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Global Nap Pod Market: By Product Type: Single, Double, Multiple, Compact, Others; By End Use: Hospital, Airport, Corporate Office, Academics, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Nap Pod Market Outlook
The global nap pod market is being aided by the rising airport sleeping pods market, which is expected to grow at a CAGR of 5.5% in the forecast period of 2022-2027.
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Growing Demand for Nap Pods in the Corporate Sector to Aid the Industry Growth
Based on end use, the airport segment accounts for a significant share in the industry. This can be attributed to the growing adoption of nap pods as the ‘pay-as-you-go’ sleeping spaces in airports to allow passengers to rest in between flights. Meanwhile, the corporate office segment is expected to significantly contribute to the industry growth over the forecast period owing to the growing awareness regarding the benefits of power naps and to enhance the productivity of a person. Further, the rising focus on human welfare is expected to result in enhanced demand for nap pods from various industries.
North America to Dominate the Global Nap Pod Industry
North America leads the global market for nap pod and is expected to maintain its dominance in the forecast period as well. This can be attributed to the early access to advanced technologies, increased awareness regarding nap pods, and high consumer disposable incomes in the region. Europe also holds a significant share in the industry due to the rising product demand from various industries. Meanwhile, the Asia Pacific is expected to provide lucrative growth opportunities to the market over the forecast period owing to the increasing awareness about the benefits of nap pods and the increasing acceptance of technology in the region.
Nap Pod: Market Segmentation
Nap pod refers to a specially designed chair or cubicle that allows people to take a short nap, usually at places like workstation, corporate offices, and others. These gadgets allow employees, students, or passengers at the airport to take a short nap of 15 to 20 minutes in an effective and easy way. As power naps help to boost the alertness and productivity of a person, a nap pod is often referred to as an energy pod or nap capsule. Nowadays, they also come with advanced features such as lights effects and others, thus, enhancing their efficiency.
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Based on product type, the market is divided into:
- Single
- Double
- Multiple
- Compact
- Others
On the basis of end use, the industry can be segmented into:
- Hospital
- Airport
- Corporate Office
- Academics
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Awareness Regarding the Benefits of Powernaps to Bolster the Growth of the Nap Pod Industry
The increasing awareness regarding the benefits of nap pod is the key factor driving the growth of the industry. The growing focus of MNCs on health and talent retention of the employees is aiding the industry growth. This is leading to the increased adoption of nap pods at workplaces to improve the productivity and alertness of a person. Further, the replacement of the public utility model with a commercial business model in the aviation industry is also driving the industry growth. Other industries like health and academics are also expected to generate a significant demand for the product in the forecast period. The factors like improving standards of living and the growing focus on health and wellness are also contributing to the industry growth.
The growing investments by the manufacturers to launch improved products with advanced features like timer, speakers, lights effects, and others are expected to further propel the industry growth over the forecast period.
Key Industry Players in the Global Nap Pod Market
The report gives a detailed analysis of the following key players in the global nap pod market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- GoSleep
- MetroNaps
- Minute Suites, LLC
- Sleepbox
- SAMS Snooze at My Space
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, End Use, Region |
| Breakup by Product Type | Single, Double, Multiple, Compact, Others |
| Breakup by End Use | Hospital, Airport, Corporate Office, Academics, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | GoSleep, MetroNaps, Minute Suites, LLC., Sleepbox, SAMS Snooze at My Space, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Nap Pod Market Analysis
8.1 Key Industry Highlights
8.2 Global Nap Pod Historical Market (2017-2021)
8.3 Global Nap Pod Market Forecast (2022-2027)
8.4 Global Nap Pod Market by Product Type
8.4.1 Single
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Double
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Multiple
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Compact
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Nap Pod Market by End Use
8.5.1 Hospital
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Airport
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Corporate Office
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Academics
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Others
8.6 Global Nap Pod Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 GoSleep
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 MetroNaps
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Minute Suites, LLC.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Sleepbox
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 SAMS Snooze at My Space
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Nap Pod Market: Key Industry Highlights, 2016 and 2026
2. Global Nap Pod Historical Market: Breakup by Product Type (USD Billion), 2017-2021
3. Global Nap Pod Market Forecast: Breakup by Product Type (USD Billion), 2022-2027
4. Global Nap Pod Historical Market: Breakup by End Use (USD Billion), 2017-2021
5. Global Nap Pod Market Forecast: Breakup by End Use (USD Billion), 2022-2027
6. Global Nap Pod Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global Nap Pod Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America Nap Pod Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America Nap Pod Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe Nap Pod Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe Nap Pod Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific Nap Pod Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific Nap Pod Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America Nap Pod Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America Nap Pod Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa Nap Pod Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa Nap Pod Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global Nap Pod Market Structure
Key Questions Answered in the Report
The global nap pod market is being driven by the rising airport sleeping pods market, which is projected to grow at a CAGR of 5.5% between 2021 and 2026.
The major drivers of the industry, such as the increasing awareness about nap pods, growing adoption by MNCs, rising focus on health and human welfare, improving standards of living, increasing shift towards commercial business model over public utility model in the aviation industry, and growing technological advancements are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing R&D activities and the increased investments by the leading players to launch products with advanced features.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading product types in the market are single, double, multiple, and compact, among others.
The major end use sectors in the industry are hospital, airport, corporate office, and academics, among others.
The major players in the industry are GoSleep, MetroNaps, Minute Suites, LLC, Sleepbox, and SAMS Snooze at My Space, among others.
Analyst Review
The global nap pod market is being driven by the rising awareness about nap pods and the growing airport sleeping pods market. Aided by the growing R&D activities, the airport sleeping pods market is expected to witness a healthy growth in the forecast period of 2022-2027, growing at a CAGR of 5.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product type, the market is segmented into single, double, multiple, and compact, among others. Based on end use, the industry is divided into hospital, airport, corporate office, and academics, among others. The major regional markets for nap pod are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include GoSleep, MetroNaps, Minute Suites, LLC, Sleepbox, and SAMS Snooze at My Space, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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