DUBLIN--(BUSINESS WIRE)--The "Vertical Lift Module (VLM) - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Vertical Lift Module (VLM) Market accounted for $970.21 million in 2017 and is expected to reach $2,350.27 million by 2026 growing at a CAGR of 10.3%.
Rising focus on worker security and safety, rising warehouse rentals, benefits of utilizing vlm compared to traditional Common wall fixed systems and increasing need to optimize warehouse floor space are some of the key factors propelling the market growth. However, Availability of Used VLMs in the Market is restricting the market growth.
Amongst delivery type, Single-Level Delivery segment dominated the global market and is expected to maintain its dominance over the forecast period, due to rising demand for faster storage and recovery of heterogeneous goods.
Europe will be the major revenue contributor to the Vertical Lift Module market throughout the forecast period, owing to cutting edge technologies and they emphasis to promote and launch a new product.
- Conveyor Handling Company
- Stanley Vidmar
- Green Automated Solutions
- Weland Lagersystem
- Icam S.R.L
- System SpA
- Constructor Group
- Toyota Industries
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