Market Overview:
The global pick to light system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automation in warehouses and distribution centers, rising labor costs, and growing e-commerce industry. Based on type, the global pick to light system market is segmented into by operation, putting, picking, by method, auto guided, manual and by power source wireless and wired. The auto guided segment is expected to grow at a highest CAGR during the forecast period from 2018 to 2030 owing to its advantages such as increased accuracy and productivity over manual methods. Based on application, the global pick-to-light system market is segmented into assembly & manufacturing; retail & ecommerce; food & beverages; pharma & cosmetics; others (including transportation/logistics etc.). Among these applications segments, assembly&manufacturing sector held largest share of overall pie in 2017and it is projected that this trend would continue throughout forecast period .Geographically , North America accounted for largest share of total revenue generated in 2017 followed by Europe .
Product Definition:
A pick to light system is a warehouse inventory management system that uses a barcode scanner to track items as they are picked from shelves and sent to packing stations. The pick to light system then signals the packer when all the items for a particular order have been collected. This helps ensure that orders are accurately filled and eliminates the need for workers to search through shelves for specific items.
By Operation:
By operation, it's usage.
The global pick to light system is used for providing illumination in areas where the electricity supply may not be sufficient for operating traditional lighting solutions. The product finds application across several industries including construction, automotive, manufacturing and retail. The increasing demand from these end-use industries coupled with the growing awareness regarding energy conservation is expected to drive market growth over the forecast period.
Putting:
The putting is a device used to light up cigarettes. It’s an old school smoking implement that has been around for ages and was quite popular in the earlier days of cigarette smoking. The Putting Device or Cigarette Lighter as it is commonly known, works on the same principal as a Bunsen burner does. A small flame burns at one end and by using this flame to light up cigarettes, it became popular all over again.
Application Insights:
The assembly and manufacturing segment dominated the global pick to light system market in 2017, accounting for over 30.0% share of the overall revenue. The growth can be attributed to increasing demand for automated picking systems from industrial applications such as pharmaceuticals and food processing industries, where speed is crucial and human errors are costly. Furthermore, rising demand for PLC from assembly line applications is expected to drive the segment further.
Retail & e-commerce accounted for a significant share in 2017 owing to increased consumer spending on luxury goods coupled with high product volume that requires frequent picking by machines only will suffice up these requirements at a faster rate than humans can do it by hand.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to increasing automation and technological advancements in the assembly lines, warehouses, and production facilities across U.S., Canada, and Mexico.
The Middle East & Africa region also has significant growth opportunities due to rising government initiatives encouraging foreign direct investments (FDI) especially from developed economies such as U.K., Germany, France etc.
Growth Factors:
- Increasing demand for just-in-time inventory management system
- Rising popularity of warehouse automation systems
- Proliferation of ecommerce and omni-channel retailing
- Growing demand for order picking solutions in the food and beverage industry
- Emergence of next-generation Pick to Light Systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Pick to Light System Market Research Report
By Type
By Operation, Putting, Picking, By Method, Auto Guided, Manual, By Power Source, Wireless, Wired
By Application
Assembly & Manufacturing, Retail & E-commerce, Food & Beverages, Pharma & Cosmetics, Others
By Companies
Daifuku, Murata Machinery, SSI Schafer, Dematic, Honeywell Intelligrated, Swisslog Holding AG, Knapp AG, Kardex Group, Vanderlande Industries B.V., Bastian Solutions, Aioi-Systems Co, Hans Turck GmbH & Co. Kg, Lightning Pick Technologies, Kbs Industrieelektronik GmbH
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Pick to Light System Market Report Segments:
The global Pick to Light System market is segmented on the basis of:
Types
By Operation, Putting, Picking, By Method, Auto Guided, Manual, By Power Source, Wireless, Wired
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
Assembly & Manufacturing, Retail & E-commerce, Food & Beverages, Pharma & Cosmetics, 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:
- Daifuku
- Murata Machinery
- SSI Schafer
- Dematic
- Honeywell Intelligrated
- Swisslog Holding AG
- Knapp AG
- Kardex Group
- Vanderlande Industries B.V.
- Bastian Solutions
- Aioi-Systems Co
- Hans Turck GmbH & Co. Kg
- Lightning Pick Technologies
- Kbs Industrieelektronik GmbH
Highlights of The Pick to Light System 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:
- By Operation
- Putting
- Picking
- By Method
- Auto Guided
- Manual
- By Power Source
- Wireless
- Wired
- By Application:
- Assembly & Manufacturing
- Retail & E-commerce
- Food & Beverages
- Pharma & Cosmetics
- 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 Pick to Light System 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.
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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?
A Pick to Light System is a lighting system that uses a camera to identify objects and then lights them accordingly.
