Global Vertical Lift Module (VLM) Market Growth 2025-2031
The global Vertical Lift Module (VLM) market size is predicted to grow from US$ 483 million in 2025 to US$ 718 million in 2031; it is expected to grow at a CAGR of 6.8% from 2025 to 2031.
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.
LP Information, Inc. (LPI) ' newest research report, the “Vertical Lift Module (VLM) Industry Forecast” looks at past sales and reviews total world Vertical Lift Module (VLM) sales in 2024, providing a comprehensive analysis by region and market sector of projected Vertical Lift Module (VLM) sales for 2025 through 2031. With Vertical Lift Module (VLM) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vertical Lift Module (VLM) industry.
This Insight Report provides a comprehensive analysis of the global Vertical Lift Module (VLM) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vertical Lift Module (VLM) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vertical Lift Module (VLM) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vertical Lift Module (VLM) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vertical Lift Module (VLM).
This report presents a comprehensive overview, market shares, and growth opportunities of Vertical Lift Module (VLM) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Level Delivery
Dual Level Delivery
Segmentation by Application:
Automotive
Industrial Manufacturing
Warehousing and Logistics
Aerospace
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vertical Lift Module (VLM) market?
What factors are driving Vertical Lift Module (VLM) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vertical Lift Module (VLM) market opportunities vary by end market size?
How does Vertical Lift Module (VLM) break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.