#Global Vertical Lift Module (VLM) Market Forecast
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Automated Storage and Retrieval Systems Market Growth and Demand Analysis by 2032
The global automated storage and retrieval system (ASRS) market is projected to reach $24 billion by 2032, from $10.2 billion in 2022 .
Demand for ASRS is projected to grow at over 9.1% on an annual basis , primarily driven by usage across retail warehouses over the forecast period 2022-32.
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The readability score of the Automated Storage and Retrieval Systems Market Demand report is good as it provides a chapter-by-chapter layout with each section broken into smaller sections.
Reports include graphs and tables showing the entire assembly. The graphical presentation of confirmed and estimated values of key segments is visually appealing to the reader.
This Automated Storage and Retrieval Systems Market Perspective report discusses important dynamics such as drivers, restraints, and opportunities for key players along with key stakeholders and emerging players involved in product manufacturing, as well as a competitive analysis of the Automated Storage and Retrieval Systems market.
The extended oral antibiotics market key trends analysis also provides the dynamics affecting future sales and demand during the forecast period.
market player
Daifuku Co., Ltd.
Murata machine
Dematic GmbH & Co. KG
Vanderlande Industries
TGW Logistics Group
system logistics spa
westphalia Technologies,
honeywell integration
Swisslog Holding AG
Invatar Intralogistics
How can the Automated Storage and Retrieval Systems market report make a difference to the revenue impact and strategies of businesses?
Fact.MR strives to provide comprehensive assessments of opportunities in various regions and technology segments. The study also offers an uncluttered data-driven insights into the growth avenues of the Automated Storage and Retrieval Systems Market and all its segments. Some of the ways the study can make a discernible impact are by offering evidence-based perspectives on:
Attractiveness quotient of emerging product/technology types in various products in the Automated Storage and Retrieval Systems Market.
Micro-economics factors that may hamper the prospects of some of the key segments
Recent spate of research and development (R&D) funding on key Automated Storage and Retrieval Systems Market
New business models paving way for disruptions in demand dynamic of key segments
Regional markets that will be future engine of growth and the industry trends that will support these markets
Challenges overcoming which may offer industry players competitive edge
Automated Storage and Retrieval Systems Market Key Segments
· By Type
Unit-load AS/RS
Mini-load AS/RS
Vertical Lift Modules (VLMs)
Horizontal Carousels
Vertical Carousels
Shuttle- and Bot-based AS/RS
Micro-Load (Stocker)
· By Category
Standalone
Integrated
· By Industry
Automotive
Food and Beverage
Electrical and Electronics
Healthcare
Retail and e-commerce
Others
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Questionnaire answered in the Market outlook Report of Automated Storage and Retrieval Systems Market include:
What is the key strategy deployed by large players to maximize Automated Storage and Retrieval Systems Marketgrowth?
What are the main challenges faced by players in the Automated Storage and Retrieval Systems Market Demand?
With the advent of technological advancement, how will the Automated Storage and Retrieval Systems Market landscape change over the forecast period?
What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Automated Storage and Retrieval Systems Market size?
How will be insights and market estimations provided in the Fact.MR report on the Demand of Automated Storage and Retrieval Systems make a difference?
The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
Provides scrutiny of the industry trends that have shaped recent government policies
Provides an account of major breakthroughs in all segments that might change the course of the market considerably
Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Automated Storage and Retrieval Systems Market
Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
Evaluate the role of different funding tiers for new growth vehicles in key regional markets.
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Vertical Lift Module (VLM) Market to 2025 - Global Analysis
The “Vertical Lift Module Market to 2025 by End-users (Automotive, Electronics, E-Commerce, Food & beverage, Pharmaceuticals, Logistics, Aerospace, Retail and Others) – Global Analysis and Forecast” The scope of study involves understanding on the factors responsible for this growth of Vertical Lift Module market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant vertical lift module players in the market and their key developments.
The Vertical Lift Module Market is US$ 743.8 million in 2016 and is estimated to reach US$ 1667.6 million by 2025. VLM is such a storage solution, which salvages more than 80% of floor space by stacking the material in vertical shelves. Also, these storage systems are designed in such a way that they deliver the stored product to an operator at an ergonomically located position just on the push of a button, with minimal manual efforts. This effortless delivery results in time saving and significant rise in productivity at the workplace. Also, the modular structure of these systems ensure flexibility and scalability. Thus, need for fast, space efficient, and cost effective storage systems along with maximum throughput and productivity, is driving the market for vertical storage solutions, across most of the end-user industries. Furthermore, broader product mixes and assortments for consumer based goods are demanding for a systematic storage warehouses where time and cost savings can be achieved. Consequently, these factors are driving the vertical lift module market by a CAGR of 9.5% between 2017 and 2025.
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Vertical Lift Module market can be further segmented by end-users into automotive, electronics, food & beverage, e-commerce, aerospace, logistics, pharmaceuticals, retail and others (agriculture, construction, oil & gas). Some of the major players influencing Vertical Lift Module market are Hanel Storage Systems, Interlake Mecalux, Kardex Group, AutoCrib, Inc. (Lauyans & Co.), MDCI Automation, SencorpWhite, System Logistics SpA, SSI Schaefer Systems International, Effimat Storage Technology, Constructor Group that includes Kasten and Dexion, Weland Lagersystem AB, Modula S.p.A, Ferretto Group SpA, ICAM srl and Zechetti S.R.I among others.
