Global Pick-To-Light Systems Market 2024-2028
The pick-to-light systems market is forecasted to grow by USD 390.1 mn during 2023-2028, accelerating at a CAGR of 7.09% during the forecast period. The report on the pick-to-light systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing number of fulfillment centers, integration of pick-to-light systems with various management software, and increased efficiency in warehouse operations.
Technavio's pick-to-light systems market is segmented as below:
By Application
- Retail and 3PL
- Automotive
- Food and beverage
- Manufacturing
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the integration of autonomous mobile robots (amrs) with pick-to-light systems as one of the prime reasons driving the pick-to-light systems market growth during the next few years. Also, availability of hardware-as-a-service model and increase in industrial automation will lead to sizable demand in the market.
The report on the pick-to-light systems market covers the following areas:
- Pick-to-light systems market sizing
- Pick-to-light systems market forecast
- Pick-to-light systems market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pick-to-light systems market vendors that include Armstrong, Bossard Holding AG, Brilliant Info Systems Pvt. Ltd., Conveyco, Cornerstone Automation Systems LLC, Daifuku Co. Ltd., Deltalogic Technologies Pvt. Ltd., Dematic Group, Direct ConneX LLC, Honeywell International Inc., Interlake Mecalux Inc., Ioi System Co. Ltd., Kardex Holding AG, Matthews International Corp., microSYST Systemelectronic GmbH, MMCI Automation, Murata Machinery Ltd., Numina Group Inc., Pick To Light Systems S.L., SSI Schafer IT Solutions GmbH, Toyota Motor Corp., and Voodoo Robotics. Also, the pick-to-light systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.