Global Pick-to-Light Systems Market 2019-2023

Global Pick-to-Light Systems Market 2019-2023

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. Technavio’ s 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 operations

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 our 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.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automated material handling equipment (AMHE) market
      • Table Segments of global automated material handling equipment (AMHE) market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Automotive - Market size and forecast 2018-2023
      • Table Automotive - Market size and forecast 2018-2023 ($ millions)
      • Table Cumulative growth rate for vehicle production 2012-2017 (%)
      • Table Automotive - Year-over-year growth 2019-2023 (%)
    • Retail, e-commerce, and 3PL - Market size and forecast 2018-2023
      • Table Retail, e-commerce, and 3PL - Market size and forecast 2018-2023 ($ millions)
      • Table Retail, e-commerce, and 3PL - Year-over-year growth 2019-2023 (%)
    • Food and beverage - Market size and forecast 2018-2023
      • Table Food and beverage - Market size and forecast 2018-2023 ($ millions)
      • Table Food and beverage - Year-over-year growth 2019-2023 (%)
    • Manufacturing - Market size and forecast 2018-2023
      • Table Manufacturing - Market size and forecast 2018-2023 ($ millions)
      • Table Manufacturing - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bastian Solutions Inc.
      • Table Bastian Solutions Inc. - Vendor overview
      • Table Bastian Solutions Inc. - Product segments
      • Table Bastian Solutions Inc. - Organizational developments
      • Table Bastian Solutions Inc. - Key offerings
    • Daifuku Co. Ltd.
      • Table Daifuku Co. Ltd. - Vendor overview
      • Table Daifuku Co. Ltd. - Business segments
      • Table Daifuku Co. Ltd. - Organizational developments
      • Table Daifuku Co. Ltd. - Geographic focus
      • Table Daifuku Co. Ltd. - Segment focus
      • Table Daifuku Co. Ltd. - Key offerings
    • Kardex Group
      • Table Kardex Group - Vendor overview
      • Table Kardex Group - Business segments
      • Table Kardex Group - Organizational developments
      • Table Kardex Group - Geographic focus
      • Table Kardex Group - Segment focus
      • Table Kardex Group - Key offerings
    • Matthews International Corp.
      • Table Matthews International Corp. - Vendor overview
      • Table Matthews International Corp. - Business segments
      • Table Matthews International Corp. - Organizational developments
      • Table Matthews International Corp. - Geographic focus
      • Table Matthews International Corp. - Segment focus
      • Table Matthews International Corp. - Key offerings
    • SSI Schaefer Group
      • Table SSI Schaefer Group - Vendor overview
      • Table SSI Schaefer Group - Business segments
      • Table SSI Schaefer Group - Organizational developments
      • Table SSI Schaefer Group - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of vendor positioning
      • Table Definition of vendor positioning
  • Explore Technavio

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