Vertical Lift Module Market is expected to reach US$ 2301.0 million b Global Vertical Lift Module Market is expected to | Page 4
Vertical Lift Module (VLM) Market to 2025
VLM is a type of Automated Storage and Retrieval System (AS/RS or ASRS), which comprises of various computer
controlled systems for accurate picking and replacement of loads. The market for VLM is bifurcated on the basis of
end-user, which includes automotive, electronics, food & beverage, e-commerce, aerospace, logistics,
pharmaceuticals, retail and others (construction, agriculture and oil & gas among others). On the basis of geography,
the VLM market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South
America (SAM).
The emergence of online shopping and e-commerce is resulting in bolstering the market growth for VLMs as
well as the increasing adoption of automated solutions in manufacturing industries, particularly in
developing economies is also resulting in increased demand for VLMs. Some of the global key players
operating in the VLM market are Hanel Storage Systems, Interlake Mecalux, Kardex Group, Lauyans and Co.,
Sapient Automation, SencorpWhite, System Logistics, Schaefer Systems International, Effimat, Dexion,
Modula, Weland Lagersystems AB, Ferretto Group Spa and ICAM SRL among others.
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