Sleeping pods are a unique type of chairs or cubicles, enclosed with beds, which are used by children or adults to take a nap. These extraordinary cubicles are often available at corporate spaces, workstations, or airports. Sleeping pods are also familiar by the name Nap Pods, Energy Pods, Nap Capsule, Sleeping Cabins, Snooze Pods, and Capsule Hotels. These sleeping pods allow a person to take short peaceful naps of about 15-20 or rest for long hours. Sleeping pods by elevating the feet takes off the pressure on the cardiac muscle and also by giving a slight bend to the knees and relaxes the lower back muscles. They help boost the alertness and productivity of the person after their use.
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Nap capsules not only provide space for sleeping but also come with several advanced features. These features include a computer, Wi-Fi, television, a reclining chair, a music system, light effects, and other relaxing amenities.
There is a wide range of applications where sleeping pods are available, like in corporate offices, airports, hospitals, and other places. Out of these airports are the most dominant places where sleeping pods are available. Few market players have started to modify these pods into luxury rooms to be availed by the passengers at the airport for resting purposes during the transit period.
COVID-19 Scenario Analysis:
- The COVID-19 outbreak has massively hit the global market for sleeping pods.
- The sleeping pods were mostly available at the airports, corporate offices, and workstations. Thus, because of the lockdown implemented by the government in almost all the countries, these sectors are not operating, which affects the market for the global sleeping pods.
- The corona pandemic has led to a disruption of the supply chain.
- Along with this, all export-import activities around the globe are on a halt, causing a threat to production because of insufficient raw material.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
There is an increase in awareness regarding the benefits of sleeping pods at the workplace. Sleeping pods help improve productivity, maintain health, and retain the talent of the employee, which boosts the demand for sleeping pods globally at the corporate workplace. Another factor that fuels the demand for the sleeping pods is their increasing use at the airports so the travelers can take rest. The growing focus on the necessity of sleeping to improve human health, efficacy, and welfare also drives the global market for sleeping pods. Among all this, They have many advantages like ergonomic perfection, interface console, timed waking facility, privacy visor, and built-in speakers that are not provided by conventional techniques also propels the growth of the global sleeping pods market.
However, among all these advantages, few factors restrain the growth of the sleeping pods market. A limited number of manufacturers, high prices, lack of awareness about the sleeping pods & their benefits, high maintenance cost, and adherence to the stringent regulations regarding the use of electrical products are those factors that may hamper the market for the sleeping pods, globally.
Although there are many growth opportunities for this market like it helps in lowering healthcare costs and increases productivity, creativity, and awareness. Along with this, technological advancements, rising convenient lifestyles, and increasing air passenger traffic are few other factors that can boost the growth of the global sleeping pods market in the future.
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Key Benefits of the Report:
- This study presents the analytical depiction of the global sleeping pods industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global sleeping pods market share.
- The current market is quantitatively analyzed to highlight the global sleeping pods market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global sleeping pods market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Sleeping Pods Market Research Report:
- What are the leading market players active in the sleeping pods market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
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Sleeping pods are enclosed beds, or present-day chair that converts right into a napping pod with a fold-flat bed, that are utilized by passengers for the duration of layover at airports.
These napping pods provide centers including Wi-Fi, television, and minimal considered necessary area for a human frame resting.
Increasing authority's funding for supplying passenger-pleasant centers at airports is one of the primary elements for the increase of the worldwide airport napping pods market.
For example: in 2016, the Indian authorities introduced plans to make investments of US$ a hundred and Twenty Bn for infrastructure improvement of airports.
Most governments recognition on meting out area for napping pods in airports to personal events who cope with the setup and protection of pods.
The Federal Aviation Administration Aerospace forecast, in 2017, around 229 million passengers are anticipated to journey with the aid of using flight inside the U.S., up from 218 million passengers in 2016.
