#Vertical Lift Module (VLM) Growth

[greenspaceindustries]

Best Warehouse Automation Company in Canada

Revolutionizing Storage Efficiency with Greenspace Industrial – Canada’s Trusted Warehouse Automation Company. In today’s fast-paced supply chain landscape, efficiency is everything. Businesses need smarter, faster, and more reliable storage solutions. Enter Greenspace Industrial, a leading Warehouse Automation Company in Canada delivering next-gen solutions like Automated Storage and Retrieval Systems (ASRS) and Vertical Lift Modules (VLM).

Why Warehouse Automation Matter? The growing complexities in logistics and warehousing demand innovative automation solutions. Traditional racking systems and manual picking processes can’t keep up with the rising volume and pace. That’s where advanced systems like ASRS and VLM step in—offering:

Optimized Storage Density Faster Picking and Retrieval Reduced Labor Costs Improved Accuracy Scalable and Customizable Solutions

Greenspace Industrial: Leaders in Smart Storage Solutions At Greenspace Industrial, we don’t just offer technology—we offer transformation. We specialize in ASRS and VLM systems designed to help Canadian businesses automate their warehouses and streamline operations for maximum productivity.

What sets us apart?

Tailored Automation Solutions – Customized to meet your specific storage and retrieval requirements. End-to-End Services – From planning and installation to post-sale support and maintenance. Local Expertise – Serving businesses across Canada with in-depth industry knowledge.

ASRS & VLM: Game Changers for Modern Warehouses Automated Storage and Retrieval Systems (ASRS) are high-density, computer-controlled storage systems that drastically reduce picking times and human error. Vertical Lift Modules (VLM) are ideal for vertical space optimization, making them perfect for facilities with limited floor area.

Whether you're managing an eCommerce fulfillment center, a manufacturing unit, or a distribution hub, our systems adapt to your workflow, scale with your growth, and boost overall efficiency.

Ready to Automate? Join the ranks of forward-thinking companies who are transforming their warehousing operations with Greenspace Industrial. Contact us today to explore how our ASRS and VLM systems can be the game-changer your business needs.

Visit: https://www.greenspaceind.com Email: info@greenspaceind.com

Greenspace Industrial – Canada’s Preferred Warehouse Automation Partner.

[erpsoftwaredubaiuae]

The Role of Automation in Warehouse Management Software for UAE Logistics

The logistics sector in the UAE is witnessing a transformative shift, driven by advancements in technology and a growing demand for efficiency. In this dynamic environment, automation within Warehouse Management Software (WMS) is playing a pivotal role. By streamlining operations, reducing costs, and enhancing accuracy, automation is redefining how warehouses in the UAE manage inventory, process orders, and maintain operational efficiency. Let’s explore the critical role of automation in Warehouse Management Software and how it is revolutionizing logistics in the UAE.

1. Streamlining Operations with Automation

Automation in Warehouse Management Software automates routine tasks, significantly reducing manual labor and human errors. Key functions such as inventory tracking, order picking, packing, and shipping can be automated, leading to faster and more accurate processes. For instance, automated guided vehicles (AGVs) and robotic picking systems can handle the movement and sorting of goods, reducing the time and effort required for manual handling.

2. Enhancing Inventory Accuracy

One of the biggest challenges in warehouse management is maintaining accurate inventory levels. Automation helps address this challenge by providing real-time data on stock levels, reducing the risk of stockouts and overstock situations. Barcode scanning and RFID technology, integrated with WMS, ensure precise tracking of goods throughout the warehouse. This accuracy enhances inventory management, reduces discrepancies, and improves overall inventory visibility.

3. Optimizing Order Fulfillment

Efficient order fulfillment is crucial for customer satisfaction, and automation plays a significant role in optimizing this process. Automated order picking systems, such as pick-to-light and voice picking, increase picking speed and accuracy. These systems guide warehouse staff to the correct locations, minimizing errors and improving order fulfillment rates. In the UAE’s competitive market, where timely delivery is essential, such automation ensures that orders are processed quickly and accurately.

4. Improving Warehouse Layout and Space Utilization

Warehouse space is often at a premium, especially in regions like the UAE. Automation helps optimize warehouse layout and space utilization by efficiently organizing storage areas and improving the flow of goods. Automated storage and retrieval systems (AS/RS) and vertical lift modules (VLMs) maximize vertical space and reduce the footprint required for storage. This not only increases storage capacity but also enhances operational efficiency by minimizing travel time for staff and equipment.

