Press release
Vertical Lift Module Market Size, Share, Development by 2024
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A 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.
Scope of the Report:
In the coming years there is an increasing demand for vertical lift module (VLM) in the regions of Europe and United States that is expected to drive the market for more advanced vertical lift module (VLM). Increasing of general industry fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of vertical lift module (VLM) in APAC will drive growth in global market.
The consumption volume of vertical lift module (VLM) is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of vertical lift module (VLM) industry may not keep that fast. But it is surely forecasted that the market of vertical lift module (VLM) is still promising.
The worldwide market for Vertical Lift Module (VLM) is expected to grow at a CAGR of roughly 7.3% over the next five years, will reach 523 million US$ in 2024, from 368.5 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Vertical Lift Module (VLM) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Kardex Remstar
Modula
Hanel
SSI Schaefer
Ferretto Group
Mecalux
Vidmar
KSEC
Gonvarri Material Handling
Second Institute of CETGC
ICAM
Effimat Storage Technology
Weland Lagersystem
RunningSys Inc
UN Industry
Market Segment by Regions, regional analysis covers
North America (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.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Single Level Delivery
Dual Level Delivery
Market Segment by Applications, can be divided into
Automotive
Industrial Manufacturing
Warehousing and Logistics
Aerospace
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-vertical-lift-module-vlm-market_p151324.html
Related Information:
North America Vertical Lift Module Market Growth 2019-2024
United States Vertical Lift Module Market Growth 2019-2024
Asia-Pacific Vertical Lift Module Market Growth 2019-2024
Europe Vertical Lift Module Market Growth 2019-2024
EMEA Vertical Lift Module Market Growth 2019-2024
Global Vertical Lift Module Market Growth 2019-2024
China Vertical Lift Module Market Growth 2019-2024
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