Airport Sleeping Pods Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Airport sleeping pods are miniaturized pay-as-you-go sleeping spaces or covered bed in airports places. The airport sleeping pods are useful for air travelers to rest in between flights. Needs of the passengers vary on the basis of airport services and facilities as well as their departure timing, and arrival timing. These departing and arriving passengers require airport facilities such as parking, transportation, check-in services, processing of luggage, security checks, and others. Various airports across the globe also provide a place to take a quick nap for the passengers in transit in order to enhance their airport experience. Growth in the number of business travelers is a key factor driving the global airport sleeping pods market.

MARKET SCOPE

The "Global Airport Sleeping Pods Market Analysis to 2031" is a specialized and in-depth study of the Airport sleeping pods market with a special focus on the global market trend analysis. The report aims to provide an overview of Airport sleeping pods market with detailed market segmentation by product type, airport type, end-user, and geography. The global airport sleeping pods market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Airport sleeping pods market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on product type, the market is segmented as single occupancy and shared occupancy
  
•   Based on airport type, the market is divided into international and domestic.
  
•   Based on airport type, the market is divided into international and domestic.
  

MARKET DYNAMICS

Drivers:

•   Growing adoption of smart airports
  
•   Increase in a number of air passengers and transit flights, privatization, and deregulation of airports, growing number of international airports.
  

Restraints

•   Lack of awareness of functioning in consumer base
  
•   Initial cost of installation is high
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global airport sleeping pod market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The airport sleeping pod market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting airport sleeping pod market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces analysis highlighting factors affecting the airport sleeping pod market in these regions.

IMPACT OF COVID-19 ON AIRPORT SLEEPING POD MARKET

The COVID-19 pandemic has led to one of the biggest challenges to the sustainability of the aviation industry at the global level. There is a tremendous shift in the airport operations and several other passenger processing changes due to the fast-spreading nature of this disease. The aviation industry, particularly the airport sector, is focusing on providing the passenger a different quality level of service in comparison to the previous norms. There is a steep fall in demand for air transport as a result of the cross-border travel restrictions imposed by governments to restrict the virus's transmission. Many steps have been taken by air companies and the International Air Transport Association (IATA) to prevent the spread of COVID-19. According to IATA, flights are categorized into three levels: (1) high-risk flights, (2) medium-risk flights, and (3) low-risk flights, and differentiated prevention and control measures are applied after a comprehensive evaluation of the outbreak at the place of origin of the flights. Thus, the airport management is bound to be more proactive and capable of implementing digital transformation to ensure the passengers safe and healthy air travel. Therefore, though there has been a slowdown in the growth of airport sleeping pod market due to the impact of COVID-19, the changes and shifts in airport management due to the "new normal" will bolster the growth of airport sleeping pod market.

MARKET PLAYERS

The reports cover key developments in the airport sleeping pod market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from airport sleeping pod market are anticipated to lucrative growth opportunities in the future with the rising demand for airport sleeping pod market. Below mentioned is the list of few companies engaged in the airport sleeping pod market.

The report also includes the profiles of key airport sleeping pod market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   9h ninehours
  
•   GoSleep
  
•   Jet Quay Pte Ltd.
  
•   MetroNaps
  
•   MINUTE SUITES, LLC
  
•   napcabs GmbH
  
•   Sleepbox
  
•   Snooze at My Space
  
•   SnoozeCubes
  
•   YOTEL
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Airport Sleeping Pods Report Scope