5. Enhancing Data Analytics and Reporting

Automation in Warehouse Management Software significantly enhances data analytics and reporting capabilities. Advanced analytics tools provide insights into inventory trends, order patterns, and operational performance. Real-time dashboards and reports enable warehouse managers to make informed decisions quickly, optimize processes, and identify areas for improvement. This data-driven approach helps in forecasting demand, planning inventory levels, and streamlining supply chain operations.

6. Boosting Safety and Reducing Workplace Injuries

Warehouse automation also contributes to improving workplace safety. Automated systems reduce the need for manual handling of heavy and hazardous materials, lowering the risk of workplace injuries. Additionally, robotics and automated equipment can handle dangerous tasks, such as lifting heavy loads or working in hazardous environments, ensuring a safer working environment for employees.

7. Enhancing Scalability and Flexibility

In a rapidly evolving market like the UAE, scalability and flexibility are crucial for business growth. Automated Warehouse Management Software offers the scalability to handle increasing volumes of goods without a proportional increase in labor costs. Moreover, these systems are flexible, allowing businesses to adapt quickly to changes in demand, seasonal variations, and new product lines. This agility ensures that warehouses can efficiently manage fluctuations in operations without compromising on performance.

8. Reducing Operational Costs

By automating routine tasks and improving efficiency, Warehouse Management Software helps reduce operational costs significantly. Automation minimizes the need for manual labor, reduces errors, and lowers the costs associated with inventory inaccuracies and order fulfillment mistakes. Additionally, energy-efficient automated systems reduce energy consumption, further lowering operational costs.

9. Supporting Sustainability Initiatives

Sustainability is a growing concern in the logistics sector. Automation in Warehouse Management Software supports sustainability initiatives by optimizing energy use, reducing waste, and enhancing the efficiency of warehouse operations. Automated systems can optimize routes for forklifts and AGVs, reducing fuel consumption and emissions. Additionally, efficient inventory management reduces waste and minimizes the environmental impact of excess stock.

10. Future-Proofing Warehouse Operations

As technology continues to advance, automation in Warehouse Management Software ensures that UAE businesses remain competitive and future-ready. From integrating artificial intelligence and machine learning for predictive analytics to incorporating the Internet of Things (IoT) for real-time monitoring, automated WMS solutions are evolving to meet the demands of the future. This continuous innovation ensures that warehouses in the UAE are well-equipped to handle the challenges and opportunities of tomorrow’s logistics landscape.

Conclusion

The integration of automation in Warehouse Management Software UAE is revolutionizing logistics in the UAE. By enhancing efficiency, accuracy, and safety, and by reducing costs and environmental impact, automation is paving the way for a more streamlined and sustainable future in warehousing. For businesses in the UAE, adopting automated WMS solutions is not just an option but a necessity to stay competitive in a rapidly evolving market. Embracing this technology today will ensure that your warehouse operations are optimized for tomorrow’s challenges and opportunities.

[megharesearch]

This report studies the Vertical Lift Module (VLM) market size (value and volume) by players, regions, product types and end industries, history data 2018-2022 and forecast data 2023-2030

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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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Latin America & Africa Automated Storage Retrieval Systems Market - Forecast(2022 - 2027)

Latin America and Africa Automated Storage and Retrieval Systems Market Overview

Latin America & Africa Automated Storage Retrieval Systems Market size was valued at $862.9 million in 2020, and it is estimated to grow at a CAGR of 5.5% during 2021-2026. Growing implementation of material handling solutions in industries have provided opportunities for storage and material handling systems systems mainly vertical modules which drives the market in near future. Vertical lift modules are ideally suitable for storing and picking small parts in assembly plants of various industries and this further boosts the demand for Latin America & Africa Automated Storage Retrieval Systems industry. Emerging out of the high initial cost of AS/RS is the need to make profits. The costs for these vertical lift module (VLM) systems have come down significantly in the recent years but are not enough to convince the small and medium logistic operators to compel them to install it. Also, the AS/RS return on investment (ROI) generally lies in the period of 5 to 7 years which deters market significantly. In long-term, the AS/RS prove to be a significant value addition product by providing several advantages over a manual labor in terms of operating costs and productivity but the initial skepticism associated with AS/RS ROI still looms over the strategies of operators, thus acting as a hindrance to the market emergence.

