#Vertical Lift Module (VLM) Share
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Vertical Lift Module (VLM) Market to Grow at a CAGR of 9.5% to reach US$ US$ 1667.6 Mn Million from 2017 to 2025
The novel offering by The Insight Partners on- “ Vertical Lift Module (VLM) Market Industry Analysis| 2025” unfolds different prospects of the market. This market study provides an overview of the industry and later dives into details such as market size, shares, CAGR estimates, and revenue forecasts. The research is capable of providing a thorough understanding of key drivers and challenges…
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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.
#latin america & africa automated storage retrieval systems market#latin america & africa automated storage retrieval systems market size
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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.
Reason to buy this report
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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#Global Automated Storage and Retrieval System Market#Global Automated Storage and Retrieval System Market size#Global Automated Storage and Retrieval System Market share#Global Automated Storage and Retrieval System Market demand
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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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Vertical Lift Modules vs. Vertical Carousels: Which One Is Best for Your Storage Needs?
A vertical carousel or a vertical lift modules (VLM) are both ideal material handling options to improve the workflow of your warehouse operation.
One of the major challenges in managing warehouse operations is how to optimize the efficiency of the warehouse floor area. In the modern digital era, the complexity of warehouse operations is continually evolving.
It becomes critical to ensure your inventory occupy as little floor space as possible to minimize your overhead costs, without compromising on the efficiency and safety standard of the warehouse operation.
If you’re planning to upgrade your warehouse from manual metal shelving to an automated storage solution you may be weighing your options. With automated vertical storage and retrieval systems, you can increase your warehouse productivity significantly. By eliminating unnecessary walking, hunting, and climbing, you can protect the safety of your operators and reduce any time or overhead wastage, giving you a dramatic increase in your throughput rate.
Both systems promise similar gains in efficiency; they can both move products from your inventory to your operators, instead of forcing your operators to walk up to individual picking stations on shelving or racks.
Vertical lift modules and vertical carousels can improve up to 85% of your warehouse floor space compared to traditional industrial shelving systems.
However, which handling system is the best for your needs? This decision will be determined by what’s important to you.
This guide aims to assist you by explaining what both these automated solutions do, what are their differences, and each systems’ pros and cons.
What are the advantages of a vertical carousel and a vertical lift module?
Both vertical carousels and vertical lift modules are considered automated goods-to-person material handling and retrieval machines. They both provide storage of slow to medium moving items at a high density.
A single machine at 20 feet tall can offer between 5,000 to 7,000 storage locations of approximately 6 x 6 x 4 feet.
They can deliver the required items automatically to a window at waist level height in a few steps. Every single storage enclosure can be locked up securely to prevent unauthorized access.
If your warehouse has a high ceiling, vertical carousels and vertical lift module s allow you to stack them up as high as your ceiling allows, with a minimal footprint.
With these benefits, it’s easy to see how both systems have become an integral part of almost every large warehouse operation.
How do vertical carousels and vertical life modules store goods?
Vertical carousels use a series of bins or trays that are attached on to a chain. This chain is mounted to the side of an industrial shelving rack and is driven by a motor which moves the bins around in an upright looping motion around a track. You can control the direction of the track to retrieve or stow the goods.
An easy way to visualize how vertical carousels work is to think of it as a Ferris wheel, that moves along at the side of a rack.
Vertical lift modules use two pillars of trays that are controlled by a mechanical located at the center of a rack called the inserter/extractor. An integrated inventory software controls this inserter/extractor. With just a push of a button, the inserter/extractor can quickly and automatically find and retrieve a tray from both front and back, then delivers the tray to the operator at a comfortable ergonomic height.
Comparing Vertical Carousels and Vertical Lift Modules
Footprint space
Both machines share a similar width on the ground. In terms of depth, vertical lift modules are nearly two times deeper than vertical carousels. Ideally, you won’t want the trays to be too deep due to ergonomic reasons. Otherwise, the operator will have a hard time retrieving the items.
You’ll also need to consider the average size of your product, as vertical lift modules are more suitable for larger products.
Most vertical lift module units are approximately 5 -15 feet long by 7 to 10 feet deep. The storage trays tend to be around 4 to 13 feet wide by 2 to 3 feet deep, allowing you to product height of just over 28 inches.
On the other hand, vertical carousels are approximately 6 to 13 feet wide by 5 feet deep. They are mostly designed for moving smaller goods, with the bins measuring from 4 to 12 feet wide by 16 to 24 inches deep, which makes it suitable for moving goods with a max height of 18.5 inches.
Heights
Most vertical lift modules come as low as 8 feet but can be stacked up to 100 feet high. Vertical carousels are slightly shorter at just 7 feet, and can only be stacked up to 32-feet tall.
Even though both systems are designed to reach as high as your ceiling allows, you shouldn’t do so unless it’s necessary. The higher you stack your goods, the longer the retrieval time. This means you need to determine the right mix of storage space savings and workflow speed.
Load Capacities
Many modern vertical carousels are capable of handling less than 1,430 pounds per bin. Vertical lift modules can be fitted with trays that can bear 2,200 or fewer pounds of load.
With additional lift-assist equipment fitted onto your vertical lift module, you can move heavier loads around with greater ease.
This is the key difference between both systems. Vertical carousels are harder to outfit with ergonomic cranes and lifts, so if you are storing mostly heavy loads, a vertical lift module may be a better option.
Operation speeds
Most of the operational speed of most automated systems like vertical carousels and vertical lift modules largely depends on the type of application.
The configuration of each machine, such as the unit height, the order profile per customer (single order vs. bulk order, etc.) can affect the throughput rate.