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Vertical Lift Module Market Latest Innovations, Future Scope and Market Trends
The Global Vertical Lift Module Market accounted for US$ 808.5 Mn in 2017 and is expected to grow at a CAGR of 9.5% during the forecast period 2017 – 2025, to account for US$ US$ 1667.6 Mn in 2025.
The vertical lift module market comprises of storage systems that are automated and on operators commands are used for either storage or retrieval of products inside a warehouse for optimization and space efficiency needs. The space efficiencies achieved coupled with rising demands for strategically managed SCM by various end-user industries especially retail, e-commerce, and logistics are drastically creating opportunities for implementations of such storage systems in the recent times. Europe, being a technologically advanced region along with high number of small and large enterprises, has witnessed highest adoptions of vertical lift modules by various organizations. North America is the second largest adopter of vertical lift module solutions, while APAC region with growing numbers of various organizations and increasing technological trends lags behind the above two regions. Global vertical lift module market is expected to grow from US$ 743.8 million in 2016 to US$ 1667.6 million by 2025 at a CAGR of 9.5% between 2017 and 2025.
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The Vertical Lift Module Market is US$ 743.8 million in 2016 and is estimated to reach US$ 1667.6 million by 2025. VLM is such a storage solution, which salvages more than 80% of floor space by stacking the material in vertical shelves. Also, these storage systems are designed in such a way that they deliver the stored product to an operator at an ergonomically located position just on the push of a button, with minimal manual efforts. This effortless delivery results in time saving and significant rise in productivity at the workplace. Also, the modular structure of these systems ensure flexibility and scalability. Thus, need for fast, space efficient, and cost effective storage systems along with maximum throughput and productivity, is driving the market for vertical storage solutions, across most of the end-user industries. Furthermore, broader product mixes and assortments for consumer based goods are demanding for a systematic storage warehouses where time and cost savings can be achieved. Consequently, these factors are driving the vertical lift module market by a CAGR of 9.5% between 2017 and 2025.
Vertical Lift Module market can be further segmented by end-users into automotive, electronics, food & beverage, e-commerce, aerospace, logistics, pharmaceuticals, retail and others (agriculture, construction, oil & gas). Some of the major players influencing Vertical Lift Module market are Hanel Storage Systems, Interlake Mecalux, Kardex Group, AutoCrib, Inc. (Lauyans & Co.), MDCI Automation, SencorpWhite, System Logistics SpA, SSI Schaefer Systems International, Effimat Storage Technology, Constructor Group that includes Kasten and Dexion, Weland Lagersystem AB, Modula S.p.A, Ferretto Group SpA, ICAM srl and Zechetti S.R.I among others.
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VLM systems also play important role in robotics; where they are used to guide the autonomous robots called as ‘self-navigating robots’. Various industries such as electronics, automotive, aerospace, food & beverage, pharmaceuticals and electronics are pretty concerned about reducing labor intensive processes, increasing accuracy and speed for the task of storage and then retrieval of their products whenever required. VLMs are highly flexible and can be relocated.
The global Vertical Lift Module market by geography is segmented into five regions including North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe region is expected to account for the largest share of the global vertical lift module market in 2016, followed by North America. Germany being the key automotive hub in European region is expected to lead the vertical lift module market in this region, and is also expected to continue dominance throughout the forecast period from 2017 to 2025.
List of companies
1. Hanel Storage Systems
2. Interlake Mecalux
3. Kardex Group
4. AutoCrib, Inc. (Lauyans & Co.)
5. MDCI Automation (Sapient Automation)
6. SencorpWhite
7. System Logistics Spa
8. SSI Schaefer Systems International
9. EffiMat Storage Technology A/S
10. Constructor Group AS (Kasten and Dexion)
11. Weland Lagersystem AB
12. Modula S.p.A
13. Ferretto Group Spa
14. ICAM srl
15. Zecchetti s.r.l.
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Automated Storage And Retrieval System Market: Insights into the Competitive Scenario of the Market 2026
Automated Storage And Retrieval System Market: Introduction
Automated storage and retrieval system is a computer controlled system for automatic storage and retrieval of loads or goods in a warehouse or inventory. Automated storage and retrieval system helps in increasing the productivity and efficiency of any warehouse or inventory by reducing the labor size and utilizing the use of space more effectively. Furthermore, the automated storage and retrieval system can handle the high volume of loads effectively and also in safe and secure manner as compared to the manual handling systems.
Automated storage and retrieval system consists of four basic components such as, storage and retrieval machines, rack structure, conveyer (or Automated Guided Vehicles) interface, and warehouse control system. The storage and retrieval machines are controlled by warehouse control system which guides the machines throughout the warehouse. Furthermore, the type of automated storage and retrieval systems to be used depends upon different type of loads or goods. For instance, unit load or aisle systems are used for larger loads and mini load systems are used to handle smaller loads in any warehouse.
Moreover, an automated storage and retrieval systems have many applications in warehouses and material handling industries such as, kitting, storage, order picking, buffering, assembly line, etc. The diversified applications of automated storage and retrieval systems attributed to its benefits associated such as, reduced labor requirement, enhanced product safety, increased productivity and efficiency and reduced product storage and retrieval time.
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Automated Storage And Retrieval System Market: Dynamics
The Automated storage and retrieval system can increase the overall efficiency of any warehouse environment, providing relatively more safety and convenience than the manual handling systems. Furthermore, automated storage and retrieval systems can offer easy storage and retrieval process of goods, storage optimization by using vertical lift module and effective management of large volume of products. Increasing labor cost and stringent government standards and regulations related to workers safety to push the demand of automation across different industries which is expected to drive the automated storage and retrieval systems market.