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Report Coverage

The report: “Latin America and Africa Automated Storage and Retrieval Systems Market Report– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Latin America and Africa Automated Storage and Retrieval Systems Market

By Type: Vertical Lift Modules (VLM), Carousels, Unit Load AS/RS, Mini Load AS/RS, Micro Load. By Equipment: Storage Aisles, Rack Structure and Storage/Retrieval Machine. By End User: Automotive, Chemical, Food and Beverage, Semiconductors and Electronics, Life Sciences, Aerospace, E-Commerce, Logistics and Distribution, Others. By Function: Storage, Order Picking, Kitting, Assembly, Consolidation, Replenishment, Others. By Geography: Latin America (Brazil, Mexico, Argentina, Chile, Colombia and Others), Africa (Nigeria, South Africa, Egypt and Others),

Key Takeaways

Latin America and Africa Automated Storage and Retrieval Systems Market in Latim America region held significant market share of 88% in 2020. Rise in adoption of big data technologies among organizations to enhance the consumer target marketing and risk management abilities is expected to boost the growth of the automated storage and retrieval system market. E-Commerce sector in automated storage systems is expected to witness a highest CAGR of 10.9% the forecast period as the e-commerce companies are investing in systems that can efficiently handle a high volume of small, multiple item orders. The Vertical lift module (VLM) segment is growing at a significant CAGR of 10.7% in the forecast period as it is designed to deliver stored items to the operator by eliminating walk and search time. The adoption of automated systems has multiplied significantly with the increase in need for automation in all industrial sectors. Organizations are inclining toward adopting automation solutions to automate their processes to deliver high-quality products, increase their manufacturing capabilities and efficiently manage their processes.

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Latin America and Africa Automated Storage and Retrieval Systems Market Segment Analysis - By Type

The Vertical lift module (VLM) segment has held significant market share of 35.1% in the forecast period as it is designed to deliver stored items to the operator by eliminating walk and search time. In addition, this module also increases productivity up to 67% and saves up to 85% of the floor space. Unit load AS/RS systems are majorly used for handling exceptionally large and heavy loads ranging from 1,000 to 5,000 pounds. Unit load AS/RS is mainly helpful when pallet level storage is limited and quick retrieval is critical as they are bigger systems. Increased labor cost and space requirements have created demand for the adoption of unit-load AS/RS which set to drive the market. Moreover, these systems can be used in collaboration with other material handling solutions including conveyors, robotic work stations and Automated Guided Vehicles (AGV) to completely automate the facility. These systems make the overhead space into productive storage space. Further they have a small footprint and thus are perfect choice for point-of-use storage space in assembly operations and value-added manufacturing. Hence these factors are analysed to drive the market growth in the forecast period 2021-2026.

Latin America and Africa Automated Storage and Retrieval Systems Market Segment Analysis - By Vertical E-Commerce sector in automated storage systems is expected to witness the highest CAGR of 10.9% the forecast period 2021-2026. Growing demand for faster deliveries have been providing opportunities for E-Commerce companies in order to focus on enhancing the order fulfillment processes to meet customer demand. AS/RS also assists retailers and e-commerce companies in maintaining track of product expiry dates and inventory in the store. Increasing adoption of AS/RS for easy picking and placing pallet applications for efficient method of operations, and optimum use of resources is poised to fuel the market. The improved order fulfillment offered by these systems has resulted in their fast adoption in this industry. The growth of the semiconductor and electronics industry has spurred the demand for automated storage and retrieval systems in the region as well as globally. Furthermore, the growing demand for safety and control systems in the industrial and manufacturing sectors will significantly propel the market. The growing wages will also result in a shift to automation in order to reduce the compensation provided to the workers and this further propels the market. Moreover, the automotive industry is showing growth mainly due to the high demand for electric vehicles and demand for automobile parts. The growing automation in this sector is set to spur automated storage market.

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Latin America and Africa Automated Storage and Retrieval Systems Market Segment Analysis - By Geography

Latin America and Africa Automated Storage and Retrieval Systems Market in Latin America region held significant market share of 88% in 2020. Presence of major players and expansion of global companies in Latin America region have been driving the market owing to high investments and funding for the adoption of automation technology. Additionally, increasing automotive production in Brazil and in other Latin American countries further boost the market. There has been increasing adoption of automation technologies in various industries and this has been driving the AS/RS market. As automation technology can prevent major renovations to existing facilities by utilizing the vertical space, there is reduction in utilization of floor space by up to 85% and labor requirements up to 2/3. Increasing investments for automation technologies and adoption of high efficiency equipment is set to fuel the market.

Latin America and Africa Automated Storage and Retrieval Systems Market Drivers Increasing adoption of AS/RS in automotive industry

Increasing adoption of automation technology in various industries such as automotive, aerospace, food and beverage, medical and other industries have been fueling the market. There has been shifting focus towards AS/RS applications from human based forklifts in automotive industry owing to integration of programmable logic controllers (PLC), machine level control simulation and other technologies. This has increased the demand for AS/RS systems in automotive sector thereby driving the market. Moreover, multichannel automated storage and retrieval systems have gained prominence in this sector due to their impeccable order fulfilment capabilities. Warehouse automation has been on the rise as automotive industry has high penetration of automated systems in recent years.

