NEW YORK, Aug. 29, 2023 /PRNewswire/ — The airport sleeping pods market is expected to grow by USD 20.84 million from 2022 to 2027, progressing at a CAGR of 5.84% as per the latest Technavio market research report. Europe is going to have lucrative growth during the forecast period. About 37% of the market’s overall growth is expected to originate from Europe. This is due to the increasing demand for the product from end-users such as consumers in the region. The market for sleeper pods at regional airports is growing due to the growing demand for affordable yet comfortable accommodation options. Hourly pod prices typically range from USD 10 to USD 15. Moreover, mid-range pods cost between USD 20 and USD 72 a night, providing basic amenities. In these countries, a significant proportion of tourists opt for sleeping pods with modest accommodations. Hence, these factors are expected to drive market growth in the region during the forecast period. For more insights on the market share of various regions- Download a free sample report in MINUTES
Technavio has announced its latest market research report titled Global Airport Sleeping Pods Market
What’s New? –
Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
Global competitiveness and key competitor positions
Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report!
Airport Sleeping Pods Market – Market Dynamics
Key Drivers
The benefits of sleeping pods is a key factor driving market growth. Light exposure plays an important role in regulating human circadian rhythms, influencing feelings of sleepiness and bedtime habits. The sleeping pods offer a variety of benefits, including well-designed ergonomics, privacy visors, interface control panel, timed alarm functionality, and built-in speakers. In addition, the pods have built-in timers that make it easy to take a nap and wake up peacefully, eliminating the need for disruptive alarms that could disturb co-workers. For example, EnergyPods combine soothing vibrations and soothing sounds to gently wake people up from sleep. Hence, these factors are expected to drive market growth during the forecast period.
Major Trend – The growth of the global travel and tourism industry is a major trend in the market.
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Some of the key Airport Sleeping Pods Market Players:
The airport sleeping pods market is concentrated and the companies are deploying organic and inorganic growth strategies to compete in the market. Some of the companies included are Gosleep, Metronaps, Minute Suites LLC, NapCabs GmbH, nine hours Inc., Sleepwing Ltd., SNOOZE AT MY SPACE, Yotel Ltd., and ZZZleepandGo Srl
Airport Sleeping Pods Market: Segmentation Analysis
This market research report segments the airport sleeping pods market by application (single occupancy and shared occupancy), end-user (adults and children), and geography (Europe, APAC, North America, Middle East and Africa, and South America).
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Some of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Company Landscape
Companies covered
Company classification
Market positioning of companies
Competitive scenario
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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End User
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
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