Nap Capsules Market Type Size & Growth Analysis Report -2026

 Competitive Analysis


The Key Players operating in the Global Nap Capsules Market are GoSleep (Finland), napcabs GmbH (Germany), The SnoozeCube (New Zealand), MinuteSuites (US), 9 Hours (Japan), Sleepbox (US), and MetroNaps (Denmark).

 

Overview

Global Nap Capsules Market is expected to reach USD 255.4 Million by 2026 at a CAGR of 6.04% during the forecast period of 2019 to 2026.


Compact nap capsules are ideal for small rooms. These pods offer benefits such as reduced space consumption, customization, portable, and assist in improving employee productivity as these capsules can also be installed in office areas.


Segmental Analysis


The Global Nap Capsules Market has been segmented based on Product Type, Industry, and Channel.


Based on Product Type, the nap capsules market has been segmented into compact nap capsule, single nap capsule, double nap capsule, and multiple nap capsule. The single nap capsule segment dominated the market with a valuation of USD 79 million in 2018 and is expected to reach USD 122.4 million by 2026. Single nap capsules are for individual users. They offer benefits such as privacy, built-in speakers, and comfort. The growing adoption of single nap capsules at airports is also expected to drive the growth of the segment.


Based on Industry, the global nap capsules market has been classified as hospitals, corporate offices, airports, and academic institutes. The airport segment is expected to exhibit the highest CAGR of 4.72% during the forecast period. The increasing air passenger traffic and development of smart airports are the key factors driving the growth of this segment. Furthermore, the rising number of capsule hotels at airports and the increasing demand for waiting rooms at airports is also expected to increase the adoption of nap capsules at airports.


By Platform, the global nap capsules market has been divided into direct sales and distributor. The distributor segment is expected to register a higher CAGR of 5.61% during the forecast period. Distributors are agents who supply goods to the retailers. Distributors offer benefits such as enhanced customer service, reduced transportation costs, established customer base, and wide reach. These benefits enable nap capsule manufacturers to offer their products in different areas with reduced transportation costs.


Regional Analysis


The geographic analysis of the global nap capsules market covers North America, Europe and the Middle East & Africa (EMEA), Asia-Pacific, and South America.


North America led the market with a valuation of USD 70.1 million in 2018, and the regional market is expected to reach USD 105.3 million by 2026 at a CAGR of 5.20% during the forecast period. This can be attributed to the presence of major manufacturers such as GoSleep and Minute Suites, LLC, in the region.


EMEA was the second-largest market with a valuation of USD 50 million in 2018; the EMEA market is projected to exceed USD 80.4 million by 2026 at a 6.13% CAGR. Market growth in the region is driven by an increase in the development of smart airports along with the increasing air passenger traffic.

Full Report @ https://www.marketresearchfuture.com/reports/nap-capsules-market-9515



Comments

Post a Comment

Popular posts from this blog

GERD and NERD Treatment Market Rising Uptake Of Technology In Medical And Healthcare Sector To Boost Industry’s Growth Market 2019 Market Highlights: GERD & NERD Treatment Market Research Report- Americas forecast till 2023 growing continuously and is expected to grow at a CAGR of 4.02 % from 2017 to 2023. Heartburn is the burning sensation in the chest behind the breastbone that we feel when stomach acid refluxes back into the esophagus (food tube). Increasing prevalence of gastric diseases has increased the investment in GERD medication for research and development. This is expected to further drive the demand for gastroenteric drugs. Major players in GERD & NERD treatment market Some of the major players in this market are ( U.S.), GlaxoSmithKline Plc (U.K), Ironwood Pharmaceuticals, Inc. (U.S.), Jeil pharmaceutical Co. Ltd. (South Korea), Johnson & Johnson (U.S.), Mederi Therapeutics Inc. (U.S.), Medigus Ltd. (Israel), Medtronic Inc. (U.S.), Merck & CO.,...
Read more
Air Ambulance Services Market Size, Share, Trends, Application  Global Air Ambulance Services Market  Overview The Global Air Ambulance Services Market is expected to reach USD 11,456.3 million by 2024 at a CAGR of 2.95% during the forecast period. Air ambulance manufacturers are investing heavily in advanced technologies to reduce costs and improve turnaround time. For instance, 3D printing is dramatically changing the way structures and components of aircraft are currently designed and manufactured. It reduces the design constraints that engineers face when using conventional fabrication techniques. Furthermore, the ability to fabricate functional electronics into complex structures using 3D printing allows manufacturers to offer air ambulances that operate effectively in adverse conditions such as inclement weather, tsunamis, droughts, and cyclones. Global Air Ambulance Services Market  Segmental Analysis The global air ambu...
Read more

Satellite Communication (SATCOM) Market Outlook And Opportunities With Future Growth Scenario By 2027

  Market Forecast The satellite communication (SATCOM) market is projected to register a  CAGR of 8.44%  between  2021 and 2027 .   SATCOM is used for the transmission of information from one place to another with the aid of a satellite that orbits around the Earth. SATCOM is employed for a wide range of mobile applications, including communication to aircraft, ships, vehicles, and hand-held terminals, as well as for TV and radio broadcasting. The increasing deployment of small satellites, growing demand for high-speed Internet, and rising adoption of maritime VSAT are primarily driving the market's growth. Additionally, increasing demand for small form factor SATCOM solutions and frequent launches of military satellitesare driving the global market's growth. Globally, military spending has increased significantly in recent years. Factors such as ongoing conflicts in the Middle East & Africa, long-standing tensions, territorial disputes between ...
Read more