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(Hosting-NewsWire.com, November 15, 2017 ) Vertical lift module is one of the most flexible and dynamic solution available. Companies are looking to improve storage capacity and better organize tools or supplies which will be easier using vertical lift modules, the most cost-effective solution. Vertical lift module having various basic functions not only improves the performance of warehouse but also confirm the safe operation of the warehouse. VLMs are fully automated storage system that allows large inventories of goods which is quickly accessible being stored in safe environment and automatically delivers to the operator. Vertical lift module is compact which is able to fit in any space and meets any customer’s requirements. Some of the basic functions of vertical lift modules are storage security with fixed height, shaft monitoring, filling rate display, user management and load monitoring. Vertical lift module includes some of the benefits such as defragmentation of the stored trays, Storage of trays in 25 mm increments, automated monitoring of the storage bins, programmable logic controller (PLC) and vertical shaft monitoring. Global vertical lift module market is expected to grow from US$ 743.8 million in 2016 to US$ 1667.6 million by 2025 at a CAGR of 9.5% between 2017 and 2025.
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One of the major driving factor fueling the growth of vertical lift module is increasing demand for customized solution for development of new products. Increasing performance of end user industries which is been driven by economic growth, micro-economic factor have a direct effect on increasing demand for vertical lift module. In addition to this there are several other factors fueling the growth of vertical lift module such as reduced floor requirement, higher efficiency, product security, operator’s security, enhanced productivity and higher reliability. However, high initial cost may hinders the growth of vertical lift module. Rapidly growing economic growth in automotive and electronic sector is expected to boost the market over coming years.
Vertical lift module market is segmented on the basis of types which further includes unit load ASRS, mini load ASRS, carousals, vertical lift module (VLM) and others. Similarly, the market is further segmented on the basis of end user such as electronics, food & beverages, E-commerce, aerospace, logistics, pharmaceutical, retail and others.
The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Australia, Japan, India, South Arabia, South Africa, UAE and Brazil.
Major Key Players:
Hanel Storage Systems
Interlake Mecalux
Kardex Group
AutoCrib, Inc. (Lauyans & Co.)
MDCI Automation (Sapient Automation)
SencorpWhite
System Logistics Spa
SSI Schaefer Systems International
EffiMat Storage Technology A/S
Constructor Group AS (Kasten and Dexion)
Weland Lagersystem AB
Modula S.p.A
Ferretto Group Spa
ICAM srl
Zecchetti s.r.l.
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Source: EmailWire.Com 
Source: EmailWire.com
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