Some of the major companies in the pick to light system market are Daifuku, Murata Machinery, SSI Schafer, Dematic, Honeywell Intelligrated, Swisslog Holding AG, Knapp AG, Kardex Group, Vanderlande Industries B.V., Bastian Solutions, Aioi-Systems Co, Hans Turck GmbH & Co. Kg, Lightning Pick Technologies, Kbs Industrieelektronik GmbH.
The pick to light system market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pick to Light System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pick to Light System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pick to Light System Market - Supply Chain
4.5. Global Pick to Light System Market Forecast
4.5.1. Pick to Light System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pick to Light System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pick to Light System Market Absolute $ Opportunity
5. Global Pick to Light System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pick to Light System Market Size and Volume Forecast by Type
5.3.1. By Operation
5.3.2. Putting
5.3.3. Picking
5.3.4. By Method
5.3.5. Auto Guided
5.3.6. Manual
5.3.7. By Power Source
5.3.8. Wireless
5.3.9. Wired
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pick to Light System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pick to Light System Market Size and Volume Forecast by Application
6.3.1. Assembly & Manufacturing
6.3.2. Retail & E-commerce
6.3.3. Food & Beverages
6.3.4. Pharma & Cosmetics
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pick to Light System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pick to Light System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pick to Light System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pick to Light System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pick to Light System Demand Share Forecast, 2019-2029
9. North America Pick to Light System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pick to Light System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pick to Light System Market Size and Volume Forecast by Application
9.4.1. Assembly & Manufacturing
9.4.2. Retail & E-commerce
9.4.3. Food & Beverages
9.4.4. Pharma & Cosmetics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pick to Light System Market Size and Volume Forecast by Type
9.7.1. By Operation
9.7.2. Putting
9.7.3. Picking
9.7.4. By Method
9.7.5. Auto Guided
9.7.6. Manual
9.7.7. By Power Source
9.7.8. Wireless
9.7.9. Wired
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pick to Light System Demand Share Forecast, 2019-2029
10. Latin America Pick to Light System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pick to Light System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pick to Light System Market Size and Volume Forecast by Application
10.4.1. Assembly & Manufacturing
10.4.2. Retail & E-commerce
10.4.3. Food & Beverages
10.4.4. Pharma & Cosmetics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pick to Light System Market Size and Volume Forecast by Type
10.7.1. By Operation
10.7.2. Putting
10.7.3. Picking
10.7.4. By Method
10.7.5. Auto Guided
10.7.6. Manual
10.7.7. By Power Source
10.7.8. Wireless
10.7.9. Wired
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pick to Light System Demand Share Forecast, 2019-2029
11. Europe Pick to Light System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pick to Light System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pick to Light System Market Size and Volume Forecast by Application
11.4.1. Assembly & Manufacturing
11.4.2. Retail & E-commerce
11.4.3. Food & Beverages
11.4.4. Pharma & Cosmetics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pick to Light System Market Size and Volume Forecast by Type
11.7.1. By Operation
11.7.2. Putting
11.7.3. Picking
11.7.4. By Method
11.7.5. Auto Guided
11.7.. Manual
11.7.7. By Power Source
11.7.8. Wireless
11.7.9. Wired
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pick to Light System Demand Share, 2019-2029
12. Asia Pacific Pick to Light System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pick to Light System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pick to Light System Market Size and Volume Forecast by Application
12.4.1. Assembly & Manufacturing
12.4.2. Retail & E-commerce
12.4.3. Food & Beverages
12.4.4. Pharma & Cosmetics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pick to Light System Market Size and Volume Forecast by Type
12.7.1. By Operation
12.7.2. Putting
12.7.3. Picking
12.7.4. By Method
12.7.5. Auto Guided
12.7.6. Manual
12.7.7. By Power Source
12.7.8. Wireless
12.7.9. Wired
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pick to Light System Demand Share, 2019-2029
13. Middle East & Africa Pick to Light System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pick to Light System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pick to Light System Market Size and Volume Forecast by Application
13.4.1. Assembly & Manufacturing
13.4.2. Retail & E-commerce
13.4.3. Food & Beverages
13.4.4. Pharma & Cosmetics
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pick to Light System Market Size and Volume Forecast by Type
13.7.1. By Operation
13.7.2. Putting
13.7.3. Picking
13.7.4. By Method
13.7.5. Auto Guided
13.7.6. Manual
13.7.7. By Power Source
13.7.8. Wireless
13.7.9. Wired
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pick to Light System Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Pick to Light System Market: Market Share Analysis
14.2. Pick to Light System Distributors and Customers
14.3. Pick to Light System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Daifuku
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Murata Machinery
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SSI Schafer
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dematic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honeywell Intelligrated
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Swisslog Holding AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Knapp AG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kardex Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Vanderlande Industries B.V.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bastian Solutions
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Aioi-Systems Co
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hans Turck GmbH & Co. Kg
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lightning Pick Technologies
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kbs Industrieelektronik GmbH
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
&