Description
Airport Sleeping Pods Market to Escalate with approx. 6% CAGR between 2018 to 2023. The Global Airport Sleeping Pods Industry Shares segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa.
Overview:
Airport sleeping pods, also known as sleeping cabins, capsule hotels, or snooze/nap pods have become one of the earnest requirements in the hustle bustle of an airport. As a result, the airport sleeping pods Airport Sleeping Pods Market is growing rapidly.
Moreover, rising investments in advanced technologies and premium terminal facilities for the convenience of passengers led by the rapidly increasing number of air travelers are escalating the market on the global platform.
Acknowledging the colossal growth, the market is garnering currently, Market Research Future (MRFR) in its recently published study report, asserts that the global airport sleeping pods market will accrue enormously by 2023, registering a CAGR around 6% throughout the forecast period (2018 to 2023).
The emergence of the concept of smart airports that comes along with the requirement of passenger-friendly facilities and the rapidly expanding business that increase the probability of business travels are some of the primary growth factors estimated to bolster the growth of the airport sleeping pods market.
The burgeoning aviation industry has enabled airlines to expand connectivity between countries, which has increased the number of flights including long-haul flights, this has resulted in the market growth, creating the need for sound napping through sophisticated services, yet, for affordable prices at the airports itself.
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Global Airport Sleeping Pods Market – Segments
The report has been segmented into four key dynamics;
By Product Type: Single Occupancy and Shared Occupancy among others.
By Stay Hours: Less than 2 hrs. and more than 2 hrs., others.
By Airport Types: International and Domestic.
By Regions: North America, Europe, APAC and Rest-of-the-World.
Global Airport Sleeping Pods Market – Regional Analysis
The North American region accounts for the leading market for the airport sleeping pods mainly due to the presence of major market players in the region. Besides the augmenting demand for these sleeping pods at airports drives the growth of the regional market. Furthermore, the increasing number of air passengers in the region along with the well-established airport management sector fosters the growth of the sleeping pods market.
Airport Sleeping Pods Market – Competitive Analysis
The highly competitive airport sleeping pods market appears to be well-established as well as fragmented due to the presence of several large and small-scale key players. Key players operating in the market are investing substantially in transforming the consumer and business landscape in the future.
Matured players incorporate strategic initiatives such as collaboration, partnership, acquisition, product & technology launch, and expansion to gain a competitive edge in this market.
Manufacturers strive to provide a wide range of sleeping pods that can deliver a suite of offerings to help address the needs of a traveler such as wifi, AC, Netflix, a work station, charging ports, an alarm clock, airline status updates, and of course a chair that converts into a bed
Using time-tested methodologies and best practices, they try to bring together disparate point systems from multiple providers into an environment that addresses resource planning, passenger experience, and asset management.
Key Players:
Some of the players leading the market and profiled in the analysis are Sleepbox (U.S.), GoSleep (U.S.), SnoozeCube (U.A.E), Minute Suites (U.S.), Napcabs (Germany), 9hours (Japan), Snooze At My Space (India), JetQuay (Singapore), MetroNaps (U.S.), Zzzleepandgo (Italy), and YOTEL (U.K) among others.
Industry/Innovation/Related News:
December 11, 2018 --- Perth Airport (Australia), inaugurated its sleeping pods installed at T1 precinct for travelers who want to catch up on sleep between flights. These pods are provided in partnership with Smarte Carte and Finnish company GoSleep. Authorities at the Perth are certain that the sleeping pods would be ideal for passengers who either arrived early or had connecting flights with some time in between.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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Sleeping pods are enclosed beds, or present-day chair that converts right into a napping pod with a fold-flat bed, that are utilized by passengers for the duration of layover at airports.
These napping pods provide centers including Wi-Fi, television, and minimal considered necessary area for a human frame resting.
Increasing authority's funding for supplying passenger-pleasant centers at airports is one of the primary elements for the increase of the worldwide airport napping pods market.
For example: in 2016, the Indian authorities introduced plans to make investments of US$ a hundred and Twenty Bn for infrastructure improvement of airports.
Most governments recognition on meting out area for napping pods in airports to personal events who cope with the setup and protection of pods.
The Federal Aviation Administration Aerospace forecast, in 2017, around 229 million passengers are anticipated to journey with the aid of using flight inside the U.S., up from 218 million passengers in 2016.
