The SNS Insider report indicates that the Galley Equipment Market was valued at USD 8.57 billion in 2023 and is expected to grow to USD 12.61 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.42% over the forecast period from 2024 to 2032.

The galley equipment market is witnessing a transformative phase characterized by a growing emphasis on innovation and efficiency. As the aviation industry continues to expand, driven by increased air travel and a heightened focus on passenger satisfaction, the demand for modern galley equipment is escalating. Airlines and catering companies are investing in advanced equipment that enables the efficient preparation and serving of high-quality meals, catering to the evolving preferences of travelers.

The scope of the market encompasses a wide array of products, including ovens, refrigerators, food warmers, beverage dispensers, and dishwashers, all designed to streamline operations and enhance the overall dining experience. Additionally, the rise in maritime tourism and the growing demand for catering services in cruise ships and luxury yachts are further propelling the market.

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Key Players:

• Rockwell Collins Inc.
• JAMCO Corporation
• Bucher Group
• Aerolux, Turkish Cabin Interior
• Korita Aviation
• Zodiac Aerospace
• AIM Altitude
• Diehl Stiftung & Co. KG.

The galley equipment market presents numerous growth opportunities, particularly in light of technological advancements. The integration of smart technologies, such as IoT-enabled appliances, is enhancing operational efficiency and food safety in galley operations. These innovations enable real-time monitoring of food temperatures and inventory levels, significantly reducing the risk of foodborne illnesses and waste.

Furthermore, the implementation of stringent food safety regulations and standards has necessitated the adoption of high-quality galley equipment that complies with international guidelines. This requirement has led to increased investments in technology and equipment that not only ensure food safety but also improve operational efficiency.

By Fit

In 2023, the line fit segment dominated the market, capturing 65.4% of the revenue share. Line-fit galley equipment, installed during the original manufacturing of aircraft or ships, showcases the latest innovations and design specifications tailored to specific models. This type of equipment is favored for its seamless integration with new builds, allowing airlines and shipbuilders to incorporate cutting-edge technologies from the outset.

The demand for retrofit galley equipment is driven by the need to modernize older fleets or vessels with more efficient, space-saving, and technologically advanced solutions. Airlines may choose to retrofit galleys to adapt to evolving passenger preferences or meet regulatory requirements, such as enhancing food service capabilities or boosting energy efficiency. Similarly, cruise lines often retrofit ship galleys to optimize space utilization and enhance onboard dining experiences without incurring the high costs of purchasing new vessels

By Application

In 2023, the marine segment dominated the market, accounting for a substantial revenue share of 63.36%. Galley equipment within the marine industry plays a vital role in ensuring the sustenance and comfort of crew members and passengers on various vessels, including cruise ships, ferries, and naval ships. Marine galleys are outfitted with specialized cooking appliances, refrigeration units, storage systems, and sanitation facilities, all designed to function efficiently in the challenging maritime environment. These galleys must meet strict safety and hygiene standards to ensure the well-being of onboard personnel and comply with international maritime regulations.

In the aviation segment, galley equipment is essential for ensuring passenger comfort and well-being during flights. Aircraft galleys are designed as compact yet efficient spaces, featuring specialized appliances and storage solutions that address the unique challenges of inflight catering. These galleys must adhere to stringent safety regulations while optimizing space utilization to accommodate different aircraft configurations and passenger capacities

Regional Landscape

In 2023, the Asia Pacific region led the galley equipment market with a revenue share of 37.6%, driven by the rapid growth of both the aviation and maritime industries. In aviation, airlines in countries such as Japan, South Korea, Australia, and India are modernizing their fleets to enhance passenger services and improve operational efficiency. The region hosts some of the world's busiest air routes, prompting airlines to invest in advanced galley equipment that optimizes inflight catering and accommodates diverse culinary preferences.

Additionally, the rise of tourism and leisure travel in Southeast Asia has boosted the demand for cruise ships, leading to increased investments in ship galley equipment that supports luxury dining experiences and onboard amenities.

In China, the galley equipment market is projected to grow at a robust CAGR of 5.1% during the forecast period. This demand is fueled by the rapid expansion of its aviation and maritime sectors. Chinese airlines emphasize efficiency and passenger comfort, driving the need for advanced galley solutions capable of handling rising passenger volumes and diverse culinary preferences. Moreover, the burgeoning cruise industry in China has further increased the demand for sophisticated ship galleys designed to meet the needs of a growing number of cruise passengers. As Chinese consumers increasingly value travel experiences, the demand for high-quality galley equipment continues to rise, bolstered by investments in new vessels and fleet expansions

Recent Developments

In April 2023, Welbilt Marine launched GalleyCare, a comprehensive service package designed for the marine sector. This offering includes support, maintenance, repairs (along with spare parts), and monitoring of galley technology, all aimed at ensuring smooth operations through regular maintenance. This initiative underscores Welbilt Marine's commitment to enhancing the efficiency and reliability of galley operations on various vessels

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