What is the current Vertical Lift Module (VLM) Market size?

The Vertical Lift Module (VLM) Market is projected to register a CAGR of 8% during the forecast period (2024-2029) Read More

Who are the key players in Vertical Lift Module (VLM) Market?

Kardex Group, Hänel Storage Systems, Ferretto Group S.p.a, Modula Inc.(System Logistics) and AutoCrib Inc. are the major companies operating in the Vertical Lift Module (VLM) Market. Read More

Which is the fastest growing region in Vertical Lift Module (VLM) Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Vertical Lift Module (VLM) Market?

In 2024, the Asia-Pacific accounts for the largest market share in Vertical Lift Module (VLM) Market. Read More

What years does this Vertical Lift Module (VLM) Market cover?

The report covers the Vertical Lift Module (VLM) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Vertical Lift Module (VLM) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Vertical Lift Module Market - VLM Size, Share & Industry Analysis

Vertical Lift Module Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global VLM Market is Segmented by end-user industry (metal and machinery, automotive, electrical and electronics, retail/warehousing/distribution center/logistics center, life sciences, food and beverage, and other end-user industries), and geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

Vertical Lift Module (VLM) Industry Overview

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.