The Global Market for Pick-to-Light (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 21, 2018--The “Pick to light Market - Forecasts From 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The pick to light market is projected to grow at a CAGR of 9.64% to reach US$610.685 million by 2023, from US$351.6 million in 2017.
The growing competitive environment is leading to firms engaging in strategies that allow them to increase their productivity cost effectively which results in improving the revenue generation opportunity and, eventually, the market share. As such, the firms in different industry verticals are aggressively investing to automate their manufacturing process.
Moreover, the ability of the pick to light system to significantly reduce the human based errors is driving the growth of the market. Furthermore, growing labor cost is further resulting in firms to opt for pick to light system that provides them the benefit of lower cost of ownership in the long run is further supplementing the growth of the market.
Major industry players profiled as part of the report are Toyota Industries Corporation, Knapp AG, Honeywell International Inc., and SSI Schaefer among others.
Key Topics Covered
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. PICK TO LIGHT MARKET BY TYPE
5.1. Modern Systems
5.2. Traditional Systems
6. PICK TO LIGHT MARKET BY INDUSTRY VERTICAL
6.4. Food & Beverage
7. PICK TO LIGHT MARKET BY GEOGRAPHY
7.1. North America
7.2. South America
7.4. Middle East and Africa
7.5. Asia Pacific
8. COMPETITIVE INTELLIGENCE
8.1. Market Share Analysis
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Mathews International Corporation
9.2. Toyota Industries Corporation
9.3. Dematic Group Limited
9.4. Honeywell International Inc.
9.5. Kardex Remstar
9.6. SSI Schaefer
9.7. Aioi-Systems Co. Ltd.
9.8. Vanderlande Industries B.V.
9.9. KBS Industrieelektronik GmbH
9.10. Knapp AG
For more information about this report visit https://www.researchandmarkets.com/research/gzp2km/the_global_market?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181221005184/en/
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SOURCE: Research and Markets
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PUB: 12/21/2018 06:34 AM/DISC: 12/21/2018 06:33 AM