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Multichannel supply-chain strategy in retail to drive the AS/RS market:

The multichannel supply chain strategy is an increasing trend in the current times, particularly among the retail sector. Under this strategy, the companies are aiming at creating an “in-house” distributing facility for order fulfilment operations instead of outsourcing it to third part logistics (3PL). By building an in-house distribution centres, companies are aiming at handling both store and individual orders in a same facility thus saving significant costs on distribution performance. In today’s world, the retail distribution centres are not limited to as an intermediate phase for storing and shipping the goods. The rise of retail sector facilitated by the boom in electronic commerce has already witnessed major changes in the retail distribution centres including mass personalization and up surged customer services requirements which has led to an exponential growth in the stock keeping units (SKUs). As the regional economy progresses gradually, the retail sector will observe a boost in the demand of goods that will require proper integration of new automation technologies to maintain demand and supply balance which will be a notable for the emergence of automated storage & retrieval systems market.

Latin America and Africa Automated Storage and Retrieval Systems Market Challenges

Delayed return on investment (RoI) model constricting the emergence of AS/RS Set up of automated storage retrieval systems include high capital investment. In additional to these, there are other cost involved including technology, accompanying software, delivery and installation, updated training and regularly scheduled maintenance. For instance, the minimum cost of vertical carousels ASRS system is $70, 000, whereas unit load ASRS cost starts from $4,000,000. This restricts the adoption of AS/RS systems by small and medium sized companies, thereby hampering the growth of the market.

Latin America and Africa Automated Storage and Retrieval Systems Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Latin America and Africa Automated Storage and Retrieval Systems Market. Automated Storage and Retrieval Systems top 10 companies include Bastian Solutions, Inc., Beumer Group, Daifuku Co., Ltd., Dematic, Honeywell Intelligrated, Kardex Group, KNAPP AG, Murata Machinery, Ltd., SSI Schaefer Group, TGW Logistics Group among others.

Acquisitions/Product Launches

In 2019, Knapp partnered with kratzer Automation, logistic software company to enhance Knapp’s portfolio in the last mile area to make the supply chain (logistic facility) more efficient. In 2019, TGW partnered with Kellner and Kunz, a tools and fastening technology Company to expand its automation services to Austria and also help Kellner and kunz to expand its warehouse by adding State of art automation.

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Global Automated Storage and Retrieval System Market Size, Share and Demand Forecast to 2028

The Global Automated Storage and Retrieval System Market research report 2022-28 has been released with several updates and analysis of market trends, share, size, demand, growth, challenges, opportunities and pre and post COVID-19 impacts.

Key Highlights of the Global Automated Storage and Retrieval System Market report

The projection period for this global market to grow is 2022-2028

The Global Automated Storage and Retrieval System Market size is estimated to reach USD 13.4 billion by 2028.

The market is projected to grow at a 7.9% CAGR

Covid-19 analysis and its impact on the market

Industry ecosystem to competitive landscape’s curial role in growth role

Challenges and opportunities to get boost from recent developments and technology advancement

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Market segment analysis

The Global Automated Storage and Retrieval System Market is segmented into these categories for this analysis: Load, Type, Application, End-Use Vertical and Geography. This segmentation allows executives to plan their products and spending based on the expected growth rates of each area: -

By Load (Unit Load ASRS (Fixed-Aisle ASRS and Movable-Aisle ASRS), Mid Load ASRS, and Mini Load ASRS)

By Type (Vertical Lift Modules (VLM), Carousel (Horizontal Carousel and Vertical Carousel), Crane-Based, Vertical Buffer Modules, Floor Robots, and Robotic Shuttles)

By Application (Storage, Order Picking, Kitting, Buffering, and Others)

By End Use Vertical (Semiconductor & Electronics, Automotive, Retail and Warehousing, General Manufacturing, Chemical, Rubber and Plastics, Aviation, Food and Beverage, Healthcare and Pharma, Postal and Parcel, and Others)

By Region (North America, Europe, Asia-Pacific (APAC), Rest of the World (RoW))

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The Global Automated Storage and Retrieval System Market’s competitive viewpoint

This research is an invaluable resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach in the current Market scenario. While focusing on top companies and their corporate strategies, market presence, operating segmentation, aggressive outlook, geographical expansion, pricing and value structures, the study painstakingly takes into account the market analysis. The major market players are: -

Daifuku Co., Ltd.