Furthermore, increasing industrial sector will increase the need of warehouses and distribution centres across the globe which is expected to trigger the growth of automated storage and retrieval system over the forecast period. However, the initial investment and maintenance cost of automated storage and retrieval systems is very high and requirement of skilled workers to handle the warehouse control system is at high importance. These factors could hamper the growth of automated storage and retrieval market over the forecast period.
Automated Storage And Retrieval System Market: Segmentation
basis of type of systems
Fixed-Aisle or Unit-Load
Movable-Aisle
Mini-Load
Micro-Load
Vertical carousels
Horizontal carousels
Vertical Lift Module (VLM)
basis of applications
Storage
Order picking
Assembly
Kitting
Maintenance & Repair Parts
Replenishment & Returns
Buffering
basis of end use industries
Automotive
Chemicals
Food & Beverage
Medical devices and equipment (Healthcare)
Semiconductor & Electronics
Textile
Paper & Pulp
Metal & Mining
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Automated Storage And Retrieval System Market: Regional Outlook
Europe is estimated to account for the dominant share in the global automated storage and retrieval system market owing to stringent government regulations by European Commission for material handling. The production facilities of prominent car manufacturers, automotive component supplier warehouses, significant retailing industry to attribute towards prominent share of the region in the global automated storage and retrieval system market over the forecast period. Growing awareness related to workers safety, efficient operations, lowering the lead time, among other factors to drive the North America Automated storage and retrieval system market over the forecast period.
Asia Pacific owing to growing automotive and construction industry in countries such as India, ASEAN, China, and Japan is projected to increase in new warehouses, distributor centers, retailer centers, among others to fuel the global Automated storage and retrieval system market. Latin America and Middle East & Africa regions may register growth in end-use industries with the increasing number of warehouses demanding automated storage and retrieval system.
Automated Storage And Retrieval System Market: Key Players
Some of the market participants in the global automated storage and retrieval system market are:
WESTFALIA TECHNOLOGIES, INC.
Daifuku Co., Ltd.
Invata Intralogisitcs
Honeywell Intelligrated
Bastian Solutions, Inc.
Kardex Group
UNARCO MATERIAL HANDLING, INC
KION GROUP AG
Murata Machinery, Ltd.
Schneider Electric
Swisslog Holding Ltd
Automation Logistics Corporation
Ferretto Group S.p.a.
The research report on automated storage and retrieval system market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated automated storage and retrieval system market data. It also contains projections using a suitable set of assumptions and methodologies. The automated storage and retrieval system market research report provides analysis and information according to market segments such as geographies, application, and industry.
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Automated Storage And Retrieval System Market to Exhibit Rapid Surge in Consumption in the COVID-19 Crisis 2026
Market Scenario
Global Automated Storage and Retrieval System Market (ASRS) is expected to reach US$ 7.8Bn by 2026 from US$ 3.5Bn in 2017 at CAGR of 10.5%.
Global automated storage and retrieval system (ASRS) market are segmented by type, function, industry and region. Type is divided into a unit load, mini load, vertical lift module (VLM), carousel, mid load, and auto store. A function is classified as assembly, kitting, order picking, distribution and storage. The industry is categorised into automotive, chemicals, aviation, semiconductor & electronics, E-Commerce, food & beverages, healthcare, and metals & heavy machinery. Region-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
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Global Automated Storage and Retrieval System Market (ASRS)
The major factor driving the growth of global automated storage and retrieval system (ASRS) market is a growing demand for consumer electronic products across the world. Continuous innovation and technological advancement such as artificial intelligence, IoT and virtual reality in consumer electronic products have increased the demand for this industry. The high demand for consumer electronic products across the globe has created the need for automated storage and retrieval system in the consumer electronics industry for handling inventory and picking and storing materials. Additionally, the automotive industry is anticipated to propel the growth of automated storage and retrieval system market in near future. Rise in demand for the electric car is the key driving factor for the growth of the automotive industry. The high initial share required for automated storage and retrieval system can limit the growth of the market. But, automated storage and retrieval system can improve the productivity and efficiency of the company and also reduces the labour cost.
Based on function, order picking segment is anticipated to grow with highest CAGR between forecast periods. Automated Storage and Retrieval System is broadly used for picking orders in warehouses, manufacturing plants, and distributions centres. This automated storage and retrieval system picks up the finished orders from the manufacturing plants and transports it to warehouses and distribution centre.
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On the basis of type, Unit-Load is dominating the market. The Unit-Load automated storage and retrieval system (ASRS) market are designed for larger loads which are pallets or pallet-sized loads. Some of the systems are over 100 feet tall. Unit-Load ASRS systems are bigger systems that typically store pallet loads. Smaller systems which are usually called mini-load ASRS allow selection of items in totes, trays or cartons. The benefits of a fixed aisle system such as ASRS are the reduced space required and the compact labour needed to store and retrieve materials efficiently.
In terms of region, Asia Pacific automated storage and retrieval system market is estimated to register the highest CAGR growth during the forecast period. Increasing e-commerce industry is expected to trigger the growth of the automated storage and retrieval system ASRS market. The rising trend of online shopping, increased automotive industry, and innovation in consumer electronic products anticipates propelling the growth of the market.
