Airport Sleeping Pods Market| Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025).

 

Airport Sleeping Pods Market will reach USD 62.4 million by 2025. The reports forecast the airport sleeping pods market by product type, stay hours, airport types and region. It highlights COVID-19 impact on the airport sleeping pods industry.

Airport Sleeping Pods Market will reach USD 62.4 million by 2025

Airport sleeping pods market- by Product Type (Single Occupancy and Shared Occupancy), by Stay Hours (Less than 2 Hours and More than 2 Hours), by Airport Types (International and Domestic) and by Region– Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025).

 

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The airport sleeping pods market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating globally. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive analyses of the market, capturing all the aspects of airport sleeping pods industry.

 

Airport Sleeping Pods Market Introduction

The airport sleeping pods market size is valued at USD 44.0 Billion in 2019 and is expected to register a CAGR of 5.7% during the forecast period 2020-2025. Advancement in technology enhanced the quality and comforts of sleeping pods, which includes premium facilities such as Wi-Fi, television, spa & massage, free shower facilities is expected to accelerate the growth of the global market. Moreover, the renovation of old airports into modern airports is estimated to fuel the demand for airport sleeping pods across the globe. These factors will lead to the rapid growth of the sleeping pods market during the forecast period.

 

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Factors Affecting the Airport Sleeping Pods Market over the Forecast Period-

• The development of next-generation smart airport pods with big data and IoT technology is expected to increase the demand need for the product and also a KPI for the manufacturers to increase its market share in the global airport sleeping pods market
• Due to the rise in airport facilities in the developing economies and increasing passenger traffic for business purpose is estimated to increases the demand for airport sleeping pods
• Airline carriers are trying the enhance the experience of the passenger and also rising the standard of passengers during the air travel has led to drive the growth of airport sleeping pods market
• Due to high maintenance and the initial cost, airport sleeping pods are not available on every airports, which is one of the key challenge for the growth of the airport sleeping pods market
• Due to the privatization, the infrastructure  and standard of the airports has enhanced which boost the demand for airport sleeping pods

Impact of COVID-19 on Airport Sleeping Pods Market:

The COVID-19 pandemic has affected the aviation industry severely, thus resulted in the loss of the airports sleeping pods market. Due to the lockdown situation, people mostly stayed home, and thus it led to a reduction in demand for sleeping pods. Moreover, the government has break off their operations and also labor stopped coming to work is another factor that has certainly impacted the growth of the airports sleeping pods market.

Airport Sleeping Pods Market: Scope of the Report

The report outlines the global airport sleeping pods market study based only product type, stay hours, and airport types

Based on the product type, the airport sleeping pods market has been segmented into –

• Single Occupancy
• Shared Occupancy

Based on the stay hours, the airport sleeping pods market has been segmented into –

• Less than 2 hours
• More than 2 hours

Based on the airport types, the airport sleeping pods market has been segmented into –

• International
• Domestic

 

Airport Sleeping Pods Market: Regional Outlook

Based on the region, the global airport sleeping pods market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2019, North America held the largest share in the global airport sleeping pods market, followed by Asia-Pacific and Europe. Moreover, Asia Pacific is expected to grow with relatively high CAGR over the forecast period owing to increasing in number of international and domestic airports in the developing economies across the globe.

 

Airport Sleeping Pods Market: Key Competitors –

The global airport sleeping pods market is fairly consolidated, with the presence of a significant number of players across the globe. The key players operating in the global airport sleeping pods market are: 

• 9hours
• Gosleep
• Jetquay
• Metronaps
• Minute Suites
• Napcabs
• Sleepbox
• Snooze at My Space
• Snoozecube
• Yotel
• ZZZleep and Go

 

The airport sleeping pods market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of segmental/regional outlook with the market player’s presence in the respective segment and region/country. The information concluded in the report includes the inputs from primary interviews with industry experts. 

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