Market Overview:
The global electric order pickers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric order pickers from warehouses, factories, and distribution centers across the globe. Additionally, the growing adoption of electric order pickers by small and medium-sized businesses is also contributing to the growth of this market. The global electric order pickers market can be segmented on the basis of type into low level, medium level, and high level electric order pickers. The low level segment is expected to account for a major share of the global electric order picker market during the forecast period owing to its low cost and easy operation.
Product Definition:
Electric order pickers are a type of industrial vehicle used to move goods within a warehouse or distribution center. They are powered by electric motors and typically have either a lift capacity of 1,000 pounds or less, or they can carry pallets that weigh up to 2,000 pounds. Electric order pickers can be used to transport goods horizontally or vertically and can often maneuver through tight spaces. They are an important tool for businesses that need to quickly and efficiently move inventory around their facilities.
Low Level:
Low level, also called as base level or substation level, is the lowest operational voltage in an electric power distribution system. The range of low levels varies from country to country and depends on the type of distribution system being used. Low levels are generally between 0 and 1,000 volts; high levels are above 1,000 volts and can be anywhere between 10,000 volts to 32 kilovolts (kV).
Medium Level:
Medium level is used in electric order pickers market to indicate the range between 0-10 VDC. It’s a kind of input stage that converts the ac signal into appropriate DC voltage for working. The working of medium level Order Picker is same as high and low levels but with some limitations like it can work only with 24VAC to 48VDC input power source, also it has less capacity than high and low levels.
Application Insights:
Factories were the largest application segment in 2016 and accounted for a market share of over 40% in 2017. Electric order pickers are widely used at warehouses to automate picking and packaging operations. The rising need for speed, accuracy, and quality to meet surging demand is expected to drive their adoption at warehouses over the forecast period.
Factories are also likely to be one of the fastest growing application segments owing to increasing automation efforts by manufacturers as they attemptto keep pace with changing consumer demands while simultaneously maintaining high levels of production output across various industries globally.
Electronic product selection systems have been gaining popularity rapidly among distribution centers owingto their ability toreplace traditional methods that required human labor or even worse-machines!.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in distribution centers, warehouses, and factories across countries such as China, India, Japan, South Korea. In addition to this growing number of facilities are coming up rapidly in countries such as Indonesia & Vietnam which will drive the regional market further.
Factors such as low labor costs along with improving infrastructure have attracted several manufacturing companies from developed nations including U.S., UK and Germany to set up their production units in developing economies of Asia Pacific thereby driving industry growth across this region.
Growth Factors:
- Increasing demand for electric order pickers from the e-commerce sector.
- Rising demand for electric order pickers from the automotive sector.
- Growing popularity of electric order pickers among small and medium businesses.
- Increasing adoption of electric order pickers in warehouses and distribution centers.
- Proliferation of automated material handling systems that require electric order pickers for operation
Scope Of The Report
Report Attributes
Report Details
Report Title
Elctric Order Pickers Market Research Report
By Type
Low Level, Medium Level, High Level
By Application
Warehouses, Factories, Distribution Centers, Others
By Companies
Toyota, Kion Group, Jungheinrich, Crown Equipment, Mitsubishi Logisnext, Hyster-Yale, Hyundai Heavy Industries, Doosan Industrial Vehicles, Clark Material Handling Company, EP Equipment, Toyota, Manitou, Hangcha, TAWI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Elctric Order Pickers Market Report Segments:
The global Elctric Order Pickers market is segmented on the basis of:
Types
Low Level, Medium Level, High Level
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Warehouses, Factories, Distribution Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toyota
- Kion Group
- Jungheinrich
- Crown Equipment
- Mitsubishi Logisnext
- Hyster-Yale
- Hyundai Heavy Industries
- Doosan Industrial Vehicles
- Clark Material Handling Company
- EP Equipment
- Toyota
- Manitou
- Hangcha
- TAWI
Highlights of The Elctric Order Pickers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Level
- Medium Level
- High Level
- By Application:
- Warehouses
- Factories
- Distribution Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elctric Order Pickers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric order pickers are machines that help customers place orders at a grocery store or other retail establishment. They allow customers to select items from a pre-determined selection, and then the machine will automatically place the items in front of them on a conveyor belt.