Key players operating on the ASRS market are, Arkrobot, Automation Logistics Corporation, Bastian Solutions, Inc., Beumer Group, Daifuku Co., Ltd., Dematic GmbH & Co. Kg, Flexe, Inc., Green Automated Solutions, Kardex Group, Knapp AG, Kubo Systems, Mecalux S.A., Murata Machinery, Ltd., SSI Schaefer Group, Swisslog Holding AG, System Logistics Corporation, TGW Logistics Group GmbH, and Vanderlande Industries BV.
Scope of the Global Automated Storage and Retrieval System Market (ASRS)
Global Automated Storage and Retrieval System Market (ASRS), by Type
• Unit load • Mini load • Vertical lift module (VLM) • Carousel • Mid load • Auto store Global Automated Storage and Retrieval System Market (ASRS), by Function
• Assembly • Kitting • Order picking • Distribution • Storage Global Automated Storage and Retrieval System Market (ASRS), by Industry
• Automotive • Chemicals • Aviation • Semiconductor & electronics • E-Commerce • Food & beverages • Healthcare • Metals & heavy machinery
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Global Automated Storage and Retrieval System Market (ASRS), by Region
• North America • Europe • Asia Pacific • Middle East and Africa • Latin America
Key players operating in Global Automated Storage and Retrieval System Market (ASRS),
• Arkrobot • Automation Logistics Corporation • Bastian Solutions, Inc. • Beumer Group • Daifuku Co., Ltd. • Dematic GmbH & Co. Kg • Flexe, Inc. • Green Automated Solutions • Kardex Group • Knapp AG • Kubo Systems • Mecalux S.A. • Murata Machinery, Ltd. • SSI Schaefer Group • Swisslog Holding AG • System Logistics Corporation • TGW Logistics Group GmbH • Vanderlande Industries BV.
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Vertical Lift Module Market Expand at the Fastest CAGR of ~ 7.7% During the Forecast Period 2018 and 2026
Consistently accounting for a considerably large value share in the global material handling equipment industry in terms of sales volume, vertical lift module is witnessing visible traction over the past few years – attributed to the potential to address the space-saving challenge. With a profound revenue share, vertical lift module equipment demand will continue to foster in automotive and machinery tool equipment sectors.
The predominant factor driving the demand for vertical lift module (VLM) is rampant development of the large-scale industrial sector in rapidly thriving economies such as South East Asia Pacific including China and India, and Middle East & Africa. On the other side, development of the commercial sector and strengthening of the infrastructural sector will continue to remain at the forefront in the key global economies - North America and Western Europe. This is identified to be another major factor fueling the demand for VLM globally.
In a recently conducted study on the global market for vertical lift module, Persistence Market Research indicates that the global VLM market will represent a healthy CAGR of 7.7% over an eight-year projection period 2018-2026, reaching the value in excess of US$ 1.5 Bn by the end of forecast period. In terms of delivery, single level delivery has been estimated to account for maximum value share in the VLM market, witnessing the highest demand expected from automotive and machinery & heavy equipment end use sectors.
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Industry Inclination towards Automation to Spur VLM Demand
Being an important component of the ASRS, i.e. automated storage/retrieval systems, vertical lift module will continue to register robust demand following the growth of ASRS section over the forecast period. Industries such as transportation, logistics, and distribution are also slated to continue fueling the sales of vertical lift module market. In addition, retail, FMCG, chemical, pharmaceutical industries will continue to strongly support the VLM demand over the assessment period. Moreover, the escalating demand for warehouse space also will translate to high traction for vertical lift module in next few years.
Increasing preference for automated vertical storage systems by automotive manufacturers and dealership departments to overcome the storage space challenge will encourage vertical lift module sales in the near future. Growing demand for safe and secure inventory especially in pharma and medical sectors, will also provide an impetus to VLM equipment that supports a lean inventory and logistics model to operate across the industry.
APAC Set to Take over Europe and North America in Terms of Pace; European Markets to Witness Dwindling Production
While North American market for vertical lift module is anticipated to remain a major revenue shareholder in the VLM market throughout the assessment period, Asia Pacific will possibly witness significant expansion at a relatively higher CAGR over 2018-2026. However, PMR believes that the growth of European market for vertical lift module will remain relatively poor - even below the CAGR of 4% during 2018-2026 – prominently attributed to the cyclical fluctuations in core European markets for VLM.
Growth of the vertical lift module market in Asia Pacific is owing to the escalating demand for automation in rapidly developing countries such as China, Japan, Malaysia, South Korea, Taiwan, and Indonesia. Increasing automation will generate higher demand for more stringent regulatory measures targeting employee safety, towering labor costs, and the incessant need for improved accuracy with better control on processes – triggering the demand for VLM. OSHA (Occupational Safety and Health Administration) has recently announced to have a set of standards specifically for automated handling systems – to assure employee safeguarding at workplaces. This has been spotted as a significant factor pushing the demand for vertical lift module in the upcoming years.
APAC’s manufacturing industry continues to pose stiff competition to already automated industries in North American and European regions. To be able to gain a competitive advantage over other regional players, VLM market participants in APAC are presumed to focus on complete adoption of automated processes - slashing down the gross operational costs and improve overall efficiency. As depicted in the vertical lift module report presented by PMR, the estimated VLM market value for APAC holds a strong promise to outweigh the collective revenue of North America and Europe over the next few years.
