Global Vertical Lift Module (VLM) Market Growth 2019-2024 – ResearchbyMarkets.com

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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.
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.

According to this study, over the next five years the Vertical Lift Module (VLM) market will register a 7.9% CAGR in terms of revenue, the global market size will reach US$ 511.5 million by 2024, from US$ 350.4 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vertical Lift Module (VLM) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Vertical Lift Module (VLM) market by product type, application, key manufacturers and key regions and countries.

This study considers the Vertical Lift Module (VLM) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Single Level Delivery
Dual Level Delivery
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Industrial Manufacturing
Warehousing and Logistics
Aerospace
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Vertical Lift Module (VLM) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vertical Lift Module (VLM) market by identifying its various subsegments.
Focuses on the key global Vertical Lift Module (VLM) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vertical Lift Module (VLM) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vertical Lift Module (VLM) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.


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Ritesh Tiwari is the Founder of Research By Markets, a leading Market Research Reports Reseller trusted by Fortune listed companies for their requirements of Syndicated and Custom Market Research Reports. Ritesh has an overall experience of 18+ years in Recruitments, Sales and Operations. He has been associated with the Market Research industry for the past 7 years. He is an avid foodie as well as a huge football fan being a supporter of Manchester United (EPL) and FC Barcelona (La Liga). Get in touch with him via ritesh@researchbymarkets.com. *Market Research News is a part of Research By Markets.