Global Pick to Light Market Projected to Reach US$1060 mn by 2025

Publisher: QYResearch
Published Date: 2019/8/2

The advancements in the wireless technology have led to development and design of wireless pick to light systems, have connected modules and controllers are connected. These systems are plug-n-play systems, which are easy to use in warehouses moving products from shelves to other locations. This light-directed picking and putting solutions provide error-free operations and better productivity that results in a high return. The picking operations are eventually been used for the process of order-fulfillment in the retail and e-commerce industry.

The global pick to light market will witness significant growth due to the rising e-commerce industry, as it offers simplicity, flexibility, and reliability. Pick to light helps to pick more order with reduced errors in less time. Growing demand for speed and reliability in operations that have increasing number of orders has augmented the demand for pick to the light systems. This is a pronounced trend especially in the e-commerce industry. One of the major factors that is pushing the market is the increasing number of user of internet, who are propelling the e-commerce industry.

However, the pick to light systems requires high cost of investment, which creates a negative impact on the growth of the market in the near future.

As per the report insights, the global pick to light market is estimated to be worth US$1060 mn by 2025 from US$730 mn in 2018. The market will register a moderate CAGR of 5.5% throughout the forecast period.

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https://www.qyresearch.com/index/detail/1076315/global-pick-to-light-market
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