Product Code: IRTNTR45668
Technavio has been monitoring the pick-to-light market and it is poised to grow by $ 242.66 mn during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our report on pick-to-light 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 increased efficiency in warehouse operations and growing number of fulfilment centers. In addition, increased efficiency in warehouse operations is anticipated to boost the growth of the market as well.
The pick-to-light market analysis includes application segment and geographical landscapes.
Technavio's pick-to-light market is segmented as below:
By Application
- Automotive
- RE3
- Food and beverages
- Manufacturing
- Others
By Geographical Landscapes
- Europe
- APAC
- North America
- South America
- MEA
This study identifies the integration of pick-to-light systems with various management software as one of the prime reasons driving the pick-to-light market growth during the next few years.
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 market covers the following areas:
- Pick-to-light market sizing
- Pick-to-light market forecast
- Pick-to-light market industry analysis
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 market vendors that include Banner Engineering Corp., Daifuku Co. Ltd., Dematic Group, Honeywell International Inc., Ioi System Co. Ltd., Kardex AG, KNAPP AG, Matthews International Corp., SSI SCHAEFER Group, and Toyota Industries Corp.. Also, the pick-to-light market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on 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 an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Automotive - Market size and forecast 2019-2024
- Food and beverage - Market size and forecast 2019-2024
- Manufacturing - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Banner Engineering Corp.
- Daifuku Co. Ltd.
- Dematic Group
- Honeywell International Inc.
- Ioi System Co. Ltd.
- Kardex AG
- KNAPP AG
- Matthews International Corp.
- SSI SCHAEFER Group
- Toyota Industries Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Exhibit
- 1: Key Finding 1
- 2: Key Finding 2
- 3: Key Finding 3
- 4: Key Finding 5
- 5: Key Finding 6
- 6: Key Finding 7
- 7: Key Finding 8
- 8: Parent market
- 9: Market characteristics
- 10: Offerings of vendors included in the market definition
- 11: Market segments
- 12: Global - Market size and forecast 2019 - 2024 ($ million)
- 13: Global market: Year-over-year growth 2019 - 2024 (%)
- 14: Five forces analysis 2019 & 2024
- 15: Bargaining power of buyers
- 16: Bargaining power of suppliers
- 17: Threat of new entrants
- 18: Threat of substitutes
- 19: Threat of rivalry
- 20: Market condition - Five forces 2019
- 21: Application - Market share 2019-2024 (%)
- 22: Comparison by Application
- 23: Automotive - Market size and forecast 2019-2024 ($ million)
- 24: Automotive - Year-over-year growth 2019-2024 (%)
- 25: RE3 - Market size and forecast 2019-2024 ($ million)
- 26: RE3 - Year-over-year growth 2019-2024 (%)
- 27: Food and beverages - Market size and forecast 2019-2024 ($ million)
- 28: Food and beverages - Year-over-year growth 2019-2024 (%)
- 29: Manufacturing - Market size and forecast 2019-2024 ($ million)
- 30: Manufacturing - Year-over-year growth 2019-2024 (%)
- 31: Others - Market size and forecast 2019-2024 ($ million)
- 32: Others - Year-over-year growth 2019-2024 (%)
- 33: Market opportunity by Application
- 34: Customer landscape
- 35: Market share by geography 2019-2024 (%)
- 36: Geographic comparison
- 37: Europe - Market size and forecast 2019-2024 ($ million)
- 38: Europe - Year-over-year growth 2019-2024 (%)
- 39: APAC - Market size and forecast 2019-2024 ($ million)
- 40: APAC - Year-over-year growth 2019-2024 (%)
- 41: North America - Market size and forecast 2019-2024 ($ million)
- 42: North America - Year-over-year growth 2019-2024 (%)
- 43: South America - Market size and forecast 2019-2024 ($ million)
- 44: South America - Year-over-year growth 2019-2024 (%)
- 45: MEA - Market size and forecast 2019-2024 ($ million)
- 46: MEA - Year-over-year growth 2019-2024 (%)
- 47: Key leading countries
- 48: Market opportunity by geography ($ million)
- 49: Impact of drivers and challenges
- 50: Vendor landscape
- 51: Landscape disruption
- 52: Industry risks
- 53: Vendors covered
- 54: Market positioning of vendors
- 55: Banner Engineering Corp. - Overview
- 56: Banner Engineering Corp. - Product and service
- 57: Banner Engineering Corp. - Key offerings
- 58: Banner Engineering Corp. - Key customers
- 59: Banner Engineering Corp. - Segment focus
- 60: Daifuku Co. Ltd. - Overview
- 61: Daifuku Co. Ltd. - Business segments
- 62: Daifuku Co. Ltd. - Key offerings
- 63: Daifuku Co. Ltd. - Key customers
- 64: Daifuku Co. Ltd. - Segment focus
- 65: Dematic Group - Overview
- 66: Dematic Group - Product and service
- 67: Dematic Group - Key offerings
- 68: Dematic Group - Key customers
- 69: Dematic Group - Segment focus
- 70: Honeywell International Inc. - Overview
- 71: Honeywell International Inc. - Business segments
- 72: Honeywell International Inc. - Key offerings
- 73: Honeywell International Inc. - Key customers
- 74: Honeywell International Inc. - Segment focus
- 75: Ioi System Co. Ltd. - Overview
- 76: Ioi System Co. Ltd. - Product and service
- 77: Ioi System Co. Ltd. - Key offerings
- 78: Ioi System Co. Ltd. - Key customers
- 79: Ioi System Co. Ltd. - Segment focus
- 80: Kardex AG - Overview
- 81: Kardex AG - Business segments
- 82: Kardex AG - Key offerings
- 83: Kardex AG - Key customers
- 84: Kardex AG - Segment focus
- 85: KNAPP AG - Overview
- 86: KNAPP AG - Product and service
- 87: KNAPP AG - Key offerings
- 88: KNAPP AG - Key customers
- 89: KNAPP AG - Segment focus
- 90: Matthews International Corp. - Overview
- 91: Matthews International Corp. - Business segments
- 92: Matthews International Corp. - Key offerings
- 93: Matthews International Corp. - Key customers
- 94: Matthews International Corp. - Segment focus
- 95: SSI SCHAEFER Group - Overview
- 96: SSI SCHAEFER Group - Product and service
- 97: SSI SCHAEFER Group - Key offerings
- 98: SSI SCHAEFER Group - Key customers
- 99: SSI SCHAEFER Group - Segment focus
- 100: Toyota Industries Corp. - Overview
- 101: Toyota Industries Corp. - Business segments
- 102: Toyota Industries Corp. - Key offerings
- 103: Toyota Industries Corp. - Key customers
- 104: Toyota Industries Corp. - Segment focus
- 105: Currency conversion rates for US$
- 106: Research Methodology
- 107: Validation techniques employed for market sizing
- 108: Information sources
- 109: List of abbreviations
