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Airport Sleeping Pod Market Increases Geriatric Population to Drive Growth 2030 – Travel Adventure Cinema

The global airport sleeping cabin market size was estimated at 45.12 billion USD in 2020 and reach 62.92 billion USD in 2027, growing at a CAGR of 5.7% over the forecast period (2021-2027). Advancements in technology have improved the quality and comfort of sleeping cabins including high-end facilities such as Wi-Fi, TV, spa and massage, free showers are 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 sleeping cabins at airports across the world. These factors will lead to the rapid growth of the sleeping capsules market over 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 for the product and also a KPI for manufacturers to increase their market share in the global airport sleeping pod market
  • Increasing airport facilities in developing economies and increasing passenger traffic for business purposes are estimated to increase the demand for sleeping cabins at airports.
  • Air carriers are trying to improve the passenger experience and by increasing the level of passengers during air travel has led to the growth of the airport sleeping cabin market.
  • Due to high maintenance and initial cost, airport sleeping cabins are not available at all airports, which is one of the major challenges for the growth of the airport sleeping cabins market.
  • Due to privatization, the infrastructure and quality of airports have improved, which is driving the demand for sleeping cabins at airports.

Impact of COVID-19 on Airport Sleeping Capsules Market:

The COVID-19 pandemic has severely affected the aviation industry, resulting in the loss of the airport sleeping cabin market. Due to the lockdown situation, people have mostly stayed home, which has led to reduced demand for sleeping capsules. Additionally, the government has halted its operations and the workforce has stopped coming to work, which has certainly impacted the growth of the airport sleeping cabin market.

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Report scope

The report outlines the global Airport Sleeping Cabins market study based on product type, dwell hours and airport types.

On the basis of product type, the airport sleeping cabins market has been segmented into–

  • single occupancy
  • shared occupancy

On the basis of hours of stay, the airport sleeping cabins market has been segmented into –

  • Less than 2 hours
  • More than 2 hours

On the basis of airport types, the airport sleeping cabins market has been segmented into–

Airport Sleeping Capsules Market: Regional Outlook

Based on region, the global airport sleeping cabins market has been segmented into five geographical regions, namely, North America, Asia-Pacific, Europe, South America, Middle- East and Africa. In 2020, North America held the largest share of the global airport sleeping cabin market, followed by Asia-Pacific and Europe. Additionally, Asia Pacific is expected to grow with a relatively high CAGR over the forecast period owing to an increase in the number of international and domestic airports in developing economies around the world.

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Leading Competitors in the Global Airport Sleeping Pods Market include-

The global airport sleeping cabin market is quite consolidated, with the presence of a significant number of players across the globe. Key players operating in the global Airport Sleeping Pods Market are–

  • 9 hours
  • Go to sleep
  • Jetquay
  • Metronaps
  • Minute Suites
  • Napcabs
  • sleep box
  • Snooze at My Space
  • snooz cube
  • Yotel
  • ZZZleep and Go.

The Airport Sleeping Cabins Market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of industry/regional outlook with market player’s presence in the respective segment and region/country. The information concluded in the report includes inputs from primary interviews with industry experts.

Airport Sleeping Pods Market Report Covers Comprehensive Analysis on:

  • Market Segmentation and Regional Analysis
  • 10 year market size
  • Price analysis
  • Supply and demand analysis
  • Product life cycle analysis
  • Porter’s Five Forces and Value Chain Analysis
  • Analysis of developed and emerging economies
  • PEST analysis
  • Factor analysis of the market and forecasts
  • Opportunities, risks and market trends
  • Conclusion and recommendation
  • Regulatory landscape
  • Patent analysis
  • Competition landscape
  • More than 15 company profiles

Airport Sleeping Pods Market Regional Analysis Includes:

  • North America (United States, Canada, Mexico)
  • South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, United Kingdom, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
  • Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia-Pacific)
  • The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA

Airport Sleeping Capsule Market: Target Audience

  • Manufacturers of sleeping cabins for airports
  • Supplier and distributors of sleeping cabins for airports
  • Air carriers and airport authorities
  • end users