Aircraft Sleeping Pods Market By Product Type (Single Occupancy, Shared Occupancy) By Stay Hours (Less than 2 Hours, More than 2 Hours) By Airport Type (International, Domestic) By End-User (Adult, Children) - Growth, Future Prospects & Competitive Analysis, 2016 - 2028

About this report

The study on the global market for aircraft sleeping pods examines the industry's critical analysis utilising important factors. The report includes investment techniques, information on the demand for investments in the aircraft sleeping pods and details on the many advantages for investors like how many aircraft sleeping pods are sold each year? This report, which is significant, outlines significant modifications to the technical standards that apply globally to the aircraft sleeping pods market as well as how both economic and non-economic restrictions are promoting market expansion. Additionally, the report examines historical and projected market sizes at the global, regional, and national levels. The research also includes an in-depth examination of the most key investment proposals, the demand and supply gap, the competition's stance, and the STAR, SRC, and Tornado studies. Significant technological developments and other analyses, such as Porter's Five Forces, PESTEL, Value Chain Analysis, and others.

Key Highlights of the report

How are the major segments performing in the aircraft sleeping pods market?

• In 2021, the single occupancy segment held a significant revenue share in the market and is estimated to grow at a rapid pace in the next few years since it is the most preferred sleeping pod among the individuals
• In 2021, the less than 2 hours segment was expected to hold the majority of revenue share in the market. This growth is attributed to rising demand from consumers around the world.
• In 2021 the international segment was anticipated to hold a significant revenue share in the global aircraft sleeping pods market due to the large number of people traveling internationally

Which region dominated the aircraft sleeping pods market?

In 2021, North America dominated the airport sleeping pods market and will maintain its dominance during the projected period. The increasing number of flight travelers contributes significantly to the airport sleeping pod industry's growth.

How is the U.S. market performing in the aircraft sleeping pods market?

In 2021, the United States region held the major share of the aircraft sleeping pods market. This rise in the number of air passengers in this country is responsible for fuelling the product demand in the market. Further, increasing adoption by large airports in the U.S. is driving market growth in the coming years.

What is the competitive environment of the aircraft sleeping pods market?

The competitive landscape of the aircraft sleeping pods market provides information about the overall economic profit made by vendors and manufacturers, the sales and revenues generated in this sector, the aircraft sleeping pods market share globally, the business organization summary, the launch of new products, and the possibilities for the aircraft sleeping pods market in future.

Executive Summary

How does the evolving lifestyle of airline passengers fuel the demand in the market?

Airlines are fighting to offer the finest in-flight experience to get customers to their seats as passenger expectations foster an ultra-competitive aviation industry. Previously, low costs or a well-known brand could almost guarantee loyalty. Nowadays, internet ticket sales help maintain affordable rates and make it simpler for contemporary passengers to request more before selecting a carrier. According to research, a fantastic customer experience is what flyers seek, and 86 percent of them are prepared to pay extra for the services that mean the most to them. Businesses that take too long to respond to these expectations risk losing consumers.

Which are the key investments by the aircraft sleeping pods market players?

Leading competitors in the aircraft sleeping pods market are concentrating on increasing sleeping pod manufacturing capacity. Furthermore, to help manufacturers promote the use of aircraft sleeping pods in the industry, players are concentrating on strategic mergers & acquisitions, collaborations, and raising awareness among businesses through various advertisement campaigns. This helps them increase their customer base in the global aircraft sleeping pods market and gain a competitive edge. Some major players in the aircraft sleeping pods market are Ninehours, Gosleep, Jetquay, Metronaps, Minute Suites, Napcabs, Sleepbox, Snooze at My Space, Snoozecube, and Yotel.

What are the major driving factors for the aircraft sleeping pods market?

One of the key factors expected to boost the global market is the growth in smart landing fields with passenger-friendly facilities and an increase in the range of air passengers and transit flights. The emergence of the business model has led to an increase in emphasis on non-aeronautical services, such as ensuring the presence of greeters for airline passengers and the convenience of spare automotive parking lots in airports. The changing expectations of airline customers regarding privatization and the liberation of landing fields have driven airport authorities in both developed and developing nations to improve their standard client services. The expanding aviation business has allowed airlines to boost connections between regions, resulting in more air travelers, more transit flights and frequency, and the addition of new routes throughout the world, all of which are major drivers driving growth during the projection period. Furthermore, rising demand for waiting rooms and increased capsule hotels at airports due to increased air passenger traffic globally are predicted to drive development.

What are the major risks for the aircraft sleeping pods market?

The high cost of product and maintenance and stringent rules governing the protection of electrical components at airports are major factors impeding global aircraft sleeping pods market growth.

Which is the key application in the aircraft sleeping pods market?

The single occupancy sleeping pods have a full-length bed, a flat-screen T.V. with a DVD player, a working desk, charging ports for your electronics, Wi-Fi access, a minibar, and a private room that is right in the middle of the airport, so one can easily access to its surroundings.

How is the aircraft sleeping pods market performing in regions?

North America dominates the market for airport sleeping pods, and this pattern of dominance will grow over the projected period. The market for airport sleeping pods is expanding significantly, largely due to the increase in air travelers. The growing adoption of sleeping pods by several airports in the United States is anticipated to drive market growth across North America in the next few years.

On the other hand, Asia-Pacific is expected to see unheard-of growth and will forecast the highest compound annual growth rate. This is a result of some of the most significant factors fueling market growth in Asia Pacific, including the development of smart cities and the growing diversity of airline passengers in developing economies. Further, the rising investment by the government in the aircraft industry across emerging countries, such as China, India, and Japan, is predicted to propel the market growth in Asia-Pacific.

What is the regulatory landscape for the aircraft sleeping pods market?

The government has made regulations for installing sleeping pods at both domestic and international airports. The airports must have these sleeping pods according to government norms and are available to consumers when they need them. Sleeping pods are fully designed to comfort the consumer so they can relax at airports by frequent traveling.

What is the market size of aircraft sleeping pods regarding value?

The global aircraft sleeping pods market is anticipated to grow at a significant CAGR of 7.5% during the forecast period. The global aircraft sleeping pods industry was estimated to be worth USD 61.5 million in 2021 and was expected to be worth USD 94.9 million by 2028.

What are the major players planning for the future of the aircraft sleeping pods market?

Growing regional existence and investment in downstream applications are anticipated to deliver a competitive edge in the market. For instance, in February 2020, Air New Zealand launched a new lie-flat sleep pod prototype containing six full-length sleeping pods 200cm long and 58cm wide each. These pods are equipped with a full-size pillow, bedsheets and blanket, ear plugs, and curtains and lighting designed for sound sleep.

Segmentation of Global Aircraft Sleeping Pods Market-

Global Aircraft Sleeping Pods Market – By Product Type

• Single Occupancy
• Shared Occupancy

Global Aircraft Sleeping Pods Market – By Stay Hours

• Less than 2 Hours
• More than 2 Hours

Global Aircraft Sleeping Pods Market – By Airport Type

• International
• Domestic

Global Aircraft Sleeping Pods Market – By End-User

• Adult
• Children

Global Aircraft Sleeping Pods Market – By Region

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
  • UK.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

Frequently asked questions about the global aircraft sleeping pods market