According to PMR’s research experts, European countries will continue to face the cyclic variability resulted as the consequence of general risks associated with global economic developments. Moreover, country-specific debt problems and persistent geopolitical uncertainties are likely to influence the region’s economic stability. Furthermore, sector-specific risks are expected to straightaway impact the VLM market volume in the near future. Also, as the GDP has been continuously on a lower side over the recent past, the production of vertical lifts will also possibly continue to witness contraction over the forecast period. Low replacement rates are observed to be a major concern for key market players throughout the forecast period.
Key Players in VLM Market to Strategize Collaborations, M&A, and Production Output Extension
To sustain a strong foothold in the vertical lift module marketplace, a majority of VLM market players are preferring consolidation of sales and distribution network, coupled with quality aftersales service as a necessity. On the similar line, vertical lift module market participants are expected to focus on strengthening their partnerships and long-term contracts with leading distributors in the VLM market and end users.
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Manufacturing facility expansion, strategic collaborations, new product launch, and M&A are currently at the top of VLM manufacturers’ minds, as observed by PMR experts. A majority of vertical lift module companies are taking efforts in pushing their production output for targeting white space opportunities and untapped consumer bases in the VLM market. Besides M&A, new product launch will remain an important strategy adopted by key players in the vertical lift module market, helping them assess the new market entry strategy for maximum number of target market regions across the globe.
Several companies are increasingly preferring to enter new collaborations with leading stakeholders in the vertical lift module market with an objective to operate manufacturing facilities more efficiently and profitably. Technology optimization, coupled with latest technology innovations such as incorporation of auto-assist features, are also being considered as sought after strategies among VLM manufacturers. Key market players in VLM space are also strategizing to capitalize on various opportunities existing in the flourishing online retail/Ecommerce sector.
Companies covered in Vertical Lift Module Market Report
Company Profiles
Hanel GmbH & Co. Kg.
Modula Inc.
Weland Lagersystem AB
EffiMat Storage Technology A/S
DMW&H
Automha SPA
ICAM Srl
Constructor Group (Gonvarri Mat
Daifuku Co. Ltd.
Jungheinrich AG
EBHARDT Fördertechnik GmbH
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Global Vertical Lift Module (VLM) Market Anticipated to Grow at a CAGR of 9.18% 2018 to 2023
Global Vertical Lift Module (VLM) Market Anticipated to Grow at a CAGR of 9.18% 2018 to 2023
Global Vertical Lift Module (VLM) market2018 report provides CAGR and quotes the industry range for manufacturers, commodity sections, application sections, regions sections. The Vertical Lift Module (VLM) market report investigation aid all of the players at examining the most recent trends and also industry coverages. The vital details associated with Vertical Lift Module (VLM) industry just…
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#Global Vertical Lift Module (VLM) Market Analysis#Global Vertical Lift Module (VLM) Market Forecast#Global Vertical Lift Module (VLM) Market Outlook#Global Vertical Lift Module (VLM) Market Trends
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Global Vertical Lift Module (VLM) Industry Market Research Report by 2020-2026
The report, titled Global Vertical Lift Module (VLM) Market 2020-2026, is an exhaustive document that gives significant insights into market components like drivers, restrictions, competitive landscape, and technology development. For a superior comprehension of the market, the report offers a complete analysis of the key segments and future development possibilities. The report conveys important insights on market revenue, SWOT Analysis, market share, benefit estimation and regional landscape of this business vertical. The report focuses on significant development factors and obstacles accepted by market leaders in the Vertical Lift Module (VLM) Industry market.
The Vertical Lift Module (VLM) market report additionally covers an overview of the fragments and sub-division’s including the product types, applications, organizations and regions. This report evaluates the market division just as the competitive landscape on a global and country level. The report gives revenue of the Vertical Lift Module (VLM) market for the period 2020-2026, thinking about 2019 as the base year and 2026 as the forecast year. The report also gives the compound annual development rate for the Vertical Lift Module (VLM) market during the forecast period 2020-2026. The report gives an inside and out analysis of the overall market structure of Vertical Lift Module (VLM) and evaluates the possible changes in the current as well as future serious situations of the Vertical Lift Module (VLM) market.
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Key Players Mentioned at the Vertical Lift Module (VLM) Market Report:
ZecchettiInterlake MecaluxSencorpWhiteConstructor Group (Kasten and Dexion)Effimat Storage TechnologyICAMModulaWeland LagersystemMDCI Automation (Sapient Automation)Ferretto GroupHanelKardex RemstarAutoCrib, Inc.(Lauyans and Co.)System LogisticsSchaefer Systems InternationalDMW&H
Applications
Automotive
Electronics
Food and Beverage
Aerospace
Logistics
E-Commerce
Others
Types
Dual-Level Delivery
Single-Level Delivery
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Vertical Lift Module (VLM) Market: Regional analysis includes:
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt.)
What does this report suggest?
* Comprehensive global and regional analysis of the Vertical Lift Module (VLM) Market. * Comprehensive inclusion of all segments of Vertical Lift Module (VLM) Market to analyze patterns, global market improvements and forecast regarding market size till 2026. * Comprehensive analysis of the organizations operating in the world market. Organization profile incorporates analysis of product portfolio, revenue, SWOT analysis and most recent improvements of the organization. * The development matrix presents an analysis of the product segments and geographies on which market players need to focus in order to invest, consolidate, develop and / or diversify. * Thorough valuing analysis based on product, application, and regional fragments.
