The global aircraft sleeping pods market was valued at $14.3 million in 2021 and it is expected to reach $29.3 million at a CAGR of 6.4% between 2022 and 2032. One of the key trends driving the expansion of the global market for airport sleeping pods is the increase in capsule hotels at airports. Capsule hotels are tiny, box-like accommodations with features like Wi-Fi, electrical components, televisions, and more.
By region, North America is expected dominate the aircraft sleeping pods market with significant share across the globe.
Airport sleeping pods come in a variety of sizes and styles, from small nap seats that give travelers their own private and relaxing space and include Wi-Fi, reading lights, and power connectors to larger ones that resemble small hotel rooms and include free shower facilities, workspace, and improved airport experiences. Additionally, due to the small number of businesses developing this concept, airport sleeping pods are only found at some of the busiest airports, such as Charlotte Douglas International Airport.
Three categories of passengers can frequently be distinguished: those who are departing, those who are departing, and those who are shifting sites. When using the facilities and services at the airport, these travelers have various needs. A subset of airline passengers is those traveling from and to their destinations. These passengers use airport services for their arrival and departure, including parking, internal transportation, check-in help, processing of checked bags, security checks, etc.
Source: SAI Research
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The aircraft sleeping pods often referred to as snooze pods, sleeping cabins, or capsule hotels, are areas in airports where travelers can rest and get some sleep before flights. The amenities in these sleeping pods include a spa and massages, Wi-Fi, televisions, and other things. The market for airport sleeping pods is being built with a significant investment, which will accelerate industry expansion. Moreover, the market for airport sleeping pods will expand as there is an increase in passenger-friendly activities around the world to give travelers more comfort. Airport sleeping pod market trends have also increased as a result of the expansion of passenger well-being services. The number of flights has increased as a result of the airport's growing connectivity with other nations.
Additionally, these passengers have different needs in terms of how they use the infrastructure and amenities at airports. Airport amenities that may accommodate travelers' requirements, such as places to take a quick nap, spa and massage services, and free showers, make traveling through airports more enjoyable. Families flying together desire children's play facilities where kids can pass the time before boarding. Airports offer staff and a pleasant environment because travelers are booking sophisticated sleeping spaces there. The growing aviation sector has made it possible for airlines to increase connectivity between destinations, which is one of the key factors driving the market expansion throughout the forecast period. This has led to an increase in air travelers, more frequent and frequent transit flights, and the addition of new routes all over the world. Additionally, there is a growing need for airport sleeping pods as a result of increased demand from air travelers for airport amenities.
Based on product type, the single occupancy segment has led the market with significant growth and is also expected to drive the market due to its rising demand across several international airports globally. This is because travelers require personal space, and it offers that. Larger ones are similar to tiny hotel rooms, and they have free shower facilities, a workplace, and improved airport experiences. They also include Wi-Fi, reading lights, and power outlets.
In terms of airport type, the international airport segment accounted for the largest share of this market and is also anticipated to boost the market growth due to its increasing demand among a large number of passengers at the airport. Many international airports are focusing on making agreements with some manufacturing companies for creating sleeping pods for their daily passengers. This would fuel the demand for the aircraft sleeping pods market. Hence, those key players are trying to make mergers and acquisitions with other businesses with the help of advanced technologies.
Geographically, the North American region has led the market and is also anticipated to hold its dominant position over the forecast period from 2022 to 2032. Additionally, the market for sleeping pods at airports around the world is expected to rise as more people travel by air. Additionally, the abundance of airports in the United States has sped up the acceptance of this device. On the other side, the Asia-Pacific region is also expected to become the second-largest market in the future. The three major emerging economies in the Asia Pacific region such as China, India, and Japan, among others are those that are expected to grow at the fastest rates throughout the projected period. Two of the main factors boosting the expansion of the Asia Pacific market are the rise of smart city projects and the rise in air travel in emerging economies. The need for capsule hotels near airports is further fueled by the region's expanding travel and tourism sector, which also stimulates the market for sleeping pods there.
According to the study, key players such as GoSleep (Finland), JetQuay (Singapore), Minute Suites (U.S), Napcabs GmbH (Germany), Snooze at Myspace (India), SleepBox (Moscow), SnoozeCube (UAE), Yotel (Portugal), ZZZleepandGo (Italy), among others are leading the global aircraft sleeping pods market.
|Market Size in 2021||US$ 14.3 Million|
|Market Volume Projection by 2032||US$ 29.3 Million|
|Forecast Period 2022 to 2032 CAGR||6.4%|
|Historical Data||2019, 2020 and 2021|
|Forecast Period||2022 to 2032|
By Product Type: Single Occupancy , Shared Occupancy
By Airport Type: Domestic, International & Others
North America, Europe, Asia-Pacific, LAMEA
|Companies covered||GoSleep (Finland), JetQuay (Singapore), Minute Suites (U.S), Napcabs GmbH (Germany), Snooze at Myspace (India), SleepBox (Moscow), SnoozeCube (UAE), Yotel (Portugal), ZZZleepandGo (Italy), among others.|
The Global Aircraft Sleeping Pods Market Has Been Segmented Into:
The Global Aircraft Sleeping Pods Market – by Product Type:
The Global Aircraft Sleeping Pods Market – by Airport Type:
The Global Aircraft Sleeping Pods Market – by Regions:
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