Pick To Light System Market Size, Trends & Analysis - Forecasts To 2025 By Component (Hardware [Light Device, Alphanumeric Bay Displays, Installation Materials], Software); By Application (Retail, Pharmaceutical & Medical Products, Automotive, Consumer Electronics, Others); By Region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa); End-Use Landscape; Vendor Landscape and Competitor Analysis - Global Market Estimates

Pick To Light System Market Size, Trends & Analysis - Forecasts To 2025 By Component (Hardware [Light Device, Alphanumeric Bay Displays, Installation Materials], Software); By Application (Retail, Pharmaceutical & Medical Products, Automotive, Consumer Electronics, Others); By Region (North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa); End-Use Landscape; Vendor Landscape and Competitor Analysis - Global Market Estimates

  • Published Date: October 8 : 2017
  • Base Year for Estimate: 2019
  • Report Id:773

Pick To Light System Market Insights

The global pick to light system market is anticipated to grow at a significant rate over the forecast period.  Factors such as enhanced productivity, accuracy, and more efficient record keeping are anticipated to boost the market growth over the coming years. Also, lower operational costs through reduced labor coupled with minimized errors and predictable picking process are further likely to contribute towards the market growth.

Pick-to-Light system makes use of light devices placed at item locations on flow rack, workstations or other storage media to direct operators to the correct product locations. The operator then scans the bar code license plate attached to either a shipping carton or a tote to launch an order in their zone. Illuminated LEDs guide pickers to the right product location, and shows the exact quantity required.

Moreover, factors such as reduced employee training time coupled with better customer service and an intelligent pick process are projected to drive the global market over the coming years.

pick to light system market

Pick To Light System Market: Component Insights

The global pick to light system market is divided into Hardware and Software, based on components. The hardware segment is sub divided into Light Device, Alphanumeric Bay Displays, and Installation Materials.

Hardware type is projected to grow at a substantial rate over the forecast period. Light Device serves as the primary interface between picking system and the operator. Majority of light devices makes use of LED to trace the product SKU and to identify the exact quantity of the products required to be picked.

Alphanumeric bay displays are mounted on each bay of rack or pick zones. Alphanumeric displays, generally light-emitting diodes, help the operators to find the exact storage location and exact unit requirement of products. The operator sets these items in the container and confirms the activity, usually by pressing a button next to the display. Displays keep on lighting up in the operator's work zone, guiding them towards the next pick up location.

Software segment is anticipated to gain a significant market share over the projected period. The advanced pick-to-light systems come with a solid interface between the PTL software and the users’ ERP, supply chain management, and warehouse management system software.

Pick To Light System Market: Application Insights

The global pick to light system market is segmented into Retail, Pharmaceutical & Medical, Automotive, and Consumer Electronics among others, based on application.

Manufacturing sector is anticipated to grow at a substantial rate over the forecast period, followed by automotive and pharmaceutical sectors. The use of this system is ideal for manufacturing sector as it provides continuous improvement environment by reducing errors and defects in parts and components handling processes. These systems are also widely used in pharmaceuticals, consumer electronics, and automotive sectors.

pick to light system market

Pick To Light System Market: Regional Insights

North America is anticipated to witness a significant growth rate over the forecast period. The regional growth is attributed to the existence of a large number of manufacturing, and pharmaceutical industries across the region.

Asia Pacific is also projected to grow at a substantial rate over the coming years. Factors such as reduced cost coupled with increased efficiency & productivity are anticipated to augment the regional market growth. However, government regulations in favour of labors are likely to restrain the market size over the years.

Pick To Light System Market: End-Use Landscape

The end-use landscape includes a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from the global pick to light systems’ market. The major consumers of the product are Ford and Roche among others.

Pick To Light System Market: Competitor Analysis

Some of the key players profiled in the global pick to light system market include Lightning Pick, Dematic, Voodoo Robotics, MWPVL International, and Bastian Solutions among others.

Please note: This is not an exhaustive list of companies profiled in the report.

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The global pick to light system market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

pick to light system market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the pick to light system market.

pick to light system market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

pick to light system market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies, and customer analytics.

pick to light system market

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