With vertical carousels, you can achieve a rate of 400 items per hour, and with vertical lift modules, you can get a throughput rate of up to 350 items per hour, depending on your configuration.
Pick-to-Light
To achieve top throughput speed, both vertical carousels and vertical lift modules have to be equipped with options such as pick-to-light.
These devices are placed inside the retrieval window and light up when needed, telling the operator where the required items are located so he or she can retrieve it quickly with little to no search time.
Slotting
Another critical implementation to increase your throughput speed is the process of slotting.
By regularly going through your entire inventory data, filtering out items that are commonly picked together simultaneously, optimizing the ideal position to store each item, you can achieve a higher throughput speed. This process should ideally be implemented as early as possible before your inventory starts to pile up.
A well-slotted system will position the most commonly picked items together on the same carrier. This allows the operator to make more picks on each level before moving on to the next, creating shorter travel time and cutting the overall processing time.
In a well optimized vertical lift module setup, the items that are most often picked are placed closest to the window to allow inserter/extractor to function with minimal travel distance and time.
Whereas in a vertical carousel setup, the carrier trays holding the items that are most frequently picked are placed next to each other, so the chain does not need to move too far to gather all the required items.
With vertical lift modules and vertical carousels, there are many more ways to optimize your throughput rates, such as multi-colored picking or cross picking to ramp up your process flow.
Vertical Lift Modules and Vertical Carousels – Which One Is Right for Me?
The next step is to decide which system is better suited for your warehouse storage operation.
Product mix
As both systems store goods in a different manner, the weight and size of your warehouse goods, and how you mix them are the primary deciding factors on which system you adopt.
Vertical lift modules are typically more complex than your standard vertical carousels as vertical lift modules use a sensor that detects how high up your goods are stored in the individual storage trays.
The integrated software calculates the appropriate coordinates of height and distance, then moves the vertical lift module towards store the trays as required.
With vertical lift modules, you can store your goods as closely as one inch apart so you can maximize the number of goods you store within an area. For example, if the longest item in your inventory is 5.6 inches wide, a vertical lift module can store the item within a 6-inch space within the shelving system.
If that item is removed and the subsequent longest item remaining in the tray measures 3.2 inches wide the vertical lift module will know how to slot it at a 4-inch long item, thus maximizing your storage space to provide you the maximum storage density on your storage rack.
For vertical carousels, the bins are spaced equally in fixed locations.
You can adjust the height and width of each shelf level individually, but they need to be adjusted manually, similar to wire shelving. Because any inventory airspace is wasted space, it’s vital to know the minimum heights of your goods beforehand to cut down travel distance for the carrier tray.
This means that vertical carousels are suitable for storing goods that are of a regular height of approximately 8 inches and under, with little to no height fluctuations.
To maximize your storage density, you can subdivide each unit vertically or horizontally to separate your products for organization and slotting purposes.
However, to adjust those dividers would require time and effort. You would need to manually remove everything from the shelves, remove the bolts on the dividers, make the necessary adjustments before bolting them back in position.
If your inventory type changes regularly enough to necessitate a brand new bin configuration, then you will find yourself spending lots of labor hours to improve your storage density.
Therefore vertical lift modules are a better option if your product mix constantly fluctuates.
Which one do I need?
Due to the difference in operation, construction and handling of goods, vertical carousels, and vertical lift modules offer advantages for different types of purposes.
When you are deciding which machine is suitable for your warehouse operation, please keep in mind the following points:
Select a vertical carousel when:
§ Your warehouse ceiling height is less than 25 feet.
§ The various goods stored in your warehouse have similar dimensions.
§ Your products are not too heavy and can be lifted by hand without assistance.
Whereas vertical lift modules are a great solution if:
§ Your warehouse ceiling height is 100 feet high.
§ You store a variety of goods with different dimensions and weight.
Your business changes inventory mix regularly.
Your goods are too heavy to lift by hand and require assistance to lift, so the operator can safely move your goods from one place to another.
Closing thoughts
Choosing the appropriate industrial shelving system is not that challenging once you understand how each type of technology works. Implementing a vertical carousel or a vertical lift module into your warehouse operation is a significant investment.
Therefore, before you finalize your decision on either choice, it’s highly recommended you speak to other warehouse managers to learn more about the benefits and drawbacks of each system.
Alternatively, you can reach out to an expert consultant at Shelving + Rack Systems, Inc. who can answer any queries you may still have.
Both the vertical lift modules and vertical carousel require periodic maintenance to ensure smooth operation. They may also need to meet to be compliant to regulatory safety standards such as so that your operators can work with them safely.
Contact us today and let us help you determine the most efficient and effective systems to improve the overall productivity of your warehouse, distribution or commercial operation.
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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 (VLM) – Demand and Sales Forecasts, Market Share, Market Size, Market Trends Vertical Lift Module (VLM) Market Report The report offers an overview of the Vertical Lift Module (VLM) with the help of application segments and geographical regions (United States, Europe, China, Japan, Southeast Asia, India, Central & South America, ROW) that govern the market currently.
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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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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)
#Asia Pacific Vertical Lift Module (VLM) Market#Asia Pacific Vertical Lift Module (VLM) Market Analysis#Asia Pacific Vertical Lift Module (VLM) Market Competition#Asia Pacific Vertical Lift Module (VLM) Market Growth#Asia Pacific Vertical Lift Module (VLM) Market Report#Asia Pacific Vertical Lift Module (VLM) Market Research#Asia Pacific Vertical Lift Module (VLM) Market Share#Asia Pacific Vertical Lift Module (VLM) Market Size
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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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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…
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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.
Detailed TOC along with also Charts & Tables of Vertical Lift Module (VLM) Market Research Report accessible at: https://www.futuristicreports.com/request-sample/1207
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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