Some of the major companies in the elctric order pickers market are Toyota, Kion Group, Jungheinrich, Crown Equipment, Mitsubishi Logisnext, Hyster-Yale, Hyundai Heavy Industries, Doosan Industrial Vehicles, Clark Material Handling Company, EP Equipment, Toyota, Manitou, Hangcha, TAWI.
The elctric order pickers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Elctric Order Pickers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Elctric Order Pickers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Elctric Order Pickers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Elctric Order Pickers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Elctric Order Pickers Market Size & Forecast, 2018-2028
4.5.1 Elctric Order Pickers Market Size and Y-o-Y Growth
4.5.2 Elctric Order Pickers Market Absolute $ Opportunity
Chapter 5 Global Elctric Order Pickers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Elctric Order Pickers Market Size Forecast by Type
5.2.1 Low Level
5.2.2 Medium Level
5.2.3 High Level
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Elctric Order Pickers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Elctric Order Pickers Market Size Forecast by Applications
6.2.1 Warehouses
6.2.2 Factories
6.2.3 Distribution Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Elctric Order Pickers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Elctric Order Pickers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Elctric Order Pickers Analysis and Forecast
9.1 Introduction
9.2 North America Elctric Order Pickers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Elctric Order Pickers Market Size Forecast by Type
9.6.1 Low Level
9.6.2 Medium Level
9.6.3 High Level
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Elctric Order Pickers Market Size Forecast by Applications
9.10.1 Warehouses
9.10.2 Factories
9.10.3 Distribution Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Elctric Order Pickers Analysis and Forecast
10.1 Introduction
10.2 Europe Elctric Order Pickers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Elctric Order Pickers Market Size Forecast by Type
10.6.1 Low Level
10.6.2 Medium Level
10.6.3 High Level
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Elctric Order Pickers Market Size Forecast by Applications
10.10.1 Warehouses
10.10.2 Factories
10.10.3 Distribution Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Elctric Order Pickers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Elctric Order Pickers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Elctric Order Pickers Market Size Forecast by Type
11.6.1 Low Level
11.6.2 Medium Level
11.6.3 High Level
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Elctric Order Pickers Market Size Forecast by Applications
11.10.1 Warehouses
11.10.2 Factories
11.10.3 Distribution Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Elctric Order Pickers Analysis and Forecast
12.1 Introduction
12.2 Latin America Elctric Order Pickers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Elctric Order Pickers Market Size Forecast by Type
12.6.1 Low Level
12.6.2 Medium Level
12.6.3 High Level
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Elctric Order Pickers Market Size Forecast by Applications
12.10.1 Warehouses
12.10.2 Factories
12.10.3 Distribution Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Elctric Order Pickers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Elctric Order Pickers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Elctric Order Pickers Market Size Forecast by Type
13.6.1 Low Level
13.6.2 Medium Level
13.6.3 High Level
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Elctric Order Pickers Market Size Forecast by Applications
13.10.1 Warehouses
13.10.2 Factories
13.10.3 Distribution Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Elctric Order Pickers Market: Competitive Dashboard
14.2 Global Elctric Order Pickers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyota
14.3.2 Kion Group
14.3.3 Jungheinrich
14.3.4 Crown Equipment
14.3.5 Mitsubishi Logisnext
14.3.6 Hyster-Yale
14.3.7 Hyundai Heavy Industries
14.3.8 Doosan Industrial Vehicles
14.3.9 Clark Material Handling Company
14.3.10 EP Equipment
14.3.11 Toyota
14.3.12 Manitou
14.3.13 Hangcha
14.3.14 TAWI
