According to the business intelligence report titled ‘Global Pick to light Market Size, by Operation (Picking and putting), by Method (Manual and auto guided), by Power source (Wireless and Wired), by Industry (Assembly & Manufacturing, Retail & E-commerce, Pharma & cosmetics, Food & beverages, and Others) and Regional Forecasts 2020-2027’, available with Market Study Report, global pick to light market was worth USD 392.09 million in 2019 and is speculated to reach USD 772.14 million by the year 2027, growing with a CAGR of 15.6% throughout.
 

Extensive utilization in warehouses and factories because of benefit of delivering goods quickly, easily, and with less errors, coupled with expansion of e-commerce sector drives the growth of global pick to light market.
 

As per India Brand Equity Foundation, India e-commerce industry was valued at USD 38.5 million in 2017 and is projected to be worth USD 200 million by 2024. Additionally, according to Statista, Germany e-commerce industry was estimated at 110.13 million in 2019 and was poised to surpass USD 121 million by 2020.
 

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For the unversed, pick to light technology helps in efficient picking, assembling, and sorting of goods by using direction light method. It informs operators about production location and quantity required without errors, while reducing the labor cost.
 

Although industrial growth in developing countries like China and India will boost the equipment demand, its unsuitability large for picking areas and in case of heavy goods act as challenge for worldwide pick to light market scenario.
 

Based on operation, the market is classified into putting, and picking. Speaking of method type, global pick to light industry is segregated into manual, and auto guided. Moving on to application scope, the marketplace is bifurcated into food & beverages, retail & e-commerce, pharmaceuticals & cosmetics, and assembly & manufacturing among others.
 

From the regional frame of reference, North America captures majority of global pick to light industry share currently, due to speedy growth of e-commerce vertical. Meanwhile, Asia Pacific market size is projected to record significant y-o-y growth rate over 2020-2027 as a result of swift industrialization.
 

Key players profiled in the report are AIOI Systems Co. Ltd., Daifuku Co. Ltd., Swisslog, Vanderlande, Bastian Solutions Inc., Murata Machinery Ltd., Kardex Group, SSI Schaefer Group (Schaefer Systems International Inc.), Knapp AG and Honeywell Intelligrated.