Global Vertical Lift Module VLM Market Research Report 2023(Status and Outlook)

Global Vertical Lift Module VLM Market Research Report 2023(Status and Outlook)

Report Overview

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.

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.

The Global Vertical Lift Module VLM Market Size was estimated at USD 414 million in 2022 and is projected to reach USD 691.33 million by 2029, exhibiting a CAGR of 7.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Vertical Lift Module VLM market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Vertical Lift Module VLM Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Vertical Lift Module VLM market in any manner.

Global Vertical Lift Module VLM Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

Single Level Delivery

Dual Level Delivery

Market Segmentation (by Application)

Automotive

Ammeter

Communication

Consumer Electronics

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Vertical Lift Module VLM Market

Overview of the regional outlook of the Vertical Lift Module VLM Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors