Warehouse Order Picking Market Size, Competitive Landscape and Growth Prospects By 2025

Felton, California , USA, May 19, 2021 — /EPR Network/ — The global warehouse order picking market size is projected to reach USD 11.16 billion by 2025 and expected to grow with CAGR of 10.2% over the forecast period, from 2019 to 2025. The increasing demand for automation in warehouses to reduce operational time and to increase order fulfilment productivity is a key factor to drive the market growth over the forecast period. In addition, the rapid growth of the e-commerce sector has increased the demand for warehouses worldwide, thereby, expected to propel the demand for order picking systems.

 

Order picking accounts for around 50-55% cost of the total warehouse operating cost. Hence, the warehouse industry is industry is witnessing shift towards the adoption of new technologies wherein convectional processes are replacing with semi-automated and automated solutions. Convectional method includes paper-based picking in which labours have provided batch numbers to pick up specific orders. This method has been replaced with augmented reality as well as voice-based solutions. These factors are expected to reduce the operational cost, thereby improving efficiency and reduce response time.

 

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Globalization has increased the complexity in supply chain networks due to which market players are outsourcing their storage and manufacturing operations from a third party. Furthermore, growing demand for management of supply chain operations has enforced the companies to upgrade their product as well as service offerings which will help them to gain a maximum customer base.

 

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Warehouse Order Picking Market: Market Variables, Trends & Scope

Chapter 4 Warehouse Order Picking Market: Product Estimates & Trend Analysis

Chapter 5 Warehouse Order Picking Market: Application Estimates & Trend Analysis

Chapter 6 Warehouse Order Picking Market: End-use Estimates & Trend Analysis

Chapter 7 Warehouse Order Picking Market: Industrial End-use Estimates & Trend Analysis

Chapter 8 Warehouse Order Picking Market: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Warehouse Order Picking Market: Manufacturers Company Profiles

 

Top Key Players of Global Warehouse Order Picking Market :

KNAPP AG, Sanderson, Bastian Solutions, Inc., AB & R, QC Software, LLC, and Barcodes, Inc.

 

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