Global Pick To Light Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 539.66 Million |
 Market Size (Forecast Year) |
USD 995.91 Million |
 CAGR |
% |
| Major Markets Players |
Global Pick to Light Market Segmentation, By Operation (Putting, Picking), Method (Auto Guided, Manual), Power Source (Wireless, Wired), Application (Assembly and Manufacturing, Retail and E-commerce, Food and Beverages, Pharma and Cosmetics, Others) – Industry Trends and Forecast to 2031.
Pick to Light Market Analysis
The booming e-commerce sector, coupled with the globalization of supply chains, is driving the rapid expansion of automated warehouses. This increase is leading the retail and e-commerce industries to dominate the pick to light market as they strive for more efficient distribution networks. The increasing demand for quick and accurate order fulfillment in these sectors is compelling fulfillment warehouses to adopt advanced pick-to-light systems, which enhance operational efficiency, reduce errors, and improve overall productivity. As a result, the pick to light market is experiencing substantial growth, driven by the need for optimized logistics in a highly competitive landscape.
Pick to Light Market Size
Global pick to light market size was valued at USD 539.66 million in 2023 and is projected to reach USD 995.91 million by 2031, with a CAGR of 7.96% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Pick to Light Market Trends
“The Rise of E-Commerce and Omni-Channel Retailing Drives Demand”
The rapid expansion of e-commerce and companies that sell through many channels has significantly increased the use of pick-to-light systems. As online shopping expands, the need for pick-to-light systems in warehouses also increases. The technologies help to reduce mistakes and improve operational efficiency, especially in online retailers that demand precision and speed. Pick to light also lowers picking mistakes and increases operating efficiency, which are critical for satisfying the needs of online shopping.
Report Scope and Pick to Light Market Segmentation
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Attributes |
Pick to Light Market Insights |
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Segments Covered |
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Countries Covered |
U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America |
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Key Market Players |
Daifuku Co., Ltd. (Japan), Murata Machinery Ltd., (Japan), SCHAEFER SYSTEMS INTERNATIONAL PVT LTD (Germany), Dematic (U.S.), Honeywell International Inc (U.S.), Vanderlande Industries B.V. (Netherlands), Swisslog Holding AG 2 (Switzerland), KNAPP AG(Austria), Bastian Solutions, LLC (U.S.), AIOI-System (Japan), Turck (Germany), Lightning Pick Technologies (U.S.), and KBS Industrieelektronik GmbH (Germany). Also, Pcdata (Netherlands), IHI Corporation (Japan), SpeasTech (U.S.), and Voodoo Robotics (U.S.) |
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Market Opportunities |
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Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Pick to Light Market Definition
Pick to light is a method of picking items from warehouse shelves that uses lights to guide workers. Unlike other warehouse picking systems, pick to light allows for quick collection without a list. A typical light-based picking system employs a variety of colored LED lights as well as a series of letters and numbers.
Pick to Light Market Dynamics
Drivers
- Surging Industrialization
The rapid pace of industrialization, particularly in developing countries, is significantly contributing to the growth of the pick to light market. As more small and medium-sized enterprises (SMEs) in regions such as Asia-Pacific adopt advanced technologies to streamline operations, the demand for pick-to-light systems is rising. SMEs constitute over 98% of businesses in Asia-Pacific, with their contributions to national GDP, particularly in low-income countries such as India, accounting for 17%. This shift towards greater industrialization and technological adoption is driving the need for efficient order-picking solutions. Pick-to-light systems, known for their error-free operations and improved labor utilization, are becoming essential in these growing industrial environments. This driver is crucial for market expansion, particularly as industrial sectors continue to evolve and expand globally.
- Expansion of E-commerce and Automated Warehouses
The e-commerce industry's exponential growth and the globalization of supply chain networks is a major driver for the pick to light market. As e-commerce companies strive to meet the increasing demand for quick and accurate deliveries, automated warehouses are becoming more prevalent. Pick to light systems play a pivotal role in these facilities by enhancing productivity and ensuring accurate order fulfillment. With the retail and e-commerce sectors expected to capture the largest market share, the reliance on pick-to-light systems is set to increase. The growing trend of online shopping further accelerates this demand, as companies seek to optimize their warehouse operations to handle higher volumes of orders efficiently. This trend is vital for the sustained growth of the pick tolight market.
