How big is the Aircraft Galley Market?

The Aircraft Galley Market size is expected to reach USD 3.60 billion in 2024 and grow at a CAGR of 5.74% to reach USD 4.75 billion by 2029. Read More

What is the current Aircraft Galley Market size?

In 2024, the Aircraft Galley Market size is expected to reach USD 3.60 billion. Read More

Who are the key players in Aircraft Galley Market?

Collins Aerospace (RTX Corporation), Bucher Leichtbau AG, JAMCO Corporation, Safran SA and Aerolux Ltd. are the major companies operating in the Aircraft Galley Market. Read More

Which is the fastest growing region in Aircraft Galley Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Aircraft Galley Market?

In 2024, the North America accounts for the largest market share in Aircraft Galley Market. Read More

What years does this Aircraft Galley Market cover, and what was the market size in 2023?

In 2023, the Aircraft Galley Market size was estimated at USD 3.39 billion. The report covers the Aircraft Galley Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aircraft Galley Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Aircraft Galley Equipment Market - Share, Analysis & Industry Size

Aircraft Galley Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Aircraft Galley Market is Segmented by Aircraft Type (Single-Aisle, Twin-Aisle, Business Jets), and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Aircraft Galley Industry Overview

The aircraft galley market is semi-consolidated due to the presence of a limited number of dominant vendors operating at a global level. The market is highly competitive, with players competing to gain the largest market share. Constraints associated with the design and weight of aircraft galley and cancellation of aircraft orders due to macroeconomic factors impede the growth of the market. Vendors must provide advanced systems to aircraft OEMs to survive in an intensely competitive market environment.

The dominant market players include Aerolux Ltd., JAMCO Corporation, Collins Aerospace (RTX Corporation), Safran SA, and Bucher Leichtbau AG. These players mainly compete based on their in-house manufacturing capabilities, global footprint network, product offerings, R&D investments, and strong client base.

For instance, in August 2021, Safran launched the MaxFlex galley for the Boeing B737 family. MaxFlex galley provides maximum flexibility, infinite combinations, and easy maintenance. More than 2,000 MaxFlex galleys are installed in the aircraft. Safran also offers SpaceFlex V2 Galley for Airbus A320/A321 aircraft. This galley maximizes an aircraft's floor space and opens an area for additional seats.

The competitive environment is likely to intensify further due to an increase in product/service extensions and technological innovations. For instance, in June 2023, Collins Aerospace (RTX Corporation) launched a diagnostic tool for problems in aircraft galleys. The diagnostic tool provides the data required to identify unit faults, which will lead to reduced time in troubleshooting and reduced the occurrence of misdiagnosing unit malfunctions.