Vertical Lift Module (VLM) Market to Grow at 9.5% CAGR to Hit USD 1667.6 Million by 2025 - Impact of COVID-19 Pandemic and Global Analysis by The Insight Partners

According to the new research report published by The Insight Partners, titled “Vertical Lift Module Market - Global Analysis and Forecast to 2025”, the global vertical lift module market is expected to reach US$ 1,667.6 Mn in 2025, registering a CAGR of 9.5% during the forecast period 2017 to 2025.

The report aims to provide an overview of global Vertical Lift Module (VLM) Market with detailed market segmentation by product/application and geography. The global Vertical Lift Module (VLM) Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Vertical Lift Module (VLM) players and offers key trends and opportunities in the market.

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VLM systems also play important role in robotics; where they are used to guide the autonomous robots called as ‘self-navigating robots’. Various industries such as electronics, automotive, aerospace, food & beverage, pharmaceuticals and electronics are pretty concerned about reducing labor intensive processes, increasing accuracy and speed for the task of storage and then retrieval of their products whenever required. VLMs are highly flexible and can be relocated. Also, one of the major benefit delivered by VLMs is enhancing worker’s productivity and pick accuracy by around 200 to 400 percent.

Aerospace is one of the most critical industry of the world where precision and timing is quite essential. Proper storage and timely management of stocks, parts and tools are some of the major challenges faced by the industry. Security is another factor that prevails heavily in the aerospace industry. VLM offers proper management of storage, security and retrieval of tools as well as parts, leading towards the generation of VLM products from the industry.

Top Dominating Key Players:

1. Hanel Storage Systems
2. Interlake Mecalux, Kardex Group
3. Lauyans and Co.
4. Sapient Automation,
5. SencorpWhite, System Logistics,
6. Schaefer Systems International
7. Effimat,
8. Dexion,
9. Modula
10. Weland Lagersystems AB,
11. Ferretto Group Spa
12. ICAM SRL

Key Benefits:

To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Vertical Lift Module (VLM) Market.

To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Vertical Lift Module (VLM) Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Vertical Lift Module (VLM) Market segments and regions.

Scope of the study:

The research on the Vertical Lift Module (VLM) Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Vertical Lift Module (VLM) Market on the basis of end user, product type, application, and demography for the forecast period 2020 - 2025. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

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Reasons to Buy the Report:

Learn about the driving factors, affecting the market growth.
Imbibe the advancements and progress in the market during the forecast period.
Understand where the market opportunities lies.
Compare and evaluate various options affecting the market.
Pick up on the leading market players within the market.
Envision the restrictions and restrains that are likely to hamper the market.

Contact Us:

The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.