Airport sleeping pods provide short time rest to passengers. These pods are equipped with a full length bed, flat screen TV with a DVD player, working desk, charging points for various electronics, and WIFI.
Market Dynamics
Increasing adoption of sleep pods and sleep cabins is expected to propel growth of the global airport sleeping pods market. For instance, in September 2020, Airport Dimensions, a lounge operating company, launched a “non-traditional” lounge at Hamad International Airport in Doha, Qatar, featuring sleep pods and sleep cabins. Similarly, in January 2020, Sabiha Gökçen International Airport, Turkey, started offering sleeping pods for travelers.
Increasing adoption of sleep pods in emerging economies is expected to offer lucrative growth opportunities for players in the global airport sleeping pods market. For instance, in 2018, Bengaluru's (India) Kempegowda International Airport introduced a Sleeping Pod Lounge at its international departure zone.
Decrease in air traffic is expected to hinder growth of the global airport sleeping pods market. For instance, according to Airports Council International, the global air passenger numbers are expected to decrease by 5.6 billion during 2020, along with a US$ 104.5 billion reduction in revenue.
However, initiatives to boost the aviation sector during Covid-19 are expected to offer lucrative growth opportunities for players in the global airport sleeping pods market. For instance, in September 2020, Airports Council International (ACI) laid out a roadmap for the recovery of the airport sector and wider aviation ecosystem from the devastating impact of the COVID-19 pandemic. Moreover, recovery in domestic passenger traffic is also expected to aid in growth of the global airport sleeping pods market. For instance, according to ICRA Limited, an independent and professional investment information and credit rating agency, the Indian aviation industry witnessed a recovery in domestic passenger traffic in August 2020, with a sequential growth (over July 2020) of 25 per cent to 26 lakh passengers.
Competitive Analysis
Major players operating in in the global airport sleeping pods market include GoSleep, Sleepbox, SnoozeCube, and MetroNaps
Major players operating in in the global airport sleeping pods market are focused on adopting partnership strategies to enhance their market share. For instance, in December 2018, GoSleep partnered with Smarte Carte, a company providing products and services to the travel and leisure industry, to deploy eight sleeping pods in the T1 precinct in Perth Airport, Australia.
In-depth report on Airport Sleeping Pods Market by Coherent Market Insights:
https://www.coherentmarketinsights.com/ongoing-insight/airport-sleeping-pods-market-1022
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