Global Aircraft Galley Carts Market Overview:
An aerospace galley carts are also known as airline catering trolley, or a trolley cart is a little cart stashed up by an air carrier. Aircraft Galley Carts has small storage boxes as cabins are fixed in the airplane galley for storing up small items, for example, ice and food among others It is used by the cabin crew members inside the aircraft for passenger services such as providing food, beverages, and other items for the duration of a flight.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Market Growth Drivers:
Increasing Demand for Aircraft Galley Carts for Food and Beverage Storage and Increase in Number of Air Passengers Worldwide Resulting in Rising Demand for Aircraft Galley Carts
Challenges:
Lack of Skilled Workforce
Restraints:
An Unhygienic and Poor Trolley as per the Standards May Possibly make the Experience of a Passenger Unpleasant
Opportunities:
Increasing Number of International Airports Worldwide
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Safrin Cabin (United States), Bucher Aerospace Corporation (United States), MySky Aircraft, Inc. (United States), Showa Aircraft (Japan), JAMCO Corporation (Japan), Guoxiong Photoelectric (China), Huaxin Aviation (China), Korita Aviation (Netherland), Aeroservey Product Co., Ltd (China) and Diethelm Keller Aviation Pte Ltd (Singapore). Additionally, following companies can also be profiled that are part of our coverage like Egret Aviation (China), Flightweight LTD (United Kingdom), IACOBUCCI HF AEROSPACE (Italy), SZIC Industrial Company Limited (China) and WANZL METALLWAREN (Germany). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Aircraft Galley Carts market by 2028. Considering Market by End Use, the sub-segment i.e. Narrow-body Aircrafts will boost the Aircraft Galley Carts market. Considering Market by Aircraft Type, the sub-segment i.e. Commercial Aircraft will boost the Aircraft Galley Carts market. Considering Market by Weight, the sub-segment i.e. <10 Kg will boost the Aircraft Galley Carts market.
Latest Market Insights:
On 23 November 2020, 3M and Safran Cabin brought together their strengths and technologies in a partnership. The pandemic has had a large impact on global air travel and therefore the industry seeks solutions so as to restore passenger confidence and promote recovery. Known for its multiplatform technologies as well as efforts to fight against Covid-19, 3M would leverage its deep roots in innovation by the means of providing technologies for helping in designing cleaner aircraft cabin interiors for ‘Travel Safe', which is a joint initiative of Safran Interior companies so as to verifiably elevate the hygiene of the aircraft interiors.
On 19 November 2019, Safran Cabin had announced the launch flight of SOPHY™ onboard the 2019 Boeing ecoDemonstrator 777, as part of Safran's new Smart System Integrator Galley.SOPHY is basically a smart trolley solution for controlling and optimizing catering operations. This device helps in collecting, sharing, and communicating real-time, accurate data with other SOPHY-activated equipment through a "mesh network", thus unlocking valuable insights for airline operators. This thereby enables the operators to save on catering costs by preventing as well as minimizing inefficiencies due to mishandling, misplacement, or misinformation.
What Can be Explored with the Aircraft Galley Carts Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Aircraft Galley Carts Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Aircraft Galley Carts
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Aircraft Galley Carts market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Aircraft Galley Carts market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Providers of Aircraft Galley Carts, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.