Galley Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Galley Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:

The global galley equipment market size reached US$ 7.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.1% during 2023-2028.

Galley equipment refers to various on-board kitchen appliances used in land-, water- and air-borne vessels for cooking and storage of food materials. They include various non-electric inserts, such as serving pots, trays, racks, trolleys and trash compartments, along with electric inserts, such as food processing equipment, refrigeration systems and washing machinery. They are usually compact, robust, rigid and designed for maximum efficiency and optimum utilization of the available space.

The expanding travel and tourism industry represent as one of the key factors driving the growth of the market. Furthermore, a significant increase in the sales of modern aircraft and the rising number of fleet deployments across the globe is also providing a boost to the market growth. There is also widespread adoption of light-weight galley equipment in various ships and aircrafts that aid in enhancing the operational efficiency of the vessel, along with providing comfort and convenience for the passengers. Additionally, the increasing demand for modular galleys is also creating a positive outlook for the market growth. Manufacturers are developing innovative and aesthetically appealing product variants that can be customized according to the requirements of the customers. This provides an improved travel experience through advanced structural and module interfaces, such as panel-inserts. Other factors, including rapid urbanization and extensive research and development (R&D) activities in the aviation industry, are projected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global galley equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, aircraft type, ship type, fit and application.

Breakup by Type:

Aviation Galleys
Ship Galleys

Aviation Galleys Breakup by Aircraft Type:

Single-aisle
Twin-aisle
Business General Aviation

Ship Galleys Breakup by Ship Type:

Surface Ships
Amphibious Ships
Passenger Vessels
Recreational Boats
Bulk Carriers

Breakup by Fit:

Line Fit
Retro Fit

Breakup by Application:

Aviation
Marine

Breakup by Region:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Aerolux Limited, Air Cabin Engineering Inc., Aluminox S.A., B/E Aerospace Inc., Bucher Group, Diehl Stiftung & Co. Kg, Diethelm Keller Aviation Pte Ltd., Jamco Corporation, Jeitek, Kang Li Far East Pte Ltd., Loipart AB, Meili Marine USA, Zodiac Aerospace Ltd., etc.

Key Questions Answered in This Report:
How has the global galley equipment market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global galley equipment market?
What is the breakup of the market based on the aircraft type?
What is the breakup of the market based on the ship type?
What is the breakup of the market based on the type?
What is the breakup of the market based on the fit?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global galley equipment market and who are the key players?
What is the degree of competition in the market?