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Download Free sampleA vertical lift module (VLM) is an enclosed system that consists of two columns of trays with an inserter/extractor in the center. The VLM inserter/extractor automatically locates stored trays and retrieves trays from both the front and back of the unit with a push of a button and delivers them to the operator at an ergonomically positioned pick window.
Automated Vertical Lift Module Market aims to provide a comprehensive presentation of the global market for Automated Vertical Lift Module, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automated Vertical Lift Module. Automated Vertical Lift Module Market contains market size and forecasts of Automated Vertical Lift Module in global, including the following market information:
Global Automated Vertical Lift Module Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automated Vertical Lift Module Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automated Vertical Lift Module companies in 2022 (%)
The global Automated Vertical Lift Module market was valued at US$ 459.9 million in 2022 and is projected to reach US$ 751.9 million by 2029, at a CAGR of 7.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Vertical Lift Module (VLM) key players include Kardex Remstar, Modula, Hanel, etc. Global top three manufacturers hold a share about 50%.
Europe is the largest market, with a share about 35%, followed by North America and Asia-Pacific, both have a share about 55 percent.
In terms of product, Single Level Delivery is the largest segment, with a share about 60%. And in terms of application, the largest application is Industrial Manufacturing, followed by Automotive.
We surveyed the Automated Vertical Lift Module manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automated Vertical Lift Module Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automated Vertical Lift Module Market Segment Percentages, by Type, 2022 (%)
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