Global Vertical Lift Module (VLM) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Vertical Lift Module (VLM) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Vertical Lift Module (VLM) market size was valued at USD 446.9 million in 2022 and is forecast to a readjusted size of USD 684.8 million by 2029 with a CAGR of 6.3% during review period.

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 Info Research report includes an overview of the development of the Vertical Lift Module (VLM) industry chain, the market status of Automotive (Single Level Delivery, Dual Level Delivery), Industrial Manufacturing (Single Level Delivery, Dual Level Delivery), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Vertical Lift Module (VLM).

Regionally, the report analyzes the Vertical Lift Module (VLM) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Vertical Lift Module (VLM) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Vertical Lift Module (VLM) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Vertical Lift Module (VLM) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Single Level Delivery, Dual Level Delivery).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Vertical Lift Module (VLM) market.

Regional Analysis: The report involves examining the Vertical Lift Module (VLM) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Vertical Lift Module (VLM) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Vertical Lift Module (VLM):

Company Analysis: Report covers individual Vertical Lift Module (VLM) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Vertical Lift Module (VLM) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Industrial Manufacturing).

Technology Analysis: Report covers specific technologies relevant to Vertical Lift Module (VLM). It assesses the current state, advancements, and potential future developments in Vertical Lift Module (VLM) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Vertical Lift Module (VLM) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

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.

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
Modula
Hanel
SSI Schaefer
Ferretto Group
Gonvarri Material Handling
Vidmar
ICAM
SencorpWhite
Mecalux
KSEC
Second Institute of CETGC
Effimat Storage Technology
Weland
RunningSys Inc.
UN Industry

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Vertical Lift Module (VLM) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Vertical Lift Module (VLM), with price, sales, revenue and global market share of Vertical Lift Module (VLM) from 2018 to 2023.

Chapter 3, the Vertical Lift Module (VLM) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Vertical Lift Module (VLM) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Vertical Lift Module (VLM) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Vertical Lift Module (VLM).

Chapter 14 and 15, to describe Vertical Lift Module (VLM) sales channel, distributors, customers, research findings and conclusion.