1 / 8

Vertical Lift Module Market Analysis

Vertical life module trays offer dynamic storage and are primarily used for heavier objects. The growing emphasis on automated storage across the industrial sector is expected to provide considerable boost to the demand for vertical lift modules during the forecast period. The applications of vertical lift modules across the warehouses in various industries continue to expand, thus driving the adoption of vertical lift modules.

TMR1
Download Presentation

Vertical Lift Module Market Analysis

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. We use cookies for a better user experience. Read our Privacy Policy I Agree Search report Keywords Home / Factory Automation / Controls / Vertical Lift Module Market Vertical Lift Module Market Rep Id : TMRGL51588 Vertical Lift Module Market (Type: Temperature Controlled/Refrigerated and Non-refrigerated; Configuration: Internal Bay and External Bay; Maximum Load Capacity: Below 20 Ton, 20 Ton to 40 Ton, and Above 40 Ton; End-use Industry: October 2018 Metals & Machinery, Automotive, Food & Beverages, Electronics, Logistics, Healthcare, Retail, and Others; and Factory Automation Application: Wave Picking, Batch Picking, Consolidation, Sorting, Replenishment, and Others) – Global Industry 199 Pages Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030 Request FREE Sample Report Preview Table of Content Transparency Plus Growing Focus on Industrial Automation and Rise of Industry 4.0 to Accelerate Market Growth Select License Type Over the past couple of decades, vertical lift modules have garnered immense popularity across Single User license $5795 various industrial sectors, including metals & machinery, automotive, electronics, food & beverages, logistics, and healthcare. The noteworthy rise of the e-Commerce sector around the Multi-User license $8795 world has played an imperative role in the development of the vertical lift module market– a trend Corporate license $11795 that is expected to continue during the forecast period. As a result of the flourishing e-Commerce sector, the demand for vertical lift modules for improved warehouse management witnessed an Buy Now impressive growth– a factor that is projected to propel the global vertical lift module market. Safe and Secure SSL Encrypted The rise of Industry 4.0 provided considerable momentum to the industrial automation trend over Get A Special pricing for start-ups and universities. the past decade. This has played an imperative role in boosting the sales of vertical lift modules worldwide. The demand for vertical lift modules is anticipated to grow at a rapid pace in the upcoming decade, owing to benefits provided in the vertical storage systems. In addition, vertical Request Discount

  2. lift modules have also emerged as an efficient tool management solution due to which, its adoption across the industrial sector is on the rise. In several core industries, vertical lift modules - Need More Info? - are increasingly being used for the handling of spare parts. At the back of these factors, along with increasing focus on industrial automation, entry of new Enquiry Before Buying technologies, and widening applications in various industrial sectors, the global vertical lift module market is on course to reach US$ 3 Bn mark by the end of 2030. Request Methodology Request a sample to get extensive insights into the Vertical Lift Module Market Ask References Increasing Focus on Automated Storage Solutions to Drive Global Market Over the past decade, the automated storage trend has gained considerable momentum across Free Customization the global industrial sector. While the demand for vertical carousel continues to grow, vertical lift modules have emerged as an ideal automated storage technologies. Vertical lift modules offer significant advantages such as high-density storage of slow-to-medium-velocity items, complete - Want to customize this report? - enclosure and lockable access for security, optimized storage in a compact storage framework, etc. Vertical lift modules have garnered considerable popularity in various applications, including We employ Market Analysis, Benchmarking, Corporate Intelligence, and Technological understand specific requirements and customize report with a quick turnaround time in a dynamic business environment. Intelligence to wave picking, batch picking, consolidation, replenishment, and sorting. The increasing use of height sensors in modern vertical lift modules is a major factor expected to boost the demand for vertical lift module during the assessment period. Moreover, the increasing use of computer software in vertical lift modules is estimated to fuel the growth of the global vertical lift module We offer 100% Free Customisation at the time of purchase market. Vertical life module trays offer dynamic storage and are primarily used for heavier objects. The Connect To Analyst growing emphasis on automated storage across the industrial sector is expected to provide considerable boost to the demand for vertical lift modules during the forecast period. The applications of vertical lift modules across the warehouses in various industries continue to - Trusted Partners - expand, thus driving the adoption of vertical lift modules. To understand how our report can bring difference to your business strategy, Ask for a brochure Demand to Remain Steady amid COVID-19 Pandemic

  3. The onset of the novel COVID-19 pandemic is expected to have a moderate impact on the global Quick Contact 866-552-3453 vertical lift module market in 2020. Uncertainty in the market, fluctuating economic trends, and stringent lockdown measures implemented by governments around the world to curb the +1-518-618-1030 transmission of the novel virus are some of the major factors expected to have a negative impact Contact by email on the growth of the global vertical lift module market. The demand for vertical lift modules witnessed considerable decline in the first quarter of 2020. Why trust Us? However, due to surge in the number of e-Commerce orders and rise in the online purchases, the 5 Million+ Market Data demand for vertical lift module across warehouses in various regions has remained steady. Stuck in a neck-to-neck competition with other brands? Request a custom report on Vertical Lift Module Market Analysts’ Viewpoint - Related Reports - Elevators Market The global vertical lift module market is expected to expand at an impressive CAGR of 9% during the Industrial Agitator Market forecast period. The market growth can be primarily attributed to rise in demand for automated Metal Cleaning Equipment Market storage systems, flourishing e-Commerce sector, significant increase in the number of warehouses worldwide, widening applications in the various end-use sectors, and advancements in technology. Silos Market The onset of the Industry 4.0 across the industrial sector worldwide is one of the major factors that Industrial Floor Mats Market will continue to offer opportunities to the players operating in the current vertical lift module market landscape. Vertical Lift Module Market: Overview Vertical lift module (VLM) is a storage system that consists of two parallel columns, each of which is divided into fixed shelf locations that can hold a single storage module such as a tray. These modules store items on trays and deliver them to an ergonomically positioned work counter with the touch of a button on a control device. Asia Pacific accounted for a dominant share of the vertical lift module market in 2019 and is likely to be the leading region for vertical lift modules, owing to the presence of a dominant consumer base in the region. China, India, Korea, and Japan are major vertical lift module markets in Asia Pacific. Huge demand for warehouse management coupled with increasing