This exclusive study addresses key questions for partners in the Vertical Lift Module (VLM) Market:
1. What are the key improvements anticipated to occur in the Vertical Lift Module (VLM) market during the period of 2020-2026? 2. What are the significant procedures adopted by players working in the Vertical Lift Module (VLM) market? 3. Which end-client fragment will stay a key supporter to the development of the Vertical Lift Module (VLM) market? 4. What are the significant patterns stimulating the development of the Vertical Lift Module (VLM) market? 5. Which application fragment will bode rewarding development open doors for the Vertical Lift Module (VLM) market?
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Research On World Vertical Lift Module (VLM) Market Report 2025
Report on World Vertical Lift Module (VLM) Market by Product Type, Market, Players and Regions-Forecast to 2025 by DecisionDatabases.com
Vertical Lift Module (VLM) market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.
Final Report will cover the impact of COVID-19 on this industry.
Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/51634-world-vertical-lift-module-vlm-market-report
The Players mentioned in our report
Kardex Remstar
KSEC
Modula
Vidmar
Hanel
Second Institute of CETGC
Mecalux
Ferretto Group
Gonvarri Material Handling
SSI Schaefer
UN Industry
ICAM
RunningSys Inc.
Effimat Storage Technology
Weland Lagersystem
Global Vertical Lift Module (VLM) Market: Product Segment Analysis
Single Level Delivery
Dual Level Delivery
Global Vertical Lift Module (VLM) Market: Application Segment Analysis
Automotive
Industrial Manufacturing
Warehousing and Logistics
Aerospace
Global Vertical Lift Module (VLM) Market: Regional Segment Analysis
USA
Europe
Japan
China
India
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There are 10 Chapters to Deeply Display the World Vertical Lift Module (VLM) Market. Chapter 1 About the Vertical Lift Module (VLM) Industry Chapter 2 World Market Competition Landscape Chapter 3 World Vertical Lift Module (VLM) Market share Chapter 4 Supply Chain Analysis Chapter 5 Company Profiles Chapter 6 Globalisation & Trade Chapter 7 Distributors and Customers Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries Chapter 9 World Vertical Lift Module (VLM) Market Forecast through 2025 Chapter 10 Key success factors and Market Overview
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Other Reports by DecisionDatabases.com:
World Artificial Lift System Market by Product Type, Market, Players and Regions-Forecast to 2025
World Telescopic Boom Lift Market Research Report 2025 (covering USA, Europe, China, Japan, India, South East Asia and etc)
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Global Vertical Lift Module Market Outlook Highlights Major Opportunities by 2020
Vertical lift module (VLM) is an enclosed system which comprises two columns of tray, each of which is separated into fixed shelf locations with an extractor or inserter in the center which can hold a single storage module such as a tray. The VLM automatically locates the stored trays and retrieves them from both the back and front of the unit by pushing a button and delivers them to the operator at an ergonomically positioned pick window. The VLM is designed to eliminate search time and to deliver the stored items to the operator. The module is capable of increasing the productivity up to two third (2/3). Vertical lift module is ideal for reducing the requirement of floor for stored materials. The module has the capability of reducing the square feet as much as 90% while saving money, time, and also increasing productivity. These modules are majorly used for order picking, kitting, consolidation, buffering, parts handling, buffer storage, inventory storage, and various other similar operations. They also help in improving the worker ergonomics, increasing labor productivity, and helps in controlling the ongoing process. VLMs are majorly utilized in automotive, industrial, and healthcare applications.
Increasing need for optimizing the floor space in warehouses, and rising warehouse rentals is expected to drive the VLM market over the forecast period. The benefits associated with the deployment of VLM as compared to standard shelving systems and increasing focus on worker safety and security has also influenced the VLM market growth positively. Furthermore, increasing global warehouse investments, integration of robotics, and growing demand for dual-delivery for numerous end-users is also anticipated to enhance the VLM market growth. VLMs are capable of reducing the labor while maintaining the pick volume, resulting in reduced operating cost in maintaining the warehouses, leading to increased adoption of the module. All the trays are protected from possible accidental collisions, and unauthorized manipulations and removals during storage, thus increasing safety in warehouses and leading to enhanced demand for VLMs. Additionally, the stored products are protected from debris and dust in the warehouse due to outer panel covering of the storage area, which is also expected to boost the implementation of VLMs over the forecast period.
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The global VLM market can be segregated based on delivery type, storage type, industry, and region. Based on delivery type, VLMs are categorized into single-level and dual-level. Single-level is projected to hold major share in revenue over the forecast period. Increasing demand for faster storage and retrieval of heterogeneous goods and growing need for maximum storage space utilization are responsible for the growth of the single-level VLM market. Furthermore, growing need for automated warehousing operations is also expected to drive the market for single-level VLM over the forecast period. Based on storage type, the VLM market is segmented into non-refrigerated and refrigerated VLMs. Non-refrigerated storage is expected to account for major VLM market share due to its huge implementation in metals and heavy machinery, aviation, automotive, and semiconductor and electronics industries for retrieval and storage of raw materials and components. It is majorly preferred because raw materials used in these industries are not susceptible to temperature change.
In terms of industry, the VLM market is categorized into metals & machinery, automotive, chemicals, food & beverage, and healthcare. Automotive industry is projected to witness huge implementation of VLMs over the forecast period. The increased implementation in the industry is due to automotive suppliers which are offering new and innovative products, based on advanced technologies and enabling the real-time information, in order to offer tremendous order fulfilment with respect to efficient product quality and delivery. Automotive suppliers are focused on managing large quantity of goods effectively and intend to improve storage capacity within the available floor space, leading to increased implementation of VLMs in the automotive industry.
