Market Research Report
Global Pick-to-Light Systems Market 2022-2026
|Global Pick-to-Light Systems Market 2022-2026|
Published: March 10, 2022
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the pick-to-light systems market and it is poised to grow by $ 384.44 mn during 2022-2026, decelerating at a CAGR of 6.98% during the forecast period. Our 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing number of fulfillment centers, integration of pick-to-light systems with various management software, and increased efficiency in warehouse operations.
The pick-to-light systems market analysis includes the application segment and geographic landscape.
Technavio's pick-to-light systems market is segmented as below:
By Geographical Landscape
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.
Technavio 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. Our report on pick-to-light systems market covers the following areas:
Technavio's 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 AG, Matthews International Corp., microSYST Systemelectronic GmbH, MMCI Automation, Murata Machinery Ltd., Numina Group Inc., Pick To Light Systems S.L., Fritz SCHAFER GmbH and Co KG, 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.
Technavio 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. Technavio's 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.