North America Vertical Lift Module Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
A vertical lift module (VLM) is an enclosed system that consists of two columns of trays with an Inserter/extractor in the centre. These VLM Inserter/Extractor robotically locates the and retrieve the desirable trays from the back and front unit with a single push of a button. The main advantage of VLM’s is they save up to 85% floor space when compared to standard shelving. Thus, utilizing the height from the ground to the ceiling in the form of storing trays.
North America Vertical Lift Module (VLM) Market Report Segments Size & Growth:
North America Vertical Lift Module (VLM) Market is expected to grow from approximately $ XX Million to $XX Million by the end of 2024 with a CAGR of close to XX% during the forecast timeline 2018-2024. Key parameters promoting the market growth is because of the design of the delivery mode of the stored items which eliminates the search time manually. The Vertical Lift Module increases the productivity up to 2/3 when compared to the normal shelving.
North America Vertical Lift Module (VLM) Market Report Segments Share:
On the whole North America is the second fastest growing region,
North America Vertical Lift Module Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
good growth in the SME section in USA is the fundamental driver for the Vertical Lift Module Market in this region which is boosting the chances for the VLM’s manufacturers in North America. The SME’s in USA are divided into many industries such as retail, real estate, logistics and warehousing, scientific and technical services, manufacturing and mining, construction, and healthcare. The growth in all these sectors together will elevate the demand of the VLM’s in North America region.
North America Vertical Lift Module is segmented into by load capacities of VLM, by functions of VLM, by delivery type, by storage type, by Industry. Based on load capacities of VLM, these are segmented into up to 20 tonnes, up to 40 tonnes, and up to 60 tonnes. By functions of VLM, these are segmented into order Picking, batch Picking, consolidation, sortation, storage. By Delivery Type, these are segmented into single level delivery and dual Level delivery. By storage type, these are segmented into nonrefrigerated storage and refrigerator Storage. By industry, these are segmented into automotive, metals and heavy machinery, food and beverages, chemicals, healthcare, semiconductors and electronics, aviation,
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North America Vertical Lift Module Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
e-commerce, and others.
North America Vertical Lift Module (VLM) Market Report Trends:
- Kardex Remstar has exhibited at Modex 2018, displaying a Shuttle XP Vertical Lift Module, LR 35 Vertical Buffer Module, Virtual Reality and the new Remote Support platform.
- Mecalux launches 6,500 m2 innovative technology center dedicated to automated solutions
North America Vertical Lift Module (VLM) Market Report Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
North America Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major market players, such as
- Constructor Group
- Stanley Vidmar Inc.
- Green Automated Solutions
- Conveyor Handling Company
- Autocrib
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