Based on region, the global VLM market can be categorized into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is anticipated to hold the maximum share of the VLM market over the forecast period. Various players in the region are mainly focused on promoting the launch of new and innovative products, advanced technologies, and the requirement of optimizing the warehouse space, leading to major implementation of VLMs.
Prominent players in the global VLM market include Kardex Remstar, Modula, SSI SCHAEFER, Ferretto, Weland Lagersystem AB, Haenel, System S.p.A, and ICAM S.r.l.
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Automated Storage and Retrieval System (ASRS) Market with COVID-19 Impact Analysis by Type (Unit Load, Mini Load, VLM, Carousel, Mid Load), Function (Storage, Order Picking, Assembly, Distribution, Kitting), Industry, and Region- Global Forecast to 2025 published on
https://www.sandlerresearch.org/automated-storage-and-retrieval-system-asrs-market-with-covid-19-impact-analysis-by-type-unit-load-mini-load-vlm-carousel-mid-load-function-storage-order-picking-assembly-distribution-ki.html
Automated Storage and Retrieval System (ASRS) Market with COVID-19 Impact Analysis by Type (Unit Load, Mini Load, VLM, Carousel, Mid Load), Function (Storage, Order Picking, Assembly, Distribution, Kitting), Industry, and Region- Global Forecast to 2025
“The ASRS market is projected to grow at a significant rate from 2020 to 2025.
The ASRS market was valued at USD 7.3 billion in 2020 and is likely to reach USD 10.7 billion by 2025, at a CAGR of 8.0% from 2020 to 2025. An automated storage and retrieval system (ASRS) is a device used in manufacturing plants, warehouses, and distribution centers for storing and retrieving loads from one storage location to another. An ASRS comprises various computer-controlled systems and equipment that are used to store and accurately retrieve materials.
COVID-19 has emerged as a global pandemic that has spread across 215 countries worldwide and disrupted various industries around the world. The prominent players across industries have been affected by this pandemic. The foreseeable decline in the growth of end-user industries may have a considerable direct impact on the ASRS market.
“The market for vertical lift module (VLM) is expected to grow at the highest CAGR during the forecast period.”
Vertical lift module (VLM) market is expected to grow at the highest rate during the forecast period. The VLM is designed to deliver stored items to the operator, thereby eliminating walk and search time. The VLM increases productivity up to 67% and saves up to 85% of the floor space. VLM is also integrated with pick-to-light technology to improve accuracy levels. These factors such as improved accuracy and efficiency are responsible for the increased demand of VLM in the market.
“The automotive industry is projected to account for the largest share of the ASRS market during the forecast period.”
The automotive industry is expected to hold the largest share of the ASRS market in 2020. The shift in demand toward electric vehicles and autonomous vehicles has prompted automakers to ramp up automotive manufacturing, which requires automotive spare parts. Automotive suppliers have to effectively manage large amounts of goods and variation and breadth of stock. Also, these suppliers need to improve the storage capacity within the available floor space. Thus, automated storage and retrieval systems are increasingly being used to fulfill the requirements related to material handling capacity. Due to the recent outbreak of COVID-19, the automotive industry is incurring massive financial losses. The demand for automobiles is decreasing as people continue to be under lockdown restrictions. Skilled workers required for maintaining and optimizing ASRS in warehouses are unavailable. This has resulted in reduced demand for ASRS in automotive warehouses.
“APAC is projected to grow at a higher CAGR during the forecast period.”
The ASRS market in APAC, led by China and Japan, is expected to grow at the highest rate during the forecast period. The rapid growth of automotive, food & beverages, and healthcare industries in emerging economies such as China, Japan, Australia, and South Korea has contributed to the growth of the ASRS market in APAC. Due to the outbreak of COVID-19, the APAC region is suffering tremendous economic losses. China—the manufacturing hub of Asia—has suspended most of its production activities. Various warehouses in the country are closed due to the lack of manufacturing and unavailability of workforce. The COVID-19 pandemic has disrupted the supply chain of various industries. This has led to the temporary decrease in demand for ASRSs.
Break-up of the profiles of primary participants:
By Company Type – Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
By Designation – C-level – 48%, Director-level – 33%, and Manager-level – 19%
By Region – North America – 35%, Europe – 18%, APAC – 40%, and RoW – 7%
The key players in the ASRS market include Daifuku (Japan), Kardex (Switzerland), Murata Machinery (Japan), SSI Schaefer (Germany), TGW Logistics (Austria), KION (Germany), KUKA (Germany), Toyota Industries (Japan), BEUMER (Germany), KNAPP (Austria), Mecalux (Spain), and System Logistics (Italy).
The ASRS market has been segmented into type, fuction, industry, and region. Based on type, the market has been segmented into unit load, mini load , vertical lift module (VLM), carousel, and mid load. Based on function, the ASRS market has been segmented into storage, order picking, distribution, assembly, kitting, and others. Industries studied in the report include automotive, metal & heavy machinery, food & beverages, chemicals, healthcare, semiconductor & electronics, retail, aviation, e-commerce, a nd others. The ASRS market has been studied for North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).
Reasons to buy the report:
Illustrative segmentation, analysis, and forecast of the market based on type, function, industry, and region have been conducted to give an overall view of the ASRS market.
