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factmrblog · 2 years ago

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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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latestmarketblogupdates · 3 years ago

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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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vynzresearchindia · 3 years ago

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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))

For more insight: https://www.vynzresearch.com/semiconductor-electronics/automated-storage-and-retrieval-system-market

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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Customized research report

Global market research company VynZ Research provides research, analytics, and consulting services for business plans. We offer clients specialized report services that take into account the main variables influencing the development of the worldwide Market. Feel free to call or drop your requirement to get the get customized research report.

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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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tipblog · 3 years ago

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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.

About The Insight Partners

The Insight Partners is a one-stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in industries such as healthcare, media, and telecommunication.

Our research model is very simple. We believe in client servicing and delivering the best quality to our customers. Through our research content, we are making sure that our customers get value for their money along with better quality data and analysis.

Our research content is majorly focused toward market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis, etc. We provide a detailed break-up of segmentation in terms of geography, product and service, radioisotope types, application and end user, which helps our clients to gain a deeper analytical understanding of various research topics.

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nikhilghodse20051994 · 3 years ago

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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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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.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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Contact Person: Sameer Joshi

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Phone: +1-646-491-9876

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marketresearchcapture · 3 years ago

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instanttimetravelnut · 4 years ago

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Automated Storage And Retrieval System Market: Insights into the Competitive Scenario of the Market 2026

Automated Storage And Retrieval System Market: Introduction

Automated storage and retrieval system is a computer controlled system for automatic storage and retrieval of loads or goods in a warehouse or inventory. Automated storage and retrieval system helps in increasing the productivity and efficiency of any warehouse or inventory by reducing the labor size and utilizing the use of space more effectively. Furthermore, the automated storage and retrieval system can handle the high volume of loads effectively and also in safe and secure manner as compared to the manual handling systems.

Automated storage and retrieval system consists of four basic components such as, storage and retrieval machines, rack structure, conveyer (or Automated Guided Vehicles) interface, and warehouse control system. The storage and retrieval machines are controlled by warehouse control system which guides the machines throughout the warehouse. Furthermore, the type of automated storage and retrieval systems to be used depends upon different type of loads or goods. For instance, unit load or aisle systems are used for larger loads and mini load systems are used to handle smaller loads in any warehouse.

Moreover, an automated storage and retrieval systems have many applications in warehouses and material handling industries such as, kitting, storage, order picking, buffering, assembly line, etc. The diversified applications of automated storage and retrieval systems attributed to its benefits associated such as, reduced labor requirement, enhanced product safety, increased productivity and efficiency and reduced product storage and retrieval time.

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Automated Storage And Retrieval System Market: Dynamics

The Automated storage and retrieval system can increase the overall efficiency of any warehouse environment, providing relatively more safety and convenience than the manual handling systems. Furthermore, automated storage and retrieval systems can offer easy storage and retrieval process of goods, storage optimization by using vertical lift module and effective management of large volume of products. Increasing labor cost and stringent government standards and regulations related to workers safety to push the demand of automation across different industries which is expected to drive the automated storage and retrieval systems market.

Furthermore, increasing industrial sector will increase the need of warehouses and distribution centres across the globe which is expected to trigger the growth of automated storage and retrieval system over the forecast period. However, the initial investment and maintenance cost of automated storage and retrieval systems is very high and requirement of skilled workers to handle the warehouse control system is at high importance. These factors could hamper the growth of automated storage and retrieval market over the forecast period.

Automated Storage And Retrieval System Market: Segmentation

basis of type of systems

Fixed-Aisle or Unit-Load

Movable-Aisle

Mini-Load

Micro-Load

Vertical carousels

Horizontal carousels

Vertical Lift Module (VLM)

basis of applications

Storage

Order picking

Assembly

Kitting

Maintenance & Repair Parts

Replenishment & Returns

Buffering

basis of end use industries

Automotive

Chemicals

Food & Beverage

Medical devices and equipment (Healthcare)

Semiconductor & Electronics

Textile

Paper & Pulp

Metal & Mining

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Automated Storage And Retrieval System Market: Regional Outlook

Europe is estimated to account for the dominant share in the global automated storage and retrieval system market owing to stringent government regulations by European Commission for material handling. The production facilities of prominent car manufacturers, automotive component supplier warehouses, significant retailing industry to attribute towards prominent share of the region in the global automated storage and retrieval system market over the forecast period. Growing awareness related to workers safety, efficient operations, lowering the lead time, among other factors to drive the North America Automated storage and retrieval system market over the forecast period.

Asia Pacific owing to growing automotive and construction industry in countries such as India, ASEAN, China, and Japan is projected to increase in new warehouses, distributor centers, retailer centers, among others to fuel the global Automated storage and retrieval system market. Latin America and Middle East & Africa regions may register growth in end-use industries with the increasing number of warehouses demanding automated storage and retrieval system.

Automated Storage And Retrieval System Market: Key Players

Some of the market participants in the global automated storage and retrieval system market are:

WESTFALIA TECHNOLOGIES, INC.

Daifuku Co., Ltd.

Invata Intralogisitcs

Honeywell Intelligrated

Bastian Solutions, Inc.

Kardex Group

UNARCO MATERIAL HANDLING, INC

KION GROUP AG

Murata Machinery, Ltd.

Schneider Electric

Swisslog Holding Ltd

Automation Logistics Corporation

Ferretto Group S.p.a.

The research report on automated storage and retrieval system market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated automated storage and retrieval system market data. It also contains projections using a suitable set of assumptions and methodologies. The automated storage and retrieval system market research report provides analysis and information according to market segments such as geographies, application, and industry.

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#Automated Storage And Retrieval System Market

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alex121world · 5 years ago

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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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medicalnewstoday · 5 years ago

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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

#Vertical Lift Module Market

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rahuldesai9123 · 6 years ago

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#Vertical Lift Module (VLM) Market #Vertical Lift Module (VLM)#Vertical Lift Module (VLM) Industry #vertical lift module #market research #market research report #market report

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bunnyroy · 8 years ago

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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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#Vertical Lift Module (VLM)#Vertical Lift Module (VLM) Analysis #Vertical Lift Module (VLM) Growth #Vertical Lift Module (VLM) Industry #Vertical Lift Module (VLM) Industry Trends #Vertical Lift Module (VLM) Market #Vertical Lift Module (VLM) Share #Vertical Lift Module (VLM) Size #Vertical Lift Module (VLM) Trends

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tenderlysassypolice-blog · 8 years ago

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Vertical Lift Module (VLM) Industry Technology, Trends, Development, Key Manufacturers Analysis and Forecast to 2025

The Insight Partners, Global Vertical Lift Module (VLM) Market Analysis to 2025 is a specialized and in-depth study of the Vertical Lift Module (VLM) industry with a focus on the global market trend. The report aims to provide an overview of global Vertical Lift Module (VLM) market with detailed market segmentation by product/application and geography. The global Vertical Lift Module (VLM) market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Vertical Lift Module (VLM) players and offers key trends and opportunities in the market.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Vertical Lift Module (VLM) market based on product and application. It also provides market size and forecast till 2025 for overall Vertical Lift Module (VLM) market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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Also, key Vertical Lift Module (VLM) market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

List of Key Company Profiles

Hanel Storage Systems Interlake Mecalux Kardex Group AutoCrib, Inc. (Lauyans & Co.) MDCI Automation (Sapient Automation) SencorpWhite System Logistics Spa SSI Schaefer Systems International EffiMat Storage Technology A/S Constructor Group AS (Kasten and Dexion) Weland Lagersystem AB Modula S.p.A Ferretto Group Spa ICAM srl Zecchetti s.r.l.

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About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

#Vertical Lift Module (VLM) Vertical Lift Module (VLM) Market Vertical Lift Module (VLM) Industry The Insight Partners Industry Technology Ma

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honestlyuniversallyface-blog · 8 years ago

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Vertical Lift Module (VLM) Market with business strategies and analysis to 2025 |The Insight Partners

Browse market data tables and in-depth TOC of the Vertical Lift Module Market to 2025 @ http://www.theinsightpartners.com/reports/vertical-lift-module-vlm-market

The report focuses on an in-depth segmentation of this market based by type and end-user industry. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The regional market has been further bifurcated by respective countries. By end-user automotive sector accounted for the largest share of the vertical lift module market in 2016; whereas, APAC region is expected to grow at the highest CAGR during the forecast period.

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The report aims to provide an overview of global vertical lift module market with detailed market segmentation. Also, it analyzes the current vertical lift module market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST analysis of all the regions covered in the report.

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Europe is one of the prominent regions in vertical lift module market which will contribute highest revenue globally due to technological developments and considerable implementation of vertical lift module solutions in different application segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth in automotive and electronic sector will pave the path for increasing adoption and propel the market for vertical lift module. The region is expected to lead the market with highest CAGR during the forecast period. Some of the key players of vertical lift module market include Kardex Remstar., Schaefer Group., Weland Lagersystem AB., Modula S.p.A., and SencorpWhite, among others.

About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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#Vertical Lift Module (VLM) Vertical Lift Module (VLM) Market Vertical Lift Module (VLM) industry Vertical Lift Module (VLM) market size V

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technogeekstmr · 5 years ago

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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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