What is Order Picker?
Order Picker are basically lifting and moving machines which help in picking up specific materials from the large shelves in warehouse. This machines can be powered both by petrol or electric although the recent trend cites more and more companies adopting electric order pickers which adds up both to the sustainable commitments of the company along with increasing efficiency and saving warehouse management costs. Order pickers can be either of manual, semi-automated or fully automated. With Fully automated order pickers being adopted on mass scale by large corporations such as big e-commerce stores. Geographically, North America and Asia Pacific are two biggest markets of order picker.
The market study is broken down by Type (Electric Power and Petroleum Power) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Piab AB (Sweden), Combilift (Ireland), Bastian Solutions, Inc. (United States), Sanderson Group (Australia), Toyota (Japan), Knapp AG (Austria), Crown Equipment Corporation (United States), Mitsubishi Motors Corporation (Japan), Doosan Industrial Vehicles (South Korea) and Hyundai Heavy Industries (South Korea) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Jungheinrich AG (Germany), Clark Material Handling Company (United States) and Hyster-Yale Materials Handling, Inc. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Order Picker market by Type, Application and Region.
On the basis of geography, the market of Order Picker has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Capacity, the sub-segment i.e. Less than 2000 lbs will boost the Order Picker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Order Picker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. E-Commerce will boost the Order Picker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering , the sub-segment i.e. Automated will boost the Order Picker market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2019, Piab AB, a Swedish lifting and moving solutions provider has announced acquisition of TAWI AB which too is a lifting machines and equipment manufacturer. The acquisition bolsters Piab’s product portfolio, and expertise in the field of lifting solutions, allowing the company to position itself more aggressively in semi-automated segment of lifting solutions.
In 2021, Combilift, an Ireland headquartered a manufacturer of forklifts and other load lifting and moving equipment has announced launch of its new Aisle Master OP (AME-OP). The new machine is electric powered. The new machine is credited for its ability to work in narrow spaces, it can lift weights up to 1500 kg to 2500 kg and can pick up its lift up to 12.1m. The new machine is said to better serve the growing need for narrow space saving equipment.
Market Trend
- Electric Powered Order Pickers are Highly Gaining Popularity
Market Drivers
- Increasing Investments in Warehouse Management
- Growth of E-Commerce Market
Opportunities
- Automated Order Pickers have High Potential of Growth with Increasing IoT Applications
Restraints
- Lack of Skilled Manpower for the Maintenance in Developing Countries
Challenges
- Emergence of Local Players in the Market
Key Target Audience
Order Picker Manufacturers, Suppliers and Distributors, Components Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.