Global Aircraft Galley and Monuments Market 2022-2032

$3,500.00

The aircraft galley, which is often a location in an aircraft where food is produced and cooked, is a crucial piece of equipment inside the airplane cabin. All of the equipment used in an airplane galley, including stoves and sink tops, is found there. Additionally, the airlines and galley manufacturers think it has an effect on passengers’ flying experiences directly or indirectly.

Description

The Aircraft galley is a vital equipment inside the airplane cabin, commonly a place in an aircraft where the food is prepared and cooked. The Aircraft galley contains all the aircraft galley equipment such as ovens, sink tops, etc. Moreover, the airlines and galley manufacturers believe it has a direct or indirect impact on the flight experience of the travelers. In addition, the key market players offer both non-electrical and electrical inserts to provide a qualitative outlook. An increase in air traffic is expected to fuel the growth of the aircraft galley market. Monuments are nothing but galleys, lavatories or storage units in modern aircraft. The aircraft monuments are block-shaped and arranged such to extend from the passenger cabin floor to the ceiling of the passenger cabin. The aircraft monuments divide the aircraft cabin into a plurality of seat blocks, such as for different seating classes. The aircraft monuments consist of a desk and movable part.

Major factors driving the growth of the market

There is a rise in the growth of the airplane galley and monuments market, due to the increase in passenger traffic. Moreover, initiatives of fleet expansion, along with the existing fleet modernization and performance are fuelling the growth of the market. The opportunities for global aircraft galley and monuments are the factors such as operation, maintenance, and repair. The airline industry raised its investments to provide better facilities to passengers, which in turn fueled the growth of the aircraft galley and monuments market.

Trends influencing the growth of the market

There is a demand due to increased passenger traffic. Among individuals, air travel is becoming rapidly increased due to changes in lifestyle, competitive airline services, increase in disposable income, and others. These factors also demand the growth of aircraft galleys. In addition, there is a huge competition between airline industries, which fuels them to introduce the best services in the form of aircraft galleys. Thus to grab customers’ attention and retain the market share, the aircraft galley plays a vital role, which in turn increases the growth of the aircraft galley market. There is a fostered growth in the market due to the modernization initiatives. Services are considered one of the important features in the airline industry. The better the services are the more positive the impact on business prospects. Moreover, the key market players are enriching their services by modernizing the aircraft. The airline operators are expanding the fleet due to increased passenger footfall, which in turn drives the demand for aircraft galley. The aviation industry also realizes the demand for low-cost carrier is increasing day by day. This aircraft focuses on increasing the number of passengers but the space restriction compromise various aspects such as inflight refreshment. This also fuels the growth of the aircraft galley market to existing system modernization and develop customized galleys with reduced size and weight that will fit in less space. These factors rises the demand for the growth of the aircraft galley and monuments market.

Market Dynamics

There is a significant increase in the sales of modern aircraft and a rising number of fleets across the globe, which in turn provides the growth of the aircraft galley and monument market. In various ships and aircraft, there is a widespread adoption of lightweight galley equipment which enhance the operational efficiency of the vessel and it provides convenience and comfort for the passengers. These factors drive the growth of the global galley market in the forthcoming years. Airlines can serve nicer food and beverages if they use better galleys. The global market performance is impacted by these factors. There is an increase in demand for modular galleys, which creates a positive impact on the market growth. Manufacturers are making innovative product variants that can be customized according to the customers’ interest, thus enhancing the growth of the market. In addition, factors like research activities in the aviation industry and urbanization are anticipated to drive the market in the forthcoming period. Though it has numerous applications, some of the factors have hampered the growth of the market. In addition, the increase in popularity of low- cost carriers for commercial and personal use has hampered the growth of galley equipment. Enterprises are always challenged, as they wanted to reduce the weight and size of the galley equipment.

Development

In more than a decade, Delta airlines is buying from US manufacturers 100 Boeing 737 Max planes 10. This is its first major order. From 2025 deliveries are said to begin. The deal had 30 more planes as an option. The order is worth $ 13.5 Billion. The Max planes are 20-30% more fuel efficient. India orders aircrafts which set to drive the global aircraft sales. Indian Airways and Jet airways are looking to buy aircrafts which are worth more than $45 billion.

Table of Contents

Market Definition

 

Market Segmentation

 

– By Region

– By Aircraft Type

– By Aircraft Size

 

10 Year Market Outlook

 

The 10-year market outlook would give a detailed overview of changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

 

Market Technologies

 

This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.

 

Global Market Forecast

 

The 10-year market forecast of this market is covered in detailed across the segments which are mentioned above.

 

Regional Market Trends & Forecast

 

The regional market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking.

 

North America

 

– Drivers, Restraints and Challenges

– PEST

– Market Forecast & Scenario Analysis

– Key Companies

– Supplier Tier Landscape

– Company Benchmarking

 

Europe

Middle East

APAC

South America

 

Country Analysis

 

This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.

 

US

– Defense Programs

– Latest News

– Patents

– Current levels of technology maturation in this market

– Market Forecast & Scenario Analysis

 

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

 

Opportunity Matrix

 

The opportunity matrix helps the readers understand the high opportunity segments in this market.

 

Expert Opinions

 

Hear from our experts their opinion of the possible outlook for this market.

 

Conclusions

 

About Aviation and Defense Market Reports

Countries Covered

US

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

Regions Covered

North America

South America

Europe

Middle East

Asia

Segments Covered

By Region

By Aircraft Type

By Aircraft Size