Global Vertical Lift Module Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Vertical Lift Module Market is presumed to reach the market size of nearly USD 4.87 Billion by 2032 from USD 2.13 Billion in 2023 with a CAGR of 9.65% under the study period 2024-2032.

A vertical lift module (VLM) is a space-saving automated storage system utilized in warehouses and distribution centers to optimize storage space and enhance picking efficiency. It comprises vertically arranged trays or bins stored within a compact enclosure. An automated lift mechanism retrieves requested items and presents them to the operator at an ergonomic height, reducing picking time and minimizing manual labor. VLMs are equipped with advanced inventory management software, enabling real-time tracking of inventory levels and improving inventory accuracy. These systems offer significant benefits in maximizing storage capacity, increasing productivity, and streamlining warehouse operations, making them indispensable tools in modern logistics and distribution environments.

MARKET DYNAMICS

The growing demand for efficient storage and retrieval systems in warehouses and distribution centers drives the vertical lift module Market. Vertical lift modules (VLMs) optimize space utilization and improve inventory management, significantly enhancing operational efficiency and thus propelling the vertical lift module market. The increasing adoption of automation in manufacturing and logistics industries boosts market growth. VLMs are integral to automated storage solutions, reducing labor costs and minimizing errors. The growing need for space-saving solutions in urban areas contributes to market expansion. VLMs offer high-density storage, making them ideal for facilities with limited floor space. Furthermore, the growing emphasis on improving productivity and reducing downtime in various industries drives the demand for VLMs. These modules provide quick and easy access to stored items, streamlining workflow and boosting productivity. Moreover, advancements in VLM technology, such as integrating IoT and AI, enhance their functionality and efficiency, further driving market growth. The increasing focus on workplace safety and ergonomics supports adopting VLMs. These systems reduce the need for manual handling of goods, thereby decreasing the risk of workplace injuries and improving overall safety. Continuous innovation and development in VLM technology also contribute to market growth. However, limited warehouse space and retrofitting challenges in existing facilities may hinder market growth in the next few years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Vertical Lift Module. The growth and trends of Vertical Lift Module industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Vertical Lift Module market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

Temperature Controlled/Refrigerated
Non-refrigerated

By Configuration

Internal Bay Single Dual
External Bay Single Dual

By Maximum Load Capacity

Below 20 Ton
20 Ton t40 Ton
Above 40 Ton

By End-use Industry

Metals & Machinery
Automotive
Food & Beverages
Electronics
Logistics
Healthcare
Retail
Others (Aerospace, Chemicals, etc)

By Application

Wave Picking
Batch Picking
Consolidation
Sorting
Replenishment
Others (MRO, etc)

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Vertical Lift Module market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Vertical Lift Module market include Gonvarri Material Handling, EffiMat Storage Technology A/S, Ferretto Group Spa., ICAM Sil, Kardex, Modula SpA, Snap-On AutoCrib Inc., SSI SCHAEFER Group, Weland Solutions, Vidir Solutions Inc., Automha Spa, . This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11214050

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. VERTICAL LIFT MODULE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Configuration
- 3.7.3 Market Attractiveness Analysis By Maximum Load Capacity
- 3.7.4 Market Attractiveness Analysis By End-use Industry
- 3.7.5 Market Attractiveness Analysis By Application
- 3.7.6 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL VERTICAL LIFT MODULE MARKET ANALYSIS BY TYPE

5.1. Overview By Type
5.2. Historical and Forecast Data Analysis By Type
5.3. Temperature Controlled/Refrigerated Historic and Forecast Sales By Regions
5.4. Non-refrigerated Historic and Forecast Sales By Regions

6. GLOBAL VERTICAL LIFT MODULE MARKET ANALYSIS BY CONFIGURATION

6.1. Overview By Configuration
6.2. Historical and Forecast Data Analysis By Configuration
6.3. Internal Bay Single Dual Historic and Forecast Sales By Regions
6.4. External Bay Single Dual Historic and Forecast Sales By Regions

7. GLOBAL VERTICAL LIFT MODULE MARKET ANALYSIS BY MAXIMUM LOAD CAPACITY

7.1. Overview By Maximum Load Capacity
7.2. Historical and Forecast Data Analysis By Maximum Load Capacity
7.3. Below 20 Ton Historic and Forecast Sales By Regions
7.4. 20 Ton t40 Ton Historic and Forecast Sales By Regions
7.5. Above 40 Ton Historic and Forecast Sales By Regions

8. GLOBAL VERTICAL LIFT MODULE MARKET ANALYSIS BY END-USE INDUSTRY

8.1. Overview By End-use Industry
8.2. Historical and Forecast Data Analysis By End-use Industry
8.3. Metals & Machinery Historic and Forecast Sales By Regions
8.4. Automotive Historic and Forecast Sales By Regions
8.5. Food & Beverages Historic and Forecast Sales By Regions
8.6. Electronics Historic and Forecast Sales By Regions
8.7. Logistics Historic and Forecast Sales By Regions
8.8. Healthcare Historic and Forecast Sales By Regions
8.9. Retail Historic and Forecast Sales By Regions
8.10. Others (Aerospace, Chemicals, etc) Historic and Forecast Sales By Regions

9. GLOBAL VERTICAL LIFT MODULE MARKET ANALYSIS BY APPLICATION

9.1. Overview By Application
9.2. Historical and Forecast Data Analysis By Application
9.3. Wave Picking Historic and Forecast Sales By Regions
9.4. Batch Picking Historic and Forecast Sales By Regions
9.5. Consolidation Historic and Forecast Sales By Regions
9.6. Sorting Historic and Forecast Sales By Regions
9.7. Replenishment Historic and Forecast Sales By Regions
9.8. Others (MRO, etc) Historic and Forecast Sales By Regions

