
Global Aircraft Galley Inserts Market?
Key players include Zodiac Aerospace, JAMCO
Corporation, Diehl Aerospace GmbH, and Collins Aerospace.
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