Vertical Lift Module Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Hanel, Modula, Weland Lagersystem, EffiMat Storage Technology

Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Vertical Lift Module Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 8.5% during the review period (2022 to 2027)

Vertical Lift Module Market Overview

Due to the general shift in attention to smart intralogistics, vertical lift modules play a crucial role. End-market preferences have changed from using VLMs as a simple space management tool to deriving operational benefits from connected systems, causing major upheaval in intralogistics during the last decade. This is one of the most important variables influencing the industry.

Another key reason driving the industry is the government's strict laws aimed at improving worker safety. Employees must wear safety fall protection regardless of the fall distance, according to the amended criteria of the Occupational Safety and Health Act. As a result, occupational safety, which deals with the prevention of any harm or incident, becomes more important, resulting in higher usage of a vertical lift module (VLM).

Industry News and Updates:

Modula Acquires Long-Time Supplier MB as Growth Continues for 10th straight year

June 14, 2020- Modula S.p.A. has acquired 60% of MB S.r.l., an Italian company that has long been a supplier of materials used in Modula’s storage system components. The acquisition reflects Modula’s strong and consistent growth over the past 10 years, as well as its strategic plan to insource production of its vertical storage systems in an innovative and technological factory. In 2019, Modula had revenues over more than $182 million on sales of more than 2,600 automated storage systems with an EBITDA/revenue ratio of over 9%.

Kardex acquires majority share in Robomotive

18 May 2020- Kardex has acquired the majority share in the Dutch company Robomotive. Founded in 2011, the company develops and implements smart robot technologies. Robomotive's unique selling point is mimicking the adaptive eye-hand coordination of humans with the help of robots, 3D cameras, grippers, and smart software algorithms. This combination of soft- and hardware makes it possible to recognize, locate, and grip objects without the need for teach-in processes.

What are the major Applications, Types, and Regions of the Vertical Lift Module Market?

The market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Single Delivery Type


• Dual Delivery Type

By Application, it is segmented into

• Automotive


• Machinery and Heavy Equipment


• Chemicals


• Healthcare


• Electronics & Semiconductors


• Aviation


• Others

Vertical Lift Module Market Regional Analysis

Because of the existence of the world's largest industrial hub and the world's largest exporter, China, Asia-Pacific is likely to experience the fastest development. China's automation is predicted to lower costs by 30% by 2027, and the country's manufacturing units are expected to grow significantly as part of the 'Made in China 2027' strategy. The vertical lift module (VLM) market in the country is driven by this cause.

India is also one of the world's fastest-growing economies. With India's ambitious 'Make in India' initiative, manufacturing, distribution, and logistical operations are set to increase at a breakneck pace.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Vertical Lift Module Market report scope?

Key Takeaways from this Vertical Lift Module Report

• Evaluate Vertical Lift Module market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Vertical Lift Module market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

How do you conduct primary research interviews?

We use tools such as video conferences, telephone calls, face-to-face interviews, and questionnaires with key respondents.

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Who are the key players in Vertical Lift Module Market?

Hanel, Modula, Weland Lagersystem, EffiMat Storage Technology, DMW&H, Automha, Constructor Group, Jungheinrich, EBHARDT Fordertechnik, Systems Logistics, Kardex Group, Schafer Systems International, Ferretto

What regions does this Vertical Lift Module Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.