Press release
Vertical Lift Module Market 2018 Overview, Opportunities, Top Manufactures, Market Dynamics and Forecasts to 2025
The Insight Partners
Vertical lift module is one of the most flexible and dynamic solution available. Companies are looking to improve storage capacity and better organize tools or supplies which will be easier using vertical lift modules, the most cost-effective solution. Vertical lift module having various basic functions not only improves the performance of warehouse but also confirm the safe operation of the warehouse. VLMs are fully automated storage system that allows large inventories of goods which is quickly accessible being stored in safe environment and automatically delivers to the operator. Vertical lift module is compact which is able to fit in any space and meets any customer’s requirements. Some of the basic functions of vertical lift modules are storage security with fixed height, shaft monitoring, filling rate display, user management and load monitoring. Vertical lift module includes some of the benefits such as defragmentation of the stored trays, Storage of trays in 25 mm increments, automated monitoring of the storage bins, programmable logic controller (PLC) and vertical shaft monitoring. Global vertical lift module market is expected to grow from US$ 743.8 million in 2016 to US$ 1667.6 million by 2025 at a CAGR of 9.5% between 2017 and 2025.
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The report aims to provide an overview of global vertical lift module market with detailed market segmentation. Also, it analyzes the current vertical lift module market scenario and forecasts the market till 2025. The report covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST analysis of all the regions covered in the report.
The report focuses on an in-depth segmentation of this market based by type and end-user industry. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The regional market has been further bifurcated by respective countries. By end-user automotive sector accounted for the largest share of the vertical lift module market in 2016; whereas, APAC region is expected to grow at the highest CAGR during the forecast period.
Europe is one of the prominent regions in vertical lift module market which will contribute highest revenue globally due to technological developments and considerable implementation of vertical lift module solutions in different application segment. Rapidly growing economies in Asia-Pacific (APAC) with significant growth in automotive and electronic sector will pave the path for increasing adoption and propel the market for vertical lift module. The region is expected to lead the market with highest CAGR during the forecast period. Some of the key players of vertical lift module market include Kardex Remstar., Schaefer Group., Weland Lagersystem AB., Modula S.p.A., and SencorpWhite, among others.
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The report segments the global Vertical Lift Module market as follows:
Global Vertical Lift Module Market – By End-user
Automotive
Electronics
Food & Beverage
E-Commerce
Aerospace
Logistics
Pharmaceutical
Retail
Others (Agriculture, Oil & Gas, Construction etc.)
Global Vertical Lift Module Market – By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K.
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
South Africa
U.A.E.
South America (SAM)
Brazil
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Email: sales@theinsightpartners.com
About The Insight Partners
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, Media, and Telecommunication industries.
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