A value chain analysis has been performed to provide in-depth insights into the ASRS market.
The key drivers, restraints, opportunities, and challenges pertaining to the ASRS market have been detailed in this report.
Detailed information regarding the COVID-19 impact on the ASRS market has been provided in the report.
The report includes a detailed competitive landscape of the market, along with key players, as well as in-depth analysis of their revenues.
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VERTICAL LIFT MODULE (VLM) MARKET - GROWTH, TRENDS, AND FORECAST (2020 - 2025)
VERTICAL LIFT MODULE (VLM) MARKET – GROWTH, TRENDS, AND FORECAST (2020 – 2025)
The recent research report titled “World Vertical Lift Module (VLM) Market Research Report 2025 (Covering USA, Europe, China, Japan, India and etc)” has been added in the kandjmarketresearch.com database. The Global Vertical Lift Module (VLM) Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2025.
Vertical Lift Module (VLM) Market Overview
The global…
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Vertical Lift Module (VLM) Market Growth And Key Players Insights: Modula , Kardex Remstar , Hanel
This report provides a comprehensive 360-degree perspective on the demand for Vertical Lift Module (VLM) Market, putting out perspectives that can help investors recognize both opportunities and challenges. It monitors the global market for Vertical Lift Module (VLM) through key markets, offering in-depth analysis and detailed statistical insights. The study also includes incisive competitive analysis of the landscape and provides Vertical Lift Module (VLM) market players with key recommendations on winning imperatives and successful strategies.
In this study, the growth aspects that will drive the information of the forecast Vertical Lift Module (VLM) are elaborated. This report presents comprehensive information on regional statistics on Vertical Lift Module (VLM) in the industry, development trends, SWOT analysis.
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Major Players included in this report are as follows –
Modula , Kardex Remstar , Hanel , Interlake Mecalux , AutoCrib Inc.(Lauyans and Co.) , MDCI Automation (Sapient Automation) , SencorpWhite , System Logistics , Schaefer Systems International , Effimat Storage Technology , Constructor Group (Kasten and Dexion) , Weland Lagersystem , Ferretto Group , ICAM , Zecchetti , DMW&H
Differentiation of the market based on types of product:
PC Control
Software Control
Differentiation of the market based on types of its application:
Automotive
Electronics
Food and Beverage
Aerospace
Logistics
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Vertical Lift Module (VLM) Major Geographical First Level Segmentation:
North America (U.S., Canada, Mexico) Europe (Germany, U.K., France, Italy, Russia, Spain, etc.) Asia-Pacific (China, India, Japan, Southeast Asia, etc.) South America (Brazil, Argentina, etc.) Middle East & Africa (South Africa, Saudi Arabia, etc.)
The report provides detailed and up-to-date statistical analysis on the global Vertical Lift Module (VLM) market. The report presents a variety of factors such as import-export details, sales, regional presence, manufacturer analysis, latest trends, and competitive structure. Crucial information is defined, such as the chain structure of Vertical Lift Module (VLM), upstream and downstream customers, market volume and sales revenue.
Key Highlights of This Report:
Provide strategic profiles of Vertical Lift Module (VLM) key market players, evaluate their core competencies comprehensively, and create a competitive market landscape.
To evaluate the market for Vertical Lift Module (VLM) on the basis of various factors-price analysis, supply chain analysis.
To provide comprehensive market structure analysis along with forecasts of the various segments and sub-segments of the global market for Vertical Lift Module (VLM).
To track and evaluate competitive trends in the global market for Vertical Lift Module (VLM) such as joint ventures, strategic alliances, new product launches, and research and development.
To provide Vertical Lift Module (VLM) market analysis at the country level regarding the current size of the market and future prospects.
To analyze competitive developments in the Vertical Lift Module (VLM) market such as expansions, agreements, new product launches and acquisitions.
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Automated Storage and Retrieval System Market to 2025 by Types
Automated Storage and Retrieval System market is expected to grow US$ 13.81 billion by 2025 from US$ 6.50 billion in 2016. Pharmaceutical industry has been one of the highly regulated industries for 100% quality control compared to any other industry. Precision is one of the important aspects of any production activity. Extreme hygienic conditions are required in any pharmaceutical manufacturing process. ASRS solutions such as VLM offer dust-protection concept to safeguard these products to come in contact with any foreign particles.
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Key trends which will predominantly effect market in the coming years is automated storage and retrieval system market consolidation due to growing competition. Established players in the storage system arena are looking for integration of IoT and robotics to further grab better opportunities. Daifuku Co.Ltd., Kardex Group, Intelligrated and Interlake Mecalux are few of the major players in this market that provide solutions pertaining to automated storage and retrieval systems. The space and cost savings realized after implementations of automated storage and retrieval systems is reaping rich dividends for the users of it and thus, encouraging investments from various corners for further up gradations in the technology.
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Automated Storage and Retrieval System market by end-user vertical is segmented into aerospace, automotive, electronics, e-commerce, retail, logistics, food & beverage, pharmaceutical, and others (agriculture, oil & gas, and construction). Several warehouses and industrial facilities are following a trend to install automated solutions to enhance their warehouse operations, worker safety and comfort as well as profits. Vertical lift module is one such automated storage and retrieval solution, which delivers benefits such as reduced labor costs, increased inventory control, space savings, accuracy & productivity, ergonomics, safety & protection and flexibility.
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The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Automated Storage and Retrieval System industry.
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