Global Pick to Light Market Research Report 2023 Professional Edition

Report ID: 1054607 | Published Date: Sep 2024 | No. of Page: 135 | Base Year: 2023 | Rating: 4.3 | Webstory: Check our Web story

The global Pick to Light market was valued at 63.32 Million USD in 2021 and will grow with a CAGR of 6.31% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Pick to Light uses light devices mounted at item locations on flow rack, shelving, workstations or other storage media to guide operators to the correct product locations and quantities required to fill an order. Also commonly called pick-by-light or light-directed picking, in the right application Pick to Light systems increase pick rate productivity and order accuracy by reducing the walking and reading associated with paper-based or even other semi-automated picking approaches.The key to Pick to Light is its simplicity. Operators scan a bar code license plate on a tote or shipping container to launch an order in their zone. Illuminated LEDs direct pickers to the right product location, and display the required unit quantity. After picking all pieces the operator confirms the completed activity, often by pressing a button on the device. They then proceed to the next illuminated location and repeat the process until all the necessary picks in their area are finished. Pick to light includes indicators, sensors, light curtains, operator/maintenance interface (hmi), gateway, connection components, software and so on. And a pick to light system includes different numbers of hardware and software. So the price and the volume cannot be counted. The growth of this market is propelled by the emergence of advanced automated warehouses, growth of the e-commerce industry, and globalization of supply chain network. Moreover, pick to light offers error-free and better productivity operations and enhanced labor utilization. The retail and e-commerce industry is expected to capture the largest share of the pick to light market owing to the requirement of fast and efficient distribution of goods in this industry. Moreover, growing online shopping trend increases the use of pick to light systems in its warehouses for fast and accurate delivery of goods. Increasing competition among e-commerce companies has pushed them to offer same-day delivery and products at high discounts. Pick to light systems, along with other distribution center technologies, help expedite the order fulfillment process.

By Market Verdors:

Daifuku

Murata Machinery

SSI SCHAEFER

Dematic

Honeywell

Kardex Group

Sick AG

Knapp AG

Aioi-Systems Co

Swisslog

Vanderlande

ULMA Handling Systems

Hans Turck GmbH

Bastian Solutions

Weidmuller

Banner

CREFORM (Yazaki-Kako)

Wenglor Sensonic

Lightning Pick Technologies

ATOX Sistemas

KBS Industrieelektronik

Insystems Automation

Falcon Autotech

By Types:

Auto Guided

Manual

By Applications:

Assembly & Manufacturing

Retail & E-Commerce

Pharma & Cosmetics

Food & Beverages

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

Besides the standard structure reports, we also provide custom research according to specific requirements

Frequently Asked Questions
Pick to Light report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Pick to Light report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Pick to Light report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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