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Global Pick-to-Light Systems Market 2019-2023 - Product Image

Global Pick-to-Light Systems Market 2019-2023

  • ID: 4771154
  • Report
  • Region: Global
  • 119 pages
  • TechNavio
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FEATURED COMPANIES

  • Bastian Solutions Inc.
  • Daifuku Co. Ltd.
  • Kardex Group
  • SSI Schaefer Group
  • MORE
About this market

Growing number of fulfillment centers will drive the growth of the global market during the forecast period. Fulfilment centers enable enterprises, especially those in the e-commerce industry, to outsource their warehousing and shipping. These centers support enterprises in the storage of all their products, thus ensuring that they (the enterprises) do not have to manage inventories directly. Pick-to-light systems aid these fulfillment centers to increase their efficiency and reduce shipping errors. In addition, these systems also help in increasing the pick rate productivity as well as in enhancing accuracy. Thus, the increase in the number of fulfillment centers will lead to an increase in demand for pick-to-fight systems. The analysts have predicted that the pick-to-light systems market will register a CAGR of over 6% by 2023.

Market Overview

Increased efficiency in warehouse operation

Pick-to-light systems aid in minimizing travel by employees in a warehouse or distribution center to pick up products, which, in turn helps in enhancing the efficiency of warehouse operations. A pick-to-light system guides employees to pick up the selected products through its digital light display. Also, a pick-to-light system provides the employee with an optimized path, and thus, it aids in increasing the throughput rates.

Emergence of pick-to-voice systems


In a high-intensity and complex warehouse, there can be multiple picking locations where the employee needs to be fast and accurate. In such places, a pick-to-voice system or voice-directed system can be used to improve the accuracy of picking and enhance the speed of picking by employees. Thus, the emergence of pick-to-voice systems will impact the demand for pick-to-light systems, hindering the growth of the market in focus during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the pick-to-light systems market during the 2019-2023, view the full report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several companies including Matthews International Corp. and SSI Schaefer Group the competitive environment is quite intense. Factors such as the increased efficiency in warehouse operations and growing number of fulfillment centers will provide considerable growth opportunities to pick-to-light systems manufactures. Bastian Solutions Inc., Daifuku Co. Ltd., Kardex Group, Matthews International Corp., and SSI Schaefer Group are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Bastian Solutions Inc.
  • Daifuku Co. Ltd.
  • Kardex Group
  • SSI Schaefer Group
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Automotive - Market size and forecast 2018-2023
  • Retail, e-commerce, and 3PL - Market size and forecast 2018-2023
  • Food and beverage - Market size and forecast 2018-2023
  • Manufacturing - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bastian Solutions Inc.
  • Daifuku Co. Ltd.
  • Kardex Group
  • Matthews International Corp.
  • SSI Schaefer Group
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of vendor positioning
List of Exhibits
Exhibit 01: Global automated material handling equipment (AMHE) market
Exhibit 02: Segments of global automated material handling equipment (AMHE) market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Automotive - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Cumulative growth rate for vehicle production 2012-2017 (%)
Exhibit 21: Automotive - Year-over-year growth 2019-2023 (%)
Exhibit 22: Retail, e-commerce, and 3PL - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Retail, e-commerce, and 3PL - Year-over-year growth 2019-2023 (%)
Exhibit 24: Food and beverage - Market size and forecast 2018-2023 ($ millions)
Exhibit 25: Food and beverage - Year-over-year growth 2019-2023 (%)
Exhibit 26: Manufacturing - Market size and forecast 2018-2023 ($ millions)
Exhibit 27: Manufacturing - Year-over-year growth 2019-2023 (%)
Exhibit 28: Others - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: Others - Year-over-year growth 2019-2023 (%)
Exhibit 30: Market opportunity by application
Exhibit 31: Customer landscape
Exhibit 32: Market share by geography 2018-2023 (%)
Exhibit 33: Geographic comparison
Exhibit 34: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 36: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 38: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 39: North America - Year-over-year growth 2019-2023 (%)
Exhibit 40: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 41: South America - Year-over-year growth 2019-2023 (%)
Exhibit 42: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 43: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 44: Key leading countries
Exhibit 45: Market opportunity
Exhibit 46: Impact of drivers and challenges
Exhibit 47: Vendor landscape
Exhibit 48: Landscape disruption
Exhibit 49: Vendors covered
Exhibit 50: Vendor classification
Exhibit 51: Market positioning of vendors
Exhibit 52: Bastian Solutions Inc. - Vendor overview
Exhibit 53: Bastian Solutions Inc. - Product segments
Exhibit 54: Bastian Solutions Inc. - Organizational developments
Exhibit 55: Bastian Solutions Inc. - Key offerings
Exhibit 56: Daifuku Co. Ltd. - Vendor overview
Exhibit 57: Daifuku Co. Ltd. - Business segments
Exhibit 58: Daifuku Co. Ltd. - Organizational developments
Exhibit 59: Daifuku Co. Ltd. - Geographic focus
Exhibit 60: Daifuku Co. Ltd. - Segment focus
Exhibit 61: Daifuku Co. Ltd. - Key offerings
Exhibit 62: Kardex Group - Vendor overview
Exhibit 63: Kardex Group - Business segments
Exhibit 64: Kardex Group - Organizational developments
Exhibit 65: Kardex Group - Geographic focus
Exhibit 66: Kardex Group - Segment focus
Exhibit 67: Kardex Group - Key offerings
Exhibit 68: Matthews International Corp. - Vendor overview
Exhibit 69: Matthews International Corp. - Business segments
Exhibit 70: Matthews International Corp. - Organizational developments
Exhibit 71: Matthews International Corp. - Geographic focus
Exhibit 72: Matthews International Corp. - Segment focus
Exhibit 73: Matthews International Corp. - Key offerings
Exhibit 74: SSI Schaefer Group - Vendor overview
Exhibit 75: SSI Schaefer Group - Business segments
Exhibit 76: SSI Schaefer Group - Organizational developments
Exhibit 77: SSI Schaefer Group - Key offerings
Exhibit 78: Validation techniques employed for market sizing
Exhibit 79: Definition of vendor positioning
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bastian Solutions Inc.
  • Daifuku Co. Ltd.
  • Kardex Group
  • SSI Schaefer Group
  • MORE
Global Pick-to-Light Systems Market 2019-2023

The analyst recognizes the following companies as the key players in the global pick-to-light systems market: Bastian Solutions Inc., Daifuku Co. Ltd., Kardex Group, Matthews International Corp., and SSI Schaefer Group.

Commenting on the report, an analyst from the team said: “The latest trend gaining momentum in the market is the increase in industrial automation.”

According to the report, one of the major drivers for this market is the increased efficiency in warehouse operations.

Further, the report states that one of the major factors hindering the growth of this market is the emergence of pick-to-voice systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Bastian Solutions Inc.
  • Daifuku Co. Ltd.
  • Kardex Group
  • Matthews International Corp.
  • SSI Schaefer Group
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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