10. GLOBAL VERTICAL LIFT MODULE MARKET ANALYSIS BY GEOGRAPHY

10.1. Regional Outlook
10.2. Introduction
10.3. North America Sales Analysis
- 10.3.1 Overview, Historic and Forecast Data Sales Analysis
- 10.3.2 North America By Segment Sales Analysis
- 10.3.3 North America By Country Sales Analysis
- 10.3.4 United States Sales Analysis
- 10.3.5 Canada Sales Analysis
- 10.3.6 Mexico Sales Analysis
10.4. Europe Sales Analysis
- 10.4.1 Overview, Historic and Forecast Data Sales Analysis
- 10.4.2 Europe By Segment Sales Analysis
- 10.4.3 Europe By Country Sales Analysis
- 10.4.4 United Kingdom Sales Analysis
- 10.4.5 France Sales Analysis
- 10.4.6 Germany Sales Analysis
- 10.4.7 Italy Sales Analysis
- 10.4.8 Russia Sales Analysis
- 10.4.9 Rest Of Europe Sales Analysis
10.5. Asia Pacific Sales Analysis
- 10.5.1 Overview, Historic and Forecast Data Sales Analysis
- 10.5.2 Asia Pacific By Segment Sales Analysis
- 10.5.3 Asia Pacific By Country Sales Analysis
- 10.5.4 China Sales Analysis
- 10.5.5 India Sales Analysis
- 10.5.6 Japan Sales Analysis
- 10.5.7 South Korea Sales Analysis
- 10.5.8 Australia Sales Analysis
- 10.5.9 South East Asia Sales Analysis
- 10.5.10 Rest Of Asia Pacific Sales Analysis
10.6. Latin America Sales Analysis
- 10.6.1 Overview, Historic and Forecast Data Sales Analysis
- 10.6.2 Latin America By Segment Sales Analysis
- 10.6.3 Latin America By Country Sales Analysis
- 10.6.4 Brazil Sales Analysis
- 10.6.5 Argentina Sales Analysis
- 10.6.6 Peru Sales Analysis
- 10.6.7 Chile Sales Analysis
- 10.6.8 Rest of Latin America Sales Analysis
10.7. Middle East & Africa Sales Analysis
- 10.7.1 Overview, Historic and Forecast Data Sales Analysis
- 10.7.2 Middle East & Africa By Segment Sales Analysis
- 10.7.3 Middle East & Africa By Country Sales Analysis
- 10.7.4 Saudi Arabia Sales Analysis
- 10.7.5 UAE Sales Analysis
- 10.7.6 Israel Sales Analysis
- 10.7.7 South Africa Sales Analysis
- 10.7.8 Rest Of Middle East And Africa Sales Analysis

11. COMPETITIVE LANDSCAPE OF THE VERTICAL LIFT MODULE COMPANIES

11.1. Vertical Lift Module Market Competition
11.2. Partnership/Collaboration/Agreement
11.3. Merger And Acquisitions
11.4. New Product Launch
11.5. Other Developments

12. COMPANY PROFILES OF VERTICAL LIFT MODULE INDUSTRY

12.1. Top Companies Market Share Analysis
12.2. Market Concentration Rate
12.3. Gonvarri Material Handling
- 12.3.1 Company Overview
- 12.3.2 Company Revenue
- 12.3.3 Products
- 12.3.4 Recent Developments
12.4. EffiMat Storage Technology A/S
- 12.4.1 Company Overview
- 12.4.2 Company Revenue
- 12.4.3 Products
- 12.4.4 Recent Developments
12.5. Ferretto Group Spa.
- 12.5.1 Company Overview
- 12.5.2 Company Revenue
- 12.5.3 Products
- 12.5.4 Recent Developments
12.6. ICAM Sil
- 12.6.1 Company Overview
- 12.6.2 Company Revenue
- 12.6.3 Products
- 12.6.4 Recent Developments
12.7. Kardex
- 12.7.1 Company Overview
- 12.7.2 Company Revenue
- 12.7.3 Products
- 12.7.4 Recent Developments
12.8. Modula SpA
- 12.8.1 Company Overview
- 12.8.2 Company Revenue
- 12.8.3 Products
- 12.8.4 Recent Developments
12.9. Snap-On AutoCrib Inc.
- 12.9.1 Company Overview
- 12.9.2 Company Revenue
- 12.9.3 Products
- 12.9.4 Recent Developments
12.10. SSI SCHAEFER Group
- 12.10.1 Company Overview
- 12.10.2 Company Revenue
- 12.10.3 Products
- 12.10.4 Recent Developments
12.11. Weland Solutions
- 12.11.1 Company Overview
- 12.11.2 Company Revenue
- 12.11.3 Products
- 12.11.4 Recent Developments
12.12. Vidir Solutions Inc.
- 12.12.1 Company Overview
- 12.12.2 Company Revenue
- 12.12.3 Products
- 12.12.4 Recent Developments
12.13. Automha Spa
- 12.13.1 Company Overview
- 12.13.2 Company Revenue
- 12.13.3 Products
- 12.13.4 Recent Developments
12.14.
- 12.14.1 Company Overview
- 12.14.2 Company Revenue
- 12.14.3 Products
- 12.14.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies