1. Market Research
  2. > Transportation
  3. > Logistics and Freight Market Trends
Vertical Lift Module Market by Delivery Type, Storage Type, Industry And Region - Global Forecast to 2023

Vertical Lift Module Market by Delivery Type, Storage Type, Industry And Region - Global Forecast to 2023

  • February 2018
  • 136 pages
  • ID: 5339877
  • Format: PDF
  • MarketsandMarkets


Table of Contents

Search Inside

The vertical lift module (VLM) market is expected to witness significant growth between 2018 and 2023
The VLM market is expected to grow from USD 1,074.6 million in 2018 and reach USD 1,679.6 million by 2023, at a CAGR of 9.3% between 2018 and 2023. Key factors driving the growth of the VLM market include growing need to optimize warehouse floor space, benefits of deploying VLMs compared to standard shelving systems, rising warehouse rentals, and increasing focus on worker safety and security.

However, the availability of used VLMs in the market is a major restraining factor for the growth of the market

The VLM market for dual-level delivery is expected to grow at a higher CAGR during forecast period
The market for dual-level delivery type VLMs is expected to grow at a higher CAGR between 2018 and 2023. Manufacturing companies in semiconductor and electronics, aviation, healthcare, and automotive industries seek for ready availability of various components during the assembly of a product. Hence, these manufacturers prefer using dual-level VLMs for increasing the storage density and accessing the components at one place with ease

Non-refrigerated storage is expected to hold a larger share of VLM market between 2018 and 2023
Non-refrigerated storage is expected to account for a larger share of the VLM market during the forecast period.

Goods including steel molds, nuts, bolts, spare parts, components, and tools are not susceptible to changes in the temperature. These products can be stored at normal temperature conditions without the use of additional integrated equipment for temperature maintenance. Hence, non-refrigerated VLM systems are prominently used in many sectors for increasing productivity, reducing error rates, handling materials efficiently, increasing picking rate, and optimizing warehouse floor space

The VLM market in APAC is expected to grow at the highest CAGR during the forecast period
The VLM market in APAC is expected to grow at the highest CAGR between 2018 and 2023. Key factors such as growing automotive, and semiconductor and electronics industries; shortage of warehousing space; and huge growth potential for automated material handling systems contribute to the growth of the VLM market in APAC.

The break-up of the profiles of primary participants for the report has been given below.
• By Company Type: Tier 1 – 50%, Tier 2 – 30%, and Tier 3 – 20%
• By Designation: C-Level Executives – 55%, Directors – 25%, and Others – 20%
• By Region: North America – 30%, Europe – 40%, Asia Pacific – 25%, and RoW – 5%

Key players operating in the VLM market include Kardex (Switzerland), Haenel (Germany), System Spa (Italy), Ferretto (Italy), ICAM S.r.l. (Italy), Toyota Industries (Japan), AutoCrib (US), Automha (Italy), Constructor Group (Norway), Conveyor Handling Company (US), Green Automated Solutions (US), Lista (Switzerland), Mecalux (Spain), Stanley Vidmar (US), and Weland Lagersystem AB (Sweden).

Research Coverage:
The research report on the VLM market analyzes and forecasts the market based on delivery type, storage type, industry, and geography. Based on delivery type, the market has been segmented into single-level delivery and dual-level delivery.

On the basis of storage type, the VLM market has been classified into non-refrigerated storage and refrigerated storage. Based on industry, the market has been segmented into automotive, metals and machinery, food and beverages, chemicals, healthcare, semiconductor and electronics, aviation, e-commerce, and other industries. Based on region, the market has been classified into 4 major regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast of the market based on delivery type, storage type, industry, and region have been conducted to offer an overall view of the VLM market.
The value chain analysis has been performed to provide an in-depth insight into the VLM market.
The report provides a detailed overview of major drivers, restraints, opportunities, and challenges influencing the growth of the VLM market.
The report also includes competitive landscape, along with in-depth analysis and revenue of key players.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on