- Increasing Need for Highly Customized Automated Warehousing Facilities
As industries move towards automation, there is an increasing demand for highly customized automated warehousing facilities. Businesses are looking for solutions tailored to their specific operational needs, and pick to light systems are being customized to meet these unique requirements. These systems can be adapted to different types of warehouses, product types, and picking processes, providing a flexible and efficient solution. The ability to customize pick-to-light systems to match the specific needs of a facility is driving their adoption across various industries, leading to market growth. This trend towards customization is essential for companies seeking to enhance efficiency and accuracy in their warehousing operations.
Opportunities
- Increased Emphasis on Domestic Production
The growing emphasis on domestic production by emerging economies is opening up significant opportunities for the pick to light market. As countries focus on strengthening their manufacturing capabilities and reducing dependency on imports, there is a rising demand for efficient warehousing solutions that can support increased production volumes. Pick-to-light systems, with their ability to enhance order accuracy and productivity, are becoming increasingly essential in these environments. This opportunity is crucial for market growth as it aligns with the broader economic strategies of many emerging economies.
- Need for Highly Customized Automated Warehousing Facilities
The demand for highly customized automated warehousing facilities is creating new growth opportunities in the pick to light market. As industries seek to optimize their supply chain operations, there is a growing need for warehousing solutions that can be tailored to specific operational requirements. Pick-to-light systems offer the flexibility needed to meet these demands, providing customized solutions that enhance efficiency and accuracy in warehouse operations. This trend towards customization is driving market growth, as businesses invest in technologies that can be adapted to their unique needs.
Restraints/Challenges
- High Initial Investments
The market faces significant challenges due to the high initial capital investments required for installation. The cost of implementing these systems can be a barrier for many companies, particularly small and medium-sized enterprises, that may have limited financial resources. Additionally, the ongoing maintenance costs further add to the financial burden, making it difficult for some companies to justify the investment. This restraint poses a challenge to market growth, as the high costs may deter potential adopters from investing in pick-to-light systems, particularly in price-sensitive markets.
- Limitations of Pick to Light Systems
Despite their advantages, pick to light systems have certain limitations that can hinder market growth. These systems are generally unsuitable for handling heavy products or managing large picking areas, which limits their application in certain industries. For instance, in warehouses dealing with bulky or oversized items, pick-to-light systems may not be the most efficient solution. This limitation restricts the market's growth potential, as it reduces the system's applicability across different sectors. Overcoming these challenges is essential for the broader adoption and success of pick-to-light systems in the market.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Pick to Light Market Scope
The market is segmented on the basis of operation, method, power source and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Operation
- Putting
- Picking
Method
- Auto Guided
- Manual
Power Source
- Wireless
- Wired
Application
- Assembly and Manufacturing
- Retail and E-commerce
- Food and Beverages
- Pharma and Cosmetics
- Others
Global Pick to Light Market Regional Analysis
The market is analyzed and market size insights and trends are provided by country, operation, method, power source and application as referenced above.
The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
North America dominates the pick to light market because of the presence of several manufacturing key players and advanced warehousing facilities of many industries such as automotive, aerospace and defense, machinery, and electrical and electronics within the region.
Asia-Pacific is expected to witness significant growth due to the thriving manufacturing sector and increasing emphasis on domestic production by developing countries such as China and India within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Pick to Light Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Pick to light Market Leaders Operating in the Market Are:
- Daifuku Co., Ltd. (Japan)
- Murata Machinery Ltd., (Japan)
- SCHAEFER SYSTEMS INTERNATIONAL PVT LTD (Germany)
- Dematic (U.S.)
- Honeywell International Inc (U.S.)
- Vanderlande Industries B.V. (Netherlands)
- Swisslog Holding AG 2 (Switzerland)
- KNAPP AG (Austria)
- Bastian Solutions, LLC (U.S.)
- AIOI-System (Japan)
- Turck (Germany)
- Lightning Pick Technologies (U.S.)
- KBS Industrieelektronik GmbH (Germany)
- Pcdata (Netherlands)
- IHI Corporation (Japan)
- SpeasTech (U.S.)
- Voodoo Robotics (U.S.)
Latest Developments in Pick to light Market
- On June, 2024, AIOI, a company specializing in digital transformation solutions, launched a cutting-edge wireless light module for their pick-to-light systems. This innovative product incorporates NFC technology and includes shock-absorbing covers, making it highly functional and durable
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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