DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Vertical Lift Module (VLM) Market to 2025 - Global Analysis and Forecasts End-user" report to their offering.
Global vertical lift module market is expected to grow from US$ 960.0 million in 2016 to US$ 2301.0 million by 2025 at a CAGR of 10.27% between 2017 and 2025.
The vertical lift module market comprises of storage systems that are automated and on operators commands are used for either storage or retrieval of products inside a warehouse for optimization and space efficiency needs. The space efficiencies achieved coupled with rising demands for strategically managed SCM by various end-user industries especially retail, e-commerce, and logistics are drastically creating opportunities for implementations of such storage systems in the recent times.
North America, being a technologically advanced region along with high number of small and large enterprises, has witnessed highest adoptions of vertical lift modules by various organizations. Europe is the second largest adopter of vertical lift module solutions, while APAC region with growing numbers of various organizations and increasing technological trends lags behind the above two regions.
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.
Key Topics Covered:
2. Key Takeaways
3. Vertical Lift Module Market Landscape
4 Vertical Lift Module Market - Key Industry Dynamics
5 Vertical Lift Module Market Analysis- Global
6 Global Vertical Lift Module Market Revenue and Forecast to 2025 (US$ Mn) - End-User
7 Global Vertical Lift Module Market Revenue and Forecast to 2025 (US$ Mn) - Geographical Analysis
8 Industry Landscape
9 Competitive Landscape
10 Global Vertical Lift Module Market, Key Company Profiles
- Hanel Storage Systems
- Interlake Mecalux
- Kardex Group
- AutoCrib, Inc. (Lauyans & Co.)
- MDCI Automation (Sapient Automation)
- System Logistics Spa
- SSI Schaefer Systems International
- EffiMat Storage Technology A/S
- Constructor Group AS (Kasten and Dexion)
- Weland Lagersystem AB
- Modula S.p.A
- Ferretto Group SPA
- ICAM srl
- Zecchetti s.r.l.
For more information about this report visit http://www.researchandmarkets.com/research/hnd2xr/vertical_lift