Sleeping Pod Market Size, Share, Growth, and Industry Analysis, By Type (Compact Energy Pod, Single Energy Pod, Double Energy Pod, Multiple Energy Pod and others), By Application (Hospitals, Corporate Offices, Airport, Academics and others), Regional Forecast To 2031

Updated On: 15 April 2024

Sleeping Pod Market REPORT OVERVIEW

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The global Sleeping Pod market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.

Sleeping pods are a special type of chair or cubicle that is enclosed with beds and used by children or adults to nap. These extraordinary cubicles are frequently found in corporate settings, workstations, and airports. Nap Pods, Energy Pods, Nap Capsule, Sleeping Cabins, Snooze Pods, and Capsule Hotels are other names for sleeping pods. These pods enable people to take short, peaceful naps of about 15-20 minutes or to sleep for long periods of time. They relieve pressure on the cardiac muscle while also allowing a slight bend in the knees and relaxing the lower back muscles. They improve a person's alertness and productivity after using them.

A Double Energy Pod is a sleeping pod that allows you to sleep for two hours straight. They are used in hospitals, corporate offices, airports, and other locations where people must rest for extended periods of time. Compact energy pods are small sleeping capsules with all the necessities like a bed, air conditioning, Wi-Fi, and a TV. The product is made with cutting-edge technology in order to provide maximum comfort to its customers. Because of their ability to provide luxury while travelling at a low cost, these pods have gained significant popularity among business travellers all over the world. A single Energy Pod is a sleeping pod with a single energy source for the occupants. This type of sleeping pod is commonly used in hospitals, corporate offices, airports, and other locations where consistent energy supply is required. Multiple Energy Pods are sleeping pods that can sleep more than one person. These pods are commonly found in corporate offices, airports, and other public places.

COVID-19 Impact: Supply chains disrupts the market

The COVID-19 outbreak has had a significant impact on the global market for sleeping pods. They were mostly found in airports, corporate offices, and workstations. As a result of the government-enforced lockdown in almost all countries, these sectors are not operating, affecting the global sleeping pod market. The supply chain has been disrupted as a result of the corona pandemic. In addition, all export-import activities around the world have ceased, posing a threat to production due to a lack of raw materials. Furthermore, the outbreak has a negative impact on the enterprise's business operations, which affects the market as a whole. This has had an effect on the industry.

LATEST TRENDS

"Launch of new products and technology to stimulate market expansion"

The benefits of sleeping pods in the workplace are becoming more widely known. They help employees improve productivity, maintain health, and retain talent, which increases the demand for these pods in the corporate workplace globally. Another factor driving demand for these pods is their increasing use at airports to allow travellers to rest. The growing emphasis on the importance of sleep in improving human health, efficacy, and welfare is also driving the market. Among other things, they have many advantages such as ergonomic perfection, interface console, timed waking facility, privacy visor, and built-in speakers that conventional techniques do not provide, which propels the growth of the sleeping pod market. Thus, the process of developing new launches and advanced products with new technology is a major trend that is creating opportunity for the industry to flourish. The market's overall expansion is primarily the result of these recent changes.

Sleeping Pod Market SEGMENTATION

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• By Type

The market is divided into categories based on type, Compact Energy Pod, Single Energy Pod, Double Energy Pod, Multiple Energy Pod and others.

• By Application

The market is divided into Hospitals, Corporate Offices, Airport, Academics and other categories based on application.

DRIVING FACTORS

"Increased Advanced Technology that Boosts the Market"

Sleeping Pods not only provide sleeping space but also have several advanced features. A computer, Wi-Fi, television, reclining chair, music system, light effects, and other relaxing amenities are included. They can be found in a variety of settings, including corporate offices, airports, and hospitals, among others. These airports are the most common locations where these pods are available. A few market players have begun to convert these pods into luxury rooms that passengers can use at the airport to rest during their transit. Consequently, during the predicted period, increased product dependence will support industry growth. As a result, the market will benefit from growth and increased advanced technology. It will help the consumer goods sector flourish and accelerate the Sleeping Pod market growth.

"Growing Demand for the product due to its benefits to support market expansion"

The benefits of workplace sleeping pods are becoming more widely known. The use of sleeping pods in the workplace has grown as a result of their ability to boost productivity, keep employees healthy, and retain talent. Because of the benefits of naps for employee health and well-being, an increasing number of businesses are deciding to install office nap pods. Among these are improved mood, reduced stress, and a lower risk of heart disease. Another factor driving demand is the growing popularity of sleeping pods in airports where passengers can rest. Together, these elements are encouraging market expansion, which is raising business revenues. As a result, the market will grow thanks to the growing demand for the product due to its benefits.

RESTRAINING FACTORS

"Lack of Knowledge and High cost of the product Will Prevent Market Expansion"

Several factors limit the growth of the sleeping pod market. A limited number of manufacturers, high prices, a lack of awareness about sleeping pods and their benefits, high maintenance costs, and adherence to stringent regulations regarding the use of electrical products are some of the factors that may stymie the global market for sleeping pods. This will be a significant impediment to market growth during the forecast period. This could be a significant issue limiting market growth. If this issue is resolved, the market will immediately begin to grow.

Sleeping Pod Market REGIONAL INSIGHTS

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"The Market is Globally Dominated by North America"

Since this area is the largest user of the product, the market for Sleeping Pod in North America has profited from the region's expanding industrial development and several driving factors that have boosted the potential sectors. The increasing demand for products in the Hospitals, Corporate Offices, Airport, Academics and other industries is one of the important factors driving the Sleeping Pod Market Share. Rapid urbanisation trends will further strengthen the market as a whole.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

The analysis covers data on market participants and their positions within the industry. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more is provided in the study on materials. 

List of Market Players Profiled

• GoSleep (U.S.)
• NapCabs GmbH (germany)
• SnoozeCube (Dubai)
• MinuteSuites (U.S.)
• Sleepbox (U.S.)
• MetroNaps (U.S.)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost Sleeping Pod Market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.