A vertical lift module (VLM) is an enclosed system that consists of two columns of trays with an inserter/extractor in the center. The VLM inserter/extractor automatically locates stored trays and retrieves trays from both the front and back of the unit with a push of a button and delivers them to the operator at an ergonomically positioned pick window.
According to our (Global Info Research) latest study, the global Vertical Lift Module (VLM) market size was valued at USD 459.9 million in 2022 and is forecast to a readjusted size of USD 751.9 million by 2029 with a CAGR of 7.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Vertical Lift Module (VLM) key players include Kardex Remstar, Modula, Hanel, etc. Global top three manufacturers hold a share about 50%.
Europe is the largest market, with a share about 35%, followed by North America and Asia-Pacific, both have a share about 55 percent.
In terms of product, Single Level Delivery is the largest segment, with a share about 60%. And in terms of application, the largest application is Industrial Manufacturing, followed by Automotive.
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This report is a detailed and comprehensive analysis for global Vertical Lift Module (VLM) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market Segmentation
Vertical Lift Module (VLM) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Single Level Delivery
Dual Level Delivery
Market segment by Application
Automotive
Industrial Manufacturing
Warehousing and Logistics
Aerospace
Others
Major players covered
Kardex Remstar
Modula
Hanel
SSI Schaefer
Ferretto Group
Mecalux
Vidmar
KSEC
Gonvarri Material Handling
Second Institute of CETGC
ICAM
Effimat Storage Technology
Weland Lagersystem
RunningSys Inc.
UN Industry
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