Pick to Light Market Size to grow at a CAGR of 8.84% by 2023
The Pick to Light Market is expected to grow from USD 323.7 Million in 2017 to USD 538.2 Million by 2023, at a CAGR of 8.84% between 2017 and 2023. Pick to Light is also known as digital picking system. Factors driving the growth of this market include the emergence of automated warehouses and connected intralogisitcs, growth of the e-commerce industry, and globalization of supply chain network. Moreover, pick to light offers error-free operations, enhanced productivity, and enhanced labor utilization. Manual method expected to hold larger share of Pick to Light Market during forecast period In the manual method, the picker needs to manually confirm the picking activity, whereas in the auto guided method, sensors (primarily photoelectric sensors) are used that automatically acknowledge the picking activity. The manual method is cost-effective and provides high ROI. OMRON (Japan), Wenglor Sensoric GmbH (Germany), and Panasonic (Japan) are some companies that provide sensors...