  4. number of WMS providers in the region will drive the vertical lift module market. Asia Pacific is witnessing rapid increase in the number of small-scale vertical lift manufacturers and this trend is likely to continue in the near future. Vertical Lift Module: Market Trends The growth of healthcare, pharmaceuticals, and electrical/electronic industries is driving the demand for vertical lift modules. In recent years, rapid increase in the installation of vertical lift module systems in retail sector, food & beverages, and hospitals for picking and handling of products is also projected to boost the demand for vertical lift modules. The growing retail industry across the globe prompts an increase in installation of warehouses to better manage efficient and optimized logistics. Vertical Lift Module Market: Drivers, Opportunities, and Restraints Rapid increase in installation of automated storage & retrieval systems in various sectors or industries such as automotive, aviation, metal engineering, healthcare, and e-Commerce in recent years is one of the significant factors projected to drive the market of vertical lift module systems during the forecast period. Vertical lift modules help industries to manage their inventories in an efficient & effective manner. These systems are ideal for space utilization, increase productivity levels, and also help companies to reduce expenses by minimizing the amount of unnecessary parts and products in storage. Advancements in technology and new products and services increase accuracy, productivity, and efficiency of warehousing systems. Manufacturing companies are investing heavily on research & development to introduce cutting-edge technologies and new product development, which is set to expand their product portfolio and help manufacturing companies upgrade their existing products. Prices of vertical lift modules are very high and increase the overall cost of the business. The initial investment to purchase completely new vertical lift modules is extremely prohibitive.  Affordability of the system is one of the major concerns for end-use industries, especially in emerging economies. Cheap labor or workforce is available in developing countries such as

  5. China, India, and other Southeast Asian countries. This also restricts end users from making such heavy investments in vertical lift module systems. Vertical Lift Module Market: Key Segments The global vertical lift module market has been segmented based on type, configuration, maximum load capacity, end-use industry, application, and region Based on type, the global vertical lift module market has been classified into temperature controlled/refrigerated and non-refrigerated In terms of configuration, the market has been divided into internal bay (single and dual) and external bay (single and dual) Based on maximum load capacity, the market has been categorized into below 20 ton, 20 ton  to 40 ton, and above 40 ton Based on end-use industry, the global vertical lift module market has been split into metals & machinery, automotive, food & beverages, electronics, logistics, healthcare, retail, and others (aerospace, chemicals, etc.) In terms of application, the global vertical lift module market has been segmented into wave picking, batch picking, consolidation, sorting, replenishment, and others (MRO, etc.) Based on region, the global vertical lift module market has been divided into North America (U.S., Canada, and Rest of North America), Europe (U.K., Germany, France, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, and Rest of Asia Pacific), Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa), and South America (Brazil and Rest of South America) Vertical Lift Module Market: Competition Landscape Manufacturing companies are following various strategies to increase their market share through mergers & acquisitions, and innovations and developments. Companies are also expanding their distribution network and signing partnerships and sales collaborations with local distributors and sales partners. Key players operating in the vertical lift module market include Gonvarri Material Handling

  6. EffiMat Storage Technology A/S Ferretto Group S.p.a. Hänel Storage Systems ICAM SRL Kardex Remstar AutoCrib, Inc. Modula S.p.A SSI SCHAEFER Group Weland Solutions AB Vidir Solutions, Inc. Automha S.p.A Vertical Lift Module Market – Segmentation TMR’s study on the global vertical lift module market includes information categorized into six sections ? type, configuration, maximum load capacity, end-use industry, application, and region. Changing industry trends and other crucial market dynamics associated with these sections of the vertical lift module market have been discussed in detail. Temperature Controlled/Refrigerated Type  Non-refrigerated Internal Bay Single Dual Configuration External Bay Single Dual Below 20 Ton Maximum Load Capacity 20 Ton to 40 Ton Above 40 Ton

  7. End-use Industry Metals & Machinery Automotive Food & BeveragesElectronics Logistics Healthcare Retail Others (Aerospace, Chemicals, etc.) Wave Picking Batch Picking Application Consolidation Sorting Replenishment Others (MRO, etc.) Region North America U.S. Canada Rest of North America Europe U.K. Germany France  Rest of Europe Asia Pacific China India Japan South Korea  Rest of Asia Pacific Middle East & Africa GCC Countries South Africa

  8. Rest of Middle East & Africa South America Brazil Rest of South America Get Free Sample Interested in this report? Get a FREE sample now! *Get Sample Report (PDF) sent to your email within minutes - Help - - Follow Us - Terms Of Use Customer FAQ How To Order Privacy Policy Sitemap U.S Sales Office Corporate Headquarter Reach Us +1-518-618-1030 State Tower, 90 State Street, Suite 700, Albany NY - 12207, United States Downtown, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA 866-552-3453 (US-Canada Toll Free) sales@transparencymarketresearch.com Trust Online Copyright © Transparency Market Research, Inc. All Rights reserved PDFmyURL.com - convert URLs, web pages or even full websites to PDF online. Easy API for developers!

More Related