DUBLIN, Mar 31, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Airport Sleeping Pods Market 2017-2021" report to their offering.
The global airport sleeping pods market to grow at a CAGR of 6.39% during the period 2017-2021.
Global Airport Sleeping Pods Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
The growing passenger traffic is one of the major factors driving these products in the market. To support this, approximately 46.67% of the busiest airports in the world provided sleeping pods as of 2016.
Sleeping pods are enclosed beds or improved version of a chair that can be inclined flat. Few market participants have modified the pods into luxury rooms that can be availed by passengers at airports for resting during their transit period. Airport operators are gradually focusing on the development of non-aeronautical sources to improve the revenue by providing quality customer service facilities to passengers.
One trend in the market is the trend toward capsule hotels for airport passengers. The aim of airport authorities is to generate both aeronautical and non-aeronautical revenue. In order to increase the non-aeronautical revenue, the operators are emphasizing on providing lounges. Also, the growing concept of aerotropolis surrounding the airport is a major factor contributing to the growth of the market.
According to the report, one driver in the market is the growing transit and transfer passenger traffic. The demand for air travel continues to grow supported by low oil prices. The growing aviation industry has enabled airlines to expand the connectivity between places, which has resulted in increasing frequency of flights and addition of new routes. This has concurrently given rise to demand for luxury travel and desire for comfort through sophisticated services at affordable prices at airports.
Market Dynamics
Market Drivers
- Growing transit and transfer passenger traffic
- Emergence of smart airport concepts
- Airports offering no frill services to passengers
Market challenges
- Market penetration addressing cost issues
- Lack of maintenance of sleeping pods in few airports
- Electrical system safety and regulations
Market trends
- Trend toward capsule hotels for airport passengers
- Joint effort between stakeholders to improve passenger comfort
- Emergence of agile airports
Key vendors
- GoSleep
- Napcabs
- SnoozeCube
- Minute Suites
Other prominent vendors
- 9hours
- JetQuay
- SNOOZE AT MY SPACE
For more information about this report visit http://www.researchandmarkets.com/research/bz7ldc/global_airport
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