Dematic (Acquired by Kion Group AG)

KNAPP AG

BEUMER GROUP

System Logistics S.p.A.

Murata Machinery, Ltd.

Kardex

SSI Schaefer AG

Mecalux, S.A.

Honeywell International Inc.

 

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The report is unbiased and it provides the deep insight of global market including competitive and geographical landscape.

The report enlightens the large patterns, causes, and impact factors globally and locally.

Insightful study drills-out the main players of the global market and, their sources of income, share of the market, and the current course of events.

It looks into significant developments such as extensions, agreements, new product launches, and acquisitions on the horizon.

Research the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on a global and regional level.

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[tipblog]

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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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.

For in-depth competitive analysis, buy now@

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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.

[medicalnewstoday]

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

[kbvresearch]

Latest release published on KBV Research News

Latest press release on:

Asia Pacific Vertical Lift Module (VLM) Market Size to register a growth of 11.8% CAGR

According to a new report Asia Pacific Vertical Lift Module (VLM) Market, published by KBV research, the Asia Pacific Vertical Lift Module (VLM) Market Size would witness market growth of 11.8% CAGR during the forecast period (2017 – 2023).

The China market holds the largest market share in Asia Pacific Vertical Lift Module in Retail & E-Commerce Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7.6 % during the forecast period. The Japan market is expected to witness a CAGR of 12.1% during (2017 – 2023) in Asia Pacific Vertical Lift Module in Metals & Heavy Machinery Market. Additionally, The India market is expected to witness a CAGR of 14.1% during (2017 – 2023) in Asia Pacific Vertical Lift Module in Automotive Market.

The Single-Level Delivery market holds the largest market share in  Asia Pacific Vertical Lift Module Market by Delivery Type in 2016, and would continue to be a dominant market till 2023. The Dual-Level Delivery market is expected to witness a CAGR of 14.9% during (2017 – 2023).

The Non-Refrigerated Storage market holds the largest market share in Singapore Vertical Lift Module Market by Storage Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 11.2 % during the forecast period. The Refrigerated Storage market would garner market size of $16.1 million by 2023.

Full Report: https://kbvresearch.com/asia-pacific-vertical-lift-module-vlm-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the Asia Pacific Vertical Lift Module (VLM) Market have been discussed in the report with the elaborated company profiles of Kardex Group, System Spa, Toyota Motor Corporation, Automha, Constructor Group AS, LISTA AG, Mecalux, Stanley Vidmar, Icam S.R.L., and AutoCrib, Inc.

Asia Pacific Vertical Lift Module (VLM) Market Size Segmentation

By Storage Type

Refrigerated Storage

Non-Refrigerated Storage

By Delivery Type

Dual-Level Delivery

Single-Level Delivery

By Vertical

Retail & E-Commerce

Metals & Heavy Machinery

Food & Beverages

Automotive

Chemicals

Aviation

Healthcare

Semiconductor & Electronics

Others

By Country

China Vertical Lift Module (VLM) Market

Japan Vertical Lift Module (VLM) Market

India Vertical Lift Module (VLM) Market

South Korea Vertical Lift Module (VLM) Market

Singapore Vertical Lift Module (VLM) Market

Malaysia Vertical Lift Module (VLM) Market

Rest of Asia Pacific Vertical Lift Module (VLM) Market

Companies Profiled

Kardex Group

System Spa

Toyota Motor Corporation

Automha

Constructor Group AS

LISTA AG

Mecalux

Stanley Vidmar

Icam S.R.L.

AutoCrib, Inc.

Unique Offerings from KBV Research

Exhaustive coverage of Asia Pacific Vertical Lift Module (VLM) Market Size

Highest number of market tables and figures

Subscription based model available

Guaranteed best price

Assured post sales research support with 10% customization free

Related Reports:

North America Vertical Lift Module (VLM) Market (2017-2023)

Europe Vertical Lift Module (VLM) Market (2017-2023)

Global Vertical Lift Module (VLM) Market (2017-2023)

LAMEA Vertical Lift Module (VLM) Market (2017-2023)

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Vertical Lift Module (VLM) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022

Vertical Lift Module (VLM) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022

MarketResearchNest.com adds “Global Vertical Lift Module (VLM) Market 2017-2021” new report to its research database. The report spread across 77 pages with table and figures in it.

  Research analysts forecast the global vertical lift module (VLM) market to grow at a CAGR of 12.12% during the period 2017-2021.

  About Vertical Lift Module (VLM)

Vertical Lift Module (VLM) is an automated…