Market Share of Vertical Lift Module (VLM) Industry
Companies like Kardex Group, Hanel Storage Systems, Ferretto Group S.p.A., Modula Inc., and Schaefer Systems International dominate the vertical lift module (VLM) market.With a big share of the market, these big players are focusing on growing their customer base in other countries.These companies are leveraging strategic collaborative initiatives to increase their market share and profitability. However, with technological advancements and product innovations, midsize to smaller companies are increasing their market presence by securing new contracts and tapping new markets.
Mouser Electronics, Inc., which has the largest selection of semiconductors and electronic components and is the top distributor for new product introductions (NPIs) in the industry, continued to invest in cutting-edge automation in its global distribution center in February 2022. This was done to speed up order processing, improve accuracy, and help clients shorten their time-to-market. The largest VLM installation in the history of the technology will be at Mouser, where 120 vertical lift modules (VLMs) will be placed.
Vertical Lift Module (VLM) Market Leaders
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Kardex Group
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Hänel Storage Systems
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Ferretto Group S.p.a
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Modula Inc.(System Logistics)
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AutoCrib Inc.
*Disclaimer: Major Players sorted in no particular order
