#Vertical Lift Module Market Size

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Automated Storage & Retrieval Systems Market

Research suggests Automated Storage and Retrieval Systems (ASRS) are computer-controlled systems that automate storage and retrieval in warehouses, with projections showing significant market growth.

It seems likely that key types include unit-load, mini-load, vertical lift modules, and carousels, each suited for different load sizes and applications.

The evidence leans toward ASRS improving efficiency, accuracy, and space utilization, with unexpected innovations like robotic models with limbs for advanced handling since the 2010s.

What Are ASRS?

Automated Storage and Retrieval Systems (ASRS) are technology-driven solutions that use computers and robotics to automatically store and retrieve items in warehouses or storage facilities. They are designed to enhance efficiency, reduce labor costs, and optimize space, making them essential for modern supply chain management.

Types and Applications

ASRS come in various forms, such as unit-load systems for heavy pallets, mini-load systems for smaller items, and vertical lift modules for high-density storage. They are used in industries like manufacturing, distribution, and retail to streamline operations and meet high demand.

Benefits and Innovations

Research indicates ASRS can increase space utilization by up to 90%, productivity by 90%, and accuracy to 99.9%, with throughput up to 750 lines per hour per operator. An unexpected detail is the use of robotic models with limbs, radar, and computer vision since the 2010s, enabling advanced tasks like loading from trucks or picking orders.

Survey Note: Detailed Analysis of Automated Storage and Retrieval Systems (ASRS)

The Automated Storage and Retrieval Systems (ASRS) market, focusing on technology-driven solutions for automated storage and retrieval in warehouses and storage facilities, is experiencing significant growth and transformation. This note provides a comprehensive analysis of what ASRS are, their types, applications, benefits, and recent innovations, tailored for investors and business leaders seeking to understand opportunities in this dynamic sector as of March 3, 2025. The analysis is based on recent market research, industry developments, and technological advancements, with a focus on clarity and actionable insights.

Market Definition and Scope

Automated Storage and Retrieval Systems (ASRS), also known as AS/RS, are computer-controlled systems that automatically place and retrieve loads from defined storage locations in a facility. These systems integrate various technologies, such as robotics, conveyors, and inventory management software, to handle, store, and retrieve materials on demand. They are used in applications where high volume loads must be moved rapidly and accurately, and are critical for industries like manufacturing, distribution, retail, wholesale, and institutions, including libraries and self-storage facilities.

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Vertical Mast Lifts Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033

The vertical mast lifts global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Vertical Mast Lifts Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size -

The vertical mast lifts market size has grown strongly in recent years. It will grow from $1.29 billion in 2023 to $1.37 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to expansion of the construction industry, rise in urbanization, increase in safety regulation enhancements, increase in industrial automation, rise in infrastructure development projects, and the growing need for efficient material handling solutions.

The vertical mast lifts market size is expected to see strong growth in the next few years. It will grow to $1.76 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to growing construction industry, rising demand for efficient material handling solutions, increasing safety regulations, expand in warehousing and logistics sectors, rise in the need for space-saving lifting equipment in urban settings, and increasing focus on worker safety and productivity. Major trends in the forecast period include technological advancements, adoption of IoT and automation, advancements in eco-friendly designs, and advancements in material handling solutions, and automation in equipment's.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers -

The rise in construction activities is expected to propel the growth of the vertical mast lift market going forward. Construction activities encompass planning, executing, and completing projects to construct or renovate buildings, infrastructure, and facilities. The rise in construction activities is often due to a strong economy, growing populations, increasing public infrastructure projects by the government, and expansion of real estate. Vertical mast lifts are versatile tools widely used in construction activities due to their compact design, ease of mobility, and ability to provide safe access to elevated work areas. Their ability to enhance safety, mobility, and efficiency makes them an invaluable tool on construction sites. For instance, according to the Office for National Statistics (ONS), a UK-based non-ministerial department, annual new construction orders surged by 11.4% in 2022 compared to 2021, marking a historic peak of £80.837 billion ($102.16 billion). Therefore, the rise in construction activities is driving the growth of the vertical mast lift market.

Market Trends -

Major companies operating in the vertical mast lift market are developing innovative products based on self-propelled, tracked aerial work platforms to enhance versatility and performance. The inclusion of self-propelled technology ensures ease of maneuverability, while the tracked platform offers superior traction and stability, making these lifts suitable for indoor and outdoor applications. For instance, in April 2024, Platform Basket, an Italy-based aerial lift manufacturing company, launched Spider 54T, an advanced version of its Heren 10 vertical mast lift at Intermat, designed for the French market. The Spider 54T is a high-tech aerial work platform for heavy-duty lifting and versatile operations. Its features make it suitable for various industries, including construction, infrastructure maintenance, telecommunications, and industry. The new Heron 10 SB, redesigned for the French market, has been simplified by removing the stabilization system, radio control, interchangeable battery, and winch from the original Heron 10 model.

The vertical mast lifts market covered in this report is segmented –

1) By Type: Electric Driven, Engine Driven, Other Types

2) By Working Height: Less Than 6m, 6.1m To 9m, 9.1m To 12m, Above 12m

3) By Capacity: Less Than 100kg, 100kg - 150kg, 150kg - 250kg, 250kg And Above

4) By End User: Aviation, Construction And Mining, Media And Entertainment, Government, Industrial Manufacturing, Warehouse And Logistics, Other End-Users

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Regional Insights -

North America was the largest region in the vertical mast lifts market in 2023. The regions covered in the vertical mast lifts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies -

Major companies operating in the vertical mast lifts market are Tadano Ltd., Zoomlion Heavy Industry Science and Technology Co. Ltd., Terex Corporation, Manitou Group, Palfinger AG, Zhejiang Dingli Machinery Co. Ltd., Haulotte Group, JLG Industries Inc., Aichi Corporation, Niftylift Ltd., Altec Industries Inc., Bronto Skylift Oy Ab, Snorkel, Bravi Platforms, Mantall Heavy Industry Co. Ltd., TIME Manufacturing Company Inc., Omme Lift A/S, Skyjack Inc., TEUPEN Maschinenbau GmbH, Sinoboom Intelligent Equipment Co Ltd., CTE Group SA, MEC Aerial Work Platforms, Ruthmann Reachmaster NA LP, Imer International S.P.A, Iteco

Table of Contents

1. Executive Summary

2. Vertical Mast Lifts Market Report Structure

3. Vertical Mast Lifts Market Trends And Strategies

4. Vertical Mast Lifts Market – Macro Economic Scenario

5. Vertical Mast Lifts Market Size And Growth

…..

27. Vertical Mast Lifts Market Competitor Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

30. Appendix

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[jessicapinedaw]

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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The Automated Storage and Retrieval System Market is Segmented by Product Type (Fixed Aisle System (Stacker Crane (Unit Load, Mini Load), Shuttle System (Pallet Loads, Totes, Crates)), Vertical Lift Modules), End-user Industry (Manufacturing Environments (Automotive, Food and Beverages, Life Sciences), Non-manufacturing Environments (General Merchandise, Logistics and Warehousing, Airports)), and Geography (North America (United States, Canada), Europe (United Kingdom, Germany, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), Middle East and Africa (United Arab Emirates, Saudi Arabia, South Africa, Rest of Middle East and Africa).

Download Free Sample Report - Automated Storage and Retrieval System Market

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ASRS Market by Type (Unit Load, Mini Load, Vertical Lift Module, Carousel, Mid Load, Auto Store), Application (Storage, Order Picking, Distribution, Assembly, Kitting, Others), by end user (Automotive, Metals and Heavy Machinery, Food and Beverages, Chemicals, Healthcare, Semiconductors and Electronics, Retail, Aviation, E-Commerce, and Others)

by region (United States, Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, United Kingdom, France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, Rest of Middle East and Africa)

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Vertical Lift Module Market Size and Share

Global Vertical Lift Module Market Overview:

The Global Vertical Lift Module Market size is predicted to reach $1.8 billion by 2023, rising at industry improvements of 11.1% CAGR during the expectation period. A storage equipment containing two parallel columns, which are furthermore put into fixed shelf destinations with the potentiality to contain a single storage area feature which includes a tray or simply tote is regarded as a Vertical Lift Module. These modules market items on trays and the deliver them to an ergonomically positioned work improve and thus all the functionalities are activated with the touch of a button on a control device. VLMs are majorly used in get finding, consolidation, kitting, elements utilizing, buffering, inventory storage, buffer storage, and then for integrated tasks. The adoption of the technology provides more effective floor spacing, improves labor productiveness, progress organization ergonomics, as well as manages on-going methods. 

The Europe market helps the leading market publish in Global Vertical Lift Module in Retail & E-Commerce Trend by Region in 2016, and might continue to be a predominant industry till 2023; rising at a CAGR of 8.2 % during the forecast period. The North America market is anticipated to recognize a CAGR of 11.2% during 2017 – 2023 in Global Vertical Lift Module in Metals & Heavy Devices Industry. In addition to, The Asia Pacific market seems to witness a CAGR of 12.3% during 2017 – 2023 in Global Vertical Lift Module in Food & Beverages Market.

The Single-Level Delivery industry retains the leading industry distribute in Global Vertical Lift Module Market by Delivery Type in 2016, and would can be a dominant market till 2023. The Dual-Level Delivery market would garner market place value of $735.0 million by 2023.

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

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

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Automated Storage and Retrieval Systems Market Growth and Demand Analysis by 2032

The global automated storage and retrieval system (ASRS) market is projected to reach $24 billion by 2032, from  $10.2 billion  in 2022  .

Demand for ASRS is projected to grow at over 9.1%  on an annual basis , primarily driven by usage across retail warehouses over the forecast period 2022-32.

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The readability score of the Automated Storage and Retrieval Systems Market Demand report is good as it provides a chapter-by-chapter layout with each section broken into smaller sections.

Reports include graphs and tables showing the entire assembly. The graphical presentation of confirmed and estimated values ​​of key segments is visually appealing to the reader. 

This Automated Storage and Retrieval Systems Market Perspective report discusses important dynamics such as drivers, restraints, and opportunities for key players along with key stakeholders and emerging players involved in product manufacturing, as well as a competitive analysis of the Automated Storage and Retrieval Systems market.

The extended oral antibiotics market key trends analysis also provides the dynamics affecting future sales and demand during the forecast period.

market player

Daifuku Co., Ltd.

Murata machine

Dematic GmbH & Co. KG

Vanderlande Industries

TGW Logistics Group

system logistics spa

westphalia Technologies,

honeywell integration

Swisslog Holding AG

Invatar Intralogistics

How can the Automated Storage and Retrieval Systems market report make a difference to the revenue impact and strategies of businesses?

Fact.MR strives to provide comprehensive assessments of opportunities in various regions and technology segments. The study also offers an uncluttered data-driven insights into the growth avenues of the Automated Storage and Retrieval Systems Market and all its segments. Some of the ways the study can make a discernible impact are by offering evidence-based perspectives on:

Attractiveness quotient of emerging product/technology types in various products in the Automated Storage and Retrieval Systems Market.

Micro-economics factors that may hamper the prospects of some of the key segments

Recent spate of research and development (R&D) funding on key Automated Storage and Retrieval Systems Market

New business models paving way for disruptions in demand dynamic of key segments

Regional markets that will be future engine of growth and the industry trends that will support these markets

Challenges overcoming which may offer industry players competitive edge

Automated Storage and Retrieval Systems Market Key Segments

·         By Type

Unit-load AS/RS

Mini-load AS/RS

Vertical Lift Modules (VLMs)

Horizontal Carousels

Vertical Carousels

Shuttle- and Bot-based AS/RS

Micro-Load (Stocker)

·         By Category

Standalone

Integrated

·         By Industry

Automotive

Food and Beverage

Electrical and Electronics

Healthcare

Retail and e-commerce

Others

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Questionnaire answered in the Market outlook Report of Automated Storage and Retrieval Systems Market include:

What is the key strategy deployed by large players to maximize Automated Storage and Retrieval Systems Marketgrowth?

What are the main challenges faced by players in the Automated Storage and Retrieval Systems Market Demand?

With the advent of technological advancement, how will the Automated Storage and Retrieval Systems Market landscape change over the forecast period?

What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Automated Storage and Retrieval Systems Market size?

How will be insights and market estimations provided in the Fact.MR report on the Demand of Automated Storage and Retrieval Systems make a difference?

The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions

The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period

The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets

Provides scrutiny of the industry trends that have shaped recent government policies

Provides an account of major breakthroughs in all segments that might change the course of the market considerably

Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Automated Storage and Retrieval Systems Market

Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future

Evaluate the role of different funding tiers for new growth vehicles in key regional markets. 

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[tipmee]

Automated Storage and Retrieval Systems (ASRS) Market Size Report 2028

Automated Storage and Retrieval Systems (ASRS) Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Unit Load ASRS, Mini Load ASRS, Vertical Lift Module, Vertical Carousels, Horizontal Carousels, AutoStore, and Others) and End-User Industry (Automotive, Food & Beverages, Electronic & Semiconductors, E-Commerce, Chemicals, Aerospace, Retail, Pharmaceuticals, and Others)

The automated storage and retrieval systems (ASRS) market is projected to grow from US$ 2,724.27 million in 2022 to US$ 4,681.40 million by 2028; it is estimated to record a CAGR of 7.0% from 2022 to 2028.

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Demand for optimized and space efficient storage systems, need for efficient supply chain, and demand for systematic management of redundant warehouse processes are driving the automated storage and retrieval systems (ASRS) market growth. Furthermore, increasing demand for automation in the e-commerce industry and rising demand for cold chain ASRS are expected to provide lucrative opportunities for the automated storage and retrieval systems (ASRS) market during the forecast period.

ASRS systems also play an essential role in robotics, where they are used to guide the autonomous robots called ‘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 retrieval of their products whenever required. A variety of ASRS systems are available in the market, out of which many systems are highly flexible and can be relocated. Other benefits include improved ergonomics, better inventory control, workplace safety, and others. However, the high cost associated with the installation, along with the overall maintenance cost, is hindering the market growth as it is often not affordable for small facilities to incur such costly automation.

The automated storage and retrieval system (ASRS) market is segmented into five major regions—North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). The APAC region is expected to witness the highest CAGR during the forecast period. The rapid growth in healthcare, retail, food & beverage, and automotive industry is expected to fuel the demand for ASRS.

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Key Findings of Study:

The automated storage and retrieval systems (ASRS) market is segmented on the basis of type, end user industry, and geography. Based on type, the automated storage and retrieval systems (ASRS) market is segmented into unit load ASRS, mini load ASRS, vertical lift module, vertical carousels, horizontal carousels, autostore, and others. Based on end user industry, the automated storage and retrieval systems (ASRS) market is segmented into automotive, food & beverages, electronic & semiconductors, e-commerce, chemicals, aerospace, retail, pharmaceuticals, and others. By geography, the automated storage and retrieval systems (ASRS) market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

The overall automated storage and retrieval systems (ASRS) market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the automated storage and retrieval systems (ASRS) market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the automated storage and retrieval systems (ASRS) market.

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