Sleeping pods are enclosed beds, or state-of-the-art chair that converts into a sleeping pod with a fold-flat bed, which are used by passengers during layover at airports. These sleeping pods offer facilities such as Wi-Fi, television, and minimum requisite space for a human body resting. Increasing government investment for offering passenger-friendly facilities at airports is one of the major factors for growth of the global airport sleeping pods market. For instance, in 2016, Government of India announced a plans to invest US$ 120 Billion for infrastructure development of airports. Most governments focus on allotting space for sleeping pods in airports to private parties who handle the installation and maintenance of pods.
Furthermore, the rising capsules hotels at airports is one of the major trends for growth of the global airport sleeping pods market. Capsules hotels are small box type hotels, which provide facilities such as Wi-Fi connectivity, electric components, television, and other facilities. Increasing demand for hotels or waiting rooms at airports have accelerated demand for capsules hotels.
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the global airport sleeping pods market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America is expected to be a leading region in the global airport sleeping pods market in 2018, in terms of market share and is projected to retain its dominance during the forecast period. In addition, the rising numbers of air passengers plays a key role for growth of the global airport sleeping pods market. According to Federal Aviation Administration Aerospace forecast, in 2017, around 229 million passengers are estimated to travel by flight in the U.S., up from 218 million passengers in 2016. Moreover, large number of airports in the U.S. have also accelerated adoption of this product. According to the United States Department of Transportation, in 2016, the number of airports in the U.S. was around 19,536 airports.
Global Airport Sleeping Pods Market Taxonomy
On the basis of product type, the global airport sleeping pods market is classified into:
Single occupancy sleeping pods
Shared occupancy sleeping pods
On the basis of End-users, the global airport sleeping pods market is classified into:
On the basis of regions, the global airport sleeping pods market is classified into:
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Some of the major companies in the global airport sleeping pods market include GoSleep, Sleepbox, SnoozeCube, and MetroNaps. Key industry participants are focusing on strategic initiatives such as collaborations with government bodies, offering better facilities in sleeping pods, and others to increase its market share. For instance, in 2013, government of Abu Dhabi announced installation of GoSleep sleeping pods, which enables passengers to rest in a private and secure environment at Abu Dhabi International Airport. Also, in 2017, SleepBox launched a cozy luxury sleep pods with features such as drop-down desk, Bluetooth-enabled speakers, Wi-Fi, and electrical outlets.
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